COYO secures double-digit million Euro funding for international expansion

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arrow-right All posts Published on 17.11.2020

We are proud to officially announce that we have signed a binding agreement for a double-digit million Euro growth financing. 🎉 As you may have seen in our 10-year anniversary videos, this is the first financing since our founding in 2010, meaning that COYO was built and developed as a company without external financiers. But now we are taking a new, important step in our COYO history and welcome our investor Marlin Equity Partners, an investment company from the USA, which is specialized in software vendors.


And what happens now?

Our mission is: We give companies a Digital Home that is loved by its users. And this will not change in the future - on the contrary: The goal of the investment is to expand our product portfolio and our strong position in the DACH region and furthermore to drive international growth. With Marlin Equity Partners we now have an experienced strategic partner at our side to support companies and their employees even better in their daily work life. 🤝

Our founder and CEO Jan Marius Marquardt sums it up: "We are very pleased to have Marlin on board with immediate effect as a strong partner who will invest together with us in the expansion of our platform and drive forward our international expansion. Over the past few months we have realized how important good internal communication – and therefore COYO – is for the business success of our customers. Now we feel even more prepared to support more companies internationally in the future to adapt to the rapidly changing working environment. Marlin not only provides us with capital for our plans, but also provides us with strategic support on an international basis. Because they are equally convinced of the potential of our products, they are the perfect partner for us".

And that leaves us with only one thing to say: We are very much looking forward to the future and working with Marlin! 🎉


👉🏻 If you have any questions on this topic, please contact our PR Manager Sarah Mag by e-mail.

 

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Author

• Sarah Mag •

Sarah works for COYO as a PR manager and is passionate about all topics linked with communication and media. In her blog she reports on exciting COYO and product news.

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