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 Professional, 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. With CROWDFOX Professional, SRM systems unleash their full potential for the first time.