Fineway

Munchen, Germany Founded: 2015 • Age: 11 yrs
An AI-powered personal travel assistant for holiday bookings.
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About Fineway

Fineway is a company based in Munchen (Germany) founded in 2015 by Markus Feigelbinder and Markus Bohl. It operates as a B2C. Fineway has raised $17.67 million across 3 funding rounds from investors including Axel Springer, Bayern Kapital and Mairdumont Ventures. The company has 66 employees as of December 31, 2019. Fineway operates in a competitive market with competitors including Faye, TripIt, Stippl, Whistle and HiJiffy, among others.

  • Headquarter Munchen, Germany
  • Employees 66 as on 31 Dec, 2019
  • Founders Markus Feigelbinder, Markus Bohl
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fineway Gmbh
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $17.67 M (USD)

    in 3 rounds

  • Latest Funding Round
    $6.83 M (USD), Series A

    Nov 30, 2018

  • Investors
  • Employee Count
    66

    as on Dec 31, 2019

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Funding Insights of Fineway

Fineway has successfully raised a total of $17.67M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6.83 million completed in November 2018. 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 3
  • Last Round Series A — $6.8M
  • First Round

    (03 Dec 2015)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2018 Amount Series A - Fineway Valuation Bayern Kapital
Nov, 2017 Amount Series A - Fineway Valuation Bayern Kapital
Dec, 2015 Amount Seed - Fineway Valuation Bayern Kapital , Mairdumont Ventures
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 Fineway

Fineway has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Axel Springer, Bayern Kapital and Mairdumont Ventures. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
High-tech industries are targeted for investments by Bayern Kapital.
Founded Year Domain Location
VC firm investing in travel tech sector
Founded Year Domain Location
Provider of news media, digital content, and technology-based journalism
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 Fineway

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 - Fineway

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

Fineway Comparisons

Employees
+
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Competitors of Fineway

Fineway 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 Faye, TripIt, Stippl, Whistle and HiJiffy, 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
Travel insurance is provided through an app-based platform.
domain founded_year HQ Location
Provider of a travel planner app
domain founded_year HQ Location
Online post-booking-based trip planning platform for travelers
domain founded_year HQ Location
Guest communication is transformed through a messaging platform for hotels.
domain founded_year HQ Location
An AI-enabled chatbot and communication platform for hotels is operated.
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 Fineway

Frequently Asked Questions about Fineway

When was Fineway founded?

Fineway was founded in 2015.

Where is Fineway located?

Fineway is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.

Who is the current CEO of Fineway?

Markus Bohl is the current CEO of Fineway. They have also founded this company.

Is Fineway a funded company?

Fineway is a funded company, having raised a total of $17.67M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Dec 03, 2015.

How many employees does Fineway have?

As of Dec 31, 2019, the latest employee count at Fineway is 66.

What does Fineway do?

Fineway, led by Markus Feigelbinder as Co-Founder, Markus Bohl as Co-Founder, CEO, specializes in leveraging cutting-edge technology, software, providing travel solutions, and creating AI assistants. An AI-powered personal travel assistant for holiday bookings. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.

Who are the top competitors of Fineway?

Fineway's top competitors include Faye, TripIt and Elves.

Who are Fineway's investors?

Fineway has 3 investors. Key investors include Axel Springer, Bayern Kapital, and Mairdumont Ventures.

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