About Prestatech
Prestatech is a company based in Berlin (Germany) founded in 2016 by Massimiliano Mastalia, Lorenzo Giusti, and Luca Terragni.. Prestatech has raised $4.36 million across 1 funding round from investors including CDP Venture Capital. Prestatech offers products and services including Intelligent Document Automation, Cash Flow Analysis, and Embedded Finance. Prestatech operates in a competitive market with competitors including Bloom Credit, Noble, Array, Okredo and Trebol, among others.
- Headquarter Berlin, Germany
- Founders Massimiliano Mastalia, Lorenzo Giusti, Luca Terragni
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Prestatech Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.36 M (USD)
in 1 rounds
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Latest Funding Round
$4.36 M (USD), Seed
Apr 12, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of Prestatech
Prestatech offers a comprehensive portfolio of products and services, including Intelligent Document Automation, Cash Flow Analysis, and Embedded Finance. 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.
Automates capture and analysis of financial documents for credit assessment.
Offers AI-powered lending solutions for banks and SMEs.
Integrates digital financial products into platforms seamlessly.
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Funding Insights of Prestatech
Prestatech has successfully raised a total of $4.36M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.36 million completed in April 2023. 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 1
- Last Round Seed — $4.4M
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First Round
First Round
(12 Apr 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2023 | Amount | Seed - Prestatech | Valuation | CDP Venture Capital |
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| 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 |
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Investors in Prestatech
Prestatech has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include CDP Venture Capital. 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 and fund of funds focused on 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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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 Prestatech
| 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 - Prestatech
| 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 |
Prestatech Comparisons
Competitors of Prestatech
Prestatech 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 Bloom Credit, Noble, Array, Okredo and Trebol, 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 |
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| domain | founded_year | HQ Location |
Tools for credit repair and score management are provided.
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| domain | founded_year | HQ Location |
Credit data from multiple sources is aggregated via API-based solutions.
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| domain | founded_year | HQ Location |
Credit data integration platform and management tools are provided.
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| domain | founded_year | HQ Location |
Developer of an open banking API for businesses
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Open banking API for credit data aggregation automation.
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| domain | founded_year | HQ Location |
Provides comprehensive APIs for an open banking platform to facilitate financial services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Prestatech
Frequently Asked Questions about Prestatech
When was Prestatech founded?
Prestatech was founded in 2016 and raised its 1st funding round 7 years after it was founded.
Where is Prestatech located?
Prestatech is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Prestatech a funded company?
Prestatech is a funded company, having raised a total of $4.36M across 1 funding round to date. The company's 1st funding round was a Seed of $4.36M, raised on Apr 12, 2023.
What does Prestatech do?
Prestatech was founded in 2016 in Berlin, Germany, within the fintech sector. A banking software suite is developed to support open banking through APIs that analyze proprietary data lakes, refine customer information, and convert bank statements into structured datasets. Fraud risks and data manipulation are addressed, while lending options for businesses and individuals are enabled for financial institutions. Operations focus on data parsing and security enhancements.
Who are the top competitors of Prestatech?
Prestatech's top competitors include Bloom Credit, Array and Noble.
What products or services does Prestatech offer?
Prestatech offers Intelligent Document Automation, Cash Flow Analysis, and Embedded Finance.
Who are Prestatech's investors?
Prestatech has 1 investor. Key investors include CDP Venture Capital.
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