SAP has agreed to acquire the Belgian AI startup TechWolf on October 6, 2026. The company from Ghent automatically evaluates which tasks employees perform and which skills they use for it with a self-developed "context graph." Both parties did not disclose the purchase price; the completion is scheduled for the fourth quarter of 2026.
Context graph maps work and skills
TechWolf was founded in 2018 in Ghent and employs more than 120 people according to its own statements; the startup has raised over 50 million US dollars in venture capital so far.
The software continuously builds a model of actual work from linked personnel and business systems: it captures individual tasks, the skills used for them, as well as external labor market data and links all of this in a so-called context graph for work, which is continuously updated from the connected systems.
As The New Stack reports, corporations such as Booking.com, HSBC, PayPal, and chipmaker AMD are among the customers. Company CEO Andreas De Neve has said he built the company over eight years as an evidence base for questions related to work and workforce, and sees SAP as the right partner to expand this foundation to more business areas and a larger customer base.
TechWolf will continue to serve customers outside the SAP world after the acquisition; the brand, leadership team, and corporate culture will remain intact, and co-founder De Neve will continue to run the business as CEO.
SAP folds skill data into SuccessFactors
After the planned completion, TechWolf is to become the core of the HR software SuccessFactors. The company wants to use the task and skill data for further training, internal job placement, and workforce planning, while also providing it as a knowledge base for the AI assistant Joule.
Manoj Swaminathan, responsible for SAP's so-called Autonomous Suite, describes the context graph as the basis for AI agent queries on roles, skills, and workforce planning; it also makes token usage more efficient, thereby reducing the operating costs of HR agents.
SAP hopes this will lead to more accurate suggestions for skills-based hiring and task redesign through Joule. TechWolf was already an SAP partner before the acquisition: its skill data infrastructure has been listed on the SAP Store since January 2025 and is integrated with SuccessFactors.
SAP was also one of the investors in a TechWolf funding round of 42.75 million US dollars in 2024. SAP is not alone in arguing that structured context data reduces the computational load of company agents: software provider Atlassian calculated in May that agents with access to its own Teamwork Graph data set required 48 percent fewer tokens than without it.
Deal fits into SAP's acquisition spree of AI specialists
SAP announced the acquisition at its in-house event SAP Connect in Las Vegas. The purchase joins the ongoing AI funding and acquisitions tracker, which has followed SAP's AI buying spree for months.
Just in July, the company completed the purchase of Freiburg startup Prior Labs and reportedly committed more than one billion euros to it.
TechWolf is said to be part of a broader strategy to embed AI agents into finance, HR, and supply-chain processes; most of the planned new assistants are to roll out by the first quarter of 2027. Industry analyst Holger Mueller of Constellation Research, as quoted by The New Stack, called the acquisition an upgrade of SAP's skills capabilities. TechWolf itself describes the sale as the largest acquisition of a venture-funded software company in Belgian history; this claim is independently unverified.
It remains to be seen whether antitrust regulators will clear the transaction announced for the fourth quarter without conditions, and whether SAP will gain an edge over Workday and other HR software providers that still have to build comparable AI skill data themselves.
