Frankfurt a. Main — High-Tech Gründerfonds (HTGF), together with co-investors Bayern Kapital, the venture capital company of the Free State of Bavaria, and TEV, has successfully sold its stake in Munich-based software company metoda. metoda is a leading provider of software-as-a-service solutions for real-time market analysis in online retail. The new owner is Maxburg Capital Partners. The three early-stage investors had first invested in metoda together with several business angels as part of the seed round in 2013, and in 2015 they reaffirmed their commitments as part of a Series A financing round.
metoda GmbH is one of the world’s leading providers of real-time market analyses in the field of e‑commerce. The world of online commerce is highly dynamic, so market participants need to rely on automated tools to gain an overview of the market situation and their competitors. The Software-as-a-Service (SaaS) solutions from metoda offer a solution for this, with which the product data (prices, availability, shipping costs or delivery times) of online retailers worldwide, including Amazon, are continuously recorded and analyzed in a data protection-compliant manner. The former start-up’s service enables retailers to adjust their own prices and assortment in real time to developments in the market. With “Amazon Advertising AI”, metoda also offers an easy-to-use solution for the automatic creation and analysis of advertising on Amazon.
With a team of 50 employees, metoda today serves more than 200 blue-chip and mid-sized companies, coordinates around 50,000 advertising campaigns per month, and processes more than one billion e‑commerce data points from 28 countries every day.The new majority shareholder is Maxburg Beteiligungen III (“Maxburg”), a fund advised by Maxburg Capital Partners, an investment company focused on the German-speaking region with capital commitments of € 600 million from the RAG Foundation. Maxburg focuses on long-term corporate investments with the goal of permanent and sustainable value enhancement and already holds stakes in several software and technology companies.
“High-Tech Gründerfonds has actively supported the path from start-up to relevant industry player from the very beginning and recognized the potential of the idea behind metoda early on. It is impressive what the metoda team around Stefan Bures and Robert Schmidtke has created. We are convinced that Maxburg is the right partner to successfully accompany the company in its further growth.” Romy Schnelle (photo), partner at High-Tech Gründerfonds.
For Stefan Bures, founder and CEO of metoda GmbH, the transaction is another important milestone in the development of the company: “We are convinced that in Maxburg we have found an entrepreneurial, long-term oriented partner who will accompany us on our future path. At the same time, we would like to thank our previous investors, without whom our success story would not have been possible.”
About Bayern Kapital
Bayern Kapital GmbH, based in Landshut, was founded in 1995 as a wholly owned subsidiary of LfA Förderbank Bayern on the initiative of the Bavarian state government. As the venture capital company of the Free State of Bavaria, Bayern Kapital provides equity capital to the founders of innovative high-tech companies and young, innovative technology companies in Bavaria. Bayern Kapital currently manages eleven investment funds with an investment volume of around 385 million euros. To date, Bayern Kapital has invested around 310 million euros of venture capital in around 275 innovative technology-oriented companies from a wide range of sectors, including life sciences, software & IT, materials & new materials, nanotechnology and environmental technology. As a result, more than 7,500 jobs have been permanently created in Bavaria in sustainable companies.
About TEV
TEV (Tengelmann Ventures) has been investing in start-ups in the consumer internet, digital services and emerging technologies sectors since 2009. With around 50 investments, Tengelmann Ventures is one of the most important venture capital investors in Germany. Its best-known investments include companies such as Zalando (IPO), Delivery Hero (IPO), Klarna, Scalable Capital and data Artisans.
www.tev.de
About High-Tech Gründerfonds
The seed investor High-Tech Gründerfonds (HTGF) finances technology start-ups with growth potential. With a volume of around EUR 900 million spread across three funds and an international partner network, HTGF has supported almost 600 start-ups since 2005. His team of experienced investment managers and start-up experts supports the young companies with know-how, entrepreneurial spirit and passion. The focus is on high-tech start-ups from the fields of digital business models, industrial tech, life sciences, chemistry and related business areas. More than €2.5 billion in capital has been invested in the HTGF portfolio by external investors in more than 1,600 follow-on financing rounds to date. In addition, the fund has already successfully sold shares in more than 100 companies.