Axel Springer Plug&Play Accelerator GmbH

www.axelspringerplugandplay.com

Foreign Corporate Accelerator

TECH VERTICALS

Data Analytics, Digital Media, e-Commerce, eLearning, Entertainment, Home Networking, Image & Audio, Mobile Applications, Online Advertising, Online Entertainment, Social Networks

General Data

Established	2013
Current Active Portfolio Companies:	3

DESCRIPTION

The Axel Springer Plug and Play Accelerator is a Berlin-based accelerator looking for trail-blazing digital entrepreneurs. Three times a year, the accelerator runs a three month-long program in which it provides startups with office space in the heart of Berlin, coaching, workshops, networking, 25.000 euros, events and more with the accelerator taking a 5% stake. The program ends with the Demo Day, where startups will have the opportunity to pitch in front of an elite audience of local and international venture capital firms for additional seed and Series A funding. Plus, startups have the chance to meet Silicon Valley investors as well as go to Silicon Valley.

AFFILIATION

Account ID	Affiliation Type	Name	Parent Name	Status
		Axel Springer SE
E9F443F9-CAAD-E311-B941-80C16E7D3630	Accelerator	Axel Springer Plug&Play Accelerator GmbH	Axel Springer SE
23C5753D-B3A7-E411-B676-80C16E7D3630	Investment Arm	Axel Springer Digital Ventures (ASDV)	Axel Springer SE
	Subsidiary	Bild Magazine	Axel Springer SE

CONTACT INFO

Expand / Collapse All

Main Address: Berlin, Germany

Address	Markgrafenstrasse 14
City	Berlin
Country	Germany
Zip	10969

Contact Person	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title
Mr. Joerg Rheinboldt	CEO & Co-Founder
Mr. Uli Schmitz	Founding Director
Ms. Luise Gruner	Manager, Portfolio & Finance & Co-Founder
Ms. Charlotte Bilzer	Junior Associate
Mr. Elad Yakobowicz	Head of the Program (Israel)
Mr. Robin Ardeshir	Silicon Valley Director & Co-Founder
Mr. Saeed Amidi	Co-Founder
Mr. Robin Eric Haak	Co-Founder

Preferences

Maximum investments	$0.04m
Type of Financing	Equity,Non-Equity Assistance
Stage Preferences	R&D,Seed

SECTOR SEGMENTATION (By Number Of Companies)

Enterprise Software & Infrastructure

67%

Consumer-Oriented Software

33%

	PORTFOLIO COMPANIES

Current Portfolio Companies (3)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

Broadsay

CO SW

Seed

01/08/2014

$0.03m

The accelerator holds 5% of the company.

Seecares

Ent. SW

Seed - Extended	01/04/2020	N/A	N/A
Seed	01/04/2019	$0.055m	$0.055m

Vicomi

Ent. SW

Seed

01/08/2014

$0.03m

Exits (1)

Company Name		Exit Type	Date Announced	Amount	Remarks
abC Defghij		Merged	17/01/2018	abCDe	Due to lack of revenues, Emeral Medical Ltd. commenced an action in Israel to liquidate Emerald IL. Emerald Medical Inc. established Virtual Crypto Technologies Ltd. and changed its name to Virtual Crypto Technologies Inc.

Historic Portfolio (4)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

Adincon

Ceased to Operate

Ent. SW

Seed

01/03/2014

$0.03m

$0.22m

Get Job

Ceased to Operate

CO SW

Seed

01/08/2014

$0.03m

N/A

Rentse

Ceased to Operate

$Rentse is a short-term rental platform for businesses and individuals to list, discover and book flexible working places (Workplace-as-a-service) and meet, mingle, and network with innovative companies, professionals, freelancers and entrepreneurs, that share the same desire for co-working. Rentse provides its users with the much needed tailor made alternative to working alone from hotels or from coffee shops during their business trips. Rentse enables its users with the opportunity to shift from “home alone” mode to co-working mode and to take their business to the next level for a fraction of the cost of traditional office space. A spare room or table in a home office, under-used office space, meeting room, an open space work station, hot-desk - all can be share and rent.$

CO SW

Seed

15/08/2015

$0.03m

ShopEat

Ceased to Operate

CO SW

Seed

01/08/2014

$0.03m

Last Updated:	abCDe
IVC Number:	abCDe