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Unquote
  • Expansion

Notion leads $36m series-B for Dixa

  • Mariia Bondarenko
  • Mariia Bondarenko
  • 04 February 2020
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Notion Capital has led a $36m series-B funding round for Dixa, a Danish developer of customer relationship software.

The round also saw participation from existing investors, including Project A Ventures and Seed Capital.

Dixa's founders have reduced their combined stake by 15-20% in conjunction with the round, according to Danish publication Borsen.

Dixa

  • DEAL:

    Expansion

  • VALUE:

    $36m

  • LOCATION:

    Copenhagen

  • SECTOR:

    Software

  • FOUNDED:

    2015

  • STAFF:

    120

The fresh capital will be used to accelerate the company's product development and innovation in regard to handling data and integration, and to expand the product and engineering teams in Europe. Dixa plans to employ another 80 staff members, as well as open an office on the east coast of the US.

Previous funding
In 2018, Seed Capital and private investors, including local angel investor Preben Damgaard, invested $1.8m in Dixa.

Subsequently, Project A Ventures led a $14m series-A funding round for Dixa in 2019. Seed Capital also participated.

Company
Founded in 2015, Dixa is a Danish cloud-based customer service software company; it includes telephone, email and chat systems powered by human and artificial intelligence. The business is based in Copenhagen. It employs 120 people across five offices, in Copenhagen, London, Berlin, Kyiv and Lviv. Borsen estimated Dixa to be worth around DKK 1bn (€134m). 

People
Dixa – Mads Fosselius (co-founder, CEO).
Notion Capital – Jos White (general partner).

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  • Notion Capital
  • SEED Capital
  • Project A Ventures
  • Venture

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