London-based Intropy has closed an $11 million seed round to expand its AI-native operating system for the spare-parts supply chain, doubling down on a niche of enterprise workflows where legacy ERPs still leave dealers and manufacturers guessing on pricing, obsolescence and demand.
Who's in the round
Felix Capital led the round, with participation from Quiet Capital alongside early institutional backers General Catalyst and firstminute capital, Intropy announced on July 31. The company said the cash will fund machine-learning product work, grow its systems-engineering teams, seed a New York commercial office, and bankroll market expansion across the US and Europe.
What Intropy sells
Founded in 2024 by former Tractable AI leads Franziska Kirschner (CEO) and YihKai Teh (CTO), Intropy sells a B2B software layer that plugs directly into legacy Enterprise Resource Planning systems and automates the traditionally manual work of parts distribution — dynamic pricing, demand forecasting and real-time obsolescence scoring. The company says its platform has already processed over $10 billion in spare-parts demand across automotive, recycling and heavy-manufacturing customers.
Fits the vertical-AI thesis
Intropy joins a wave of vertical B2B AI startups winning early-stage venture capital in 2026, alongside Henry AI, Encore AI and Freehand's $75M Series B for AI supply-chain agents — all pitched at replacing spreadsheets and clerical work with agents that sit on top of a company's existing systems of record.
Reporting based on coverage from FinSMEs, Tech.eu and EU-Startups.