# Kadmos Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kadmos-technologies

- Industry: Financial Services
- Headquarters: Berlin, Germany
- Website: www.kadmos.io
- Total disclosed funding: $40M
- Latest round: Series A (Jul 1, 2022)
- Investors on record: 5

## About

Based in Berlin, Germany, and founded in 2020 by Justus Schmueser, and Sasha Makarovych, Kadmos GmbH operates as a fintech company that offers salary management tools, which primarily help employers and migrant workers in terms of payment of international salaries, managing bank details, viewing payment statuses, and automating data transfers. In January 2022, Kadmos GmbH raised EUR 8.3 million in seed funding led by Addition, with participation from Discovery Ventures. Returning investor Atlantic Labs, along with individual investors also participated in the round.

Kadmos provides a digital platform that allows companies to make secure, and low-cost international salary transfers, along with offering a digital wallet to the migrant workers and a connected debit card to send or spend money. The platform offers multiple features, such as seamless management of bank details, automated data transfers, and view payment status.

The company plans to use its proceeds from January 2022 funding to accelerate product development, further expand the team, and facilitate its entry into further industries.

## Funding rounds

- Series A, Jul 1, 2022, $30M — Atlantic Labs, Blossom, Addition, Rapyd Ventures, Discovery Ventures
- Series A, Mar 24, 2022, $9.1M — Atlantic Labs, Blossom, Addition, Rapyd Ventures, Discovery Ventures
- Seed, Nov 20, 2020, $0.9M — Atlantic Labs

## Investors

- Atlantic Labs (https://capitalatlas.ai/funds/atlantic-labs) — Seed, Series A
- Blossom (https://capitalatlas.ai/funds/blossom) — Series A
- Addition (https://capitalatlas.ai/funds/addition) — Series A
- Rapyd Ventures (https://capitalatlas.ai/funds/rapyd-ventures) — Series A
- Discovery Ventures — Series A