Predict your next investment

November company logo
INTERNET | Internet Software & Services
november.de

See what CB Insights has to offer

Founded Year

2016

Stage

Series A | Alive

Total Raised

$5.8M

Last Raised

$3.5M | 3 yrs ago

About November

November offers a contemporary offer for funeral care and burials from a single source. November develops an individual funeral plan with its customers. In the event of death, November will take the necessary steps in cooperation with a Germany-wide network of traditional survivors on the basis of the recorded planning.

November Headquarter Location

Adalbertstr. 8

Berlin, 10999,

Germany

030-120-859-46

Latest November News

Assisted-living tech provider Careteq raising $4m ahead of IPO

Jul 19, 2021

Share Assisted-living technology innovator Careteq is tapping investors for $4 million in pre-IPO funding ahead of a planned listing in November. The business, which has created a range of products including a radar-based sensor that provides continuous non-invasive monitoring to detect falls, movement patterns or if anyone else is in the room as well as a mobile personal alert device, is calling for firm bids by Wednesday. Careteq is raising a $4 million convertible note ahead of an IPO later this year. The offer apparently comes at a 20 per cent discount to its expected IPO price and will take the form of a convertible note, with the conversion to equity able to take place during the listing. It also carries 6 per cent interest per annum. Silver Cloud Advisory is advising Careteq, while HWL Ebsworth is the law firm involved. Advertisement The funds will be predominantly used to drive sales growth, support IPO preparation and working capital, fund product development and the acquisition of medication management solutions company Ward MM. Led by Peter Scala, Careteq generated $6.3 million in pro forma revenue for the 2021 financial year and has forecast $8.5 million in revenue for 2022 - representing a 35 per cent revenue growth rate. Before tax, it recorded a $1.4 million loss in 2021. Alium Capital owns 17.9 per cent of the business, board and management make up 9.7 per cent and Deakin University has a 7.8 per cent stake. Get a first look at tomorrow's headlines Sign up to the Street Talk First Look newsletter

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

November Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

November Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.