Stavanger, Tuesday, September 26th – Corporater AS and ETF Partners today announce a €6m growth equity investment by ETF Partners in Corporater, a Norwegian software company that delivers a highly flexible management platform to businesses and organisations around the globe. The platform is used by organizations ranging from Fortune 500 companies, government agencies to global consulting firms. Corporater’s software platform enables the enterprise to see through the growing volumes of data now being collected to enable the C-Level suite to make the right strategic decisions, and then to ensure that those decisions are carried out by the organisation.
By breaking away from a ‘one size fits none’ model, Corporater works effectively for a variety businesses without compromising on functionality, and evolves with a changing organisation. Corporater’s customers can then focus on outcomes, using the platform to automatically tie together analytics, planning and execution – mirroring how people and teams, work together. Notable customers include; Emaar, Norwegian Parliament, NTPC, E-On, Petro Rabigh, SeaDrill, Norwegian Tax Authorities, Punjab National Bank and the Norwegian Environmental Authorities.
Rob Genieser, Managing Partner, ETF Partners commented: “Corporater’s software ensures that managers can drive strategic change and make a difference. It is a great product, with huge market potential. We can also support them with their additional objective of using their solution to help drive sustainability into global organisations, and are keen to do so!”
Tor Inge Vasshus, CEO, Corporater said: “We have grown our business 45% per year, largely from our own internal resources. External investment will help us expand even more rapidly. We did not chose ETF Partners just because of their recent success with SaaS businesses. We also chose them, because ‘why’ we are doing this, is just as important to them as ‘how’. We at Corporater want to help management teams build better businesses, and being able to understand and act on information is fundamental.”
About ETF Partners
ETF Partners supports talented entrepreneurs and management teams with investment capital and experience. Their funds come from institutional investors, global corporations and family offices. They create value by investing in technology companies that make a difference. They call it ‘sustainability through Innovation’.
Corporater is a global software company that empowers medium and large organisations to evaluate, manage, and continually improve business performance by providing a business management platform that adapts to client’s unique business model, out of the box.