About Sovendus
Sovendus is a company based in Karlsruhe (Germany) founded in 2008 by Michael Kofluk and Oliver Stoll was acquired by Paragon Partners in April 2021. Sovendus has completed 1 acquisition, including RMD Regional Marketing. Sovendus offers products and services including Sovendus Voucher Network, Sovendus Checkout Benefits, Sovendus Optimize, Sovendus Mail, and Sovendus Leads.
- Headquarter Karlsruhe, Germany
- Founders Michael Kofluk, Oliver Stoll
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Sectors
Retail
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Bregal Unternehmerkapital
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
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Products & Services of Sovendus
Sovendus offers a comprehensive portfolio of products and services, including Sovendus Voucher Network, Sovendus Checkout Benefits, Sovendus Optimize, Sovendus Mail, and Sovendus Leads.
Generates sales through vouchers for online shops and attracts customers.
Offers rewards at checkout to boost sales and customer loyalty.
Improves conversion rates by reducing cart abandonment and optimizing user flow.
Reaches targeted online buyers via newsletters to gain new customers.
Acquires newsletter addresses to expand e-commerce marketing databases.
Funding Insights of Sovendus
Investors in Sovendus
Sovendus has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Bregal Unternehmerkapital and Paragon Partners.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are managed by a family office-backed firm.
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Investments & Acquisitions by Sovendus
Sovendus has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include RMD Regional Marketing.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Advertising services are provided for regional markets in Germany.
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Financial Statements - Sovendus
Sovendus Comparisons
Competitors of Sovendus
Latest news on Sovendus
Frequently Asked Questions about Sovendus
Sovendus was founded in 2008.
Sovendus is headquartered in Karlsruhe, Germany. It is registered at Karlsruhe, Baden-wurttemberg, Germany.
Frank Sambeth is the current CEO of Sovendus.
Sovendus was founded in 2008 and is headquartered in Karlsruhe, Germany. Operations focus on the e-commerce sector, where support services such as couponing, customer retention tools, and marketing solutions are provided to enhance online sales. The company serves clients across Europe through its digital platform, sovendus.com, with leadership directed by co-founders and managing directors including Michael Kofluk, Oliver Stoll, Axel Friedrich, and CEO Frank Sambeth.
Sovendus offers Sovendus Voucher Network, Sovendus Checkout Benefits, Sovendus Optimize, Sovendus Mail, and Sovendus Leads.
Sovendus has made 1 acquisition, including RMD Regional Marketing.
Sovendus has 2 investors. Key investors include Bregal Unternehmerkapital, and Paragon Partners.