AI for spare parts startup Intropy raises $11M
Tech.eu John Reynolds
Intropy, an AI startup founded in 2024 by former Tractable researchers, raised $11 million to automate inventory and pricing decisions for spare parts businesses. The company has processed over $10 billion in spare parts demand since launch and will use funding to expand to the US and hire staff. Businesses can now automate decisions within their existing ERP systems rather than relying on manual spreadsheets and legacy software.
Why it matters
A London-based AI for spare parts startup has raised $11m in new funding, as it targets US expansion. Intropy has raised a seed round from lead investor Felix Capital, with participation from Quiet Ca...
