About Andercore
Andercore is a company based in Berlin (Germany) founded in 2021. It operates as a B2B. Andercore has raised $40 million across 2 funding rounds from investors including Atomico, Project A and Inven Capital. Andercore offers products and services including Building Materials Distribution, Logistics Services, and International Trade Financing. Andercore operates in a competitive market with competitors including DuPont, Heidelberg Materials, Lindner Group, Pfleiderer and Sto SE & Co, among others.
- Headquarter Berlin, Germany
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Andercore Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$40 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Atomico
& 4 more
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Employee Count
Employee Count
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Products & Services of Andercore
Andercore offers a comprehensive portfolio of products and services, including Building Materials Distribution, Logistics Services, and International Trade Financing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Distribution of high-quality manufactured building materials.
Handling transportation and delivery of materials.
Providing financing options for global trade transactions.
Funding Insights of Andercore
Andercore has successfully raised a total of $40M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(11 Feb 2026)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2026 | Amount | Series B - Andercore | Valuation |
investors |
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| Feb, 2026 | Amount | Debt – Conventional - Andercore | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Andercore
Andercore has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Atomico, Project A and Inven Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Andercore
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Andercore
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Andercore Comparisons
Competitors of Andercore
Andercore operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DuPont, Heidelberg Materials, Lindner Group, Pfleiderer and Sto SE & Co, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Developer of chemical products, construction & packaging materials, and water solutions
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| domain | founded_year | HQ Location |
Cement, aggregates, and ready-mixed concrete are produced by the company.
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| domain | founded_year | HQ Location |
Diversified building materials are manufactured and distributed globally.
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| domain | founded_year | HQ Location |
Wood-based panels are manufactured for construction and interior applications.
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| domain | founded_year | HQ Location |
Acoustic, floor coating, concrete, and interior building materials are manufactured.
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| domain | founded_year | HQ Location |
Offline distributor of multi-category consumer goods.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Andercore
When was Andercore founded?
Andercore was founded in 2021 and raised its 1st funding round 5 years after it was founded.
Where is Andercore located?
Andercore is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Andercore a funded company?
Andercore is a funded company, having raised a total of $40M across 2 funding rounds to date. The company's 1st funding round was a Series B of $40M, raised on Feb 11, 2026.
What does Andercore do?
Andercore operates as an independent distributor of manufactured building materials, linking producers and consumers through flexible sourcing and a global network of suppliers. The company provides logistics, international trade financing, and made-to-order services to support businesses in construction, machinery, and engineering. Based in multiple locations including Germany and the US, Andercore helps customers reduce inventory needs with reliable access to high-quality products from top-tier brands. It emphasizes efficiency and sustainability in its operations across various markets.
Who are the top competitors of Andercore?
Andercore's top competitors include DuPont, Heidelberg Materials and Sto SE & Co.
What products or services does Andercore offer?
Andercore offers Building Materials Distribution, Logistics Services, and International Trade Financing.
Who are Andercore's investors?
Andercore has 5 investors. Key investors include Atomico, Project A, Inven Capital, Commerzbank, and KFW.