← Embedded Finance Index 2026

Sastrify

“Can a SaaS procurement platform become the AI-powered operating system for enterprise software spend management by combining visibility, benchmarking, and embedded financing?”

Founded2020
HQCologne, Germany
FoundersSven Lackinger, Maximilian Messing
Total raised$32M
Latest roundSeries B, 2023
IndustryVertical SaaS / Spend Management
The story

Sastrify launched in 2020 as a SaaS procurement platform helping companies buy and manage third-party software subscriptions. It quickly became cash-flow positive by focusing on cost savings and benchmarking for digital-first companies. By 2022 it had embedded a financing layer via a Capchase partnership, adding a 'Save Now, Pay Later' program so customers could defer SaaS license costs. By 2024, the product evolved into an AI co-pilot for software management, adding automated discovery via IdP, browser, and ERP integrations, positioning it as the operating system for enterprise SaaS spend.

Last 12 months
—
Product timeline
2020
Sastrify (formerly Sastrix) founded in June 2020 in Cologne, Germany, launching a SaaS procurement and management platform targeting digital-first companies.· pivot
2021
Raised $7M seed round led by HV Capital; platform covers 20,000+ SaaS solutions and reaches cash-flow positive within months of launch.· banking
2022
Launched 'Save Now, Pay Later' financing program in partnership with Capchase, enabling customers to finance SaaS subscriptions via installment payments.· lending
2023
Raised $32M Series B led by Endeit Capital, split between equity and debt, to scale US and European teams and build new AI-powered product features.· acquisition
2024
Evolved product into an AI co-pilot for software management, adding Contract AI, IdP discovery, HRIS integration, and automated renewal workflows.· pivot
The stack
2 layers disclosed in Sastrify’s embedded-finance stack
Lending
Save Now, Pay Later (SaaS subscription financing)Annual/multi-year SaaS license installment financing
Accounting
in the full report
Accounting gap: minor
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.