Kontist

Berlin, Germany Founded: 2016 • Age: 10 yrs Acquired By Ageras
Digital banking services are offered to freelancers and self-employed professionals.
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About Kontist

Kontist is a company based in Berlin (Germany) founded in 2016 was acquired by Ageras in July 2022.. Kontist has raised $46.73 million across 6 funding rounds from investors including Mars Growth Capital, Founders Founders and Haufe Group. The company has 61 employees as of December 31, 2020. Kontist offers products and services including Business Account, Banking App, and Bookkeeping Tools. Kontist operates in a competitive market with competitors including Qonto, Tide, Workday Adaptive Planning, Anaplan and Penta Bank, among others.

  • Headquarter Berlin, Germany
  • Employees 61 as on 31 Dec, 2020
  • Stage Minicorn
  • Sectors
    Financial Services
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ageras Gmbh
Operational Areas
Financial Services → FinTech & Digital Finance
Technology → Marketing, Adtech & Commerce Technology
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
    $22.18 K (USD)
    57
    as on Dec 31, 2022
  • Net Profit
    $-29.23 K (USD)
    -20
    as on Dec 31, 2022
  • EBITDA
    $-29.14 K (USD)
    -20
    as on Dec 31, 2022
  • Total Equity Funding
    $46.73 M (USD)

    in 6 rounds

  • Latest Funding Round
    $4.5 M (USD), Debt – Conventional

    Nov 16, 2021

  • Investors
  • Employee Count
    61

    as on Dec 31, 2020

  • Acquired by
    Ageras

    (Jul 28, 2022)

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Products & Services of Kontist

Kontist offers a comprehensive portfolio of products and services, including Business Account, Banking App, and Bookkeeping Tools. 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

Free account for managing business finances and taxes

App for secure transactions and financial oversight

AI-driven system for tax and invoice management

People of Kontist
Headcount 50-200
Employee Profiles 6
Employee Profiles
People
Rico Andersen
Co-Founder & CEO
People
Martin Hegelund
Co-Founder & CMO
People
Marthe Friedrich
Senior Client Consultant

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Funding Insights of Kontist

Kontist has successfully raised a total of $46.73M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $4.5 million completed in November 2021. 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 6
  • Last Round Debt – Conventional — $4.5M
  • First Round

    (12 Oct 2016)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2021 Amount Debt – Conventional - Kontist Valuation

investors

Mar, 2021 Amount Series B - Kontist Valuation Founders
Oct, 2018 Amount Series A - Kontist Valuation Haufe Group
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 Kontist

Kontist has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Mars Growth Capital, Founders Founders and Haufe Group. 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
Investments are directed toward late-stage and growth-stage technology companies.
Founded Year Domain Location
Technology companies are developed and supported by this startup studio.
Founded Year Domain Location
Provision of financing, loans, equity, and insurance for Danish export and investment activities.
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 Kontist

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 - Kontist

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

Kontist Comparisons

Employees
+
Add Comparison
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Competitors of Kontist

Kontist 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 Qonto, Tide, Workday Adaptive Planning, Anaplan and Penta Bank, 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
Subscription-based online banking is offered to SMEs and freelancers.
domain founded_year HQ Location
Tide is recognized as a digital banking platform for businesses.
domain founded_year HQ Location
Cloud-based financial planning and analytics are delivered via SaaS.
domain founded_year HQ Location
Operational planning and forecasting solutions are offered to businesses.
domain founded_year HQ Location
Digital banking services for SMEs are provided via mobile app.
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 Kontist

Frequently Asked Questions about Kontist

When was Kontist founded?

Kontist was founded in 2016.

Where is Kontist located?

Kontist is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

Is Kontist a funded company?

Kontist is a funded company, having raised a total of $46.73M across 6 funding rounds to date. The company's 1st funding round was a Series A of $9.57M, raised on Oct 12, 2016.

How many employees does Kontist have?

As of Dec 31, 2020, the latest employee count at Kontist is 61.

What is the annual revenue of Kontist?

Annual revenue of Kontist is $22.18K as on Dec 31, 2022.

What does Kontist do?

Founded in 2016 in Berlin, Germany, Kontist operates as a digital bank targeting freelancers and the self-employed. Account opening is handled paperlessly, with mobile banking and push notifications for activity provided. Automatic reserves for income and sales taxes are managed, alongside an early warning system for payment issues. Partnership with Solaris Bank enables a German banking license and modular technology. User deposits are protected by the European deposit fund.

Who are the top competitors of Kontist?

Kontist's top competitors include Tide, Qonto and Workday Adaptive Planning.

What products or services does Kontist offer?

Kontist offers Business Account, Banking App, and Bookkeeping Tools.

Who are Kontist's investors?

Kontist has 5 investors. Key investors include Mars Growth Capital, Founders Founders, Haufe Group, Danmarks Eksport- og Investeringsfond, and Ageras.

What is Kontist's valuation?

The valuation of Kontist is $52.18M as of Mar 2021.

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