Fresh Capital for famPlus GmbH
famPlus GmbH has successfully completed a first round of financing. High-Tech Gründerfonds (HTGF), Bayern Kapital and a ‘business angel’ consortium will be supporting the family services company in future. Prior market success convinced investors. The fresh infusion of capital is intended to accelerate growth and product development in the coming months.
“We are very happy to now have experienced investors and experts on board,” says Dr. Markus Solf, Managing Director and founder of famPlus. “This money puts us in a position to quickly advance technical development and expand nationwide.”
famPlus offers employers the first quality-tested online platform for family support services. famPlus currently acts as a broker for child care, i.e. child minders, nannies and babysitters, with senior nursing care to follow. Providers are selected on the basis of standardised quality factors, checked and transparently presented on the online platform. Employers provide the famPlus service to their staff. They can then choose the right solution for their specific need on their own.
“We see great potential for innovation in the famPlus solution,” explains Christine Schmidl, HTGF Investment Manager. “famPlus distinguishes itself very strongly from alternative suppliers on the market by its technologically supported approach. Thus, the famPlus service can, on the one hand, be adapted to the needs of individual companies and be directly integrated into the IT structure and, on the other hand, parents have access at all times and are provided with additional benefits via innovative user-friendly features.” Wolfgang Dengler, Investment Manager at Bayern Kapital, adds: “Apart from the business model, we were convinced by its past success and, of course, the founding team. We look forward to a successful, partnership-based cooperation.” From their own business experience the participating ‘business angels’ (former board members and managing directors of industrial companies) are aware of the growing need for services such as those provided by famPlus.
famPlus provides companies a transparent and efficient component for a family-aware personnel policy: the first quality-tested and tailor-made online platform for family support services, initially offering child care, i.e. child minders, nannies and babysitters. For the second stage, famPlus is already planning a comparable service for nursing care and household-related services. It’s innovative is the modularisation and partial automation of each type of service according to output-based quality criteria.
famPlus was founded by Julia Gänzler and Dr. Markus Solf in summer 2010. After the successful pilot project in 2010, conducted in cooperation with, among others, Robert Bosch GmbH, Daimler AG, DEKRA, GP Grenzach (Bayer Healthcare), SWR and Wüstenrot & Württembergische, additional customers were persuaded this year. Employees of Bayerische Landesbank, LBS and the employing entity of Diözese Rottenburg-Stuttgart can now make use of the famPlus service. Companies from Bavaria, Baden-Württemburg and Hessen are currently using the innovative service, which will be available nationwide by the end of the year.
About Bayern Kapital and their seed fund
Bayern Kapital was set up in 1995 as part of the Bavarian state government’s “Bavarian Future Initiative” aimed in particular at providing venture capital to newly-founded, innovative Bavarian companies. To date, Bayern Kapital has invested about 165 million euros in approximately 20 innovative, high-tech companies. Bayern Kapital is available as a contact for businesses in the region and currently manages an overall fund volume of about 214 million euros.
Bayern Kapital GmbH
Ländgasse 135 a
Phone: +49 871 92325-37
About High-Tech Gründerfonds
High-Tech Gründerfonds invests venture capital in promising technology companies that turn innovative concepts into viable businesses. Seed financing aims to help start-ups guide their innovation to the prototype or proof-of-concept stage or to market launch. High-Tech Gründerfonds provides seed financing of approximately €500,000. It supports high-tech companies by way of its investment managers and its highly-qualified network of coaches, investors and specialists. In individual cases it can invest up to a total of €2 m per company. The investors in this public private partnership are the German Federal Ministry for Business and Technology, the KfW Banking Group as well as the six industrial groups of BASF, Deutsche Telekom, Siemens, Robert Bosch, Daimler and Carl Zeiss. High-Tech Gründerfonds has an investment volume totalling approx. €272 m.
High-Tech Gründerfonds Management GmbH
Tel.: +49 228 82300-100
Fax: +49 228 82300-050