Amsterdam 27 February 2020 – Trengo raises a EUR 1,750,000 investment by venture capital fund Peak Capital. Trengo 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 website chat into a shared inbox. With the new funds in the bank, Trengo will accelerate their rapid growth in Europe.
Trengo was founded in 2017 by Patrick Meutzner, Marcel van de Weerd and Igo Trampe. Their platform allows businesses and their sales and customer support teams to easily collaborate and improve their service by handling all client communication via one platform. Trengo also enables teams to automate conversations with their customers via chatbots and flowbots. Over the last three years, the founders grew the company to over 700 clients, while being bootstrapped. With the investment of Peak Capital, Trengo aims to further accelerate their growth within Europe.
“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” says Johan van Mil, co-founder & managing partner of Peak Capital. “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.”
“We have been fully bootstrapped since day one, driven by an awesome culture and a great team,” says Patrick Meutzner, co-founder of Trengo.“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.”
With the 1.75M investment, Trengo will expand their sales and marketing team and further improve their product. Along with improving their position in the Netherlands, Trengo will focus on accelerating their growth in Europe.
Trengo was founded in 2017 by Patrick Meutzner, Marcel van de Weerd and Igo Trampe. Trengo aggregates all communication channels in one inbox to efficiently collaborate within customer-facing teams. The company is based in Utrecht, The Netherlands. More information can be found on https://trengo.com/