2. August 2022 by kmoeller 0 Comments

Welcome CNC24

We are very pleased to welcome the Berlin-based IndustrialTech startup CNC24 in unserem Portfolio begrüßen zu dürfen. CNC24 is a digital B2B procurement platform through which individual precision components can be sourced transparently and efficiently.


Who is CNC24?

CNC24 offers an innovative platform for purchasing CNC parts. Thanks to the global network of suppliers, the company can guarantee free capacities, high material availability and on-time delivery of components at all times. For quality control, all parts go through an additional testing process in the in-house measuring centerbefore they are delivered.

The Berlin-based start-up intends to use the fresh capital to further develop its product, build up an automated sales organization, recruit new employees and implement internationalization plans, including the expansion of its supplier network, before the end of the year.

"CNC24 has set out to become the undisputed No. 1 for precision components in Europe. In 2019, we founded CNC24 with the goal of revolutionizing the component sourcing process,where we combine technology can be sourced personal consulting to drive smart automation. We are now very excited to have high caliber investors on our side to support our integrative platform approach and with whom we will jointly conquer the €50+ billion market for components.” 

Willi Ruopp, CEO and Co-Founder

We are looking forward to supporting the strong team around CNC24 in their further development.

Click here for the full press release.

20. July 2022 by kmoeller 0 Comments

Financing Round: Lumiform

Lumiform closes Series A financing round in the amount of EUR 6.4 million

We are pleased to announce that our portfolio company Lumiform has closed a Series A financing round of over EUR 6,4 million. 

The financing round is led by Capnamic. The VC thus joins the leader of the seed round 42CAP, EquityPitcher Ventures, Westtech Ventures and Exxeta AG, as well as well-known business angels such as Christoph Gerber, Kai Hansen - founder of Lieferando, Christian Henschel, Paul Müller - founder of Adjust, Christophe Folschette, Thibaut Britz - founder of Talkwalker and Stefan Tietze - founder of gebraucht.de.

Lumiform’s product - is an easy-to-use mobile can be sourced desktop application- that helps businesses to automate the workflows of their deskless workforce across all industries.

The intuitive out-of-the-box application enables companies to swiftly digitalize and automate their paperbased processes such as occupational safety checks on construction sites, hygiene documentation in restaurants or vehicle inspections in logistics companies, to just name a few use cases.

Most software is developed thinking about the desktop worker, even though 80% of all employees worldwide are deskless workers,who still need to heavily rely on pen and paper due to the lack of specific technology or application that suits their needs. These analog processes are time-consuming and error-prone,resulting in high costs as well as quality losses, operational mistakes, etc.
With Lumiform, we are making it easy for deskless teams to switch to a digital solution that gives them real-time insights from the field to make efficient data-driven decisions.

Lukas Blasberg, Co-Founder and Co-CEO

Over 30,000 organizations in in 188 different countries have submitted over 1.5 million forms by trusting Lumiform to help their business. Over 12,000 ready-made forms enable companies to kickstart their digitization.

With the capital raised, Lumiform will boost product development can be sourced expand its global marketing efforts.

Click here for the full press release.

29. June 2022 by kmoeller 0 Comments

Welcome Calingo

We are very pleased to welcome the Zurich-based InsurTech Startup Calingo to our portfolio. With their embedded insurance solutions, Calingo manages to bring modern technologies into the traditional insurance market.

Who is Calingo?

Calingo is a digital insurance provider with the distinction of offering personalized insurance products. Their One-Click Insurance solution can be embedded directly into the customer journey of their distribution partners. Through their data-driven approach, Calingo can assess a customer's risk profile in seconds to create personalized insurance products. Currently, Calingo has integrated home and personal liability insurance as well as property insurance into its product portfolio. Health insurance for pets will follow shortly.

Anina Lutz, CEO and Co-Founder of Calingo, says: "We need to rethink the way insurance is sold and bought, not just digitize existing processes and products.

Vanessa Orlando, Investment Analyst at EquityPitcher, explains: "We strongly believe in ecosystems and leveraging modern technology to create simple and convenient solutions for the end customer. With its embedded insurance solutions, Calingo manages to bring exactly these values to the traditional insurance market.”

We look forward to supporting the strong team around Calingo in their further development.

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 can be sourced 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 can be sourced mindfulness exercises

Andrea Buhofer, Partner at EquityPitcher Ventures, focuses on the growing relevance of patient-centric solutions in integrative digital oncology:
Personalized digital can be sourced 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 can be sourced 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 can be sourced 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 can be sourced 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 can be sourced 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 platform 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 can be sourced 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 can be sourced 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 can be sourced 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.