Sastrify closes financing round

The start-up was able to raise seven million US dollars. HV Capital leads the round of the Cologne-based company.

The start-up Sastrify makes it possible to get an overview of the software licenses of the employees in the company. Now the Cologne-based company has raised seven million US dollars in its seed funding round. HV Capital is leading the round, with the founders of Personio, Sumup and Flixmobility also joining in.

"Sastrify's amazing growth underscores the great value for customers that the team has already created," says HV Capital partner Jasper Masemann. The startup plans to use the money to further develop its product and acquire new customers.

The team around founders Maximilian Messing and Sven Lackinger currently consists of 30 employees and is expected to grow to 50 to 60 employees by the end of the year, they told the Rheinische Post said. Sastrify was founded in 2020 under the name Sastrix and today counts companies such as Gorillas and Sennder among its customers.