Category: Uncategorized

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 lead 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 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.

12. March 2021 by kmoeller 0 Comments

Come together 2021 “Wine & Cheese”

On March 5, 2021, we celebrated our annual “Come together” in the unique “Wine & Cheese” format  and for the first time in virtual form. Despite the circumstances, the online event was a great success.

The “Come together” gives our portfolio startups the stage to introduce themselves to the entire EquityPitcher network and to connect with each other. This is where our founders, advisors, investors and members of the EquityPitcher family meet.

You can get further insights in the video below, where we have summarized all the highlights for you:

Highlights

 

Welcome

Like in every «Come together» Hermann & Sascha opened the event and gave insights into the past year, the current status as well as the outlook for the coming year with EquityPitcher.

Portfolio Showcase

In the Portfolio Showcase Andrea & Lukas presented our portfolio startups Navus, Cormo, iLocator, Xatena, AirConsole, YukkaLAB and Opinary and their highlights from 2020 as well as the development for the coming year. For the Ask & Needs of the startups, the entire EquityPitcher network was activated on this occasion.

Q&A

In an interesting Q&A session, the founders of the startups (Beelinguapp, Guuru, vestr, ROOMZ & viselio) that raised a funding round in 2020 gave us an insight into their industries and activities.

Keynote

FDP National Councilor Andri Silberschmidt provided exciting entertainment with his keynote speech on the topic of "Political Agenda for the Startup Ecosystem". Among other things, Andri gave an insight into where there is currently potential for improvement and what concrete proposals for solutions look like that are being discussed in the parliament.

Panel

The panelists Dr. Torben Antretter (RightNow,), Fredrik Isler (ANYbotics) and Philipp S. F. Wustrow (OnlineDoctor) shared with us their experiences on "growth funding during COVID-19."

Despite receiving great feedback for the event, we would be very happy to have the "Come together" 2022 physically again! 

 

26. January 2021 by kmoeller 0 Comments

Looking back on 2020

Dear EquityPitcher friends, family and partners 

What a way to start the new decade! The world has changed so fast that no one could have even imagined it in 2019!

For more than a year now, there is only one dominating topic - COVID-19. Also for us as EquityPitcher, this all-changing, world-wide impact has turned many things upside down! Our thoughts are with all the people who have been hit so hard by this pandemic in terms of health and/or economy. Our thoughts are with those who faced extreme economic challenges during this time and especially with those who lost their loved ones.

We as EquityPitcher were - thank God - mostly spared from all these negative effects. On the contrary; we have to admit that 2020 was by far the most successful year in our company's history to date! 

The news that excites us most, of course, is that all (!) of our 16 portfolio companies survived 2020 well. This is by far not self-evident, as we also have companies from the travel and event industry in our portfolio, among others. Furthermore, all of our portfolio companies - like many other companies - were temporarily held back from any sales activities. At the same time, some of them had a financing round coming up, and uncertainty was very widespread at the beginning of the pandemic. Our founders had to think about what to do next, be inventive and agile to keep their young companies, which do not yet have a renowned name, on track.

 

Portfolio Overview

However, our portfolio companies not only managed to survive the period with a degree of stability, but a majority of our 16 companies even achieved tremendous success in 2020.

 

"More than 60% of our portfolio actually saw a significant increase in YoY Growth over 2019!"

With RightNow, we have a company in our portfolio that has achieved revenues in the double digit range of millions!

OnlineDoctor has been successful in acquiring the largest German health insurance company, die Techniker, as a customer & partner, which means that 11 million insured people from Germany now have direct access to Online Doctor's services! 

Futurae was able to enter a partnership with a very prestigious and world-leading financial services provider, which can definitely be considered as a milestone. 

Xatena has managed to increase the purchasing volume on their platform to over CHF 200 million!  

Vestr has increased the number of its customers by five times!

With an increase of over 7 million users, AirConsole can clearly be counted among the winners of the pandemic! 

Guuru was voted the most customer friendly service provider in the UK and won other big key accounts! 

Navus, as an event service provider, actually definite victim of the pandemic, has nevertheless managed to restructure itself in time, organize new financing and is now back on track for growth!

CormoiLocatorOpinaryROOMZ & Yukkalab have all managed to win new customers, further expand their business & set the right course for 2021. 

We also had the pleasure of welcoming 3 NewcomerAnybotics,Beelinguapp & viselio to our portfolio. The cooperation with viselio already started with existentially threatening challenges. Revenues from their core business, electronic visa creation, dropped virtually to 0 overnight. However, the team was so agile & professional and seized the opportunities that arose during this time. In the meantime, viselio generates monthly 6-digit revenues by selling PCR tests and is one of the leading companies in this field! An absolute beneficiary of the crisis, on the other hand, is our last newcomer, Beelinguapp, which offers a special kind of "language learning". Already over 3.5 million downloads are speaking for themselves!

Last but not least, we have Anybotics, the winner of the Swiss Economic Forum as best high-tech startup 2020, in our ranks. It's nice to mention that we were the first VC to believe in the team at a preliminary stage and accordingly invested in Anybotics even before the recently closed financing round.

"In 2020, over CHF 55 million (!) of fresh capital was invested in our portfolio!"

 

Financing rounds? Successfully completed financing rounds are an important indicator for the success of a portfolio, as they show that a company has developed well and that other, often larger investors believe in the success of a company.

We are proud to announce that in 2020 alone, more than CHF 55 million (!) of fresh capital was invested in our portfolio! In total, more than CHF 100 million have now been invested in our portfolio companies!

With Swisscom Venturesthe Wyss FoundationSwissHealth Ventures (CSS), Project AMutschler VenturesJoyance Partners as well as various other professional investors, we were again pleased to welcome new renowned and great co-investors to our portfolio in 2020.
300 created jobs is another key figure that we believe reflects that a Portfolio is moving in completely the right direction.

This is also confirmed by the personal awards that the founders have received in the last year. We are happy to announce that with Benedikt, Philipp & Torben from RightNow we have now 3 Forbes 30 under 30 selected founders in our portfolio. Equally highly decorated was Sandra Tobler from Futurae, who received the award for most innovative entrepreneur of the year. 

About EquityPitcher Ventures

Finally, a few words about ourselves. One reason why we are able to announce the above-mentioned successes is that the financial resources we have received enable us to make targeted investments in such promising companies. Many thanks to all investors so far! At least as important as the capital is the fact that we have a great team that makes the selection and support of these companies possible in the first place. In addition to our core team, this includes above all our Board of Directors, our advisors and VP Bank with its highly professional team!

With now more than 50 industry experts, who bring us an invaluable added value through their know-how, it is only possible for us to win such successful startups for our portfolio and to support them in their growth according to all our possibilities! Many thanks for this!

So all that remains for us to say is that we are looking forward enormously to 2021 - to the further development of our portfolio companies,that automates new startups that will enhance our portfolio, the further growth of the unstoppable growing Swiss venture capital/startup ecosystem, to the people we will meet and the hopefully soon coming end of the pandemic and the personal exchange!

With warm regards 

The EquityPitcher Team 

18. December 2020 by kmoeller 0 Comments

Financing round: OnlineDoctor

OnlineDoctor closes oversubscribed Series A funding round of 5.5 million!

The founders Dr. Tobias Wolf and Dr. Philipp Wustrow of the internationally award-winning Swiss telemedicine startup OnlineDoctor AG were able to attract further renowned new investors in this financing round. The Swiss health insurance company CSS which invested in digital health startups with Swiss Health Ventures AG , took the lead in this round. In addition, with Mutschler Ventures and the US investor PilotRock Ventures, further significant new investors were acquired. 


Already in 2019 EquityPitcher Ventures joined OnlineDoctor and now participated again in this financing round together with other existing investors such as Forty:one and various angel investors, such as Dr. Ole Wiesinger, former CEO of the Hirslanden private hospital group, played a major role in the capital increase. 

This makes a total of more than CHF 8 million in venture capital that has flowed into the company.


Click here for the full press release.