Newion led a € 2.8M investment round in Filestage – with current investor HTGF and Carsten Maschmeyer’s seed+speed

Published on January 12, 2021

STUTTGART / BERLIN / AMSTERDAM, 12 January 2021 – Filestage, the Online Proofing SaaS platform, has received €2.8M in a Series A investment round led by Newion, together with current investor HTGFandSeed+Speed by celebrity Carsten Maschmeyer.

Online Proofing is a core process in today’s business. Companies collaborate remotely more than ever, and they produce more content than ever, thereby often dealing with regulations. This is why brands like Sharp, Sixt, dm, GroupM, Head, Ab-InBev, Lufthansa, Rabobank and Cambridge University Press use Filestage as the efficient and compliant way of sharing, reviewing and approving tons of content every day. Filestage customer Braun Medical Devices said they reduced their review turnaround time by +75%. 

Niklas Dorn, CEO and Co-Founder of Filestage: “We are super happy with the new funding and this syndicate, as we believe that more teams all over the world deserve a rock-solid review workflow. We will use the funding to invest in our product and make existing and new customers even more intelligent with AI driven reviews and analytics. We will also continue to invest in integrations and partnerships to ensure seamless customer workflows.” 

Patrick Polak, Managing Partner of Newion: “Filestage is top rated by their 530.000 users who share PDF’s, documents, videos, images and audio files. We are excited to join Filestage on their journey to market leadership and seeing them welcoming many more customers in marketing, communications, sales, R&D and legal for the best user experience.”

Dominik Lohle, Investment Manager at HTGF: “We are proud to participate again in this investment round. We believe Online Proofing will be a commodity in the next few years and we have seen Filestage is well under way to become the global market leader in this space.”

Carsten Maschmeyer, Founder & Managing Director at seed+speed: ”95% of the companies still use email and legacy commenting tools like Adobe Acrobat, MS Office and Dropbox to share and discuss content but I am convinced that successful companies will invest in online proofing software more and more, to avoid email chaos and be effective.”

About Filestage

Filestage was founded in 2015 by Niklas Dorn (CEO), Maël Frize (CPO) and Simon Kontschak (CTO). From their experience in the creative industry, they knew how important the review and approval of digital content is, so they started to organize this in an efficient and transparent way. Currently Filestage enables online proofing in less than half the time. Their highly skilled team works remotely from wherever works best for the customer, in countries like Canada, Colombia, France, Germany, India and Spain. Until today 530.000 users in 195 countries have reviewed 5.2 million files via Filestage.

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