Mountain Partners backs €2m round for Volders

German-government-backed Kreditanstalt für Wiederaufbau (KfW) also took part, along with unnamed family offices.

The fresh funding has been earmarked by the company to improve customer service, and adapt the comparison and extension offers to each client.

Previous funding
In December 2016, Mountain Partners backed a €1.7m funding round for Volders with the intention of doubling its 300,000 users in the following 12 months. By September 2017, it reported 550,000 users.

Company
Founded in 2014 and headquartered in Berlin, Volders has developed a contract management software application for consumers. It is available as a desktop application as well as iOS and Android applications. The aim is to give users transparency about their contract situation and the ability to change or cancel rates easily. The company employs 20 people.

People
Volders – Jan Hendrik Ansink (founder).

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• Topics
• Expansion
• DACH
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• Germany
• Venture
• Mountain Partners AG