Intropy Raises $11M Seed

Intropy, a London-based company that uses artificial intelligence to automate inventory and pricing decisions for spare parts businesses, has raised $11 million in a seed funding round. The investment will support the company's growth as it targets expansion into the United States market.

Investors

The funding round was led by Felix Capital, with participation from Quiet Capital and existing investors General Catalyst and Firstminute Capital.

Intropy Use of Funds

Intropy plans to use the new capital to accelerate its product development efforts, expand its current team, and establish a new office location in New York to facilitate US expansion.

About Intropy

Founded in 2024 by former researchers from UK-based AI insurtech company Tractable, YihKai Teh and Franziska Kirschner, Intropy provides an intelligence layer for spare parts management. Its product automates decision-making processes for distributors, manufacturers, and recyclers by aggregating fragmented data and integrating directly with existing ERP systems, replacing traditional manual and spreadsheet-based workflows.

Funding Details

Company Website: https://intropy.ai

Company: Intropy
Raised: $11M
Round: Seed
Funding Date: July 30, 2026
Lead Investor: Felix Capital
Additional Investors: Quiet Capital, General Catalyst, Firstminute Capital
Software Category: SaaS