About Start2
Start2 is a Financial Services company based in Munchen (Germany) founded in 2008. It operates as a startup studio and accelerator services are offered to emerging businesses. Its chief executive is Annika Pierson. Its website start2.group draws about 11 thousand monthly visits. Its Indian entity Start2 Group India Private Limited reported revenue of ₹35.2 Lakh. Its focus areas include Investment Industry, Accelerators & Incubators and Sector Agnostic.
Company details
Start2 was established in 2008 in Munich, Germany, as a startup studio and accelerator firm. Operations focus on supporting early-stage ventures through services including funding management, market discovery, and business model development. Accelerator programs are provided to facilitate business growth. The firm is led by a team of directors and partners handling program direction, marketing, and product oversight.
- Headquarters Munchen, Germany
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website start2.group
- Social LinkedIn X
- Legal Name Start2 Group India Private Limited
- Date of Incorporation 22 Nov, 2023
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹35.2 Lakh
FY 2024
- Net Profit₹12.5 Lakh
FY 2024 · 36% margin
- EBITDA₹16.8 Lakh
FY 2024 · 48% margin
- Latest Funding Round$872.03K (USD), Grant
Jan 2021
- Investors
Associated legal entities of Start2
Start2 operates through Start2 Group India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Start2 Group India Private Limited CIN U70200KA2023FTC181284 | Active | 22 Nov 2023 | Bangalore, Karnataka | ₹0.4 Cr | – | 3 | View details |
Funding Insights of Start2
- Total Rounds 3
- Last Round Grant — $872,026
- First Round $22,184
(Mar 2019)
- Investors Count 1
All 3 funding rounds of Start2 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 |
|---|---|---|---|---|---|
| Jan 2021 | $872,026 | Grant | – | – | |
| Sep 2020 | $476,913 | Grant | – | – | |
| Mar 2019 | $22,184 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Start2
Start2 has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Start2
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.
Board of directors of Start2 Group India Private Limited (Start2)
Start2 Group India Private Limited is the primary company behind Start2. The board of Start2 Group India Private Limited currently have 3 directors; the longest-serving is Fu Meibao, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Fu Meibao DIN 10401178 | Director | 22 Nov 2023 | 2 yrs 11 mo | Start2 Group India Private Limited |
| Claus Herbert Karthe DIN 10401179 | Director | 22 Nov 2023 | 2 yrs 11 mo | Start2 Group India Private Limited |
| Shivi Jain DIN 09036467 | Director | 22 Nov 2023 | 2 yrs 11 mo | Start2 Group India Private Limited |
People of Start2
10 people are tracked at Start2 (10 in leadership).
| Name | Role | Group |
|---|---|---|
Rotem Inbar | Program Director | Leadership |
Andreas Just | Director Marketing | Leadership |
Till Ammelburg | Program Director | Leadership |
Marie Klemme-Lacus | Director of Marketing | Leadership |
Marius Rosenberg | CPO | Leadership |
Annika Pierson | Co-CEO | Leadership |
Marc Filerman | Managing Partner | Leadership |
Corey Wright | Director | Leadership |
Matthias Notz | Co-CEO | Leadership |
Linda Nguyen Schindler | Director | Leadership |
Complete people profiles for Start2
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.
Financials of Start2
Figures of Start2 Group India Private Limited, the primary company behind Start2, for FY 2024. Revenue was ₹35.2 Lakh. Net profit was ₹12.5 Lakh (36% margin). EBITDA was ₹16.8 Lakh (48% margin).
- ₹35.2 LakhRevenue · FY 2024
- ₹12.5 LakhNet profit · 36% margin
- ₹16.8 LakhEBITDA · 48% margin
- ₹30 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Start2 Group India Private Limited are on its company page.
Detailed financial statements for Start2
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Start2
3 dated milestones of Start2 across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Start2 is founded.
- Funding First funding round of $22K.
- Funding Latest funding round, Grant, of $872K.
Web traffic of Start2
The website of Start2 (start2.group) receives about 11K visits a month.
- Monthly visits11K
▲ 67% vs previous month
Websites whose visitors overlap most with Start2. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
futuresax.de | futuresax.de | 100% | – | #2,450,764 | – |
| munich-startup.de | 86% | – | #615,355 | View details | |
| liftoff.io | 32% | 256.8M | #243 | View details |
Top companies in Accelerators & Incubation Programs
10 companies that operate in the same segment as Start2 (Accelerators & Incubation Programs), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
TotalEnergies is engaged in producing and marketing multi-energy solutions. | 1924 | Paris, France | – | USD 189.84 B | 102,890 | |
Venture capital fund and startup incubator for healthcare and agricultural companies | 1993 | Misgav, Northern District, Israel | – | USD 1.99 M | 23 | |
Managed co-working spaces for AI and life sciences are provided. | 2012 | Brooklyn, New York, United States | USD 19.61 M | – | – | |
Startups and businesses are accelerated sector-agnostically at IIT Guwahati. | 1994 | Guwahati, Assam, India | – | USD 2.35 M | 1 | |
Venture capital firm that partners with entrepreneurs for product-first companies. | 2006 | Menlo Park, California, United States | – | USD 44.55 K | – | |
Diversified solution for cryptocurrency | 2017 | Ho Chi Minh City, Vietnam | – | – | – | |
Venture platform bridging entrepreneurs with investors catalyzing innovation into solutions | 2014 | Hong Kong, China | – | – | – | |
Startups in Fintech and InsurTech sectors are accelerated and incubated. | 2003 | Milano, Italy | – | – | – | |
Early-stage venture capital and startup acceleration are provided. | 2011 | Vienna, Austria | – | – | – | |
Global investments in internet and technology startups are facilitated. | 2006 | Berlin, Berlin, Germany | – | – | 30 |
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Frequently Asked Questions about Start2
Start2 was founded in 2008 and raised its 1st funding round 11 years after it was founded.
Start2 is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Annika Pierson is the current CEO of Start2.
The primary company behind Start2, Start2 Group India Private Limited, reported revenue of ₹35.2 Lakh for FY 2024.
Start2 was established in 2008 in Munich, Germany, as a startup studio and accelerator firm. Operations focus on supporting early-stage ventures through services including funding management, market discovery, and business model development. Accelerator programs are provided to facilitate business growth. The firm is led by a team of directors and partners handling program direction, marketing, and product oversight.
Start2 has 1 investor. Key investors include European Union.
Start2 operates through Start2 Group India Private Limited.
The legal entities of Start2 currently have 3 directors, including Fu Meibao, Claus Herbert Karthe, Shivi Jain.