Nordantech Solutions, a Hamburg, Germany-based company that develops and distributes Falcon – an intelligent project management tool for business transformations, raised financing from High-Tech Gründerfonds.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its business reach.
Co-founded by Arne Brenneisen, Christian Kuhs and Dr. Jonas Steeger, Nordantech provides Falcon, a web-based intelligent project management software platform that makes it possible to manage, plan and report complex projects simultaneously (acquisition, expansion, turnaround or digitization projects) for several companies.
Since Falcon’s first live test at the end of 2016, Nordantech has already generated six-figure revenues and entered into partnerships with various international companies. Customers include medium-sized companies from various industries, as well as investment companies and consulting firms.