Business consultants platform Comatch has raised €8 million in Series B funding led by Acton Capital Partners with participation from Atlantic Labs and btov.
Comatch is an online platform for connecting with business consultants and industry experts. The funds will be invested in further product development as well as strengthening the German company’s standing in the DACH market with a view to expanding more around Europe. It has opened an office in Paris and is entering the UK market.
“Together with the investors, the entire Comatch team has achieved a great deal over the past few years,” said cofounder Christoph Hardt (pictured). “In this respect, the significant increase in investment not only expresses exceptional appreciation of our work, it is also essential in order to continue Comatch’s growth and firmly establish the company throughout Europe as a partner for clients and consultants.”
According to the company, it has seen strong revenue growth of 850% over the last two years due to clients regularly returning to use the service.
The company previously raised €4 million in a Series A round in 2016.