Berlin, Germany-based open-source community-led growth platform Crowd.dev raised EUR 2.2 million in recent funding. The pre-seed round took place on October 28, 2022. Seedcamp and Lightbird led the financing for the firm. Besides, Possible Ventures, Angel Invest and NevrSeen joined in the funding. The round also saw the participation of angel investors such as Russ Heddleston, Cedric Sellin, Christian Stiebner, and Matthäus Krzykowski.
Purpose of financing for Crowd.dev
With the latest capital injection, Crowd.dev intends to release its open-source offering.
The company also has plans to invest in strengthening the core community. It seeks to extend the product, adding more applications and data integrations, as well as making it generally available to the public.
Since March 2022, several hundred organizations have joined the company’s beta. It boasts of giants such as Microsoft, Meilisearch, Code Intelligence, ZenML, Distributed, and the Linux Foundation.
What the company’s official has to say
Speaking on the recent development, Jonathan Reimer, co-founder of Crowd.dev, said, “We built every feature of crowd.dev to help companies find, engage, support, and collaborate with the right developers, to ultimately help them reach their growth goals through a vibrant community. Our open-source approach means customers can own their data, and, more importantly, it enables us to build a thriving, open community of developers and companies around the crowd.dev.”
What the investor has to say
In addition, Devin Hunt, Venture Partner at Seedcamp, said, “We at Seedcamp have backed many developer-focused companies, and we have seen firsthand how important community building is to their long-term growth. crowd.dev’s tools give a startup all they need to radically simplify community-led growth. Their open-source, developer-first approach is a game changer for any business whose developer community is critical to their success.”
About the company
Jonathan Reimer and Joan Reyero launched the company in 2021. The company operates as an open-source community-led growth platform improving how developer-first businesses harness online communities. It offers a suite of tools to analyze, grow, and leverage online communities to drive business results. Crowd.dev users can choose between a self-hosted or hosted version. The platform is also open to extensions and provides users complete control over their community’s data. Furthermore, it aggregates data across developer communities. Moreover, it provides analytics, workflow automation, and insights to fuel growth.
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