.
MergerLinks Header Logo

New Deal


Announced

Completed

FirstMark Capital led a $15m Series A funding round in Sastrify.

Financials

Edit Data
Transaction Value£11m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Digital Services

Private Equity

Cross Border

Private

Venture Capital

Completed

Minority

Acquisition

Single Bidder

Friendly

Germany

saas solutions

Synopsis

Edit

FirstMark Capital, a venture capital firm, led a $15m Series A funding round in Sastrify, a virtual Software-as-a-Service procurement service provider. “Companies are wasting billions of dollars and some of their most valuable employee time trying to discover, curate, and procure their technology, and Sastrify is tackling this problem by giving the power back to procurement teams through data and automation. Ultimately, we see the emergence of a modern, network-enabled, software purchasing stack with Sastrify at its core,” Adam Nelson, FirstMark Managing Director.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US