TIE Kinetix Raises €2.9 Million in Funding  

by Kay Aloha Villamor December 3rd, 2021

TIE Kinetix, The Netherlands-based company that delivers SaaS solutions for electronic document exchange and supply chain automation, announced that it raised €2.9 million (SEK 30M) in a fresh round of funding.

The investment came from Stockholm-based investment company Partinc Capital, which focuses on investments in SaaS companies that deliver software services for business-to-business (B2B) relationships.

Company: TIE Kinetix

Raised: €2.9M


Funding Month: December 2021

Lead Investors: Partinc Capital

Additional Investors:

Company Website: https://tiekinetix.com/

Software Category: Software-as-a-Service (SaaS) solutions

About the Company: TIE Kinetix offers Software-as-a-Service (SaaS) solutions to companies, governmental institutions, and their suppliers to help them exchange all business documents electronically, and simplify the supply chain processes. Through their cloud-based system, businesses can transfer different types of documents such as invoices, orders, and order confirmations to authorities, customers, and suppliers. The company’s software platform FLOW Partner Automation, empowers its users to engage in smart business exchanges and streamline communication through integration with any existing system. The company has customers such as the Municipality of Amsterdam, Bunzl, Revlon, and an additional 2,500 accounts. TIE Kinetix, which is listed on the Amsterdam Stock Exchange (Euronext: TIE), has offices in The Netherlands, France, Germany, Australia, and the US.

Source: https://siliconcanals.com/crowdfunding/tie-kinetix-raises-2-9m/





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