B2B SaaS developer Workpath closes multi-million euro funding round
Munich-based company Workpath has received a new investment of several million euros from German investors signals Venture Capital and existing one High-Tech Gründerfonds for the further growth, reports signals Venture Capital in its Medium blog.
Workpath, founded in 2017 by CEO Johannes Müller, Thomas Obermüller and Pascal Fritzen, is an enterprise software provider that uses Objectives and Key Results (OKRs) to help companies flexibly and effectively execute their strategy. The software is based on management approaches around agile and new work and was specially developed to help teams with the transparent and efficient definition, coordination, and pursuit of goals.
In addition to the software, the company also offers training, interactive learning formats and events, as well as a network of experts and consultants. Its customers already include such companies as SAP, Scout24, Metro, and Hella.
Signals Venture Capital is a Seed and Series A phases German investor with a focus on B2B software-centric business models across many enterprise segments. High-Tech Gründerfonds is a Seed investor that finances high-potential, tech-driven startups.