Falcon Social, the Copenhagen-based startup has just secured an investment of €15 million to help it’s growth in the German and US markets, from Prime Ventures, Target Partners and NorthCap Partners (Update – July 2023: The startup seems to be no longer in business under this website, and we therefore deactivated the original link).
Both Target Partners and NorthCap Partners had previously invested into Falcon Social before, bringing the company’s total financing to date to $25.33 million.
Their product is a SaaS platform that allows marketing departments to create, launch and measure social media campaigns in real time. Having only been in business a few years, the startup has impressively already collected more than 10,000 users in over 400 companies, including big name brands such as Coca Cola, Carlsberg, Jaguar and WWF.
The young company has been growing fast in terms of its team as well, going from 16 to 180 employees, spanning 38 nationalities, over just 2 years. Most of their team is sitting in Copenhagen, but since 2014 they have also hired a dozen employees in New York. At the moment, they are not considering an exit.
By the way: You can find out about other interesting startups from Denmark in this list.
