Information Technology
Trifork Labs company Arkyn announces €4m financing to accelerate growth and expand product suite
Arkyn, the leading digital platform for service and asset maintenance operations on top of SAP, today announces a EUR 4 million financing co-led by Compounding Capital and Trifork Labs.
The Danish enterprise software company, headquartered in Copenhagen, brings real-time ERP data into the day-to-day maintenance life cycle, asset utilization, and performance measurements to support informed decisions that optimize maintenance strategies, improve asset performance, and increase reliability in the field and at the plant. All through a highly modern, user-friendly frontline worker app suite that is fully integrated into SAP in real-time from planning to execution and reporting.
The financing will fuel Arkyn’s impressive international growth and product feature development – enriching and optimizing maintenance process flows in global enterprises with new and exciting AI capabilities for both planning and field execution.
, owner of Compounding Capital, shares his enthusiasm for the partnership:
Kasper will join the Arkyn Board of Directors as part of the round, and he looks forward to help shape the future growth strategy. Arkyn recently signed a contract with yet another large company from the oil and gas industry, making good on the 2025 ambition to expand its foothold in the US market.
, CEO & co-founder, continues:
, CEO at Trifork Group, adds:
Arkyn, headquarters in Copenhagen, Denmark, is a B2B SaaS company providing an easy-to-use mobile app suite that delivers speed and excellent performance to SAP plant maintenance and customer service processes in large enterprises worldwide. Arkyn was created by the founding partners of software pioneers Trifork Smart Enterprise (formerly Invokers) – a tech company that has been building apps on top of SAP since 2007. Their exquisite domain expertise translates perfectly into Arkyn’s state-of-the-art apps for maintenance operations in large enterprises using SAP.
Contact: CEO & Co-founder Martin Holm Nielsen, +45 31 68 01 33, mhn@arkyn.io, or CMO Kirsten Arnfast, +45 30 27 90 95, kir@arkyn.io
Compounding Capital is part of the family office of Kasper Grundtvig Knokgaard & family. The key investment focus is vertical BtB SaaS businesses offering mission critical products for targeted end markets. The current portfolio consist of Famly (Childcare management software), GoMore (Peer-to-peer car sharing marketplace), CxPlanner (Commissioning software), Delogue (PLM software), Embankment (Fund administration software), SportMember (Sports club management software), YOGO (Studio and fitness center management software), Unioo (Associations management & KYC software), Plecto (Performance management software), Fenerum (Subscription management software), Ownr (Comprehensive data insights on companies and persons), and Arkyn (software for asset maintenance in SAP environments).
Trifork (Nasdaq Copenhagen: TRIFOR) is a pioneering global technology company, empowering enterprise and public sector customers with innovative digital products and solutions. With 1,197 employees across 71 business units in 16 countries, Trifork specializes in designing, building, and operating advanced software in public administration, healthcare, financial services, manufacturing, energy, aviation, and retail. The Group’s R&D arm, Trifork Labs, drives innovation by investing in and developing synergistic, high-potential technology companies. The Trifork Labs portfolio currently consists of 23 active companies with more than EUR 100m in combined revenue and a total recorded book value of EUR 84m. Learn more at trifork.com.
Contact: Frederik Svanholm, Group Investment Director, +41 79 357 7317, frsv@trifork.com
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