Qorelo Raises €3M Seed for AI-Driven SAP Transformation

Berlin-based Qorelo has successfully closed a €3 million Seed funding round, just five months after its inception. The capital injection, co-led by HPI Ventures and Caesar Ventures, with significant participation from 10x Founders, Antler, Adesso Ventures, and Angel Invest, is earmarked to accelerate the development and deployment of its AI-powered platform designed to streamline complex Enterprise Resource Planning (ERP) transformations.

The urgency for modernizing ERP systems is amplified by SAP's mandate for clients to transition to its S/4HANA platform by 2027. This deadline creates a substantial bottleneck, as an estimated 35,000 SAP customers are currently navigating this complex upgrade. The global market for SAP S/4HANA transformation services was valued at approximately $44 billion in 2025 and is projected to expand to over $70 billion by 2030, underscoring the immense demand for efficient solutions.

Qorelo's core innovation lies in its AI engine, which automates repetitive functional tasks inherent in large-scale ERP overhauls. This automation aims to drastically reduce project timelines, with the company claiming a potential 45% reduction in delivery duration. By acting as a persistent system of record for ERP delivery, Qorelo transforms one-off migrations into ongoing optimization processes, ensuring corporate data remains perpetually prepared for advanced analytics and AI applications.

The challenge Qorelo addresses is stark: ERP modernization projects are notoriously prone to delays and cost overruns. Statistics indicate that only about 8% of such migrations are completed on schedule, often extending beyond planned durations by as much as 30% and frequently exceeding budget or quality targets. Failed transformations have, in some instances, cost major corporations hundreds of millions of euros before being abandoned.

This funding will empower Qorelo to scale its operations and product roadmap, focusing on attracting top-tier engineering and sales talent across Europe. The startup's strategy targets both consultancies, enabling them to secure more contracts and scale delivery without proportional headcount increases, and enterprises, helping them reduce dependency on external advisors and retain critical SAP expertise internally. Key users within organizations include solution architects, process owners, and program leadership.

The company has already secured early traction, including a notable engagement with a leading German automotive enterprise, which is leveraging Qorelo for its ongoing SAP transformation and subsequent operational enhancements. Jens Schmidt-Sceery, Partner at HPI Ventures, highlighted the founding team's rapid success in gaining the trust of demanding clients like Mercedes-Benz, noting their commercial acumen as a strong indicator of future potential.

Qorelo's founders, Nicholas Torabi, Louis Andrea Schmidlin, and Marino Kurtović, recognized the critical gap in human capacity needed to meet the impending SAP transformation deadline. Their AI-driven approach offers a compelling solution to mitigate the risks and costs associated with these multi-year, expert-dependent programs, positioning Qorelo as a vital partner for enterprises navigating this crucial technological shift.