riskmethods Receives USD$2M in Growth Capital

riskmethodsriskmethods, a Munich, Germany-based provider of a comprehensive supply chain risk management solution, received USD$2m in growth capital.

The round was led by Senovo with participation from existing investors Bayern Kapital and Point Nine Capital and business angels including Alexander Bruehl.

The company intends to use the funds to extend its existing portfolio, increase personnel in the sales and software development areas, and further strengthen internationalization efforts in European core market and in the USA.

Led by Rolf Zimmer, Managing Director and Co-founder, riskmethods provides companies with a SaaS-based comprehensive supply chain risk management solution for proactive monitoring and assessment of risks in the supply chain. It features an early warning system for potential risk, which ensures that proactive steps can be taken to avoid supply interruption, enforce compliance and protect the corporate image.



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