Westphalia DataLab Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 53

Employees

  • Latest Deal Type
  • M&A

Westphalia DataLab General Information

Description

Developer of a data science software system designed to forecast product sales. The company's platform leverages artificial intelligence and machine learning to provide services that include forecasting, lead scoring, sales cockpit, operations center, and data management, enabling clients to obtain insights from their data and reduce inventory and personnel costs.

Contact Information

Website
www.westphalia-datalab.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • Regina-Protmann-Straße 16
  • 48159 Munster
  • Germany
Primary Industry
Business/Productivity Software
Other Industries
IT Consulting and Outsourcing
Database Software
Acquirer
Thyssenkrupp Materials Services
Vertical(s)
Big Data, Artificial Intelligence & Machine Learning
Corporate Office
  • Regina-Protmann-Straße 16
  • 48159 Munster
  • Germany

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Westphalia DataLab Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 07-Dec-2022 Completed Generating Revenue
5. Early Stage VC 28-May-2021 Completed Generating Revenue
4. Early Stage VC Completed Generating Revenue
3. Secondary Transaction - Private 23-Oct-2020 Completed Generating Revenue
2. Corporate 24-Jul-2020 Completed Generating Revenue
1. Joint Venture 01-Jan-2017 Completed Generating Revenue
To view Westphalia DataLab’s complete valuation and funding history, request access »

Westphalia DataLab Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a data science software system designed to forecast product sales. The company's platform leverages artific
Business/Productivity Software
Munster, Germany
53 As of 2022

Nicosia, Cyprus
 

Frankfurt, Germany
 
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Westphalia DataLab Competitors (3)

One of Westphalia DataLab’s 3 competitors is InData Labs Group, a Corporation company based in Nicosia, Cyprus.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
InData Labs Group Corporation Nicosia, Cyprus
Statworx Corporation Frankfurt, Germany
prognostica Corporation Wurzburg, Germany
You’re viewing 3 of 3 competitors. Get the full list »

Westphalia DataLab Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Westphalia DataLab Former Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds
F-LOG Ventures Venture Capital Minority
Fiege Corporation Minority
PwC Germany Corporation Minority
Remondis Corporation Minority
To view Westphalia DataLab’s complete investors history, request access »

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Westphalia DataLab FAQs

  • When was Westphalia DataLab founded?

    Westphalia DataLab was founded in 2017.

  • Where is Westphalia DataLab headquartered?

    Westphalia DataLab is headquartered in Munster, Germany.

  • What is the size of Westphalia DataLab?

    Westphalia DataLab has 53 total employees.

  • What industry is Westphalia DataLab in?

    Westphalia DataLab’s primary industry is Business/Productivity Software.

  • Is Westphalia DataLab a private or public company?

    Westphalia DataLab is a Private company.

  • What is Westphalia DataLab’s current revenue?

    The current revenue for Westphalia DataLab is .

  • Who are Westphalia DataLab’s investors?

    F-LOG Ventures, Fiege, PwC Germany, and Remondis have invested in Westphalia DataLab.

  • Who are Westphalia DataLab’s competitors?

    InData Labs Group, Statworx, and prognostica are competitors of Westphalia DataLab.

  • When was Westphalia DataLab acquired?

    Westphalia DataLab was acquired on 07-Dec-2022.

  • Who acquired Westphalia DataLab?

    Westphalia DataLab was acquired by Thyssenkrupp Materials Services.

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