Mercanis, a Berlin-based startup specializing in Agentic-AI procurement solutions, announced on June 18, 2025, that it has secured over $20 million in its Series A funding round. Led by new investors Partech and AVP, with participation from existing investors Signals.VC, Capmont Technology, and Speedinvest, as well as business angels like Dr. Ulrich Piepel and Victor Jacobsson, the funds will fuel Mercanis’ international expansion, particularly into the U.S., and enhance its AI-driven procurement platform.
Mercanis raises over $20M in Series A funding on June 18, 2025.
Led by Partech and AVP, with Signals.VC, Capmont, and Speedinvest.
Funds to expand Agentic-AI platform and enter U.S. market.
Clients include BASF-Coatings, GASAG, Goldbeck, Wilson, and Brose.
Platform delivers 40% cost savings, 2.5x efficiency, 12x ROI.
Founded in 2020 by Fabian Heinrich and Moritz Weiermann.
The $20M Series A round strengthens Mercanis’ position in the procurement tech market, enabling further development of its Agentic-AI Procurement Suite and global expansion. Fabian Heinrich, CEO and Co-Founder, stated, “With this funding, we can expand our AI solution and accelerate our international expansion – particularly into the U.S.” The investment reflects confidence in Mercanis’ ability to address supply chain challenges amid geopolitical and economic uncertainty.
Founded in 2020 by Fabian Heinrich and Moritz Weiermann, Mercanis’ cloud-based platform integrates spend analytics, sourcing, supplier management, and contract management. Its Mercu AI Co-Pilot automates tasks like supplier discovery and risk detection, delivering over 40% process cost savings and a 2.5x efficiency boost. Uwe Kreplin, Head of Procurement at GASAG, noted, “What used to take days now takes only hours. The automation and transparency help us act faster and make better decisions.”
Mercanis serves multinational clients like BASF-Coatings, GASAG, Goldbeck, Wilson, and Brose, with organizations procuring billions through the platform. Philippe Collombel, Founding Partner at Partech, highlighted, “Mercanis has established itself as a trusted partner to multinational firms, with impressive traction.” The platform’s ability to drive adoption at scale and achieve a 12x ROI positions it as a leader in procurement modernization.
While competitors like Coupa and Ivalua dominate procurement software, Mercanis’ focus on Agentic-AI and dynamic supplier engagement offers a unique edge. The global procurement software market, valued at $10.3 billion in 2023, is projected to reach $17.5 billion by 2030, driven by AI and cloud technologies. Mercanis’ early-mover advantage in AI-driven risk analysis and supplier management supports its U.S. market entry strategy.
The funding will enhance Mercanis’ AI capabilities, including real-time risk analysis and supplier performance metrics, while supporting U.S. expansion through localized sales teams and ERP partnerships. With a reported 40%+ annual growth trajectory, Mercanis is poised for a potential Series B or strategic acquisition within 18–24 months, with an estimated valuation of $100–150 million.
Mercanis’ Series A funding, announced on June 18, 2025, underscores the transformative role of AI in supply chain management. By delivering efficiency, resilience, and cost savings, Mercanis is set to redefine procurement for global enterprises, with its U.S. expansion marking a pivotal growth phase.
Mercanis offers an Agentic-Ai Procurement Suite that covers the entire procurement process – from supplier selection to contract signing. The solution includes four key modules: Spend Analytics, Sourcing & Request Processes (RFx), Supplier Management (SRM), and Contract Management. With the integrated Mercu AI Co-Pilot, repetitive tasks like supplier discovery, risk detection, intake management and offer comparison are automated, leading to significant efficiency improvements and over 40% process savings. Founded in 2020 by Fabian Heinrich and Moritz Weiermann, Mercanis supports prominent clients like BASF-Coatings, GASAG, Goldbeck, Wilson, and Brose in digitizing their procurement processes. The company is based in Berlin and currently employs over 40 people.
Partech is a global tech investment firm headquartered in Paris, with offices in Berlin, Dakar, Dubai, Nairobi, and San Francisco. Partech brings together capital, operational experience, and strategic support to back entrepreneurs from seed to growth stage. Born in San Francisco 40 years ago, today Partech manages €2.5B AUM and a current portfolio of 220 companies, spread across 40 countries and 4 continents.
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