About Master PIM
Master PIM is a company based in Weimar (Germany) founded in 2014 by Sven Lachhein. It operates as a B2B. Master PIM has raised $1.16 million across 1 funding round from investors including bm|t and Brandenburg Ventures. Master PIM operates in a competitive market with competitors including Twiga Foods, BILT, Akeneo, Salsify and AInnovation, among others.
- Headquarter Weimar, Germany
- Founders Sven Lachhein
- SectorsTechnology
- Website masterpim.de
- Social X
- Legal Name Master Pim Gmbh
- Total Equity Funding$1.16M (USD)
in 1 rounds
- Latest Funding Round$1.16M (USD), Seed
Sep 2018
- Investorsbm|t
& 1 more
Funding Insights of Master PIM
Master PIM has successfully raised a total of $1.16M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.16 million completed in September 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 $1.16M
- Total Rounds 1
- Last Round Seed — $1.16M
- First Round $1.16M
(Sep 2018)
- Investors Count 2
All 1 funding rounds of Master PIM 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 |
|---|---|---|---|---|---|
| Sep 2018 | $1.16M | Seed | – | Beteiligungsmanagement Thuringen |
2 investors in total: 2 institutional.
Investors in Master PIM
Master PIM has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include bm|t and Brandenburg Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and private equity investments are managed by bm|t. | – | bm-t.de | Erfurt, Germany | |
Brandenburg Ventures GmbH is engaged as a private investor and management company supporting technology startups. | 2009 | brandenburg-ventures.com | Ilmenau, Germany |
Investor details for Master PIM
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Master PIM
1 people are tracked at Master PIM (1 in leadership).
| Name | Role | Group |
|---|---|---|
Sven Lachhein | Founder, CEO | Leadership |
Complete people profiles for Master PIM
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Master PIM
2 dated milestones of Master PIM across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Master PIM is founded.
- Funding First funding round of $1.2M.
Competitors of Master PIM
Master PIM 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 Twiga Foods, BILT, Akeneo, Salsify and AInnovation, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| twiga.com | 2013 | Nairobi, Kenya | $94.05M | – | Farm products are distributed via an online marketplace to vendors. | |
| biltapp.com | 2014 | Grapevine, United States | $32.1M | – | Developer of an app providing 3D assembly instructions for consumer goods | |
| akeneo.com | 2013 | Nantes, France | $196.77M | – | Open-source product information management solutions are provided for businesses. | |
| salsify.com | 2012 | Boston, United States | $452.6M | 499 | Product content is managed and syndicated via a cloud-based platform. | |
| ainnovation.com | 2018 | Haidian, China | $131.55M | – | AI software is developed for retail, manufacturing, and insurance sectors. | |
| printful.com | 2013 | Charlotte, United States | $130M | 749 | On-demand custom printing and fulfillment services are provided for e-commerce. | |
| inriver.com | 2007 | Malmo, Sweden | $57.44M | – | Cloud-based PIM tools are provided for online product management. | |
| sampler.io | 2013 | Toronto, Canada | $7.11M | – | Provider of SaaS-based retail sampling solutions | |
| tradedepot.co | 2015 | Lagos, Nigeria | $123M | – | Software solutions are provided for B2B stock redistribution management. |
Detailed competitors of Master PIM
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Master PIM
10 companies that operate in the same segment as Master PIM (Programming & Software Development Tools), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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Crowdsourced testing platforms are offered for software quality assurance. | 1966 | Framingham, Massachusetts, United States | USD 115.9 M | – | – | |
A platform for the AI community to collaborate and build. | 2016 | Paris, France | USD 399.91 M | – | – | |
Cloud-based whiteboarding software is provided for team collaboration and communication. | 2011 | San Francisco, California, United States | USD 501.3 M | – | – | |
Security testing software is provided for code vulnerability detection. | 2006 | Atlanta, Georgia, United States | USD 98.5 M | USD 3.35 M | 38 | |
Honeycomb is recognized for providing observability solutions for distributed services. | 2016 | San Francisco, California, United States | USD 144.9 M | – | – | |
Cloud based suite of software testing solutions | 2011 | Mumbai, Maharashtra, India | USD 253.3 M | USD 75.19 M | 926 | |
Cloud-based cross-browser testing services are provided for web applications. | 2017 | San Francisco, California, United States | USD 108.4 M | USD 693.97 K | 48 |
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Frequently Asked Questions about Master PIM
Master PIM was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Master PIM is headquartered in Weimar, Germany. It is registered at Weimar, Thuringen, Germany.
Sven Lachhein is the current CEO of Master PIM. They have also founded this company.
Master PIM is a funded company, having raised a total of $1.16M across 1 funding round to date. The company's 1st funding round was a Seed of $1.16M, raised on Sep 2018.
Master PIM provides a cloud-based pim tool for e-tailers, focusing on leveraging cutting-edge technology, software, product information management, and cloud tools. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Master PIM's top competitors include BILT, Twiga Foods and Akeneo.
Master PIM has 2 investors. Key investors include bm|t, and Brandenburg Ventures.
Master PIM operates through Master Pim Gmbh.