FoxBase receives EUR 2.5 million investment
FoxBase from Düsseldorf receives an investment of 2.5 million euros from Schöck AG. The software start-up has developed a platform that accelerates the sales process for B2B products that require explanation.
FoxBase specializes in simplifying the B2B sales process. Its software solutions, such as the Digital Product Selector, enable customers to find their desired product quickly and easily, making sales 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 in 2022, when Schöck was potentially interested in FoxBase as a customer. But instead of just becoming a customer, Schöck decided to invest in the start-up because of the software platform.
The aim is 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 forward 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 manufacture 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 the residential and commercial construction sectors. A specialized digitalization division was introduced in 2020.
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