# Xempus

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

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.xempus.com
- Total disclosed funding: $97M
- Latest round: Series D (Mar 7, 2022)
- Investors on record: 4

## About

Xempus AG provides a digital platform that optimizes the management and consultation of employee benefits, including pension schemes, health insurance, and disability insurance, for businesses and intermediaries in the German-speaking market.Founded in 2007 and headquartered in Munich, Germany, Xempus AG operates a digital platform for employee benefits management. The company raised USD 70.00 mn in a Series D funding round on March 7, 2022, led by Goldman Sachs Merchant Banking Division, with participation from Cinco Capital and HPE Growth. Martin Bockelmann is the founder, and Malte Dummel serves as the CEO.Xempus offers a comprehensive digital platform designed for the management and consultation of employee benefits, specifically focusing on three core products: occupational pension schemes (bAV), occupational health insurance (bKV), and occupational disability insurance (bAKS). The platform facilitates a transparent and efficient advisory process, allowing employers, employees, intermediaries, and insurance providers to engage seamlessly with these benefits. By utilizing digital tools, Xempus addresses the need for modernized pension advisory services, particularly appealing to younger generations who prioritize transparency and ease of access. The company’s client base includes businesses of various sizes across multiple sectors, as well as over 62,000 insurance intermediaries, indicating a robust presence in the German-speaking markets, with potential expansion into other European regions.Xempus generates revenue primarily through subscription-based services that enable intermediaries and employers to access its platform for managing and advising on employee benefits. For the year 2022, Xempus reported a revenue of USD 12.97 mn and an EBITDA of USD -15.23 mn. The transaction structure typically involves B2B partnerships where businesses pay a recurring fee for the use of the platform, which includes features for consulting, managing, and providing information related to bAV, bKV, and bAKS.In March 2022, Xempus AG raised USD 70.00 mn in Series D funding led by new investor Goldman Sachs Asset Management, with participation from returning investors HPE Growth and Cinco Capital. The company plans to utilize this funding to expand its market presence in Germany, develop new product offerings, and extend its platform to other European countries.

## Funding rounds

- Series D, Mar 7, 2022, $70M — HPE Growth, Goldman Sachs Asset Management, Cinco Capital
- Series C, Apr 4, 2020, $27M — Armada Investment Group, HPE Growth, Cinco Capital

## Investors

- Armada Investment Group — Series C
- HPE Growth (https://capitalatlas.ai/funds/hpe-growth) — Series C, Series D
- Cinco Capital — Series C, Series D
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series D