Anyline Raises Multi-Million Euro Investment to Continue Expansion
PUSH Ventures are joining with new investors, Senovo, to provide Anyline with a cash injection to fund our growth and expansion as an international business. We have received two million euros to help meet the demands of our fast-growing market.
In recent years, have established ourselves as a market leader in our field with our AI-based OCR technology. We have greatly expanded the application of cross-industry scanning solutions and enabled the highest recognition rates in real-time for documents and objects under the most diverse conditions.
From government agencies to industrial and logistics companies and even energy providers, dozens of industries have been able to digitize analog information and replace error-prone processes with our mobile scanning solutions. With more than 150 enterprise customers worldwide, Anyline is already being used today by companies such as Canon, Porsche, Swisscom, and IBM.
Senovo Supports Anyline in Expanding Market
In order to serve the growing demand of the markets in full, we’re pleased to receive a financial injection from the Munich VC fund Senovo.
In 2018, we were able to triple our turnover for the third year in a row. We have a 7-figure annual turnover, based on a six-figure MRR.
Senovo Joins Existing Investors at Anyline
All current Anyline investors have reinvested. And in addition to Hansi Hansmann, Hermann Hauser, Bernhard Niesner, and the Gernot Langes Swarovski Foundation, some of Europe’s most successful business angels. Lukas Püspök (PUSH Ventures) has also made a significant investment.
Senovo – B2B Saas Experts
Senovo is a Munich and Berlin-based early-stage venture capital fund with a focus on B2B SaaS investments. The Senovo team believes that SaaS should be the dominant model for delivering software and is thrilled about the great market opportunities which are continuously created by the secular shift towards SaaS. Senovo funds outstanding entrepreneurs and teams building world-class products and generally get involved soon after product launch.