After bootstrapping for five years, Instruqt raises a €15M Series A from Blossom Capital


Netherlands-based Instruqt has a product allowing companies to more easily test how a new software would run inside their organization. After bootstrapping its way to growth, it has now raised €15 million in a Series A round led entirely by Blossom Capital.

It’s much easier to sell a software product into a company if they can see how it will run inside the organization in a live manner. So some startups have appeared where they run their SaaS product inside a sort of Sandbox, so that the client company can see how it might work, without having to be fully deployed. Instead of brow-beating buyers why they should purchase their products, the platform puts buyers in the driver’s seat to experience a product hands-on. This mean the client gets a working demo of the product, without needing to commit a lot of time and resources, or perhaps even signing a contract. That’s a much more powerful way of selling a product compared to a theoretical “demo” which might look and sound good, but may end up being a a total disaster in practice. Some examples of companies offering products in this area are Cloudshare, Skillshare and ReadyTech.

Founded in 2018, Instruqt says it is in use by companies such as RedHat, MongoDB, Datadog, and HashiCorp. They use it to build so-called “self-service demos” and free test drives for prospects.

The company is led by CEO Coert Baart alongside co-founder and CTO Adé Mochtar. Baart was previously co-founder of XebiaLabs, which was sold in 2020 to TPG Capital for an undisclosed amount.

Instruqt CEO Coert Baart said in a statement: “Having been bootstrapped since day one, it was always going to take a VC who truly understood our vision for us to take outside capital.”

“Instruqt hits the sweet spot for buyers and sellers alike when it comes to tackling the key challenges faced in all sizes and sectors of business,” added Ophelia Brown, founder and Managing Partner at Blossom Capital.

#bootstrapping #years #Instruqt #raises #15M #Series #Blossom #Capital


Related Posts

Marvel’s Blade Movie Delayed by Writer’s Strike

[ad_1] Marvel’s vampire hunter Blade is a fierce warrior but he may have finally met his match: labor unions. The upcoming, long-in-development reboot of the Marvel franchise…

How to Watch the Coronation of King Charles III Live

[ad_1] King Charles III officially shed his princedom when Queen Elizabeth II died, and the British royal’s new position will be formalized on May 6 in a coronation…

‘Quordle’ today: See each ‘Quordle’ answer and hints for May 6

[ad_1] If Quordle is a little too challenging today, you’ve come to the right place for hints. There aren’t just hints here, but the whole Quordle solution….

How to use a passkey instead of a password to sign into your Google account

[ad_1] Passwords have always been a necessary evil, giving you the choice of either using one that is too simple (so you can easily remember it) or…

Amazon quietly acquired audio content discovery engine Snackable AI to boost its podcast projects

[ad_1] Amazon quietly acquired New York-based audio content discovery engine Snackable AI last December to boost its podcast features, as first reported by New York Post. The…

Warhammer 40K’s New Tyranid Screamer-Killer Is a Great Update

[ad_1] A new edition of Warhammer 40K means new models—and for some of the 40-year-old wargaming franchise’s creatures and characters, that means updates they’ve not had in…

Leave a Reply

Your email address will not be published. Required fields are marked *