10 fast-growing German startups to watch in 2023 and beyond

It’s no secret that Germany has one of the most vibrant startup scenes in Europe; and according to our startup cities research, which took a close look at startup and funding activity in all of Europe’s major hubs, Berlin is actually the second largest startup hub in Europe. This week we took a look at…

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According to the World Economic Forum, the German startup scene is one of the fastest growing and most innovative in the world. As the country continues to thrive economically, the startup sector will continue to develop, making it a prime market for foreign investors looking to invest in a dynamic and innovative environment. Here are 10 fast-growing German startups to watch in 2023 and beyond.

Based in Berlin, N26 is a digital bank, started by Valentin Stalf and Maximilian Tayenthal in 2013. The company has already achieved unicorn status and is growing rapidly with more than 5 million customers. N26 offers modern banking solutions, with an easy to use app, free international bank transfers and a cashback program.

Klara is a healthcare startup based in Berlin, founded by Philip Wenig, Max Uhlenhuth and Finn Pretzel. Using the latest technologies, such as AI and deep learning, Klara is helping to revolutionize the healthcare industry by allowing patients to find the best doctor for their needs and book more efficient appointments with in-app messaging.

MyHammer is an online platform for home improvement and handyman services. Founded in 2006, Fabian Jauernik and Ludwig Gebauer’s company has grown quickly and now employs more than 100 employees. MyHammer makes it easier for customers to find the service providers they need, in a timely and economical manner.

Cargonexx is a Hamburg-based logistics company, founded by Alexander Sixt, that helps businesses take advantage of real-time freight data in order to reduce their costs. By connecting truck drivers to competitive rates, Cargonexx is increasing the efficiency of the logistics industry.

Reneuler is a Berlin-based augmented reality startup, founded by Tommi Kaikkonen and Sebastian Cohan. Making use of latest technologies like Artificial Intelligence and Computer Vision, Reneuler is creating entertaining personalized experiences for users while marketing their products.

Similar to other electric vehicle startups, Ikaroa is an up-and-coming Berlin-based company developing a sustainable electric mobility solution through its shared e-scooter platform. The company is making sure it meets the highest safety standards and is continuously enhancing the comfort of user experience.

InVenture is a financial technology company based in Berlin. Founded in 2012 by Sebastian Diemer, Florian Janik and Max Kolhagen, InVenture uses technology to make financial services more accessible and easier to use. InVenture also helps corporations, small and medium businesses, and startups access capital and services through their platform.

Talentry is a Munich-based AI-driven talent platform, founded by Moritz Heblich and Fabian Heinemann. Talentry uses artificial intelligence to collect and analyze data about potential candidates and hiring processes to improve the user experience and reduce costs associated with the recruitment cycle.

Ticketbutler is an online ticket platform founded by Jan Fajfr and Pierre Leutheusser. With their app, Ticketbutler makes it easy for customers to purchase tickets, which can be accessed through one easy to use dashboard.

Flaconi is a Berlin-based online platform offering beauty and luxury products. Founded by Patrick Kulle, Flaconi is experiencing fast growth and expanding their network with their wide range of products. In addition, they offer their customers the chance to create their own personalized packages and enjoy free shipping.

As Germany continues to develop economically, these 10 fast-growing German startups are worth keeping a close eye on in 2023 and beyond. With the perfect combination of technological advancements and innovation, these startups are paving the way for a brighter future for the country. Companies like N26, Klara, MyHammer, Cargonexx, Reneuler, Ikaroa, InVenture, Talentry, Ticketbutler and Flaconi, have established themselves as industry leaders and it will be interesting to see how they continue to shape their respective industries in the future.


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