Engagement — Platform Due Diligence
Code & Co. advises Yttrium (Digital+ Partners) on Tech & Product Due Diligence in its growth investment in FTAPI, a leading software provider for secure data transfer and secure workflow automation
Munich-based software company FTAPI offers a comprehensive platform for all aspects of secure data exchange and automation, connecting people, data, and systems. Yttrium (Digital+ Partners) will invest €15 million with an option for an additional €5 million to drive expansion in the DACH region.
With the help of FTAPI, a leader in secure data transfer and secure workflow automation, organizations with a high need for security can manage the transfer of sensitive files and documents as well as automate sensitive and legally regulated workflows and processes. In doing so, FTAPI can help consolidate fragmented system landscapes, reduce costs and effort, and improve service and user experience.
FTAPI creates a new security standard for workflow automation for enterprises, government agencies, and healthcare facilities. FTAPI combines a comprehensive platform, encrypted and unlimited storage, with sophisticated and flexible tools for workflow generation and horizontal process automation.
Based in Frankfurt and Munich, Germany, Yttrium (Digital+ Partners) is a leading technology growth equity investor focused on DACH and European B2B technology companies.
Code & Co. provided Tech & Product Due Diligence ahead of the growth investment, taking an in-depth look at FTAPI’s architecture, product roadmap, engineering processes, as well as FTAPI’s proprietary encryption algorithm, probing “quantum readiness” and scalability.
Code & Co. also evaluated the company’s highly modular, cloud-native and low-code horizontal business process automation platform, which allows clients to build individualized workflows to suit their unique requirements while ensuring the fastest time to value.
The transaction underlines Code & Co.'s strong positioning as an established technology and product advisor with notable experience in cyber security and cyber resilience assessments of fast-growing companies to clients across Europe.