# Jedox

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jedox

- Industry: Software
- Headquarters: Freiburg im Breisgau, Germany
- Website: www.jedox.com
- Total disclosed funding: $15M
- Latest round: Series B (Jan 1, 2009)
- Investors on record: 2

## About

Jedox GmbH is a Germany-based provider of SaaS financial planning and performance management solutions, specializing in AI-driven analytics to enhance decision-making for organizations across various industries.Founded in 2002, Jedox GmbH, headquartered in Freiburg im Breisgau, Germany, offers cloud-based solutions for financial planning and analysis. The company has completed a total of 7 funding deals, with a notable investment of USD 100 mn raised in February 2021 from Insight Partners, along with returning investors IRIS, Wecken & Cie, and eCAPITAL. CEO Florian Winterstein leads the company in its mission to streamline business performance management.Jedox offers a comprehensive suite of AI-driven financial planning and analysis (FP&A) and performance management solutions designed to enhance business performance through data-driven decision-making. The core product, JedoxAI, functions as a multi-agent intelligence engine that transforms complex data into actionable insights, enabling organizations to create explainable forecasts, real-time analytics, and refined strategic plans. Clients leverage the platform for various use cases, including financial consolidation, budgeting, and integrated business planning, allowing them to synchronize financial and operational key performance indicators (KPIs). The company's products serve over 2,900 organizations globally across diverse industries, including finance, manufacturing, and healthcare, helping businesses streamline their planning and reporting processes. Markets served include North America, Europe, and Asia-Pacific, where Jedox aims to support enterprises in achieving non-financial reporting requirements and establishing a unified source of truth for performance management.For the most recent financial year in 2019, Jedox reported a revenue of USD 18.25 mn, with an EBITDA of USD -10.27 mn. The company's business model primarily revolves around subscription-based services, allowing clients to access their suite of FP&A and performance management software.In February 2021, Jedox AG secured USD 100 mn in funding to bolster its growth initiatives. The company plans to enhance its product offerings and is currently developing new features within the JedoxAI platform. Additionally, Jedox is targeting expansion into new markets, specifically in Asia-Pacific and North America, with efforts aimed at establishing a stronger foothold by 2023. The funding will support these initiatives by facilitating the development of innovative products and enhancing market entry strategies.

## Funding rounds

- Series B, Jan 1, 2009, $7.3M — eCAPITAL, KfW
- Series B, Jun 6, 2008, $3.1M — eCAPITAL
- Series A, Jan 1, 2008, $5.1M — eCAPITAL

## Investors

- eCAPITAL (https://capitalatlas.ai/funds/ecapital) — Series A, Series B
- KfW — Series B