Mercanis is the leading procurement suite with a strong focus on indirect procurement. Our cutting-edge tool enables customers to buy in a smart, efficient, and compliant manner. Our AI-powered technology aims to create a fairer and more inclusive business environment by covering every step of the source-to-settle.
Drive Automation
Speed up your go to market by finding the right service providers at the right time and automating tedious non-value driving tasks such as SOW creation.
Ensure Compliance
Your single-point of truth analytics dashboard will finally show you in real-time how much you spend with each provider. No more painstaking audit preparation by tracking everything along the process.
Gain Visibility
Track your provider performance across projects and start centralising your provider expertise across your organisation with customisable feedback loops.
Manage your Service Providers at your Fingertips
Create and collaborate on customized provider repositories. Track and rate the performance of your providers to ensure high-level quality your projects deserve.
Benefit of a seamless end-to-end experience
Simplify critical processes by streamlining and automating efforts at any stage of your buying and service delivery journey. With an advanced milestone management functionality, Mercanis covers not only market analysis and smart buying but also the service delivery / implementation.
Drive Automation
Speed up your go to market by finding the right service providers at the right time and automating tedious non-value driving tasks such as SOW creation.
Ensure Compliance
Your single-point of truth analytics dashboard will finally show you in real-time how much you spend with each provider. No more painstaking audit preparation by tracking everything along the process.
Gain Visibility
Track your provider performance across projects and start centralising your provider expertise across your organisation with customisable feedback loops.
Manage your Service Providers at your Fingertips
Create and collaborate on customized provider repositories. Track and rate the performance of your providers to ensure high-level quality your projects deserve.
Benefit of a seamless end-to-end experience
Simplify critical processes by streamlining and automating efforts at any stage of your buying and service delivery journey. With an advanced milestone management functionality, Mercanis covers not only market analysis and smart buying but also the service delivery / implementation.
Location: Germany, Berlin
Employees: 11-50
Total raised: $10.01M
Founded date: 2020
Founders name: Moritz Weiermann; Fabian Heinrich
Founders Related Locations: Germany, Brandenburg, Selchow; Switzerland, Zurich, Zurich
Investors 4
Date | Name | Website |
- | New Forge | newforge.d... |
11.11.2023 | Speedinves... | speedinves... |
- | Startup Au... | startup-au... |
- | DI Technol... | dit.vc |
Funding Rounds 1
Date | Series | Amount | Investors |
03.09.2023 | Seed | $10.01M | - |
Persons 12
Date | First Name | Last Name | Title | Location | |||
- | Juan | Vidal | - | linkedin.c... | - | i**o@merca... | - |
- | Moritz | Weiermann | COO & ... | linkedin.c... | - | m*********... | - |
- | Giulio | Gherardi | Head of En... | linkedin.c... | - | g*********... | - |
- | Tim | Weber | Founders A... | linkedin.c... | - | t*******r@... | - |
- | Emilie Mar... | Krampe | Growth and... | linkedin.c... | - | e*********... | - |
- | Florian | Steinmetz | - | linkedin.c... | - | f*********... | - |
- | Aaron | Schwietrin... | Team Lead ... | linkedin.c... | - | a*********... | - |
- | Ganesh | mani | Full Stack... | linkedin.c... | - | g*********... | - |
- | Tarun | Sharma | Sr Develop... | linkedin.c... | - | t*********... | - |
- | Paula | Schnauder | Intern | G... | linkedin.c... | - | p*********... | - |
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Mentions in press and media 13
Date | Title | Description |
19.09.2024 | Capmont raises €100M for early-stage B2B startups | Capmont Technology – a venture capital firm investing in B2B technology startups across Europe and the US – has announced the launch of a €100 million fund, targeting companies solving industry-wide problems through pioneering technology. T... |
30.10.2023 | Which German Enterprise Software Startups Are Shaping EU’s Tech Landscape? | Germany is known for its advanced technology and innovative startups, and the enterprise software industry is no exception. The country has produced a variety of exciting and revolutionary businesses that are changing the way we work and op... |
03.09.2023 | Mercanis: Procurement Suite Solution Company Closes $10 Million In Funding | Mercanis – a Berlin-based procurement suite solution company – recently announced the completion of its latest seed funding of $10 million. The funding round was led by institutional funds such as Signals.vc, DI Technology, and Speedinvest.... |
19.08.2023 | Berlin-based startup Mercanis raises USD 10 million in funding | California’s BERLIN, SUNNYVALE, Aug. 17, 2023 — Berlin-based startup Mercanis announces the completion of its most recent USD 10 million initial round of fundraising—institutional funds like Singals.VC, DI Technology, and Speedinvest took t... |
17.08.2023 | Berlin-based Mercanis raises $10M for AI-powered procurement platform | Berlin-based procurement solutions start-up Mercanis has raised a $10 million Seed round to continue R&D for its AI-powered procurement platform as the company expands its team and gains further customer growth. Mercanis was founded in ... |
17.08.2023 | Mercanis sammelt 10 Millionen ein – coachbetter bekommt 2,9 Millionen – Lykon erhält 2,5 Millionen | Im #DealMonitor für den 17. August werfen wir einen Blick auf die wichtigsten, spannendsten und interessantesten Investments und Exits des Tages in der DACH-Region. Alle Deals der Vortage gibt es im großen und übersichtlichen #DealMonitor-A... |
17.08.2023 | Berlin-based Mercanis secures €9.1M to transform sourcing and purchasing efficiency | Read this article in: Berlin-based Mercanis, a company that offers AI-powered software for procurement and sourcing, announced on Thursday that it has secured $10M (approximately €9.16M) in a seed round of funding. The investment was led by... |
17.08.2023 | Mercanis Raises $10M in Seed Funding | Mercanis, a Berlin, Germany-based procurement suite solution that specializes in sourcing and supplier management, raised $10M in Seed funding. The round was led by Singals.VC, DI Technology, and Speedinvest, with participation from Dr. Ulr... |
17.08.2023 | Austrian Speedinvest co-leads €9.2M seed round for Berlin-based Mercanis | Austrian Speedinvest co-leads €9.2M seed round for Berlin-based Mercanis 17 August, 2023, 15:25 Mariia Denysiuk --> --> --> -->--> --> --> --> --> --> --> --> --> German startup Mercanis has receive... |
17.08.2023 | Berlin-based Mercanis raises €9.2 million to reshape how businesses approach the procurement process | - |
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