Lhotse Technologies GmbH
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Lhotse Technologies GmbH - overview
Established
2020
Location
Berlin, -, Germany
Primary Industry
Software
About
Founded in 2020 and based in Berlin, Germany, Lhotse Technologies GmbH operates as a cloud-based SaaS platform that automates and simplifies procurements. The company was co-founded by Can Akin, Henning Hatje, and Jan Berssenbruegge. In September 2021, Lhotse raised EUR 5 million in Seed funding led by Cavalry Ventures. The company uses automation and artificial intelligence to work and wrangles relevant information into one central procurement position.
Lhotse also provides end-users with a total review of previous suppliers and orders, recommended suppliers, and automatically receives offers from competing suppliers. The company plans to use its funding from September 2021 to further develop its products as well as expand the team.
Current Investors
SquareOne, NAP
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Sales & Marketing Software
Website
www.lhotse.de
Verticals
Artificial Intelligence, Cloud Computing
Company Stage
Angel & Seed
Total Amount Raised
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