bex

Stuttgart, Germany Founded: 2019 • Age: 7 yrs
Procurement management software is delivered via SaaS for construction professionals.

About bex

bex is a company based in Stuttgart (Germany) founded in 2019 by Lennart A Paul and Johannes Keller.. bex has raised $6.16 million across 1 funding round from investors including Scania. bex offers products and services including Kurier Service, Feste Touren, and Kleinmengenlogistik. bex operates in a competitive market with competitors including Schuettflix, comstruct, Cosuno, CATHAGO and Relok, among others.

  • Headquarter Stuttgart, Germany
  • Founders Lennart A Paul, Johannes Keller
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bex Technologies Gmbh
Operational Areas
Real Estate & Construction → Property Technology (PropTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6.16 M (USD)

    in 1 rounds

  • Latest Funding Round
    $6.16 M (USD), Series A

    Mar 01, 2022

  • Investors
  • Employee Count
    Employee Count
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Products & Services of bex

bex offers a comprehensive portfolio of products and services, including Kurier Service, Feste Touren, and Kleinmengenlogistik. 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.

Primary

Express delivery for construction materials and machinery.

Long-term vehicle deployments for regular logistics needs.

Cost-efficient handling of small quantity transports.

People of bex
Headcount 10-50
Employee Profiles 20
Employee Profiles
People
Jerko Horvat
Tech Lead
People
Lennart A. Paul
Co-Founder & CEO
People
Kimberly Curtis
Marketing Team Lead
People
Johannes Keller
Co-Founder & CTO

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Funding Insights of bex

bex has successfully raised a total of $6.16M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.16 million completed in March 2022. 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 Rounds 1
  • Last Round Series A — $6.2M
  • First Round

    (01 Mar 2022)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2022 Amount Series A - bex Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in bex

bex has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Scania. 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.

All
Institutional
Investor Description Founded Year Domain Location
Commercial vehicles including trucks and buses are manufactured and serviced.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by bex

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - bex

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bex Comparisons

Employees
+
Add Comparison
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Competitors of bex

bex 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 Schuettflix, comstruct, Cosuno, CATHAGO and Relok, 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
Building supplies are distributed electronically to enterprises.
domain founded_year HQ Location
Comstruct provides digital delivery notes, automated invoice verification, and other services
domain founded_year HQ Location
SaaS software for subcontractor management in construction is provided.
domain founded_year HQ Location
Procurement management software is offered via SaaS for construction professionals.
domain founded_year HQ Location
Cloud-based procurement and material management software for construction industry.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bex

Frequently Asked Questions about bex

When was bex founded?

bex was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Where is bex located?

bex is headquartered in Stuttgart, Germany. It is registered at Stuttgart, Baden-wurttemberg, Germany.

Who is the current CEO of bex?

Lennart A Paul is the current CEO of bex. They have also founded this company.

Is bex a funded company?

bex is a funded company, having raised a total of $6.16M across 1 funding round to date. The company's 1st funding round was a Series A of $6.16M, raised on Mar 01, 2022.

What does bex do?

Bex was established in 2019 in Stuttgart, Germany, as a provider of SaaS-based procurement management software targeted at the construction sector. Operations focus on streamlining material ordering, transport booking, and issue resolution for professionals. A dedicated mobile application is offered for Android and iOS platforms to support on-site activities. The service addresses key supply chain needs in construction projects across Europe.

Who are the top competitors of bex?

bex's top competitors include Schuettflix, comstruct and Cosuno.

What products or services does bex offer?

bex offers Kurier Service, Feste Touren, and Kleinmengenlogistik.

Who are bex's investors?

bex has 1 investor. Key investors include Scania.

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