Jedox builds financial planning and analysis software originally designed for on-premises or cloud deployment and oriented to finance teams; its interface integrates data from spreadsheets like Excel. The company has expanded into adjacent use cases such as HR planning and procurement and plans to push into additional verticals and broader enterprise functions. Jedox reports about 2,500 customers, including Microsoft, McDonald’s and ABB, and counts Microsoft and Salesforce as partners and occasional customers. The business is now primarily SaaS (about 75% of revenue) with the remainder from professional services. Jedox uses external AI services from providers like Google and Microsoft for modeling where appropriate and says only roughly 100 customers actively use AI features. Founded in 2002 and headquartered in Germany, the company shifted away from an open-source-first model as it scaled. Florian Winterstein became CEO in 2018 and has driven a stronger go-to-market and professional services focus. Jedox provides a cloud-based self-service CPM platform that supports budgeting, planning, forecasting and intuitive analyses with business intelligence dashboards. The company intends to use the €20m funding to accelerate global expansion and product development. Founded in 2002 and based in Freiburg, Germany, Jedox is led by CEO Kay-Ingo Greve. The company employs over 160 people and supports customers from eight offices across Germany (Freiburg, Frankfurt, Düsseldorf), the USA (Boston), France (Paris), Australia (Sydney, Melbourne) and Singapore. Jedox serves approximately 2,300 companies, including some of the world’s largest firms across 140 countries.

Total raised

$125M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2021