DYNO offers a digital platform aimed at employees and companies to simplify and improve occupational pension provision. Its software reduces manual administrative processes by 91% and uses commission-free contracts that the article says can yield employees up to €60,000 more in pension. The platform supports ETF investments and trading and is marketed to both private individuals and corporate clients. Since its founding the company has won customers including Europa-Park, Freeletics and Herrenknecht. DYNO has positioned itself to address Germany’s looming pension-gap challenge and plans to expand its customer base. The company recently extended its pre-seed financing to support scaling and further product deployment. Dyno, founded in 2021, provides an independent all‑in‑one platform to handle companies' occupational pension administration, eliminating broker commissions. The product is offered as a SaaS with a monthly per‑employee fee that the company says is typically cost‑neutral for employers once administrative savings are considered. Dyno emphasizes increased take‑up of workplace pensions and claims employees can end up with as much as €60,000 more pension in the future by avoiding commissions. The team is currently about 10 people based in Offenburg, with close ties to local universities for recruiting. Management declined a large insurer's offer that did not align with their mission and plans to scale headcount to roughly 30 employees while expanding commercial efforts in sales, marketing, and customer success. Over the next 12 months they target generating roughly €250 million in additional pension income for employees of their customers.

Total raised

$4M

Funding rounds

2

Latest round

Seed

Latest activity

Jul 2024