The Munich startup Penzilla has developed a software solution designed to integrate occupational pension plans (bAV) into existing HR systems. The software-as-a-service (SaaS) solution manages existing contracts and finds suitable contracts for new ones, tailored to the needs of both employers and employees. Dashboards allow users to view all relevant data and make changes as needed. A dedicated user interface also enables collaboration with bAV consultants.
Penzilla, founded in 2021 by Catherine Leser (COO) and Christoph Leser (CEO), can now hold a pre-seedFinancing round over 2.5 million euros. With the capital raised, the company intends to continue pursuing its goal of making occupational pension provision simple and secure.
“Occupational pension provision in many companies is still paper-based”
Co-founder Catherine Leser explains:
"In fact, many companies still rely on paper for their occupational pension plans. Penzilla solves these problems by digitizing the entire portfolio and managing it in a legally compliant manner."
Investors also see a great need for optimization in the area of occupational pension provision. Michael Hock, partner at lead investor Motive Ventures, says:
"There is a clear gap in the market for software for occupational pensions and income protection, as well as health and long-term care provision. Penzilla enables employers to save costs with a central management system while simultaneously creating legal certainty."
Competition for skilled workers: Prevention counts
Co-investor Wenvest Capital sees a high willingness to embrace digital transformation in this segment, as well as the need to make processes more efficient. Protecting employees is a task for socially responsible companies. Catherine Leser therefore emphasizes the relevance of this topic in the competition for skilled workers:
“Employees value good, regulated pension provision more than an even fuller fruit basket.”
