Rencore, a Munich, Germany-based software company that provides a cloud-based governance platform, has extended its Series A funding to $15 million.
Investors
The round was led by Hi Inov, with continued participation from UVC Partners and Capnamic Ventures.
Hi Inov is a European B2B venture capital fund founded by entrepreneurs for entrepreneurs, with offices in Paris, Lyon, and Munich. The fund supports high-growth European companies from Seed to Series A and B, focusing on driving transformation in the industrial and service sectors through innovative technological solutions. It provides strategic guidance to help companies scale from early-stage ventures to global category leaders and is backed by over €350 million in capital from entrepreneurs, mid-sized and large corporations, and institutional investors.
Rencore Use of Funds
The company will use the funding to expand its AI and Agent Governance capabilities, grow its product and engineering teams, and scale go-to-market operations in Europe and North America.
About Rencore
Founded by Torsten Mandelkow and Matthias Einig, Rencore is a B2B software company specializing in governance, security, and compliance solutions for Microsoft 365, the Power platform, and enterprise AI. Its cloud platform enables organizations to inventory, analyze, and control collaboration and automation environments at scale. Headquartered in Munich, Germany, the company serves major enterprises including Amgen, Honeywell, Lufthansa Group, and Siemens Healthineers.
Funding Details
Company: Rencore GmbH
Raised: $15.0M
Round: Series A Extension
Funding Date: November 2025
Lead Investor: Hi Inov
Additional Investors: UVC Partners, Capnamic Ventures
Company Website: https://rencore.com/
Software Category: Enterprise SaaS / AI & Agent Governance / Microsoft 365 Governance
Source: https://www.prnewswire.com/news-releases/rencore-extends-series-a-to-usd-15-million-to-accelerate-ai-governance-growth-and-international-expansion-302626925.html