Our Investment in airfocus
Riverside Acceleration Capital (RAC) is excited to announce our recent investment in airfocus, a Hamburg-based company offering modular product management software designed around today’s agile teams.
Recognizing that every product team is different, the airfocus team set out to build a flexible platform that customers could easily adapt to their unique needs. They designed a series of feature blocks, editable templates, and customizable data visualizations that product teams can use to build their ideal product strategy stack without the distraction of any features that may be irrelevant to a specific team’s needs. At a high level, these feature sets include dynamic product roadmaps, prioritization frameworks, tools for Objectives and Key Results (OKR) alignment, centralized customer feedback collected across email, chat, and other channels, and a user-friendly portal for sharing product plans and engaging key stakeholders. The goal: to move data beyond spreadsheets and enable better decision-making with a single source of product truth.
The airfocus platform also integrates with a host of popular software development products, including Jira, Asana, and GitHub, and offers enterprise-grade security and privacy. The result is a “central place for all your product work” that works for companies of different stages and sizes.
Today, airfocus is trusted by over 800 businesses worldwide, including Caterpillar, The Washington Post, and Orange.
We’re excited about what the future holds for airfocus and believe they’re well positioned to carve out greater market share in a large and growing industry, with Gartner estimating that 80% of IT organizations are now embracing the product management operating model. Our investment was part of a larger round totaling $7.5 million in capital from multiple firms.
To learn more about airfocus and their mission to reimagine the way teams make decisions, visit www.airfocus.com
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