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 excitingjourney to become Europe’s leading experience platform in the mid-market. Withthe increasing competition for both talent and customers, capturing and actingon feedback across the entire employee and customer journeys is essential forcompanies’ competitiveness and survival. With GRO, we now have strong supportand investment to further our goal of being the leader in the mid-market.”
Lars Lunde, Partnerat GRO, comments: “We are convinced that the experience management categorywill only be of increasing importance in the future for companies tocontinuously improve customer experiences and protect talent. Netigate hascreated a highly scalable experience management platform which, today more thanever, is poised for growth through extensive product innovation and focusedgo-to- market efforts. We are thrilled to support Netigate’s long-term growthand leverage GRO's operational and software expertise to capitalize on thisrapidly growing market opportunity.”
Tom Nyman, Chairmanof Netigate, adds: ”I am very pleased that GRO, one of the leading SaaSinvestors in Northern Europe, has become a large investor in Netigate. Withtheir support, we can accelerate our vision of becoming a leading experiencemanagement platform giving users a much more holistic understanding of theircompany’s performance. I truly believe that the combination of the Netigateteam, GRO and the remaining investors will make Netigate an extraordinarycompany.”
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
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.