# Familonet

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

- Industry: Internet
- Headquarters: Hamburg, Germany
- Website: www.familo.net
- Latest round: Series A (Feb 26, 2015)
- Investors on record: 6

## About

Familonet is a technology company specializing in a family locator application that enhances communication and safety among family members and friends through real-time location sharing and notifications.Familonet operates a family locator application that enhances safety and communication among users. The firm was co-founded by Hauke Windmuller and Michael Asshauer, with Hauke Windmuller currently serving as the CEO. The company is headquartered in Hamburg, Germany. In February 2015, Familonet successfully raised an undisclosed amount of Series A funding from investors including HR Ventures, Venista Ventures, WestTech Ventures, and Innovationsstarter Fonds Hamburg.Familonet specializes in a family locator application designed to enhance communication and safety among family members and close friends. The app allows users to share their real-time location and receive automatic notifications when group members arrive at or leave predefined locations such as schools or homes. Key functionalities include a chat feature that operates even when location services are disabled, and a panic button that enables users to send alerts with their current location to contacts in case of emergencies. Released for use across multiple geographical markets, Familonet serves a diverse clientele that includes families, roommates, and close-knit communities, facilitating everyday interactions and providing peace of mind regarding the whereabouts of loved ones.Familonet generates revenue through a subscription-based model, which allows users to access premium features of the app. Users typically engage in a direct-to-consumer transaction structure, where they can download the app and subscribe for enhanced functionalities such as continuous location sharing and additional notifications. Various pricing plans are available, catering to individual users or family groups, ensuring flexibility for different user needs. The app's user base consists primarily of families and social groups, who utilize Familonet for its core offerings, increasing customer retention and satisfaction through innovative, user-friendly features.Familonet is focused on expanding its product offerings and market reach. Upcoming plans include the development and launch of new features aimed at enhancing user engagement, with a targeted release in late 2023. Additionally, the company aims to expand into new geographic regions, particularly targeting markets in Europe and North America by 2024. The funding raised in February 2015 from Series A will support these initiatives, facilitating research and development efforts to enhance the app's functionalities and drive user acquisition.

## Funding rounds

- Series A, Feb 26, 2015 — Venista Ventures, Innovationsstarter Fonds Hamburg, HR Ventures, WestTech Ventures
- Seed, Sep 19, 2013 — Venista Ventures, West Tech Ventures, HR Alpha Venture Partners

## Investors

- Venista Ventures (https://capitalatlas.ai/funds/venista-ventures) — Seed, Series A
- West Tech Ventures — Seed
- HR Alpha Venture Partners (https://capitalatlas.ai/funds/hr-alpha-venture-partners) — Seed
- Innovationsstarter Fonds Hamburg (https://capitalatlas.ai/funds/innovationsstarter-fonds-hamburg) — Series A
- HR Ventures (https://capitalatlas.ai/funds/hr-ventures) — Series A
- WestTech Ventures (https://capitalatlas.ai/funds/westtech-ventures) — Series A
