Hitting the limit with Excel
New business models also bring new approaches, tools, and processes with them. Round2 Capital supports its portfolio companies while they take important steps in their growth. This requires not only intensive communication but also continuous tracking and reporting of the key economic figures of the capital seekers. As there was no suitable standard software available for Round2 Capital's specific needs, they first kicked things off using Excel tables. With each new portfolio company, however, the effort involved increased exponentially. Therefore, an alternative to Excel had to be found that could be adapted to the company's own processes and scaled efficiently. The name of this solution was Ninox.