The Munich-based IT startup Nuclino has successfully completed an angel round with support from BayStartUP. Nuclino develops a fast and simple knowledge management system that makes teamwork more productive and successful.
In the fall, a total of five business angels from Munich and the region invested a six-figure sum. The lead investor is internet entrepreneur Florian Huber through Florian Huber Beteiligungen GmbH. Another business angel from BayStartUP Investor network is also involved.
With Nuclino All members of a work team can instantly capture, share, and retrieve knowledge. The young company aims to fundamentally improve team workflows and adapt them to the challenges of the new world of work. The product was launched in February 2016. With this round of financing, the Munich-based startup now plans to further advance product development and user service and expand its team.
“Convincing as an interdisciplinary founding team”
Nuclino scored points with the business angels thanks to its initial market successes and a strong founding team.
“Our investors were impressed by the high organic growth rate we achieved after such a short development time and without active marketing.”
said co-founder Veronika Fischer.
"We also impressed the team as an interdisciplinary founding team – we cover all the core competencies needed for software development and marketing and bring relevant practical and startup experience."
The team met on CDTM (Center for Digital Technology and Management at the Technical University and LMU Munich) and worked together on projects before founding the company. At Nuclino, Björn Michelsen is responsible for product and design. Jonathan Kienzle handles backend and frontend development. Veronika Fischer is responsible for marketing and finance.
More information is available at www.nuclino.com