Keto Software has successfully raised €8.4m in funding. This investment, led by Emerald Technology Ventures, includes €6.4m in equity and €2m in loans, positioning Keto Software for expanded global market reach.
Keto Software’s platform is addressing a critical need in the corporate world – measuring the return on investment (ROI) for research, development, and innovation (R&D&I) activities. Many industrial companies invest heavily in these areas but struggle to quantify the returns and align them with corporate strategies. Keto’s solution provides real-time visibility into strategic portfolio performance, leveraging advanced AI integration and a user-friendly interface.
Keto’s no-code approach significantly reduces setup times, allowing businesses to tailor the software to their specific needs without expensive custom coding. The platform’s AI capabilities provide deeper insights into portfolio performance, enabling more informed decision-making.
Keto offers smooth integration with existing systems such as HR, ERP and task management tools, creating a centralised hub for all R&D&I activities.
Keto Software has already made significant inroads in industries prioritising innovation, including:
- Renewable energy
- Industrial manufacturing
- Packaging
Notable clients include industry giants such as Kone Elevators, Danfoss, Valmet, Metso, Fortum, and Alpiq. These companies use the Keto Platform to align their objectives and strategies with R&D&I investments, gaining better transparency and improved results.
The platform’s capabilities are particularly valuable for companies pursuing sustainability goals. Keto’s solution allows organisations to visualize and manage the true ROI on sustainability investments, aligning with its environmentally conscious brand identity inspired by Finnish meadows.
Veijo Hytti, CEO of Keto Software, said, “Keto bridges these investments with strategic objectives, maximizing returns and delivering measurable impact for our clients. Michal Natora, senior investment director at Emerald, described Keto as having “all the ingredients to become a leader in this space.”
