Workpath completes Series A

The SaaS start-up raises more than ten million euros. The money is to be used to rapidly expand its own software offering.
News by Lars-Thorben Niggehoff Lars-Thorben Niggehoff · Stuttgart, 10. September 2021

The SaaS start-up raises more than ten million euros. The money will be used to rapidly expand its own software offering.

Workpath has successfully completed its Series A financing round. The Munich-based SaaS start-up has received a total of 10.5 million euros. The money comes from VCs Capnamic Ventures and Iris Capital, as well as from existing investors Signals Venture Capital and High-Tech Gründerfonds.

Workpath offers a platform for strategic corporate management. The company was founded in 2017 by Johannes Müller. Its offering is based on the principles of agile working. Its customers already include large companies such as Bosch, E.on and Ströer.

With the new money, Workpath wants to become the operating system for industrial companies. "To this end, we will primarily invest in the further development of our software platform, the establishment of a unique customer success organization and the development of new markets," Müller told VC Magazine.



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