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Hamburg Startup Airfocus Raises $7.5M For Product Management Platform

Jan 11, 2024almost 2 years ago

Amount Raised

$7.5 Million

HamburgInformation Technology

Investors

Picea CapitalRiverside Acceleration CapitalNautaX AngeNewion

Description

This week, Hamburg-based startup airfocus closed a $7.5 million fundraising round, bringing the company’s total funding close to $15 million

Company Information

Company

airfocus

Location

Hamburg, Hamburg, Germany

About

airfocus is the AI-powered product management and roadmapping platform that keeps complex product teams and stakeholders aligned – no matter how differently they operate. airfocus, now part of Lucid Software, helps product teams bring their roadmaps, prioritization and customer insights under one roof, streamlining decision-making, and connecting strategy with execution. Trusted by global product teams at Ricoh, GoodYear and Wago, airfocus gives product teams the flexibility and clarity to build the right products.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers