FoxBase receives EUR 2.5 million investment
Marc Nemitz
| 05.05.2023
FoxBase from Düsseldorf receives an investment of 2.5 million euros from Schöck AG. The software startup has developed a platform that accelerates the sales process for products in need of explanation in the B2B sector.
FoxBase specializes in simplifying the B2B sales process. Through their software solutions, such as the Digital Product Selector, customers can quickly and easily get to their desired product and sales become more efficient.
With Schöck, we now have a strong partner at our side to take the next big step in FoxBase's growth.
Benjamin Dammertz, Co-Founder & GF FoxBase
The two companies met at the digitalBAU trade fair 2022, when Schöck was potentially interested in FoxBase as a customer. But instead of just becoming a customer, Schöck decided to invest in the startup as well because of the software platform.
They want to find solutions together and improve the interfaces to a digital customer journey. FoxBase will receive the investment from Schöck to further develop the software platform, expand the team and drive marketing.
FoxBase was founded in 2016 by Carsten Dolch and Benjamin Dammertz. The company now employs 40 people and was even able to convince a DAX-40 company of its product.
About Schöck AG
Schöck AG is a German company based in Baden-Baden that specializes in the development and production of thermal and acoustic insulation, reinforcement and structural components. The company was founded in 1962 and now has subsidiaries and representatives in more than 25 countries worldwide. Schöck is primarily active in the construction industry, supplying both residential and commercial construction. Since 2020, they introduced a specialized digitalization division.
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