London-based Intropy has raised $11 million in seed financing to expand its artificial intelligence platform for the spare parts industry. Felix Capital led the round, with participation from Quiet Capital and existing investors General Catalyst and firstminute capital. The funding will support product development, hiring, and international expansion as the startup seeks to modernize operational decision-making across a sector still dependent on spreadsheets, fragmented data, and legacy software.
Building an AI Operating System for Spare Parts
Founded in 2024 by Franziska Kirschner and YihKai Teh, Intropy develops what it describes as an AI-native operating system for spare parts distributors, manufacturers, and recyclers. The platform automates decisions involving demand forecasting, inventory allocation, dynamic pricing, and obsolete stock management. Instead of presenting recommendations through another dashboard, Intropy connects with customers’ existing enterprise resource planning systems and can execute decisions directly within established workflows.
Addressing a Complex and Fragmented Market
Spare parts businesses often manage extensive catalogs containing hundreds of thousands of stock-keeping units, while essential information remains spread across warehouse systems, documents, images, spreadsheets, and conversations. This fragmentation can complicate decisions about how much inventory to hold, where products should be located, when prices should change, and which items risk becoming obsolete. Intropy combines structured and unstructured information to help companies update those decisions continuously as demand, operating costs, tariffs, and market conditions shift.
Technology Designed to Act Autonomously
The company positions its product as an operational intelligence layer rather than a conventional analytics tool requiring employees to approve every recommendation. By working through existing software infrastructure, the platform can adjust inventory levels and pricing while supporting proactive obsolescence management without forcing customers to replace core systems. Intropy said its technology has processed more than $10 billion in parts demand since launch and that customers have achieved returns on investment exceeding ten times their spending, although these figures remain company-reported.
Founders Bring Applied AI Experience
Kirschner, Intropy’s co-founder and chief executive, trained as a physicist at the University of Oxford, while Teh, its co-founder and chief technology officer, previously worked in academic AI at University College London. The founders worked together at insurance technology company Tractable, where they became inventors on more than ten patents applying artificial intelligence to automotive-related challenges. Their experience exposed them to the relationship between vehicle damage, repair decisions, component availability, and the broader supply chain that Intropy now aims to improve.
Funding Supports US and European Growth
Intropy plans to use the seed capital to accelerate product development and expand its engineering and machine learning teams. It will establish a New York office as it strengthens its United States presence, while continuing to grow across Europe and recruit engineers and AI researchers in London and New York. Felix Capital investor Fabian Burnett Small said the firm was attracted to the founders’ technical depth, industry knowledge, and ambition to build an intelligence layer capable of making supply chains faster and more efficient.
Intropy’s funding reflects growing investor interest in AI applications that automate operational decisions inside traditional industries rather than merely generating recommendations. The startup must now demonstrate that autonomous software can deliver reliable results across complex spare parts environments without disrupting the systems businesses already depend on. With fresh capital, planned US expansion, and continued European growth, Intropy is positioning itself as a specialized technology provider for the infrastructure that keeps vehicles, machines, and industrial equipment operating.