kompany, the Austrian based Internet Start-up that provides easy access to verified international business information, raises fresh capital for expansion and expects operating break-even in 2014
Over the past two years, kompany.com has revolutionized the market for company information with real-time data solutions. The 3rd funding round was lead by existing shareholder LIVAG GmbH of Industrialist Norbert Zimmermann (Berndorf AG) and the new shareholder and institutional business angel AC & Friends.
Today kompany already offers a free company search with instant access to verified and official information on 21 million companies from 25 countries and plans to use the fresh capital to expand into Eastern Europe and the USA, and will accelerate the product development for Verify360 and the European Company Identity Card.
Existing and new investors: The capital increase is carried by the existing business angels, led by LIVAG GmbH controlled by the family of Norbert Zimmermann, which increased its stake to just under 12%. The new shareholder joining kompany is AC & Friends GmbH, an institutional business angel founded by Christopher Grabher and Andreas Schuster.
Source: Kompany Press Release