IntegrityNext Raises $107,335,000 in Funding from EQT Growth for its Supplier Qualification and Monitoring Platform
March 25, 2023
IntegrityNext, a Munich, Bavaria-based Information Technology & Services start-up, has raised $107,335,000 in funding from EQT Growth. The company provides procurement organizations with a platform to qualify and monitor suppliers to improve sustainability and compliance, meet customer demands and regulatory requirements, and avoid potential reputational risks.
The IntegrityNext platform comprehensively analyzes a company's supplier base, covering 25+ environmental, social, and governance topics tailored to the company's industry, risk areas, and objectives. Companies in over 130 countries, including industry leaders such as Infineon Technologies, Clariant, Miele, OSRAM, DMG MORI, Fresenius Medical Care, Swiss Re, and Deutsche Börse, have adopted the platform.
The platform automatically obtains the required supplier self-assessments and certificates.
It monitors social media for malpractice and reputational risks, helping organizations avoid potential issues and maintain their reputation. For more information on IntegrityNext, visit our latest funding round: https://founderlodge.com/round/IntegrityNext-raises-107335000-Unknown-2023-03-24-Martin-Berr-Sorokin-MTE0MTc.