Masterplan.com secured €6 million in Series A financing in a round led by Tengelmann Ventures

Masterplan, a Bochum, Germany-based provider of a SAAS for B2B training services, announced the completion of a €6 million ($7M) Series A funding.

The round was led by Tengelmann Ventures, with participation from DvH Ventures - Dieter von Holtzbrinck Ventures GmbH, ex-Bertelsmann CEO Gunter Thielen, Monkfish Equity, Thomas Bachem, Feliks Eyser and Fedor Holz.

Masterplan, founded in 2017 by Stefan Peukert and Daniel Schütt, provides via Masterplan.com a training platform with the aim of digitizing the German economy. The platform provides every employee – whether Digital Native or Digital Immigrant – with video content to understand technological changes, promote digital action and reduce prejudices.