Munich-based Termine24 (German for “Appointments24”) is a web-based business solution for service providers and has announced another funding round. For the second time, the funding round is led by Paua Investor. Several former investors also joined.
Termine24 makes it easier for service providers to let their clients book appointments online. It describes itself as a communication and productivity tool. It offers two different price models: One for €49.99 and one for €99.99.
Besides Paua Investor, other former investors such as Otto Capital and Senovo and business angels such as Martin Sinner, Founder of idealo, and Dr. Jens Neiser from Neiser Capital joined the seven digit investment.
Numbers for 2014
Until July 2014 over 7,200 services and stores use Termine24, the company states. It adds that 200 new service providers from Germany, Austria and Switzerland join the platform every month. 260,000 of the 920,000 bookings went through the system in 2014.
That amount of traffic keeps the company busy: The company founded by Alexander Henn and Philip Magoulas has grown to 90 people in just two years.
What comes next
Henn states that the investment will be used to grow internationally. The company stated to VentureVillage that it will look into English speaking countries next, but didn’t specify which ones.