Usercentrics, a Munich, Germany-based provider of user consent management solutions, raised €17m in Series B funding.
The round was led by Full In Partners with participation from existing investors Alstin Capital, Reimann Investors, and Cavalry Ventures.
The company intends to use the funds to develop a footprint in the Americas and expand go-to-market activities.
Led by Mischa Rürup, CEO and Founder, Usercentrics provides a SaaS based Consent Management Platform (CMP) solution that enables companies to collect, manage, and document user consent on all digital channels such as websites or apps – all while maintaining high opt-in rates. The solution ensures alignment between marketing, data strategy, and international data protection regulations such as GDPR and CCPA.
Over the past year, the company has quadrupled annual recurring revenue, grown headcount to almost 100 employees, and signed premier enterprise accounts including Daimler Global, Porsche, and Zalando.