
Axel Springer Plug and Play
Markgrafenstraße 14, Berlin, 10969, Germany
Overview
Axel Springer Plug and Play is a Berlin-based pre-seed startup accelerator. They do not just invest money. They know that the real value is in the people. The founders, the people in their team but most importantly the people they know. They connect their companies to mentors, clients and investors. They are a joint venture between the Plug and Play Tech Centre and Axel Springer. They support them in every way possible. It also means they are not bound to one region, one topic, one opinion. They offer a global network and international opportunities.
- Total investments
- 7
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Digital Media
- Finance
- Information Technology
- Venture Capital
Investment portfolio
- Myo
Participated · Series A · Jan 2024
Myosotis offers a software-as-a-service solution for direct digital communication between employees, relatives, and third-party service providers in care homes. The app supports photos, videos, voice messages and video calls, consolidating most communication and administrative processes into a single digital application. Led by CEO Jasper Böckel, myo enables homes to inform relatives about hygiene measures, let families participate in residents' lives, and notify doctors, pharmacies or external laundry services. The company works with over 400 customers in DACH and the UK, including DRK, AWO, Johanniter and Agaplesion. Myosotis raised €8M in Series A funding and intends to use the proceeds to grow in the DACH region and the UK, expand marketing capacity, enhance service quality, and develop new modules. The financing will support continued roll-out of their technology to more users and additional solutions for healthcare providers and families.
- 2trde
Participated · Seed · Jul 2020
2trde provides software solutions for mobility providers such as car dealerships, leasing companies and manufacturers to increase efficiency and profitability in the secondary market for used cars. Its platform aggregates bidding and connects sellers to multiple B2B marketing channels and auction partners, allowing vehicles to be offered on up to six auction platforms simultaneously. The company uses machine learning to reduce the average time needed to list used cars from 30 minutes to five minutes and covers the full process from registration to payment. 2trde serves a four‑digit number of customers and nearly 55,000 dealers and trading partners across Europe via its connected auction and trading partners. The new investment is intended to support international expansion, product development and talent acquisition as the company seeks to digitize and streamline the B2B used-car market. By simplifying trade-ins and scaling its technology-driven auction and trading solutions, 2trde aims to bring greater transparency, efficiency and profitability to the secondary market. 2trde has developed a range of B2B software solutions and a platform that lets used-car sellers access multiple marketing channels in real time. The company uses machine learning to speed up listing processes, claiming it can cut listing time to five minutes from about 30. The platform serves more than 380 customers and handles over 2,000 vehicles per month. 2trde was founded in 2017 and is headquartered in Munich. The team planned to grow from 14 to 25 employees by the end of the year. The company intends to expand into Austria, Spain, France and the Benelux region by the end of 2021.
- Careship
Participated · Equity · Apr 2018
Careship operates a Berlin-based online marketplace that connects families needing elderly care with qualified in-home caregivers using a matchmaking algorithm. Caregivers on the platform set their own prices while Careship handles billing, insurance coordination, and family communication. The company advises users on insurance benefits and reports a roughly 50/50 mix of state-funded and private customers under Germany’s care funding system. Its service is available in Berlin, three other major German cities, and North Rhine-Westphalia. Careship plans to use new funding to expand coverage across Germany in 2018 and has a longer-term vision to make the service available across Europe. Financially, the startup disclosed a further €6M round and had previously raised €4M in January 2017. Careship provides a platform to help families find qualified home-based caregivers, using a matchmaking algorithm to pair caregivers with care recipients and coordinating the practical and insurance aspects of care arrangements. The service also advises families on insurance benefits and manages the moving parts of in-home care. The company was founded by siblings Antonia and Nikolaus Albert after difficulties finding care for their grandmother. Careship sees a large market opportunity driven by demographic shifts in Europe and recent German healthcare reforms that unlocked €13.7bn for companionship services. German forecasts anticipate 3.4 million people in need of care by 2030, underscoring the demand Careship targets. The startup aims to digitize and simplify the market to bring prices down and improve access to home care.
- dentolo
Participated · Seed · Jul 2017
Dentolo operates a dental insurance platform that increases transparency around the costs of dental treatment and uses a pricing algorithm to deliver measurable value for patients and insurers. The startup says its product helps reduce costs of medical and dental treatment for both patients and payers. Dentolo has been growing rapidly since it entered the market in April 2016 and now works with more than 300 dental partners throughout Germany. The company consists of a team of IT experts, dentists, and experienced leaders from the digital economy. New capital from the seed round will be used to further improve the company's technology. Co-founder and CEO Julian Benning framed the seed round with industry experts as confirmation that the company is improving dentistry for the benefit of the patient.
- Zizoo
Participated · Equity · Jul 2016
Zizoo is a Berlin-based, SaaS-enabled global marketplace for boat rentals and on-water experiences. Its platform lists more than 40,000 boats across over 1,000 destinations and is used by more than 4,000 boat operating companies worldwide, serving customers in more than 30 countries. The platform lets travelers search and book all types of boat vacations with or without crew in a click. Founded in 2014, Zizoo aims to lead the digital transformation of the boat-rental market and continues to add to its boat fleet to reach more customers. The company recently received $7.5 million of non-dilutive growth capital to fuel expansion. Zizoo says the funding and Liquidity Group’s "Liquidity Analysis" validated its plans and will help scale its ability to serve more customers. Zizoo positions itself as a "booking.com for boats," offering a search-and-book platform for a range of sailing experiences from novice to experienced and from budget to luxury. The platform aggregates about 1,500 charter companies and more than 21,000 boats across 30 countries. The team is roughly 60 people and registered users passed 100,000 this year; the company reports 2.5x year‑on‑year revenue growth for the past three years. Zizoo operates a vertically integrated model, providing suppliers with a booking management system to simplify bookings. The company plans to use new funding for market expansion, product development and recruitment, with a focus on strengthening its US presence and growing inventory in Greece, Spain and the Caribbean. Management intends to hire about 40 more employees over the next year to meet rising demand among millennial travelers. Zizoo operates an online boat-rental and charter-management platform that gives boat operators direct access to a global market and lets customers instantly book 8,000 boats in 25 countries, with or without crew. The company aims to make boat holidays mainstream and affordable for a mass audience, serving customers predominantly from Germany, Austria, the UK and the USA. Zizoo reported a 35% average monthly growth in bookings in 2015 and is focused on scaling operations and creating a strong market position. Funds from the current round will be used to expand in core markets, pursue growth in the USA, and recruit talent with digital backgrounds. The company is based in Berlin with offices in Vienna and Zagreb and was founded in 2013.