# Tomorrow

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

- Industry: Financial Services
- Headquarters: Hamburg, Germany
- Website: www.tomorrow.one
- Total disclosed funding: $5.4M
- Latest round: Series B (Jul 10, 2024)
- Investors on record: 12

## About

Based in Hamburg, Germany, and founded in 2017 by CEO Inas Nureldin, Jakob Berndt, and Michael Schweikart, Tomorrow GmbH, a.k.a. Tomorrow operates as a financial services company that focuses on providing sustainable banking solutions. In November 2024, Tomorrow GmbH raised EUR 4 million in venture funding.

Tomorrow GmbH offers a suite of sustainable banking products designed to meet the banking needs of environmentally conscious customers. The core product offerings include three types of bank accounts: the Now account, which provides a flexible option starting at EUR 0 per month; the Everyday account, available for EUR 8 per month; and the Premium account, priced at EUR 17 per month, which includes enhanced climate protection features. These accounts come with functionalities such as a free Visa debit card, cash withdrawal capabilities worldwide, mobile payment support through platforms like Apple Pay and Google Pay, and tools for budgeting and financial goal tracking. Tomorrow's services are particularly aimed at consumers in Germany, Austria, Italy, and Spain, targeting individuals who prioritize sustainability and wish to manage their finances in a manner that contributes to climate protection and social equity.

Tomorrow GmbH generates revenue primarily through its tiered subscription model, which offers different account features at varying price points. Customers opting for the Everyday account pay a monthly fee of EUR 8, while those choosing the Premium account pay EUR 17 per month for additional services focused on climate impact. In addition to monthly fees, the company benefits from transaction-related services, such as cash withdrawals and international payments, processed through its Visa debit card.

The company plans to use its proceeds from November 2024 funding to develop its software, acquire new clients, broaden its selection of financial products, and expand its market reach. The company also aims to introduce new product offerings aimed at enhancing its customer experience and is planning to enter additional European markets, specifically targeting regions beyond its current operations in Germany, Austria, Italy, and Spain.

## Funding rounds

- Series B, Jul 10, 2024, $5.4M — ETF Partners, Innovationsstarter Fonds Hamburg, Porsche Ventures, Kopa Ventures, Revent, Haltra Group, Abacon Capital, AENU, Endot UG, Auwana GmbH, LAUGHING TUNA GmbH, Untermotorisiert GmbH

## Investors

- ETF Partners (https://capitalatlas.ai/funds/etf-partners) — Series B
- Innovationsstarter Fonds Hamburg (https://capitalatlas.ai/funds/innovationsstarter-fonds-hamburg) — Series B
- Porsche Ventures (https://capitalatlas.ai/funds/porsche-ventures) — Series B
- Kopa Ventures (https://capitalatlas.ai/funds/kopa-ventures) — Series B
- Revent (https://capitalatlas.ai/funds/revent) — Series B
- Haltra Group — Series B
- Abacon Capital (https://capitalatlas.ai/funds/abacon-capital) — Series B
- AENU (https://capitalatlas.ai/funds/aenu) — Series B
- Endot UG — Series B
- Auwana GmbH — Series B
- LAUGHING TUNA GmbH — Series B
- Untermotorisiert GmbH — Series B
