akirolabs is an award-winning AI-powered platform designed to elevate procurement from a tactical function to a strategic business partner orchestrating value chains. Our cutting-edge solution enables the self-sufficient development of procurement strategies, providing a ready-to-use framework that organizations can adapt to their unique needs and contexts. Our comprehensive category strategy management solution brings traditional category management to new heights by leveraging AI, fostering extended collaboration, and utilizing data from multiple sources and extending it beyond category taxonomy. With a purpose-driven focus, akirolabs emphasizes purpose and meaning, addressing the numerous ESG-related challenges organizations face and helping procurement earn recognition as more than just a cost killer. Having won many prestigious awards and recognitions, akirolabs is a recognized leader in AI-driven procurement technology landscape. Some of our accolades include being shortlisted for the prestigious World Procurement Awards 2023 in the Procurement Technology Provider category, being named as one of the top 10 procure tech startups in the Digital Procurement world in 2022, and receiving the title of Gartner Cool Vendor 2022™ in Sourcing and Procurement Technology.
Location: Germany, Berlin
Employees: 11-50
Total raised: $10M
Founded date: 2021
Founders name: Tim Ergenzinger; Christoph Flöthmann; Detlef Schultz; Michael Pleuger
Investors 3
| Date | Name | Website |
| - | Serpentine... | serpentine... |
| - | D11Z.Ventu... | d11z.com |
| 30.01.2024 | High-Tech ... | htgf.de |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 25.07.2024 | Seed | $5M | - |
| 29.01.2024 | Seed | $5M | - |
Persons 7
| Date | First Name | Last Name | Title | Location | |||
| - | Tim | Ergenzinge... | Co-Founder... | linkedin.c... | - | t*m@akirol... | - |
| - | Christoph | Flöthmann | Co-Founder... | linkedin.c... | - | c*******h@... | - |
| - | Detlef | Schultz | Co-Founder... | linkedin.c... | - | d*********... | - |
| - | Kanti | Prabha | Advisor | linkedin.c... | - | k*********... | - |
| - | Christian | Herdelt | Director o... | linkedin.c... | - | c*********... | - |
| - | Michael | Pleuger | Co-Founder... | linkedin.c... | - | m*********... | - |
| - | Aman | Sadique | - | linkedin.c... | - | a*********... | - |
Mentions in press and media 14
| Date | Title | Description |
| 27.07.2024 | The New Wave of Procurement: Leadership and Innovation in Focus | In the bustling world of procurement technology, change is the only constant. Companies are racing to adapt, innovate, and lead. Recent developments at ORO Labs and akirolabs illustrate this dynamic landscape. These firms are not just parti... |
| 25.07.2024 | akirolabs: ProcureTech Company Extends $5 Million Seed Round With 7-Digit Grant | akirolabs – a Berlin-based ProcureTech company enabling enterprises worldwide to augment strategic procurement processes – announced an extension to its recent $5 million seed funding with an additional 7-digit non-dilutive grant from Inves... |
| 23.07.2024 | akirolabs Secures 7-Digit Grant | akirolabs, a Berlin, Germany-based ProcureTech startup enabling enterprises worldwide to augment strategic procurement processes, raised 7-Digit non-dilutive grant from Investitionsbank Berlin and the European Regional Development Fund (ERD... |
| 22.04.2024 | 14 aufstrebende Startups, die mehr Menschen kennen sollten | Auch in der derzeitigen Krisensituation sammeln noch immer etliche Startups, Scaleups und Grownups zweistellige oder gar dreistellige Millionensummen ein. Gleichzeitig gelingt es aber auch vielen jüngeren Firmen erste mittlere siebenstellig... |
| 27.02.2024 | akirolabs begrüßt Jens Rassloff als Vorsitzenden des Beirats | Jens Rassloff - Chairman of Advisory Board, akirolabs akirolabs Logo akirolabs bereitet sich mit Jens Rassloff als neuem Beiratsvorsitzenden auf eine rasche Expansion vor, nachdem das Unternehmen 5 Mio. $ erhalten hat. Jens' unternehmerisch... |
| 27.02.2024 | akirolabs welcomes Jens Rassloff as Chairman of its Advisory Board | Jens Rassloff - Chairman of Advisory Board, akirolabs akirolabs Logo akirolabs gears up for rapid expansion with Jens Rassloff as new Advisory Board Chair after securing $5M. Jens’ entrepreneurial spirit, business acumen and vast internatio... |
| 29.01.2024 | Procuretech startup akirolabs raises $5M Seed funding | Today akirolabs, a Berlin-based procuretech startup, announced that it has raised $5 million in its recent Seed funding round. The company offers an AI-powered strategic procurement SaaS solution, enabling its customers to unlock and achiev... |
| 29.01.2024 | akirolabs Raises $5M in Seed Funding | akirolabs, a Berlin, Germany-based ProcureTech startup for strategic procurement processes, raised $5M in Seed funding. The round was led by HTGF, OTB Ventures and D11Z, with participation from Fredrick Spalcke, Heiko Schwarz, Markus Ehrle,... |
| 29.01.2024 | Berlin-based akirolabs secures €4.6M to elevate its AI-powered procurement platform | Read this article in: Berlin-based akirolabs, a SaaS platform for collaborative strategic procurement, announced that it has raised $5M (approximately €4.61M) in a seed round of funding. The funds will be directed towards advancing akirolab... |
| 29.01.2024 | CarbonPool sammelt 12 Millionen ein – akirolabs bekommt 5 Millionen – 42Cap investiert in Unnbound | Im #DealMonitor für den 29. Januar 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... |
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