Which startups have the best prospects of successfully completing a financing round soon? We take a look into the crystal ball and introduce you to five companies that are ripe for investment.
When assessing which startup is ready for investment, we base our assessment on the “Dealroom Signal” of the Munich Startup Insights. This evaluates companies based on four categories: "Timing" indicates how much time has passed since the last financing round; "Growth Rate" refers to the startup's growth rate; "Founding Team" considers the founders and the successes they have already achieved; and finally, "Completeness" refers to the startup's data situation within the insights. Startups can achieve a maximum score of 100 in all four categories, as well as in the overall ranking. (Photo: cac_tus / stock.adobe.com)
The Munich healthtech startup Deepeye Medical has developed an innovative diagnostic solution for the prevention of blindness. In 2021, Manuel Opitz, a health technology entrepreneur, and Ratko Petrovic, a software developer at several health tech startups, founded Deepeye Medical together with a group of leading ophthalmologists. With its platform, the startup specializes in the treatment of age-related macular degeneration (AMD), which affects the central area of the retina of the eye. At the end of 2023, Deepeye Medical secured seed funding of €2.5 million, and its dealroom signal now stands at 84 points. It's not timing (9 points) that's driving the score, but growth rate and completeness. Both categories are at 90 points. (Photo: Deepeye Medical)
Kertos was founded in November 2021 by Kilian Schmidt, Johannes Hussak, and Alexander Prams. The company claims to offer the first European data protection and compliance product that automates operational business processes. Kertos' solution requires no programming knowledge for implementation. The young company secured four million euros in a seed round in spring 2023. Dealroom Signal currently considers the timing (100 points) for another round of financing to be perfect. Overall, Kertos achieved a score of 84. (Photo: Kertos)
Conxai leverages existing infrastructure on construction sites to digitize them. The AI platform collects and analyzes data from cameras and other available sensors to analyze construction activities and interpret how they impact the development of building structures. This allows for automated real-time monitoring of the construction site, and cost-optimizing events, safety, quality, and logistics can be identified and reported. Furthermore, a clear dashboard makes all registered events on a construction site searchable. In January 2022, Conxai closed a seed round of €2.7 million, and the next round is likely on the horizon, judging by Dealroom Signal, which gives the startup a 100 for timing. (Total score: 80) (Photo: Conxai)
Tanso enables companies to determine their carbon footprint. The Munich-based startup thus operates in a rapidly growing market: Until now, only large corporations were subject to CO2 emissions reporting requirements. Starting in 2025, however, every company with an annual turnover of over €40 million, a balance sheet total of €20 million, or more than 250 employees will be required to calculate and publish its carbon footprint as part of its regular annual reporting. A cash injection of €6.5 million was already paid into the company's account in April 2023, and the timing for the next round is set at 100 points. Overall, the deal room Signal ranks Tanso at 79 points. (Photo: Tanso)
Alasco has set itself the goal of bringing the construction and real estate industry up to par with leading digital industries. To this end, the startup has developed cloud-based software that simplifies financial controlling and ESG management for project developers, property developers, and asset managers. Since its founding in 2018, the Munich-based startup has received considerable support from investors. Investors such as HV Capital, Picus Capital, Global Founders Capital, and the Flixbus founders have already invested in Alasco. The startup most recently closed its €35 million Series B at the end of 2021 – so the next investment could be coming. In the Dealroom Signal index, Alasco scores 78 points, with 67 points in the Timing category. (Image: Alasco)