Katanox team | Image credit: Katanox
Over the past few years, Amsterdam, the capital city of the Netherlands, has been rising fast in terms of the overall value of its startup ecosystem. The city, known for its artistic heritage and elaborate canal system, is also a tech hub buzzing with innovative startups and young tech companies.
With numerous exciting events, job opportunities, and renowned academies, Amsterdam packs an increasingly big punch as a startup ecosystem.
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A report from DSA (Dutch Startup Association) reveals that around €5.3B was invested in 2021 in Dutch startups, around three times compared to the €1.7B in 2020 and is double of what was invested in 2019.
The number of deals has also increased, from almost 300 reached in 2020 to more than 400 in 2021. This growth trend is likely to continue in 2022 as there appears to be a lot of interest in Dutch startups and scaleups, particularly from foreign investors, says the report.
We have listed a few Amsterdam-based startups that raised capital in the month of May, 2022. The majority of them are hiring talents now. Check out the list below.
Fairnance
Founder/s: Amir Saleem, Adriaan Jacob Brouwer
Fundraised this month: NA
Fairnance is based on the concept of disintermediation in home financing. The Amsterdam company is building an alternative home-financing solution that will serve the Dutch people excluded from homeownership for non-financial reasons. Earlier this month, the startup raised an undisclosed amount in a Seed round from UK-based equity investment platform, Maydan Capital.
Pyramid Analytics
Founder/s: Avi Perez, Herbert Ochtman, Omri Kohl
Fundraised this month: €113.58M
Amsterdam-based Pyramid Analytics is a decision intelligence platform provider that offers insights to make faster, more intelligent decisions.
It provides direct access to any data, enables automated governed self-service for users, and serves any analytics needed in a no-code environment. The platform combines data preparation, business analytics, and data science in a single environment with AI guidance, reducing cost and complexity.
A few weeks back, the Dutch company raised around €113.58M in its Series E round of funding led by H.I.G. Growth Partners.
Currently, the company is hiring for various positions in the UK, US, and Israel. Explore the opportunities here.
Gain.pro
Founder/s: Frister Haveman, Nicola Ebmeyer
Fundraised this month: €9.61M
Gain.pro is a fintech firm that aims to provide investors with accurate and critical insights into private companies and their markets. The company’s SaaS platform uses automation to remove tedious tasks required to collate and analyse data from various sources.
At present, the Amsterdam company serves a wide range of blue-chip customers, including private equity investors such as CVC, Cinven, and Bain Capital, M&A Advisors Lazard, Rothschild, and Perella Weinberg, consultancy firms McKinsey, Bain, and BCG, and law firms.
This month, the company raised €9.61M in a fresh round of funding from a range of investors. The company has vacancies in tech, private equity intelligence, and commercial departments. Check them out here.
AG5
Founder/s: Rick Van Echtelt
Fundraised this month: €1.2M
AG5 has developed a skills management software for medium and large-sized organisations.
The company’s software helps organisations map employees and their skills for efficient scheduling, timely training, and compliance management.
The platform uses several dashboards to present relevant skills deficits and training programme overviews. Currently, AG5’s platform is available in 15 languages and offers technical integration with SAP (as a certified partner), Moodle, and other training management systems such as Cornerstone.
The company is working with various clients, including Jacobs Douwe Egberts, KLM, and Toyota Boshoku.
A couple of weeks back, the company raised €1.2M from Peak, a European venture capital fund based in Amsterdam, Berlin, and Stockholm.
AG5 is now looking for Junior Controller and ‘Administratief & financieel medewerker’. Click here to apply.
Katanox
Founder/s: Georgios Georgiadis, Paul Beukers, Imre Vogelezang, Mendel Senf
Fundraised this month: €5.48M
Amsterdam’s Katanox enables a direct partnership between hotels and travel sellers. The company addresses the $150B corporate travel market by streamlining and improving the distribution of travel accommodations.
With Katanox, travel sellers like Travel Management Companies (TMC) can assemble an end-to-end experience for their corporate clients by giving them data streaming access and availability to directly search, book, pay, and modify their booking at any time.
Earlier this month, the company raised around €5.48M from a group of financial, hospitality, and tech entrepreneur family offices. The company has two openings – Accommodation Partner Representative and Growth Marketer. Click here to apply.
Timberhub
Founder/s: Ion Sergis, Dimitris Pagkratis, Giannis Androutselis and Thomas Androutselis
Fundraised this month: €1.5M
Timberhub is a digital marketplace for timber trading. To introduce efficiency and sustainability to timber trading, the company, through its marketplace, connects manufacturers and sawmills across Europe.
The Amsterdam-based company equips manufacturers with the tools to manage and grow their business while enabling sawmills to expand their network beyond their traditional set of buyers.
The platform also helps buyers to verify the origin of the timber trade on the platform, allowing them to make more ethical and sustainable purchases.
A couple of weeks back, Timberhub raised a €1.5M in a pre-seed funding round led by Speedinvest. Currently, the company is looking for motivated people to join them. For more information, click here.
Willicroft
Founder/s: Brad Vanstone
Fundraised this month: €2M
Willicroft is a plant-based cheese producer. The company combines ‘age-old’ techniques with quality plant-based products such as beans and pulses, creating alternatives that are good for consumers and the environment.
A few days back, the Amsterdam startup raised €2M in a pre-Seed round led by early-stage investor Rockstart and PINC, Paulig’s venture arm.
GetEase
Founder/s: Ilona van Wegen, Maurits de Cler
Fundraised this month: €700K
GetEase is a dedicated platform for lifestyle services, including massage, manicure, yoga, personal training, and more.
The company’s plug-and-play solution helps lifestyle service providers to expand into the digital space, and find new clients with the backend of their core business.
The Amsterdam company offers service providers everything from insurance, accounting support, brand partnerships, and finding the right equipment, to certifications.
A few days back, the company raised €700K in its pre-Seed round from Graduate Entrepreneur, a fund backed by Erasmus and Delft Alumni, and APX, an early-stage VC backed by Axel Springer and Porsche.
Currently, GetEase has six vacancies. Click here to explore.
Expertwired
Founder/s: Reinier Huisman
Fundraised this month: €1M
Expertwired is a 1-on-1 video consultation firm that enables users to get specific market research questions answered by senior industry experts.
The company connects market research firms, in-house consulting teams, investment advisors, and others seeking real-time market intelligence to industry experts.
At present, the platform is active in over 18 countries and serves clients such as KPMG, PwC, Deloitte, and EY, many private equity firms, large corporations such as HP, Philips, and research firms, including Frost & Sullivan, and Universities like Harvard.
Earlier this month, the company raised €1M led by Pop Up Qapital. Right now, Expertwired has four job openings. Find the one for you here.
SingularityNET
Founder/s: Ben Goertzel and David Hanson
Fundraised this month: €23.6M
SingularityNET is an open-source Amsterdam-based platform that focuses on bringing AI and blockchain together to create a decentralised marketplace for AI.
The platform lets anyone monetise AI algorithms, allowing companies, organisations, and developers to buy, outsource and sell AI at scale. A few days back, the Amsterdam company raised €23.6M from the global investment group LDA Capital Limited.
The company currently has 16 vacancies. Explore the opportunities here.
Tradesnest
Founder/s: Nancy Shenouda, Pierre Ouellette
Fundraised this month: NA
Amsterdam-based Tradesnest helps companies expand internationally by putting them in contact with the right business partners in their target market. Through its B2B platform, brands can present their products to retailers and distributors, and directly perform transactions to expand and increase their sales, without a huge investment of time and money.
Recently, the company received an undisclosed convertible loan from the Innovation Fund Noord-Holland. The investment was also co-financed by Rabobank and Atomico Angel investor Joyce Mackenzie Liu. Right now, the company is hiring Junior AI/ML Developers. You can click here to know more about the job description.
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