Equalto raises 3.5 million euros

The Berlin-based start-up offers software for commissions. It has now raised 3.5 million euros in a recent financing round, led by Cavalry Ventures.

Equalto's software promises automatic, effective and always visible commissions. The Berlin-based company has now raised 3.5 million euros in a recent financing round. Cavalry Ventures led the round, with Amaranthine, First Momentum Ventures, Helloworld.vc and Saarbrücker21 also participating. Business angels such as Felix Jahn from McMakler and Dieter Buchl as well as Stephen Weich from Flaschenpost also participated.

"The support of the experienced entrepreneurs who took part in this round shows us that we are dealing with a major and unsolved problem," says Co-CEO Gijs Hubben of Equalto, explaining the motivation for founding the start-up: "Companies have automated many business processes, but sales commissions are still stuck in the past. Equalto is the missing infrastructure."

Jahn is convinced of Equalto and its proptech not only as an investor, but also as a user: "With McMakler's rapid growth, we needed a single source of information for our sales commissions that was integrated into our tech stack. EqualTo turns our old manual process into an agile strategic asset."