Romanian startup LICENSEWARE has raised approximately €800,000 in a seed funding round led by BCR Seed Starter, which contributed €500,000. The round also included Inspire Capital, business angels from the Bravva Angels community, and existing shareholders.
Founded in Bucharest, LICENSEWARE develops a modular SaaS platform for software license management, software asset management, and IT asset management. Its technology helps organizations analyze software usage, manage compliance and costs, and turn complex IT data into actionable insights.
The company said it will use the new funding to accelerate its international expansion, expand its product development and sales teams, and deepen integrations with the tools and platforms used by enterprise customers.
The round adds to a growing flow of seed-stage investment into enterprise software startups from Central and Eastern Europe, particularly companies building tools for cost control, compliance, and IT operations.
Founded in Bucharest, LICENSEWARE develops a modular SaaS platform for software license management, software asset management, and IT asset management. Its technology helps organizations analyze software usage, manage compliance and costs, and turn complex IT data into actionable insights.
The company said it will use the new funding to accelerate its international expansion, expand its product development and sales teams, and deepen integrations with the tools and platforms used by enterprise customers.
The round adds to a growing flow of seed-stage investment into enterprise software startups from Central and Eastern Europe, particularly companies building tools for cost control, compliance, and IT operations.