Photo: Appnavi

Successful financing for Appnavi

Successful financing round for Appnavi: The Munich-based software startup is raising money from several investors and plans to use the fresh capital to further its growth. The exact investment amount was not disclosed.

The backers include Bayern Kapital and software-focused investors from the Baystartup investor network, including Dr. Andreas Albath, former CEO of Telegate; Achim Lederle, Managing Partner at Quantum Partners; and Udo Krachenfels, Managing Director and founder of the Get&Use Academy. In addition to financial investment, they will also contribute their expertise and networks.

Step by step through new use cases

Appnavi has developed an AI-based "digital adoption platform" for companies. The solution is designed to enable companies to implement software rollouts and updates faster and more efficiently. Users are guided step by step through new or modified use cases as they work with them. At each step, Appnavi provides the information users need to complete the next step. Software developers create routes, news, and tips, which are then made available to users. Carsten Neumann, Co-founder of Appnavi, comments on the current funding as follows:

"With Appnavi, companies make software users happier and more efficient. And they ensure that their investment in software is truly worthwhile. This is also reflected in the feedback from numerous companies that are already successfully using Appnavi. Thanks to the partnership with Bayern Kapital and the investors from the Baystartup investor network, we want to accelerate our growth, continue to live up to our claim of being the easiest-to-use DAP solution, and further develop Appnavi into the first 'User Efficiency-as-a-Service platform.'"

“The potential of the solution is enormous”

And Carsten Rudolph, Managing Director of Baystartup, says:

"This financing round is a great example of the synergies that can arise for investors within a business angel network. The diverse expertise complements each other and promises excellent support for the startup Appnavi on its continued growth path. We at Baystartup are proud to be contributing our part to this story with our experts and our investor network."

Udo Krachenfels, private investor from the Baystartup investor network, adds:

"The solution's potential is enormous, the successes already achieved are remarkable—and the team is extremely experienced. In a still young DAP market, Appnavi has tremendous growth ahead of it, both nationally and internationally. I'm delighted to be able to accompany and support Appnavi on its exciting journey."

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Regina Bruckschlögl

After her own startup experiences, she now looks at the Munich startup scene from a different perspective as an editor at Munich Startup – and discovers every day how diverse the Munich ecosystem is. Startup stories that beg to be told!

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