# Next Matter

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/next-matter

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.nextmatter.com
- Total disclosed funding: $20M
- Latest round: Series A (Apr 5, 2022)
- Investors on record: 3

## About

Next Matter GmbH specializes in providing enterprise-grade workflow solutions, enhancing operational efficiency and automation for service teams in complex environments.Founded in 2018 in Berlin, Germany, Next Matter GmbH focuses on delivering innovative workflow solutions. The company, led by Jan Hugenroth, has attracted investment through two significant funding deals, including a Series A round in April 2022, where they raised USD 16.00 mn from OMERS Ventures, BlueYard Capital, and Crane Venture Partners. This funding round brings their total amount raised to USD 16.00 mn, with a current company valuation of USD 61.79 mn.Next Matter provides enterprise-grade workflow solutions and applications tailored for service teams operating within high-stakes environments. Their core offerings include a robust workflow platform designed to enhance operational efficiency, compliance automation tools, and collaborative applications for team and guest users. The platform enables organizations to orchestrate complex service processes through customizable deployments across various cloud infrastructures, such as AWS, Azure, and Google Cloud. End users typically include operations and compliance teams across various industries, including financial services, who rely on Next Matter to reduce manual compliance tasks and ensure that their processes are secure and audit-ready. The company has a global presence, serving clients in multiple geographical markets, including North America, Europe, and Asia, ensuring that diverse organizational needs are met through their scalable and reliable solutions.Next Matter operates on a subscription-based model, where clients pay for their enterprise-grade workflow solutions, which are designed to facilitate automation and compliance across various operational processes. Transactions are structured as recurring payments, allowing organizations to access different tiers of service based on their needs and scale. The platform's offerings include flagship products that cater to customer service automation and compliance automation, ensuring users achieve operational excellence while meeting stringent regulatory requirements. Pricing plans are structured to accommodate varying levels of service complexity, enabling businesses to select the most suitable options that align with their operational goals. This transactional structure supports both B2B and direct-to-consumer interactions, positioning Next Matter as a key player in enhancing service operations for its diverse client base.In April 2022, Next Matter GmbH raised USD 16.00 mn in Series A funding from lead investor OMERS Ventures along with returning investors BlueYard Capital and Crane Venture Partners. The company plans to use the funding to expand the capabilities of its cloud platform, ramp up its business in Europe and the US, and grow the team across functions, including software engineering, marketing, sales, and customer success.

## Funding rounds

- Series A, Apr 5, 2022, $16M — OMERS Ventures, BlueYard Capital, Crane Venture Partners
- Seed, May 6, 2019, $4M — BlueYard Capital

## Investors

- BlueYard Capital (https://capitalatlas.ai/funds/blueyard-capital) — Seed, Series A
- OMERS Ventures (https://capitalatlas.ai/funds/omers-ventures) — Series A
- Crane Venture Partners (https://capitalatlas.ai/funds/crane-venture-partners) — Series A