Heiko Schwarz

As of today, we serve a customer base of 130 enterprises, which are headquartered across Europe and North America.

For sure, the supply chains, which means the objects that we are monitoring, might be suppliers, sub-suppliers, customers, owned facilities, warehouses, DCs, seaports, airports, are spread across the entire globe.

So it's really a global topic.

But our go-to market is focusing on EMEA and North Americans.

We bootstriped in the beginning.

So Rolf and myself, as the two founders, we brought in our savings into the foundation of risk methods.

Come on, wait.

It was tough.

We wanted to give a decent signal to the market that it's not just a gambling thing.

So we put in a six-digit figure into the foundation.

Yeah, absolutely.

It was really an all-in decision.

And as I can say today, I'm married with Risk Methods.

That's good.

So far, we raised north of $20 million through in Series A and Series B. We went through in Series B springtime last year, and we raised around $15 million into the Series B. Okay, so $1.5 million.

We are getting really close to this spot and we have no several options on the table that we are discussing and we believe that a good option would be that we...

Potentially extend our reach with some additional funds, but not going to in series C right now and which would be more probable to do maybe end of 2019.

It's a great question.

So we considered venture debt several times in the past.

At the end of the day, the terms that we got from venture capitalists, money versus equity, were different.