{"id":24941,"date":"2025-01-09T07:32:22","date_gmt":"2025-01-09T07:32:22","guid":{"rendered":"https:\/\/www.cplace.com\/?page_id=24941"},"modified":"2025-01-09T08:09:53","modified_gmt":"2025-01-09T08:09:53","slug":"cplace-secures-growth-funding","status":"publish","type":"page","link":"https:\/\/www.cplace.com\/en\/company\/news\/cplace-secures-growth-funding\/","title":{"rendered":"news &#8211; cplace Secures Growth Funding to Drive Innovation and Market Expansion"},"content":{"rendered":"<!--Start Small Stage -->\n\t\t<section class=\"snk-stage snk-stage_small snk-section snk-section_slim snk-section_dark\">\n\t\t\t<div class=\"container\">\n\t\t\t\t<div class=\"row\">\n\t\t\t\t\t<div class=\"col-12 col-md-6\">\n\t\t\t\t\t\t<div class=\"snk-stage-copy\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"snk-roofline\">New Strategic Partnership<\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<h1>cplace Secures Growth Funding to Drive Innovation and Market Expansion<\/h1>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"col-12 col-md-6 snk-stage-mediaCol\">\n\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.cplace.com\/wp-content\/uploads\/2025\/01\/cplace_press_Level_Equity_Teaser-2.jpg\" alt=\"\" title=\"cplace_press_Level_Equity_Teaser-2\" \/>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\n\n\t<section class=\"snk-section snk-section_slimOnSingle\">\n\t\t<div class=\"container container-sm\">\n\n\t\t\t\n\t\t\t\n\t\t\t\t<div class=\"row snk-textColumns\">\n\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"col col-12 snk-textColumn\">\n\t\t\t\t\t\t\t<div class=\"snk-textBlock snk-textBlock_slim\">\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p><strong>Munich\/New York, January 9th, 2025 \u2013 collaboration Factory AG, provider of cplace, the enterprise project and portfolio management platform, announced a strategic growth investment from Level Equity, a leading global growth equity firm, today. The goal of the strategic collaboration is to propel Munich-based software provider&#8217;s innovation and to accelerate its expansion strategy.<\/strong><\/p>\n<p>The flexible and customizable project and portfolio management (PPM) platform supports global brands from various industries with intricate and multi-faceted project management needs. The software solution enables leading companies to easily design customized solutions for their specific requirements themselves.<\/p>\n<p>This investment will enable cplace to strengthen and accelerate growth, leveraging funds to scale the business, expand into new geographic and vertical markets, and enhance its product offerings for its customers. cplace customers can expect accelerated innovation and advancement of the platform in solving for their PPM needs and the service quality they\u2019re familiar with will remain unchanged.<\/p>\n<p>Level Equity has deep experience in partnering with high-growth, founder-led software companies like cplace, and has expertise in SaaS products like cplace that are built for streamlining complex workflows, resource planning, and strategic initiatives. Level brings extensive experience in working with European companies and will provide valuable insight and an extensive network to drive international growth.<\/p>\n<p>cplace CEO and founder Dr. Rupert Stuffer: &#8220;We are very pleased to welcome Level Equity as a strategic partner. This partnership will not only strengthen us financially but will also bring valuable expertise and an expanded network to the company. With Level, we gain a highly experienced partner who has a strong track record in supporting SaaS companies and a long tradition of working with international companies looking to expand into the US market. We are confident that through this growth financing, we can realize our long-term vision and develop even more innovative solutions for a wider customer base.&#8221;<\/p>\n<p>Gautam Gupta, Partner at Level Equity, adds: &#8220;As product and project environments become increasingly complex, the market\u2019s demand for the next generation of enterprise-grade workflow software has accelerated. cplace\u2019s management has an impressive vision to address the market\u2019s need, a track record of customer-centric innovation and service and all the ingredients we look for to drive accelerated and sustainable growth. We\u2019re excited to back Rupert, Hartmut and the exceptional management team they have built and to support the company in its next phase of growth.&#8221;<\/p>\n<p>As part of the transaction, collaboration Factory will transition its legal form from a stock corporation (AG) to a limited liability company (GmbH).<\/p>\n<p>&nbsp;<\/p>\n<p><strong>About Level Equity<\/strong><br \/>\nLevel Equity is a private investment firm focused on providing capital to rapidly growing software and technology-driven businesses. Level provides long term capital across all transaction types in support of continued growth. The firm has raised $3.1 billion in committed capital and has backed over 100 companies since inception. For more information about Level Equity, visit <a href=\"http:\/\/www.levelequity.com\" target=\"_blank\" rel=\"noopener\">www.levelequity.com<\/a><\/p>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<\/div>\n\t<\/section>\n\n\t\n\n\n\n<!-- { default } -->\n<!-- { default } -->\n<!-- {  snk-section_noBtm } -->\n\t<section class=\"snk-section snk-section_slimOnSingle snk-section_noBtm\">\n\t\t<div class=\"container\">\n\t\t\t<div class=\"snk-textBlock\">\n\t\t\t\t\n\t\t\t\t\t\t\t\t<h2>Press Information<\/h2>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t<\/section>\n\n\t\n\n\n<section class=\"snk-section snk-section_slim\">\n\t<div class=\"container\">\n\t\t\n\t\t\n\n\t\t\t\t<div class=\"snk-banner snk-banner_imgLeft snk-bg_blue\">\n\t\t\t<div class=\"snk-banner-wrapper\">\n\t\t\t\t\t\t\t\t<div class=\"snk-banner-image\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.cplace.com\/wp-content\/uploads\/2023\/08\/cplace-sky-banner-julia-gerstner.jpg\" alt=\"Julia Gerstner, PR Manager\" title=\"Julia Gerstner\" \/>\n\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"snk-banner-text\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"snk-roofline\">\n\t\t\t\t\t\t\tHi, I&#8217;m Julia!\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t<h2 class=\"snk-h1\">\n\t\t\t\t\t\t\tHow can I help you?\t\t\t\t\t\t<\/h2>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"snk-banner-desc\"><p>Julia Gerstner<br \/>\nCommunications &amp; 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