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§ Private Profile · Vienna, Austria
AI-powered contract management software streamlines contract lifecycle management for businesses, focused on efficiency and GDPR compliance.
fynk has raised $7.5M across 3 funding rounds.
Key people at fynk.
fynk has raised $7.5M in total across 3 funding rounds.
Based in Vienna, Austria, fynk develops AI-powered contract management software designed to streamline the creation, negotiation, approval, and oversight of corporate legal documents. The SaaS platform integrates legacy files and automates compliance reviews against rules, specifically targeting non-legal professionals across human resources, finance, procurement, and sales departments. Emphasizing strict GDPR compliance and security, the system serves small and medium businesses operating within the real estate, ecommerce, insurance, and financial services sectors. The enterprise has successfully raised a total of $4.77 million in funding to date, including a recent $3.43 million seed round allocated for international expansion and product development. Established in 2022 by a team of previously successful entrepreneurial founders, the company secured this capital from a syndicate of venture capital firms and angel investors, featuring recognizable backers such as 3VC, 10x Founders, and Hansi Hansmann.
fynk has raised $7.5M across 3 funding rounds. Most recently, it raised $3.5M Other Equity in October 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 2, 2024 | $3.5M Venture Round | Felix Haas, 3VC | — | Announced |
| Oct 1, 2024 | $3M Seed | — | 3VC, Brighton Park Capital, Firstminute Capital, Andreas Burike, Johann "hansi" Hansmann, Laurenz Simbruner | Announced |
| May 1, 2024 | $1M Seed | — | 3VC, 42CAP, Andreas Burike, Johann "hansi" Hansmann, Laurenz Simbruner | Announced |
Key people at fynk.
fynk is a Vienna-based technology company founded in 2022 that builds a cloud-based AI-powered contract management platform. It enables businesses to automate the entire contract lifecycle—from creation and collaborative review to electronic signing, analysis, and ongoing oversight—solving frustrations like version chaos, errors, delays, and lost tracking in contract processes.[1][2][3][4] Serving sales, marketing, legal, and operations teams globally (with a focus on European businesses via GDPR compliance), fynk targets companies overwhelmed by high-volume, individualized contracts, offering plans starting at €29/user/month with features like unlimited documents, AI data extraction, real-time collaboration, and advanced analytics.[1][2][3][4] With over 20 employees and rapid user adoption (e.g., full integration in under a year at legal firms), fynk demonstrates strong early growth momentum through positive reviews praising its time savings and workflow efficiency.[1][5]
fynk was founded by Constantin Wintoniak and a team of co-founders in 2022, stemming from their frustrations at a previous company where sales and marketing teams struggled with slow, error-prone contract creation, approvals, and status tracking, leading to dissatisfied customers.[1] The idea crystallized during a November 2021 coding retreat in a modern concrete chalet in the Italian Dolomites, where the team laid the groundwork for what they aim to make the world's leading contract automation platform.[1] Early traction built on this personal pain point, evolving from a European startup (homebased in Vienna, Austria) to a globally accessible cloud tool with English support, now boasting over 20 employees and endorsements from professionals like IT administrators at firms such as HolzLand GmbH.[1][3]
fynk stands out in contract management through AI integration, end-to-end automation, and European-centric security. Key strengths include:
fynk rides the wave of AI-driven legaltech automation, capitalizing on surging demand for efficient contract lifecycle management amid rising contract volumes in sales, procurement, and compliance-heavy sectors. Its timing aligns perfectly with post-pandemic digital transformation, remote work, and regulatory pressures like GDPR, where businesses seek tools to cut manual errors and delays—fynk's AI excels here by handling nuanced language and global accessibility via cloud tech.[1][3][5] Market forces favoring it include the shift to no-code/low-code platforms, AI adoption in SMBs/legal teams (e.g., auto-analysis saving "real time in real-time"), and competition gaps in holistic tools beyond basic e-signing.[2][3] By enabling faster customer onboarding and risk mitigation, fynk influences the ecosystem, boosting operational efficiency for European firms and drawing industry buzz for its momentum in software innovation.[6]
fynk is poised for accelerated expansion as AI legaltech heats up, potentially dominating Europe with deeper integrations, expanded analytics, and enterprise features like customizable SLAs. Trends like multimodal AI (e.g., better handwriting recognition) and regulatory tech (RegTech) will propel it, especially as global firms prioritize compliant automation amid economic pressures. Its influence could evolve from niche solver to ecosystem enabler, partnering with CRMs/ERPs—watch for user growth beyond 20 employees and Pro-tier adoption. This positions fynk to transform contract frustration into competitive advantage, just as its founders envisioned in the Dolomites.
fynk has raised $7.5M in total across 3 funding rounds.
fynk's investors include Felix Haas, 3VC, Brighton Park Capital, Firstminute Capital, Andreas Burike, Johann "Hansi" Hansmann, Laurenz Simbruner, 42CAP.
