Tech Open GmbH

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Tech Open GmbH - overview

Established

2012

Location

Berlin, -, Germany

Primary Industry

Consumer Services

About

Tech Open GmbH is a Berlin-based company specializing in innovative technological solutions that enhance operational efficiency and improve user experience across various sectors, including technology, manufacturing, and retail. Founded in 2012 by Guglielmo Gatti, Insaaf Manuel, Nicolas Mauchle, Niko LeWoi, and Shadab Hussain, Tech Open GmbH operates from its headquarters in Berlin, Germany. The company focuses on delivering advanced technological solutions and has completed two deals, with the most recent occurring on May 7, 2020. The company specializes in a range of innovative products and services tailored to meet the needs of various markets.


Their core offerings include advanced technological solutions designed to enhance operational efficiency and user experience across multiple sectors. These products aim to address specific challenges faced by end-users, including resource management, data analytics, and customer engagement. The company serves a diverse client base, including businesses in the technology, manufacturing, and retail sectors, with a focus on both B2B and B2C markets. Geographically, their solutions are available in North America, Europe, and select regions in Asia, indicating a strategic approach to market penetration and expansion.


The company generates revenue through a combination of direct sales and strategic partnerships. Transactions typically occur on a B2B basis, where clients engage in recurring subscription models or one-time purchases of flagship products. Standard pricing structures reflect the premium value of their services, catering to mid to enterprise-level clients seeking robust solutions for their operational needs. Specific pricing plans are tailored based on the product offerings, allowing clients to choose packages that best fit their requirements.


In May 2020, Tech Open GmbH raised an undisclosed amount of venture funding from new investors Axel Springer Digital Ventures and Infobahn, along with several individual investors. This funding will be utilized to support the development of upcoming products aimed at expanding their market reach and enhancing their service offerings. The company's strategy includes plans to penetrate new geographic regions, targeting expansion into additional markets in Europe and Asia by the end of 2022.


Current Investors

Axel Springer Digital Ventures, Infobahn

Primary Industry

Consumer Services

Sub Industries

Event Management, Social Networking & Communication Platform

Website

www.toa.berlin

Verticals

Mobile Apps

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Tech Open GmbH - financials

Fiscal Year EndedDec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021
Revenue (USD)-----
% Revenue Growth (YoY)-----
EBITDA (USD)-----
Operating Income (USD)-----
Operating Margin-----
% EBITDA Margin-----
NET Income (USD)(227,094)(366,628.1)---
% Net Margin-----

Tech Open GmbH - employee data

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