Sastrify Raises $7 Million in Seed Round

by Kay Aloha Villamor in August 30th, 2021

Sastrify, a virtual SaaS procurement service provider that manages the cost of SaaS solutions for finance and engineering teams, has raised $7 Million in Seed Round funding from HV Capital.

Sastrify would use the proceeds from the funding to accelerate sales, marketing, and product development and expand its service in Europe and beyond.

Company: Sastrify GmbH

Raised: $7.0M

Round: Seed Round

Funding Month: August 2021

Lead Investors: HV Capital

Additional Investors: 

Company Website: https://sastrify.com/

Software Category: Virtual SaaS procurement service 

About the Company: Sastrify is a virtual Software-as-a-Service procurement service, helping finance and tech teams to optimize the management and cost of SaaS tools in successful digital-first companies. W automate repetitive and annoying processes (e.g. setting renewal dates, reaching out to suppliers, etc.) and use a dedicated procurement team that benefits from a large database of SaaS benchmarks to get you the best prices on the market. We typically bring our customers 3-4x ROI with only 20-30min work on their end.

Source: https://techcrunch.com/2021/08/27/sastrify-snags-7m-to-help-smes-manage-saas-buying/?utm_source=dlvr.it&utm_medium=twitter

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