Software solutions catering to fast-growing companies’ needs – from payroll to cash flow management – are becoming ubiquitous. However, due to increased exposure to data compliance and cybersecurity risks, the adoption of new tools is lagging, forcing companies to resort to cumbersome manual workflows that restrict their growth.
Many of our portfolio founders have encountered this issue along their company-building journeys. This is why we are excited to back Cakewalk, a Berlin-based SaaS Identity & Access Management for SMBs solution that helps fast-growing companies to regain control over the software applications they use.
Founded in 2022 by a highly experienced and complementary trio formed by Johannes Keienburg, Gil Roeder (ex-Klarna), and Gonzalo Rubio Torrente (ex-Pleo), Cakewalk allows companies to adopt novel applications without loss of control.
The company emerges from stealth today after 12 months of running a closed beta with leading IT and Security teams. Its first product provides an easy-to-use, employee-friendly Access Management solution that enables companies to manage their employees’ access to SaaS applications while keeping their apps compliant and secure. With a design-first approach and highly intuitive UX, it supports both IT & Security teams and employees – the direct users of software applications.
Johannes Keienburg, CEO and Co-Founder of Cakewalk, highlights:
“We are living in an era of rapid software evolution. Cakewalk’s mission is to enable everyone in fast-moving companies to adopt the best software applications. And still stay in control over them.”
On why we invested, our Managing Partner Carlos Espinal, comments:
“Cakewalk’s SaaS Access Management solution solves a real pain for SMBs who are increasingly exposed to cybersecurity risks. With its design-first, employee-friendly approach, the platform enables companies to adopt innovative software solutions while preserving high security and compliance standards. We are excited to back Johannes, Gil, and Gonzalo, a highly experienced team with strong backgrounds in the automation, security, and data compliance space.”
We are excited to participate in Cakewalks’s €3 million funding round, led by Fly Ventures and joined by Possible Ventures and prominent Business Angels.