Financing Round: Mika

Mika closes oversubscribed Series A financing round!

We are pleased to announce that our portfolio company Mika has closed a Series A financing round of over €10 million.

The Series A was led by new investor Debiopharm and completed by co-investors Ship2B Ventures, IBB Ventures, Ananda Impact Ventures and us. The fresh capital gives Mika the opportunity to accelerate its international expansion.

Mika is a personalized therapy support in oncology for all types of cancer.The app was developed by the digital health company Fosanis in cooperation with leading oncology research institutions and tumor centers such as Berliner Charité and Uniklinikum Leipzig. In addition to imparting knowledge, it accompanies patients during their illness with scientifically proven methods and validated therapy management techniques. The program includes exercise training, nutritional recommendations and mindfulness exercises

Andrea Buhofer, Partner at EquityPitcher Ventures, focuses on the growing relevance of patient-centric solutions in integrative digital oncology:
Personalized digital and easily accessible support in cancer therapy is becoming increasingly important. Mika is an extremely user-friendly app, and we are very happy to help Mika evolve and bring digital cancer therapy to more patients.”

Mika will use the new capital for international expansion. Mika is expected to become available in the UK before the end of this year. In addition, collaborations with renowned international cancer research centers are being sought for further studies on the effectiveness of AI-based personalization in digital interventions.

Dr. Gandolf Finke, Mika founder and CEO of Fosanis GmbH, said:
"Digital health applications and especially Digital Therapeutics are becoming increasingly important worldwide. Our current financing round is an important milestone in our company's history. It enables us to position Mika internationally. We welcome the new investors on board and look forward to adding new chapters to Mika's success story together with them."

Click here for the full press release.

8. February 2022 by kmoeller 0 Comments

Andrea Buhofer became Partner

Zurich, January 2022Andrea Buhofer joined EquityPitcher Ventures in mid-2019 as Business Development Manager. She now completes the Partner team with Hermann Koch and Sascha Horrig, who founded the company in 2016. In addition to the general business development of EquityPitcher Ventures, her focus includes activities in Investor Relations as well as Investments and Portfolio Management of various portfolio companies such as vestr, OnlineDoctor or Futurae.

Andrea Buhofer (1994) worked in various trading companiesbefore joining EquityPitcher. She graduated with a Bachelor of Science in Business Administration from the ZHAW School of Management and Law in Winterthur and completed her Master of Science in Entrepreneurship at the renowned UCL in London last year. During her time working for DKSH in Asia, she discovered her enthusiasm for the startup ecosystem.

Commenting on her start as a Partner at EquityPitcher, Andrea says: 

"I grew up with the entrepreneurial gene. Working in a company that is still in the process of being built up has always been something that has excited me. In the last two years, I have gained valuable experience in fundraising for our second fund as well as investing in new and existing portfolio companies. I am convinced of the potential of venture capital as a value-creating asset class and look forward to contributing to the continued success of EquityPitcher as well as to a generally thriving startup ecosystem in my new role."

Founding partner Hermann Koch is delighted with the Partnership:

"Andrea Buhofer has been instrumental in building EquityPitcher. We are in a very exciting time and see great demand for our asset class, which is why we are also planning another growth fund in 2022 . With Andrea in the partnership, we are positioning ourselves more broadly and are well positioned for the future."

Sascha Horrig adds:

"With Andrea Buhofer, we were able to win a Partner whose expertise, network and understanding of venture capital make her ideally suited to take the next step in our growth together with us. We are pleased that we were able to lay the foundation for a long-term cooperation through this partnership."

EquityPitcher Ventures will focus on the closing of the second fund with a targeted volume of CHF 50M this year and will continue to identify promising young companies from the DACH region and support them in their sustainable growth.

About EquityPitcher Ventures

EquityPitcher is an early-growth Venture Capital firm that supports promising startups from the DACH region. Through close cooperation with renowned industry experts, investors and exit partners, we pave the way for entrepreneurs to attain the three decisive success factors: capital, know-how and network.

For any questions
Sascha Horrig

Sascha Horrig

Phone: +41 (0) 44 273 07 09
Mail: sh@equitypitcher.com

Andrea Buhofer

Andrea Buhofer

Phone: +41 (0) 44 273 07 07
Mail: ab@equitypitcher.com

Hermann Koch

Hermann Koch

Phone: +41 (0) 44 273 07 08
Mail: hk@equitypitcher.com

30. January 2022 by kmoeller 0 Comments

Looking back on 2021

Dear EquityPitcher friends, family and partners 

Another "Corona year" is over, but certainly more has been said and written about it than most of you can probably handle. Therefore, we leave this topic elegantly aside in our Review of the Year 2021.

As proudly announced in last year's review, we can also announce that 2021 has been the most successful year in our company's history to date. 

Portfolio Highlights

We are particularly pleased that all 16 portfolio companies from the previous year have also performed well in 2021! Added to this there are 7 new companiesthat have been added to our portfolio in 2021. Thus, we start 2022 with 23 well-equipped portfolio companies,each with the goal of making the world better, simpler, more digital or simply more innovative! 

Besides the 7 new portfolio companies, we also participated in 5 Follow-on financing rounds in 2021. Thus, the past year was our most active year in the company's historyin terms of the number of financing rounds - 12 in total. Overall, our portfolio companies received over CHF 30 million in fresh capital in 2021! Over the entire life cycle, more than CHF 130 million have been invested in our portfolio companies!

In the process, the universe of our Co-Investors has also continued to grow. We are very pleased to have additional professional startup Investors such as Bitstone Capital, Fyrfly, TX Ventures, VR Ventures, 42 Cap or WestTech Ventures as new committed partners at our side, who also support the portfolio companies in their successful growth.

"Over 90% of our portfolio companies significantly increased YoY growth compared to 2020."

In total, 12 of our 23 companies now achieve 7-digit sales, 2 of them even 8-digit sales with positive results and profitable EBIT margins.

With 23 companies now, it would be beyond the scope of any annual review to report on all companies individually. Therefore, here is a selection of the highlights and honor to whom honor is deserved, a short summary of the prizes and Awards won:

  • RightNow, in 2021, in addition to a further doubling of its sales, has also won various awards, including the prestigious award from Business Punk and Statista as Germany's best startup employer. Moreover, RightNow won the award as Top Digitizer (Legal) of the Digitalisierungs-Initiative der Deutschen Wirtschaft as well as the second place of Deloitte's  Fast-50 Award, which honors the fastest growing companies in Germany!  
  • Guuru was honored by Forbes DACH as one of the Forbes DACH as one of the TOP AI-based solutions in the DACH region. 
  • For the third year in a row,  Futurae was named to the CyberTech100 as one of the most innovative CyberTech companies in the world.  
  • Construction Tech Review has selected Smino as one of the 10 best European BIM providers.   
  • OnlineDoctor, with its Co-CEO Dr. Philipp Wustrow, was the only Swiss company to make it into the Global Top 50 Health-Tech CEOs 2021! OnlineDoctor's second Co-CEO, Dr. Tobias Wolfwas named one of the 100 Swiss "DigitalShapers" by Bilanz.  
  • This award also goes to Péter Fankhauser, CEO of ANYbotics.  Sandra Tobler, CEO of Futurae was even honored to be inducted into the Digital Shaper's Hall of Fame this year!

We are very happy about the many successes of our startups and their founders and congratulate them once again!

EquityPitcher Jobplatform

With almost 500 jobs being created, our portfolio companies are contributing more and more each year to a successfully growing national economy. Currently, about 100 jobs are vacant! To support our startups in the increasingly raging «War of Talents», we have also launched an innovative job platform on our website in 2021, which advertises all vacancies of our portfolio companies and thus actively supports them in the acquisition of talents.

We say Thank You

Once again this year, our startups were able to present themselves to our network. Our annual "Come Together" took place in 2021 for the first time in digital form. Under the motto «Wine & Cheese», the participants did not have to do without a delicious aperitif, despite the online format, and were able to follow the pitches and exciting insides of our portfolio companies, as well as National Councilor Andri Silberschmidt live during his very exciting keynote. We say thank you to all participants!

We could name and describe countless other topics that have accompanied us in 2021, but we would rather use the remaining lines to thank our investors, partners, advisors and startups from the bottom of our hearts for the terrific support and trust they have placed in us! We feel blessed, happy, proud and grateful to be surrounded by such great people and to experience this support!
 
Thus well equipped, we are very much looking forward to the year 2022 and what may come!

With warm regards 
The EquityPitcher Team 

17. January 2022 by kmoeller 0 Comments

Welcome Sinpex

We are very pleased to welcome Sinpex, a successful RegTech-company, to our portfolio. Sinpex's vision is to revolutionize mandatory and recurring business processes in a One-Stop-Shop. 

 

Who is Sinpex?

Sinpex is a SaaS platformthat automates End-to-End-Compliance-Checks, such as KnowYourCustomer (KYC) processes, for banks and other financial services providers. Sinpex leverages the latest advances in Ai and Natural Language Processing (NLP). KYC is a mandatory process for banks to obtain information about their customers to prevent money loundring and terrorism financing. The benefits of Sinpex include faster compliance checks, lower regulatory risk, and higher customer satisfaction. Sinpex's customers today include well-known banks, accounting firms and crypto traders.

Dr. Camillo Werdich and Jannik Metzner founded the company late 2019. Since then the company has established a strong partner network with companies like PwC, Deloitte, or Swisscom. Sinpex aims to become the industry standard in digitized compliance.

Dr. Camillo Werdich states: We are more than happy to have found a perfect match between the new investors and Sinpex. I am very confident that we will build a flywheel in this enormous compliance market together.

 

We are looking forward to supporting the strong team around the two founders Camillo and Jannik in their further development.

30. September 2021 by kmoeller 0 Comments

Welcome smino

We are very pleased to welcome smino, a successful PropTech company, to our portfolio. smino offers a holistic solution for efficient communication and collaboration between all parties involved in a construction project. Their vision is to become the global standard software for open BIM project management.

 

Who is smino?

smino is a collaboration platformthat takes a comprehensive conceptual approach. It enables its customers to automate processes, save time, improve quality and ensure traceability. The tool enables ollaborative building design, construction and management, tracking all changes and workflows along the way. Special features include workflow management, writing and saving logs, and task management.

What makes smino interesting?

A large part of the daily tasks can be automated by smino which results in the central USP of smino, namely the enormous time savings and strong increase in quality. Especially in Switzerland, smino has already established itself with enowned companies from the construction industry such as Drees & Sommer, b+p Baurealisation and IBG. The further product roadmap shows that in addition to the further development of the company, smino will develop further important APIsin the near future to enable integration with other software. As smino has a large amount of project data, an AI-based project assistant will be developed to help users further improve their workflows. 

We are looking forward to supporting the strong team around the two founders Sandor Balogh and Silvio Beer in their further development.

17. September 2021 by kmoeller 0 Comments

Welcome Mika

We are very pleased to welcome Mika, a successful healthcare company, to our portfolio. With this Berlin-based startup, we now have a total of 20 portfolio companies in both funds. Mika is the first and so far only digital health application (DiGA) for all types of cancer and can therefore be used as an oncological "app on prescription", prescribable and free of charge. It helps patients to go through cancer therapy in an informedmotivated and self-determined way. 

 

Who is Mika?

Mika accompanies patients during and after cancer therapyMonitoring symptoms , mindfulnessand movement exercises, answers to difficult questions - Mika helps to better cope with the mental and physical consequences of the disease. Mika is the first oncology appapproved by the German Federal Institute for Drugs and Medical Devices (BfArM) as a digital health application for all types of cancer . Mika is being developed in close collaboration with leading oncologists, psychooncologists and cancer researchers at Charité, Leipzig University Hospital and NCT Heidelberg.

What makes Mika interesting?

The Mika app enables personalized therapy supportby combining symptom monitoring, reliable information and psycho-oncological coaching with innovative machine learning technologies.  

Mika is a approved by the German Federal Institute for Drugs and Medical Devices (BfArM) as a digital health application (DiGA) and is reimbursed as an "app on prescription" by statutory health insurers. With scientifically sound content, validated therapy management techniquesand secure data protection, sufferers are provided with a trustworthy digital cancer assistant that guides them through therapy in a targeted manner.     

The Mika app was also voted Most Innovative Product 2021 in the DiGA category at this year's Pharma Trend Images & Innovation Awards. At the same time, Mika won bronze at the MSD Health Award.

We are looking forward to supporting the strong team around the two founders Gandolf Finke and Jan Simon Raue in their further development.

22. July 2021 by kmoeller 0 Comments

Welcome Backbone

We are very pleased to welcome Backbone, as the first PropTech-Startup in our portfolio. Backbone aims to become the world's leading platform for professional real estate visuals. 

 

Who is Backbone?

Backbone provides a platform for instant ordering of real estate visualsThe software enables real estate teams to order, store and manage their visuals, while facilitating collaboration with internal and external stakeholders. Backbone was founded in 2018 by three art lovers with real estate backgrounds - Dorian de Vinck, Antoine Tomasini and Federico Leis - and has offices in Berlin, Geneva and Prague. 

Backbone works with more than 1,000 vetted photographers across Europe and uses technology and machine learning to simplify the visual production process.

What makes Backbone interesting?
The real estate industry relies in the digital age on high-quality imagery to competitively market their residential or commercial properties. This is where Backbone comes in. The three founders have managed to completely automate the entire process, from booking the photographer to completing the visual production. The excitement is on both sides, the photographers/freelancers can fully focus on the photography as the post production is done automatically by Backbone, while the real estate providers can quickly and easily get their hands on professional images and video footage. Backbone offers its customers a simple and transparent ordering process with a quality guarantee and has already convinced well-known customers.
 
We look forward to support the strong team in their further growth.

11. June 2021 by kmoeller 0 Comments

Welcome Lumiform

We are very happy to welcome Lumiform, a Berlin-based startup in our portfolio. Lumiform's goal is to become the #1 inspection application across industries! 

 

Who is Lumiform?

Lumiform is an inspection app that helps companies digitize pen and paper-based inspections with its intuitive and easy-to-learn application. They also help companies streamline quality management processes through personalized workflows. On their website, Lumiform already provides more than 12,000 templates for a wide variety of inspections that can be customized based on the quality manager's needs. Line workers and managers have uncomplicated access to the templates with the app. In this way, inspection times can be halved and documents can be prepared ready for auditing. 

What makes Lumiform interesting?
As serial entrepreneurs, the founder-brothers Lukas and Philip Blasberg have already carried out a successful exit. Lumiform has a unique and automated lead generation. Through several thousand landing pages, they have achieved a particularly high inbound rate. Lumiform, with its very user-friendly and at the same time comprehensive software, counts companies such as adidas, Aldi, BMW, Siemens and other industry leaders among its customers.
 
We look forward to support the strong team in their further growth.

22. April 2021 by kmoeller 0 Comments

Welcome rready

Today we give a warm welcome to our newest family member in our portfolio. rready has already convinced well-known companies such as Siemens Energy, Roche, Implenia and SBB with its first product "KICKBOX". In an interview, the CEO of rready, Dave Hengartner, presents the innovation platform.

What is rready?

rready is an innovation-as-a-service platformthat helps companies implement and scale Intrapreneurship and Innovation The first product KICKBOX was initially developed under the brand GETKICKBOX under Swisscom. When we rolled out the Kickbox methodology 3 years ago, we noticed that there was a high demand in this area. To become Category Leader in Corporate Innovation, we need to complement the existing product with additional products and services to establish ourselves as a global innovation player. That is why we established the umbrella brand rready As a result, GETKICKBOX, as KICKBOX has been integrated into the product range with the new products IMPROVE and FEEDBACK.

What are the products KICKBOX, IMPROVE and FEEDBACK?

“KICKBOX” is like the name already says, the kickboxing method. The Kickbox method is a well-known innovation concept, that we have developed further. Employees receive a physical toolbox and access to the platform.
Here you can find more information about "KICKBOX"

 

For our new product"IMPROVE" we have developed an app for improvement management. This program gives the opportunity to optimize the processes of the company for its employees as well as for the customers.
Here you can find more information about "IMPROVE".

 

“FEEDBACK” is a tool to test ideas and prototypes easily and quickly. Innovators are offered the opportunity to collect feedback from members of their organization in a decentralized and fast way.
Here you can find more information about "FEEDBACK".

 

Are there any other products planned?

Our goal is to establish the 3 products first, but we already have an idea for a 4th product in the area of Open Innovation, for the collaboration of companies with startups. Furthermore, there are also further development opportunities for existing products, such as KICKBOX requests for ideas for specific problems in the public or at universities. As an example, Swisscom could not only look for ideas for 5G internally, but also externally. Or Siemens is currently promoting their challenges at universities via our software.

 

What is your vision with rready?

Our vision is to build an innovation ecosystem that enables cross-industry collaboration by allowing people to work together across companies through the software. This is currently happening at Switzerland Tourism and SBB, who have launched a joint sustainability initiative using our software. Our goal is to become the leading SaaS platform for automating innovation processes in large enterprises.

Kickbox_Eco

The rready team has impressed us from the beginning with their ambitious mindset and great drive. We are happy to support rready in bringing and establishing intrapreneurship and innovation in large organizations.

7. April 2021 by kmoeller 0 Comments

Financing round: Futurae

Futurae closes oversubscribed Series A financing round!

We are pleased to announce that our portfolio company Futurae has completed an oversubscribed Series A financing round in the amount of 5 million. As one of the high flyers in our portfolio, which has performed very well over the last years, we were also able to participate in this round. The Series A is led by the new investor Euroclear and and Co-Investors such as AXA Venture Partners and ZKB. The fresh capital gives Futurae the opportunity to accelerate its international expansion. and product development.

Sandra Tobler, CEO of Futurae, said:
“The customer authentication market is stuck with insecure and unusable solutions that dampen user engagement and break the digital journey. The main driver of our rapid growth, besides the high usability and ease of integration, is the fact that we help our customers to massively reduce their high support costs”

Since our first investment in 2018 we have been able to build a trusting relationship with the founders of Futurae and we particularly appreciate the professional and smooth cooperation. In the past years, the team has been able to convince with a highly competitive and scalable product and grow strongly. and The coronavirus pandemic in particular created new challenges for companies as they had to adapt to an operating model where working from home has become the "new normal". The crisis accelerated the trend of digital transformation, and cybersecurity must now be a key issue. Demand has increased significantly, especially in the financial and healthcare industries. The ETH spin-off was able to convince with its authentication suite, that modular solutions that can be implemented easily and quickly for the individual needs of the companies.

We are looking forward to our joint journey with the Futurae team and are pleased to welcome Euroclear as a strong co-investor on board.

Click here for the full press release.