6 SaaS Startups in München

January 24, 2023

SaaS startups have become the darling of Venture Capital investors, especially in München. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 6 VC funded SaaS startups in München .

casavi

For cooperative housing organizations and property management firms, casavi is a client communication and service portal solution. Utilizing a variety of digital platforms, including mobile, online, and email, it lets these organizations communicate with their consumers in a more effective, rapid, and user-friendly way. By integrating with processes and synchronizing with their data, casavi uses current ERP and CRM solutions to serve as the front-desk for both incoming and outgoing client interactions.

Company details:
Founders:
David Langer, Oliver Stamm, Peter Schindlmeier
Founded:
2015
Based in:
München, Bayern, Germany
Website:
casavi
Industries:
Information Technology, Productivity Tools, Property Management, Real Estate, SaaS
Latest funding:
$22,667,589
Series B
16 December 2021
Total funding:
$22,667,590
Investors
High-Tech Grunderfonds, Bayern Kapital, Digital+ Partners, Riverside Acceleration Capital, WENVEST Capital

commercetools

The largest and most rapidly expanding business commerce platform, with a cloud-native and API-first design, is called commercetools. Through the most adaptable technology, we power the Fortune 1000's best performers and give our clients the tools they need to grow and adapt in a rapidly changing market. We are regarded as a top software provider for the commerce sector by Forrester, Gartner, and IDC. The top technology financiers Accel and Insight Partners have financed us. With offices in the Netherlands (Amsterdam), Germany (Munich, Berlin, Jena), Great Britain (London), Spain (Valencia), Singapore, Vietnam, Australia (Melbourne), and the United States (Durham/North Carolina), we are able to provide our customers with around-the-clock service. The (e)commerce websites and operations of organizations like Lululemon, H&M, Peleton, Audi, Bang & Olufson, Vistaprint, Lego, and Volkswagen are powered by commercetools.

Company details:
Founders:
Denis Werner, Dirk Hoerig
Founded:
2006
Based in:
München, Bayern, Germany
Industries:
Cloud Computing, E-Commerce, E-Commerce Platforms, Information Technology, SaaS, Shopping
Latest funding:
$140,473,478
Series C
14 September 2021
Total funding:
$308,147,664
Investors
Accel, High-Tech Grunderfonds, Insight Partners, Bayern Kapital, Rewe Group

Neocom.ai

Discovering products is now simple thanks to us. Neocom is a SaaS product that enables businesses to use AI-powered Guided Discovery to better understand and engage their consumers.

Company details:
Founders:
Dana Nedamaldeen, Sebastian Slomski
Founded:
2020
Based in:
München, Bayern, Germany
Website:
Neocom.ai
Industries:
Artificial Intelligence, Internet, Machine Learning, SaaS, Software
Latest funding:
$1,184,149
Seed
1 September 2021
Total funding:
$1,184,149
Investors
Mücke Roth & Company, Gerrit Schumann

Personio

Personio offers cloud-based HR management and recruiting solutions and software for startups, and small- and medium-sized enterprises. The company enables its customers to store and manage all employee data and HR processes in one place, including vacation and sick days, approvals, salary, attendance, employee documents, performance, reporting, and employee on-boarding. Its recruiting function comprises applicant tracking, interview scheduling, candidate reviews, and many other features.

Company details:
Founders:
Arseniy Vershinin, Hanno Renner, Ignaz Forstmeier, Roman Schumacher
Founded:
2015
Based in:
München, Bayern, Germany
Website:
Personio
Industries:
Employment, Human Resources, Recruiting, SaaS
Latest funding:
$200,000,000
Series E
22 June 2022
Total funding:
$724,332,945
Investors
Accel, Lightspeed Venture Partners, Picus Capital, Global Founders Capital, Index Ventures

Ryte

With its cloud-based software, Ryte, an industry leader in website quality management, helps companies improve the quality and functionality of their websites. More than 1 million digital marketers and agencies use Ryte to enhance the technical health of their websites, boost organic traffic and conversions, and reduce legal risk. The best-known features of it are its cutting-edge crawling technique and unmatched search data. Some of the most well-known businesses in the world, like BMW, Allianz, and Sixt, rely on Ryte to monitor the quality of their websites and maintain their competitiveness online. Marcus Tandler, Andy Bruckschoegl, and Niels Doerje formed Ryte, which has its main office in Munich, Germany, and another one in Ho Chi Minh City, Vietnam.

Company details:
Founders:
Andy Bruckschloegl, Jan Hendrik Merlin Reichenbacher, Marcus Tandler, Niels Doerje
Founded:
2012
Based in:
München, Bayern, Germany
Website:
Ryte
Industries:
Quality Assurance, SaaS, Search Engine, Software
Latest funding:
$10,336,005
Series A
11 January 2021
Total funding:
$16,055,104
Investors
Bayern Kapital, Senovo, octopus investments, Chris Hitchen, Surplus Invest

Workpath

Workpath is the top provider of enterprise software, allowing businesses to carry out their goals quickly, adaptably, and successfully in a dynamic and complicated environment. Workpath involves all employees in the planning and execution process with the use of straightforward and understandable workflow tools. Executives may make better judgments about whether to adjust priorities, finances, or organizational structures thanks to its extensive analytics package.

Company details:
Founders:
Johannes Müller, Pascal Fritzen
Founded:
2017
Based in:
München, Bayern, Germany
Website:
Workpath
Industries:
Information Technology, SaaS
Latest funding:
$12,414,355
Series A
9 September 2021
Total funding:
$12,414,356
Investors
High-Tech Grunderfonds, Capnamic Ventures, Signals Venture Capital, IRIS, Jonas Rieke

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