airfocus raises $5m series A to expand its product management platform

Funding | International | Technology


airfocus, the world’s first modular product management platform, has raised $5m in series A funding, led by XAnge with participation from Nauta Capital.

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By centralising product management in an easy and flexible way, airfocus ultimately transforms how teams can nail their strategy and build better products.

Today, the Hamburg-based startup has more than 700 customers and thousands of users from startups to enterprises across the US, Europe, and beyond – including Shopify, Bird, and The Washington Post. Despite the pandemic, the company was able to triple its customer base and revenue in 2020.

Malte Scholz, co-founder and CEO of airfocus said: “It seems unthinkable that in this era of product-centricity and remote work, the teams responsible for bringing software to life don’t have a central place to organize and share their work. But the reality is that product teams are stuck between developer tools, inefficient spreadsheets, and rigid systems that dictate workflows, which never really fit a team’s individual needs.

“That’s why airfocus built a home for products and teams, one that combines product strategy superpowers with modularity. Every company and product is different. airfocus embraces this individuality by allowing teams to build and use the tooling that best fits their specific product management needs. This includes feedback handling, insights management, prioritization, roadmapping, and collaborative decision-making. Every team needs a different combination of these tools at a given time. For this reason, the airfocus software adapts to user needs, and not the other way around.”

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