Comydo Raises High Six-Figure Seed Funding

comydoComydo, a Hamburg, Germany-based provider of a clever door opening system with a barcode scanner to facilitate access to apartment buildings, raised a high six-figure euro seed funding round.

High-Tech Gründerfonds, Innovationsstarter Fonds Hamburg, and Anyon, a PropTech VC investor, are investing in the financing round.

The company intends to use the funds to quickly build up a team in marketing and sales and accelerate product development.

Led by CEO and Co-Founder Julian Wulf, Comydo provides a clever door opening system with a barcode scanner to facilitate access to apartment buildings. It uses the existing shipping labels and track & trace interfaces to open the door. The property management in turn can open the door remotely to service providers by QR code or a single mouse click.
In addition, there are many other use cases in areas where fast, flexible access is required. Examples include 24/7 click & collect, access to co-working spaces, parking management or special customer areas such as washrooms. The authorization is generated “on demand” and made available to an ever-changing group of people via e-mail or receipt at the cash register.
With comprehensive know-how in the IoT area, the company has developed the hardware and software solutions entirely in-house.

FinSMEs

03/10/2019

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