HomeFinTechUsercentrics: Raises €17M in Series B Funding

Usercentrics: Raises €17M in Series B Funding

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  • Usercentrics, a Munich, Germany-based provider of user consent management solutions, raised €17m in Series B funding
  • The round was led by Full In Partners with participation from existing investors Alstin Capital, Reimann Investors, and Cavalry Ventures
  • The company intends to use the funds to develop a footprint in the Americas and expand go-to-market activities
  • Usercentrics provides a SaaS-based Consent Management Platform (CMP) solution that enables companies to collect, manage, and document user consent
  • The solution ensures alignment between marketing, data strategy, and international data protection regulations such as GDPR and CCPA
  • Over the past year, the company has quadrupled annual recurring revenue, grown headcount to almost 100 employees
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