Berlin \u2014 Berlin-based fintech topi, foun\u00added in 2021, has raised $45 million, inclu\u00adding $15 million in equity. The round is again led by Crean\u00addum and Index Ventures with parti\u00adci\u00adpa\u00adtion from Sili\u00adcon Valley-based Triple\u00adPoint Capi\u00adtal. This means that the start-up has raised almost 50 million US dollars in less than a year. topi\u2019s tech\u00adni\u00adcal infra\u00adstruc\u00adture enables resel\u00adlers and manu\u00adfac\u00adtu\u00adr\u00aders to offer hard\u00adware subscrip\u00adti\u00adons to busi\u00adness custo\u00admers. This will revo\u00adlu\u00adtio\u00adnize the way compa\u00adnies procure hard\u00adware and drive the tran\u00adsi\u00adtion to a circu\u00adlar economy.<\/p>\n
topi enables retail\u00aders and manu\u00adfac\u00adtu\u00adr\u00aders to offer their products as subscriptions<\/strong><\/p>\n Globally, more than $3,700 billion* in capi\u00adtal expen\u00addit\u00adures are made annu\u00adally. In the field of elec\u00adtro\u00adnic equip\u00adment alone, a wide variety of opera\u00adting resour\u00adces have to be procu\u00adred, ranging from compu\u00adters, moni\u00adtors, smart\u00adphones or prin\u00adters to indus\u00adtry-speci\u00adfic special machi\u00adnery. Owner\u00adship of these physi\u00adcal assets, howe\u00adver, invol\u00adves both finan\u00adcial and opera\u00adtio\u00adnal costs for compa\u00adnies. topi enables compa\u00adnies to rent hard\u00adware, turning expen\u00adsive invest\u00adments into low monthly opera\u00adting costs. In addi\u00adtion, it helps compa\u00adnies avoid obso\u00adlete hard\u00adware, save time mana\u00adging exis\u00adting devices, improve opera\u00adtio\u00adnal flexi\u00adbi\u00adlity and opti\u00admize cash flow.<\/p>\n For manu\u00adfac\u00adtu\u00adr\u00aders and retail\u00aders, hard\u00adware subscrip\u00adti\u00adons are compli\u00adca\u00adted and come with a variety of chal\u00adlenges, such as: Risk and fraud manage\u00adment, refi\u00adnan\u00adcing, the inclu\u00adsion of insu\u00adrance offe\u00adrings and the asso\u00adcia\u00adted payment flows. With the subscrip\u00adtion option embedded in the purcha\u00adsing process, B2B resel\u00adlers will be able to offer hard\u00adware-as-a-service<\/strong> in the online store, tele\u00adsa\u00adles and in stores. topis fraud and risk system checks custo\u00admers\u2019 credit\u00adwort\u00adhi\u00adness in real time. Retail\u00aders and manu\u00adfac\u00adtu\u00adr\u00aders are thus expan\u00adding their custo\u00admer base and impro\u00adving both the custo\u00admer expe\u00adri\u00adence and the loyalty of their customers.<\/p>\n \u201cWe are making the as-a-service models that have long been estab\u00adlished for soft\u00adware the stan\u00addard for hard\u00adware as well,\u201d explain Estelle Merle and Char\u00adlotte Pallua, the foun\u00adders of topi<\/strong>. \u201cOur subscrip\u00adtion plat\u00adform ensu\u00adres that busi\u00adness custo\u00admers can protect their cash while their employees never have to work with outda\u00adted equip\u00adment again. We firmly believe that in the future, every retailer and manu\u00adfac\u00adtu\u00adrer will also need to offer their products as a subscrip\u00adtion model in order to remain competitive.\u201d<\/p>\n Stra\u00adte\u00adgic part\u00adner\u00adship with GRAVIS \u201cWe\u2019ve been looking for a part\u00adner like topi for a long time,\u201d says Jan Sper\u00adlich, CEO of GRAVIS. \u201cWe are thril\u00adled that our busi\u00adness custo\u00admers can now easily rent their IT equip\u00adment in real time and without complex proces\u00adses and bureau\u00adcra\u00adtic paper\u00adwork. Alre\u00adady during the pilot phase, almost half of our busi\u00adness custo\u00admers who rented hard\u00adware with topi have rented products again. We look forward to further colla\u00adbo\u00adra\u00adtion and expan\u00adding our offe\u00adring using topi\u2019s platform.\u201d<\/p>\n Jan Hammer and Julia Andre, part\u00adners at Index Ventures<\/strong>, join topi\u2019s Board of Direc\u00adtors. Says Andre, \u201cCompa\u00adnies want to focus on getting good results and not get bogged down by the comple\u00adxity of equip\u00adment procu\u00adre\u00adment. topi elimi\u00adna\u00adtes the confu\u00adsion of vendors and costs that make opera\u00adting equip\u00adment leasing so diffi\u00adcult, and offers a hard\u00adware subscrip\u00adtion solu\u00adtion for dealers that opens up unpre\u00adce\u00adden\u00adted terms to their busi\u00adness custo\u00admers. We are impres\u00adsed with the speed of imple\u00admen\u00adta\u00adtion at topi and believe they are in the opti\u00admal posi\u00adtion to make this change happen at scale.\u201d<\/p>\n Around 50 million tons of e\u2011waste end up in land\u00adfills world\u00adwide every year**, which is over 7 kg per person. Manu\u00adfac\u00adtu\u00adr\u00aders need to think more long term and not just focus on the purchase, but consider how to give the product a second life or how to recy\u00adcle them properly. At a time when the world is turning more and more to the circu\u00adlar economy, topi will play a key role in redu\u00adcing hard\u00adware waste.<\/p>\n \u201cWe believe topi will be one of the driving forces in resha\u00adping B2B payments,\u201d said Simon Schmin\u00adcke, gene\u00adral part\u00adner at Crean\u00addum, who also joins the board of direc\u00adtors. \u201cThe idea is inno\u00adva\u00adtive, fills a gap that has exis\u00adted for far too long, and bene\u00adfits ever\u00adyone. In the end, it will be about imple\u00admen\u00adta\u00adtion. And in terms of that, topi has put toge\u00adther an incre\u00addi\u00adble team, the likes of which we\u2019ve rarely seen in a company at this stage.\u201d<\/p>\n topi was foun\u00added by Char\u00adlotte Pallua and Estelle Merle, who met at Harvard Busi\u00adness School and have held leader\u00adship posi\u00adti\u00adons at Apple and Gold\u00adman Sachs. Since its foun\u00adding last year, topi has grown into a company with 35 employees from 13 count\u00adries. The team comes from compa\u00adnies such as Revo\u00adlut, PayPal, GoCard\u00adless, Checkout.com, N26, McKin\u00adsey, BCG and Meta. Half of the leader\u00adship team and 60% of the tech team are female. topi is head\u00adquar\u00adte\u00adred in Berlin, but is being built as a remote-first company to secure talent across Europe. Two thirds of the team work from other Euro\u00adpean countries.<\/p>\n Notes: * S&P Global Market Intel\u00adli\u00adgence, global corpo\u00adrate capi\u00adtal expen\u00addit\u00adure, ** Statista, Global e\u2011waste statis\u00adtics and facts.<\/p>\n About topi<\/strong> About Crean\u00addum<\/strong> Crean\u00addum\u2019s consul\u00adting teams are based in Stock\u00adholm, London, Berlin and San Fran\u00adcisco. They have exten\u00adsive opera\u00adtio\u00adnal exper\u00adtise with which they support port\u00adfo\u00adlio compa\u00adnies of the fund from the seed phase to exit and with the aim of making them global market leaders in their cate\u00adgory. For more infor\u00adma\u00adtion, visit www.creandum.com.<\/p>\n About Index Ventures<\/strong> Berlin \u2014 Berlin-based fintech topi, foun\u00added in 2021, has raised $45 million, inclu\u00adding $15 million in equity. The round is again led by Crean\u00addum and Index Ventures with parti\u00adci\u00adpa\u00adtion from Sili\u00adcon Valley-based Triple\u00adPoint Capi\u00adtal. This means that the start-up has raised almost 50 million US dollars in less than a year. topi\u2019s tech\u00adni\u00adcal infra\u00adstruc\u00adture enables [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":45792,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1381],"tags":[],"class_list":["post-45794","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-private-debt-mezzanine","news-category-private-equity-news-en"],"yoast_head":"\n
\n<\/strong>
\ntopi also announ\u00adces a stra\u00adte\u00adgic part\u00adner\u00adship with GRAVIS. As one of the leading elec\u00adtro\u00adnics retail\u00aders in Germany, the company is the first to offer a subscrip\u00adtion model with the fintech\u2019s platform.<\/p>\n
\ntopi is a fintech company whose tech\u00adni\u00adcal infra\u00adstruc\u00adture enables merchants and manu\u00adfac\u00adtu\u00adr\u00aders to offer hard\u00adware subscrip\u00adti\u00adons to their busi\u00adness custo\u00admers. The Hard\u00adware-as-a-Service plat\u00adform allows dealers to conve\u00adni\u00adently offer their products as rentals to their busi\u00adness custo\u00admers online, in tele\u00adsa\u00adles or in the store. The Berlin-based company was foun\u00added in 2021 by Char\u00adlotte Pallua and Estelle Merle. topi is funded by Index Ventures, Crean\u00addum and Sili\u00adcon Valley-based Triple\u00adPoint Capi\u00adtal, as well as foun\u00adders and early employees from Adyen, Stripe, N26, Senn\u00adder, Wefox, HelloFresh, Cloud\u00adflare, Perso\u00adnio, Foodora and more<\/p>\n
\nCrean\u00addum, foun\u00added in 2003, is a leading pan-Euro\u00adpean venture capi\u00adtal fund. The fund\u2019s port\u00adfo\u00adlio includes more than 120 compa\u00adnies across a wide range of indus\u00adtries, inclu\u00adding some of Euro\u00adpe\u2019s most successful tech compa\u00adnies, e.g. Spotify, Klarna, Depop, Kry, Trade Repu\u00adblic, Pleo and Vivino. Today, one in six of these compa\u00adnies is a Unicorn.<\/p>\n
\nIndex Ventures invests in outstan\u00adding foun\u00adders who are not only ideally posi\u00adtio\u00adned through rele\u00advant expe\u00adri\u00adence and\/or exper\u00adtise, but also intrin\u00adsi\u00adcally moti\u00adva\u00adted to realize their ideas. Index helps entre\u00adpre\u00adneurs build global busi\u00adnesses from their visio\u00adnary ideas and use them to make a posi\u00adtive impact on the world.<\/p>\n","protected":false},"excerpt":{"rendered":"