• Remind.me

  Participated · Series A · Jul 2019

  remind.me provides users a reminder and optimization service for contracts and insurance policies, covering electricity, gas, mobile phone and car insurance. The platform helps users monitor and optimize recurring contracts and renewals. The company has operated since 2017 and was co-founded by Daniel Engelbarts and Christian Lang, who previously founded Sparwelt.de and sold it to RTL in 2014. remind.me has signed partnerships with Burda, RTL, Viessmann and Fidorbank. The startup generates six-digit monthly revenues and its team consists of 25 people. It plans to use the new funds to expand its team and further develop its technological platform. remind.me is a Berlin-based fintech/insurtech startup that provides users with a reminder and optimization service for contracts and insurance policies. It covers electricity, gas, mobile phone contracts and car insurance. For electricity and gas the company offers a fully automatic switching service that enables users to capture annual savings without manual effort. The optimisation service is free of charge for all users at all times. The startup commenced operations in early 2017 and its revenues are already in six-figure territory. remind.me plans to use the €1M seed financing to expand its team and further develop its technological platform.

• Wunderflats

  Participated · Equity · Nov 2017

  Wunderflats is a Berlin, Germany–based platform that provides temporary furnished housing by connecting tenants and property owners. Co-founded in 2015 by Jan Hase and Arkadi Jampolski, the company is described as a market leader in its segment. It currently employs over 100 people. In July 2021 Wunderflats raised $21m in growth funding led by Verdane. Verdane is investing through a combination of primary and secondary capital. The company intends to use the funds to expand to Europe and to further invest in its product. Wunderflats is a Berlin-based proptech startup that helps people find furnished apartments for rent. Its core product is an online marketplace connecting renters with furnished apartments. Last week it secured €8 million in funding to support its growth. The investment came from Proptech1 Ventures and prior backers including Creathor Venture, VC Fonds Kreativwirtschaft der IBB Beteiligungsgesellschaft and Axel Springer. The funding round happened last week and largely flew under the radar. Wunderflats previously raised €3 million in seed funding in November 2017. Wunderflats is a Berlin-based online platform that lists furnished apartments for rental starting at one month or longer. All listings are fully furnished, can be used as official places of residence, and include all ancillary costs in the rent. The service targets professionals, consultants, freelancers and expats on extended work-related stays. For landlords, Wunderflats offers access to more than 1,000 selected business partners, tenant verification, apartment photography, automated advertising on partner classifieds like Immobilienscout24, and contract and payment handling. The company was co-founded in 2015 by Jan Hase and Arkadi Jampolski. It intends to use the new funds to support product innovations and further growth.

• Foodspring

  Participated · Equity · May 2017

  Foodspring sells superfood and sports foods through its online shop, including protein shakes, organic chia seeds, and coconut oil. The company reports seven-figure monthly sales and employs 80 people. It is active across multiple European markets and Asia, operating in Germany, Austria, Switzerland, France, Belgium, the Netherlands, Denmark, Finland, Sweden, Italy, Spain, Hong Kong, China and the United Kingdom. Foodspring plans to add new products and continue its expansion in Europe using the new funding. The description focuses on its direct-to-consumer product assortment, geographic reach, and current operating scale.

• iPrice Group

  Participated · Series A · Dec 2016

  iPrice Group is a Southeast Asian price-comparison platform that aggregates offers from more than 7 billion products and 8 million sellers. It operates in seven countries: Malaysia, Singapore, Indonesia, Thailand, the Philippines, Vietnam, and Hong Kong, and positions itself as an online shopping companion. Core features include comparing products, prices, seller reputations, delivery conditions, aggregating seller vouchers, and app-based alerts such as its newly launched Price Watch service. Price Watch launched in Indonesia and is scheduled to roll out to Singapore, the Philippines, Malaysia, Vietnam, and Thailand in 2022. With new funding, iPrice plans to expand into the consumer lending market to help users find loans to fund purchases, citing a Google prediction that digital lending in Southeast Asia could reach $92 billion by 2025. The company already lists lending partners including Payku (Itochu's subsidiary in Indonesia), Home Credit, Julo, Cashalo, Smartpay, and ZIP, and says the additional capital will support deeper lending partnerships and product rollouts. iPrice Group is a Malaysia-based online shopping companion and e-commerce aggregator focused on Southeast Asia. The platform aggregates six billion offers from more than two million sellers, enabling users to compare products, prices, seller reputation, and delivery conditions in one place. iPrice's stated mission is to bring greater transparency, convenience, and trust to consumers in SEA to help them save money. The company has partnerships with Home Credit (Indonesia), Thairath (Thailand), GoRewards (Philippines), Boost (Malaysia), ViSenze (Singapore), and SmartPay (Vietnam). CEO Paul Brown-Kenyon said iPrice built a product to embed e-commerce into apps and platforms and aims to be a prime partner for leading platforms and super apps in the region. With the newly raised funds, iPrice plans to further refine its product and accelerate the rollout of partnerships while working towards a Series C funding round. iPrice Group operates a price-aggregation and comparison-shopping platform across Southeast Asia, pulling together listings and prices from numerous e-commerce sites. The platform claims to aggregate more than 1.5 billion products from over 1,500 e-commerce partners and says it is the leading product aggregator in Indonesia, Vietnam, Thailand, the Philippines, Singapore, Malaysia and Hong Kong. iPrice reports more than 20 million monthly visitors and about 5 million transactions made through its platforms in 2019. Its core iPrice unit accounted for roughly half of the company’s revenue and operated at a 30% EBITDA margin, a profitability level the company expects other businesses to reach in two to three years. iPrice partners with super apps such as Line and Home Credit to expand reach, and it began by collecting coupons before expanding into broader price aggregation. The company plans to use new funding to develop product-discovery features, including recommendations and professional product reviews. iPrice is an aggregation service that pulls e-commerce websites across Southeast Asia into a single destination, having pivoted from a coupon site to an aggregator. The company offers more than 500 million SKUs across Malaysia, Singapore, Indonesia, Philippines, Thailand, Vietnam, and Hong Kong. It reports over 50 million visitors since December 2016 and is targeting 150 million visitors in the current year. iPrice generates B2B revenue by working with media groups and brands — clients include Mediacorp in Singapore and Samsung in Indonesia — alongside driving consumer traffic to e-commerce partners. Electronics have been a particular driver of its traffic and listings. The company is headquartered in Kuala Lumpur and was founded in 2015. iPrice operates a meta-search e-commerce aggregation service that aggregates product discovery and price comparison across online retailers in Southeast Asia. The platform has built a cleaned, sorted database of retailer and buyer data that the company says is unique to the region. iPrice is Malaysia-based, active in seven countries and employs more than 100 staff, working with retail partners to drive visibility, traffic and sales. The company added price comparison functionality in September and plans to use its dataset to introduce additional features and affiliate revenue products for media companies and independent bloggers. CEO David Chmelar said the company began with product discovery, expanded after seeing traction, and now sees multiple potential uses for its dataset. On the financial side, iPrice closed a $4M Series A and the CEO said the funding gives potential to reach break even and profitability, though no timeframe was provided.

• iMoney Group

  Participated · Series A · Oct 2013

  iMoney operates an online platform that allows consumers to compare and apply for loans, car insurance, credit cards and other services from banking partners including OCBC, Maybank, AIA, CIMB, Alliance and AmBank. The company currently refers $70 million a month in business to financial institutions and says it is the largest financial comparison business in the region. iMoney is growing at double digits month-on-month. It plans to use the new capital to accelerate growth in Malaysia and expand into other markets where it already has a presence, such as Indonesia, Hong Kong and Thailand. The company will invest in user acquisition and strengthen operational teams on the ground. iMoney also appointed former CIMB, Citi and RBS banker Bruno Araujo as co-founder and Chief Revenue Officer. iMoney operates a free comparison platform for banking services and financial products, allowing users to compare and apply for mortgages, personal loans, credit cards and more. The site also maintains a large library of educational finance content designed to help consumers make informed decisions. According to the company, it averages 150,000 visitors per month and generates more than US$50 million in business for financial institutions each month. iMoney is based in Malaysia and has a shop in Kuala Lumpur. The startup is planning to expand across Southeast Asia, with Indonesia, the Philippines and Vietnam cited as next targets. CEO Lee Ching Wei says the site was born out of frustration over the lack of a public portal for comparing interest rates and applying for loans online.

No current team members are available.