Berlin's Degura raises €2.2 million to digitise German employer-funded pension

News
February 9, 2023
3
min read

Berlin's Degura raises €2.2 million to digitise German employer-funded pension

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Published on
Nov 22, 2023
3
min read
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Berlin's Degura raises €2.2 million to digitise German employer-funded pension

Berlin's Degura raises €2.2 million to digitise German employer-funded pension

News
February 9, 2023
3
min read

We are thrilled to welcome Degura to the b2venture family. The startup is building the first truly digital solution for offering and managing company pension plans ad has closed a EUR 2.2M Seed-Round to further scale its product. 

We were joined by prominent Angel Investors in the round, including Dr. Patrick Dahmen, (former AXA and HDI Executive) and Dr. Gerhard Cromme, as well as logistics platform founders David Nothacker, Nicolaus Schefenacker and Julius Köhler, the founding team at sennder.

Degura makes company pension plans easy-to-use, transparent and offers the only solution that is digital-first through every step of the process. With its unique cloud-based software solution tailored to both B2B and B2C, the company makes discovering, offering and managing company pension plans (bAV) as easy as online shopping. Degura connects employees, employers and insurance companies over its own portal without the need for a traditional broker, ensuring the best user experience and seamless integration.  

“The process of setting up and managing Company Pensions is painstakingly complex and not geared toward the end-customer at all. At a time when it is obvious that state pensions alone will not provide adequately for retirement - neither in Germany nor in the rest of Europe, we see an imminent need to help employees plan their financial future. That’s why we have built our product with the end-customer in mind, helping ensure that citizens across Europe have access to company pension schemes as easily as possible. We’re beyond gratified to have  such renowned investors on board to help us build the leading digital Company Pension platform in Europe.”  Christian Witte, CEO Degura GmbH. 

Founded in 2018 in Berlin by experienced executives and managers from both the insurance as well as digital business space, Degura has shown impressive traction and is trusted by Startups, Scale-Ups to Fortune-500-Companies. Already more than 120 companies trust Degura, e.g. Amorelie, Dental21, Adjust, McMakler, Contipark, apetito, and more than 15.000 employees are serviced through Degura`s digital pension cloud.    

“Over the last few years, the FinTech revolution has made private pension provisions and investment opportunities more accessible via neobrokers and robo-advisors. Yet a very important component of our pension system has been neglected: Company Pension Provisions (Betriebliche Altersvorsorge). Degura’s Pension Cloud not only makes the life of employers easier but also offers employees a digital experience with less friction and more choice that a younger generation is coming to expect. We are very proud to support the team and their mission of closing Europe's pension gap”, said Jochen Gutbrod, Partner at b2venture.

We are thrilled to welcome Degura to the b2venture family. The startup is building the first truly digital solution for offering and managing company pension plans ad has closed a EUR 2.2M Seed-Round to further scale its product. 

We were joined by prominent Angel Investors in the round, including Dr. Patrick Dahmen, (former AXA and HDI Executive) and Dr. Gerhard Cromme, as well as logistics platform founders David Nothacker, Nicolaus Schefenacker and Julius Köhler, the founding team at sennder.

Degura makes company pension plans easy-to-use, transparent and offers the only solution that is digital-first through every step of the process. With its unique cloud-based software solution tailored to both B2B and B2C, the company makes discovering, offering and managing company pension plans (bAV) as easy as online shopping. Degura connects employees, employers and insurance companies over its own portal without the need for a traditional broker, ensuring the best user experience and seamless integration.  

“The process of setting up and managing Company Pensions is painstakingly complex and not geared toward the end-customer at all. At a time when it is obvious that state pensions alone will not provide adequately for retirement - neither in Germany nor in the rest of Europe, we see an imminent need to help employees plan their financial future. That’s why we have built our product with the end-customer in mind, helping ensure that citizens across Europe have access to company pension schemes as easily as possible. We’re beyond gratified to have  such renowned investors on board to help us build the leading digital Company Pension platform in Europe.”  Christian Witte, CEO Degura GmbH. 

Founded in 2018 in Berlin by experienced executives and managers from both the insurance as well as digital business space, Degura has shown impressive traction and is trusted by Startups, Scale-Ups to Fortune-500-Companies. Already more than 120 companies trust Degura, e.g. Amorelie, Dental21, Adjust, McMakler, Contipark, apetito, and more than 15.000 employees are serviced through Degura`s digital pension cloud.    

“Over the last few years, the FinTech revolution has made private pension provisions and investment opportunities more accessible via neobrokers and robo-advisors. Yet a very important component of our pension system has been neglected: Company Pension Provisions (Betriebliche Altersvorsorge). Degura’s Pension Cloud not only makes the life of employers easier but also offers employees a digital experience with less friction and more choice that a younger generation is coming to expect. We are very proud to support the team and their mission of closing Europe's pension gap”, said Jochen Gutbrod, Partner at b2venture.

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