Digital+ Partners leads €13.5m series-B for Riskmethods

Existing investors EQT Ventures, Senovo and Bayern Kapital also took part in the new round, which brings the total equity capital raised by Riskmethods to date to more than €20m.

The fresh funds will be used for further product development and international expansion. The company has already opened an office in Boston and plans to double its workforce by the end of the year.

Previous funding
In January 2014, Bayern Kapital and Point Nine Capital invested in a seed round for Riskmethods, acquiring a minority stake for €900,000. In November the same year, both VCs reinvested alongside Senovo to provide an extra €1.8m in a series-A round. An additional funding round of €4.6m was then held in February 2016. 

Company
Headquartered in Munich and founded in 2013, Riskmethods is a supply chain risk management provider, assessing risk in companies' supply chains. It also provides an early warning system for potential risks with its software-as-a-service package Social Supply Risk Network. The company operates in Germany, Switzerland and the US, with clients including Bosch, Belimo and the Kardex Group.

People
Digital+ Partners – Dirk Schmücking (partner).
EQT Ventures – Marnix van der Ploeg (partner).
Riskmethods – Rolf Zimmer (CEO).

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