Germany's largest pre-seed round in software in 2026, with Bayern Kapital, H&Z and business angels. The platform has been live since 28 September.
Elevatry closes a €3 million pre-seed round with Bayern Kapital, H&Z and business angels, Germany's largest pre-seed round in software in 2026. The AI platform for strategic procurement has been live since 28 September.
Procurement is rarely short of sources. What it lacks is a hierarchy of sources: contract, context, external evidence and interpretation sit side by side in the project folder. But findable doesn't mean reliable.
Why more heads don't change the ratio, and what would help instead
CPOs spend 74% of their time on transactional and operational rather than strategic work. More people, more tools and more dashboards make the work faster, but at its core it stays the same.
What happens when analytical capability leaves with the project team
A procurement project can deliver an excellent result and still leave the organization right where it started. The result stays; the reasoning behind it leaves with the project team.
Why the rest behind the 20% isn't unimportant, just overlooked
Only 4% of companies actively manage most of their tail spend. The rest just 'runs along,' and in the fourth quarter, that turns into an opportunity nobody captures.
74% of a CPO’s time is spent on transactional work rather than strategy. The reason: When the best category manager leaves, so does their knowledge—and the contract folder remains empty.
+ business angels
Heiko Schwarz