Vianen, 23 December 2022 – CostPerform announces its investment from NIBC Investment Partners and Arches Capital, to accelerate its global growth.
CostPerform is the leading international software platform for Cost and Performance Management.
Our current strategy to move towards a SaaS-only focus has brought us very significant growth in our recurring revenue. With the larger technical modifications behind us and a proven client base with companies like ING, the US Department of Homeland Security, British Telecom and the National Bank of Belgium we are now ready to boost our global presence by investing in the commercial capabilities of our team. It is our strong belief that any organization in the world can benefit from using CostPerform to create insights in true costs of products and services. These insights are used to improve profitability, stakeholder trust and performance discussions inside companies. We therefore aim to be present at those organizations worldwide.Sander den Hartog, CEO CostPerform
For more details, see: costperform.com/costperform-finds-new-growth-partners/.
CostPerform is the leading platform for solving Cost and Performance challenges. Among other, clients use CostPerform for questions around corporate allocations, profitability improvements (of products, clients, channels, etc.), questions concerning regulatory costing (e.g. IFRS17) and transparency of government spending. With a client base ranging from large corporates to medium sized enterprises located in over 45 countries CostPerform has a very broad international footprint. Public Sector, Financial Services industry and the Telco industry have traditionally been the predominant sources of income. CostPerform operates both directly as well as through a strong partner network.
For more information, visit costperform.com.
About NIBC Investment Partners
NIBC Investment Partners is the investment branch of NIBC Bank. The team of ten professionals operates from their base in The Hague and it currently holds direct minority stakes in over twenty Dutch companies.
For more information, visit nibc.com/nibc-investment-partners.
About Arches Capital
Arches Capital is a fast-growing group of business angels that invests in startup and scale-up companies with a large growth potential. Through its investments Arches Capital bridges the gap between formal investors (VCs) and informal investors (business angels), by joining the best of both worlds:
“ We source, select and invest like a VC; we engage, care and inspire as the angel we are. ”
Arches Capital differentiates itself by bringing superior deal flow, professional knowledge and a lower risk profile to the participating angel investors, while supporting its successful portfolio companies from start to exit through follow-on investments. For this Arches Capital is building the leading platform of actively engaged business angels that know how to operate and manage their investments in a professional and standardized manner.
For more information, visit arches.capital.