{"id":5054,"date":"2015-10-28T08:06:44","date_gmt":"2015-10-28T07:06:44","guid":{"rendered":"http:\/\/cms.munich-startup.net\/?p=5054"},"modified":"2021-03-30T15:05:15","modified_gmt":"2021-03-30T13:05:15","slug":"entrepreneurship-fund-invests-in-veact","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/5054\/entrepreneurship-fund-invests-in-veact\/","title":{"rendered":"UnternehmerTUM \u2013 Fund invests in VEACT"},"content":{"rendered":"<div class=\"entry-content\"><p>The UnternehmerTUM fund, Seventure Partners, and existing investors Senovo and KfW are investing \u20ac2.75 million in Munich-based VEACT GmbH as part of a Series A financing round. The company plans to use the funds to further develop its products and expand sales.<\/p>\n<p>The company develops and markets a software-as-a-service (SaaS) platform for analyzing and automating marketing processes in the automotive trade. With self-learning technology and broad automotive expertise, VEACT supports its customers in making marketing and sales processes more efficient through data. To do this, VEACT leverages all available data sources \u2013 invoices, service histories, satisfaction surveys, and campaign data \u2013 and aggregates them into a customer profile. The goal is to qualitatively process this information so that individual customer profiles and recommendations for action can be created. Car dealerships and manufacturers benefit from lower process costs, improved customer loyalty, and thus higher sales.<\/p>\n<p>&quot;We&#039;ve known the team since its early beginnings,&quot; says Johannes von Borries, Managing Partner of the UnternehmerTUM fund. &quot;VEACT is a successful example of the evolution from a pure SaaS model to managed services that offer customers cloud intelligence, including the efficient outsourcing of entire processes. The team is very well positioned to leverage this huge market potential.&quot;<\/p>\n<p>In the past twelve months, VEACT has more than doubled its customer base to over 500 dealership locations.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>About VEACT:<\/strong><\/span><br \/>\n<em>VEACT GmbH develops and markets a software-based platform for digitizing marketing processes in the automotive trade. With self-learning technology and extensive automotive expertise, VEACT supports its customers in making marketing and sales processes more efficient through data. To do this, VEACT utilizes all available data sources \u2013 invoices, service histories, satisfaction surveys, and campaign data \u2013 and consolidates them into a customer profile. The goal is to qualitatively process this information so that individual customer profiles and recommendations for action can be created (predictive customer intelligence). Car dealerships and manufacturers benefit from lower process costs, improved customer loyalty, and thus higher sales.<\/em><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The UnternehmerTUM fund, Seventure Partners, and existing investors Senovo and KfW are investing \u20ac2.75 million in Munich-based VEACT GmbH as part of a Series A financing round. The company plans to use the funds to further develop its products and expand sales. The company develops and markets a software-as-a-service (SaaS) platform to streamline marketing processes in the automotive trade.<\/p>","protected":false},"author":12,"featured_media":5057,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5633,1,5635],"tags":[52,1097,23,928],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UnternehmerTUM - Fonds investiert in VEACT - Munich Startup<\/title>\n<meta name=\"description\" content=\"Der UnternehmerTUM-Fonds, Seventure Partners und die bisherigen Investoren Senovo und KfW investieren 2,75 Millionen Euro in die M\u00fcnchner VEACT GmbH.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/5054\/entrepreneurship-fund-invests-in-veact\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UnternehmerTUM - Fonds investiert in VEACT - Munich Startup\" \/>\n<meta property=\"og:description\" content=\"Der UnternehmerTUM-Fonds, Seventure Partners und die bisherigen Investoren Senovo und KfW investieren 2,75 Millionen Euro in die M\u00fcnchner VEACT GmbH.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cms.munich-startup.net\/en\/5054\/entrepreneurship-fund-invests-in-veact\/\" \/>\n<meta property=\"og:site_name\" content=\"Munich Startup\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/munichstartup\/\" \/>\n<meta property=\"article:published_time\" content=\"2015-10-28T07:06:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-03-30T13:05:15+00:00\" \/>\n<meta name=\"author\" content=\"Gastautor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:site\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gastautor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cms.munich-startup.net\/en\/5054\/entrepreneurship-fund-invests-in-veact\/\",\"url\":\"https:\/\/cms.munich-startup.net\/en\/5054\/entrepreneurship-fund-invests-in-veact\/\",\"name\":\"UnternehmerTUM - Fonds investiert in VEACT - Munich Startup\",\"isPartOf\":{\"@id\":\"https:\/\/cms.munich-startup.net\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cms.munich-startup.net\/en\/5054\/entrepreneurship-fund-invests-in-veact\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cms.munich-startup.net\/en\/5054\/entrepreneurship-fund-invests-in-veact\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2015\/10\/Veact.jpg\",\"datePublished\":\"2015-10-28T07:06:44+00:00\",\"dateModified\":\"2021-03-30T13:05:15+00:00\",\"author\":{\"@id\":\"https:\/\/cms.munich-startup.net\/#\/schema\/person\/3cdec129082ec3d895a78a836bb4c5e4\"},\"description\":\"Der UnternehmerTUM-Fonds, Seventure Partners und die bisherigen Investoren Senovo und KfW investieren 2,75 Millionen Euro in die M\u00fcnchner VEACT GmbH.\",\"breadcrumb\":{\"@id\":\"https:\/\/cms.munich-startup.net\/en\/5054\/entrepreneurship-fund-invests-in-veact\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cms.munich-startup.net\/en\/5054\/entrepreneurship-fund-invests-in-veact\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cms.munich-startup.net\/en\/5054\/entrepreneurship-fund-invests-in-veact\/#primaryimage\",\"url\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2015\/10\/Veact.jpg\",\"contentUrl\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2015\/10\/Veact.jpg\",\"width\":640,\"height\":320},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cms.munich-startup.net\/en\/5054\/entrepreneurship-fund-invests-in-veact\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cms.munich-startup.net\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"UnternehmerTUM &#8211; 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