Elevatry has raised €3m in pre-seed funding from Bayern Kapital, the consultancy H&Z and a group of business angels. The Munich-based company builds an AI platform for strategic procurement.
Evertrace spotted Heiko Schwarz, co-founder of Elevatry, 41 days before the funding announcement.
Before the round
| Evertrace detected the signal | 5 September 2026 |
|---|---|
| Funding announced | 16 October 2026 |
| Time before the announcement | 41 days |
On 5 September 2026, Evertrace detected the first signal of company formation for Heiko Schwarz. That was 41 days before Elevatry's funding announcement.
Heiko Schwarz previously founded the supply chain risk company riskmethods, which Sphera acquired. Elevatry's other co-founders are Christian Ruck and Tizian Ruck.
What they’re building
Strategic procurement teams spend much of their time on analysis before they can negotiate. Elevatry's AI Companions analyse purchasing data, find savings potential and prepare negotiations and sourcing decisions.
The purchasing team keeps the final decision. Elevatry starts with the DACH region and the EU, and plans to expand to North America later.
The round
Bayern Kapital and H&Z invested in the €3m pre-seed round, together with a group of business angels. Elevatry will use the funding for more AI Companions, engineering, marketing and customer support, and to enter the market in DACH and the EU.
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