FoxBase receives €2.5 million investment
Schöck AG takes a stake in the Düsseldorf software startup FoxBase
The Düsseldorf software startup FoxBase has set itself the task of revolutionizing the sales process for products that require explanation. For this purpose, the young company has developed a software platform that radically accelerates the B2B sales process. FoxBase has now received an investment of 2.5 million euros from the building materials supplier Schöck AG. The bundling of the expertise of both companies and the investment boost should support FoxBase on the way to becoming a global standard solution for direct-to-customer sales digitization in the B2B area and establish it as a leading provider.
Together, FoxBase and Schöck would like to identify opportunities for digital solutions in the sale of products that require explanation and connect the interfaces to form a digital customer journey. FoxBase wants to use the capital to invest in the further development of the software platform, in hiring and in the marketing of the software. Schöck and FoxBase got to know each other at the digitalBAU trade fair 2022 - at that time as a potential customer of FoxBase. However, the building materials supplier was so quickly won over by the software platform that it is now also investing in the startup.
"We are very pleased about the cooperation, because with Schöck we now have a strong partner at our side to
Benjamin Dammertz, co-founder and CEO of FoxBase
to take the next big growth step at FoxBase.”
FoxBase was founded in 2016 by Carsten Dolch and Benjamin Dammertz and since then they have already convinced numerous B2B companies, from the small hidden champion to the DAX 40 group, of their solution. Now the two founders, who already employ around 40 people, want to take the digital transformation of B2B sales to the next level with Schöck AG as a new investor and partner.
