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Netigate, a Stockholm-based SaaS firm, introduced on Monday that it has acquired strategic funding from GRO Capital.
Moreover funding, GRO Capital will probably be partnering with the Swedish startup to speed up Netigate’s product innovation, gross sales and advertising efforts, and worldwide enlargement.
Mikkel Drucker, CEO of Netigate, says, “The corporate is at the moment on an thrilling journey to turn into Europe’s main expertise platform within the mid-market. With the growing competitors for expertise and clients, capturing and taking motion on suggestions throughout worker and buyer journeys is crucial for corporations’ competitiveness and survival. With GRO Capital, we now have robust assist and funding to additional our aim of being the chief within the mid-market.”
The announcement comes over a month after securing ISO 270001 certification. Formally often called ISO/IEC 27001:2013, ISO 27001 is the worldwide commonplace outlining greatest practises for Info Safety Administration Methods (ISMS).
How was Netigate born?
Netigate was based in 2005 by 4 associates round a espresso machine in Stockholm after realising corporations usually made selections about their individuals primarily based on intestine emotions reasonably than info and knowledge.
Initially, the corporate was a consultancy agency referred to as Inch, which helped different companies to digitise their worker and buyer journeys.
Nevertheless, someday, a buyer requested the staff to create a software program to gather suggestions from workers and clients. And that’s how the Swedish firm was born.
Netigate: What it is advisable know
Netigate is a Swedish know-how firm that gives cloud-based companies for on-line surveys primarily used for the voice of the client, worker efficiency, and market analysis.
The corporate was established with a imaginative and prescient to offer a platform for unfiltered, wealthy suggestions that delivers an correct understanding of consumers and workers.
At the moment, the platform helps 1000’s of consumers, together with Spotify, DB Schenker, Vodafone, Continental, and EnBW. Netigate has Stockholm, Oslo, Frankfurt, Berlin, and Warsaw workplaces.
Tom Nyman, Chairman of Netigate, provides, “I’m more than happy that GRO Capital, one of many main SaaS traders in Northern Europe, has turn into a big investor in Netigate. With their assist, we are able to speed up our imaginative and prescient of turning into a holistic expertise administration platform, giving customers a extra holistic understanding of their firm’s efficiency. I really consider combining the Netigate staff, GRO Capital, and the remaining traders will make Netigate a rare firm.”
GRO Capital: What it is advisable know
GRO Capital is a North European non-public fairness fund specialised in mid-sized B2B software program corporations. The corporate has €1B in AUM. The companions behind GRO Capital have been traders in additional than 25 know-how and software-related corporations.
Lars Lunde, Associate at GRO Capital, feedback, “We’re satisfied that the expertise administration class will solely be of accelerating significance sooner or later for corporations to enhance buyer experiences and shield expertise constantly. Netigate has created a extremely scalable expertise administration platform that, right now greater than ever, is poised for development by means of intensive product innovation and centered go-to-market efforts. We’re thrilled to assist Netigate’s long-term development and leverage GRO Capital’s operational and software program experience to capitalise on this quickly rising market alternative.”
Catch our interview with Paul Down, Head of Gross sales at Intigriti.
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