PORTFOLIO COMPANY THEYDO ANNOUNCES 12M SERIES A ROUND

Amsterdam, 13 December 2022 – portfolio company TheyDo, the platform for customer journey management, announces its € 12M Series A round, led by Blossom Capital, with participation from existing investors (Arches Capital and InnovationQuarter), 20VC and various angels. Arches Capital invested in TheyDo back in June 2020. Currently, TheyDo has a remote-first team of 20 and counts over 5000 users. The Series A round will help TheyDo in making the future of Journey Management possible.

Companies realize that in order to remain relevant, they need to manage their customer journey – they need to take into account their customers’ perspective. With TheyDo we give them the tools to actually support that workflow.

Jochem van der Veer, CEO TheyDo

With the funding, TheyDo will grow the team, build out the product and bring the community into Journey Management. For more details, see: theydo.com/blog/announcing-our-12m-series-a/.

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 www.arches.capital.