[Funding alert] Hamburg-based airfocus Secures a $7.5 Million in Funding
Jan 12, 2024 | By Team SR
Hamburg-based airfocus secures a $7.5 million in funding. This round led by Newion with the participation of XAnge, Nauta, Riverside Acceleration Capital, and Picea Capital.
The investment brings airfocus’ total funding close to $15M and will support its global expansion in the multi-billion dollar market of product management software.
Read also - Zurich-based Payment Fintech Company Rivero Secures €6.3 Million in Series A Round Funding
As the world’s 1st modular product management tool, airfocus addresses core enterprise challenges like roadmapping, prioritization, customer insights, and OKR alignment with unmatched flexibility.
RECOMMENDED FOR YOU
[Funding alert] London-based Fintech kennek Secures €11.8 Million Seed Funding
Team SR
Oct 10, 2023
Already trusted by over 800 businesses worldwide, including Caterpillar, The Washington Post, and Orange, airfocus is setting a new standard in a market that strives for
innovation and efficiency.
Read also - London-based shaka Secures €1 Million in Seed Funding
Malte Scholz, co-founder and CEO of airfocus, shares his vision: “This funding is pivotal. We’re not just developing software; we’re crafting a unified Product Operating System. Our AI-assisted platform will transform how product managers work. Decision-making becomes more efficient and impactful supported by a single source of product truth.”
Newion has joined existing investors Picea Capital, Klaus Schlumpberger, Christian Heimerl, Paul Schwarzenholz, and Björn Kolbmüller, encouraged by airfocus' outstanding progress and growth.
Read also - Spanish Mobility Company Cabify was Secures €15 Million loan from BBVA Spark
Nowadays, every company is a tech company, with software as the backbone of all operations and services. To survive, businesses must undergo digital transformation, making software integration crucial for efficiency and competitiveness.
About airfocus
Founded in 2017 in Hamburg, airfocus offers a unique, flexible end-to-end
Product Management platform. With a growing global presence and backed by
major VCs, the company is committed to empowering teams to build better
products faster.
Read also - Swedish Deep Technology Company N-ink wins €1M from Voima Ventures