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26.07.2024 | Tech and Business News

€6 Million Boost for Meisterwerk's Craft Industry Revolution

The Meisterwerk Management Team

The Meisterwerk Management Team: Nick Sonnenberg, William Birtwell, Alexander Bernhardt, Bertram Wildenauer - © Meisterwerk

Berlin-based startup Meisterwerk App has successfully raised €6 million in Series A funding to develop its next-generation platform for craft businesses. According to the company's press release, Meisterwerk aims to become the central operating system for craft businesses in Europe.

The funding round was led by Semapa Next, with participation from I2BF, NEXXUS, and existing investors. Meisterwerk currently supports over 600 craft businesses in the DACH region, focusing on revenue growth and operational efficiency.

The Meisterwerk app addresses common challenges faced by craft businesses, such as inefficient workflows and skilled labor shortages. By digitizing key processes, the app enables craftsmen to better organize their work both in the office and on-site. Users can access project information, capture photos, track working hours, and communicate seamlessly through mobile devices or desktops.

"The software market for the craft industry is developing more dynamically and promisingly than ever before," says Bertram Wildenauer, CEO and co-founder of Meisterwerk App. "Vertical SaaS solutions like ours are now being fully implemented in Germany and are meeting huge demand. The coming years will determine who takes the leading position in Europe, and we are determined to make Meisterwerk the first choice for craft businesses."

Meisterwerk's long-term goal is to map the entire value chain, ensuring smooth order processing, including quotation and invoicing processes, as well as personnel management. This comprehensive approach aims to save time, reduce stress, and significantly increase efficiency for craft businesses, ultimately driving sustainable growth.

With the new funding, Meisterwerk plans to expand its offerings beyond standard ERP systems, introducing features like tailored financial solutions and advanced AI automation. These innovations are expected to set new standards for efficiency and profitability in the craft sector.

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