IMPACT51
Kaspar-Fenner-Str. 6, Küsnacht, ZH, 8700, Switzerland
Overview
Our unique approach combines early stage funding with hands-on operational support and is enhanced by access to our extensive industry networks of investors and expertise. Our Investment Focus • Early pre-seed and seed for start-ups with strong, digital innovative teams and solid business plans • Technology-driven companies with MVP, first customer traction and scalable business potential • We prefer enterprise B2B or B2B2C business with start-up HQ in Western and Central Europe • Start-ups where we can engage on a personal level and actively support the business development
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Financial Services
- Venture Capital
Investment portfolio
- Open as App
Led · Equity · Dec 2016
Open as App, founded in 2016 and based in Munich, offers a no-code platform that automatically creates business apps from users' inputs and data. The apps produced are available natively on iOS and Android, in the web, and as bot/chat clients. The company emphasizes that data control and usage remain with the customer. Open as App serves enterprise clients including ARAG, Commerzbank and Deutsche Bahn. Its commercial model is subscription-based, with the smallest package starting at €30 per month. Management is led by Stephan Methner. Investors and partners describe the no-code market as a strong growth opportunity and praise Open as App's ease of use and approach to digitizing business processes. Open As App provides a platform that automatically turns Excel spreadsheets and Google Docs/Sheets into native apps across iOS, Android, Windows Phone, Windows 10 and the web via a container app. The technology analyzes uploaded spreadsheets to identify functions such as phone calling, navigation, filter criteria, detail dialogs and BI insights, then reorganizes the data into an app format. Data on Open As App is saved and synced, and apps are interactive — users can search, calculate discounts and perform other in-app operations directly on the data. The company charges via a subscription model with a free tier for up to five users, a Business Pro tier at €79/month for up to 25 users, and a Business Enterprise tier at €1,499/month for up to 1,000 employees; customers can also bundle packages for larger teams. Open As App launched its product at TechCrunch Disrupt London. Financially, the company has raised a total of €950,000 to date, with most of that coming from the German business angel consortium Impact51.