mysupply
mysupply is a company that offers an AI-powered all-in-one platform for automated sourcing and procurement optimization. Their solution reduces operational procurement effort by 50%, increases negotiation savings by 8% or more, and improves EBITDA. The platform supports the entire procurement process from request management to automated sourcing and negotiations, differentiating itself from fragmented solutions by providing a seamless end-to-end experience. It integrates with existing procurement systems like SAP Ariba and S4HANA, enhancing them with AI-driven automation and negotiation capabilities. The company operates from multiple locations with a team focused on delivering autonomous sourcing to enable procurement professionals to focus on strategic goods and services.
mysupply
mysupply is a company that offers an AI-powered all-in-one platform for automated sourcing and procurement optimization. Their solution reduces operational procurement effort by 50%, increases negotiation savings by 8% or more, and improves EBITDA. The platform supports the entire procurement process from request management to automated sourcing and negotiations, differentiating itself from fragmented solutions by providing a seamless end-to-end experience. It integrates with existing procurement systems like SAP Ariba and S4HANA, enhancing them with AI-driven automation and negotiation capabilities. The company operates from multiple locations with a team focused on delivering autonomous sourcing to enable procurement professionals to focus on strategic goods and services.
TL;DR
What they do: AI-powered autonomous sourcing and procurement SaaS
Founded / HQ: Circa 2020; Hamburg, Germany
Team size: Approximately 15 employees
Integration focus: Integrates with ERP/procurement systems including SAP Ariba and S/4HANA
Company Overview
Problem Domain
Procurement automation, tactical and tail spend management, sourcing and negotiation optimization
Founded
2020
Industry
SaaS; Procurement / Supply Chain Software
Funding Track Record
Investor Signal
“Dealroom lists program and accelerator/backer participation including APX Ventures, Plug and Play, AI.STARTUP.HUB, German Accelerator and 36stones”