Qorelo, a Berlin-based startup building an AI engine for enterprise resource planning delivery, has raised €3 million ($3.5 million) in seed funding just five months after its founding. The round was co-led by HPI Ventures and Caesar Ventures, with participation from 10x Founders, Antler, Adesso Ventures, and Angel Invest.
The company was founded in late 2025 by Nicholas Torabi (19), Louis Schmidlin (24), and Marino Kurtović (28), and targets a specific and urgent bottleneck: SAP has instructed all corporate users to migrate to its modern S/4HANA platform by 2027, yet only 8% of such migrations are completed on time, with more than 60% running over budget or schedule. With 35,000 SAP customers currently undertaking migrations that each take between 18 and 36 months, skilled delivery capacity is severely strained across the industry.
Qorelo’s AI intelligence layer automates the repetitive functional workstreams within these large-scale ERP transformations, claiming to reduce delivery timelines by 45%. The platform serves both consultancies, helping them scale delivery without adding headcount, and enterprises seeking to reduce dependence on external expertise. A leading German automotive company, understood to include Mercedes-Benz, is already a live customer.
Jens Schmidt-Sceery, Partner at HPI Ventures, said the founding team had demonstrated rare commercial instinct at an early stage, winning demanding enterprise customers in a remarkably short time. The global SAP application services market is projected to grow from €37.8 billion in 2025 to €60.2 billion by 2030.
