Valuedesk secures €5 million in growth funding with plans to double team size
München, November 11, 2024 – The performance management platform Valuedesk has secured €5 million in a strategically significant financing round to expand its market position and strengthen its team. Existing investor UVC Partners, along with new partners NRW.Ventures and EnjoyVenture are backing Valuedesk's growth potential and unique product, which drives significant performance improvements in businesses. With this new funding, Valuedesk plans to double its team over the next twelve months and is actively seeking experts to join its ambitious growth journey.
“This investment enables us to expand our team substantially. We are particularly interested in seasoned SaaS professionals in sales, marketing, development, and customer success to position Valuedesk even more effectively as a leading solution in performance management,” explains Torsten Bendlin, CEO and founder of Valuedesk. “We are laying the foundation for continued growth and innovation, bringing our customers critical competitive advantages.”
Founded in 2017 in Bielefeld, Valuedesk develops and offers a SaaS platform that helps companies identify, plan, and implement initiatives to increase EBIT, reduce costs, and lower CO₂ emissions. The software empowers departments such as procurement, production, and sales to carry out tailored initiatives and collaborate across a unified platform. With Valuedesk, organizations can harness the full potential of their workforce by utilizing ideas and initiatives from all levels.
New Technology Project “Spark” Launched
As part of the funding round, Valuedesk will advance its new technology project, code-named “Spark,” which aims to generate data-driven, personalized recommendations based on both internal and external data.
“Valuedesk’s platform currently provides the ability to manage all EBIT-enhancing initiatives, enabling departments to independently implement strategies and collaborate within a single system customized to meet corporate needs,” comments Dr. Ingo Potthof, Managing Partner of UVC Partners. “Valuedesk delivers the strategic structure and essential transparency that give companies a decisive edge in the market.”
Valuedesk: A Trailblazer in Performance Management
With over seven years of experience and a mature platform, Valuedesk offers a valuable solution tailored to the needs of complex corporate structures and has proven successful with respected clients such as Phoenix Contact, Körber AG, KRONE Trailer, BPW Bergische Achsen KG, and ACPS Automotive Group. The growing demand for digital solutions in initiative management reflects a clear need for efficient performance management, a demand that Valuedesk is driving forward as a pioneer. According to an international study by Fortune Business Insights, the global market for performance-management-software was valued at $5.4 billion in 2023 and is expected to grow to $12.17 billion by 2032, with an annual growth rate of 9.7 percent.* This market development highlights the increasing demand for solutions that foster transparency and data-driven decision-making, enabling companies to optimize financial and operational performance through automated analysis, planning, and forecasting.
Such systems support companies in making more effective strategic decisions and building resilience against crises. With its technology and expertise, Valuedesk is well-positioned to help companies achieve these goals.
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*Source Fortune Business Insights, Enterprise Performance Management Market Size, Share & Industry Analysis, By Deployment (On-premise and Cloud), By Business Function (Finance, Human Resource, Sales & Marketing, Supply Chain, IT, and Others), By Industry (BFSI, Retail, Manufacturing, Healthcare, IT & Telecom, and Others), and Regional Forecast, 2024 - 2032: https://www.fortunebusinessinsights.com/enterprise-performance-management-market-110340
About Valuedesk
Valuedesk is the platform for company-wide performance management. It enables companies to identify, plan and manage measures to increase EBIT, optimize cash flow and reduce CO2 emissions and control them.
Start small or roll out on a large scale: With Valuedesk, individual departments such as procurement, production or sales can can implement their measures individually and at the same time cooperate with each other. In addition, company-wide transformation programmes can also be managed with
Valuedesk - all in one system to achieve the overall goal.
About UVC Partners
UVC Partners is a leading venture capital firm that invests in European B2B tech startups and has offices in Munich and Berlin. With more than €600 million in assets under management, the VC typically invests between €1 to €10 million initially and up to €30 million per startup in the areas of DeepTech, ClimateTech, Mobility, and Software/AI. As an independent partner of UnternehmerTUM, Europe's leading startup hub, UVC Partners has unique access to proprietary deal flow, more than 1,000 corporates, and SMEs, as well as to talents from the Technical University of Munich, which belongs to the best European technical universities. UVC Partners' investment portfolio includes Flix, Isar Aerospace, planqc, Proxima Fusion, Reverion, Tacto, TWAICE, DeepDrive, STABL, and many more. All portfolio companies and founders benefit from the team's extensive investment and exit experience, their ability to build sustainable category leaders, and the network of UnternehmerTUM, enabling them to speed up market entry.
Learn more at www.uvcpartners.com.
About NRW.Ventures
NRW.Venture is NRW.BANKs response to the scarce supply of financing for young, innovative and often technology-oriented companies that frequently do not have adequate access to loans. Their key asset is a new market idea – this is why their chances of success often hard to assess. Together with private-sector investors, NRW.Venture invest up to fifteen million euros of equity in such start-ups over several financing rounds. NRW.BANK acquires minority stakes over a term of three to seven years. NRW.Venture does not only provide capital – its experienced team is the key to joint success. The investment professionals with many years of venture capital experience and often also technology and start-up experience use their expertise and network to ensure that start-ups have the best chances of success.
Über EnjoyVentures
EnjoyVenture is a venture capital firm that has invested in more than 200 startups since its founding in 2000. Currently, 5 venture capital funds with a total volume of 160 million euros are managed. Our focused approach and over 20 years of experience in venture capital has enabled us to develop strong expertise and networks.
