← 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

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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

4 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

Spend / AP

in the full report

Treasury

in the full report

Accounting gap: minor

3 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.

Sastrify — frequently asked

Which accounting software does Sastrify integrate with?

Sastrify integrates with NetSuite.

What is Sastrify's embedded finance stack?

The Embedded Finance Index 2026 maps 4 layers in Sastrify's stack: Lending (Save Now, Pay Later (SaaS subscription financing) and Annual/multi-year SaaS license installment financing); Accounting (NetSuite); Spend / AP (Pleo); Treasury (Brex Treasury).

Who founded Sastrify?

Sastrify was founded by Sven Lackinger and Maximilian Messing and is founded in 2020, headquartered in Cologne, Germany.

How much funding has Sastrify raised?

Sastrify has raised $32M in total (latest round: Series B, 2023).

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