Mercanis - About the company
Mercanis is a series A company based in Berlin (Germany), founded in 2020 by Fabian Heinrich, Juan Vidal, Satya Kamal Raparthi and Moritz Weiermann. It operates as a Provider of an AI procurement platform with autonomous agent deployment. Mercanis has raised $29.9M in funding from investors like Speedinvest, AVP and Signals Venture Capital. The company has 697 active competitors, including 99 funded and 86 that have exited. Its top competitors include companies like Coupa, Zaggle and Procurify.
Company Details
Provider of an AI procurement platform with autonomous agent deployment. The platform offers solutions for sourcing, supplier management, contract lifecycle management, and risk mitigation. It provides features such as intelligent purchase request routing, vendor performance tracking, and real-time supply chain risk monitoring. The platform also offers AI-driven procurement insights and reporting, along with automated coordination across procurement workflows.
- Website
- www.mercanis.com/
- Email ID
- *****@mercanis.com
Key Metrics
Founded Year
2020
Location
Berlin, Germany
Stage
Series A
Total Funding
$29.9M in 3 rounds
Latest Funding Round
Investors
Ranked
24th among 697 active competitors
Employee Count
83 as on Aug 31, 2026
Legal entities associated with Mercanis
Mercanis is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
CdC3 GmbH CIN: HRB221095 , Vanuatu, Active | Sep 13, 2020 | - | - | - |
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Mercanis's funding and investors
Mercanis has raised a total funding of $29.9M over 3 rounds. Its first funding round was on Jan 10, 2021. Its latest funding round was a Series A round on Jun 19, 2025 for $*****. 6 investors participated in its latest round. Mercanis has 11 institutional investors and 12 angel investors.
Here is the list of recent funding rounds of Mercanis:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 19, 2025 | 1341367 | Series A | 5728573 | 1422512 | 2914803 | 8582170 |
Aug 17, 2023 | 2375801 | Seed | 4905064 | 5046925 | 1223761 | |
Jan 10, 2021 | 5604620 | Seed | 5272628 | 6765916 |
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Mercanis' founders and board of directors
Founder? Claim ProfileThe founders of Mercanis are Fabian Heinrich, Juan Vidal, Satya Kamal Raparthi and Moritz Weiermann. Fabian Heinrich is the CEO of Mercanis.
Here are the details of Mercanis' key team members:
- Fabian Heinrich: CEO & Co-Founder of Mercanis and founder of 2 other companies, PLVY and Scoutbee. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 phone number
- Juan Vidal: Co-Founder of Mercanis. Contact Info: 1 phone number
- Satya Kamal Raparthi: Co-Founder of Mercanis.
- Moritz Weiermann: Co-Founder & COO of Mercanis.
View details of Mercanis's Founder profiles and Board Members
Mercanis' employee count trend
Mercanis has 83 employees as of Aug 26. Here is Mercanis's employee count trend over the years:
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Mercanis's Competitors and alternates
Top competitors of Mercanis include Coupa, Zaggle and Procurify. Here is the list of Top 10 competitors of Mercanis, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Coupa 2006, San Mateo (United States), Acquired | Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend | $169M | 85/100 | |
2nd | Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows | $13.7M | 80/100 | ||
3rd | Developer of procurement software for managing organizational spend and workflows | $82.5M | 73/100 | ||
4th | Airbase 2017, San Francisco (United States), Acquired | Provider of a platform integrating human resources, finance, and information technology | $91M | 72/100 | |
5th | GEP 1999, Clark (United States), Unfunded | Cloud-based procurement-to-pay solutions | - | - | 69/100 |
6th | SAP Ariba 1996, Palo Alto (United States), Acquired | E-procurement, invoicing, and B2B collaboration software for businesses | - | 68/100 | |
7th | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | $307M | 68/100 | ||
8th | PayEm 2019, San Francisco (United States), Series A | SaaS-based expense management solutions for corporate organisations | $47M | 65/100 | |
9th | _1560846211130.png?devicePixelRatio=2&height=30&width=30){kind=logo} SkySelect 2011, San Francisco (United States), Series A | Provider of an AI-powered platform for aircraft parts procurement and sourcing | $9M | 64/100 | |
10th | Ivalua 2000, Redwood City (United States), Series B | Developer of software for procurement spend and supplier management processes | $134M | 64/100 | |
24th | Provider of an AI procurement platform with autonomous agent deployment | $29.9M | 56/100 |
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Mercanis's Investments and acquisitions
Mercanis has made no investments or acquisitions yet.
Reports related to Mercanis
Here is the latest report on Mercanis's sector:
News related to Mercanis
Media has covered Mercanis for a total of 3 events in the last 1 year.
•
Frost & Sullivan Recognizes Mercanis with 2025 European Agentic AI Product Leadership AwardCNW•Jan 26, 2026•Mercanis
•
Monq secures £2.28 million Pre-Seed Investment led by Outward VCUK Tech Investment News•Nov 26, 2025•Outward, MONQ, Ennovi, Mercanis and 3 others
•
Procure AI nets $13M to target costly supply chain inefficiencies with AITech Funding News•Nov 26, 2025•Procure AI, Petit Collage, Executive Career Brand, Summa Health and 10 others
•
Capmont raises €100M for early-stage B2B startupsTech.eu•Sep 19, 2024•Capmont, Nordic Capital, Celus Engineering, Mercanis
•
Mercanis Raises $10M in Seed Funding RoundStartbase•Aug 17, 2023•Signals Venture Capital, Mercanis, Capmont, Speedinvest
•
Berlin-based Mercanis raises $10M for AI-powered procurement platformTech.eu•Aug 17, 2023•Mercanis, Signals Venture Capital, Capmont, Speedinvest and 2 others
•
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