About Better Place
Better Place is a Chemicals & Materials company based in Gronau (Germany) founded in 2007 by Ralf Ochs and Joachim Muller. Coating systems with antimicrobial properties for smooth surfaces are provided. It operates on a AI-as-a-Service and EduTech model in Chemicals & Materials and Healthcare sectors. Better Place has raised $660.75 million across 4 funding rounds from investors including HSBC, UBS and Morgan Stanley. Better Place has completed 1 acquisition, including MyRocket. Better Place offers products and services including LearnCraft and Adaptive LMS Tools. Its focus areas include Education, EdTech and Online Learning Platforms. Its legal entity is Better Place AI.
Company details
Better Place AI is dedicated to revolutionizing education by leveraging artificial intelligence and educator creativity. Personalized and scalable learning experiences are created through their proprietary AI engine, LearnCraft, which instantly converts prompts into structured courses including lesson plans, quizzes, and video scripts. Adaptive LMS tools are also provided to enhance the delivery of education, making it smarter and accessible to a global audience. The company operates in the EdTech sector, aiming to build infrastructure for the future of learning that is faster to create and designed for diverse learners.
- Headquarters Gronau, Germany
- Founders Ralf Ochs, Joachim Muller
- SectorsChemicals & MaterialsHealthcare
- Email••••••••
- Phone•••• ••••
- Website betterplace.com
- Social LinkedIn X Facebook
- Legal Name Better Place Ai
Products & Services of Better Place
Better Place offers a comprehensive portfolio of products and services, including LearnCraft and Adaptive LMS Tools.
AI engine transforms prompts into structured educational courses.
Tools designed for smarter, personalized education delivery systems.
Funding Insights of Better Place
Better Place has successfully raised a total of $660.75M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $50.05 million completed in August 2012. 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 $660.75M
- Total Rounds 4
- Last Round Debt – Conventional — $50.05M
- First Round $110.75M
(May 2009)
- Investors Count 7
All 4 funding rounds of Better Place with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2012 | $50.05M | Debt – Conventional | – | – | |
| Nov 2011 | $200M | Series C | – | GE Capital, UBS | |
| May 2010 | $350M | Series C | – | – | – |
| May 2009 | $110.75M | Series C | – | – | – |
7 investors in total: 7 institutional.
Investors in Better Place
Better Place has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include HSBC, UBS and Morgan Stanley.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Finance and advisory services for infrastructure projects are provided. | 1958 | eib.org | Luxembourg, Luxembourg | |
Venture capital firm | vpcp.com | Santa Barbara, United States | ||
Commercial aircraft and equipment leasing and lending services are provided. | 1932 | gecapital.com | United States | |
Financial services are provided globally by UBS for wealth management. | 1862 | ubs.com | Zurich, Switzerland | |
Holding company focusing on oil, shipping, energy, chemicals and transportation sectors | 1968 | israelcorp.com | Tel Aviv, Israel | |
Universal banking and financial advisory services are provided globally. | 1865 | hsbc.com | London, United Kingdom | |
Wealth management, investment advisory, and financial services are provided. | 1935 | morganstanley.com | New York, United States |
Investor details for Better Place
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Better Place
2 people are tracked at Better Place (2 in leadership).
| Name | Role | Group |
|---|---|---|
Ralf Ochs | Co-Founder | Leadership |
Joachim Muller | Co-Founder | Leadership |
Complete people profiles for Better Place
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Better Place
Better Place has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MyRocket.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Multi-industry jobs are matched to users via an online platform. | myrocket.co | Bengaluru, India | 2014 | Oct 2021 | •••• |
Complete acquisition details for Better Place
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Better Place
4 dated milestones of Better Place across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Better Place is founded.
- Funding First funding round of $110.8M.
- Funding Latest funding round, Debt – Conventional, of $50.1M.
- Acquisition Acquires MyRocket.
Web traffic of Better Place
The website of Better Place (betterplace.com) receives about 2.2K visits a month.
- Monthly visits2.2K
▲ 25.7% vs previous month
Websites whose visitors overlap most with Better Place. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
teslamotors.com | teslamotors.com | 100% | #99,754 | – | |
en.wikipedia.org | en.wikipedia.org | 30% | – | ||
| wired.com | 30% | 15.2M | #5,171 | View details | |
shaiagassi.typepad.com | shaiagassi.typepad.com | 29% | – |
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Related news about Better Place
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Frequently Asked Questions about Better Place
Better Place was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Better Place is headquartered in Gronau, Germany. It is registered at Gronau, North Rhine-westphalia, Germany.
Better Place is a funded company, having raised a total of $660.75M across 4 funding rounds to date. The company's 1st funding round was a Series C of $110.75M, raised on May 2009.
Better Place AI is dedicated to revolutionizing education by leveraging artificial intelligence and educator creativity. Personalized and scalable learning experiences are created through their proprietary AI engine, LearnCraft, which instantly converts prompts into structured courses including lesson plans, quizzes, and video scripts. Adaptive LMS tools are also provided to enhance the delivery of education, making it smarter and accessible to a global audience. The company operates in the EdTech sector, aiming to build infrastructure for the future of learning that is faster to create and designed for diverse learners.
Better Place offers LearnCraft and Adaptive LMS Tools.
Better Place has made 1 acquisition, including MyRocket.
Better Place has 7 investors. Key investors include HSBC, UBS, Morgan Stanley, GE Capital, and European Investment Bank.
Better Place operates through Better Place Ai.