With its early-stage investor neosfer, Commerzbank invests a seven-figure amount in Valsight
Valsight impresses not only CFOs and controlling executives in renowned corporations with its real-time cloud-based solution for driver-based planning and scenario simulation but also an important capital provider. In the recently concluded financing round, the development unit of Commerzbank Group, neosfer, invested a seven-figure amount in the Berlin-based SaaS start-up founded in 2015. With this investment, neosfer GmbH supports the start-up in its further growth and makes its offering accessible to Commerzbank's customers.
Since its founding in 2015, the Berlin start-up Valsight has developed from the renowned Hasso Plattner Institute into a sought-after address for agile performance management. With its SaaS solution for driver-based planning and scenario simulation, Valsight has won customers such as Linde, Volkswagen Group, Siemens, Mercedes-Benz Group, Commerzbank, Thalia or DATEV.
With its simulation software Valsight addresses the enormous challenges faced by the controlling and strategy departments of many companies today. Sudden short-time work, unexpected production failures, or fluctuating market prices – these hard-to-predict factors can have a tremendous impact on financial planning and corporate management. Traditional methods and common business intelligence (BI) and financial planning software may not always be equipped to handle this rapidly changing market dynamics.
This is where Valsight comes in with its solution, offering companies the flexibility and transparency they need for agile and future-oriented corporate performance management.
With its specialized simulation solution, Valsight not only makes financial planning, forecasts, and what-if scenario simulations more transparent and flexible but also significantly more agile and faster. In this way, companies are provided with valuable insights at the touch of a button, and planning and decision-making processes are accelerated significantly.
"In times of high volatility, group controlling must be able to quickly respond to changing market conditions and other challenges. At Commerzbank, we therefore rely on the consistent digitization of controlling processes and use intelligent software solutions like Valsight."
Carsten Schmitt, Head of Group Finance, Commerzbank
"Valsight and its software solution optimize critical control processes in companies and help management 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 allows for faster and better evaluation of financial scenarios than ever before."
Julian Bürklein, Senior Investment Manager, neosfer
"The times are dynamic and volatile – standing still is not an option. To successfully steer in real-time, companies must always look purposefully into the future. Scenario simulation helps in this regard. And a software that uncompromisingly supports this approach. With Valsight, we provide evidence that corporate performance management and innovation are indeed compatible. We offer FP&A teams a solution that enables them to fulfill their strategic tasks at the pace and with the quality expected of them today."
Khai Tran, Co-Founder and Managing Director, Valsight
At the time of the investment, neosfer was still called main incubator – main incubator was renamed neosfer in 2022.
The neosfer GmbH, an early-stage investor and innovation unit of the Commerzbank Group, examines future technologies that are relevant to the economy and society. They promote and develop sustainable digital solutions and bring them to the Commerzbank and its customers for mutual benefit. This is achieved through three key areas: "invest," "build," and "connect." neosfer provides strategic venture capital for investments (invest), develops its own technologies and business models (build), and establishes ecosystems related to the sustainable and digital future of society (connect), thereby gaining access to innovations.
With a portfolio of currently 23 digital and sustainable start-ups, the company always looks to the future and continuously evolves. Several successful prototypes have already emerged from this portfolio and are being implemented within the Commerzbank Group. One example is the Lissi project, a blockchain-based identity network for self-determined identities. Through their own events, such as the monthly Tech Start-up event series "Between the Towers" and the IMPACT FESTIVAL, neosfer strengthens its network in the fields of innovation, venture, and sustainability.
neosfer GmbH is a wholly owned subsidiary of Commerzbank AG with its registered office in Frankfurt am Main, Germany.