Cresco

News – Emerging and Growth Companies Practice

Fortino in investment in Insided

Cresco acted as lead counsel to Fortino in the preparation, negotiation and closing of its investment in Insided.

The EUR 6 million Series A financing of Insided, an Amsterdam-based developer of company owned social platforms enabling companies to communicate with their customers, was led by French venture capital fund Ventech, alongside investment funds henQ and Fortino.

The proceeds of the capital raising will be used to support the Company’s ongoing internationalization strategy and to accelerate product innovation. InSided aims to hire between 50 and 100 new employees worldwide in the next year to strengthen its team and market leadership in Europe. With over 60 employees, Insided is active in The Netherlands, Germany, France, Ireland, Finland and Spain. 

More information can be found in Datanews and De Tijd.

Pieter Capiau and Wim Van Berendoncks constituted the deal team for this transaction.

For any further information or questions, please contact Pieter Capiau or David Dessers.

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