Next Matter in a $16 million Series A funding round led by OMERS Ventures with participation from BlueYard and Crane Venture.

Next Matter, a Berlin, Germany-based developer of a no-code process automation platform, secured $16 million in aseries A equity funding round.

The money was raised from investors led by OMERS Ventures, joined by existing backers Blue Yard Capital from Germany and Crane Venture Partners from the UK.

Proceeds will be used for hiring more people as the company aims to expand both in Europe and the US.

Next Matter, founded in 2018 by CEO Jan Hugenroth, developed a modern, automation platform with the powerful functionalities of enterprise software and designed specifically for operations teams. The solution provides an automation layer to a department that, until now, has relied on spreadsheets, email, chat tools, and excess manual coordination to carry out core business processes. Customers include Trade Republic, Spreetail, and Shift.com, backed by a remote team co-ordinated from the Berlin headquarters.

Next Matter previously raised a $4 million seed round led by Blue Yard Capital with participation from Crane Venture Partners back in 2021.