Comydo: Smart front door opener for parcel carriers secures high six-figure seed investment
October 1, 2019
Comydo offers a clever door opening system with a barcode scanner to facilitate access to apartment buildings.
With Comydo, couriers are no longer standing in front of a locked front door or ringing all available door bells. “We turn the parcel itself into a temporary key granting the postman access to the entrance hall of apartment buildings,” says CEO and Co-Founder Julian Wulf. Comydo uses the existing shipping labels and track & trace interfaces to open the door. All relevant carriers are hooked up and thus Comydo covers 95% of the B2C market. The property management in turn can open the door remotely to service providers by QR code or a single mouse click.
In addition, there are many other use cases in areas where fast, flexible access is required. Examples include 24/7 click & collect, access to co-working spaces, parking management or special customer areas such as washrooms. The authorization is generated “on demand” and made available to an ever-changing group of people via e-mail or receipt at the cash register. Comydo also offers an exciting approach for business applications. According to the founders, the digital ID badge on smartphones or watches is overdue.
High-Tech Gründerfonds, Innovationsstarter Fonds Hamburg, and Anyon, a PropTech VC investor, are investing in the financing round. The investment in Comydo will help the Hamburg-based company to quickly build up a team in marketing and sales and accelerate product development.
Daniela Bach, Investment Manager HTGF adds:
“There are already several providers in the area of access management, but no one so far has addressed the bottleneck of the front door opening for parcel deliveries in such a brilliantly simple way as Comydo. The team solves a major problem in Last Mile Delivery.”
Dörte Bunge, Investment Manager at Innovationsstarter Fonds Hamburg, comments:
“We were convinced by the intelligent yet simple implementation process and the high usability of the software. We are very pleased to support the experienced team in the growth of the company.”
Dr. Dennis Lips, CEO at From Anyon says:
“Comydo enhances the user experience for tenants, increases the efficiency of the delivery process for carriers, and reduces CO2 emissions by avoiding empty trips and possibly shifting delivery to off-peak traffic times. Comydo showcases the enormous potential that PropTech companies realize for various stakeholders in the real estate industry and beyond.”
Comydo offers simple and flexible access management for the housing industry and other business applications. The company has comprehensive know-how in the IoT area. The hardware and software solutions were developed entirely in-house. Investors include High-Tech-Gründerfonds, Innovationsstarter Fonds Hamburg and Anyon Holding GmbH.
Eimsbütteler Str. 53-55
22769 Hamburg, Germany
About the Innovationstarter Fonds Hamburg
The Hamburg Innovation Starter Fund invests venture capital in young innovative Hamburg companies in order to strengthen their research and development activities. For open participations in corporations it provides up to a maximum of EUR 1 million. Investors in the fund are equally divided between the Free and Hanseatic City of Hamburg and the European Regional Development Fund (ERDF Fund). The fund volume amounts to EUR 12 million. The fund is managed by IFB Innovationsstarter GmbH, a 100% subsidiary of Hamburgische Investitions- und Förderbank.
IFB Innovationsstarter GmbH
P.: +49 40 657980595
Anyon is a PropTech venture capital investor with offices in Berlin, Munich and Frankfurt, whose team combines young entrepreneurial spirit with long-standing industry experience. Anyon focuses on PropTech investments as portfolio companies benefit from one of the strongest networks of real estate experts with extensive industry knowledge and reputable partners. Honoring the fact that building successful businesses requires perseverance and dedication, Anyon invests with a long-term horizon, thereby realizing the vision of creating the built environment of the future.
Anyon Holding GmbH
Düsseldorfer Str. 1
About High-Tech Gründerfonds
Launched in 2005, High-Tech Gründerfonds (HTGF) is a powerful engine that drives the success of high- tech startups. Armed with expertise, entrepreneurial spirit and passion, the experienced team of investment managers and startup experts guide top companies on their journey from launch to success. HTGF focuses on high-potential startups active in the sectors of software, media, internet, hardware, energy and automation, life sciences (medical technology, diagnostics, and biotechnology) and chemistry. With EUR 895.5 million in investment volume across three funds (EUR 272 million in HTGF I, EUR 304 million in HTGF II and EUR 319.5 million for HTGF III) and an international network of partners, HTGF has already financed more than 550 startups.
This group also includes a number of success stories, such as Mister Spex, Rigontec, 6Wunderkinder, Next Kraftwerke and Cumulocity, as well as Juniqe, an online shop for art enthusiasts. To date, external investors have injected over EUR 2 billion into the HTGF portfolio via more than 1,400 follow-on financing rounds. HTGF has also successfully sold interests in more than 100 companies. Investors in this public-private partnership include the Federal Ministry For Economic Affairs and Energy, the KfW Capital, and Fraunhofer-Gesellschaft e.V., as well as the companies ALTANA, BASF, BAYER, B.Braun, Boehringer Ingelheim, Robert Bosch, BÜFA, CEWE, Deutsche Post DHL, Dräger, Drillisch AG, EVONIK, EWE AG, FOND OF, Haniel, Hettich, Knauf, Körber, LANXESS, media + more venture Beteiligungs GmbH & Co. KG, PHOENIX CONTACT, Postbank, QIAGEN, RWE Generation SE, SAP, Schufa, Schwarz Gruppe, STIHL, Thüga, Vector Informatik, WACKER and Wilh. Werhahn KG.
High-Tech Gründerfonds Management GmbH
P.: + 49 228 – 82 30 01-54