S
Sastrify
Helps finance and tech teams to optimize SaaS tools in digital-first companies
About Sastrify
Sastrify is a SaaS procurement and management platform designed to help businesses optimize their software spend and operational efficiency. Founded in 2020 by Sven Lackinger and Maximilian Messing, Sastrify serves a diverse range of clients, from startups to large enterprises, across various industries. The company operates in the SaaS (Software as a Service) market, providing tools and services that streamline the selection, purchase, management, and payment of SaaS products.
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Sastrify's business model revolves around a subscription-based service where clients pay for access to the platform and its features. The platform offers a comprehensive overview of all SaaS tools used by a company, actively reducing operational load and costs. This is achieved through features like SaaS budgeting, procurement software, and license management. The company also provides a contractual guarantee, ensuring that clients get the best possible deals on new subscriptions, renewals, or upgrades by comparing initial offers with final negotiated prices.
Sastrify makes money through subscription fees and potentially through savings-based incentives, where they take a percentage of the cost savings achieved for their clients. The platform is supported by a team of over 50 employees, known as Sastronauts, spread across 10 different countries, helping nearly 100 customers worldwide.
At a glance
- Status
- Acquired
- Founded
- 2020
- Headquarters
- Cologne, Germany
- Employees
- 45
- Open positions
- None listed
- Dealroom signal
- 60.9/100
- Industry
- Fintech, Enterprise Software
- Sub-industry
- Payments
- Sector
- Fintech, Procurement, CFO Tech, slush24, start2 group, German Accelerator, KoelnBusiness
- Business model
- SaaS
- Client focus
- b2b
- Investment activity
- 1 company, latest Nov 2023
- Capital deployed
- —
- Preferred round
- ACQUISITION
Latest news
Press, funding announcements and product moves mentioning Sastrify.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | May 2026 | $0 | — | Deel | ↗ |
| SERIES B✓Equity / VC | Nov 2023 | — | — | Reimann Investors | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Sastrify is 14K monthly website visits, up 79.5% over the last three months. Sastrify's team declined 30.8% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
TS Ventures
Discovery Ventures
CG Partners
HV Capital
Series A7 investors entered at this stage
FirstMark
Gokul Rajaram
Jeff Titterton
Simon Capital
Endeit Capital
TriplePoint Capital
Reimann Investors
Other known investors7 additional known investors
Deel
Christian Gaiser
German Accelerator
Stefan Jeschonnek
Tim Schumacher
Wittleben Fabian
XDECK
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Sastrify on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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