# iLARIZ

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

- Industry: Industrial Machinery
- Headquarters: Stuttgart, Germany
- Website: www.ilariz.com/en
- Total disclosed funding: $0.5M
- Latest round: Seed (Jun 10, 2024)
- Investors on record: 2

## About

iLARIZ GmbH, founded in 2021 in Stuttgart, Germany, focuses on providing technology-driven solutions. In August 2024, iLARIZ GmbH raised EUR 500,000 in seed funding from new investors MBG Baden-Wurttemberg and ES Kapital

The company offers a range of innovative products and services designed to address specific challenges faced by their target market. Their core offerings are centered around advanced technological solutions that serve to enhance efficiency and productivity in various applications. These products were launched in 2021 and have since gained traction among a diverse client base that includes businesses in various sectors. The primary end users of these services encompass organizations needing IT and operational support, who benefit from the solutions in streamlining their processes. The company's products are prominently marketed in geographical markets such as Europe, allowing them to cater to a broad audience and adapt to various regional needs. 

The company's revenue model is structured around multiple streams, including B2B sales and subscription services. Transactions typically occur through a direct-to-consumer approach, facilitating a seamless purchasing process for clients.

The company will use the funding to scale the technology, expand its market presence internationally, enter into new partnerships, and expand the customer portfolio. Plans for upcoming new products are in development, aiming for a release in the next year, with specific markets in Europe targeted for expansion within the next 18 months.

## Funding rounds

- Seed, Jun 10, 2024, $0.5M — MBG Baden-Wuerttemberg, ES Kapital

## Investors

- MBG Baden-Wuerttemberg (https://capitalatlas.ai/funds/mbg-baden-wuerttemberg) — Seed
- ES Kapital (https://capitalatlas.ai/funds/es-kapital) — Seed