Berlin/Frankfurt am Main, 17.08.2020: With its cloud solution for driver-based control and scenario simulation in real time, Valsight impresses not only CFOs and controlling managers in well-known corporations, but also an important investor.
In the recently completed financing round, early-stage investor neosfer (formerly: main incubator), the development unit of Commerzbank Group, invested a seven-figure sum in the Berlin-based SaaS start-up.
With this investment, neosfer GmbH is supporting the start-up, which was founded in 2015, in its further growth and is also making its offering available to Commerzbank customers.
Since its founding in 2015, the Berlin-based start-up Valsight has evolved from the renowned Hasso Plattner Institute into a sought-after address for agile performance management. With its SaaS solution for driver-based planning, scenario simulations, and forecasting, Valsight has been able to win over customers such as Linde, Volkswagen, Siemens, Mercedes-Benz, Commerzbank, AIDA Cruises, Thalia, and DATEV.
With its simulation software, Valsight addresses the enormous challenges facing the controlling departments of many companies and corporations today. Sudden short-time work, unexpected production stoppages or fluctuating market prices: These factors, which are difficult to predict, can have an immense impact on financial planning and corporate management. Previously used methods and common business intelligence (BI) and planning software are not always up to this fast-moving market dynamic.
This is where Valsight comes in with its solution and offers companies the flexibility and transparency they need for agile and future-oriented corporate management and planning.
With its specialized simulation solution, Valsight makes financial planning, forecasting and simulation of what-if scenarios not only more transparent and flexible, but also significantly more agile and faster. This provides companies with valuable real-time insights and significantly accelerates planning and decision-making processes.
Carsten Schmitt, Head of Group Finance, Commerzbank:
“Especially in times of high volatility, Group Controlling must be able to respond quickly to changing market conditions and other challenges. At Commerzbank, we are therefore focusing on the consistent digitization of controlling processes, using intelligent software solutions such as Valsight, among other things.”
Julian Bürklein, Senior Investment Manager, neosfer:
“Valsight and its software solution optimize key control processes in companies, helping management to gain the necessary confidence to make the right decisions in a dynamic and complex environment. With our investment, we are pleased to offer interested corporate clients a software solution that enables them to evaluate financial scenarios faster and better than before.”
Khai Tran, Mitbegründer und Geschäftsführer, Valsight
“Times are dynamic and volatile – standing still is not an option. In order to be successful in real time
companies must always look to the future with a clear sense of purpose. The simulation of scenarios helps here. And software that supports this approach without compromise. With Valsight, we are proving that corporate management and innovation are very much compatible. We provide controlling and finance teams with a solution that enables them to perform their strategic tasks at the pace and quality expected of them today.”
About Valsight
Valsight gives companies in different industries the necessary security to make the right decisions for the future in a dynamic and complex market environment. With its user-friendly and intuitive simulation software, companies optimize important control processes such as financial planning and
Forecasts sustainable. In this way, the transformation towards agile and transparent corporate management
and thus set new standards for performance management. Leading global companies such as Siemens, Mercedes-Benz, AIDA Cruises, Linde, Commerzbank and Volkswagen, among others, successfully rely on Valsight to increase the efficiency of their planning process and improve their corporate management.
Press contact Valsight GmbH: Katharina Dedkow
About neosfer
At the time of the investment, neosfer was still called main incubator; main incubator was renamed neosfer in 2022.
neosfer GmbH, early-stage investor and innovation unit of the Commerzbank Group, investigates future technologies relevant to business and society, promotes and develops sustainable, digital solutions and brings them profitably to Commerzbank and its customers. This is done via the three areas invest, build and connect. Through strategic venture capital (.invest), in-house development of technologies and business models (build), and building ecosystems around the sustainable and digital future of society (connect), neosfer creates access to innovation.
With a portfolio of currently 23 digital and sustainable start-ups, the company is always looking to the future and is continuously developing. Some successful prototypes have already emerged from this and are being used in the Commerzbank Group. These include Project Lissi, a blockchain-based identity network for self-determined identities. Through its own events, such as the monthly tech start-up event series “Between the Towers” and the IMPACT FESTIVAL, neosfer strengthens its network in the innovation, venture and sustainability sectors.
neosfer GmbH is a wholly owned subsidiary of Commerzbank AG, headquartered in Frankfurt am Main.
Press contact neosfer GmbH: Sarah Schütz
