About Flexcavo
Flexcavo is a company based in Rosenheim (Germany) founded in 2020 by Benedict Aicher and Leonhard Fricke was acquired by Trackunit in January 2023.. Flexcavo has raised $15.5 million across 3 funding rounds from investors including Trackunit, FJ Labs and Vereinigte Volksbank. The company has 378 employees as of December 31, 2021. Flexcavo offers products and services including Trackunit Manager, Trackunit Go, and Trackunit On.
- Headquarter Rosenheim, Germany
- Employees 378 as on 31 Dec, 2021
- Founders Benedict Aicher, Leonhard Fricke
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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Products & Services of Flexcavo
Flexcavo offers a comprehensive portfolio of products and services, including Trackunit Manager, Trackunit Go, and Trackunit On. 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.
Software for monitoring and managing construction assets.
App for real-time fleet oversight and utilization.
Tool for equipment safety and workflow automation.
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Product Management Team
2 people
Software Development Team
1 people
Co Team
1 people
Full Team
1 people
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Funding Insights of Flexcavo
Flexcavo has successfully raised a total of $15.5M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $8 million completed in February 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 Funding
- Total Rounds 3
- Last Round Seed — $8.0M
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2022 | Amount | Seed - Flexcavo | Valuation |
investors |
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| Sep, 2021 | Amount | Seed - Flexcavo | Valuation | VR Ventures Management | |
| Jul, 2020 | Amount | Seed - Flexcavo | Valuation | Picus Capital |
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| 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 |
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Investors in Flexcavo
Flexcavo has secured backing from 11 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Trackunit, FJ Labs and Vereinigte Volksbank. 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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Venture capital firm focused on tech startups
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Venture capital firm focused on early stage healthcare, renewable energy, real estate, finance, and multiple businesses
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Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 Flexcavo
| 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 - Flexcavo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Flexcavo Comparisons
Competitors of Flexcavo
| 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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Latest news on Flexcavo
Frequently Asked Questions about Flexcavo
When was Flexcavo founded?
Flexcavo was founded in 2020.
Where is Flexcavo located?
Flexcavo is headquartered in Rosenheim, Germany. It is registered at Rosenheim, Bayern, Germany.
Is Flexcavo a funded company?
Flexcavo is a funded company, having raised a total of $15.5M across 3 funding rounds to date.
How many employees does Flexcavo have?
As of Dec 31, 2021, the latest employee count at Flexcavo is 378.
What does Flexcavo do?
Flexcavo was founded in 2020 in Rosenheim, Germany, by co-founders Benedict Aicher and Leonhard Fricke, who serve as managing directors. Rental services for various construction machinery are provided to support projects in the building and infrastructure sectors. Operations focus on efficient equipment availability and maintenance, serving clients across Germany through the domain flexcavo.de. The company emphasizes practical solutions for short- and long-term rentals.
What products or services does Flexcavo offer?
Flexcavo offers Trackunit Manager, Trackunit Go, and Trackunit On.
Who are Flexcavo's investors?
Flexcavo has 11 investors. Key investors include Trackunit, FJ Labs, Vereinigte Volksbank, BVR, and VR Ventures Management.