Participated · Series A · Sep 2023

Kenjo builds a suite of HR and employee engagement software tailored to frontline workers at small and medium-sized businesses. Its product targets sectors including manufacturing, healthcare, logistics and retail. The company emphasizes tools to help HR managers be more efficient and to improve company culture and employee development. Kenjo plans to expand its offering beyond Europe and is pursuing growth in the LATAM region, a move it began last year. The company raised €8.8M in a Series A to support product innovation and expansion. CEO David Padilla said the funding will allow Kenjo to continue product development and reinforce its commitment to supporting HR teams. Kenjo provides a full-service HR and culture platform that automates administrative work and gives a single-view access to core employee information. The software targets small and medium-size businesses (up to 1,000 employees) and enables employees to take ownership of their professional development. It helps HR professionals manage vacation schedules, personnel evaluations, performance management, employee happiness and payroll accounting. The platform also supports recruitment and onboarding of new hires. Led by cofounder and CEO David Padilla, the company plans to use recent funding to further product development.

Participated · Seed · Mar 2023

trawa is a Berlin-based electricity provider and AI-powered software company that optimizes energy procurement and management for mid-sized industrial and commercial businesses. The company combines all available market products, including direct power purchase agreements with solar and wind farms, with AI software that analyzes consumption profiles, identifies savings potential, and creates optimized energy portfolios. Its integrated B2B solution covers energy supply, energy management, and flexibility control. trawa serves more than 100 commercial customers across over 3,000 locations in Germany and has been active in Austria since the beginning of the year. Founded in 2022, it targets businesses with annual electricity costs of at least €100,000. The company plans to use the new funding to expand its integrated B2B offering and scale its procurement and management services. trawa offers an AI-powered platform that helps small and medium-sized enterprises buy and manage renewable electricity by combining downstream customer data with machine-learning-driven procurement. The platform optimizes mixes of power sources and staggers purchases to match consumption patterns, and its management software integrates onsite assets like rooftop solar and batteries. Trawa claims this combination can enable companies to save up to 30% of their energy costs annually. The idea was conceived by co-founder and CEO David Budde while at Bain and Company in response to post‑2022 energy market volatility and tightening regulation. The startup already serves industrial customers in the DACH region, including SETEX-Textil, Amano Hotel Group, Sunmaxx, Loxxess and Coroplast Group. Financially, trawa has raised capital to support growth, most recently closing a €10M seed round. trawa is a Berlin-based provider of an AI-powered platform that helps businesses procure renewable and affordable electricity. The platform analyzes customer consumption behavior and combines that data with appropriate electricity products to enable sustainable procurement. Founded in 2022 by David Budde, Max Lüddemann and Robert Quick, the company is currently applying for a license as an energy supplier. trawa raised €2.4M in a pre-seed round to support its growth. The company intends to use the funds to build its team and further develop its AI-based software.

Participated · Series A · Mar 2023

doctorly builds a regulated, cloud-based operating system that replaces legacy practice management software used by medical practices. The product aims to cut administrative time by up to 50% and unifies billing, records, calendar, prescriptions and insurance workflows for doctors. The company sells via B2B and B2C models and claims to be the only VC-backed firm in Germany authorised to sell into the legacy practice management software industry. In 2023, just under 20% of practices contacted signed contracts, and conversion rates have improved quarter over quarter. Launched in 2022, doctorly plans to use fresh capital to expand growth in Germany, add platform features, and recruit to support commercial expansion. The team positions the product as a full replacement for legacy systems rather than an add-on service. doctorly offers a software platform designed to simplify and improve interactions between doctors, patients and the wider healthcare industry. Its product suite includes a SaaS-based practice management system and a patient health app. The company raised €9.4M in a Series A round. It intends to use the funds to expand operations and its business reach within Germany and to develop new technology features. doctorly was founded in 2018 and lists Samir El-Alami, Anna Von Stackelberg, Nicklas Teicke, Sebastian Lau, and Alexandru Boghean as founders. The business is based in Berlin, Germany. Doctorly builds practice management software for doctors and also provides a patient health app and an integration platform that enables third‑party developers to embed tools into the platform. Founded in 2017, the company says it aims to replace outdated practice management systems used by doctors in Germany and internationally. Its patient app digitizes the relationship between patients and their doctors and complements its core practice management product. The team conducted research with thousands of doctors and nurses and reports that healthcare professionals spend roughly 75% of their working day interacting with legacy software. Doctorly recently raised $5.6 million in a funding round led by Speedinvest.

Led · Seed · Sep 2022

Handly is a Berlin-based business management platform serving home service professionals and renovation companies. Its core product offers website creation and lead generation, including personalised websites to attract clients. The platform automates administrative tasks such as bookkeeping and paperwork, and provides scheduling and staff management features. Handly also offers guidance on company formation, legal documentation, pricing strategies, insurance selection, and business accounts to simplify operations. Founder Bastian Meyer built the company to remove barriers and empower skilled workers to become business owners. The company recently raised a €3.75M Seed round to support its growth. Handly develops a platform to digitise the home improvement services industry, targeting newly founded trades businesses that want to scale. Its first product helps tradespeople qualify leads and schedule work more efficiently. The company is integrating payment features and building partnerships with financial institutions to offer factoring services. Handly aims to serve a market estimated at €5 trillion worldwide by digitising the end-to-end customer and payment experience. The platform is already in use by more than 300 businesses. The founding team comprises Bastian Meyer and Klaas Krüger.

Participated · Seed · Jul 2022

luca originally gained wide adoption in Germany as a QR-code–based Covid contact-tracing app used by public health departments. Facing declining government contracts (about €21.3 million) as cases fell, the company repurposed its QR-code technology and partner relationships to launch luca pay, a payments and full-service hospitality platform. The company launched luca pay in June and reported roughly 2,000 locations onboard within weeks, with an addressable partner base the company says approaches 450,000 restaurants and shops. luca has emphasized data protection: it designed its system for anonymity, collaborated with Prof. Dr. Marian Margraf, employed a three-key failsafe, and earlier this year deleted some 41 million anonymised datapoints. CEO Patrick Hennig positions luca pay as a way to cut intermediaries, streamline ordering-to-payment workflows, and help merchants reduce costs and staffing burdens. The company plans to expand luca pay across Europe in the coming months, beginning with the UK, Spain, France, Italy, Greece, Croatia, and Portugal.