Neosfer

Neosfer, operating under the name Main Incubator GmbH, is a subsidiary of Commerzbank AG based in Frankfurt, Germany. Established in 2013, it serves as an investment arm focusing on seed and early-stage venture investments, particularly in the FinTech sector. The firm primarily targets startups within Western Europe, especially in the DACH region, investing between EUR0.25 million and EUR2 million in equity. As a Research & Development unit, Neosfer explores emerging technologies such as blockchain, machine learning, and IoT, aiming to integrate these innovations into Commerzbank's offerings. By investing in tech-driven startups and developing its own prototypes, Neosfer actively contributes to the FinTech ecosystem and positions itself as a key partner for Commerzbank in its digital transformation efforts.

Julian Bürklein

Senior Investment Manager

Ryan Grenier

Managing Director

Matthias Lais

Founder and Managing Director

Karim Menn

Senior Manager Strategy, Growth & Investments

Christoph Osburg

Senior Investment Manager

Sebastian Scheib

Investment Manager

Moritz Schwarz

Investment Manager

David Schäffler

Investment Manager

Michael Spitz

CEO

Past deals in Germany

Etvas

Venture Round in 2022
Etvas GmbH operates an online marketplace based in Hamburg, Germany, that focuses on enhancing customer engagement through value-added services. The platform connects service providers with businesses, such as banks, insurers, and e-tailers, seeking to enrich their customer offerings. By utilizing cloud-based APIs and machine learning, Etvas enables businesses to optimize customer touchpoints, enhancing monetization and improving customer retention while minimizing churn. The company's mission is to foster diversity and empathy in customer interactions, ultimately driving better service delivery and satisfaction.

Scompler

Series A in 2022
Scompler GmbH operates as a SaaS company that helps companies to operationalize content strategies. The company is based in Munich, Germany. As of March 14, 2016, Scompler GmbH operates as a subsidiary of Scribble Technologies Inc.

Circula

Series A in 2022
Circula GmbH, founded in 2017 and based in Berlin, Germany, specializes in application software for travel expense management. The company offers a mobile and web app tailored to European tax standards, facilitating an efficient expense invoicing process in real time. This solution aims to simplify the experience for users, including employees who travel frequently, accountants, and managers, enhancing their ability to manage expenses seamlessly.

Dabbel

Series A in 2021
DABBEL is an AI-Autonomous Building Management System with the ability to self-manage building control systems more efficiently than any human. Controls include, but are not limited to, building temperature, ventilation and lighting. It makes its own decisions, through a self-learning, self-adapting and self-configuring system with cognitive artificial intelligence. DABBEL reduces implementation, energy and operational costs (20-40%) and simultaneously increases the wellness and productivity of tenants providing a healthy environment. DABBEL can transform your office building into an AI Self-Driving building in just 2 weeks! Do you want to know how? Let's have a talk!

Clink

Series B in 2021
OptioPay GmbH, based in Berlin, Germany, specializes in payment solution software that integrates marketing with payment processing. Founded in 2014, the company allows businesses to efficiently manage payments to employees, customers, and partners through various options, including pre-paid gift cards. This innovative approach not only offers recipients flexibility and value but also transforms outgoing payments into potential revenue streams for businesses. OptioPay's platform creates a performance-based advertising channel, helping companies reduce transaction costs while providing valuable payout alternatives. With a diverse team of 50 professionals from 20 nations, OptioPay aims to redefine how individuals receive payments, ultimately establishing itself as a leading processor for corporate payouts.

Circula

Seed Round in 2021
Circula GmbH, founded in 2017 and based in Berlin, Germany, specializes in application software for travel expense management. The company offers a mobile and web app tailored to European tax standards, facilitating an efficient expense invoicing process in real time. This solution aims to simplify the experience for users, including employees who travel frequently, accountants, and managers, enhancing their ability to manage expenses seamlessly.

Etvas

Seed Round in 2021
Etvas GmbH operates an online marketplace based in Hamburg, Germany, that focuses on enhancing customer engagement through value-added services. The platform connects service providers with businesses, such as banks, insurers, and e-tailers, seeking to enrich their customer offerings. By utilizing cloud-based APIs and machine learning, Etvas enables businesses to optimize customer touchpoints, enhancing monetization and improving customer retention while minimizing churn. The company's mission is to foster diversity and empathy in customer interactions, ultimately driving better service delivery and satisfaction.

AUTHADA

Corporate Round in 2020
AUTHADA revolutionizes existing identification processes using the eID of the identity card and the NFC interface of the smartphone. This allows the transmission of your customers identity within seconds, based on sovereign master data. The users can increase their customer base in a short period of time via the mobile, uncomplicated and fast legitimization. For the markets banking, insurance, eGovernment, eHealth and eCommerce additional identities are available online in the Know Your Customer (KYC) area, in line with anti money laundry legislation.

Clink

Venture Round in 2020
OptioPay GmbH, based in Berlin, Germany, specializes in payment solution software that integrates marketing with payment processing. Founded in 2014, the company allows businesses to efficiently manage payments to employees, customers, and partners through various options, including pre-paid gift cards. This innovative approach not only offers recipients flexibility and value but also transforms outgoing payments into potential revenue streams for businesses. OptioPay's platform creates a performance-based advertising channel, helping companies reduce transaction costs while providing valuable payout alternatives. With a diverse team of 50 professionals from 20 nations, OptioPay aims to redefine how individuals receive payments, ultimately establishing itself as a leading processor for corporate payouts.

21strategies

Seed Round in 2020
21strategies applies AI technology to hedge financial market risks such as currency, interest rate and commodity price risks optimally to improve the financial resilience of corporations. As a Fin Tech we innovate hedging by using AI algorithmic decision support for CFOs and their treasurers. Easy to integrate as SaaS, our flagship product Hedge 21 is quickly adaptable to the specific conditions and KPIs of individual companies. In the long run, our AI technology contributes to the integration and alignment of the overall corporate strategy. Major industry clients are convinced from our technology and glad that we receive funding from a leading German Bank, international investors, and a major consulting company. As an international start up based in Munich, Germany we strive to contribute to the overall improvement of financial services globally.

Scompler

Seed Round in 2020
Scompler GmbH operates as a SaaS company that helps companies to operationalize content strategies. The company is based in Munich, Germany. As of March 14, 2016, Scompler GmbH operates as a subsidiary of Scribble Technologies Inc.

Open as App

Series A in 2019
Open as App is a provider of an automated application development services intended to create instant application. The company's platform facilitates users to build application which are based on spread sheet formats and automatically integrates with calculations, dashboards, lists, maps, enabling businesses to create mobile applications from their spreadsheet data and without any coding or macro writing.

Grover

Series A in 2019
Grover Group GmbH is a Berlin-based company that operates an online platform allowing customers to rent consumer electronic products through a monthly subscription model. Founded in 2015, Grover offers a diverse range of over 1,500 products across various categories, including smartphones, laptops, wearables, cameras, gaming equipment, home entertainment systems, and smart home devices. This approach enables both private customers and businesses to access the latest technology without the financial burden of ownership, promoting flexibility and convenience in the consumer electronics market. With additional offices in Austria and the Netherlands, Grover is committed to enhancing the access economy by providing a simple and efficient rental service.

e-bot7

Series A in 2019
e-bot7 GmbH specializes in designing and integrating artificial intelligence solutions for customer service. The company has developed a conversational AI platform that utilizes advanced natural language processing algorithms to streamline customer communication. This platform can be integrated into existing customer relationship management systems, enhancing operational efficiency by automating responses and processes. e-bot7’s system not only manages customer inquiries but also employs a hybrid Agent+AI approach, combining human agents and AI to optimize conversations, route users, pre-qualify leads, and schedule meetings. Founded in 2016 and headquartered in Munich, Germany, e-bot7 also has offices in London and Paris. The company's solutions have proven effective in reducing handling times, increasing sales, and significantly lowering costs for businesses.

Clink

Venture Round in 2019
OptioPay GmbH, based in Berlin, Germany, specializes in payment solution software that integrates marketing with payment processing. Founded in 2014, the company allows businesses to efficiently manage payments to employees, customers, and partners through various options, including pre-paid gift cards. This innovative approach not only offers recipients flexibility and value but also transforms outgoing payments into potential revenue streams for businesses. OptioPay's platform creates a performance-based advertising channel, helping companies reduce transaction costs while providing valuable payout alternatives. With a diverse team of 50 professionals from 20 nations, OptioPay aims to redefine how individuals receive payments, ultimately establishing itself as a leading processor for corporate payouts.

Circula

Seed Round in 2019
Circula GmbH, founded in 2017 and based in Berlin, Germany, specializes in application software for travel expense management. The company offers a mobile and web app tailored to European tax standards, facilitating an efficient expense invoicing process in real time. This solution aims to simplify the experience for users, including employees who travel frequently, accountants, and managers, enhancing their ability to manage expenses seamlessly.

Vermietet.de

Venture Round in 2019
Vermietet.de is an association of Berlin entrepreneurs and investors whose vision is to make real estate ownership simple and intelligent. They know from their own experience how complex the management of a property can be - and have therefore founded rented.de.

AUTHADA

Venture Round in 2018
AUTHADA revolutionizes existing identification processes using the eID of the identity card and the NFC interface of the smartphone. This allows the transmission of your customers identity within seconds, based on sovereign master data. The users can increase their customer base in a short period of time via the mobile, uncomplicated and fast legitimization. For the markets banking, insurance, eGovernment, eHealth and eCommerce additional identities are available online in the Know Your Customer (KYC) area, in line with anti money laundry legislation.

Tillhub

Series A in 2018
Tillhub GmbH develops mobile iPad point of sale (POS) and payment solutions. It offers a cash register cloud based software to record and process transactions. The company offers point of sale terminals and hardware devices, such as printers, POS receipt printers and label printers; payment devices, stationary, mobile, and portable EC terminals; and barcode scanners, CCD, laser, 2D barcode, hand, stationary, inventory, and industrial scanners through its online store. Tillhub GmbH was founded in 2016 and is based in Berlin, Germany.

Lana Labs

Seed Round in 2018
Lana Labs GmbH, founded in 2016 and based in Berlin, Germany, specializes in process mining software through its flagship product, LANA. This software enables organizations to continuously monitor and enhance the efficiency of their value chains by utilizing a machine learning algorithm for automated root cause analysis. LANA identifies patterns and optimization potentials in business and production processes, providing users with customizable dashboards for data visualization. By offering automated analyses, Lana Labs aims to assist companies in becoming smarter, more efficient, and quicker in their operations.

Gini

Venture Round in 2017
Gini provides SaaS solution for extracting content from documents such as invoices, receipts, letters, contracts & offers. Gini was founded in 2011 as "smarchive", now employs over 20 employees and is financed in part by T-Venture, as well as the independent comparison website CHECK24 and experienced business angels.

e-bot7

Seed Round in 2017
e-bot7 GmbH specializes in designing and integrating artificial intelligence solutions for customer service. The company has developed a conversational AI platform that utilizes advanced natural language processing algorithms to streamline customer communication. This platform can be integrated into existing customer relationship management systems, enhancing operational efficiency by automating responses and processes. e-bot7’s system not only manages customer inquiries but also employs a hybrid Agent+AI approach, combining human agents and AI to optimize conversations, route users, pre-qualify leads, and schedule meetings. Founded in 2016 and headquartered in Munich, Germany, e-bot7 also has offices in London and Paris. The company's solutions have proven effective in reducing handling times, increasing sales, and significantly lowering costs for businesses.

Bilendo

Seed Round in 2017
Bilendo GmbH develops and markets a credit management platform. The platform helps in output management, receivables management, accounts receivable, and collection. Bilendo GmbH was founded in 2015 and is based in Munich, Germany.

CANDIS

Venture Round in 2017
CANDIS GmbH, founded in 2015 and headquartered in Berlin, Germany, specializes in developing software that automates financial processes for small and medium-sized enterprises. The company's solutions streamline tasks such as invoice collection, data capture, pre-accounting, and payments by utilizing artificial intelligence. This automation allows businesses and their tax advisors to save time and enhance collaboration within finance teams. With a commitment to advancing its technology, CANDIS serves thousands of clients, reflecting its significant impact on the financial operations of its users.

Userlane

Seed Round in 2016
Userlane automates user onboarding and employee training with interactive guides to help companies boost trial conversion, reduce support cost & increase user engagement. Userlane provides a technology to create step-by-step guides within minutes, without any coding or having to change the underlying software. This allows online businesses to implement and adapt interactive guides in every part of their existing software without implementation effort.

Retresco GmbH

Series B in 2016
Retresco GmbH develops and offers search engine software. The company offers services such as semantic searches, information extraction, and real-time aggregation of content. Retresco GmbH’s clientele includes regional newspapers such as Südwest Presse and Märkische Oderzeitung. Retresco GmbH was founded in 2008 and is based in Berlin, Germany.

Bilendo

Seed Round in 2016
Bilendo GmbH develops and markets a credit management platform. The platform helps in output management, receivables management, accounts receivable, and collection. Bilendo GmbH was founded in 2015 and is based in Munich, Germany.

Gini

Venture Round in 2015
Gini provides SaaS solution for extracting content from documents such as invoices, receipts, letters, contracts & offers. Gini was founded in 2011 as "smarchive", now employs over 20 employees and is financed in part by T-Venture, as well as the independent comparison website CHECK24 and experienced business angels.

Grover

Seed Round in 2015
Grover Group GmbH is a Berlin-based company that operates an online platform allowing customers to rent consumer electronic products through a monthly subscription model. Founded in 2015, Grover offers a diverse range of over 1,500 products across various categories, including smartphones, laptops, wearables, cameras, gaming equipment, home entertainment systems, and smart home devices. This approach enables both private customers and businesses to access the latest technology without the financial burden of ownership, promoting flexibility and convenience in the consumer electronics market. With additional offices in Austria and the Netherlands, Grover is committed to enhancing the access economy by providing a simple and efficient rental service.

Clink

Seed Round in 2015
OptioPay GmbH, based in Berlin, Germany, specializes in payment solution software that integrates marketing with payment processing. Founded in 2014, the company allows businesses to efficiently manage payments to employees, customers, and partners through various options, including pre-paid gift cards. This innovative approach not only offers recipients flexibility and value but also transforms outgoing payments into potential revenue streams for businesses. OptioPay's platform creates a performance-based advertising channel, helping companies reduce transaction costs while providing valuable payout alternatives. With a diverse team of 50 professionals from 20 nations, OptioPay aims to redefine how individuals receive payments, ultimately establishing itself as a leading processor for corporate payouts.

Gini

Series A in 2014
Gini provides SaaS solution for extracting content from documents such as invoices, receipts, letters, contracts & offers. Gini was founded in 2011 as "smarchive", now employs over 20 employees and is financed in part by T-Venture, as well as the independent comparison website CHECK24 and experienced business angels.

Traxpay

Series B in 2014
Traxpay AG operates a cloud-based B2B dynamic payments platform that provides financial process automation and B2B payment services to corporations, digital marketplaces, and B2B commerce networks. Established in 2009 and headquartered in Frankfurt am Main, Germany, with an additional office in Mountain View, California, Traxpay offers solutions such as dynamic discounting, reverse factoring, and factoring to help companies optimize their working capital, liquidity, and cash flow. The platform is designed to facilitate secure, bank-grade, and regulatory-compliant financial transactions in collaboration with partner banks. By providing a flexible range of tools for payables, receivables, and payment risk management, Traxpay enables businesses to enhance the sustainability of their supply chains while also generating EBITDA.