Valuemize Secures Seven-Figure Pre-Seed Funding

(CONNECT) Valuemize has received seven-figure funding from various investors. The venture capital firms involved were xdeck (Cologne), HEARTFELT(Berlin), OMA Business Angels (Munich), superangels (Munich), Prequel Ventures (Berlin), PRXS Technology and Investment (Berlin), as well as former executives and experts from BCG, Celonis, and McKinsey, and the founders of CDTM.

They all expect that valuemize—the startup unveiled in Munich in 2024 and registered in the Swiss Commercial Register in 2025—will be successful with its new software category, Lifecycle Cost Intelligence. “Our platform bridges the gap between ERP and PLM and enables management, R&D, finance, and procurement to simulate the financial impact of every decision in real time,” according to a statement by Michael Domanegg, who is responsible for the business as part of the leadership team.

"Until now, the people responsible for cost management have spent 'over 60 percent of their time on data archaeology,' chasing down fragmented Excel spreadsheets and internal alignments, without making use of the historical data in their ERP and PLM systems or advanced simulation capabilities," according to valuemize.

“We built valuemize because we’ve experienced this pain ourselves.” The leadership trio brings experience from product cost engineering at ABB/Accelleron, from leading technical teams at SAP, and from other major industrial companies. "We are not outsiders," writes Domanegg. "We are insiders who are fixing the system we grew up in." ce/mm