Rows Raises $16M in Series B Funding

Rows (previously dashdash), a Berlin, Germany- and Porto, Portugal-based spreadsheet for developing business tools, raised $16m in Series B funding.

The round was led by Lakestar with participation from Accel and Cherry Ventures, as well as new angel investor Christian Reber, CEO of Pitch, who joined the Advisory Board.

The company intends to use the funds to expand operations and to build out functionality.

Founded by Humberto Ayres Pereira and Torben Schulz as dashdash in 2016, Rows provides a cloud platform-based spreadsheet that allows business teams to own and automate their workflows by building apps and tools from the sheet. The platform has functionality such as integrations and publishing.

More than a thousand companies participated in Rows’ private beta, including corporates like Just Eat and startups like Chattermill, and Loyalty Prime. Businesses are using Rows for critical functions across sales, marketing and operations. Their spreadsheets automate lead generation by connecting the best online data sources to the desired CRM; automate marketing campaign reports that gather analytics data from organic or paid sources such as Google, Youtube, Twitter and Facebook; and build forms-based internal tools for teams like order management systems.

The company is also announcing its launch into public beta, enabling anyone to create an account and use the platform. The public beta follows Rows giving access to its waitlist of more than 10,000 people over the past few weeks.