Germany is extremely open to the foundation of a wide range of organizations by paying little respect to them regardless of whether it includes a German or an outsider and are some vital things to know and consider when starting a business. Berlin is the capital of Germany, with startups establishing day by day with a unique business model, while rents might rise, the city’s developing startup scene keeps on drawing in universal ability and venture. So, Here we are discussing the Best German startups you need to watch in 2018
1. Zeitgold
Zeitgold frees small businesses from paperwork. By combining experts and artificial intelligence, the company offers an end-to-end solution for managing the financials of cafés, restaurants, small retailers, and craftsmen. They empower the owners to get bookkeeping, payroll, invoice payment, collections and coordination with the tax advisor done in less than 10 minutes per day on their smartphones, saving around 10 hours per week.
Founded in 2015 and headquartered in Berlin, The core of Zeitgold is an artificial intelligence (AI) engine, which generates a digital representation of the business’s financial activity from untagged paper documents, using self-learning text analytics and classification technology. The AI operates as a human-machine hybrid, in which a team of accounting experts trains the algorithms.
2. Finiata
Finiata empowers European freelancers & SMEs by providing data-driven, automated micro-factoring for fast and flexible short-term liquidity. previously finiata known as blEuropel, provides working capital financing for freelancers and SMEs.
Founded in 2016 and headquartered in Berlin. They are a 7-digit funded fintech, created by experienced founders, and backed by strong investors. Everybody in the c level of finiata has built a >50mn eur fintech company before and It’s their vision to become the leading European tech company, by enabling freelancers and SMEs to reap the rewards of their hard work immediately and celebrate instant payments of their invoices. They had developed a fully automated algorithm and processes together with a partner bank.
3. Candis
Candis makes financial workflows intelligent. It is an artificial intelligence tool for automated processing of a company’s financial workflows collects and handles all invoices and makes sure everyone is paid on time, saving 80% of manual work.
Founded in 2015 and headquartered in Berlin. Candis is an accounting software especially developed for the needs of a tech startup by entrepreneurs for entrepreneurs and scans your dedicated e-mail account for invoices and automatically pre-assigns them to your management accounts. You don’t have to collect, sort, and send receipts and invoices to your tax advisor.
4. FreightHub
Freighthub is a freight forwarder and a digital interface to manage its user’s logistics. Freighthub revolutionizes international freight forwarding by digitizing processes, providing real-time insights, and delivering transparency to its customers. Freighthub is a full-service freight forwarder that offers global FCL, LCL, and air transportation, and we’re driven by technology and supported by a team of experienced logistics specialists.
Founded in 2016 and headquartered in Berlin. It is run by entrepreneurs who combine talent and technologies from the digital industry and logistics sector and features past, current, and future freight shipments, keeps track of missing documents, uploads all files, and stores them for future use, and offers an overview of the supply chain. It also offers its users transparent quotes from various carriers. Customers can compare different options based on prices, durations, and carriers to book the shipments. It imports and exports goods through the Asia-Europe trade lane.
5. Getgrover
6. Kontist
Kontist is the solution to a very tangible problem and believes freelancers shape the future of work, challenging traditional company structures and combining flexibility and individuality to create successful businesses. However, there are still a lot of obstacles freelancers face, especially when it comes to their finances.
Founded in 2016 and headquartered in Berlin. Kontist makes it easier to run your business, whether it’s helping you know where you stand financially, automating owed tax and VAT, or helping you save for your pension. Kontist is built to support the needs of freelancers. We bring our experiences as freelancers to the work we do every day, and combine it with our expertise in banking, technology, and administration to build products for freelancers everywhere.
7. Blickfeld
Blickfeld develops and sells lidar sensors and provides the software to interpret complex 3d point clouds, It has unique technology that employs an astonishingly simple and highly integrated mems design achieving figures of merit only known from costly r&d equipment.
Founded in 2016 and headquartered in Munich. Blickfeld develops revolutionary solutions, in particular, light detection and ranging devices (lidar) to satisfy this need. Blickfeld lidar scanners combine the highest performance and reliability in a small size and at low costs and are made possible by our patent-pending silicon-based technology. Blickfeld’s unique solution makes countless scenarios like autonomous transportation, mapping, robotics, and smart and safe cities possible.
8. Penta
Penta is a digital bank account for startups and businesses in Germany. It offers a full-fledged business bank account with a German IBAN. Businesses can open an account with Penta is just a few minutes online. A Penta account is free to open and free to use.
Founded in 2017 and headquartered in Berlin. Penta has raised €2.2M in February 2018. The Berlin-based FinTech has been growing at a 30% week-over-week rate, quickly becoming the primary choice for businesses in Berlin and Germany.
9. SolarisBank AG
Solarisbank AG is a banking platform with a full banking license, allowing companies to offer their own financial products. Partners can access the Solarisbank modules in the field of e-money, instant credit, and digital banking, as well as services from third-party providers, integrated into the platform via API. Thus, solarisbank creates a technologically highly developed and regulatory sound banking ecosystem for fintechs, established digital companies, and banks.
Founded in 2016 and headquartered in Berlin. They built an API-accessible platform to provide companies with modular building blocks to innovate in finance. As a tech company with a banking license, their business model is strictly B2B and B2C. They were focused exclusively on enabling partners to offer their end customers world-class financial products and their goal is to accelerate change in the financial industry.
10. Moeco
Moeco is a decentralized protocol for M2M communication, relying on the ultra-
Founded in 2016 and headquartered in Berlin. Moeco enhances the growth of the global IoT network coverage by bringing together vendors and users, gateway owners, and devices. Blockchain technology enables secure environments where no central party needs to be trusted more than others. Top-of-the-line security with industry-leading encryption. Anyone can manufacture Moeco-compliant base stations, following our specifications. and it is open for both existing networks and new installations using a mix of RF standards.
11. E-bot7
E-bot7 brings artificial intelligence to customer service and helps companies achieve greater customer service efficiency. The system analyzes inbound messages and provides agents with accurate response suggestions. This reduces the average handling time by up to 80% and automates repetitive and recurring questions right after integration.
Founded in 2016 and headquartered in München, Bayern. The E-bot7 system is based on complex NLP algorithms, which are trained on historical customer service scripts. E-bot7 integrates an AI layer into existing or custom CRM systems to increase the efficiency of customer service operations. By training a convolutional neural network based on historical support requests we can quickly and efficiently classify support queries, forward them to the right agents, and suggest the best answers to agents.
12. InstaFreight
Instafreight is a digital forwarding company for b2b customers, that enables fast and uncomplicated processing of freight transports. Our goal is to become Europe’s leading b2b online freight forwarding company. they stand for reliability, quality, efficiency, and transparency. By offering innovative solutions and providing first-class service and reduce the complexity of the supply chain and ensure absolute transparency for our customers and carriers.
Founded in 2016Â and headquartered in Berlin. instafreight targeted commercial customers and offers them a click-and-buy experience with instant pricing allowing for a fast and convenient booking experience online. By enhancing transparency via track & trace and making logistics more efficient for both, shippers and carriers.
13. FinCompare
Fincompare is one of the best-funded, fastest-growing, and most dynamic-oriented SME Fintech startups out there right now. A group of experienced founders and top-tier investors speed invest, unique ventures, and other top business angels such as Carlo kölzer, Marcus börner, and Andre Bajorat are building the next level of modular financing platform for SMEs.
Founded in 2016 and headquartered in 2016. Fincompare is aimed at small and medium-sized enterprises (SMEs) with a financing requirement of 10,000 Eur. Fincompare offers digital access to a variety of financing options via the online platform benefit independently and free of charge from a network of more than 200 financial institutions, including well-known commercial banks, alternative financial service providers, and innovative fintechs. The process, which used to be intransparent, slow, and time-consuming, is becoming much more efficient and digital with fincompare.
