FinTechs combine financial knowledge, services and offerings with new technologies. In recent years, a number of FinTech start-ups have made a name for themselves and are seen as serious competition by some traditional financial service providers. But not every FinTech start-up is a threat to traditional financial business, there are also business models that support such offers – for example the Munich start-up Betterfront. This article is based on the unique List of the 200 most important venture capital investors in Germany.
- Article based on the database of the 200 most important Venture Capital Fonds in Germany
- Useful information such as investment focus, selection of top investments, year of foundation, etc.
- Including contact data: E-mail address, address, URL, telephone number, management, etc.
- Direct download as Excel file via the online store possible
- Free preview file available on request
- database is perfectly suited for identifying venture capital funds
Analysis and fundraising platform for fund managers
The platform developed by Betterfront aims to support fund managers of investment companies in their work by providing a simple and convenient way to perform data and market analysis to facilitate investment decisions. At the same time, the platform will help to prepare and present key information for investors in a clear and concise form. Objective: Attracting and retaining fund investors – also known in specialist circles as fundraising. Betterfront focuses on the information needs of the particularly demanding institutional investor clientele, for example insurance companies, pension funds or pension schemes.
Betterfront is a young company and was founded in 2019 by Michel Geolier, former investor at Siemens Fonds Invest. The main focus is on product design and software engineering. Different skills and competences have come together here in an ideal way. The necessary capital base is now being provided by seed financing from High-Tech Gründerfonds, among others, together with a group of business angels.
The High-Tech Gründerfonds is a venture capital company based in Bonn, which has been in existence since 2005. At that time, the initiative for the foundation came from the Federal Ministry of Economics, the KfW as well as from some well-known companies of the German economy. It is a Public Private Partnership. Since its foundation, the fund has made almost 600 investments in start-ups and young companies and has realised almost 120 exits. The fund volume amounts to almost EUR 900 million. The 35 fund sponsors include the DAX companies BASF, Bayer, Deutsche Post, RWE and SAP – some of them represented by VC subsidiaries.
Source: Deutsche Startups Picture source: Unsplash