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London-based Intropy raises €9.5 million to build the AI-native operating system for the spare parts industry

Intropy, a London-based AI-native platform automating inventory, pricing and other critical decisions for spare parts businesses, has raised €9.5 million ($11 million) in Seed financing. The round was led by Felix Capital, with participation from Quiet Capital and early investors General Catalyst and firstminute capital. Franziska Kirschner, co-founder and CEO, said, “The physical economy is […]…

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London-based AI platform Intropy has successfully raised €9.5 million in Seed financing to develop an AI-native operating system tailored for the spare parts industry. The investment round was led by Felix Capital, with additional support from Quiet Capital and notable early investors General Catalyst and firstminute capital. Intropy's co-founder and CEO, Franziska Kirschner, emphasized the importance of the physical economy, stating that spare parts enable functionality, but many critical decisions still rely on fragmented systems and manual processes.

The company aims to build an AI-native operating system that can autonomously make and execute decisions at scale and speed, thus addressing the industry's longstanding reliance on outdated legacy software and manual reviews. Intropy's technology automates critical workflows such as demand prediction, inventory distribution, obsolescence management, and dynamic pricing using AI.

The company's innovation lies in its ability to aggregate fragmented structured and unstructured information from various sources like ERP systems, warehouse platforms, spreadsheets, and documents to create automated decisions within a customer's existing operations in an ERP. This approach allows businesses to shift from reactive to proactive decision-making, continuously adapting to market changes without requiring manual intervention.

Since its launch, Intropy's technology has processed over €8.7 billion in parts demand, with customers experiencing remarkable improvements, including ROI returns of more than 10 times. The company plans to leverage this funding to bolster product development, expand its engineering and machine learning teams, and establish a New York office to strengthen its U.S. presence while continuing to grow across Europe.

Intropy is actively hiring engineers and AI researchers in both London and New York to support its expansion plans.

Written by urgent.news from EU-Startups's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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