Qorelo Raises $3.5M to Ease SAP's 2027 Migration Crunch

Jan de Vries · 2026-06-15

A young Berlin startup just landed a significant seed round to tackle one of the biggest headaches in enterprise tech: the massive SAP migration deadline of 2027. Qorelo, which builds an AI engine for modern ERP delivery, raised $3.5 million in a seed round only five months after founding. The round was co-led by HPI Ventures and Caesar Ventures, with backing from 10x Founders, Antler, Adesso Ventures, and Angel Invest. ### The 2027 Deadline Is a Crisis for Enterprises Here's the problem: SAP has told all its corporate customers they must migrate to a new version (S/4HANA) by 2027. That's a hard deadline, and it's creating a massive crunch. - Only 8% of ERP migrations finish on time. - Projects typically run 30% longer than planned. - More than 60% go off track on budget, schedule, or quality. In extreme cases, failed transformations have cost large corporations hundreds of millions of dollars before being abandoned. The global SAP application services market for S/4HANA transformation was valued at $44 billion in 2025 and is expected to hit $70 billion by 2030. ### What Qorelo Actually Does Qorelo's AI layer automates the repetitive, functional workstreams in ERP upgrades and migrations. Think of it as a smart assistant that handles the boring but critical parts of moving from old SAP systems to new ones. The platform claims to reduce delivery timelines by 45%. It also acts as a permanent system of record for ERP delivery, turning one-time transformations into ongoing optimization relationships. That means corporate operational data stays ready for AI use, long after the initial migration. ### Who's Behind It The founding team is notably young: Nicholas Arman Maxwell Torabi (19), Louis Andrea Schmidlin (24), and Marino Kurtovic (28). Despite their age, they've already won over a leading German automotive enterprise as a live customer. Nicholas Torabi, co-founder, said: "Large enterprises are facing an unprecedented race against time to modernise their digital backbones before the 2027 deadline, but the industry simply lacks the human delivery capacity to make it happen. At Qorelo, we have built an elegant solution that automates the repetitive functional workstreams of these massive transformations." ### Who's It For Qorelo serves two main groups: - **Consultancies** – It helps them win more contracts, deliver faster, and scale delivery capacity without adding headcount. - **Enterprises** – It reduces reliance on external consultancies and keeps SAP expertise in-house. Typical users include solution architects, process owners, functional leads, program leadership (PMO and transformation leads), and SAP Center of Excellence teams. ### The Investor Perspective Jens Schmidt-Sceery, Partner at HPI Ventures, commented: "Modernising the enterprise tech stack is one of the hardest problems on any CIO's desk. These are multi-year programs where most of the risk and cost sits in slow, manual, expert-dependent work. Qorelo is the AI companion that carries enterprises and their consultants through it – turning fragmented discovery and scoping into structured, traceable progress, while keeping people in control." ### What's Next Qorelo is initially focused on the DACH region (Germany, Austria, Switzerland), where the SAP transformation crunch is most acute. With fresh funding, the team plans to hire top engineering and sales talent across Europe to scale the platform. The startup's approach is smart: instead of trying to replace SAP, it makes the painful migration process faster, cheaper, and less risky. For the 35,000 SAP customers racing against the 2027 deadline, that kind of help couldn't come at a better time.