Fotografen-Service GmbH, a Karlsruhe, Germany-based provider of a software-as-a-service tool for professional photographers, has received an investment from business angel Friedrich Georg Hoepfner.
The amount of the transaction was not disclosed.
Co-founded in 2010 by Marco Beinbrech, David Bühn, Markus Posselt, Gustav Wellner Bou, Stefan Trifonov, Fotografen-Service provides a software-as-a-service tool to support professional photographers throughout their entire business cycle from client acquisition and sales to business monitoring.
Hoepfner made the investment after that he had received support from the European Angels Fund (EAF), which provides equity to business angels and other non-institutional investors for the financing of innovative companies in the form of co-investments.
After a ramp-up of the pilot in Germany, the activity of the EAF will be extended to other European geographies to support cross-border collaboration between Business Angels.