Ninox, a Berlin, Germany-based leading low-code platform provider, closed €8 million in growth funding.
The financing round was led by the two growth capital providers Hi Inov and VI Partners. The existing investors Btov Industrial Tech Fund and IBB Ventures remain on board.
With the new investment, Ninox is now targeting key milestones, such as:
· Advancing the product offering by developing industry and use-case-specific templates, called Industry Kits.
· Expanding the already extensive partner network supporting customers more than ever before in the initialization or implementation of Ninox projects.
· Growing its market share in the DACH region first and focusing on internationalization in Western Europe and North America.
Company: Ninox Software GmbH
Raised: €8.0M
Round: Growth Funding
Funding Month: April 2022
Lead Investors: Hi Inov and VI Partners
Additional Investors:
Company Website: https://www.ninox.com/
Software Category: Business Management Software
About the Company: Founded in 2013 and headquartered in Berlin, Germany, Ninox, the leading low-code platform provider, continues its strong growth path. Serving 6,500+ customers worldwide has specialized in this target group with its low-code platform of the same name and is registering steadily growing demand from almost all sectors. Construction, trades, and manufacturing are particularly well represented, with the focus on CRM, HR, and project management in the application areas. Ninox offers a low-code platform of the same name, which is intended to enable small and medium-sized enterprises (SMEs) in particular to easily digitize their business processes.
Source: https://www.linkedin.com/feed/update/urn:li:activity:6924945235772944384/ https://ninox.com/en-blog/low-code-provider-ninox-continues-to-grow-and-gains-new-investors-led-by-hi-inov-and-vi-partners