10.11.2016
German Startups Group Berlin GmbH & Co. KGaA DE000A1MMEV4
DGAP-News: German Startups Group increases its stake in the strongly growing portfolio companies Remerge and Wunder
DGAP-News: German Startups Group Berlin GmbH & Co. KGaA / Key word(s):
Investment
German Startups Group increases its stake in the strongly growing portfolio
companies Remerge and Wunder
10.11.2016 / 09:13
The issuer is solely responsible for the content of this announcement.
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+++ Press release +++
for immediate publication
German Startups Group increases its stake in the strongly growing portfolio
companies Remerge and Wunder
- Majority holding Exozet fundamentally redevelops and redesigns ZDF
media library
- Portfolio company realbest triples its commission revenue in 2016
- Portfolio company Scalable Capital again chosen as test winner
Berlin, 10 November 2016 - German Startups Group, the second most active
venture capital investor in Germany in the time period since 2012 (CB
Insights, 2015), increases its stake in the portfolio companies Remerge and
Wunder. The company thereby consequently pursues its strategy to increase
its stakes in startups that show particular potential.
The AdTech startup Remerge, a stakeholding of particular significance to
German Startups Group, enables app providers to place ads through an
integrated retargeting platform in more than 350,000 other apps, according
to the company. Thus, advertisers can reach, according to Remerge, up to
900,000 users worldwide per second. The addressed user target group can be
defined in detail according to various criteria. This reduces scatter
losses and therefore increases the advertiser's marketing impact as well as
the revenue of the app publisher since higher click rates can be achieved
through Remerge. Apps become increasingly more important as an advertising
medium because of their enormous international prevalence on more than 2.5
billion smartphones worldwide. Remerge has achieved a growth in revenue of
over 500% in the first three quarters of 2016 compared to last year's
period, according to the company. The AdTech company's US business, which
has been newly established in 2Q15, is developing excellently as well. By
now, Remerge records higher revenues per month than in the entire year of
2015. The Berlin-based company is winner of the Angel's Choice Award of the
Web Summit 2015 and one of the "3 Companies to Watch" according to Online
Marketing Rockstars.
Founded in 2013, Wunder, a portfolio company of German Startups Group, is
by its own account the world's leading urban carpooling platform. Wunder
focuses on the international metropolitan areas with the highest traffic
density. The smartphone app enables private individuals to take along other
persons who share the same commute in their cars and thus split the
travelling costs. In return, the passengers can, at the cost of a ride by
public transport, use a more comfortable means of transportation without
effort. When compared against providers like Uber, passengers benefit from
lower costs since the drivers travel the route anyways. Gunnar Froh,
founder of Wunder, already has long-standing experience with successful
sharing economy business models as the former Head of Germany and one of
the first employees of Airbnb. Apart from Cherry Ventures and the US
venture capital fund Blumberg Capital, Konstantin Sixt, member of the
Management Board of Sixt, has co-invested in Wunder.
The majority holding of German Startups Group, Exozet, has recently
presented the results of the largest single contract in its company
history: The Agency for Digital Transformation has conceived and developed
the relaunch and the merger of the website and media library of the public
service broadcaster ZDF. Using a new design, new user guidance, and
significantly more and smarter features, the ZDFmediathek was redesigned
from the ground up and adapted to the changing viewing habits. For example,
personalised recommendations are given for logged-in users based on their
usage history through an algorithm specifically developed for this purpose.
The improved search feature also offers various semantic recommendation
processes based on indexing and tagging services. Furthermore, the
ZDFmediathek is completely responsive, meaning the layout is adjusted to
the respective display of a smartphone, tablet, desktop computer, or smart
TV, depending on the utilised device. This is made possible by Exozet's
newly conceived backend that has been equipped with a system architecture
that is based on microservices. Approximately one third of the
ZDFmediathek's 45 million monthly visits are made via mobile devices. The
Berlin-based agency will also support the broadcaster in the future to
reposition itself in the digital market.
realbest, a stakeholding of particular significance to German Startups
Group, has tripled its net commission revenue in the time period from
January to October 2016 compared to last year's first 10 months, according
to its own account. In October 2016 alone, the real estate sales platform
achieved commission revenues of 560k euros. realbest counts among the
pioneers of the PropTech segment, under which technology companies within
the real estate area are summarised.
The robo advisor Scalable Capital, a focus investment of German Startups
Group, was again chosen as test winner. In a comparison of eleven robo
advisors on the basis of various criteria, such as performance or customer
satisfaction, the info portal Brokervergleich.de classified Scalable
Capital as the best robo advisor in Germany. The FinTech company has
previously won the Angel's Choice Award of the Web Summit 2015, was awarded
the grade "very good" by the finance magazine Euro am Sonntag in a test of
online investment portals, and won the Innovation Award for the best
automatic wealth management platform at the Börsentag 2016.
Press contact
German Startups Group
Theo Bonick
Tel: +49 30 6098890 84
Mail: [email protected]
German Startups Group - We Love Startups!
German Startups Group is a listed investment company based in Berlin that
focuses on young, fast-growing companies, so-called startups. The company
acquires majority and minority holdings mainly by providing venture
capital. The portfolio companies that German Startups Group holds also
stand to benefit from German Startups Group's expertise, experience and
network with respect to strategy development, financing rounds,
restructuring necessities, M&A transactions or selling the company,
including a possible IPO. According to its own assessment, German Startups
Group provides startups with so-called "smart money" by acquiring a
holding. Its focus is on companies whose products or business models
represent a disruptive innovation, allow for a high degree of scalability
to be expected, and in which it has a great deal of trust in the
entrepreneurial abilities of the founders to whom it feels that it obtains
early access to due to its close relationships to relevant players in the
startup scene. The geographical focus is on the German-speaking region.
Since it commenced with operations in 2012, German Startups Group has in
its opinion built up a diversified portfolio of investments in young
companies and become the second most active venture capital investor in
Germany since 2012 (CB Insights, Germany Venture Capital Overview). 25 of
the 47 minority stakeholdings in operationally active companies are of
particular significance to German Startups Group and together comprise 89%
of the total value of all 47 active minority stakeholdings. The ten core
holdings alone make up 61% of the value of all active minority
stakeholdings. According to German Startups Group, its investment portfolio
reflects a cross-section of promising German startups of various maturity
stages ("Seed," "Early" and "Growth Stage," by German Startups Group's own
definition) and includes some of the most successful and best known German
startups.
More information is available on our website at www.german-startups.com.
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10.11.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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