Capital increase of 6 million euros for Crowdfox
Cologne, Germany, September 7, 2022 – Crowdfox continues to focus on strong growth and successfully closes another financing round. The capital measure was subscribed by the existing shareholders, who thus place their great trust in the software solution for indirect purchasing. In total, the shareholders are investing a further 6 million euros in the company.
The new capital will provide financial support for Crowdfox’s growth and international expansion. In addition, the further development and optimization of the software solution for indirect purchasing will be pushed even further. With Crowdfox, SRM systems are optimized and companies gain more transparency, process reliability and efficiency. The software solution for indirect purchasing is characterized by best buy realization, optimized content and seamless system integration without changes to the existing IT landscape. Crowdfox, SRM systems unleash their full potential for the first time.
“I am very pleased that our shareholders have once again sent a clear signal with this financing round,” said CEO Dirk Schäfer. “Together with our current and future customers, we will continue to work on the expansion of our solution – both nationally and internationally.”
Numerous customers rely on the Crowdfox solution. The customer portfolio consists of companies from the DAX as well as global mid-sized companies that use the software solution both nationally and internationally. Close cooperation with partners enables simple and fast integration, which can also be used worldwide.