About Configit
Configit is a Technology company based in Copenhagen (Denmark) founded in 2000, and was acquired by Polaris Private Equity in February 2016. CPQ solutions for SAP users are provided by Configit. Configit has raised $86.72 million across 5 funding rounds from investors including ACR Capital and Polaris Private Equity. Configit was last valued at $175.33 million in June 2021. Configit offers products and services including Configit Ace®, Configit Quote®, and Virtual Tabulation®. Its focus areas include Enterprise Applications, Sales Force Automation, Configure Price Quote and Suite. Its legal entity is Configit Holding A/S.
Company details
Configit was founded in 2000 and is headquartered in Copenhagen, Denmark. CPQ software solutions are delivered for SAP users in the enterprise software sector. Quotes are prepared by sales representatives through custom pricing rules integrated into the platform. A content management system is included for authoring product configuration details. Configurable applications are built using dedicated tools. Notable clients such as ABB and Land Rover are served.
- Headquarters Copenhagen, Denmark
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website configit.com
- Social LinkedIn X Facebook YouTube
- Acquired by Polaris Private Equity (Feb 2016)
- Legal Name Configit Holding A/S
- Total Equity Funding$86.72M (USD)
in 5 rounds
- Latest Funding Round$5.87M (USD), Series A
Jun 2021
- InvestorsPolaris Private Equity
& 1 more
- Acquired byPolaris Private Equity
(Feb 2016)
Products & Services of Configit
Configit offers a comprehensive portfolio of products and services, including Configit Ace®, Configit Quote®, and Virtual Tabulation®.
SaaS solution for variant management and lifecycle handling
Tool for generating valid quotes for complex products
Configuration AI for managing complex product variations
Apps and channels of Configit
its YouTube channel Configit has 236 subscribers and 30 videos.
Videos from Configit
The most watched videos on Configit's YouTube channel, Configit (236 subscribers). Click a video to play it here.
More on Configit.
Funding Insights of Configit
Configit has successfully raised a total of $86.72M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $5.87 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $86.72M
- Total Rounds 5
- Last Round Series A — $5.87M
- Investors Count 1
All 5 funding rounds of Configit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2021 | $5.87M | Series A | $175.33M | – | – |
| Apr 2018 | $20.3M | Series A | $88.04M | – | – |
| Jun 2017 | $3.99M | Series A | $••••• | – | – |
| Feb 2016 | $56.56M | Series A | $••••• | – | – |
| Aug 2002 | Series A | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2021 | $175.33M | •••••••• |
| Apr 2018 | $88.04M | •••••••• |
| Jun 2017 | $••••• | •••••••• |
| Feb 2016 | $••••• | •••••••• |
Full valuation and stage history of Configit
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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- Stage changes
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Verified entity values are shown only after access is granted.
Last known valuation $175.33M (Jun 2021). 2 investors in total: 2 institutional.
Investors in Configit
Configit has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include ACR Capital and Polaris Private Equity.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| polarisequity.dk | ||||
Investor details for Configit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Configit
23 people are tracked at Configit (15 in leadership, 8 in team).
| Name | Role | Group |
|---|---|---|
Jörn Pleuß | Director, Global Partner Marketing & Customer Advocacy | Leadership |
Torben Jespersen | Chief Operating Officer | Leadership |
Johan Salenstedt | CEO | Leadership |
Brad Diamandis | Vice President Global Marketing | Leadership |
Steffen Vinholt Bech Madsen | Head of Finance and Accounting | Leadership |
Anders Tang Christensen | CFO | Leadership |
Anne Dorthe Gyldenkærne | Chief Marketing Officer (CMO) | Leadership |
Henrik Reif Andersen | Chief Strategy Officer (CSO) | Leadership |
Mona Ayub Syed | Head Of Finance | Leadership |
Daniel Joseph Barry | Vice President Product Marketing | Leadership |
Adrian Popescu | Director of Global Alliances | Leadership |
Kirsten Pflomm | Director Of Communications And Public Relations | Leadership |
Lene Linde | Chief Human Resources Officer | Leadership |
Damantha Boteju | Chief Product And Technology Officer | Leadership |
Nima Mani | Consulting Director | Leadership |
Sarah Koefoed | Financial Accountant, Hd(r) | Team |
Betina Victoria Thane | Senior Group Financial Controller | Team |
Janine Esskuchen | Marketing | Team |
Christian Hyllekvist | Marketing Operations & Data Analyst | Team |
Thomas Jæger | Financial Controller | Team |
3 more people are available in the full profile.
Complete people profiles for Configit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Configit
5 dated milestones of Configit across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Configit is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Exit Acquired by Polaris Private Equity.
- Funding Latest funding round, Series A, of $5.9M.
Web traffic of Configit
The website of Configit (configit.com) receives about 8.1K visits a month.
- Monthly visits8.1K
▼ 5.3% vs previous month
Websites whose visitors overlap most with Configit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| experlogix.com | 100% | 19.8K | #1,452,226 | View details | |
salesconfigurator.com | salesconfigurator.com | 73% | – | ||
| combinum.com | 73% | #9,602,463 | View details | ||
ec-logic.com | ec-logic.com | 73% | – | ||
| bigmachines.com | 73% | 461.9K | #78,848 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for Configit
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 15 similar websites
- Audience overlap
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- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Configit
Complete news archive for Configit
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Frequently Asked Questions about Configit
Configit was founded in 2000 and raised its 1st funding round 2 years after it was founded.
Configit is headquartered in Copenhagen, Denmark.
Configit is a funded company, having raised a total of $86.72M across 5 funding rounds to date.
Configit was founded in 2000 and is headquartered in Copenhagen, Denmark. CPQ software solutions are delivered for SAP users in the enterprise software sector. Quotes are prepared by sales representatives through custom pricing rules integrated into the platform. A content management system is included for authoring product configuration details. Configurable applications are built using dedicated tools. Notable clients such as ABB and Land Rover are served.
Configit offers Configit Ace®, Configit Quote®, and Virtual Tabulation®.
Configit has 2 investors. Key investors include ACR Capital, and Polaris Private Equity.
The valuation of Configit is $175.33M as of Jun 2021.
Configit operates through Configit Holding A/S.
Yes. Configit was acquired by Polaris Private Equity in February 2016.