Westphalia DataLab

Munster, Germany Founded: 2017 • Age: 9 yrs Acquired By Thyssenkrupp
Multi-industry data analysis services are offered by Westphalia DataLab.

About Westphalia DataLab

Westphalia DataLab is a Technology company based in Munster (Germany) founded in 2017 by Reiner Kurzhals and Cornelius Brosche, and was acquired by Thyssenkrupp in December 2022. Multi-industry data analysis services are offered by Westphalia DataLab. The company has 56 employees. Westphalia DataLab offers products and services including Demand Forecasting, Raw Material Forecasting, and WAVES Sustainability Management Platform. Its focus areas include Enterprise Applications, Vertical Business Intelligence, Industry Agnostic and Sales and Marketing. Its legal entity is Westphalia DataLab GmbH.

Company details

Westphalia DataLab was founded in 2017 in Munster, Germany, where multi-industry data analysis solutions are provided as a service. Operations focus on sectors such as banking, logistics, and retail. Key offerings include Forecasting for sales predictions, Lead Scoring for sales management, and Sales Cockpit for monitoring and controlling sales activities. These tools support data-driven decision-making across various applications.

  • Headquarters Munster, Germany
  • Employees 56
  • Founders Reiner Kurzhals, Cornelius Brosche
  • Stage Acquired
  • Sectors
    Technology
  • Email
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  • Website westphalia-datalab.com
  • Social LinkedIn
  • Acquired by Thyssenkrupp (Dec 2022)
  • Legal Name Westphalia Datalab Gmbh
Key Metrics

Products & Services of Westphalia DataLab

Westphalia DataLab offers a comprehensive portfolio of products and services, including Demand Forecasting, Raw Material Forecasting, and WAVES Sustainability Management Platform.

Demand Forecasting
AI Forecasting Tool

AI system for predicting sales and optimizing inventory management.

Raw Material Forecasting
AI Analytics Tool

Tool to predict raw material prices and avoid supply chain shortages.

WAVES Sustainability Management Platform
Sustainability Platform

Platform for calculating and managing CO2 emissions in supply chains.

Investors in Westphalia DataLab

Westphalia DataLab has secured backing from 1 investor. Prominent investors backing the company include Thyssenkrupp.

All
InvestorDescriptionFounded YearDomainLocation
Traditional conglomerate services across multiple sectors are provided globally.
1811thyssenkrupp.comEssen, Germany
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People of Westphalia DataLab

4 people are tracked at Westphalia DataLab (3 in leadership, 1 in team); the tracked headcount is 56.

NameRoleGroup
Reiner Kurzhals
FounderLeadership
Cornelius Brosche
Founder & Managing DirectorLeadership
Andreas Höppener
Chief Technology OfficerLeadership
Christian Schumacher
Senior Data ScientistTeam
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Timeline of Westphalia DataLab

2 dated milestones of Westphalia DataLab across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Westphalia DataLab is founded.
  2. Exit Acquired by Thyssenkrupp.
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Related news about Westphalia Datalab

Thyssenkrupp acquires Westphalia
Usinenouvelle β€’ 3 years ago
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Frequently Asked Questions about Westphalia DataLab

Westphalia DataLab was founded in 2017.

Westphalia DataLab is headquartered in Munster, Germany. It is registered at Munster, North Rhine-westphalia, Germany.

Westphalia DataLab has 56 employees.

Westphalia DataLab was founded in 2017 in Munster, Germany, where multi-industry data analysis solutions are provided as a service. Operations focus on sectors such as banking, logistics, and retail. Key offerings include Forecasting for sales predictions, Lead Scoring for sales management, and Sales Cockpit for monitoring and controlling sales activities. These tools support data-driven decision-making across various applications.

Westphalia DataLab offers Demand Forecasting, Raw Material Forecasting, and WAVES Sustainability Management Platform.

Westphalia DataLab has 1 investor. Key investors include Thyssenkrupp.

Westphalia DataLab operates through Westphalia Datalab Gmbh.

Yes. Westphalia DataLab was acquired by Thyssenkrupp in December 2022.

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