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

Subscriber access only

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