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Lhotse logo — AI-Powered Solutions for a Smarter Procurement Experience.

Lhotse

AI-Powered Solutions for a Smarter Procurement Experience.

Founded 2020 Germany Berlin, Germany 10 employees Total: $5.00M Enterprise Software, Information Technology

General Information

Company Name Lhotse
Founded Year 2020
Location Germany Berlin, Germany
Employees 10
Industries Enterprise Software, Information Technology
Social

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About Lhotse

Lhotse is an AI-powered plug-in innovatively designed to provide a smarter procurement experience within the ERP system. It acts as a virtual assistant, offering instant AI-driven support throughout the procurement journey, ensuring unparalleled efficiency while maintaining a familiar interface. The company was founded in 2020 and is based in Germany. Lhotse recently secured a €5.00M Seed Round investment on 13 September 2021, with participation from notable investors including Cavalry Ventures, Paua Ventures, Katharina Gehra, Christopher Oster, Felix Jahn, Patrick Andrae, and Philipp Kloeckner. The company's slogan, "AI-Powered Solutions for a Smarter Procurement Experience," emphasizes its focus on leveraging AI to enhance procurement processes. With its user-friendly nature and quick installation, Lhotse aims to become a pivotal solution in the enterprise software and information technology space. For those interested in learning more, Lhotse can be reached at [email protected].

Business keywords: AI plug-in, Virtual procurement assistant, SAP Ariba integration, Cost optimization, Digital procurement, Tactical spend, Tech startup, Cloud-based solution, Berlin, Germany, Indirect spend management

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Early VC $5.00M 7
Andra Capital, SquareOne +5
01 Sep 2021

Lhotse Alternatives & Competitors

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Lhotse vs
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Lhotse vs
Procol
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Bildia
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FAQ About Lhotse

AI-Powered Solutions for a Smarter Procurement Experience.
Lhotse was founded in 2020.
Lhotse is headquartered in Berlin, Germany.
Lhotse operates in Enterprise Software and Information Technology. Its work centres on AI plug-in, Virtual procurement assistant, SAP Ariba integration and Cost optimization.
Lhotse has approximately 10 employees.
Lhotse has completed 1 funding round, raising a total of $5.00M.
Top alternatives and competitors to Lhotse include Binadox, Inc., Procol, Bildia, Amnic, CloudEagle.ai. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Lhotse and Binadox, Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Lhotse, https://bouncewatch.com/company/lhotse, updated 28 May 2026. When citing, please name BounceWatch and link this page.

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