VALUEDESK

About VALUEDESK

Valuedesk GmbH operates as a provider of a performance management platform tailored for industrial medium-sized and large companies. Founded in April 2017 in Bielefeld, Germany, by Torsten R. Bendlin, Dennis Cutraro, and Ingo Roßdeutscher, the company aims to enhance operational efficiency and profitability for its clients. The founding was inspired by CEO Torsten Bendlin's direct experience as a corporate purchasing manager, where he identified a critical need for a more effective tool than spreadsheets to track hundreds of optimization measures amid intense market competition. The founding team combines diverse strengths in strategy, product development, and technology. Co-founders Dennis Cutraro and Ingo Roßdeutscher, both mathematicians, met Bendlin at the Founders Foundation, an incubator that provided crucial early support.

The company's core offering is a Software-as-a-Service (SaaS) platform that enables businesses to identify, plan, manage, and measure initiatives aimed at increasing EBIT, optimizing cash flow, and reducing CO2 emissions. This central system provides a unified view for various departments like procurement, production, and sales, fostering cross-departmental collaboration and breaking down organizational silos. The platform functions as an operating system for transformation and growth programs, replacing scattered spreadsheets with a single source of truth accessible across all business units. Its configurability allows it to adapt to a client's specific organizational structures, workflows, and approval processes without requiring custom coding, ensuring a rapid rollout within weeks. Valuedesk's business model is subscription-based, with clients licensing the platform based on user numbers or company size. Additionally, the company offers enablement packages and methodological support to ensure the solution is culturally embedded within the client's organization. Clients include prominent companies such as Phoenix Contact, Körber AG, and Dr. Oetker, primarily from sectors like automotive, mechanical engineering, pharmaceuticals, and process industries.

Valuedesk has secured significant funding to fuel its growth. A seed round in December 2020 raised €3.2 million, led by UVC Partners and several business angels. This was followed by a strategic €5 million financing round on November 11, 2024, with participation from existing investor UVC Partners and new partners NRW.Ventures and EnjoyVenture. This capital is earmarked for team expansion, with plans to double its size, and to advance a new technology project codenamed "Spark," which will focus on generating data-driven, personalized recommendations from internal and external data. The company operates in the global performance management software market, which was valued at $5.4 billion in 2023 and is projected to grow substantially.