Danish startup Oveo lands €1 million to help companies manage their SaaS tools

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Summary

A lot of companies use endless SaaS programmes in their everyday work life in order to automate work processes, but still uses a simple Excel sheet to manually keep track of them all – including information on terms, payment, functionality, admin rights, activity among employees, and more. Therefore, it’s critical for companies to manage and structure their SaaS programs effectively so they can gain as much value as possible from them as they expand their software portfolio”. “The use of subscription-based software products internally in companies has been on the rise for a long time, and it’s a trend we expect to continue. Companies, however, are missing a tool to create structure and overview so they can optimize the use, safety and costs of the products. Oveo.io has just launched a free version which they will roll out in all Danish companies in 2021 before expanding to the rest of Europe.

$ Funding

$
Amount $1.2M Total raised
Date January 27, 2021 Announcement date
Investors - Lead investors
Company https://oveo.io/ Funded company

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