What is COMPEON?
COMPEON, rebranded as Fynbiz, functions as a comprehensive financial portal tailored for SMEs and self-employed professionals. The platform aggregates a diverse array of financial products, including business loans, leasing options, and investment opportunities, sourced from approximately 300 financing partners. By facilitating comparisons and offering personalized advisory support, COMPEON aims to deliver bespoke financial solutions across various industries such as healthcare, trade, and real estate, with a commitment to rapid offer generation, often within a single business day.
How much funding has COMPEON raised?
COMPEON has raised a total of $16.9M across 2 funding rounds:
Series A
$2.7M
Series B
$14.2M
Series A (2015): $2.7M with participation from Tengelmann and DvH Ventures
Series B (2017): $14.2M led by Tengelmann, DvH Ventures, and btov Partners
Key Investors in COMPEON
Tengelmann
Tengelmann Warenhandelsgesellschaft KG, operating as the Tengelmann Group, is a German holding company that has provided backing to COMPEON.
DvH Ventures
DvH Ventures is a venture capital firm focused on early-stage European companies, offering hands-on support and strategic guidance to its portfolio firms.
btov Partners
b2venture is a European venture capital firm that invests in early-stage startups, leveraging a strong angel investor community to support entrepreneurial growth.
What's next for COMPEON?
With the recent major strategic investment, COMPEON (Fynbiz) is poised for accelerated growth and market penetration. The substantial backing suggests a strategic focus on scaling its operations, potentially expanding its network of financing partners, and enhancing its digital platform's capabilities. This funding round is indicative of the company's strong market position and its potential to further disrupt the SME financing landscape by offering efficient, tailored financial solutions.
See full COMPEON company page
