About Flexcavo
Flexcavo is an Industrial Goods & Manufacturing company based in Rosenheim (Germany) founded in 2020 by Benedict Aicher and Leonhard Fricke, and was acquired by Trackunit in January 2023. It operates as a construction machinery rental services are offered by Flexcavo. Flexcavo has raised $15.5 million across 3 funding rounds from investors including Trackunit, FJ Labs and Vereinigte Volksbank. The company has 378 employees. Flexcavo offers products and services including Trackunit Manager, Trackunit Go, and Trackunit On. Its focus areas include Real Estate and Construction, Construction Equipment and Machinery, Supplier and Equipment Rentals.
Company details
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.
- Headquarters Rosenheim, Germany
- Employees 378
- Founders Benedict Aicher, Leonhard Fricke
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website flexcavo.de
- Social LinkedIn Facebook
- Acquired by Trackunit (Jan 2023)
Products & Services of Flexcavo
Flexcavo offers a comprehensive portfolio of products and services, including Trackunit Manager, Trackunit Go, and Trackunit On.
Software for monitoring and managing construction assets.
App for real-time fleet oversight and utilization.
Tool for equipment safety and workflow automation.
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 $15.5M
- Total Rounds 3
- Last Round Seed — $8M
- Investors Count 10
All 3 funding rounds of Flexcavo 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 |
|---|---|---|---|---|---|
| Feb 2022 | $8M | Seed | – | – | |
| Sep 2021 | $7.5M | Seed | – | VR Ventures Management | |
| Jul 2020 | – | Seed | – | Picus Capital | – |
11 investors in total: 7 institutional and 4 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on tech startups | – | vr-ventures.vc | Berlin, Germany | |
Venture capital firm focused on early stage healthcare, renewable energy, real estate, finance, and multiple businesses | – | picuscap.com | Munich, Germany | |
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors | 2007 | fjlabs.com | New York, United States | |
Banking services are provided to private and business customers. | – | v-vb.de | Germany | |
- | – | bvr.de | - | |
Rivus Capital is engaged in private equity investments focusing on sustainability. | – | rivuscap.com | Munich, Germany | |
FJ Felix Jahn | German entrepreneur turned angel investor in Indian startups, focusing on tech and innovation | – | unknown_aadb165ef92f4e36a | - |
FH Florian Huber | Angel investor and advisor, focused on Indian startups, ex-United Internet. | – | unknown_33bbae6950b44384b | - |
FS Florian Seubert | German angel investor in Indian startups, co-founder of Startup-O | – | unknown_f221e15018b84238b | - |
MJ Max Josef Meier | German entrepreneur, angel investor in India, founder of FlixBus and other ventures | – | unknown_54acc421945144c69 | - |
Investor details for Flexcavo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Flexcavo
6 people are tracked at Flexcavo (2 in leadership, 4 in team); the tracked headcount is 378.
| Name | Role | Group |
|---|---|---|
Benedict Aicher | Co-Founder & Managing Director | Leadership |
Leonhard Fricke | Co-Founder & Managing Director | Leadership |
Candaş Erdener | Software Developer | Team |
Darya Akimova | Full-stack Developer | Team |
Diogo Werner | Product Designer | Team |
Pascal Schrepfer | Senior Product Owner | Team |
Complete people profiles for Flexcavo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Flexcavo
4 dated milestones of Flexcavo across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Flexcavo is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $8.0M.
- Exit Acquired by Trackunit.
Top companies in Construction Equipment and Machinery
10 companies that operate in the same segment as Flexcavo (Construction Equipment and Machinery), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial tools and equipment are supplied globally by Kennametal. | 1938 | Latrobe, Pennsylvania, United States | – | USD 1.97 B | 8,119 | |
Capital goods for agriculture and construction are manufactured by CNH. | 2012 | Basildon, Essex, United Kingdom | – | USD 18.1 B | 35,850 | |
Engineering and automation solutions are provided for diverse industries. | 1946 | Mumbai, Maharashtra, India | – | USD 30.48 B | 412,970 | |
Construction and industrial equipment is rented across North America. | 1983 | Fort Mill, South Carolina, United States | – | – | – | |
Construction machinery is manufactured and supplied by the group worldwide. | 1999 | China | – | USD 1.75 K | – | |
Tractors and mechanized off-highway equipment are manufactured. | 1837 | Moline, Illinois, United States | – | USD 45.63 B | – | |
Industrial tools and household hardware are manufactured. | 1843 | Baltimore, Maryland, United States | – | USD 15.13 B | 48,500 | |
Precision components are manufactured for various industries. | 1980 | West Fargo, North Dakota, United States | – | USD 2.43 B | 3,650 | |
Construction and mining equipment, engines, and locomotives are manufactured. | 1925 | United States | – | USD 67.59 B | 112,900 | |
Construction and mining equipment, engines, and locomotives are manufactured. | 1993 | United States | – | – | – |
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Related news about Flexcavo
Complete news archive for Flexcavo
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Frequently Asked Questions about Flexcavo
Flexcavo was founded in 2020.
Flexcavo is headquartered in Rosenheim, Germany. It is registered at Rosenheim, Bayern, Germany.
Flexcavo is a funded company, having raised a total of $15.5M across 3 funding rounds to date.
Flexcavo has 378 employees.
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.
Flexcavo offers Trackunit Manager, Trackunit Go, and Trackunit On.
Flexcavo has 11 investors. Key investors include Trackunit, FJ Labs, Vereinigte Volksbank, BVR, and VR Ventures Management.
Yes. Flexcavo was acquired by Trackunit in January 2023.