fynk, a Vienna, Austria-based SaaS company specializing in developing legal workflow tools, has raised €3.1 million in funding.
Investors
The round was led by 3VC and 10x Founders, with participation from existing investors Hansi Hansmann and Lisa Pallweber (Hans(wo)men Group), Moritz Thiele (CoastCap), Personio Co-Founder Ignaz Forstmeier, PlanRadar Founder Domagoj Dolinsek, Latido Founder Stefan Speiser, Alexander Brix (former Head of Operations Europe at Canva), and Kai Romberg, who played a key role in building Hg, Europe’s largest tech investor.
3VC is a European venture capital fund that invests in select startups with global ambitions. The firm partners with companies with strong ties to the DACH region, CEE, and the Baltics, focusing on Series A with an initial ticket size of up to €10M.
10x Founders is a network-powered, early-stage investor comprising over 200 entrepreneurs. The VC focuses on backing ambitious founders in Europe and the US who are capable of building category-leading companies.
fynk Use of Funds
The company will use the funding to accelerate product development and expand its international market presence.
About fynk
Founded in 2022 by Constantin Wintoniak, Dominik Hackl, and Markus Presle, fynk offers contract management software designed to simplify and automate the creation, review, signing, and analysis of large volumes of contracts. The platform makes enterprise-level legal tools accessible to small and medium-sized businesses, startups, and agencies. Currently, fynk serves over 100 international companies.
Funding Details
Company: fynk GmbH
Raised: €3.1M
Round: Undisclosed
Funding Date: October 2024
Lead Investors: 3VC, 10x Founders
Additional Investors: Hansi Hansmann, Lisa Pallweber, Moritz Thiele, Ignaz Forstmeier, Domagoj Dolinsek, Stefan Speiser, Alexander Brix, Kai Romberg
Company Website: https://fynk.com/
Software Category: Contract Management
Source: https://siliconcanals.com/austrias-fynk-secures-3-1m/