Meisterwerk App funding news – Berlin-based Meisterwerk App Secures €6Million in Series A Funding
Jul 25, 2024 | By Team SR
Meisterwerk App, a central operating platform for craft businesses, secures €6million in series A funding. Leading the round was Semapa Next, a venture capital firm that funds businesses in Europe.
SUMMARY
- Meisterwerk App, a central operating platform for craft businesses, secures €6million in series A funding.
- Masterpiece App GmbH was founded in 2018 by Bertram Wildenauer and Nick Sonnenberg to support craft businesses with digital organization and efficient operational planning.
Other participants included I2BF, NEXXUS, and current investors Wecken & Cie, Speedinvest, seed + speed, Innovation Nest, and Marcus Krüger Syndicate. Meisterwerk is responsible for over 600 craft enterprises in the DACH region's revenue growth and operational efficiency.
The company's digital solutions will be further developed and optimised with the help of the additional funding. Meisterwerk wants to become the main operating system for European craft companies in the long run.
Craft companies deal with two main obstacles: on the one hand, they frequently have a high volume of work; on the other hand, they must deal with archaic, chaotic production processes and a skilled labour scarcity. Planning has become more challenging since the Covid epidemic and the start of the war in Ukraine due to issues with material supply and growing costs, which has had a negative impact on production and efficiency.
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The Meisterwerk app makes all crucial project information and processes accessible on desktops and mobile devices, which aids craft companies in better organising their work for service personnel and in the office. Users may log working hours, fill out forms, send and receive messages right within the app, snap images and submit them for documentation, and always know exactly what needs to be done, when, and where.
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By mapping the complete value chain, which includes the processes of requesting quotes and invoices as well as staff management, the Meisterwerk app seeks to guarantee efficient work processing. In addition to saving craft companies a great deal of time and worry, this also greatly boosts their productivity, allowing for long-term growth.
With this most recent round of growth finance, Meisterwerk App will be better equipped to address the most important issues that craft companies are currently facing. Meisterwerk App will provide innovative services like customised financial solutions and cutting-edge AI automation, going beyond traditional ERP systems.
These cutting-edge features will not only enhance financial management and expedite operations, but they will also spur unheard-of company expansion and establish new benchmarks for productivity and profitability in the craft industry.
Bertram Wildenauer, CEO and co-founder of the Meisterwerk app, commented: "The software market for the skilled crafts sector is currently developing more dynamically and promisingly than ever before. Vertical SaaS solutions like ours are now also being fully utilised in Germany and are meeting with huge demand. Our current financing round clearly shows that there is enormous interest in digital solutions for trade businesses. The USA is already ahead of us here and gives us a clear view of future developments. The coming years will decide who takes the leading position in Europe. Apps that enable business growth will prevail, and we are determined to make Meisterwerk the first choice for craft businesses."
Hugo Augusto, CEO of Semapa Next, shared: “Meisterwerk’s Series A round is our third investment in a German company this year alone. We are excited to support Meisterwerk and believe in their leadership team, their deep industry expertise and their exceptional ability to execute. This is just the beginning of their journey to become the leading operating system for craftsmen in Europe.”
About Masterpiece App About
Masterpiece App GmbH was founded in 2018 by Bertram Wildenauer and Nick Sonnenberg to support craft businesses with digital organization and efficient operational planning.
The masterpiece app currently offers a comprehensive solution for optimizing operational processes, which enables tradesmen to better organize their work in the office and at the customer's site. In the future, functions for quoting and invoicing as well as personnel management will be offered to ensure smooth order processing.