B2X Joins Fast Growth Icons European Network as One of Europe’s Fastest Growing Businesses
Global after-sales leader becomes member of founders and CEOs network of later-stage startups to exchange best practices for business growth
Munich – April 23, 2018 – B2X, a leading provider of customer care solutions for smartphones and consumer electronics, is now a member of the Fast Growth Icons European Network. Fast Growth Icons is the invitation-only network for well-established, fast-growing businesses.
The network brings together the founders and CEOs of later-stage startups to discuss best practices of building and growing a $100m+ revenue business. “Reflecting our success and rapid growth, we are proud to be recognized as one of the most interesting and successful growth businesses of the future and be selected as part of the European network,” says Rainer Koppitz, CEO of B2X.
B2X most recently announced the successful completion of a new growth funding round of 10.5 Million Euros with Cipio Partners and Seligman Private Equity Select. B2X’s goal is to drive further growth in the global after-sales services and support business for major smartphone and IoT device makers, including Apple, Google, Samsung and Xiaomi.
With average annual growth in the double-digit percentage range and revenues exceeding 100 million euros, B2X plans to speed up its successful international business expansion with another significant investment round ahead of a potential IPO in Europe within the next 12 to 18 months. Existing as well as new investors will be able to participate in the latest pre-IPO fundraising.
To qualify as a member of the Fast Growth Icons European Network, companies have to show considerable traction in terms of revenue, users or funding. The typical member is growing at over 50% per annum. In the past several years, Europe has been challenging the success of Silicon Valley and maturing into a vibrant tech ecosystem. VCs from across the globe recognise the potential of many European tech hubs such as Berlin, London, Paris and Amsterdam.
Ben Fletcher, the founder of Fast Growth Icons, said “We welcome B2X as a member and congratulate them for being selected – this is a really impressive achievement. We look forward to seeing their business flourish in the future.”
B2X is the leading global provider of end-to-end customer care solutions for smartphones and consumer electronics. Founded in 2007, B2X helps many of the world’s leading consumer electronic companies deliver a superior after-sales service experience. The company’s unique positioning is based on its global service partner network and its SMARTCARE Technology platform that connects everything to a digitally integrated customer care ecosystem. With more than 1,500 employees and over 500 trusted partners in 140 countries worldwide, B2X is the premier after-sales service provider for manufacturers, insurance providers, carriers and retailers.