German SaaS startup Ryte raises €6.5 million to expand internationally

Ryte tech.eu
Annie Musgrove

Annie Musgrove

annelise@tech.eu

Ryte, the Munich-based website quality management platform, has raised €6.5 million to prepare for international expansion. The round was led by Octopus Investments’ Development Capital team, part of Octopus Group, with support from SEK Ventures, the Flixbus founders’ investment firm, as well as Mayflower and some existing shareholders.

Founded in 2012 originally as an SEO tool (Onpage.org), the Munich-based company pivoted in 2017 to become a SaaS tool for website quality. The business was renamed to Ryte and raised a €4.9 million seed round to fuel the new direction.

Today the platform serves about 1,500 clients, including big names such as BMW, Allianz, and Boston Consulting Group. 

Co-founder Andy Bruckschlögl commented, “This investment will enable us to pursue our goal of making it simple for anyone worldwide, from global brands to small business owners, to make their website the best it can be.”

Photo: Ryte co-founders Marcus Tandler, Niels Doerje and Andy Bruckschlögl

Share this:
Share on linkedin
Share on facebook
Share on twitter

Get exclusive access to news, data and actionable insights on the European Tech innovation ecosystem(s)

By subscribing to Tech.eu, you gain instant access to curated European technology news, market intelligence and interviews with leading startup founders, investors and more. Sign up now in under a minute to deepen your knowledge on the European Tech innovation ecosystems on a daily basis.