Qorelo raises $3.5M seed to automate SAP migrations

What's the deal? QoreloDealroom has a profile for this one. Try Dealroom →, a startup automating SAP system migrations, has raised $3.5M in a seed round led by HPI VenturesDealroom has a profile for this one. Try Dealroom →. The German company already counts Mercedes-Benz among its customers.

Why now? Thousands of enterprises worldwide face a looming deadline to migrate from older SAP systems to SAP S/4HANA. These migrations are notoriously complex, expensive, and time-consuming — creating a ripe market for automation tools that can cut costs and reduce risk.

What could go wrong? SAP's own ecosystem is crowded with consultancies and tooling providers that have deep client relationships. Convincing large enterprises to trust a young startup with mission-critical system migrations is a steep challenge, even with a marquee early customer like Mercedes-Benz.

The signal: HPI Ventures, an investment fund backing Qorelo at the early stage, is betting that AI agents — not traditional consulting engagements — will become the default delivery model for complex enterprise software projects. With SAP's end-of-support deadline driving thousands of forced migrations, the window for automation-first entrants to displace incumbent consultancies is narrow but substantial.

Read more: Tech Funding News