1.5 million euros pre-seed investment for DYNO

Offenburg-based start-up DYNO secures 1.5 million euros in a pre-seed round to digitalize company pension schemes. Investors such as 468 Capital and LEA Partners are supporting the company on its journey.

Offenburg, October 10, 2023 - The Offenburg-based startup DYNO has successfully raised 1.5 million euros in a pre-seed investment round. The funds will be invested in the further development of its product.

The main investors in this round are 468 Capital and LEA Partners, with support from Mätch VC. Also involved are experienced founders and business angels such as Martin Trenkle (Workwise), Fabian Silberer and Marco Reinbold (sevDesk), as well as Christoph Zöller (Instaffo).

We have set out to close the pension gap for millions of employees. With the fresh funds, we can take the next step on this journey

DYNO Co-Founder Marc Karkossa

DYNO, founded by Marc Karkossa, Luis Weber and Peter Sutter, aims to digitize company pension schemes and thus contribute to the fight against old-age poverty. The traditional manual administration of company pensions causes companies high costs and time investments. Employees often receive low returns due to high brokerage commissions and face pension gaps despite regular contributions.

I have already had the pleasure of supporting strong B2B software companies such as sevDesk and Flip. We see similar potential with DYNO.

Bernhard Janke, Partner at 468 Capital

DYNO offers a solution that reduces manual administration processes for companies by 91%. In addition, their contracts are commission-free, which gives employees the opportunity to earn up to 60,000 euros more pension. On the DYNO website, interested parties can carry out a free contract check and optimize their company pension.

In light of the worsening problems with pension provision, it has become clear that neither mediation nor previous attempts at digitalization provide satisfactory solutions. DYNO's software is already helping overburdened employers to overcome administrative hurdles

Alexi Malikotsinas from LEA Partners

DYNO was founded in Offenburg in 2021 and is characterized by the avoidance of high broker commissions, which enables them to offer occupational pension contracts at more favorable conditions. Companies benefit from a software solution that reduces their time expenditure by up to 90%. The company has already acquired a considerable number of SMEs and start-ups as customers.

With the successful pre-seed financing round, DYNO is well positioned to improve company pension schemes and tackle old-age poverty. The company currently employs 10 people and has a list of SMEs and startups as customers.

The investors, led by 468 Capital and LEA Partners, underline DYNO's potential. 468 Capital is a technology VC with a global focus, while LEA Partners supports B2B tech companies at various stages of development.