Prodlane, a Germany-based SaaS platform for data-driven product management in the manufacturing industry, has raised €760,000 in pre-seed funding round.
The round was led by a Swiss family office with an industrial background, with participation from S2S Ventures AG and several business angels from the industry, product management, and HR.
Prodlane will use the funding to expand its sales and development team and enter the market.
Carolin Maier, CEO & Co-Founder of Prodlane, added, “Our SaaS platform will help industrial companies to significantly optimise product management processes. Our target group is troubled by outdated software and we are looking forward to transforming the market! The funding round is an important step for us to bring the product into the market. I am proud of our strong team and look forward to the journey ahead!”
Prodlane’s SaaS platform is an industrial company’s collaborative workspace for product and project management.
Prodlane aims to revolutionize product management in industrial companies. It builds software that accelerates the development process by integrating different data sources, reduces unnecessary administrative effort, and enables better decision-making.
Company: Prodlane GmbH
Round: pre-Seed Round
Funding Month: December 2022
Lead Investors: Swiss family office
Additional Investors: S2S Ventures AG
Company Website: https://prodlane.io/
Software Category: Product Management
About the Company: Prodlane was founded by Moritz v. Hammerstein, Mathias Jakob, and Carolin Maier in 2021 in Leipzig, Germany, and was a part of the last HHL Spinlab Accelerator batch. Prodlane is the data-driven workspace for industrial product management and development. The software enables data-driven decision-making and creates connected and fully traceable project documentation. It enables medium- and large-sized companies to achieve lean process execution and intelligent knowledge management. The company provides a collaborative workspace, guides the development process, and connects the content with the underlying data. Prodlane has 15 team members comprising 20%. The team members belong to nationalities such as Germany, Switzerland, Pakistan, Brazil, and Turkey.