About Lhotse
Lhotse is a company based in Berlin (Germany) founded in 2020. Lhotse has raised $5.91 million across 2 funding rounds from investors including SquareOne, Katharina Gehra and Philipp Klockner. Lhotse offers products and services including UI Optimization, Copilot Support, Assistant, and Document Workflow. Lhotse operates in a competitive market with competitors including Bizongo, SuperZop, SmartEquip, Procol and FoodMaven, among others.
- Headquarter Berlin, Germany
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Sectors
Retail
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Email
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Phone
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Website
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Social
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- Legal Name Lhotse Technologies Gmbh
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$5.91 M (USD)
in 2 rounds
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Latest Funding Round
$5.91 M (USD), Seed
Sep 15, 2021
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Investors
SquareOne
& 7 more
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Employee Count
Not available
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Products & Services of Lhotse
Lhotse offers a comprehensive portfolio of products and services, including UI Optimization, Copilot Support, Assistant, and Document Workflow.
Streamlines interfaces to improve user experience in procurement tasks.
Offers intelligent guidance for efficient procurement decisions.
Reduces complexity by providing timely information for workflows.
Automates upload, verification, and import to minimize errors.
People of Lhotse
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Funding Insights of Lhotse
Lhotse has successfully raised a total of $5.91M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $5.91 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Lhotse
Lhotse has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include SquareOne, Katharina Gehra and Philipp Klockner.
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Investments in pre-seed and seed-stage startups are made by SquareOne.
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Pre-seed and seed stage tech investments are made in Germany.
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Venture capital funding is provided to startups by this firm.
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Investor details for Lhotse
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Investments & Acquisitions by Lhotse
Investment portfolio details for Lhotse
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Financial Statements - Lhotse
Detailed financials for Lhotse
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Lhotse Comparisons
Peer comparison for Lhotse
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Competitors of Lhotse
Lhotse operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bizongo, SuperZop, SmartEquip, Procol and FoodMaven, among others.
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Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
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Wholesale grocery procurement is enabled for retailers and small businesses.
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SaaS solutions are provided for industrial parts access by manufacturers.
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Procurement processes are automated through an AI-based platform.
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AI-based procurement software is provided for food supply optimization.
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Procurement software suites are provided for business operations.
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Detailed competitors of Lhotse
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Latest news on Lhotse
Complete news archive for Lhotse
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Frequently Asked Questions about Lhotse
Lhotse was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Lhotse is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Lhotse is a funded company, having raised a total of $5.91M across 2 funding rounds to date.
Lhotse was founded in 2020 in Berlin, Germany, as a provider of SaaS-based procurement management software. The platform operates in the cloud to handle non-strategic spending through a proprietary algorithm. Features include AI-driven request definitions, catalog suggestions, historical data analysis, data-driven recommendations, and assessments with scenario analyses. Operations focus on the procurement sector for enterprise efficiency.
Lhotse offers UI Optimization, Copilot Support, Assistant, and Document Workflow.
Lhotse has 8 investors. Key investors include SquareOne, Katharina Gehra, Philipp Klockner, Christopher Oster, and Felix Jahn.