Arkyn Raises EUR 3.8M in Seed Funding

Arkyn

Arkyn, a Copenhagen, a Denmark-based SaaS startup focusing on creating apps for enterprises using SAP and a middleware that enables integration with the customers’ on-premise SAP installation, raised €3.8M in Seed funding.

The round was led by Trifork Labs.

The company intends to use the funds to further product development, sales and marketing activities across Europe targeting enterprises within manufacturing and railway as well as re-selling partners like Trifork or ATEA.

Led by CEO Nicolai Elmqvist, Arkyn delivers pre-developed iOS apps and a platform that fits on top of SAP’s processes like plant maintenance, customer service and field service. Arkyn’s app suite currently consists of four apps used by field technicians within the manufacturing and railway industry.

  • FastAssets deliver valuable insights about the maintenance history in a production line or on a railway,
  • FastFieldwork helps technicians understand and report their work on location through features like speech to text,
  • FastTime enables simple time registration, and
  • FastForms is a tool to replace paper forms or excel sheets that are still widely used across industries due to lack of alternatives.

All apps are connected to Arkyn’s platform that enables real-time synchronization of data with the customers’ local SAP installation.

FinSMEs

02/05/2022