Paua Ventures et al. invest in Termine24

Business angels Martin Sinner – the founder of Berlin-based price comparison site idealo – and Jens Neiser of Neiser Capital also committed to the round.

Paua, Otto and Senovo invested between €1-5m in Termine24 in July this year.

Company
Founded in June 2012 in Munich, Termine24 evolved from a pure business appointment booking platform to a web-based communications and productivity software service for local small businesses, such as car mechanics and dentists.

It offers online appointment management and online marketing services for small businesses. Termine24 claims it signs up 500 new local service providers per month in almost 200 towns in the German-speaking region. So far this year, Termine24 has arranged 260,000 appointments.

Termine24 is available via the internet, smartphone and tablet and has 90 employees.

People
Alexander Henn, Philip Magoulas and Rudolph Schmidt are co-founders of Termine24. Christian Buchenau is CEO of Paua and led the Termine24 deal.

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