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Mercanis logo — The AI Procurement Platform

Mercanis

The AI Procurement Platform

Founded 2020 Germany Berlin, Germany 84 employees Pre-Seed Total: $29.50M Enterprise Software

General Information

Company Name Mercanis
Founded Year 2020
Location Germany Berlin, Germany
Employees 84
Industries Enterprise Software
Funding Stage Pre-Seed
Social

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About Mercanis

Mercanis is a German enterprise software startup founded in 2020, specializing in S2C (Source-to-Contract) procurement solutions. The company's holistic suite encompasses sourcing (RFx), supplier management (SRM) incl. LkSG (German Supply Chain Act), contract management, and spend analysis, accentuated by innovative features leveraging generative AI. Notably, Mercanis emphasizes fast implementation, an intuitive user experience, and significant cost savings through AI, digitalization, and automation. Recognized as a Gartner® Cool Vendor™, it has secured prominent clients such as GASAG, Senger, Frutiger, and Wilson. Backed by substantial funding of over €10 million from investors including Speedinvest, Signals Venture Capital, and Capmont, Mercanis is poised to further solidify its position in the market. The latest injection of €9.20M in seed round investment occurred on 17 August 2023.

Business keywords: Procurement Suite, S2C, Source-to-Contract, AI-driven Technology, Supplier Management, Contract Management, Spend Analysis, Digitalization, Gartner Cool Vendor, Investment, IT Services, Vendor Management

Services & Products

AI-powered procurement platform
Sourcing automation
Supplier management
Contract management
Spend analysis

Target Customers

Procurement professionals Supply chain managers Business users

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Pre-Seed €3.00M 7
Octopus Ventures, Portfolio Ventures +5
26 Nov 2025
Series A €17.30M 9
Speedinvest, Partech +7
18 Jun 2025
Seed Round €9.20M 7
Speedinvest, Signals Venture Capital +5
17 Aug 2023
Convertible Note Undisclosed 1
Plug and Play
01 Apr 2022
Seed Round Undisclosed 2
Lee Galbraith, Jörg Gerbig
10 Jan 2021

Mercanis Alternatives & Competitors

View All Alternatives
Mercanis vs
Market Dojo
Market Dojo United Kingdom

Sourcing and Supplier Performance Solutions On-demand

44 employees
Enterprise Software
Mercanis vs
penny.
penny. Saudi Arabia

Procurement Solved.

Seed
65 employees
Analytics, Automation
Mercanis vs
JAGGAER
JAGGAER United States

Autonomous Commerce

Private Equity
1445 employees
Enterprise Software, Information Technology

FAQ About Mercanis

The AI Procurement Platform
Mercanis was founded in 2020.
Mercanis is headquartered in Berlin, Germany.
Mercanis operates in Enterprise Software. Its work centres on Procurement Suite, S2C, Source-to-Contract and AI-driven Technology. Its customers include Procurement professionals, Supply chain managers and Business users.
Mercanis has approximately 84 employees.
Mercanis has completed 5 funding rounds, raising a total of $29.50M. The latest funding stage is Pre-Seed.
Mercanis offers: AI-powered procurement platform, Sourcing automation, Supplier management, Contract management, Spend analysis.
Top alternatives and competitors to Mercanis include Market Dojo, penny., JAGGAER, Zycus, Procure Ai. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Mercanis and Market Dojo 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 Mercanis, https://bouncewatch.com/company/mercanis, updated 25 September 2026. When citing, please name BounceWatch and link this page.

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