Digital+ Partners invests $15m in Starmind
Munich- and Frankfurt-based technology investor Digital+ Partners has invested $15m in a funding round for corporate collaboration software company Starmind.
Digital+ Partners is investing from its Digital Growth Fund I, a venture capital fund that is targeting €300m and held a first close on €131.5m in February 2017 with backing from the Deutsche Börse Group.
The fresh capital will be used to accelerate software development and drive international expansion.
Company
Starmind was founded in 2010 and is headquartered in Zurich. It develops enterprise software that allows users to quickly locate experts on a given topic and ask them questions directly. The software uses a self-learning algorithm to speed up the matching process. The company employs 50 people.
People
Digital+ Partners – Patrick Beitel (partner).
Starmind – Pascal Kaufmann (founder).
Advisers
Company – Event Horizon Capital & Advisory (corporate finance).
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