May 24, 2013
riskmethods, Munich, May 24, 2013 – Bayern Kapital (bayernkapital.de) supports and promotes riskmethods GmbH’s growth with a powerful financial injection. This is to mark the end of riskmethod’s seed financing phase, during which Business Angel Alexander Bruehl is also taking a stake in the increase of capital as Angel Investor. Thanks to the successful closing of the seed financing phase II it is now possible to make considerable investments in market development, marketing and workforce. Bayern Kapital and Alexander Bruehl will continue to support riskmethods and contribute to the company’s success.
The seed cluster fund as well as Business Angel Alexander Bruehl are strong believers in the success of the German start-up company from Munich. The seed phase is currently closing with the equity holding by Bayern Kapital and the upcoming closing of the >Beta-Testings< and market introduction of the SaaS solution ´Social Supply Risk Network`. In addition to this, Business Angels has already powered the company during its kick-off period as consultants and financial supporters and will continue to be involved with riskmethods even after the start-up process. Teaming up with the new partners Bayern Kapital and Alexander Bruehl will help riskmethods make essential investments in technology, workforce, and market development.
“We are delighted about the trust in our business model, our risk management methodology, as well as riskmethods’ technological position, that is expressed herewith. Furthermore, we consider the additional investment by Bayern Kapital an honor because only very few companies pass the selection process. This is what makes us particularly proud”, says Rolf Zimmer, founder, general manager and financial director of riskmethods GmbH. “Now, thanks to a strong financial background we feel comfortable enough to make additional investments in product development, marketing and distribution.”
A large number of factors have been decisive for Bayern Kapital to become involved, among them and most importantly the comprehensive and extremely precise planning conducted by the company founders Heiko Schwarz and Rolf Zimmer in the run-up of the company foundation. These plans proved to be exceptionally transparent with regards to where and how fast their idea would materialize within a sustainable ROI and extensive benefit for sourcing and logistics. Thomas Manitta, senior equity holding manager of Bayern Kapital, is enthusiastic about both the financial conception as well as the innovative business model. “We were particularly convinced of riskmethods because of its management. In addition to this, the company presented a professional business plan, a proven sustainable business model as well as a very promising technological solution. With riskmethods, we are happy to have invested in a high-potential company to add to our portfolio.”
A specialist in SaaS companies, Bruehl based his decision to support riskmethods from the very beginning on the fact that the “Social Supply Risk Network“ was 100% cloud-based: It can be operated immediately, it is easy and comfortable to use, it is very precise when it comes to the delivery of results, and it is immediately applicable to the customer’s supply chain in consideration of general as well as company-specific criteria.
“I have been convinced of riskmethods’ extraordinary potential from the very beginning. The combination of a strong methodology in supply risk management with the technology which riskmethods is using, makes for a unique market opportunity. Plus, since supply risk management is mandatory for the business success of a company, and since riskmethods integrates the necessary components – mobile, information, analytics and business process –, I have supported the undertaking from the very start of the business idea. I am happy to contribute to the future success of riskmethods as a mentor, sparring partner and at the same time, as an investor”, says Business Angel Alexander Bruehl about the reasons for his decision.
“Joining forces with Alexander Bruehl and Bayern Kapital we have found the perfect partners because within the investment process, we have always attached great importance to our associates’ primary interest in sustainable business development”, adds Heiko Schwarz, founder, general manager and marketing director of riskmethods. “This is a crucial step to be able to offer even more safety for both our customers and potential customers while enabling our business to grow structurally and be expanded on a sustainable basis.”
About Bayern Kapital
Bayern Kapital GmbH was set up in 1995 as part of the Bavarian state government’s “Bavarian Future Initiative”, aimed in particular at providing venture capital to newly-founded, innovative Bavarian companies. To date, Bayern Kapital has invested approximately € 185 million in more than 220 innovative, high-tech companies. Bayern Kapital currently manages an overall fund volume of about € 200 million.
About Alexander Bruehl
Alexander Bruehl is a committed mentor, active sparring partner and Angel Investor with long-term experience both as an entrepreneur as well as general partner of renowned international venture capital funds. He primarily invests in start-up companies in the field of Software as a Service (SaaS) and digital media.
As the technological market leader in cloud-based supply chain risk management solutions, riskmethods provides support for companies in the risk analysis of their supply chains. Its SaaS solution "Social Supply Risk Network", which was developed in Germany, combines the latest software technologies, best-practice content and innovative services into a comprehensive analysis tool. This allows sales and market shares to be secured and enables long-term protection of the corporate image. In addition, less effort is required for procuring borrowed capital, business interruption insurance becomes accessible and certifications such as ISO 28000 are simplified.