The Munich-based startup Usercentrics is working on privacy regulation technologies. Recently, Usercentrics announced the successful closing of its recent Series A funding round to fuel further growth and to establish the market leadership of the company. One of the investors is the (also Munich-based) single family office Reimann Investors.
Consent Management as Software-as-a-Service (SaaS) solution
Through the software of Usercentrics – which is offered as SaaS solution – customers can manage the privacy consent of their visitors. This is especially important in times of stricter privacy policies and the European “DSGVO”. Usercentrics was founded in 2017. Since then, the company already managed to win many notable customers like Telefonica, Commerzbank or T-Mobile. Usercentrics’ founder and CEO Mischa Rürup already founded and succesfully sold the startup intelliAd in the past. Core product of Usercentric’s is the Consent Management Platform (CMP).
Many investors participating in Series A
The recent Series A round includes various investors: ALSTIN Capital, Cavalry Ventures, business angel Alexander Gösswein and Reimann Investors. Reimann Investors – which already invested in the venture round of Usercentrics – is the family office of the Reimann-Dubbers family. The Munich-based family office mainly invests in capital markets, private equity and venture capital. Portfolio companies include Keller Sports, Klarna, Spendit or Panadur. Reimann Investors is also open to external (non-family) investors since a few years.
Sources
cetteup (picture), 10.07.2019
Boersennews, 10.07.2019
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