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List of German startups to watch in 2020. Part III

Germany is one of the leading startup powerhouses in Europe, attracting $4.8 billion in venture capital funding in 2019. The Sifted team has chosen a list of startups to follow in 2020. AIN.TECH publishes the third part of 20.

  1. Mambu

Founded: In 2011 by Eugene Danilkis, Frederik Pfisterer, Sofia Nunes

Valuation: €120-€180M

Mambu is SaaS banking engine powering innovative lending and deposits. The company provides financial institutions of all sizes with the agility to rapidly design, launch, service and scale their banking and lending portfolio. Its technology already powers over 6000 loan and deposit products which serve over 8 million end customers in more than 46 countries. 

  1. Quandoo

Founded: In 2012 by Anton Rummel, Daniel Glasner, Philipp Magin, Ronny Lange, Sebastian Moser, Tim-Hendrik Meyer

Valuation: €210M

Quandoo develops restaurant reservation platform that connects diners with over 17,000 restaurants in 12 countries via a table reservation system. Quandoo is a subsidiary of Recruit Holdings, and with its sister companies HotPepper and AirRegi, forms the world’s largest restaurant marketing and software company. 

  1. Enfore

Founded: In 2009 by Marco Boerries

Valuation: €138-€207M

enfore builds an open business platform to develop solutions that help small businesses around the world to run their business by providing them with access to the tools and efficiencies the large enterprises possess. enfore also develops business devices, such as enforeDasher, combining multiple hardware components in a POS terminal, and payment device enforePayPad. 

  1. Amboss

Founded: In 2012 by Benedikt Hochkirchen, Jan Sievert Weiss, Kenan Hasan, Madjid Salimi, and Nawid Salimi

Valuation: €120-€180M

Amboss is a digital medical resource that makes medical knowledge universally accessible. Students use the interactive library and high-yield question bank for general study and exam preparation, while professionals in over 180 countries rely on Amboss to make clinical decisions guided by evidence-based recommendations.

  1. Caroobi

Founded: In 2015 by Mark Michl and Nico Weiler

Valuation: €73-€109M

Berlin-based company Caroobi is an integrated marketplace for automotive aftersales. The company said its mission is to provide the best end-to-end repair experience with a 100% transparent and easy booking process. 

  1. Auxmoney

Founded: In 2007 by Philip Kamp, Philipp Kriependorf, Raffael Johnen

Valuation: €58-€87M

Auxmoney is an online peer-to-peer loan marketplace created to offer a means of exchange between people. Its lending platform enables private consumers to borrow from private investors for personal loans, thereby providing borrowers with a bank free borrowing system and a return on investment for lenders.

  1. Watchmaster

Founded: In 2015 by Ronny Ahlswede, Ronny Lange, and Stephan Heller

Valuation: €36-€54M

Watchmaster creates a digital platform for luxury watches that, according to the company, combines the security and service of a classic jeweller with the comfort and favourable prices of eCommerce. Watchmaster obtains its products from private individuals and more than 1,800 authorized retailers around the globe.

  1. Bonify 

Founded: In 2015 by Andreas Bermig, Gamal Moukabary, Jan Ortmann, and Josef Korte

Valuation: €22-€33M

Bonify is a Berlin-based fintech that develops a platform via which users evaluate their real-time creditworthiness and have access to easy-to-read credit reports and personalized score insights for free.

  1. Joblift

Founded: In 2015 by Lukas Erlebach

Valuation: €40-€60

Joblift develops a job search platform. The company applies machine learning techniques and big-data based algorithms in order to offer users the most relevant job vacancies. It is operating in the US, the UK, Germany, France and the Netherlands, and offer over 10 million vacancies on the platform.

  1. Automation Hero

Founded: In 2017 by Stefan Groschupf

Valuation: €53-€79M

Automation Hero provides an end-to-end intelligent automation platform for modern enterprises. Its backend focuses on three key areas: augmenting employee decision making, eliminating repetitive and time-consuming tasks and automating common customer asks.

  1. Onefootball

Founded: In 2007 by Lucas Cranach

Valuation: €25-€38M

OneFootball is a football media platform for the new generation of football fans. It is available in 12 languages and has regional offices in London, New York, Mexico City and São Paulo.

  1. Dubsmash

Founded: In 2014 by Daniel Taschik, Jonas Drupel, Roland Grenke, Tim Specht

Valuation: €36-€54M

Dubmash is a video-sharing social media service application. Using it, users can choose an audio recording or soundbite from movies, shows, music, and internet trends and record a video of themselves dubbing over that piece of audio Founded in Germany, the company relocated to New York in 2016.

  1. AlphaPet Ventures 

Founded: In 2016byLorenz Hartung and Marco Hierling

Valuation: €52-€78M

AlphaPet Ventures is an online retailer and private label company based in Germany that sells pet food and supplies to pet owners. Alphapet Ventures was formerly known as ePetWorld and pets Premium and changed its name to Alphapet Ventures in May 2016.

  1. Rasa

Founded: In 2016 by Alan Nichol and Alex Weidauer

Valuation: €44-€65M

Rasa supplies the standard infrastructure for conversational AI, providing the tools required to build better, more resilient contextual assistants. With more than 3 million downloads since launch, Rasa Open Source is used by developers worldwide.

  1. Medigo 

Founded: In 2014 by Ieva Soblickaite, Pawel Cebula, and Ugur Samut

Valuation: €13-€19M

Medigo is a curated marketplace that simplifies the complex process of booking medical travel. The company lists over 200 clinics in 12 different countries, with the free-to-use platform available in 4 languages.

  1. Ree Technology 

Founded: In 2018 by Thomas von der Ohe, Fabrizio Scelsi, Bogdan Djukic

Valuation: €40-€60M

Ree Technology is a technology startup leveraging latest developments in autonomous vehicles and video streaming to remotely control robots. It driverless fleet of vehicles is already operating across central Berlin.

  1. Dashdash

Founded: In 2016 by Humberto Ayres Pereira, Rui Maranhao, Torben Schulz

Valuation: €29-€44M

Dashdash is a spreadsheet that gives access to business data and APIs. The company’s goal is to build technology that lets anyone solve business challenges using only their spreadsheet skills.

  1. Plantix 

Founded: In 2015 by Alexander Kennepohl, Bianca Kummer, Charlotte Schuhmann, Korbinian Hartberger, Pierre Munzel, Robert Strey, Simone Strey

Valuation: €26-€40M

Plantix develops an app for farmers combining AI and the expertise of research institutions around the globe. Customers use the app in order to identify pests, diseases and nutrient deficiencies affecting their crops. 

  1. BRYTER 

Founded: In 2013 by Michael Grupp

Valuation: €22-€33M

BRYTER is the no-code building platform to automate expert knowledge. It is especially geared towards experts working with complex, conditional and scenario-based content who want to automate recurring and standardizable decision making processes. 

  1. Agora

Founded: In 2011

Valuation: €15-€22M

Agora Collective is a Center for Collaborative Practices that was founded as an independent project space. Since then, Agora expands its mission to be a place to conceive and experiment with models of working together; providing stable spaces for artists to engage within collaborative and community-based practices.

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