# Codecheck

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/codecheck

- Industry: Internet
- Headquarters: Berlin, Germany
- Website: www.codecheck-app.com
- Total disclosed funding: $1.3M
- Latest round: Series A (Dec 12, 2016)
- Investors on record: 4

## About

Codecheck AG, based in Berlin, Germany, is a mobile application company that empowers consumers to make informed shopping decisions by providing detailed insights into product ingredients and their potential health impacts.Founded in 2014 by Roman Bleichenbacher, Codecheck AG operates a mobile application that allows consumers to scan product barcodes to obtain nutritional information and detect harmful additives. The company has shifted focus to enhance consumer transparency and education regarding product sourcing. Codecheck AG is headquartered in Berlin, Germany, and has completed five funding deals. Its most recent funding round was a Series A, raising USD 1.30 mn on May 2, 2022, from investors including MGO Digital Ventures, Polytech Ventures, Schwyzer Kantonalbank, and b2venture. The total amount raised by the company stands at USD 1.30 mn.CodeCheck's core offering is a mobile application that helps consumers make informed shopping choices by providing detailed information on product ingredients. Its barcode scanning feature enables users to identify harmful additives such as microplastics while shopping. The app primarily targets health-conscious consumers, educators, and families, facilitating real-time awareness of the nutritional and environmental implications of their purchases. CodeCheck is available in various markets, including Europe and North America, catering to both individual consumers and educational institutions.CodeCheck generates revenue through a freemium subscription model, allowing users to access basic app features for free while offering a premium version with enhanced functionalities. This model is further supported by partnerships with retailers and brands that utilize CodeCheck's database to promote their products. Premium subscribers benefit from advanced analytics and personalized shopping recommendations, with a pricing structure designed to attract diverse consumer segments and enhance user retention.Following its acquisition by Producto GmbH in May 2022, Codecheck AG aims to launch new features within its application that enhance user experience and engagement. The company plans to expand its reach into additional markets across Europe and North America by the end of 2023. Recent funding will be directed towards developing these new functionalities and marketing efforts to support the expansion strategy.

## Funding rounds

- Series A, Dec 12, 2016, $1.3M — b2venture, Schwyzer Kantonalbank, MGO Digital Ventures, Polytech Ventures

## Investors

- b2venture (https://capitalatlas.ai/funds/b2venture) — Series A
- Schwyzer Kantonalbank — Series A
- MGO Digital Ventures (https://capitalatlas.ai/funds/mgo-digital-ventures) — Series A
- Polytech Ventures (https://capitalatlas.ai/funds/polytech-ventures) — Series A