1.5 million euros for Sawayo
Nils Wischmeyer
| 26.02.2021
The start-up wants to convince medium-sized customers with its compliance software. This has apparently worked with the investors.
Especially in small and medium-sized enterprises (SMEs), compliance is often a topic that falls under the table alongside daily tasks. At least that's what the three founders Benjamin Reif, Andreas Wieczorke and Bjarne Wilhelm believe. With their start-up Sawayo, they want to fill exactly this gap.
Now they could also inspire investors with this idea. The Mittelständische Beteiligunggsgesellschaft MV (MBMV) and several angel investors have invested a total of 1.5 million euros in a seed round in the start-up from Rostock.
The start-up's software is designed to help SME owners with compliance-related issues. According to its own information, this includes working time recording, internal document management and deadline monitoring, for example of subscriptions or contracts. The founders undoubtedly have big plans. "We want to create the European market leader for compliance management in SMEs" , says CEO Benjamin Reif.
Newsletter
Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.
LinkedIn ConnectTake care, give care
Did this news inform or entertain you? Then we would be happy if you tell your network about it.
Share on Linkedin Share on Facebook Share on XingRelated companies
Startup
2020
Rostock
Sawayo
All-in-one solution to meet legal requirements
FYI: English edition available
Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?
FYI: Deutsche Edition verfügbar
Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?
