Rencore
Cloud collaboration governance SaaS provider, helping organizations to stay in control of their Microsoft 365 cloud.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
N/A | Angel | ||
| Total Funding | 000k | ||
| EUR | 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | - | - | (5 %) | 47 % | 64 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
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Rencore was founded in 2013 by Matthias Einig, Matthias Seidel, Torsten Mandelkow, and Erwin van Hunen, who brought together their extensive experience as Microsoft Most Valuable Professionals (MVPs) to address a gap in the market for governing cloud collaboration technologies. The company is headquartered in Munich, Germany, and has established a global presence with a team distributed across several countries. Their collective expertise in the Microsoft 365 and SharePoint ecosystems formed the bedrock of Rencore's mission to help organizations maintain control over their collaborative cloud environments.
The firm specializes in providing a software-as-a-service (SaaS) platform called Rencore Governance, which is designed for the comprehensive governance of Microsoft 365 services, including Teams, SharePoint, OneDrive, and Power Platform. The platform addresses the challenges of cloud collaboration sprawl by offering automated discovery, monitoring, and management of these services. It caters to a wide range of clients, from IT administrators in mid-sized businesses to central IT departments in large enterprises, who need to ensure their cloud usage is secure, compliant, and cost-effective. The business model is based on subscriptions to its SaaS platform, with pricing likely tiered according to the scale of the client's operations.
Rencore Governance provides a centralized dashboard that offers a complete inventory and continuous monitoring of the client's Microsoft 365 tenant. Its key features include policy enforcement, which allows administrators to define and automate rules for everything from naming conventions to external user access. The platform also identifies and helps manage unused resources to optimize license spending. A significant benefit is its ability to automate responses to policy violations, such as notifying owners or archiving inactive workspaces, thereby reducing the manual workload on IT teams. This focus on automation and providing a single, comprehensive view of the entire Microsoft 365 environment constitutes its primary value proposition.
Keywords: Microsoft 365 Governance, Cloud Collaboration Management, IT Automation, SaaS Platform, SharePoint, Microsoft Teams, Power Platform, Cloud Security, Compliance Management, Cost Optimization