Berlin-based B2B SaaS start-up expands its marketplace place amongst SMEs and effectively closes financing spherical for every other € 8 million.
Low-code platforms are anticipated to boost up the much-heralded digitalisation of the SME financial system. With greater than 6,500 consumers international and top double-digit expansion charges, Ninox is likely one of the main suppliers within the DACH area (Germany, Austria and Switzerland). With a purpose to sustainably enforce its expansion technique, the Berlin-based start-up has now introduced on board two extra famend Ecu VC traders, Hello Inov and VI Companions.
Buyers see nice expansion attainable
“Ninox is already a very good product with top buyer price. The focal point at the wishes of medium-sized firms and the devoted verticalization will give the advance of the trade an extra spice up,” says Wolfgang Krause from Hello Inov, explaining the dedication. And Joe Neale from VI Companions provides: “The marketplace for low-code platforms is rising swiftly. We’re satisfied that Ninox can’t handiest grasp its personal, but in addition extend its excellent place across the world.”
The btov Commercial Tech Fund had already invested in Ninox in 2019 and IBB Ventures in 2020, contributing to the growth of the low-code platform right into a a success resolution for SMEs. With the brand new funding, Ninox can now take the following giant step, additional optimise its product and considerably build up its marketplace proportion within the DACH area, and later additionally in Western Europe and North The united states.
Press Touch
Ninox Device GmbH
Daniel Kronberger, CFO
E-Mail: data@ninox.com
Monbijou Platz 5
10178 Berlin
