Intropy Raises $11 Million Seed Funding to Modernize Spare Parts Supply Chains with AI

Intropy Secures $11 Million in Seed Funding

London-based AI startup Intropy has raised $11 million in Seed funding to expand its AI-powered platform for the global spare parts industry.

The round was led by Felix Capital, with participation from Quiet Capital, General Catalyst, and firstminute capital.

Founded in 2024 by YihKai Teh and Franziska Kirschner, Intropy develops an AI-native operating system that helps distributors, manufacturers, and recyclers automate critical spare parts operations.

Bringing AI to Spare Parts Management

Intropy's platform is designed to replace manual workflows, spreadsheets, and legacy software by integrating directly with customers' Enterprise Resource Planning (ERP) systems.

Unlike traditional software that provides recommendations for human review, Intropy's AI automates operational decisions using both structured and unstructured data.

The platform supports functions including:

• Inventory management

• Pricing optimization

• Operational decision-making

• Real-time supply chain optimization

According to the company, its technology has already processed more than $10 billion in spare parts demand since launch.

Expanding Product Development and U.S. Presence

The newly raised funding will be used to:

• Accelerate product development

• Expand the company's team

• Strengthen AI capabilities

• Open a New York office to support growth in the U.S. market

Commenting on the company's vision, Co-founder and CTO YihKai Teh said Intropy is building an intelligence layer that understands the complexity of spare parts to help businesses make better operational decisions as demand evolves.