How Sastrify hit $6M revenue and 70 customers in 2023.
Virtual Software-as-a-Service procurement service, helping digital-first companies to optimize their SaaS tools.
2020
Founded
$6M
2023 Revenue
130%
YOY
$55.3M
Funding
Sastrify Revenue
In 2023, Sastrify revenue run rate hit $6M in revenue.
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2023
Sastrify hit $6M in revenue in 2023
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2021
Sastrify hit $1.7M in revenue in 2021
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2020
Sastrify launched in 2020 with $0 revenue
Sastrify Funding History
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2023 Series B
Sastrify raised a Series B of in November, 2023
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2023 Debt Financing
Sastrify raised a Debt Financing of in May, 2023
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2022 Series A
Sastrify raised a Series A of in January, 2022
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2021 Seed Round
Sastrify raised a Seed Round of in December, 2021
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2020 Pre Seed Round
Sastrify raised a Pre Seed Round of in June, 2020
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| November, 30 2023 | Series B | ||
| May, 24 2023 | Debt Financing | ||
| January, 13 2022 | Series A | ||
| December, 08 2021 | Seed Round | ||
| June, 01 2020 | Pre Seed Round |
Team
Sastrify has 159 total employees and 11 sales reps that carry a quota. They have 70 customers an engineering team of 8
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 159 |
| Engineer | 8 (5%) |
| Sales | 11 (7%) |
Founder / CEO
Sven Lackinger
Sven Lackinger is Co-Founder at Sastrify, the leading procurement service for SaaS subscriptions. Before, Sven already founded the parking startup evopark (acquired in 2017). He holds a degree from WHU and worked for Goldman Sachs, the BCG and Bain.
Q&A
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What's your age?
32
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Favorite online tool?
Donut
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Favorite book?
Four Hour Work Week
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Favorite CEO?
None
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Advice for 20 year old self
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Customers
Churn
Sastrify Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Sven Lackinger | Co-Founder | [email protected] | - |
Frequently Asked Questions about Sastrify
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When was Sastrify founded?
Sastrify was founded in 2020.
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How much revenue does Sastrify generate?
Sastrify generates $6M in revenue.
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Who is the CEO of Sastrify
The CEO of Sastrify is Sven Lackinger.
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How much funding does Sastrify have?
Sastrify raised $55.3M.
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How many employees does Sastrify have?
Sastrify has 159 employees.
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Where is Sastrify headquarters?
Sastrify is headquartered at Cologne, Germany
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