Single Family Office from Hannover Invests In Gapless €5.5M Funding Round

Single Family Office from Hannover Invests In Gapless €5.5M Funding Round

LA ROCA Capital, the single family office of insurance entrepreneur Kersten Jodexnis, is one of the investors of Gapless‘ most recent €5.5M funding round.

Blockchain-based all-in-one car app

Gapless is a German blockchain startup working on a blockchain-based all in one app for vehicles. Through Gapless’ app, users can get an overview of the history of their car. The app enables users to manage cars, to track costs and to get notifications for due maintenance works. Gapless was founded by Jan Karnath, Andreas Joebges and Malte Häusler in 2018 in Berlin. Legally, Gapless is a brand of the New Horizon GmbH.

Funding by the family office of Kersten Jodexnis and other investors

Now, Gapless received a €5.5M funding round to further accelerate its growth. Investors include luxury carmaker Porsche and LA ROCA Capital, the Jodexnis family office. The FinLab EOS VC Fund acts as the lead investor (a joint venture of FinLab and Block.One). Kersten Jodexnis is a German insurance entrepreneur who led the JODEXNIS Versicherungsmakler GmbH and is the majority shareholder of the Wertgarantie AG (more than 600 employees, 240 millions of yearly revenues). The LA ROCA family office is an active investor in the startup universe, investments include simplesurance, UniversalQuantum, or Mountain Partners. The Jodexnis family office also had various successful exits in the past, like JimDrive or Horse Analytics.

Sources
Dgap, 30.04.2020
Erik Mclean, 30.04.2020

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