What is Enfore?
Founded in 2009 by Marco Boerries, Enfore offers a business platform integrated with a suite of user-friendly applications designed for smartphones, tablets, and personal computers. The company's core mission is to democratize access to advanced business tools, insights, and capabilities, typically reserved for larger enterprises, thereby creating a level playing field for small businesses globally. Enfore aims to equip the majority of small businesses worldwide with efficiencies and scale comparable to those of large corporations. By merging innovative hardware, robust software, and comprehensive services, Enfore delivers a solution that connects all facets of a business, enabling them to remain competitive in an increasingly connected digital landscape.
How much funding has Enfore raised?
Enfore has raised a total of $38M across 1 funding round:
Series A
$38M
Series A (2013): $38M with participation from Lars Hinrichs, Mosaic Ventures, Klaus Hommels, and AME Cloud
Key Investors in Enfore
Mosaic Ventures
Mosaic Ventures is a boutique venture capital partnership that invests in AI-driven startups at the Seed and Series A stages, providing hands-on support to European entrepreneurs aiming for global scalability. With a focus on the transformative potential of artificial intelligence, they back outlier founders and management teams with unique insights in the AI application layer.
AME Cloud
AME Cloud Ventures is a venture fund led by Jerry Yang, co-founder of Yahoo!, focusing on seed to later stage companies that build infrastructure and value chains around data. The firm invests in technology-heavy companies that gather or create unique data across various stages of the data stack, from infrastructure to applications.
Lars Hinrichs
Undisclosed investor participating in the funding round.
What's next for Enfore?
The recent major strategic investment in Enfore signals a pivotal moment for the company's growth and market expansion. This capital infusion is expected to accelerate the development and deployment of its business platform, further enhancing its capabilities for small and medium-sized enterprises. The focus on providing enterprise-level efficiencies to smaller businesses positions Enfore to capture a significant share of a market ripe for digital transformation. Future initiatives will likely involve scaling operations, expanding its app ecosystem, and forging strategic partnerships to broaden its reach and solidify its competitive advantage in the business technology sector.
See full Enfore company page
