How Much Did BeCause Raise?
Funding & Key Investors

BeCause has secured $3M in total funding, with its most recent capital infusion amounting to $2.5M. This major strategic investment underscores the company's significant traction in the enterprise-level funding landscape.

What is BeCause?

BeCause
SoftwareEnterprise Resource Planning (ERP)

Based in Copenhagen, Denmark, BeCause operates as an AI-driven platform provider focused on management and sustainability solutions for the hospitality sector. The company leverages artificial intelligence to offer tools that enhance operational efficiency and promote sustainable practices within the industry, positioning itself as a key player in the evolving landscape of hospitality technology.

How much funding has BeCause raised?

BeCause has raised a total of $3M across 2 funding rounds:

2023

Other Financing Round

$450K

2024

Angel/Seed

$2.5M

Other Financing Round (2023): $450K with participation from Carsten Mahler and Daniel Heskia

Angel/Seed (2024): $2.5M led by Ugly Duckling Ventures, Mercato, Curiosity VC, and Superangel

Key Investors in BeCause

Ugly Duckling Ventures

Ugly Duckling Ventures provides capital, expertise, and practical application to seed and pre-seed stage Nordic ventures. The firm focuses on early-stage B2B subscription startups across various industries, emphasizing those with strong commercial traction and recurring revenue. Their operational approach involves hands-on support from experienced partners, ensuring a close relationship with portfolio founders for growth and scaling. Ultimately, UDV positions itself not just as an investor, but as a partner dedicated to fostering the success of innovative startups.

Mercato

Manhattan Fruit Market is a unique fruit and vegetable market located in Chelsea Market, Manhattan, specializing in a wide variety of produce that is often not available in regular grocery stores. They offer online ordering and fast local delivery within Manhattan, catering to clientele looking for high-quality, handpicked fruits and vegetables. Their product range includes seasonal fruits, rare varieties like dragon fruit and Lychee nuts, as well as various herbs, potatoes, and mushrooms. The target clients include residents of Manhattan seeking fresh and unique grocery items delivered conveniently.

Superangel

Superangel is an early stage investment fund and company builder focused on funding world-changing tech startups in the Baltics and Nordics. They specialize in areas such as AI & Robotics, Logistics & Mobility, FinTech, and SaaS, providing investments typically ranging from 300k to 1M. The company is run by tech entrepreneurs who understand the challenges of building a startup and aim to leverage their network to help founders succeed. Superangel seeks to collaborate with ambitious founders who aspire to make a global impact.

What's next for BeCause?

The recent major strategic investment signals a pivotal growth phase for BeCause. This influx of capital is expected to fuel further development of its AI capabilities, expansion into new markets, and enhancement of its sustainability offerings. The company is poised to solidify its position as a leader in providing innovative solutions for the global hospitality industry, driving both operational excellence and environmental responsibility.

See full BeCause company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Security SoftwareSoftware
Healthcare SoftwareSoftwareBusiness Intelligence (BI) Software
Business Intelligence (BI) SoftwareSoftwareSecurity Software
Financial SoftwareSoftwareMobile App Development

Frequently Asked Questions Regarding BeCause Financial Insights

What are the most recent funding rounds that BeCause has completed, and what were the funding rounds?
BeCause has recently completed 2 funding rounds: Angel/Seed on Feb 22, 2024, Other Financing Round on May 17, 2023.
What is the total amount of funding BeCause has raised to date?
BeCause has raised a total of $3M in funding to date.
How many funding rounds has BeCause completed?
BeCause has completed 2 funding rounds.
How much funding did BeCause raise in its most recent funding round?
BeCause raised $2.5M in its most recent funding round.
Who are the lead investors in BeCause's latest funding round?
The lead investor in BeCause's latest funding round was Ugly Duckling Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in BeCause's history?
The largest funding round in BeCause's history was $2.5M.
See more information about BeCause