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ROQ Technology
An innovative platform to build, launch, and operate web applications used by SaaS entrepreneurs and enterprises to boost their digital projects
About ROQ Technology
ROQ Technology, founded in Berlin in 2020 by Fabian Wesner and Tim Niemeier, initially began as a technology consulting boutique. The company has since evolved, now providing a software platform that enables developers to build, launch, and operate web applications. This platform offers pre-made code snippets and a suite of tools to accelerate the development process for various business models.
The founders bring extensive and relevant experience to the company. Fabian Wesner previously served as CTO at notable tech companies like Rocket Internet, Project A Ventures, and Spryker Systems, where he was also a co-founder and architect of e-commerce platforms. Tim Niemeier also has a background as a CTO at Rocket Internet and has experience scaling ventures and working with corporate infrastructures at companies like Swisscom and Bosch. Their collective expertise in building scalable e-commerce systems and managing large tech projects underpins ROQ's offerings.
The business operates on two main fronts: a primary software-as-a-service (SaaS) model and technology consulting. The SaaS product provides a backend platform with features for database management, authentication, authorization, and monetization, designed for multi-tenant and multi-role applications. This is complemented by their consulting services, which include project leadership for complex e-commerce initiatives, technology assessments, team building, technical due diligence for M&A, and project rescue for troubled implementations. The company serves enterprises with complex e-commerce needs, assisting with re-platforming, marketplace transformations, and large-scale B2B/B2C projects.
In June 2021, ROQ Technology secured a significant seed funding round of approximately €9 million ($10.9 million) from Flash Ventures, a fund associated with Rocket Internet. This investment was intended to fuel product development and the expansion of their global team.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCOther financing | Jun 2021 | $11M | $44M | Flash Ventures | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for ROQ Technology is 400 monthly website visits, down 81% over the last three months. ROQ Technology's team declined 33.3% over the past year.
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Investments and acquisitions
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Flash Ventures
Other known investors1 additional known investor
- JWJohann Nordhus Westarp
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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