# Implify

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

- Industry: Internet
- Headquarters: Frankfurt, Germany
- Website: www.implify.de
- Latest round: Seed (Oct 14, 2021)
- Investors on record: 1

## About

Implify GmbH is a German company specializing in advanced automated inventory management solutions, utilizing RFID technology to optimize warehousing processes in sectors such as healthcare and logistics.Founded in 2020 in Frankfurt, Germany, Implify GmbH focuses on providing automated inventory management solutions. The founding team includes Florian Schnorr, Marc-Philipp Kern, and Steffen Weinlich, with Florian Schnorr currently serving as CEO. In October 2021, the company raised an undisclosed amount of Seed funding to enhance its technological capabilities. Implify has completed 1 total deal as of the most recent update.Implify specializes in automated inventory management solutions leveraging advanced RFID technology to streamline warehousing processes across various sectors, including dental, healthcare, logistics, and pharmaceuticals. Their core offering, Implify Connect, provides real-time tracking of inventory movements, automated stock control, and alerts for reordering supplies when thresholds are met. This system is designed to enhance operational efficiency by reducing administrative burdens and minimizing product wastage through rigorous documentation and tracking. The end users of Implify's solutions include healthcare institutions, dental practices, and warehouses, which benefit from improved patient safety, reduced bureaucratic overhead, and efficient inventory management. The company's products are marketed and deployed across the DACH region (Germany, Austria, and Switzerland) and have applicability in broader European and global markets.Implify’s revenue model is primarily built around business-to-business transactions, where clients purchase the automated inventory management solutions under subscription or licensing agreements. Clients may engage with Implify through direct sales, where healthcare providers and logistical operators integrate the company's RFID systems into their existing processes. The company operates with varying pricing structures based on the scale of deployment and the specific features selected by the client. The flagship product, Implify Connect, forms the foundation of these transactions, providing essential functionalities that enhance inventory handling and tracking capabilities. Revenue is generated through initial installations of the technology, ongoing support services, and potentially through partnerships with various stakeholders in the healthcare and logistics sectors.Implify GmbH plans to leverage the recent Seed funding raised in October 2021 to accelerate the technological development of its platform, focusing specifically on digitization initiatives aimed at advancing the dental industry. The company is exploring new markets for expansion, particularly within Europe, with specific strategies being developed for broader deployment in the DACH region and beyond.

## Funding rounds

- Seed, Oct 14, 2021 — BMH

## Investors

- BMH (https://capitalatlas.ai/funds/bmh) — Seed