# Vantik

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

- Industry: Financial Services
- Headquarters: Berlin, Germany
- Latest round: Seed (Apr 24, 2018)
- Investors on record: 2

## About

Based in Berlin, Germany, and founded in 2017 by co-founders Til Klein and Lara Haemmerle, Vantik GmbH developed a robo-advisory platform that help individual in building private pension savings through a user-friendly interface. In June 2022, Vantik GmbH filed for bankruptcy.

Vantik offered a debit card called the Vantikcard, which allowed users to receive 1% cashback on every purchase. The cashback earned through the card was automatically invested into a diversified portfolio of exchange-traded funds (ETFs) that helps users accumulate savings for retirement. These investments were selected to include a broad range of sustainable assets to reduce risk and keep costs low. The funds were locked until retirement age, and a safety mechanism was designed to protect the value of the savings when users reached retirement. Users could manage their card activity and monitor their pension savings through a mobile application.

## Funding rounds

- Seed, Apr 24, 2018 — Seedcamp, Atlantic Labs

## Investors

- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Seed
- Atlantic Labs (https://capitalatlas.ai/funds/atlantic-labs) — Seed