Silicon Canals
No Result
View All Result
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Exclusive content
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Free Personio whitepaper
    • Guest Contributions
    • Newsletter
    • Partner content
  • Global Jobs
  • Tech Events
  • Partner with us
  • Contact
    • Contact us
    • About us
    • Team
    • Contribute your content
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Exclusive content
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Free Personio whitepaper
    • Guest Contributions
    • Newsletter
    • Partner content
  • Global Jobs
  • Tech Events
  • Partner with us
  • Contact
    • Contact us
    • About us
    • Team
    • Contribute your content
No Result
View All Result
Silicon Canals
No Result
View All Result
This article is produced in collaboration with our partner StartupAmsterdam

Amsterdam-based Rodeo raises €7.5M from Dutch new-style investment firm No Such Ventures for global expansion

Shubham Sharma by Shubham Sharma
November 19, 2020
in Amsterdam, News, Promoted content, Software & SaaS, Startups
Rodeo team main
172
SHARES
LinkedInTwitterWhatsAppFacebook

The creative industry and people working within the sector have their priorities straight. They spend most of their time on the creative processes, with project management left on the back burner. 

Amsterdam-based Rodeo helps the creative souls with their project management woes. It is project management software vendor company that offers a scalable and off-the-shelf fully automated project management software for the creative industry The company has now raised a notable €7.5M investment from No Such Ventures, a Dutch new-style investment firm. 

- Partner content -
How to improve your open source security?
How to improve your open source security?
Follow these three steps and get on the path to stronger security practices.Show More
Follow these three steps and get on the path to stronger security practices.Show Less
Read more

Accelerating development and global expansion plans

Rodeo was commercially launched in 2016 by Pieter Vos. This latest €7.5M funding for the startup will help with its expansion plans. Additionally, it will enable accelerating new developments and is touted to create new job opportunities for the company’s American and European operations. The fresh funding round was led by No Such Ventures, which is now a new shareholder in the company. 

Founded in 2018, No Such Ventures is a new style investment firm, headquartered in Amsterdam. According to the firm, it typically invests between €2M and €8M in growth companies.

“It’s incredible to see what Pieter and his team have built. Not only is Rodeo growing quickly in multiple countries, it also holds making an actual profit in high regard,” says Reinder Lubbers, partner, No Such Ventures. 

Solving the creative industry’s problem

Vos is also the founder of Kop of Munt, which is an accounting firm geared at delivering services for the creative industry. In an exclusive conversation with SC, Vos says, “ I discovered that creative companies often struggle with project management, as their main focus and passion lies with the creative process. That realisation inspired me to set out and try to create the perfect software to help these companies with their project management. The resulting software at Rodeo should be a joy to work with and look at.“

When Vos founded the company, the biggest challenge was to insource IT and build a product without too much upfront cost. Now, Rodeo operates in four countries with its headquarter in Amsterdam and an office in New York. Vos notes that their target audience ‘greatly appreciate’ the platform and their feedback has been valuable in adding new features. The company is active in the Netherlands, Germany, the UK, and the US. 

Competition, future plans and more

Rodeo follows a pure SaaS subscription-based business model and currently, it has angel investors, Vos and No Such Ventures as investors in the company. 

According to Vos, the pandemic didn’t really impact Rodeo’s business. “Our software is embedded into our clients daily/operation workflow, and the product is relatively cheap for what it does: managing projects, which diminishes administrative burden and makes sure that invoices are sent out correctly and timely.”

Rodeo has a team of 22 people in Amsterdam and 8 members work out of its US office. The funding will help it expand its US sales rep team to 10 members and enable getting additional hires for the Amsterdam team in several departments. Speaking about expansion plans, Vos notes, “Right now, we’ve got strong positions in NL, UK and DE. We want to expand upon those positions, probably enter a couple of new European countries and most of all, expand in the US.”

With such a high level of competition in the market, Rodeo sets itself apart by offering a robust full suite of solutions. Competitors, on the other hand, seem to be trying to “reduce the number of apps and bring basic features into one app,” says Vos. With good funding now secured by the startup, Vos says future funding rounds are currently optional and not necessary. 

Image credits: Rodeo

 - Partner content -
Personio
Half your staff are planning to quit soon!
Here’s how you can make them stay. Check it out!Show More
Here’s how you can make them stay. Check it out! Show Less
Read more
Tags: featurednews
Share12Tweet43SendShare69

Featured | Tech Events

Current Month

february

09feb13:0014:00Key Employee Visa Programme for Dutch StartupsAre you a Dutch startup that is interested in attracting international talent or relocating your team to the Netherlands?

Silicon Canals | Jobs


Free HR whitepaper | by Personio

Want to know how HRs across Europe are rethinking retention and performance management post pandemic? Get this FREE whitepaper by PERSONIO now!

Partner content | Work with us

Recruiters become job seekers: The changing face of recruitment amidst tech layoffs

Putting the Capital in HCM: A look at how HR is defining strategic business decisions in a digital-first world

From retail to hospitality: how Omniboost evolved its product to solve a major data challenge with tech

Breaking news from Amsterdam | Partner

Women in AI: Prominent Amsterdam-based AI thought-leaders reveal their inspirational role models

Amsterdam’s ViaLuxury.com bags funds for AI-based overcapacity booking platform for luxury hotels

Amsterdam’s People Intouch, a whistleblowing platform, bags funds from Fortino Capital

  • About Silicon Canals
  • Partner with Silicon Canals
  • Contact us
  • Newsletter
  • Disclaimer
  • Privacy Policy
  • Cookie Policy (UK)
  • Cookie Policy (EU)
  • Terms & Conditions Silicon Canals

Silicon Canals © 2014-2023 | Website: Bright Idiots

No Result
View All Result
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Exclusive content
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Free Personio whitepaper
    • Guest Contributions
    • Newsletter
    • Partner content
  • Global Jobs
  • Tech Events
  • Partner with us
  • Contact
    • Contact us
    • About us
    • Team
    • Contribute your content

Silicon Canals © 2014-2023 | Website: Bright Idiots

Stay updated with the Silicon Canals daily and weekly newsletters.
We promise we won't spam you. You can choose to unsubscribe anytime.
Stay updated with the Silicon Canals daily and weekly newsletters.
We promise we won't spam you. You can choose to unsubscribe anytime.
X
X