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Valuation · 2023

$2.5M

2024 Revenue

$54.5K(Est.)

Customers · 2023

5

Funding

$500K

Team

3

Founded

2022

Kunveno Revenue, Valuation & Funding (2024)

Kunveno generated an estimated $54.5K in annual revenue in 2024. Source: GetLatka estimate

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.

Last updated

Kunveno Revenue

Kunveno generated an estimated $54.5K in annual revenue in 2024.

Kunveno reported monthly recurring revenue of $2,500 as of August 2023, equating to $30,000 in annualized recurring revenue. The company closed its first deal in late December 2022, meaning it grew from zero to $30,000 ARR in roughly eight months. Dickel confirmed the $30,000 ARR figure directly, clarifying that the lower number reflects the fact that several of the company's 14 total customer relationships remain in a free trial period and are not yet generating revenue.

Kunveno Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$12.5K$25K$37.5K$50K$62.5K20232024$30K$54.5KSource: GetLatka.com
YearMilestoneSource
2024Kunveno Hit $54.5k revenue in October 2024Estimated
2023Kunveno Hit $30k revenue in August 2023Interview14:12[1]

Dickel told Latka that the target is to double ARR to $60,000 by December 2023, driven by converting trial customers to paid contracts and expanding the partner sales channel. The host noted that achieving $60,000 ARR at a $2.5 million post-money valuation would imply a forward revenue multiple of approximately 41.7 times, a figure Dickel acknowledged.

Kunveno Valuation, Funding Rounds

Kunveno reached a $2.5M valuation in 2023.

Kunveno has raised $500K in total funding across 1 round, with its most recent round in 2023.

Kunveno Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$600K$125K$1.2M$250K$1.8M$375K$2.4M$500K$3M$625K20222023$2.5MSource: GetLatka.com
YearRoundAmountValuationSource
2023Funding round$500K$2.5MNot recorded

Founder / CEO

Yannick Dickel

CEO

Kunveno was co-founded by three individuals who met while working at Trumpf, a large German manufacturing company. Yannick Dickel, confirmed as CEO, is 32 years old as of the August 2023 interview. He is married with one daughter. The three co-founders together hold the majority of the company, with Trumpf retaining a 20 percent minority stake.

One of the three co-founders is a full-stack developer with several years of professional experience who leads the external development team. Dickel noted that none of the founders had significant sales experience prior to launching Kunveno, which shaped their early go-to-market approach of cold outreach. The idea for the platform originated from observing how quickly company culture and team cohesion deteriorated during COVID-19 lockdowns at Trumpf, prompting the team to build an internal prototype before spinning it out.

Net worth was not discussed in the interview.

Q&A

QuestionAnswer
What's your age?35

Kunveno Leadership Team & Contacts

Yannick Dickel is the CEO of Kunveno. GetLatka tracks 1 person at Kunveno (1 founder, 1 executive), with job titles, tenure and LinkedIn profiles.

Kunveno executives and key employees with job titles, location, LinkedIn and tenure
NameTitlePositionLocationEmailLinkedInStartEnd
Yannick DickelCEOFounder, CEO-y.***@icloud.com---

How to contact Kunveno

Headquarters
Paulusstr. 4, Stuttgart, 70197, Germany
Website
kunveno.de

Verified work emails for the Kunveno people listed above are available to GetLatka members; public listings show a masked address only. Listed here and want your details removed? Request removal.

Kunveno Founder Interviews

One recorded interview with Kunveno. Every figure on this page that came from a recording links to the moment it was said; the full transcripts and chapters are on each interview page.

Recorded

How he spun his software out of a corporation and hit first 5 paying customers

Interview with Yannick Dickel, CEO

Key takeaways

  • Kunveno had 5 paying customers and 14 total organizations (including free trials) as of August 2023
  • MRR was $2,500, equating to $30,000 ARR at interview time
  • Average contract value is $12,000 per year at $2 per seat per month
  • The company was spun out of German manufacturing company Trumpf, which holds a minority stake of roughly 20%

Read the full interviewOpen the video page

Kunveno Competitors & Alternatives

The closest alternatives to Kunveno are Featurebase, Klu and DIGGLE. Kunveno generates $54.5K in revenue with 3 employees. Every one of the 20 alternatives below is compared with Kunveno on revenue, funding, customers, team size and founding year.

Kunveno vs its top alternatives

Kunveno is pinned as the first column so every figure is read against it. Blank cells are figures we have not verified, never zeros.

Kunveno compared with its top alternatives on revenue, funding, customers and team size
CompanyKunveno logoKunvenoThis companyFeaturebase logoFeaturebaseKlu logoKluDIGGLE logoDIGGLEFramework logoFrameworkClergo logoClergoFolyo logoFolyoSaas UI logoSaas UIReleaseNotesHub logoReleaseNotesHubWhosYourGuest logoWhosYourGuest
Revenue$54.5K$54.5K$54.6K$54.2K$54K$54.9K$53.5K$53.1K$56K$51.9K
Valuation$2.5MNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed
Funding raised$500KNot disclosedNot disclosedNot disclosed$11.7KNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed
Customers5Not disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed
Team size3322223113
Founded2022202020222016202020202011202220202016
HQStuttgart, GermanyEstoniaUnited StatesJapanAustraliaUnited StatesUnited StatesNetherlandsAustraliaColombia

Top Other Collaboration Software companies similar to Kunveno

  1. Featurebase logo

    1. Featurebase

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    Your central hub for collecting feedback & communicating updates.

    Revenue
    $54.5K
    Team size
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  2. Klu logo

    2. Klu

    United States · Other Collaboration Software

    Klu is a Generative AI app platform that simplifies the design, deployment, and optimization of AI-enabled applications.

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    3. DIGGLE

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    2016
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    4. Framework

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    Framework is an all-in-one tool for teams and individuals.

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    2020
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    5. Clergo

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    Clergo helps teams execute 10x faster

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    6. Folyo

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    7. Saas UI

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    The frontend stack for SaaS products

    Revenue
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    ReleaseNotesHub is a ubiquitous B2B\B2C SaaS solution that automates the generation and publication of release notes. RnHub is a market leader and valued by small companies and…

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    9. WhosYourGuest

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    WhosYourGuest is a company that provides guest reviews for the hospitality industry. They aim to improve customer experience in hotels and offer policies for the industry. They…

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    $51.9K
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    2016
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    10. DeepSource

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    We develop software focusing on simple and clear communication with the client and excellent code delivered with good documentation.

    Revenue
    $57.2K
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    2019
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    11. WorkTimes

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    Track your hours worked on iOS

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    $57.6K
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  12. iProd logo

    12. iProd

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    World first Manufacturing Optimisation Platform, the simplest way to increase your productivity using Cloud and IoT

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    $51.1K
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    13. Reader Mode

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    All-in-one reading, bookmarking, highlighting and research tool

    Revenue
    $50.6K
    Customers
    374
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    1
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    14. ExhibitDay

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    ExhibitDay is a free trade show planning, project management, and collaboration toolkit for event managers, exhibitors and trade show teams. ExhibitDay helps you manage your…

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    $58.6K
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    15. Nextern

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    Access real company experiences in a digital environment with Nextern, strengthen your CV and start your career one step ahead. Make a difference with company-approved…

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  19. HRBuildIt.ai logo

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    HRBuildIt, an AI-powered platform helping executives streamline HR, engage teams, and drive growth with tailored strategies. Boost productivity, align HR with business goals…

    Revenue
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    Revenue
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How Kunveno compares

Competitors were not discussed in the interview. Dickel positioned Kunveno against informal alternatives such as Slack channels and emoji reactions, arguing that those tools are adequate for teams of up to roughly 100 people but break down in organizations of 100 to 5,000 or more employees. No named software competitors were cited.

Kunveno vs the Other Collaboration Software market

Kunveno ranks #6,001 of 8,279 Other Collaboration Software companies by annual revenue, putting it in the top 72% of the market.

Companies tracked
8,279
Median revenue
$1.4M
Median funding
$5.8M
Median team size
11

All Other Collaboration Software companies ranked by revenue

Customers

Kunveno had 14 total customer relationships as of August 2023, of which five were paying customers. The remaining nine were in a free trial period. Trumpf, the corporate parent and initial investor, is also a customer.

The company targets organizations with 100 to more than 5,000 employees. Dickel confirmed that all five paying customers fall within that range. Pricing is set at $2 per user per month, and customers typically purchase packages covering 500 to 1,000 seats, resulting in average annual contract values of approximately $12,000. Contracts are structured as annual subscriptions. One of the five paying customers was sourced through the partner sales channel, signed in April 2023.

The free trial is offered at no cost, and Kunveno uses the trial period to demonstrate value by measuring employee engagement scores before and after adoption, typically over a two-month window.

Kunveno serves 5 customers.

Customers Kunveno has named publicly

  • Trumpf

Kunveno Business Model

Kunveno generates revenue through annual subscription contracts priced at $2 per user per month. With average seat counts of 500 to 1,000 per customer, average contract values land at approximately $12,000 per year. The company sells primarily to enterprise customers and structures deals in small, medium, and large tiers based on organization size.

Kunveno uses two sales channels: direct cold outreach and a value-added reseller or partner channel. Partners, including change management agencies and consultants, can sell Kunveno alongside existing client engagements and receive up to 20 percent of revenue for the first two years of a customer contract. Dickel noted that partner-sourced customer acquisition cost is fully variable, paid only upon a completed sale.

The company's primary cost driver as of August 2023 is external research and development. Kunveno has engaged an external development team at $25,000 per month for nine months, totaling approximately $225,000 in R&D spend. The external team consists of approximately 1.5 full-time equivalent contractors. Profitability was not discussed in the interview.

Point-in-time figures shared on the GetLatka podcast, each linked to the exact moment it was said on camera.

Customers (2023)

5

“Nathan Latka: How many of them are out of the trial period? Real paying customers. Yannick Dickel: Real paying customers, we've got five right now.”

Watch at 11:19

Free trials / month (2023)

14

“Yannick Dickel: Currently, we have 14 customers. Some of them are already paying, some of them are still in a trial period.”

Watch at 11:07

Kunveno Employees & Team Size

Kunveno has three full-time employees as of August 2023, all of whom are co-founders. In addition, the company engages approximately 1.5 full-time equivalent contractors, all working on engineering and platform development. Dickel indicated the company plans to bring at least one of those contractors in-house in 2024.

Kunveno employs approximately 3 people as of 2024.

Kunveno Team GrowthReported headcount over time012234202220232024223333Source: GetLatka.com
YearMilestoneSource
2024Reached 3 employees (October 2024)LinkedIn
2023Reached 3 employees (August 2023)Interview18:22[1]
2022Reached 2 employees (November 2022)Not recorded

Frequently Asked Questions about Kunveno

What is Kunveno's revenue?

As of 2024, Kunveno generated an estimated $54.5K in annual revenue.

What is Kunveno's valuation?

As of 2023, Kunveno was valued at $2.5M.

Who founded Kunveno?

Kunveno was founded by Yannick Dickel.

When was Kunveno founded?

Kunveno was founded in 2022.

Who is the CEO of Kunveno?

The CEO of Kunveno is Yannick Dickel.

How much funding does Kunveno have?

Kunveno raised $500K across 1 round.

How many employees does Kunveno have?

As of 2024, Kunveno had 3 employees.

Where is Kunveno headquartered?

Kunveno is headquartered in Stuttgart, Germany.

How do I contact Kunveno?

You can reach Kunveno through its website at kunveno.de. GetLatka members can also view verified work emails for the people listed on this page.

What companies are similar to Kunveno?

The closest alternatives to Kunveno are Featurebase, Klu and DIGGLE, all active in Other Collaboration Software. The profile compares each of them with Kunveno on revenue, funding, customers and team size.

What is the best alternative to Kunveno?

Featurebase is the closest alternative to Kunveno, generating $54.5K in revenue. Which alternative fits best depends on budget and company size, so compare all 20 alternatives before choosing.

Is Kunveno bigger than Featurebase?

Kunveno and Featurebase both generate $54.5K in revenue.

Compare Kunveno to the industry

Kunveno operates across multiple industries. Browse revenue, funding, and growth data for Kunveno in each sector below.

Full Interview Transcripts

How he spun his software out of a corporation and hit first 5 paying customersAug 29, 2023

Read the full interview and its transcript.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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