Qualifyze raised 3.2 million euros from Rheingau Founders, Coparion and Cherry Ventures.

Qualifyze, a Frankfurt am Main, Germany-based operator of a marketplace for pharma competitive intel, announced securing a 3.2 million euros ($3.8M) capital investment round.

The investment was provided by a range of German investors, including Rheingau Founders, Coparion, soccer star Mario Götze as well as the old investors Cherry Ventures, Auxxo, APX, Udo Jung and Bernhard Düttmann.

Qualifyze, founded in 2017 as ChemSquare, part of a scientific doctorate at the Technical University of Darmstadt by David Schneider and Florian Hildebrand, works on a global, digital network in which customers, suppliers, auditors, subcontractors and authorities continuously and securely exchange quality data in order to make supply chains more transparent and secure.

A global pool of independent and accredited auditors publish their results on the Qualifyze platform, giving companies access to relevant information and quality data from their suppliers without having to carry out extensive audits themselves. The company employs 15 employees across offices in Frankfurt and Barcelona.