Bryter raises $66 million

The software start-up Bryter was able to close its third financing round within a short period of time. This apparently brings the start-up to a valuation of 400 million US dollars.

In November 2019, there was six million US dollars, with another 16 million US dollars added in June 2020. Now, startup Bryter has announced the closing of another funding round. 66 million US dollars it is said to have raised with it, as it announced in advance in the Frankfurter Allgemeine Zeitung announced.

Actually, Bryter had no intention of launching a new round of financing, but the New York-based fund Tiger Global approached them with its offer on its own initiative, founder Michael Grupp told Gründerszene. The existing investors Accel, Dawn Capital, Notion Capital and Cavalry Ventures have apparently also invested. According to calculations by the Frankfurter Allgemeine Zeitung , the new round of financing makes the start-up worth 400 million US dollars.

Bryter has developed software that allows companies to convert their analogue services into digital applications without having to program. The company, which launched two years ago, targets legal and compliance departments. primarily of large companies. Clients include global brands such as McDonald's and ING, as well as accounting firms Deloitte and KPMG.

Like it? Please spread the word:


Startups, Stories und Statistiken direkt in dein Postfach. Mit 2 Klicks abonnieren. Noice.

LinkedIn Connect

Take care, give care

Hat dich diese News informiert oder unterhalten? Dann würden wir uns freuen, wenn du deinem Netzwerk davon erzählst.

Auf Linkedin teilen Auf Facebook teilen Auf Xing teilen

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?

Go to English edition

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?

Deutsche Edition öffnen

Similar posts