[Funding alert] Berlin-based WAY Secures €1.2 Million in Pre-Seed Funding

Thursday 1, 2024 | By Startup Rise EU

Berlin-based WAY secures €1.2 million in pre-seed funding. Pitchdrive, a venture capital firm based in Belgium, led the investment, with support from IBB Ventures, FvS Investments, and HR VC allygatr.

Berlin-based WAY secures €1.2 million in pre-seed funding. Pitchdrive, a venture capital firm based in Belgium, led the investment, with support from IBB Ventures, FvS Investments, and HR VC allygatr.

Notable SaaS angel investors also took part, including Joblift CTO Denis Bauer, CEO of Circus Kitchen CTO Helge Plehn, Comatch founders Jan Schächtele and Christoph Hardt, and CEO of the HR platform Kenjo, David Padilla.

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These money will be used by the creators to advance the development of their cutting-edge IT platform. WAY wants to expand its innovative service, which combines a platform that handles manual IT duties with the easy and affordable purchase of laptops, smartphones, and similar devices.

WAY releases all involuntary IT supervisors, such as office managers, HR, or founders. WAY offers both rental and purchased devices. The platform handles all human IT tasks, including inventory management, offboarding, device configuration, and even granting staff access to tools.

Read also - Switzerland-based Spiden Secures $15Million in Additional Funding

Jonas Baum, co-founder and CEO of WAY said, “Even tech-savvy SMEs often professionalize their IT too late because existing solutions are too expensive and designed for large companies with internal IT departments, Our goal is to ensure everything is done right from the start, and no company ever has to experience the infamous IT pain again.”

For numerous features, WAY is free. Superior add-ons offer more automation and security. The solution is intended for larger enterprises with pre-existing fleets of devices as well as smaller businesses.

Read also - Stockholm-based Version Lens Secures Pre-Seed Round Funding

About WAY

Early in 2023, Jonas Baum and Cedric Bals established WAY. Cedric Bals observed how conventional small and medium-sized firms (SMEs) were overrun by their IT while he was a working student studying information technology. Bals later encountered the same issues at contemporary scale-ups and startups. As a result, WAY was developed as a clever fix for IT issues.

Read also - Hamburg-based airfocus Secures $7.5Million in Funding

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