Tag: startups

Communication is everything! – The speech therapy app developers Neolexon at WERK1

We need to talk. All of us. Speaking is our connection to the world. But for many people this is “easier said than done”. How important this is for our everyday lives is particularly noticeable when, for example, a stroke causes our ability to speak to be lost and we have to struggle our way back into the world of acoustic communication. The WERK1-Startup Neolexon helps – with the most modern speech therapy app on the market.

Practice – the key to therapeutic success – Actually

The German Society for Neurology recommends 10 hours of speech therapy per week. The reality is different: In therapy, patients usually practice just one hour per week. Far too few and current offers are not tailored to everyday situations. Hanna Jakob found a solution to this problem. When she worked as a speech therapist in a clinic during her speech therapy studies, there was often not even time for this so important exercise session, because the patients first had to train the swallowing reflex. Also the already existing therapy-accompanying apps were not user-friendly and therefore not very helpful. Based on current research results, Hanna founded Neolexon in 2017 together with her speech therapist colleague Mona Späth.

Neolexon – Smart language training

The digital speech therapy system Neolexon includes an app for therapists as well as a self-training app for patients and is certified as a medical device. It is based on a unique database with around 10,000 practice terms with associated images and pronunciation video clips. From this, speech therapists can create an individual set of terms that are best suited to the patient in terms of both therapeutic aspects and everyday relevance. With this scientifically based, highly flexible system, Neolexon clearly stands out from other language training apps. In addition, many motivational elements are included to make practicing at home fun and effective. The neolino version for children with articulation disorders followed in April 2019. The two founders do not run out of ideas for other fields of application so quickly – also thanks to their close ties to the Institute for Phonetics and Speech Processing at the LMU Munich.

Make Neolexon fly

Now, however, it is a matter of bringing the existing system to the man and woman. Due to different interest groups such as therapists, patients, relatives, clinics and health insurance companies, Neolexon has to act on many different levels. The latter are the most important and at the same time the most complex project. Neolexon has already completed its first major milestone: the inclusion of neolino in the Techniker Krankenkasse program.

Come to WERK1 to stay (as long as possible)

After several funding programmes such as EXIST and FLÜGGE, the start-up team of four now stands on its own two feet. After the first phase at the university, they were able to move to WERK1 “at very short notice”, as Hanna, still visibly relieved, says. The combination of their own office plus exchange with other start-ups – either in WERK1’s everyday life or at various in-house events such as “AfterWERK” – forms the ideal growth environment for them. And if Neolexon’s space requirements grow accordingly in the near future, WERK1 will definitely provide a solution. Hanna is sure of that. She and her team definitely don’t want to leave here so quickly! In return, they are one of the few Medi-Startups who diligently contribute to the diversity in the WERK1 community.

Startup: Neolexon
Contact: info@neolexon.com
Website: www.neolexon.de

Limehome – A WERK1 Startup Revolutionizes the Hotel Industry

Anyone who is on business from time to time knows the problem: If the population of the city visited falls below 700,000, the hotel landscape quickly looks gloomy. What is available is expensive and often not convincing from a qualitative and aesthetic point of view. The WERK1 startup Limehome solves this problem.

SPARE HOME INSTEAD OF HOTEL

Limehome offers business travellers and tourists fully equipped apartments as a feel-good alternative to an impersonal hotel. Thanks to a specially developed, tasteful and high-quality design concept, every guest feels at home. Limehome Apartments are currently located at 14 locations in Germany. Above all in so-called “B-cities” such as Aachen, which with one million overnight stays has an appreciable demand that is nevertheless unprofitable for large hotel chains as a location. These markets would be predominantly served by aging family hotels á la “Goldener Hirsch”, as the two Limehome founders Lars Stäbe and Josef Vollmayr aptly call them.

HOTELBUSINESS RETHOUGHT

As former McKinsey consultants, they knew exactly where to start with the classic hotel business model in order to open up a promising niche. Everything that doesn’t have to be done directly on site is controlled centrally from the Munich office. The electronic access system, with which the guest can check in independently at any time, replaces the cost factor of service personnel. Cleaning is carried out by a local service provider. A “state-of-the-art”- IT department coordinates all internal and external interfaces. And last but not least, a sophisticated, agile pricing system ensures a workload far above the industry average. “Instead of the usual 53 percent for February, we are currently at 78 percent,” explains Josef.

Thanks to this highly efficient business model, the company is also much more flexible in real estate acquisition. Limehome does not need 150 bed units to be profitable. Instead, normal commercial units, which are often vacant in B-cities, are used to accommodate the ideal number of 10 to 20 apartments.

WERK1 – REAL COMPANIES ARE CREATED HERE

The founders already had the idea for Limehome during their time at McKinsey. After a first test run at the beginning of 2018 and a successful seed round in the autumn, they got off to a full start. To date they have been able to arrange over 2,000 overnight stays – and with more than 20 employees they are already reaching the limits of their WERK1 office space. But it will be used as long as possible! Even before the official foundation, Lars and Josef applied for an office space in WERK1. Although already in the concrete implementation phase, Lars, Josef and their team like and appreciate the strong community in WERK1 very much. Completely different from the coworking space in the city centre, where they were first located for a short time, here in WERK1 there is exactly the atmosphere that such an ambitious startup needs. After all, the number of locations and employees is set to double in 2019. In this sense, the WERK1 neighbourhood perfectly reflects the permanent condition at Limehome: many, many construction sites … and an exciting future!

CAREER AT LIMEHOME?

Do you want to help shape this future? Take a look in there Limehome-Career Portal!  

WERK1 - Resident - limehome - Logo

Startup: Limehome
Website: https://www.limehome.de/
Contact:info@limehome.de

ArtMasters at WERK1 – From management consultant to the host of creative events

In WERK1 they are the “colourful bird” among the start-ups, in real life Alexander Eloe and Oliver Breiter and their team bring colour into the everyday life of many people who want to change the way they work, organize team events and the like: With so-called “paint parties”. The ArtMasters are probably the only startup in WERK1 that knows painting and creative techniques very well. And that although the founders themselves have no artistic background at all. What is the motivation for founding a start-up and what is ArtMasters’ recipe for success? We asked co-founder Alex these and other questions over a cup of coffee in the WERK1 Café.

Creative experiences for everyone

The idea is quickly explained: The ArtMasters Oliver and Alex, with the help of their team of talented and trained artists, throw varied creative parties in unusual locations. Their mission is on the one hand to create creative experiences and on the other hand to bring different characters together in a relaxed atmosphere. Under professional guidance, the participants can draw a motif of their choice or create their own version. There are no limits to the artistic freedom within the ArtMasters event – previous knowledge is also not necessary.

From management consultant to founder of ArtMasters

But how do you even come up with the idea of setting up your own start-up from a management consultancy and then still have a creative background? The two former management consultants picked up the first impulse during a joint business trip to the USA. “The Americans are already a bit… crazy,” laughs Alex, who wasn’t so sure at the beginning whether this kind of leisure activity would be popular in Germany at all. However, what was created “on a whim” and as a “possible alternative to management consulting” was put into practice within a crisp three months. The two entrepreneurs are now working full-time with a permanent team at their startup: around 70 artists and around 10 team members, who support the managing directors in all aspects of event planning, technology, marketing and co.

Quality & satisfaction are the keys to success

In the selection of the artists, the ArtMasters take it very seriously. Because talent alone is not enough. Alex and Oliver attach great importance to exciting personalities with suitable social skills – they have to be patient, with a talent for entertainment and at the same time helpful teachers. So the ArtMasters crew takes the time to check out new applicants beyond their abilities with brush and canvas. So they come up with a colorful potpourri of professional painters with their own gallery, eager art students and talented hobby artists – who provide a lot of variety at events.

What the ArtMasters can do, others still can’t do for a long time: In addition to the classic post-production motifs, the demanding founders are constantly expanding their range with original offers. Recently, craft-savvy participants have also been able to book “photo transfer” events, for example: Here the own favourite photo is transferred in manual work to objects such as a wood block. In addition the participants can let off steam with coal and pastel colors on different canvas sizes. Exactly by this alternation and the selection of qualitatively high-quality utensils, like large canvas, good colors etc., the ArtMasters want to differentiate themselves clearly from the competition on the market.

ArtMasters feel at home in WERK1

Marketing is enormously important for long-term growth: And it is not only in this respect that start-ups need to bundle knowledge from the various areas. And that is exactly what the ArtMasters at WERK1 like as a location, Alex tells us. “We like to use WERK1’s Academy offerings – that’s a big advantage.” The ArtMasters also greatly appreciate the flexible coworker network. The opportunity to exchange ideas if one area lacks understanding. “This is very practical, for example, if you need support with programming.” They would just have to have more space – because the creative startup is all set for growth.

Full speed into the future

The confident founders have precise ideas about the future: They want to make their product and brand known beyond the borders of Germany. They have already taken the first step: after Hungary, Austria and Switzerland should now also be infected with ArtMaster art fever.

But the Munich location also brings with it problems for them as a start-up: “It’s already difficult to find suitable people in Munich. The big corporations absorb a lot.” And then there’s the topic of finance. To date, ArtMasters has been financed by a private investor and its own resources. Whether this will change in the near future with the help of another investor will be seen. But what is certain: The team wants to continue its expansion course at full speed.

WERK1 - Resident - ART MASTERS - Logo

Startup: ArtMasters
Website: https://www.artmasters.co/
Contact: info@artmasters.co

INSURTECHHUB MUNICH STARTS FOURTH EDITION OF W1 FORWARD INSURTECH ACCELERATOR

Starting now, applications are being taken for InsurTech Hub Munich’s W1 Forward InsurTech Accelerator until 7thMarch 2019. Existing since 2015, the eight-weeks program is designed for early-stage cross-industry international startups that want to make an impact on the insurance business with their digital solutions. It includes workshops, one-on-one mentoring and coaching sessions. Startups are assisted in becoming experts in insurance and turning  validated entrepreneurial ideas market- and investor-ready, building pilots with InsurTech Hub Munich’s (ITHM) corporate members.

“We’re looking for true disruptors, people who think big and outside the box”, says Manuel Holzhauer, ITHM’s Managing Director. “Established insurance companies are starting to realize their biggest competitors are no longer their industry peers, but rather the Tech Big 5 or Insurtech unicorns. Therefore cross-industry ideas are more than welcome”. He points to the hub’s services for startups: “We can offer access to a huge network of mentors, coaches, investors and allies both within the industry, in universities and with our startup alumni. But our true USP is the unparalleled access we provide startups to our fourteen insurance members.” ITHM’s partners range from international insurance market leaders to local champions and cross-industry players like PwC and Roche.

STRONG NETWORK OF PARTNERS AND ALUMNI

W1 Forward InsurTech Accelerator is performed in cooperation with WERK1, ‘the most start-up-friendly place in Munich‘, a startup hub funded by the Bavarian ministry for economic affairs promoting the regional startup ecosystem. Funded by both its partners and Bavarian Ministry of Economic Affairs, Regional Development and Energy, ITHM hosts events, networking opportunities, knowledge-sharing workshops or meetups and partners with internationally renowned events like the Digital Insurance Agenda (DIA) Conference

Once startups have reached a later stage, the second of ITHM’s accelerator programs, InsurTech Europe powered by Plug&Play, assists them in the scaling phase. ITHM works closely with fifteen other digital hubs (de:hubs) in Germany, each focused on their own vertical, aimed at putting Germany on the global digitization heatmap. W1 Forward InsurTech Accelerator alumni include Road Safety startup Kruzr, which has secured a $1.3M seed fundingrecently or Munich-based e-bot7, specializing in Artificial Intelligence solutions for Customer Service.

Registration & further details:

THANKS FOR AN AMAZING YEAR 2018 – WE’RE LOOKING FORWARD TO MORE ADVENTURES

A great year is coming to an end for all of us at WERK1: 29 new startups moved in over the year and the number of coworkers more than doubled in just one year from 74 to 130. Thanks to the new Slack Channel and a freelancer platform, both sides profit more from each other than ever before. With a new coworking space and Office RnD as a tool, we have put the infrastructure on a completely new level and set the technical foundation for the “Perks & Benefits” program introduced in autumn. With the hiring of Tina, the WERK1 mentoring program has also been launched. In addition, we have organized over 200 events for the community in the house.

WERK1 TEAM IST GROWING

The WERK1 team also grew very strongly in 2018. Especially due to the development of the new InsurTech Hub here in the company, 22 people are now working here from the café to startup support.

SUCCESSFUL ACCELERATOR PROGRAMS

In addition to start-up support and coworking, the accelerator programs are an essential part of the work at WORK1. After the successes in the InsurTech area, we discovered Digital Health as a new topic for us in 2018, based on the successful launch of the “Future X Healthcare Event”. Together with Roche, one of the leading companies in the healthcare industry, and Plug and Play, the world’s largest provider of accelerator programs, we launched the first Digital Health Accelerator for Munich.

The startups spent five months working on their projects out of WERK1 with the help of mentors. And we weren’t lazy when it came to InsurTech either: In 2018 we carried out the 4th batch of the successful W1 Forward InsurTech Accelerator together with the InsurTech Hub Munich and the participating insurers.

The special feature of this batch was that it was almost twice as large as its predecessors. 75 startups applied for the programme this year. Nine international teams, including one from Australia and two from India, were selected in the end.

The requirements for this batch were greater, from start to finish. The recruiting process alone was more complex and international than ever. In the meantime, word has spread about our concept from Munich. This is a great signal of what a worldwide attraction we have developed.

Around €50,000 were invested in each startup in the form of infrastructure, top-class mentoring and direct links to more than a dozen globally active insurance companies. This “all-round carefree package” turned ideas into scalable business models in no time at all.

FIRST STARTUP SAFARI IN MUNICH

WERK1 did not only become an important partner of the first Startup Safari in Munich, but also the main sponsor and host of about 20 sessions and the pre-opening party, as Daniel Kilger, the creative director of the event, put it.

An expedition through the whole ecosystem of the startup scene should be it. From 23. to 26.10. participants could put together their individual program with only one ticket from a timetable of 75 sessions at 25 startup friendly locations in the city according to their personal interests. Well over 80 partners from the startup scene as well as from official authorities, initiatives and media were involved. Among them were many big players, famous and aspiring startups like Flixbus, Celonis or Freeletics, big investors and accelerators, up to global corporations like Google.

GAMES/BAVARIA AT WERK1

This year was also a great year for our games team. Robin & Robin from Games/Bavaria here at WERK1, went to Zurich to the Ludicious together with a group of developers, celebrated the tenth GameCamp, had a great, fully booked gamescom in Cologne, curated and opened an exhibition in Nürnberg and were able to connect many applicants and vacancies with the Career Day at WERK1.

LOOKING FORWARD TO NEXT YEAR

Today, we would like to thank all our residents, partners and supporters! It is only because of you, your dreams and your commitment that our vision of the “most startup-friendly place in Munich” comes to life. And already now, we’re looking forward to our new adventures in the coming year. For now, let us celebrate what we have achieved.

The WERK1 team will take a break from Dec 24 through Jan 6 – we are looking forward to meeting all of you again next year.

Demo Day at WERK1: Nine startups present their vision for a modern insurance industry

9 start-ups. Around 60 mentors. 13 insurance partners. 8 weeks. One could almost call it a small boot camp of the startup scene, which took place in the last weeks here in the rooms of WERK1. The result: Nine innovative solutions that could advance the future of the digital insurance industry. With the live presentations of the international teams the third batch of the W1>> InsurTech Accelerator ends successfully.

You’ve invested your heart and soul in the last eight weeks. But for most of the participants in the batch, that also meant less sleep and more coffee. But days like this are the reward for the hard and intensive working hours, because there was a lot of interest in their projects. The Eventspace: Full to bursting with almost 200 enthusiastic startup colleagues, investors, insurers and the curious.

W1>> INSURTECH ACCELERATOR BATCH 3

The special feature of this batch is that it is almost twice as large as its predecessors. 75 startups have applied for the program this year. Nine international teams, including one from Australia and two from India, were selected in the end.

“The demands on this batch were greater, from start to finish. The recruiting process alone was more complex and international than ever before. In the meantime, word has spread about our concept from Munich. That’s a nice signal of what a worldwide attraction we’ve developed.”

Dr. Florian Mann, CEO WERK1

Around €50,000 was invested in each start-up in the form of infrastructure, top-class mentoring and direct links to more than a dozen globally active insurance companies. This “all-round carefree package” turned ideas into scalable business models in no time at all.

After interviews on stage with the W1>>team members and a short speech by Tom Van den Brulle, Head of Global Innovation at Munich Re, the startups got serious. Each team had exactly five minutes to present its own project to the experts present. Here are a few examples of the presentations:

ANYONE CAN AND IS ALLOWED TO PITCH

Ayan Srivastava presented with a video the app Kruzr, which turns the smartphone into a driving assistant. The Kruzr language assistant could become a helpful co-pilot, e.g. by warning in case of increased speed or bad weather conditions, by suggesting breaks after longer driving times, or by simply managing incoming messages. The aim is to significantly reduce the number of car accidents.

The next step was the intelligent health platform Docyet, which can not only talk to the patients, but also has appropriate solutions for their problems with the help of artificial intelligence. Petra and Samuel von Freya discussed the topic of human fertility and possible insurance benefits, and Marguerite from MedPayRx explained how Blockchain technology can help patients buy medicines online in the future. At the end of the presentations everyone received a certificate. For Gilberto from Sydney it was a nice memory of an exciting and intense time.

„Since the first day I came for demo day, I felt like: this is the place. It was a really intense time, but I always wanted to get the most out of it! It was a huge opportunity to speak directly with a collection of insurance companies and it has really opened a lot of doors for us.“

Gilberto Spencer CEO & Gründer von Claimspace

The hard work was worth it. All nine start-ups have mastered their presentations on stage with confidence and professionalism. Program coordinator Daniel Nowack is very satisfied after the pitches, almost a bit sentimental.

“It was an incredibly dynamic cohort with whom it was a lot of fun to work together. Everyone could learn from everyone. On a day like today, seeing startups present themselves self-confidently who were previously very insecure is a huge gift!

A SUCCESS FOR THE INSURERS

The W1>> InsurTech Accelerator connects the world of startups with the world of large insurance companies and not only the founders benefit. Johannes Wagner revealed us at the Demo-Day:

“For our insurers, it is a constant competition for premium innovations. We have to get to the top issues worldwide. W1>>InsurTech is a collection basin for this. Here we have access to premium innovations, not from Silicon Valley, but directly from Munich”.

Johannes Wagner, Vorstand InsureTech HUB München / Leiter Start-up Corporation Versicherungskammer Bayern

Besides interviews, speeches and pitches there was of course enough time for celebrations and networking. At small booths each startup could introduce itself to interested visitors in the WERK1 Café and have a drink to discuss the ideas of the startups in more detail. Our evening ends at the booth of Freya and with the beautiful words of founder Petra:

„It was a unique program. We love it here in Munich. WERK1 has a super friendly atmosphere, we feel like home!“

FIRST DIGITAL HEALTH ACCELERATOR IN MUNICH FROM ROCHE, WERK1 AND PLUG AND PLAY

WHAT IS BEHIND THE DIGITAL HEALTH ACCELERATOR PROGRAM IN MUNICH?

Based on the successful start of Future X Healthcare Event (www.fxh2017.com) initiated by Roche in November 2017 we combined the power of Roche, leading the healthtech industry with WERK1 and Plug and Play, the world’s largest Accelerator and established  a new Digital Health Accelerator at WERK1

The main idea of the program is to provide a learning and exchange platform between Digital Health startups and experts in this field. Everything turns around passion. Whatever business you set up, you must have a passion for it and this is exactly what the Digital Health Accelerator Program aims. By involving genuine startups into our program, we are not discovering the healthcare future but creating a new one. Together we are moving forward to the future.

“For large corporations, one of the key opportunities of working with startups is to iteratively develop solutions in an agile way. In the Batch Zero of the Digital Health Accelerator Roche is co-creating solutions with 5 transformative startups from all over Europe in WERK1, which is provides the ideal environment for it.”.Jochen Hurlebaus – Program Head of Digital Health Accelerator and Head of Innovation Management at Roche Diagnostics

W1 Forward Digital Health Program is a tailored five months program, that helps startups to explore the market insights and learn during the first, intense four weeks (exploration phase) and in the next four months (co-creation) to work systematically on joint use cases with Roche Pilot “Owners”.

“The Roche Digital Health Accelerator Program promises to become one of the few successful accelerators I have seen in the last decade. In my eyes, the reason is that the people behind the program are driven primarily by curiosity and not by self-interest. It goes without saying that this interest must be served too – but rather as a consequence than as sole purpose of the program. This attitude is key for fostering novel business models.”
Dr. Benedikt Zacher – Mentor

Currently there are five startups working in the program:

1. Fibricheck

Fibricheck is a medically certified screening and monitoring application on prescription for the detection of irregular heart rhythms, including atrial fibrillation

2. inveox

Inveox provides automation of sample preparation in Histopatholog

3. Medicus.ai

Medicus.ai is an AI-based platform that explains and interprets medical reports and health data, turning numbers into meaningful insights

4. SagivTech

SagivTech provides research and development solutions in the fields of computer vision, machine learning and deep learning as well as hard-core code optimization for various hardware platforms.

5. StethoMe

StethoMe is the first medical diagnostic device of its kind – one that monitors the respiratory system and measures body temperature in a precise but user-friendly way.

PHASE 2 BEGINNT

The Exploration phase of the program has just ended and during the past four weeks all participants could dive into mentoring sessions, networking moments, setting their business/pilot goals and having lots of insights.

We, at SagivTech, are extremely happy with the opportunity to be a part of Batch Zero of the Digital Health Accelerator of Roche, WERK1 and Plug and Play. The mix of great mentors, valuable connections and good advice is unique. The W1 team provides a great back wind for our activities and the intense sessions help us focus and sharpen our product development process. We enjoy excellent facilities, meetings with high rank technological and business leaders and view our participation in the Digital Health Accelerator as a crucial asset!
Chen, Co-Founder of SagivTech

Now, we are currently working in the co-creation phase for the next four months: teams are focused on working with Roche Pilot Owners and other expers in order to bring their use case to the next level.

“Based on startups needs and Roche Pilot Project requirements” we’ve just set up activities for the next phase and we’are happy to to create a bridge between these two worlds and help them to to work together on novel solutions.
Anastasia Stoycheva, Business Development Manager WERK1

At the end of the Co-creation phase, they will present their pilot project during the Demo Day, which takes place on June 7th in Munich.

More information about the program and startups: www.werk1.com/digitalhealth

DIGITAL HEALTH MEETS INSURTECH – MEET THE ARCHITECTS OF OUR FUTURE HEALTHSYSTEM

It’s not often that we start sweating before an event. But for the event “InsurTech meets Digital Health” we were pleasantly surprised at first by the number of registrations, but in the meantime we were afraid that we would not be able to offer space to all interested parties. In the end, however, we presented ourselves once again in WERK1 as a competent host.

INSURTECH MEETS DIGITAL HEALTH

But from the very beginning, InsurTech and Digital Health have a firm place in the WERK1 thanks to our W1>>Forward programs – what could be more obvious than bringing the two worlds together and this is exactly what we did. On February 19th, together with our partners, the InsurTech Hub Munich and Roche, we organized the first official meetup for the digitization of the insurance and healthcare industry at WERK1. With over 350 registrations – including a waiting list of 70 people – we were afraid that we would not be able to accommodate all interested participants. But we didn’t have to turn anyone away, and in the end all of them were accommodated in our event space, which was filled to the last seat.

FROM THE PITCH TO A PANEL DISCUSSION

The stage initially belonged to four up-and-coming startups: Fibricheck, Ottonova, SkinVision, Teleclinic, some well-known names in startup communities and all of them pitched their concepts in front of assembled experts. These came partly from large companies in the industry, but also from potential investors. Short keynotes from Munich Re and Schön Klinik gave an insight into the current challenges facing both sectors. In the following expert panel, moderated by Dr. Dominik Pförringer, Benedikt Zacher – CEO of BK Ventures, Dr. Jochen Hurlebaus – Head of Central R&D Services – Innovation & IP Management at Roche Diagnostics, Carol Wildhagen – CEO and co-founder of Ariana Health and Dr. Regina Vetters – Head of Digital and Innovation bei BARMER discussed the need to digitalise both industries and gave tips on how to be successful in their field of business. All in all, a round program in which almost all those present found themselves in one way or another.

Around 9 p. m. the official program was over and everyone who was present could enjoy a nice round of snacks and drinks. There was also time for networking and direct exchange among each other.

We are looking forward to continue to provide new impulses for the insurance industry and the health care sector from WERK1 with creative startup concepts and a platform for direct exchange. Our WERK1 community can only benefit from this as well.

EVENT FEEDBACK

Thanks to organization via Meetup we got a lot of interesting feedback directly after the event – thank you very much. Here are some excerpts: