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Construction & Engineering Services | TMT | Private Equity

seniovo GmbH has raised US$4.48 million in a Series B growth financing

In order to support seniovo’s plans to launch a comprehensive B2B platform, the company was looking for a strategic partner for its expansion. The aim was to position itself as a central service provider on the market via a partner ecosystem.

Since 2017, seniovo GmbH has been offering all services related to barrier-free bathroom conversions. The company is a unique provider of the entire value chain and is currently continuing to develop into a comprehensive platform for the barrier-free home and for other care services and products. The service portfolio ranges from planning and applying for subsidies to approvals, conversion and billing. In addition to in-house services, the company works with partners, such as craftsmen, to carry out conversions on site. Seniovo generated revenues of approximately US$2.4 million in 2021 and has 35 full-time employees.

Oaklins’ team in Germany, in its role as fundraising and sell-side advisor, assisted seniovo’s team and shareholders in this process.

Talk to the deal team

 Jan P.  Hatje

Jan P. Hatje

Managing Partner
Hamburg, Germany
Oaklins Germany
 Maren  Tietz

Maren Tietz

Associate
Frankfurt, Germany
Oaklins Germany

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