ProMark, a Denmark-based workforce management software provider, received an investment from Fortino Capital.
About Fortino Capital
Fortino Capital is a European investment company focused on fast-growing B2B software solutions. They manage two private equity growth funds and two venture capital funds. With offices in Belgium, the Netherlands, and Germany, Fortino Capital supports exceptional and ambitious entrepreneurs across Europe.
ProMark Use of Funds
The company will use the funds to expand its market presence across Europe, targeting medium and large enterprises in the manufacturing and service sectors.
About ProMark
Founded in 1981, ProMark provides cloud-based workforce management software. ProMark specializes in helping medium and large companies increase productivity and profitability. Their software solutions cover time and attendance registration, absence and task management, and workforce scheduling. ProMark serves over 400 customers across more than 20 countries, its software is utilized daily by over 300,000 employees. The company is headquartered in Denmark, with subsidiaries in Sweden, Norway, the UK, and Romania.
Funding Details
Company: ProMark A/S
Raised: Undisclosed
Round: Unknown
Funding Month: June 2024
Lead Investors: Fortino Capital
Additional Investors:
Company Website: https://promark365.com/
Software Category: Workforce Management
Source: https://promark365.com/newsroom/promark-enlists-fortino-capital-to-fuel-ambitious-european-growth-plans/