Nesto Software GmbH
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Nesto Software GmbH - overview
Established
2017
Location
Karlsruhe, Baden Württemberg, Germany
Primary Industry
Software
About
Based in Germany, Nesto Software GmbH specializes in AI-driven workforce management solutions tailored for the hospitality sector, helping businesses optimize labor costs and operational efficiency. Nesto Software GmbH provides advanced workforce management solutions for the hospitality industry. The company was founded in 2017 in Karlsruhe, Germany, by Alexander Werling and Felix Kaiser. Recently, in April 2026, Nesto raised EUR 11 million in growth capital funding from Expedition Growth Capital, which will enhance its service capabilities.
Nesto has completed one investment deal to date. Nesto offers a comprehensive suite of AI-driven workforce management solutions specifically designed for the hospitality sector. Its core product, an end-to-end software platform, automates personnel planning, incorporating AI forecasts, scheduling, time tracking, and payroll processing. By using machine learning algorithms to analyze historical sales data, weather patterns, and local events, Nesto delivers accurate staffing forecasts with over 90% precision up to four weeks in advance.
The platform is especially beneficial for restaurant chains, hotels, and other hospitality businesses, enabling them to optimize labor costs and enhance operational efficiency. Nesto serves a significant client base, including McDonald's and various franchise systems across Europe, particularly in Germany and neighboring regions. Nesto generates revenue through a subscription-based model for its software services, targeting B2B transactions in the hospitality industry. Clients typically enter into annual contracts for access to the platform, which includes features like automated staff scheduling, timekeeping, and payroll integration.
The pricing structure accommodates businesses of various sizes, with fees based on the number of locations and users accessing the system. Additional revenue may be generated from premium features or integrations with other payroll and HR systems, fostering long-term partnerships with clients who experience enhanced operational efficiencies and reduced administrative workloads. In April 2026, Nesto Software GmbH raised EUR 11 million in growth capital funding to bolster its artificial intelligence capabilities and enhance data infrastructure. The company plans to utilize this funding to support the development of upcoming new products.
Additionally, Nesto aims to expand its presence across Europe, targeting strategic markets to increase its operational footprint. This strategic growth is expected to enhance Nesto's service offerings and operational efficiency.
Primary Industry
Software
Sub Industries
Application Integration Software, Analytics & Performance Software
Website
www.nesto-software.com
Verticals
Artificial Intelligence, Cloud Computing
Total Amount Raised
Subscriber access only
Nesto Software GmbH - financials
| Fiscal Year Ended | Dec 31, 2023 |
|---|---|
| Revenue (USD) | - |
| % Revenue Growth (YoY) | - |
| EBITDA (USD) | - |
| Operating Income (USD) | - |
| Operating Margin | - |
| % EBITDA Margin | - |
| NET Income (USD) | - |
| % Net Margin | - |

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