The startup AppNavi secures its funding for further growth and to develop its AI-powered technology. It's 'digital adaption platform' makes it easier for employees and customers to learn software applications. Investors also come from the BayStartUP investors network.
Investors are Bayern Kapital and experienced business angels from the BayStartUP investors network with a software focus, including Dr. Andreas Albath (ex-CEO Telegate), Achim Lederle (Managing Partner at Quantum Partners), Udo Krachenfels (Managing Director & Founder of get&use Academy) and Itec systems AG (provider of complex service desk, outsourcing and managed services). In addition to the financial investment, they contribute their know-how and networks to the partnership. BayStartUP helped prepare the round.
AI-based "digital adaption platform"
Using any software correctly right away, with no training and no questions asked – that's the promise of AppNavi's founders. The team has developed an AI-based "digital adaption platform" for companies. With the solution, companies are able to implement software launches and updates much faster and more efficiently. Users are guided step-by-step through new or modified use cases. The training is much more intuitive than conventional training methods.
To help companies get a quick return on their software investment, AppNavi introduces company employees to new software applications and updates as they work with them. At each step, AppNavi provides the exact information users need to easily perform the next step. This makes it easy for users to learn as they go. Those responsible for a software program create their so-called routes, news, tips and more in the background – without needing any developer knowledge. The content created is immediately available to users.
Carsten Neumann, Co-Founder of AppNavi
With AppNavi, companies provide users with a better software experience and make them more efficient. And they ensure that their investment in software really pays off. This is evident from the feedback we have received from numerous companies that are already successfully using AppNavi. Thanks to the partnership with Bayern Kapital and the investors from the BayStartUP investors network, we want to accelerate our growth, continue to live up to our claim of being the easiest-to-use DAP solution and further develop AppNavi into the first 'User Efficiency-as-a-Service Platform'.
As a digital adaptation platform, AppNavi takes a different approach than conventional software training, manuals or training videos, where learning and application are inevitably decoupled, which often makes the introduction of new software extremely time-consuming and inefficient. Users are supported directly in the software. This reduces training costs, and users work more efficiently. In addition, companies' IT help desks are relieved. The RPA (Robotic Process Automation) functionality also speeds up users by allowing recurring tasks to be easily handled by AppNavi. In addition, automated translation makes it easier to design content in an international context: AppNavi can translate into 29 languages at the touch of a button. AppNavi thus makes a significant contribution to ensuring that the targeted software ROI is actually achieved.
Dr. Carsten Rudolph, Managing Director of BayStartUP:
The financing round is a good example how synergies can arise by investors in a business angel network. The business angels involved complement each other with their know-how which promises a great accompaniment for the startup AppNavi on its further growth path. As BayStartUP, we are proud to contribute to this story with our experts and our investors network.
Udo Krachenfels, business angel from the BayStartUP investors network:
The potential of the solution is enormous, the successes already achieved remarkable – and the team extremely experienced. In a still young DAP market, AppNavi has an enormous growth story ahead of it, both nationally and internationally. I am pleased to be able to accompany and support AppNavi on its exciting path.
AppNavi was founded in 2017 and has already won numerous corporate customers, including from the banking and insurance, automotive and consumer goods sectors.