Third successful Exit for High-Tech Gründerfonds during Covid-19 pandemic – incapptic Connect becomes Part of the MobileIron Family

April 30, 2020

The successful exit of a High-Tech Gründerfonds (HTGF) portfolio company during Covid-19 pandemic shows that innovative, technology-driven startup companies from Germany continue to thrive and can become attractive M&A targets. MobileIron (NASDAQ:MOBL) a mobile security company headquartered in Mountain View, California, USA, has acquired incapptic Connect, a leader in mobile app release automation software based in Berlin, Germany, to accelerate the mobile app release journey for enterprise customers.

With our initial investment in 2016 incapptic Connect has proven product/market-fit for their advanced app release management enterprise software,

says Louis Heinz, Investment Manager at HTGF.

MobileIron is the ideal partner for incapptic Connect, we are happy and confident that they can now scale together globally.

MobileIron’s unified endpoint management (UEM) platform integrates with incapptic Connect software to help customers quickly develop, deploy and secure in-house business apps, resulting in increased productivity and business innovation.

The acquisition takes our existing, very successful relationship with MobileIron to the next level,

says Dr. Rafael Kobylinski, Founder of incapptic Connect.

We are thrilled by the opportunity to leverage MobileIron’s global go-to-market capabilities to help even more customers and can’t wait to get started!

It is the 113 Exit of a HTGF portfolio company and the third (Metoda, Emma, incapptic Connect) during the Covid-19 pandemic. Markus Kressmann, Partner of HTGF, notes that: “We have observed that due to this on-going crisis it has become increasingly difficult for Start-ups to raise attractive growth funding or to Exit. However, as this transatlantic Exit clearly demonstrates, for excellently positioned tech companies this is all still feasible. We at HTGF are very pleased by this success.”

About incapptic Connect
The incapptic Connect enterprise software quickly and efficiently enables global brands to publish and update internally and externally developed mobile apps. We are replacing the error-prone manual publishing process with a smooth, automated solution that allows you to publish your apps in just two minutes. By automating the app deployment process, incapptic Connect helps global brands establish effective control of app project portfolios, save countless labor hours and accelerate app time to market – allowing for greater focus on testing, innovation, and dynamic in-the-moment response to business critical operations.

Founded in 2016 by Dr. Rafael Kobylinski, incapptic Connect has been implemented by companies at the forefront of digitization. Our customers range from hidden champions to Fortune Global 500 organizations across a diverse array of industries. more

Contact Media
Martin Stummer / Maximilian Koob
HBI Helga Bailey GmbH – International PR & MarCom
mobileiron@hbi.de
+49 89-99 38 87-34 /-47

About High-Tech Gründerfonds
High-Tech Gründerfonds (HTGF) is a seed investor that finances high-potential, tech-driven start-ups. With around EUR 900 million in total investment volume across three funds and an international network of partners, HTGF has already helped forge almost 600 start-ups since 2005. Driven by their expertise, entrepreneurial spirit and passion, its team of experienced investment managers and startup experts help guide the development of young companies. HTGF’s focus is on high-tech start-ups in the fields of digital business models, industrial technology, life sciences, chemistry and related business areas. To date, external investors have injected over EUR 2.5 billion into the HTGF portfolio via more than 1,600 follow-on financing rounds. HTGF has also successfully sold interests in more than 100 companies.

Investors in the public-private partnership include the Federal Ministry of Economics and Energy, KfW Capital, the Fraunhofer-Gesellschaft and 32 companies. Our Fund Investors
www.htgf.de/en

Contact
High-Tech Gründerfonds
Louis Heinz, Investment Manager
T.: +49 (0)30 4036648 – 28
l.heinz@htgf.de