Munich-based Remberg raises €11 million to build software that is helping companies digitise for the age of the Internet Of Things.
Remberg, the startup on a mission to help companies become digital champions in the age of IoT (Internet of Things), has just secured €11 million in a Series A round led by Earlybird Venture Capital.
Founded in Munich in 2018 by David Hahn, Julian Madrzak, Hagen Schmidtchen, and Cecil Wöbker, remberg is building the XRM-System. The aim is to create a new breed of software that helps companies digitize processes around equipment — such as machines, buildings and vehicles — the fundamentals for the era of the IoT.
CRM processes centre around the person, the clue is in the name: customer relationship management. Remberg’s solution offers to ability to focus on the place as well — a crucial consideration in the digital age. The aim is to digitize operations, reduce the use of paper and excel lists to a minimum in everyday work — mapping relevant service processes such as maintenance work, ordering spare parts or form management on one platform.
Founder David Hahn explained: “The first step is to move away from Excel and paper to a digital solution in the cloud. As long as field service technicians still fill out reports on paper and customer service agents do not have a central ticketing system, there is no need for predictive maintenance and IoT, yet.”
A number of unicorn founders, including Personio founder Hannao Renner, have pledged their support for the young startup. This new funding boost will be used to further expand the areas of sales, product and engineering.
Previous investors, including Speedinvest and Fly Ventures also participated, as well as a long list of unicorn founders as supporters.
Dr Hendrik Brandis from Earlybird Venture Capital said: “remberg is completely rethinking customer-oriented processes — namely starting from products and things and not parties, such as customers. This offers completely new possibilities to map complex relationships in different industries, especially with regard to the coming widespread IoT connectivity.
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