NEON advises Earlybird on € 11 million Series A financing round of Remberg

09 February 2022 | NEON has advised Earlybird Venture Capital on the € 11 million Series A financing round of Munich-based software startup Remberg.

In addition to lead investor Earlybird, previous investors Speedinvest and Fly Ventures are also investing. With the current financing round, a total of five unicorn founders, including Personio founders Hanno Renner and Roman Schumacher, Forto founder Michael Wax, UiPath founder Daniel Dines as well as Celonis co-founder Bastian Nominacher, are now also part of the software company’s investor base.

Remberg wants to help medium-sized mechanical engineering companies with digitization and has developed a type of CRM software for the increasingly important after-sales service, which records the inventory of machines, equipment and vehicles as well as service appointments and spare parts orders. Currently, the company already manages nearly half a million machines and assets with its platform.

With the fresh capital, the founding team (David Hahn, Julian Madrzak, Hagen Schmidtchen, Cecil Wöbker) will now further develop the technology and drive the expansion of sales.

Background:

NEON continuously advises Earlybird on investments, most recently on its investment in logistics startups Droiddrive and Hive as well as, among others, on the Series D financing round of Unicorn sennder and the previous merger with Everoad.