iSYBUY offers a cloud Source-to-Pay solution that centralizes, automates and optimizes procurement from supplier sourcing and tenders to order placement and invoice approval. The platform automates invoice verification, produces procurement KPIs, and enforces configurable business rules to reduce administrative work and ensure regulatory and ESG compliance. iSYBUY integrates with partners and ERP vendors (examples cited include PEERSGROUP, KPMG, AXYS, KAORA PARTNERS, SAGE X3, CEGEDIM and YOOZ) to support deployments. The company was founded in 2016 by Mélanie Lehoux and today serves more than 100 ETIs. It grew activity by 70% in 2023 and currently generates about 10% of its revenue from the Benelux, Spain and Switzerland. iSYBUY plans to use new funding to double headcount to roughly 60 employees and to hire marketing, commercial, IT, consultants, Customer Success Managers and support staff while accelerating international expansion.

Total raised

$11M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2024