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)
Verso offers sustainability management software for medium-sized companies. The company aims to accelerate and simplify the transformation of the economy toward sustainability. To this end, the Munich-based medium-sized companies offer a SaaS solution with which they can manage their activities in the areas of sustainability, ESG (Environment, Social, Governance), and CSR (Corporate Social Responsibility). Founded in 2010, the startup last attracted investors at the end of 2022. At that time, Nord Holding invested an undisclosed sum. The timing for the next financing would therefore be perfect: Dealroom Signal awards it 98 points, while Verso scores a total of 85. (Photo: Verso)
With 100 points in the Timing segment – out of a total score of 83 points – the Dealroom Signal Ebenbuild ready for the next investment. The Seed financing The Munich-based health tech startup's €2.5 million investment is already some time ago. Ebenbuild develops personalized lung simulation models, so-called digital twins, based on patient data. These are designed to predict airflow, acting forces, and tissue expansion within the lungs and calculate digital biomarkers from them. This helps physicians accurately assess the effects of ventilation on the individual patient and make informed treatment decisions. (Photo: Ebenbuild)
Filu aims to become the leading provider of pet care in Germany. Founded in 2022, the three founders Anna Magdalena Naderer (CVO), Christian Köhler (CEO) and Justus Buchen (COO) have already Seed round in November 2023 5.1 million euros At the beginning of the year, the Munich-based veterinary startup expanded to Cologne and opened its fifth veterinary practice there. The Dealroom Signal sees the timing for the next financing round at 100 points. Overall, the Munich-based startup has a score of 81. (Photo: Filu)
The Munich-based Fintech Ivy has developed an API to enable open banking payments around the world. Direct account-to-account payments eliminate the need for intermediaries like Visa and thus their transaction fees. So far, however, providers of open banking technologies have largely limited themselves to domestic transactions in a single currency – Ivy aims to change this. In September 2023, the startup secured both a Seed– as well as a Series A financing Now the timing is back at 100 points—at least according to the dealroom signal. Overall, the startup is settling at 80 points. (Photo: Ivy)
Village Data Analytics, or Vida for short, has developed geoinformation software for decision-makers in companies, NGOs, and government agencies. This software offers a wide range of real-time location information, such as geodata and high-resolution satellite images. The Munich-based company also enriches the information with quality-assured on-site data, for example, on potential customers, local industry, or telecommunications. The startup also promises to be able to map local physical climate risks up to the year 2080. In this way, Vida aims to enable data-driven investment, business, and political decisions in rural villages in Africa and Asia. The Munich-based company also offers a more comprehensive due diligence review of investment opportunities. The last investment in Vida was some time ago: In September 2023, the Munich-based company received three million euros. But it's not just the timing (100 points) that impresses, but also the team (79 points). The overall score is 66. (Photo: Vida)