# MagaLoop

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

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.magaloop.com
- Total disclosed funding: $17M
- Latest round: Seed (Mar 25, 2022)
- Investors on record: 9

## About

MagaLoop GmbH specializes in innovative technology solutions aimed at enhancing operational efficiency across diverse sectors, focusing on supply chain management, customer relationship management, and data analytics for medium to large enterprises.Founded in 2018 and headquartered in Berlin, Germany, MagaLoop GmbH focuses on providing technology solutions that improve operational efficiency. The company has engaged in 4 total deals, with the most recent funding round being Seed, where they raised EUR 9.000 mn on March 25, 2022, led by Convivialité Ventures. The founding team includes Luca Ongaro, Michael Högemann, Oliver Ruschpler, and Uwe Hoelzer.MagaLoop GmbH delivers a suite of software tools designed to tackle specific challenges in supply chain management, customer relationship management, and data analytics. Their solutions empower medium to large enterprises, particularly in manufacturing, retail, and logistics, mainly across North America and Europe, by streamlining processes and improving data visibility.The company's revenue is primarily generated through a subscription model, where clients pay annual fees based on their selected service tier. This structured pricing allows for scalability based on user numbers and data volume, with flagship products contributing significantly to overall revenue, fostering long-term partnerships.In March 2022, MagaLoop GmbH raised EUR 9 million in Seed funding to expand its network of independent wholesalers and retailers and drive further platform expansions. The funding values the company at USD 67.55 mn post-money, with plans to enhance its product offerings and enter new markets as part of its growth strategy.

## Funding rounds

- Seed, Mar 25, 2022, $9.9M — Redalpine, Foodlabs, Market One Capital, Convivialite Ventures, Fuse Venture Partners, Bitburger Ventures, HESTA
- Seed, Feb 4, 2021, $7.1M — Piton Capital, Redalpine, Foodlabs, Market One Capital, Bitburger Ventures
- Seed, Jun 11, 2020 — Piton Capital, Redalpine, FJ Labs, Foodlabs, Market One Capital

## Investors

- Piton Capital (https://capitalatlas.ai/funds/piton-capital) — Seed
- Redalpine (https://capitalatlas.ai/funds/redalpine) — Seed
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- Foodlabs (https://capitalatlas.ai/funds/foodlabs) — Seed
- Market One Capital (https://capitalatlas.ai/funds/market-one-capital) — Seed
- Bitburger Ventures (https://capitalatlas.ai/funds/bitburger-ventures) — Seed
- Convivialite Ventures (https://capitalatlas.ai/funds/convivialite-ventures) — Seed
- Fuse Venture Partners (https://capitalatlas.ai/funds/fuse-venture-partners) — Seed
- HESTA — Seed