Grownups like Babbel, EyeEm, Fleeletics, GoEuro, HomeToGo, N26, Kreditech, Outfittery, tado, Westwing and Wooga are all known to everyone. But every few seconds a startup is founded somewhere in Germany. Among these many start-ups and grownups are some start-up companies that have earned more attention. That’s why we have created a list of startups that should know a lot more people.
Highland Europe recently invested 25 million euros in the Berlin-based Camunda. It is founded in 2008 by Jakob Freund. Camunda develops software for automating business processes and has offices in San Francisco and Denver.
Sapphire Ventures, OMERS Ventures, Salesforce Ventures, and Alt Investors (General Catalyst, Benchmark, Balderton Capital, and Hercules) recently invested $ 33.5 million in Contentful, a Content Management Developer Platform launched in May 2014. In total, more than $ 78 million flowed into the start-up company, which was founded by Sascha Konietzke. Contentful is now one of the hottest deep tech startups from Berlin.
Benchmark Capital recently invested an undisclosed amount but certainly worth tens of millions into the DeepL translation service. When it comes to machine translations, no one around the globe is missing DeepL. Since 2009, the Cologne Hidden Champion has been looking after translations of all kinds. In the summer of last year DeepL, the new brand of the company, which is led by Gereon Frahling, went to the start.
Insight Venture Partners, Deutsche Telekom Capital Partners, Capnamic Ventures and Iris Capital recently invested $ 30 million in LeanIX, a software company based in Bonn. The company was founded in 2012 by Jörg Beyer and André Christ. It offers companies a software solution with which they can manage their IT structures.
Index Ventures recently invested tens of millions in Personio, an HR software solution for small and medium-sized businesses. Prior to that, Northzone, Global Founders Capital and Picus Capital advised 10.5 million euros on the new venture. Personio was founded in 2015 by Hanno Renner, Roman Schumacher, Arseniy Vershinin and Ignaz Forstmeier.
Price f (x)
Digital + Partners and Bain & Company recently invested € 25 million in cloud pricing software provider Price f (x). Other investors include Credo Ventures and Talis Capital. Founded in 2011 by Marcin Cichon, Martin Wricke and Christian Tratz in Munich, the company offers price management and CPQ SaaS solutions in the B2B and B2C sectors.
The powerful US financier Sequoia Capital, who has been noticed in this country so far through an investment in 6wunderkinder, recently invested with the old investors $ 24 million in the young cyber travel agency Tourlane. The valuation was 90 million (pre-money). A competitor of Tourlane is Tourradar. TCV, Cherry Ventures, Endeit Capital, Speedinvest and Hoxton Ventures recently invested $ 50 million for the Vienna-based online travel agency
Acton Capital and existing investors Coparion, UVC Partners and Atlantic Labs recently invested 12 million euros in the Berlin startup Vimcar. The Connected Car and Fleet Management Company was founded in 2013 by Andreas Schneider, Christian Siewek and Lukas Weber. This company connects vehicles across manufacturers and digitizes company cars and fleets. Since its foundation, about 18 million euros have been invested in the startup.
AXA Venture Partners and existing investors Acton Capital Partners, Redalpine and Atlantic Labs recently invested € 15m in HR startup Zenjob. The fresh capital is intended to drive the expansion of software technology. In the fall of 2017, 8 million euros were already flowing into the digital temporary employment agency for student temporary work. Zenjob was founded in January 2016 in Berlin. The startup employs more than 180 people.