CheckHub, a Brussels, Belgium-based Software-as-a-Service (SaaS) provider in document management, raised €1 million in funding.
The round was led by existing shareholder Cofinpar, with participation from the majority of existing shareholders and three new investors.
Cofinpar is a family-owned group that operates in the real estate and automotive sectors. The company's main services include real estate development and the distribution of automotive spare parts, as well as operating Volvo and Mercedes-Benz dealerships. Cofinpar primarily serves the real estate and automotive industries. It was founded in 1948 and is based in Namur, Belgium.
CheckHub Use of Funds
The funding will be used to expand the company's presence in international markets and invest in technological innovation.
CheckHub provides a cloud-based platform that automates manual tasks related to the constitution of files during employees, customers, or users' onboarding. CheckHub offers advanced solutions to businesses and institutions to optimize the exchange of documents with employees, clients, and citizens while creating files. The solution enables the collection, validation, filling, signing, and conversion of documents and forms, ensuring that these time-consuming tasks are no longer sources of errors and wasted time. Among its clients are staffing companies such as Randstad, Trixxo, and ASAP, as well as hospitals such as Cliniques de L’Europe, CHIREC, UZ Antwerp, and Erasmus Hospital.
Company: CheckHub Srl
Funding Month: October 2023
Lead Investors: Cofinpar
Company Website: https://www.checkhub.io/
Software Category: Document Management