Netigate AB (“Netigate” or the “Company”), a leading experience management platform, announced that it will partner with GRO Capital (“GRO”). GRO becomes a majority investor in the Company and through this investment, Netigate will accelerate the Company’s product vision and international growth.
Netigate provides a cloud-based experience management platform that allows customers to collect, analyse and take strategic action on insights gathered from their two most valuable assets – their customers and employees. As a fast-growing SaaS company, Netigate supports +1,500 global customers from their offices in Germany, Sweden, Norway, and Poland.
Since its foundation in 2005, Netigate has grown from an employee and customer journey consultancy provider into an established SaaS experience management provider with +150 employees across 5 offices in Stockholm (HQ), Oslo, Warszaw, Berlin and Frankfurt. The Company has seen rapid growth since inception and GRO partners with Netigate at an important inflection point in the Company’s growth journey, as the management team is proving commercial traction with new initiatives and has embarked on an exciting operational excellence journey, positioning the Company for a sustainable growth journey.
Mikkel Drucker, CEO of Netigate, said: “Netigate is currently on an exciting journey to become Europe’s leading experience platform in the mid-market. With the increasing competition for both talent and customers, capturing and acting on feedback across the entire employee and customer journeys is essential for companies’ competitiveness and survival. With GRO, we now have strong support and investment to further our goal of being the leader in the mid-market.”
Lars Lunde, Partner at GRO, comments: “We are convinced that the experience management category will only be of increasing importance in the future for companies to continuously improve customer experiences and protect talent. Netigate has created a highly scalable experience management platform which, today more than ever, is poised for growth through extensive product innovation and focused go-to- market efforts. We are thrilled to support Netigate’s long-term growth and leverage GRO's operational and software expertise to capitalize on this rapidly growing market opportunity.”
Tom Nyman, Chairman of Netigate, adds: ”I am very pleased that GRO, one of the leading SaaS investors in Northern Europe, has become a large investor in Netigate. With their support, we can accelerate our vision of becoming a leading experience management platform giving users a much more holistic understanding of their company’s performance. I truly believe that the combination of the Netigate team, GRO and the remaining investors will make Netigate an extraordinary company.”
For more information, please contact:
Mikkel Drucker, CEO
Lars Lunde, Partner
Netigate is on a mission to release the full potential in people and organizations through feedback. By offering a complete solution for both customer and employee feedback, Netigate is the obvious choice for market-leading organizations. Netigate offers a powerful and flexible tool to collect feedback from the ones who matter the most – employees and customers.
Netigate has offices in Stockholm, Oslo, Frankfurt, Berlin, and Warsaw. Today, Netigate serves a diverse and globally distributed customer base that includes +1,500 clients
For further information about Netigate please visit: www.netigate.net and www.linkedin.com/company/netigate
GRO is a leading North European private equity fund with an exclusive focus on mature B2B software and tech enabled companies with strong growth prospects. GRO Capital serves as active owners developing portfolio companies with a view to create long-term value. The partners behind GRO have been investors in more than 25 technology and software related companies, and GRO has approximately EUR 1bn in AUM.
For further information about GRO please visit: www.grocapital.dk and www.linkedin.com/company/gro-capital