FLEX Capital

FLEX Capital is an independent private equity firm based in Berlin, Germany, established in 2018 by six successful entrepreneurs. The firm specializes in investing in growing and profitable internet and software companies, focusing on those with revenues between EUR 5 million and EUR 30 million. FLEX Capital primarily engages in majority buyouts within the DACH region, aiming to support tech pioneers in their pursuit of further growth.

Christoph Jost

Managing Partner

Gary Kelling

Associate

Thomas Mayer

Director Finance

Niklas Rudolph

Investment Manager

Peter Waleczek

Managing Partner

Jost Frederik Wenckebach

Director Investment

11 past transactions

Protege

Seed Round in 2024
Protege is an AI training data platform that connects data holders with vetted data users.

Xembly

Series A in 2022
Xembly is a technology company specializing in an artificial intelligence-based productivity platform designed to enhance workplace efficiency. The platform functions as an AI chief of staff, automating various tasks such as meeting scheduling, note-taking, and task tracking. By utilizing artificial intelligence and robotic process automation, Xembly streamlines the process of managing meetings, resolving scheduling conflicts, and generating agendas. This innovative approach enables businesses to optimize their workforce productivity, allowing users to focus on more strategic tasks while the platform handles routine administrative functions.

ComX

Acquisition in 2022
ComX creates predictable B2B sales pipelines of 7-figure value within 3-6 months without cold calling or online marketing.

Rasterpunkt

Acquisition in 2022
Rasterpunkt is a company that specializes in output management and document management solutions, catering primarily to the public sector, banking and insurance industries, healthcare, and utility companies. It provides a range of services including multivendor project management, process and architecture consulting, and both central and decentralized printer management. Additionally, Rasterpunkt focuses on the integration of various systems and components to enhance operational efficiency for its clients. Through its consulting services, the company aims to optimize workflows and improve document handling across diverse sectors.

Apex Hosting

Acquisition in 2021
Apex Hosting is a provider and developer of server hosting infrastructure, specializing in Minecraft game servers. The company offers a comprehensive platform that supports both Java and Bedrock editions of Minecraft, ensuring compatibility with all versions of the game. Apex Hosting delivers 24/7 live chat and ticket support, as well as extensive mod and plugin support. Its services include over 200 one-click mod pack installers, FTP access, and MySQL database access, allowing users to manage their servers efficiently. Additionally, the company provides DDoS protection and free server transfers, ensuring a reliable and lag-free gaming experience for its customers.

Ipro International

Acquisition in 2021
Ipro International primarily provides individual support for opticians and hearing care professionals.

Amparex

Acquisition in 2021
Amparex is an IT consulting company that specializes in providing cloud software solutions tailored for the healthcare sector, particularly for hearing care providers. The company's practice management platform includes a comprehensive suite of tools designed to enhance operational efficiency, featuring functionalities such as invoicing, inventory management, data tracking, data migration, and documentation. This platform supports various fields within healthcare, including hearing acoustics, ophthalmic optics, physiotherapy, occupational therapy, and speech therapy, enabling providers to streamline their processes and improve patient care.

Aircover.ai

Seed Round in 2021
Aircover leverages GenAI for live sales calls. It uplevels your reps with in-the-moment guidance for positioning, process, technical product features, and more. Don’t leave promising accounts stalled and uncommitted while your rep tracks down details. Give everyone direct access to effective messaging and instant technical depth on every call, and better account direction afterwards. Aircover is built for sales changemakers and reformers—enablement leaders, sales managers, and RevOps teams—who see a path to higher revenue through greater rep efficiency using AI. Don’t leave promising accounts stalled and uncommitted while your rep tracks down details. Give direct access to effective messaging and instant technical depth on every call. Follow up consistently with better account direction afterwards. Your go-to-market teams are ready for reform. Equip them better with in-game assistance.

Formware

Acquisition in 2021
Formware is an IT company based in Nußdorf am Inn, Germany, specializing in customer communication applications. The company focuses on digitalization, data security, and automated output management, providing consulting services that help clients enhance efficiency and reduce costs. By integrating advanced technologies, Formware enables businesses to streamline their operations and improve communication with customers.

Nitrado

Acquisition in 2021
Nitrado is a provider of game server and application hosting services, specializing in dynamic and automatic management of game servers. The company caters to game developers and gamers by offering high-quality, prepaid hosting solutions that facilitate online multiplayer gaming sessions. Nitrado's flexible system allows users to easily manage their services without the constraints of contracts, enabling modifications at any time during the rental period. This approach ensures that customers can enjoy their favorite gaming titles collaboratively and cost-effectively, making Nitrado a prominent player in the gaming server hosting market.

Egoditor

Acquisition in 2020
Egoditor GmbH, founded in 2009 and based in Bielefeld, Germany, specializes in QR code marketing software solutions. The company provides tools for generating and customizing QR codes, along with features for tracking and analyzing data flow from marketing campaigns. Its offerings include a free QR code generator and a premium version known as QR Code Generator Pro, which allows users to create dynamic QR codes and manage their marketing campaigns centrally. Additionally, Egoditor provides marketing advisory and consultancy services, helping clients gain actionable insights and improve their mobile marketing strategies.
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