Linus becomes a public limited company

The start-up has set itself an ambitious growth course.

Anyone can participate in construction projects as a co-investor via Linus Digital Finance. The Berlin-based start-up is now transforming itself into a public limited company and appointing a high-caliber Supervisory Board.

The supervisory board is headed by Verena Mohaupt, who is a partner at venture capitalist Findos and an experienced supervisory board member, for example at home24. "I am very much looking forward to supporting Linus in continuing his fantastic success story from now on," says Mohaupt. At her side are various business angels such as Christian Vollmann, founder of nebenan.de among others, and venture capitalist Kristian Schmidt-Garve.

The Management Board is made up of former Goldman Sachs banker Frederic Olbert as CFO, who has been with Linus since 2019, and founder David Neuhoff as CEO: "The new structure as an AG is the next logical step for us to maintain and further increase our high rate of expansion in the long term," says Neuhoff.

The start-up plans to significantly increase its workforce by the end of the year. It also wants to have raised one billion euros from co-investors via its platform in the long term. To this end, it is investing a double-digit million euro sum in the expansion of its platform. The start-up was set up with money from Alexander Samwer, one of the founders of Rocket Internet.