When was Sastrify founded?

Sastrify was founded in 2020 and raised its 1st funding round within a year of its incorporation.

Where is Sastrify located?

Sastrify is headquartered in Cologne, Germany.

Who is the current CEO of Sastrify?

Sven Lackinger of Sastrify. They have also founded 1 company.

Which legal entities is Sastrify associated with?

Sastrify is associated with Sastrify GmbH and 3 others.

How many employees does Sastrify have?

As of Sep 30, 2026, the latest employee count at Sastrify is 35.

Is Sastrify a funded company?

Sastrify is a funded company, having raised a total of $45.3M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 23, 2020.

When was the latest funding round of Sastrify?

Sastrify's latest funding was a $***** Series B round on Dec 07, 2023, with participation from 1 investor.

Where does Sastrify rank among its competitors?

Sastrify ranks 8th amongst 141 active competitors, of which 30 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Archera, which secured $15M in Jul, 2026.

Who are the top competitors of Sastrify?

Sastrify's top competitors include Zluri, Spendflo and Zylo. Among them, Archera secured the most recent funding round in July, 2026.

Sastrify - 2026 Company Profile, Team, Funding, Competitors & Financials

Sastrify is an acquired company based in Cologne (Germany), founded in 2020 by Maximilian Messing and Sven Lackinger. It operates as an AI-powered platform designed for IT teams to manage software. Sastrify has raised $45.3M in funding from investors like Endeit Capital, FirstMark and Reimann Investors. The company has 141 active competitors, including 30 funded and 20 that have exited. Its top competitors include companies like Zluri, Spendflo and Zylo.

Company Details

AI-powered platform designed for IT teams to manage software. The solutions help in managing procurement spending and planning renewals and negotiations, assessing risks, and automating documentation. Its features include automated supplier negotiation, contract management, customized tag filters, document activities, and more.

Website: www.sastrify.com/
Social
Email ID: *****@sastrify.com

Key Metrics

Founded Year

2020

Location

Cologne, Germany

Stage

Acquired

Total Funding

$45.3M in 6 rounds

Latest Funding Round

Series B, Dec 07, 2023, $*****

Investors

Endeit Capital & 32 more

Ranked

8^th among 141 active competitors

Employee Count

35 as on Sep 30, 2026

Investment & Acquisitions

Pengu

Similar Companies

Zluri & 71 more

Exit Details

Acquired by Deel (May 06, 2026)

View Sastrify's full profile

Sastrify is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Sastrify GmbH CIN: R3306_HRB102066 , Germany, Active	Jun 22, 2020	-	-
SASTRIFY INC. CIN: 6661999 , United States, Active	Dec 05, 2022	-	-	-
Sastrify GmbH CIN: HRB102066 , South Korea, Active	Jun 21, 2020	-	55 (As on Dec 31, 2024)	-
Sastrify GmbH CIN: HRB102066 , Germany, Active	Jun 21, 2020	-	-

Sastrify got acquired by Deel on May 06, 2026.

Click here to take a look at Sastrify's acquisition in detail

Sastrify has raised a total funding of $45.3M over 6 rounds. Its first funding round was on Nov 23, 2020. Its latest funding round was a Series B round on Dec 07, 2023 for $*****. 1 investor participated in its latest round. Sastrify has 15 institutional investors and 18 angel investors.

Here is the list of recent funding rounds of Sastrify:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 07, 2023	2508636	Series B	7676875	1817409	1458441	8034955
May 24, 2023	4118015	Conventional Debt	5755231	4183949	9425767	Endeit Capital & 4 more
May 24, 2023	3852922	Series B	4215461	8354015	Endeit Capital	Simon Capital & 3 more

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View details of Sastrify's funding rounds and investors

The founders of Sastrify are Maximilian Messing and Sven Lackinger. Sven Lackinger is the CEO of Sastrify.

Here are the details of Sastrify's key team members:

Maximilian Messing: Co-Founder & CTO of Sastrify. They serve on the board of 1 company.
Contact Info: 1 email address
Sven Lackinger: Co-Founder & CEO of Sastrify. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Sastrify's Board of Directors

Sastrify's board has 2 active members. Maximilian Messing and Sven Lackinger are part of team.

Here is the list of Sastrify's board of directors:

Name	Type	Representing	Status	Duration
Maximilian Messing	Team	-	Current	6y 4m
Sven Lackinger	Team	-	Current	6y 4m

View details of Sastrify's Founder profiles and Board Members

Sastrify's employee count trend

Sastrify has 35 employees as of Sep 26. Here is Sastrify's employee count trend over the years:

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Top competitors of Sastrify include Zluri, Spendflo and Zylo. Here is the list of Top 10 competitors of Sastrify, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Zluri 2020, San Francisco (United States), Acquired	Provider of SaaS management, access management, and access review solutions	$32.5M	Endiya Partners, Kalaari Capital & 31 others	72/100
2nd	Spendflo 2020, San Francisco (United States), Series A	AI-native procurement platform for managing SaaS and vendors	$15.4M	Accel, Prosus & 8 others	70/100
3rd	Zylo 2015, Indianapolis (United States), Series C	Platform offering SaaS applications management solutions	$72.5M	High Alpha, MassMutual Ventures & 16 others	69/100
4th	Archera 2019, Bellevue (United States), Series C	Provider of cloud commitment lifecycle management platform and FinOps products	$42.4M	Pivot Investment Partners, Ridge Ventures ... & 7 others	65/100
5th	CloudEagle.ai 2021, Palo Alto (United States), Seed	Provider of an AI-powered governance and management platform for SaaS applications and identity security	$500K	Y Combinator, Dragon Capital & 6 others	65/100
6th	Vendr 2018, Boston (United States), Acquired	Provider of software pricing data and negotiation insights for buyers	$216M	Craft Ventures, SoftBank Vision Fund & 15 others	63/100
7th	FinQuery 2011, Atlanta (United States), Acquired	Cloud-based lease accounting and management software	$65.5M	Periphas Capital, Y Combinator & 6 others	61/100
8th	Sastrify 2020, Cologne (Germany), Acquired	AI-powered platform designed for IT teams to manage software	$45.3M	TriplePoint Capital, HV Capital & 31 others	61/100
9th	Torii 2017, Ra anana (Israel), Acquired	Platform to manage SaaS applications of an enterprise	$65M	Wing Venture Capital, Uncork Capital & 6 others	61/100
10th	CoreView 2014, Milan (Italy), Series B	Cloud based software asset management software provider	$30M	Insight Partners, Techstars	61/100