Schoenherr has advised Fynk on its recent approximately EUR 3.1 million seed financing round led by 3VC with the participation of 10x Founders. CMS advised 3VC.
Schoenherr reports that existing investors also participated in the round, "including Hansi Hansmann and Lisa Pallweber (Hans(wo)men Group), the family office CoastCap of Moritz Thiele, Personio Co-Founder Ignanz Forstmeier, PlanRadar founder Domagoj Dolinsek, Latido founder Stefan Speiser, Alexander Brix (former Head of Operations Europe, Canva), and Kai Romberg, who helped build HgCapital, Europe's largest tech investor."
Vienna-based start-up Fynk was founded by Prescreen founders Constantin Wintoniak, Dominik Hackl, and Markus Presle. According to Schoenherr, "the company offers teams an intuitive solution for analyzing, managing, and processing contracts. The start-up's AI technology aims to make powerful technology accessible to SMEs, other start-ups, and agencies in a cost-effective manner."
"Integrating AI technologies into contract management software is game-changing," said 3VC Co-Founder and Partner Peter Lasinger. "It streamlines contract analysis, review, and tracking in ways unthinkable not long ago. Fynk has developed a tool that facilitates state-of-the-art contract management, previously reserved for large organizations with the necessary manpower, for SMEs."
The Schoenherr team included Partner Thomas Kulnigg and Attorney at Law Dominik Tyrybon.
The CMS team included Partners Georg Gutfleisch and Andrea Potz, Lawyer Christina Maria Schwaiger, and Associates Alexandros Hantasch and Rebecca Herlitz.
