FundedIQ

Funded Financial Services Startups in Munich

Across the 19 listed Munich financial services rounds (dated 2021-04-19 to 2025-05-14), disclosed deal sizes split sharply: FINN’s $1.0B on 2025-02-10 is t…

Across the 19 listed Munich financial services rounds (dated 2021-04-19 to 2025-05-14), disclosed deal sizes split sharply: FINN’s $1.0B on 2025-02-10 is the only round above the $100M scale (next-highest disclosed is $110M for FINN on 2022-05-25). The rest of the disclosed amounts cluster much lower, with multiple entries in the $4M–$70M range, and several entries at the low end such as Frienton’s $50K (2023-03-14) and beatvest’s $100K (2021-12-08).

Timing also concentrates: 4 of the 19 rounds fall in 2025 (from 2025-01-28 through 2025-05-14), and a further set lands in early 2023 (2023-03-09 through 2023-06-12). Stage and disclosure mix are uneven, too: 4 entries are labeled “Series Unknown” (FINN 2025-02-10 is not unknown, but FINN has an unknown round on 2022-05-25?—in this table Ivy has two “Series Unknown” labels: 2025-01-28 at $30M and 2023-?? none; cleversoft group 2023-06-12 is “undisclosed”; spiritory 2023-06-08 “undisclosed”; Tanso 2022-12-19 “undisclosed”; cleversoft group and spiritory and Tanso are undisclosed). Most rounds are still disclosed, but undisclosed amounts appear 3 times (cleversoft group 2023-06-12, spiritory 2023-06-08, Tanso 2022-12-19).

Most recent rounds

19 shown
P
Penzilla
Munich, Germany · Financial Services
Seed · May 2025
$3.6M
H
HAWK:AI
Munich, Germany · Financial Services
Series C · Apr 2025
$56M
F
FINN
Munich, Germany · Financial Services
Series Unknown · Feb 2025
$1.0B
I
Ivy
Munich, Germany · Financial Services
Series Unknown · Jan 2025
$30M
S
Scalable Capital
Munich, Germany · Financial Services
Series E · Dec 2023
$65M
C
cleversoft group
Munich, Germany · Financial Services
Series Unknown · Jun 2023
Undisclosed
S
spiritory
Munich, Germany · Financial Services
Seed · Jun 2023
Undisclosed
F
Frienton
Munich, Germany · Financial Services
Pre-Seed · Mar 2023
$50k
T
Tidely
Munich, Germany · Financial Services
Seed · Mar 2023
$3.7M
F
finway
Munich, Germany · Financial Services
Series A · Feb 2023
$9.8M
T
Tanso
Munich, Germany · Financial Services
Series Unknown · Dec 2022
Undisclosed
O
ottonova
Munich, Germany · Financial Services
Series F · Sep 2022
$34M
F
FINN
Munich, Germany · Financial Services
Series B · May 2022
$110M
T
Tangany
Munich, Germany · Financial Services
Seed · Apr 2022
$7.6M
X
Xempus AG
Munich, Germany · Financial Services
Series D · Mar 2022
$70M
I
Ivy
Munich, Germany · Financial Services
Pre-Seed · Feb 2022
$1.7M
B
beatvest
Munich, Germany · Financial Services
Seed · Dec 2021
$100k
R
ryd
Munich, Germany · Financial Services
Venture - Series Unknown · Sep 2021
$12M
I
insureQ
Munich, Germany · Financial Services
Seed · Apr 2021
$6.0M

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Frequently asked

What are the standout disclosed rounds in Munich financial services, and how extreme are they versus the rest of the list?

FINN’s $1.0B round on 2025-02-10 is the clear size outlier in the disclosed data, well above the next-largest disclosed amounts such as FINN at $110M on 2022-05-25 and Xempus AG at $70M on 2022-03-10. At the low end, disclosed amounts include Frienton’s $50K (2023-03-14) and beatvest’s $100K (2021-12-08).

How concentrated are these funding rounds over time?

Rounds cluster in two visible windows: 4 of the 19 rows are in 2025 (2025-01-28 through 2025-05-14), and several more appear in early-to-mid 2023 (2023-03-09 Tidely at $4M through 2023-06-12 cleversoft group at “undisclosed,” plus 2023-06-08 spiritory “undisclosed”).

Does the list show a stage mix skew, or are stages mostly diversified?

Stages vary, but disclosed “Seed” appears repeatedly: Penzilla Seed ($4M, 2025-05-14), spiritory Seed (“undisclosed,” 2023-06-08), Tidely Seed ($4M, 2023-03-09), beatvest Seed ($100K, 2021-12-08), and insureQ Seed ($6M, 2021-04-19). By contrast, later rounds like Series E and Series F are represented once each in the shown rows (Scalable Capital Series E $65M on 2023-12-07; ottonova Series F $34M on 2022-09-02).

How much of the dataset uses “undisclosed” vs. disclosed amounts, and does that affect comparisons?

Three of the 19 rows report “undisclosed” amounts (cleversoft group on 2023-06-12, spiritory on 2023-06-08, and Tanso on 2022-12-19). Because those entries lack amounts, any size-based ranking only applies to the remaining disclosed rounds, where the top end is dominated by FINN’s $1.0B (2025-02-10).

Which company appears multiple times, and what does that imply about repeat financing within this Munich subset?

FINN appears twice with very different magnitudes: $1.0B on 2025-02-10 (Series Unknown) and $110M on 2022-05-25 (Series B). That repetition suggests sustained activity from a single Munich-based issuer across multiple years, while most other companies appear only once in the displayed 19-row slice.

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