DGAP-News

German Startups Group confirms profit in the first half of 2016, invests again substantially in Auctionata, and achieves outperformance with its FinTech and secondary growth stage shareholdings - Seite 3

dollars in 2003. Andreas von Blottnitz also has long lasting experience as
a venture capital investor and has had board and consulting roles at
various, mainly American tech startups, which were acquired by companies
such as Hewlett Packard, Best Buy, and Red Hat. Only last year he
accompanied the US property management software Appfolio with their
successful initial public offering on the NASDAQ as Chairman of the Board
of Directors.

German Startups Group invests in the online comparison portal
Gewerbeversicherung24. As a digital commercial insurance broker, the
FinTech/InsurTech company focuses directly on business clients, but at the
same time also on insurance brokers, whose clients want to cover commercial
risks as well. Business clients (therefore also startup founders) can
compare and buy products such as liability or contents insurance on the
website www.gewerbeversicherung24.de. The insurers gain a new sales
channel, brokers can sell commercial insurances more easily, and end
customers can directly and transparently compare products online.

German Startups Group is the third most active early stage investor in
Europe in Q2 2016. This was reported in a data collection of the M&A,
private equity, and venture capital platform Pitch Book in the European
Venture Industry Report.

Fiagon, a shareholding that is of particular significance to German
Startups Group, has been named "Innovator of the Year" for a second time at
the innovation competition TOP 100. The MedTech company for HNO navigation
was given first place by a jury in the size category of companies with up
to 50 employees.

The FinTech company Scalable Capital, also a shareholding that is of
particular significance to the company, was awarded a "very good" score by
the financial magazine "Euro am Sonntag" in a test of online investment
platforms and was named the test winner by the digital consumer magazine
Vergleich.org in a comparison between the seven best online asset managers.


Press contact
German Startups Group
Theo Bonick
Tel: [phone]
Mail: [e-mail]


German Startups Group - We love startups!

German Startups Group is a listed investment company based in Berlin that
focuses on young, fast-growing companies, so-called startups. The company
acquires majority and minority shareholdings mainly by providing venture
capital. The portfolio companies that German Startups Group holds also
stand to benefit from German Startups Group's expertise, experience and
network with respect to strategy development, financing rounds,