Berlin, June 18, 2025 (GLOBE NEWSWIRE) -- * The company receives fresh capital from new investors Partech and AVP as well as from existing investors.

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Berlin, June 18, 2025 (GLOBE NEWSWIRE) -- * The company receives fresh capital from new investors Partech and AVP as well as from existing investors.

Berlin, June 18, 2025 (GLOBE NEWSWIRE) -- * The company receives fresh capital from new investors Partech and AVP as well as from existing investors.

GNW News: Mercanis secures over USD 20 million in Series A round

Berlin, June 18, 2025 (GLOBE NEWSWIRE) --
* The company receives fresh capital from new investors Partech and AVP
as well as from existing investors.
* Mercanis enables over 40% process cost savings and supports
Customers such as BASF Coatings, GASAG, Goldbeck, Wilson and Brose.
* The funds will be used for the further development of AI and the upcoming
Expansion plans, especially into the USA.
Berlin, June 11, 2025 - In its latest Series A financing round, the
Berlin-based start-up Mercanis, provider of Agentic AI-based
Procurement solutions, raised over $20 million. The round was
led by new investors Partech and AVP (AXA Venture Partners).
In addition, existing investors such as Signals.VC, Capmont
Technology and Speedinvest again. Well-known business angels such as Dr. Ulrich
Piepel, Dr. Marcell Vollmer, Mirko Novakovic (Instana & Dash0) and Victor
Jacobsson (Klarna co-founder) also reaffirmed their commitment to
Mercanis.
The fresh capital will be used to strengthen Mercanis’ leading position in
to further expand the Agentic-AI area and to promote international expansion
accelerate - especially with a view to market entry in the USA.
Fabian Heinrich, CEO and co-founder of Mercanis, explains:
?The trust that both long-standing and new investors have given us
is not only a strong confirmation of our mission, but
also a key driver for our continuous pursuit of excellence.
With this funding, we can further develop our AI solution and our
international expansion - especially into the USA. In times
geopolitical and economic uncertainty, our technology helps
Companies far beyond Germany, resilient procurement processes
to build, secure their supply chains and protect their profitability."
Next-generation procurement with AI power
Founded in 2020 by Fabian Heinrich and Moritz Weiermann, Mercanis pursues the
Aim to redesign procurement processes with its Agentic-AI Procurement Suite
think. The cloud-based platform combines purchasing, supplier management
and contract management in one solution. Intelligent agents take over
independently performs operational tasks, while AI continuously processes purchasing data
analyzed, savings potential identified, strategic decisions
improved and delivers measurable results - including over 40?%
Process cost savings, a 2.5-fold increase in efficiency and a 12-fold
Return on investment.
"Mercanis has transformed the way we manage suppliers and
Procurement projects have changed. What used to take days now takes
now only hours. Automation and transparency help us
to act faster and make better decisions - especially when we
dealing with multiple stakeholders. It is a must for every
Procurement team that wants to modernize," says Uwe Kreplin,
Purchasing Manager GASAG.
In addition to GASAG, customers include BASF-Coatings, Goldbeck,
Wilson and Brose.
Philippe Collombel, founding partner of Partech, says:
?In just a few years, Mercanis has established itself as a trusted partner for
multinational companies - with impressive traction in
Organizations that now spend billions of dollars on purchasing through
platform."
Magda Poslusny, Principal at Partech, adds:
?We are particularly impressed by the strength of the product and its ability to
To achieve user acceptance. By automating central
Procurement processes, Mercanis not only increases operational efficiency,
but also enables significant cost savings - for example through a
expanded supplier base. We are convinced that Mercanis is on the best
way is to become a category-leading provider in the procurement sector."
About Mercanis:
Mercanis (https://www.mercanis.com/) offers an Agentic-AI Procurement Suite,
which covers the entire procurement process - from supplier selection to
to sign the contract. The solution comprises four central modules: Spend
Analytics, Sourcing and Request for Quotation (RFx), Supplier Relationship Management (SRM) and
Contract management. With the integrated Mercu AI Co-Pilot, recurring
Tasks such as supplier search, risk assessment, intake management and
Offer comparisons are automated - leading to significant increases in efficiency and
over 40% process cost savings. Founded in 2020 by Fabian Heinrich and
Moritz Weiermann, Mercanis supports well-known customers such as BASF-Coatings, GASAG,
Goldbeck, Wilson and Brose in the digitalization of their purchasing processes.
The company is based in Berlin and currently employs over 40
employees.
About Partech:
Partech (https://partechpartners.com/) is an international tech-
Investment company headquartered in Paris and with offices in Berlin, Dakar, Dubai,
Nairobi and San Francisco. Partech combines capital, operational experience and
strategic support to support entrepreneurs from seed to
growth phase. Founded 40 years ago in San Francisco,
Partech today has assets under management of 2.5 billion euros and
manages a current portfolio of 220 companies in 40 countries on 4
continents.
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