When was Configit founded?

Configit was founded in 2000 and raised its 1st funding round 2 years after it was founded.

Where is Configit located?

Configit is headquartered in Copenhagen, Denmark. It is registered at REGUS - BIRMINGHAM BLYTHE VALLEY PARK CENTRAL BOULEVARD,SHIRLEY,SOLIHULL,ENGLAND,B90 8AG.

Which legal entities is Configit associated with?

Configit is associated with Configit Holding A/S and 1 other.

How many employees does Configit have?

As of Dec 31, 2019, the latest employee count at Configit is 186.

Is Configit a funded company?

Configit is a funded company, having raised a total of $86.7M across 5 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Aug 07, 2002.

How much is Configit worth?

The last known valuation of Configit was $***** as of Jun 24, 2021.

When was the latest funding round of Configit?

Configit's latest funding was a $***** Series A round on Jun 24, 2021, with participation from 0 investor.

Where does Configit rank among its competitors?

Configit ranks 6th amongst 174 active competitors, of which 28 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was PandaDoc, which secured $5.87M in Dec, 2025.

Who are the top competitors of Configit?

Configit's top competitors include Conga, PandaDoc and Pricefx. Among them, PandaDoc secured the most recent funding round in December, 2025.

Configit - 2026 Company Profile, Team, Funding, Competitors & Financials

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.

Website: configit.com
Social
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

Series A, Jun 24, 2021, $*****

Last Known Valuation

$***** as on Jun 24, 2021

Investors

Damgaard Company & 3 more

Ranked

6^th among 174 active competitors

Employee Count

186 as on Dec 31, 2019

Similar Companies

Conga & 196 more

Exit Details

Acquired by Polaris Private Equity (Feb 04, 2016)

View Configit's full profile

Configit is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CONFIGIT LTD CIN: 7883893 , United Kingdom, Active	Dec 14, 2011	-	8 (As on Dec 31, 2024)
Configit Holding A/S CIN: 37358827 , Denmark, Active	Oct 31, 2016	-	4 (As on Nov 30, 2024)

Configit got acquired by Polaris Private Equity on Feb 04, 2016.

Click here to take a look at Configit's acquisition in detail

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 24, 2021	3278557	Series A	9645915	5793188	1208155	1829744
Apr 26, 2018	5229541	Series A	1035068	7273033	6972045	2469882
Jun 30, 2017	5292759	Series A	5581218	9602341	3253422	1438010

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View details of Configit's funding rounds and investors

The founders of Configit is Henrik Hulgaard.

Here are the details of Configit's key team members:

Henrik Hulgaard: Co-Founder & CTO of Configit.

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
Jan johan Kuhl	Investor	Polaris Private Equity	Current	9y 10m

View details of Configit's Founder profiles and Board Members

Configit's employee count trend

Configit has 186 employees as of Dec 19. The total employee count is 7.0% lower than what it was in Dec 18. Here is Configit's employee count trend over the years:

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Top competitors of Configit include Conga, PandaDoc and Pricefx. 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	Conga 2006, Broomfield (United States), Acquired	Provider of document automation, contract lifecycle management, and revenue solutions	$140M	Salesforce Ventures, Insight Partners & 3 others	72/100
2nd	PandaDoc 2011, San Francisco (United States), Series C	Provider of document management and automation platform with e-signature capabilities	$75.7M	G Squared, OMERS & 23 others	69/100
3rd	Pricefx 2011, Pfaffenhofen (Germany), Series C	Platform offering cloud and AI based pricing management software	$131M	Credo Ventures, Bain & Company & 7 others	67/100
4th	Nue 2019, San Francisco (United States), Series A	Platform offering price builder solutions	$35M	Information Venture Partners, Penny Jar & 9 others	59/100
5th	Tacton 1998, Stockholm (Sweden), Acquired	Design and CPQ for Complex products	-	Rubicon Technology Partners & 7 others	55/100
6th	Configit 2000, Copenhagen (Denmark), Acquired	Platform providing CPQ solutions for SAP users	$86.7M	Damgaard Company, Andersen Advisory Group ... & 2 others	54/100
7th	Apttus 2006, San Mateo (United States), Acquired	Provider of document automation, contract lifecycle management, and revenue management solutions	$474M	Kuwait Investment Authority, Premji Invest ... & 8 others	54/100
8th	MARKT PILOT 2020, Chicago (United States), Series A	Provider of automated spare parts pricing software for machine manufacturers	$49.8M	Insight Partners, Capnamic Ventures & 4 others	54/100
9th	BigMachines 2000, Deerfield (United States), Acquired	Provider of cloud-based configure, price, quote (CPQ) application for sales teams	$31.3M	Salesforce Ventures, JMI Management & 4 others	50/100
10th	Sigma Systems 1996, Toronto (Canada), Acquired	Product, order management and network provisioning solutions provider	$21M	Cisco Investments, Kleiner Perkins & 3 others	48/100