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Configit - About the company

Configit is an acquired company based in Copenhagen (Denmark), founded in 2000 by Henrik Hulgaard. It operates as a Platform providing CPQ solutions for SAP users. Configit has raised $86.7M in funding, with last known valuation of $*****. The company has 455 active competitors, including 70 funded and 36 that have exited. Its top competitors include companies like PandaDoc, Conga and Vendavo.

Company Details

Platform providing CPQ solutions for SAP users. The platform provides solutions that allows reps to prepare quotes using custom pricing rules. It also offers a content management system that allows reps to author configuration aspects of products, and a tool that helps building configurable applications. ABB and Land Rover are notable clients.
Social
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Email ID
*****@configit.com
Phone Number
+45 **********
Registered Address
REGUS - BIRMINGHAM BLYTHE VALLEY PARK CENTRAL BOULEVARD,SHIRLEY,SOLIHULL,ENGLAND,B90 8AG
Key Metrics
Founded Year
2000
Location
Copenhagen, Denmark
Stage
Acquired
Total Funding
$86.7M in 5 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jun 24, 2021
Ranked
Employee Count
165 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Polaris Private Equity (Feb 04, 2016)

Configit's acquisition details

Configit got acquired by Polaris Private Equity on Feb 04, 2016.
Click here to take a look at Configit's acquisition in detail
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Configit's funding and investors

Configit has raised a total funding of $86.7M over 5 rounds. Its first funding round was on Aug 07, 2002. Configit has 3 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Configit:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 24, 2021
1612232
Series A
3935460
1313731
6934937
1410263
Apr 26, 2018
9445358
Series A
1858366
4130052
4380491
7809909
Jun 30, 2017
7453286
Series A
7372176
1193202
5641708
4637083
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Configit's founders and board of directors

Founder? Claim Profile
The founders of Configit is Henrik Hulgaard.
Here are the details of Configit's key team members:

Configit's Board of Directors

Configit's board has 1 active member. Jan johan Kuhl is part of team.
Here is the list of Configit's board of directors:
Name
Type
Representing
Status
Duration
Investor
Polaris Private Equity
Current
10y 4m

Configit's employee count trend

Configit has 165 employees as of Aug 26. Here is Configit's employee count trend over the years:
Employee count trend for Configit
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Configit's Competitors and alternates

Top competitors of Configit include PandaDoc, Conga and Vendavo. Here is the list of Top 10 competitors of Configit, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for PandaDoc
PandaDoc
2011, San Francisco (United States), Series C
Provider of document management and automation platform with e-signature capabilities
$61.9M
70/100
2nd
Logo for Conga
Conga
2006, Broomfield (United States), Acquired
Provider of document automation, contract lifecycle management, and revenue solutions
$140M
68/100
3rd
Logo for Vendavo
Vendavo
1998, Denver (United States), Acquired
Price optimization and management software for B2B Sales
$21M
67/100
4th
Logo for m3ter
m3ter
2020, London (United Kingdom), Acquired
Platform offering SaaS based utility price management platform
$31.5M
65/100
5th
Logo for DealHub
DealHub
2014, Tel Aviv (Israel), Series D
Customer relationship management solutions for SMBs
$90M
65/100
6th
Logo for Pricefx
Pricefx
2011, Pfaffenhofen (Germany), Series C
Platform offering cloud and AI based pricing management software
$131M
63/100
7th
Logo for Configit
Configit
2000, Copenhagen (Denmark), Acquired
Platform providing CPQ solutions for SAP users
$86.7M
60/100
8th
Logo for Qwilr
Qwilr
2014, Redfern (Australia), Series A
Cloud-based proposal and quote software for B2B sales
$8.87M
60/100
9th
Logo for Tacton
Tacton
1998, Stockholm (Sweden), Acquired
Design and CPQ for Complex products
-
58/100
10th
Logo for Aligned
Aligned
2021, Boston (United States), Series B
Cloud based sales enablement tools and customer success management solutions for enterprises
$73.8M
57/100
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Configit's Investments and acquisitions

Configit has made no investments or acquisitions yet.

Reports related to Configit

Here is the latest report on Configit's sector:

News related to Configit

lockFilter this list
Media has covered Configit for a total of 8 events in the last 1 year, 2 of them have been about company updates.
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