In the beginning of December 2019 Verium (a Zurich-based multi family office) announced an interesting investment: the company acquired shares of DSwiss, a provider of digital safes.
DSwiss: “Secure Digital Services”
DSwiss was launched in 2008. Today, the Zurich-based company employs 50 people. The company is led by Tobias Christen (CEO), Michael Tschannen (CTO) and John Schriber (CPO). The main product of DSwiss is a digital safe service for banks. Thereby, bank customers can protect important documents. Other products include digital mailboxes for bank documents or a digital exchange platform for financial advisors. Customers include UBS, Baloise or Basler Insurances. UBS’ “UBS Safe” initiative, for example, is based on DSwiss’ technology. DSwiss is already active in Switzerland, Germany, Benelux and Austria.
Zurich Multi Family Office gets largest shareholder
In the past, DSwiss received two funding rounds. A first funding round took place in 2012 with undisclosed investors, a second CHF 1.5M venture round in 2014 (led by Zühlke Ventures). Now, the Zurich based multi family office Verium invests an undisclosed amount in DSwiss. Through the new capital, further growth and internationalization will be fueled. The next countries for the planned expansion are Southern Europe and Scandinavia. Verium is one of the leading Swiss multi family offices with an active investment approach. Amongst others, Verium invests in real estate, infrastructure, private equity and venture capital. Marc Erni, Managing Partner at Verium, will move into the board of directors at DSwiss.
Sources
Finnews.ch, 9.12.2019
Crunchbase, 9.12.2019
Roman Jauch, 9.12.2019
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