Foleon announces $10 million Series C funding

PRESS RELEASE

Amsterdam, August 10, 2021

Foleon announces $10 million Series C funding to fuel product development and international growth.

Foleon, a SaaS vendor in the B2B content marketing space, announces $10 million in Series C funding from existing investors Connected Capital and Newion, supported by debt from ABN AMRO. 

Founded in 2013 and headquartered in Amsterdam, Foleon’s mission is to empower everyone to create the content their audience craves. Since its inception, the company has amassed over 1,400 customers globally, publishing more than fifty-thousand content assets.

 

Growing the Foleon platform for accelerated collaboration and creativity

“With this funding, we’ll double down on team growth and product development to extend our leadership in the digital content creation space,” says Daan Reijnders, CEO and co-founder of Foleon. 

New resources are being allocated to further developing the Foleon platform around two main themes: business user optimization and collaboration. “We’ve been very intentional about building Foleon as a platform that empowers anyone in a business to create exciting, engaging content,” says Joost Galama, CTO and co-founder. 

Since Foleon’s founding in 2013, the rate at which B2B content is created and consumed has skyrocketed — as has the evolution of B2B buyer expectations. Today, content format is crucial in capturing and keeping the attention of buyers, who now expect their buying experience to be the same in B2B as in B2C. In other words, B2B content must be interesting, engaging, and memorable. 

“This series of funding means we can accelerate product development to build out even more features that will fuel creativity and collaboration with the Foleon platform,” continues Galama. “It’s an exciting time for us and our customers.”

Practically speaking, additions to the Foleon product roadmap include further optimizing the drag-and-drop editor to be even more efficient and intuitive for business users, adding new features and options for dynamic content creation, and growing features for regulating brand governance with the Foleon platform. 

 

Foleon leadership team expands

As Foleon continues to scale and expand internationally, it is also strengthening its leadership team. This includes filling two new leadership positions: Annemieke Matthijsen as Head of People and Richard Tieleman as Chief Financial Officer.

“Foleon’s most important asset will always be its people,” says Reijnders, “and that means it’s a top priority to attract, retain, and nurture talent.” Foleon’s new Head of People, Annemieke Matthijssen is joining the team to grow employee engagement, create programs for career development, and ensure employee effectiveness as Foleon scales. 

Richard Tieleman has also recently joined the Foleon leadership team. “Richard is joining as CFO to guide the strategic growth direction of the company, mature the finance organization, and scale the business,” explains Reijnders. 

Richard is joining Foleon’s C-suite, which further consists of CTO and co-founder Joost Galama, CMO Anoma van Eeden, and CEO and co-founder Daan Reijnders. 

“We couldn’t be more pleased with Foleon’s growth in the content experience space,” says Mathijs Robbens, Managing Partner at Connected Capital. “We strongly believe in the power of the Foleon platform, and the series C investment will further support Foleon to become a household name in the B2B content marketing industry.”

Newion is equally enthusiastic about Foleon’s growth, says Frank Claassen, Managing Partner at Newion. “We’re in this business because we love nothing more than supporting Dutch B2B businesses in scaling up and gaining international customers and recognition. We are confident that Foleon is absolutely on the right path to grow and flourish in the international B2B content experience space.” 

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About Foleon

Foleon is a content creation platform that makes it easy for anyone to create interactive content that is 100% on brand. They provide B2B companies with an intuitive drag & drop editor and interactive Foleon Doc format that empowers them to create bespoke digital content experiences that are engaging, intelligent, and scalable. 

Founded in Amsterdam with locations in the US and Europe, Foleon is on a mission to empower companies to create the content their audience craves.

About Connected Capital

Connected Capital is an independent investor, focusing on European companies offering differentiating SaaS solutions for the business market. Connected Capital provides both capital and intensive support in making strategic choices and realizing international growth. Connected Capital has a professional and complementary team of experienced professionals with private equity and strategy consulting backgrounds.

About Newion

Newion is a venture capital firm based in Amsterdam, focused on early-stage investing in business-to-business software companies in the Benelux. Since its incorporation in 2000, Newion has been one of the most successful VCs in its segment. Newion has a reputation of being a committed investor and has experience in investing in start- and scale-ups.