Xempus operates an independent software-as-a-service platform for the distribution and administration of occupational pension plans—company pensions, health insurance, and workforce protection. The company, Founded in 2007 as Xbav, has already successfully completed several financing rounds, most recently it expanded its Series D roundIn total, Xempus raised over 112 million euros in funding.
Evorsorge, in turn, specializes in the development, implementation, and marketing of complex consulting and administration systems, particularly in occupational pensions. The company's solutions are primarily aimed at sales organizations, large and specialized brokers, insurance companies, and banks. They include a broker management program optimized for supporting large national and international companies and corporations, as well as highly configurable portal solutions for employers and employees. The company was founded in 2003.
Evorsorge operates as a subsidiary of Xempus
Through the merger, both companies aim to accelerate the digitalization of occupational pensions in a more user-friendly manner. To this end, Evorsorge will operate as a subsidiary of Xempus AG. Evorsorge's founder, Stefan Huber, will remain Managing Director of the company and will join the Xempus Supervisory Board. Additionally, Anton Starovoytov, CTO of Evorsorge, and Malte Dummel, COO & CFO of Xempus, have been appointed Managing Directors of Evorsorge. Malte Dummel explained:
"The market potential in occupational pensions is enormous, and digitalization is crucial for success. The fact that we can now serve all customer groups and market segments in Germany and beyond together with Evorsorge is an important step for us."
Tobias Wann, CEO of Xempus, says:
“We warmly welcome all new colleagues and look forward to working with them in the future on our great vision of making pension provision easy for everyone.”
And Stefan Huber, founder and managing director of Evorsorge, adds:
"As part of Xempus, we are delighted to be able to sustainably develop our Evorsorge solutions for the benefit of our customers and make them accessible to even more users."
The companies did not disclose financial details of the acquisition.
