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Crayon Raises $22 Million Series B To Empower Mid-Market &Amp; Large Enterprises With Competitive Intelligence

May 04, 2021

Amount Raised

$22 Million

Round Type

Series B

OsloOtherInformation TechnologySoftwareIT Management

Description

Crayon, the leading competitive intelligence platform for the enterprise, today announced a $22 million Series B financing led by Baird Capital with participation from Baseline Ventures, Bedrock Capital, C&B Capital and Oyster Funds. Crayon also welcomed Gaingels as an investor in the Series B as part of our commitment to diversity, equity & inclusion. The company’s total capital raised to date is $38 million. Crayon will use the funding to accelerate product development and expand its team

Quick answer

Crayon Group raised $22 Million in a Series B round, dated May 4, 2021. Crayon Group is based in Oslo, Oslo, Norway.

How much did Crayon Group raise?
Crayon Group raised $22 Million in a Series B round on May 4, 2021.
What does Crayon Group do?
Crayon Group specializes in software asset management and cloud services.
Where is Crayon Group based and how big is it?
Crayon Group is based in Oslo, Oslo, Norway. Fundz records about 1,400 employees.
Who are the decision-makers at Crayon Group?
Fundz holds 1 contact at Crayon Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in IT Management and Software around the same time

Companies in the same sectors as Crayon Group that raised within 45 days of this round, from Fundz verified event records.

  • Crusoe raised $128M on April 26, 2021.
  • AdWerx, Inc. raised $1.5M (Seed) on June 18, 2021.
  • Beamery raised $107M (Funding Round) on June 18, 2021.
  • TRM Labs raised $14M (Series A) on June 17, 2021.
  • Fiddler AI raised $32M (Series B) on June 17, 2021.
  • Foundries.io raised $8M (Series A) on June 17, 2021.

Who to call at Crayon Group, and when

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Company Information

Company

Crayon Group

Location

Gullhaug Torg 5 0484 Oslo

Oslo, Oslo, Norway

About

Crayon Group specializes in software asset management and cloud services. The company provides solutions that help organizations maximize their IT investments and optimize software spend. With a focus on cloud transformation, Crayon helps clients navigate complex licensing agreements.

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Related People

1 contact
Verified contacts10 people are listed at Crayon Group. We don't have their email yet.See plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Crayon Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.