Good news at the start of the year: Modelyzr GmbH is receiving fresh capital to enable it to really take off in the coming months. In a successful financing round, we were able to raise a significant seven-figure sum, which will now be used to further increase the company’s growth. In this short interview, our founder and Managing Director Nils Niehörster explains the background and plans for the future.
Question: Nils, since the company was founded, we have acquired important customers such as SAP SE and added many innovations to our product, the MODELYZR. Now we are looking to the future. What stage of development is Modelyzr GmbH currently at?
Nils Niehörster: In recent years, we have brought our AI market model MODELYZR to maturity. With the numerous innovations and further developments, we now offer a complete and mature AI solution in the SAP cloud that is second to none.
Now is the time to further develop our company and scale our business model. The coming months will be very exciting and will be characterized by further boosting our growth.
Question: Against this background, what is the significance of the current investment in Modelyzr GmbH and what plans can be put into practice?
Nils Niehörster: For us as a start-up, financing rounds are of great importance when it comes to advancing our product and establishing it across the board. The investment round is therefore a crucial step on our path.
With the funds available to us from the financing round, we will press ahead with the recruitment of several top executives in order to further boost our growth with their help. We are planning significant sales growth in each of the next three financial years. In addition, we now have the resources to significantly increase our footprint in the SAP ecosystem, in which we have SAP PartnerEdge build status. The MODELYZR itself is already listed in both the SAP Store and the SAP Industry Cloud.
Question: The willingness to invest in start-ups fell sharply in 2023. Overall, the amount of investment has fallen by almost 40 percent compared to the previous year. How did you manage to inspire investors for Modelyzr GmbH in this tight financing market?
Nils Niehörster: It’s true that money is no longer “sitting so loosely” with investors, to put it casually. In these challenging economic times, people tend to think twice before making a deal.
It has become clear that hardly anyone wants to take the risk of investing in a business model that is not completely convincing. And to be convincing, you need scalability and above all, of course, profitability. We can offer both.
The fact that we have succeeded in winning investors for MODELYZR alongside our customers and partners is therefore a real success and both a confirmation and an incentive for us. We are now looking to the future with confidence and are tackling the next tasks with great enthusiasm and renewed vigor.