Announced
Completed
Financials
Sources
Tags
Digital Services
Private Equity
Cross Border
Private
Venture Capital
Completed
Minority
Acquisition
Single Bidder
Friendly
Germany
saas solutions
Synopsis
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.
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