Dutch, Trengo, a Next-generation inbox, raises €1.75 million to fund European growth

Team Messaging Feb 28, 2020
Dutch, Trengo, a Next-generation inbox, raises €1.75 million to fund European growth

Utrecht-based Startup Trengo raises €1.75 million investment led by venture capital fund Peak Capital to scale it's next-generation team messaging inbox platform.

Founded in 2017 by Patrick Meutzner and Marcel van de Weerd, Trengo is a B2B SaaS startup that makes it easy for customer-facing teams to collaborate and handle conversations through a SaaS platform that aggregates client communication channels such as Facebook, Whatsapp, voice, and web chat into a shared team inbox.

Johan van Mil, co-founder and managing partner of Peak Capital, said :”There is a tremendous growth of new communication channels in the client communication market, from live chat to Instagram. While there are solutions focused on improving one specific channel, Trengo stands out by enabling brands to efficiently handle conversations across all of these different platforms. We are impressed by the team and their ability to rapidly develop their product. More impressive still is the fast growth the Trengo team achieved without raising external investments.”

Patrick Meutzner, co-founder of Trengo, said: “We have been fully bootstrapped since day one, driven by an awesome culture and a great team. We were not actively looking for funding, since our business is growing fast and we are already profitable. However, as we got to know Peak Capital, we were impressed by their knowledge and experience of how to scale our business even further. With our ambition of scaling Trengo internationally, we found the perfect partner in Peak Capital to support us in our journey.”

The new funds will be used to expand the current sales and marketing team, further product development, and improve the platforms position in the Netherlands, while driving expansion across Europe.

Glen Smale

Glen Smale is a full stack software engineer, entrepreneur and content editor @bundupress. When not writing about tech startups and software trends he works on software projects

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