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
Related deals
Firecrown Media acquires railroad and space enthusiast brands of Kalmbach Media
Kalmbach Media, a leading independent media company that provides ideas and inspiration to avid hobbyists, enthusiasts and citizen scientists through its multichannel brands, has sold its railroad and space enthusiast brands, including Trains, Model Railroader, Classic Toy Trains, Classic Trains, Garden Railways, Trains.com, Astronomy, FineScale Modeler and Kalmbach Books, to Firecrown Media, one of the leading transportation media providers serving the aviation, boating and logistics sectors.
Learn moreDania Software has been acquired by Omnidocs
The owners of Dania Software A/S have sold the company to Omnidocs.
Learn moreTop Systems teams up with Holland Capital to create the premier Dutch battery-based solutions provider
Holland Capital, a Netherlands-based private equity firm, has acquired a stake in Top Systems, a leading provider of complete battery-based power solutions, with a unique value-added services proposition.
Learn more