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Matchory secures €6M
January 22, 2025·2 min read

Joy Laoun

News Editor, Vestbee

German strategic sourcing software Matchory secures €6M seed-extension round

German startup Matchory, known for its automated supplier discovery and sourcing solution, has raised €6 million in a seed-extension funding round led by Capmont to support its global expansion and further enhance its supplier database.

  • Founded in 2019 by Aiko Wiegand, Martin Konradi, and Nils Liskien, Matchory offers a cloud-based supplier search engine that collects and processes global supplier data. 
  • The platform compiles a unique supplier database using mainly public data, including website information, certifications, sustainability details, company KPIs, and customer relationships.
  • Matchory’s database now includes over 14 million supplier profiles, covering more than 98% of the key manufacturers in the global market. The software is trusted by leading companies such as DMG Mori, Tesa, Bosch, and Jungheinrich.

Details of the deal

  • The investment was led by Capmont, a Munich-based firm focused on Europe and specializing in Private Equity and Technology. Existing investor Earlybird-X, along with private investors from industry and purchasing, also joined the round.

"We are convinced that Matchory and its solution are on the market at the right time to meet the key needs of global companies and ensure reliable supply chains. We are pleased to be part of this exciting development," claims Dr. Matthias Roth, Partner at Capmont.

  • The startup plans to use the funds to support its international expansion and further enhance its software-as-a-service (SaaS) solution by integrating new data sources and introducing additional features.
Deals#News#Germany

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