What is Andercore?
Led by CEO Philipp Andernach, Andercore operates a sophisticated AI platform designed to orchestrate pricing, quoting, quality assurance, logistics, and embedded financing for industrial supply chains. The company employs an asset-light principal trading model, facilitating thousands of monthly transactions by integrating international sourcing with localized distribution across seven European markets. Andercore serves prominent industrial clients including Synthos Group, Wolf & Müller, Sotralenz Construction, Phnix, and Strabag, positioning itself as a key player in streamlining complex B2B commerce.
How much funding has Andercore raised?
Andercore has raised a total of $40M across 1 funding round:
Series B
$40M
Series B (2026): $40M with participation from Commerzbank, Atomico, Project A Ventures, Inven Capital, and KfW
Key Investors in Andercore
Commerzbank
Commerzbank is a major international commercial bank headquartered in Germany, specializing in tailored financial services for both private and corporate clients. It plays a significant role in financing international trade and offers comprehensive capital market products, operating through a widespread network of branches and digital banking subsidiaries.
Atomico
Atomico is a European venture capital firm based in London, with additional offices in Paris, Berlin, and Stockholm. Founded by serial entrepreneur Niklas Zennström, the firm focuses on investing in technology companies.
Project A Ventures
Project A Ventures is an early-stage venture capital firm based in Berlin and London, investing in European tech startups. They provide significant operational support through a platform team of over 140 experts and focus on sectors like e-commerce, fintech, and logistics.
What's next for Andercore?
The substantial enterprise-level funding indicates Andercore is poised for significant scaling and further technological development. This capital injection is expected to fuel the expansion of its AI capabilities, enhance its operational footprint across existing and new European markets, and potentially broaden its service offerings to include more advanced financial solutions. The strategic nature of the recent investment suggests a focus on deepening market penetration and solidifying its competitive advantage in the industrial supply chain sector.
See full Andercore company page
