Customer Service Automation Software
Kunveno is a German B2B SaaS platform focused on employee engagement and appreciation, built for enterprise workforces of 100 to 5,000 or more employees. The company integrates with tools such as Microsoft Teams and enables teams to celebrate successes, give positive feedback, and measure how appreciated employees feel within their organizations.
Kunveno was spun out of Trumpf, a large German manufacturing company, in 2022 after three co-founders developed a prototype internally. Trumpf provided an initial six-figure investment in exchange for a 20 percent minority stake. As of August 2023, the company has five paying customers, monthly recurring revenue of $2,500, and annualized recurring revenue of $30,000.
The founding team of three is actively building a partner sales channel alongside direct cold outreach, and is targeting $60,000 ARR by December 2023. Kunveno is preparing to raise $500,000 at a post-money valuation of $2 million to $3.5 million, with plans to sell 20 to 25 percent equity in the round.