FinTech news in austria category

Grover has been on a steady pace of growth in the last several years — CEO and founder Michael Cassau said that across its footprint of Germany, Austria, the Netherlands, Spain and most recently the U.S., Grover doubled subscriptions and business in the last year, and it currently has half a million items in its catalog available for subscription, 2 million registered users and 250,000 active customers.

The Austrian startup — a platform for documentation and communication in construction and real estate projects — is continuing its funding roll with a $70 million fundraising round co-led by Insight Partners and Quadrille Capital. Back in March Vienna-based PlanRadar snapped up a €30 million Series A to digitize construction and real estate projects. The round also drew participation from existing investors, including Headline, Berliner Volksbank Ventures, aws Gründerfonds and Cavalry Ventures, plus new investors Proptech1, Russmedia and GR Capital. To add context to that, this is a significant raise for an Austrian company, and PlanRadar claims it the third-largest Series B in Austrian history to date.