# Open as App

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/open-as-app

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.openasapp.net
- Total disclosed funding: $5.8M
- Latest round: Series A (Sep 13, 2019)
- Investors on record: 4

## About

Open as App GmbH provides a no-code platform that enables users to convert spreadsheets into interactive mobile applications, fostering enhanced collaboration and data sharing across diverse sectors and teams.Founded in 2016 in Munich, Germany, Open as App GmbH specializes in transforming existing spreadsheets into functional mobile applications. The founders, Dominik Weber, Kai Bielenberg, and Simon Grötzinger, have a background in technology and entrepreneurship. The company raised EUR 5.2 million in Series A funding on September 13, 2019, led by Ventech, with participation from Acequia Capital, Senovo, and Main Incubator, bringing the total raised to EUR 5.2 million and valuing the company at EUR 14.352 million.Open as App offers a no-code platform designed to empower users to transform existing spreadsheets into interactive mobile applications. Users can upload Excel files or connect to external data sources, creating fully functional apps without programming skills. End users, primarily businesses and teams across various sectors such as finance, construction, and sales, utilize these applications for lead capture, financial calculations, and equipment inspections. The platform is accessible on iOS, Android, and the web, facilitating real-time collaboration and data sharing from a singular source of truth. Open as App serves a diverse clientele, including organizations such as Commerzbank AG and McDonald's Deutschland LLC, across markets in Europe and North America.Open as App generates revenue through a subscription-based model that provides access to its app-building tools and services. The B2B structure allows clients to subscribe to various pricing plans tailored to their needs, including options for enhanced features and customization capabilities. Key offerings, such as the Product Pricing Calculator and Lead Capture App, streamline processes and improve efficiency for client organizations. Revenue is derived from ongoing subscriptions as businesses leverage the platform to enhance digitalization and streamline workflows.Open as App plans to utilize its recent funding of EUR 5.2 million from the Series A round to support the development of new products and expand into new markets. They aim to enhance their platform with additional features that improve user experience and functionality. The company is targeting growth in international markets, particularly in North America, by the end of 2022, capitalizing on the increasing demand for no-code solutions.

## Funding rounds

- Series A, Sep 13, 2019, $5.8M — Ventech, Acequia Capital, Senovo, neosfer

## Investors

- Ventech (https://capitalatlas.ai/funds/ventech) — Series A
- Acequia Capital (https://capitalatlas.ai/funds/acequia-capital) — Series A
- Senovo (https://capitalatlas.ai/funds/senovo) — Series A
- neosfer (https://capitalatlas.ai/funds/neosfer) — Series A