Business building
We are entrepreneurs. In the past 15 years, we have founded over 25 successful tech companies and led them to successful exits or IPOs. With this experience, we guide entrepreneurs, SMEs, corporates and investors in successfully building digital business models:
The focus of our work is on the identification and validation of value-generating digital business models and the stringent implementation in the interaction of product, marketing & sales, operations and organization. As a long-standing industry partner, we also know the special challenges of established companies in building disruptive business models and actively accompany critical project phases with regard to strategic planning, budgeting of investment decisions, as well as operational and cultural connection of existing and new organization.
Ideation
Development of innovative product/business ideas
Our multidisciplinary team with years of start-up experience conducts a thorough screening and evaluation of idea fields to develop innovative product and business ideas.
Range of services:
- In-depth market overview in the market environment under investigation
- Prioritized list of potential product and business ideas
- Detailed description of the most relevant business ideas along the dimensions of a Business Model Canvas
Business modeling
Development of a business concept based on a business idea
We test an existing product and business idea for marketability with potential customers and develop a hypothesis-based business case to quantify the expected revenues and costs. By elaborating an implementation roadmap, we plan the testing of the product and business idea on the market as a basis for the decision for further implementation.
Range of services:
- Product and business idea validated with potential customers
- business case
- Implementation roadmap
- Decision template
Validation / MVP
Validation of the product and business idea by means of MVP
We prepare the MVP, look for potential cooperation partners and launch your MVP on the market. We then process the feedback from your target group and sharpen your MVP to the point where nothing stands in the way of building and scaling it.
Range of services:
- Technically implemented MVP
- Core hypotheses of the business model of your business idea tested/validated by means of MVP
- Clear recommendation to continue or discard the idea
- In case of recommended continuation: Detailed planning of the full implementation and scaling of the idea (resources and financial requirements, project schedule, milestones, KPIs for success measurement, etc.)
Building & scaling
Implementation of your business model
We take care of all steps up to the start-up and beyond – from recruiting the founding team to setting up the organization and all legal processes. We support you in launching your business either as a project within the company or as a corporate venture.
Range of services:
- Launched business incl. organizational structures & legal processes.
- Proven, scalable business, incl. product, founding team and, if applicable, financing (deliverables)
Our Business Building success stories
Konrad is one of the founders of DevelopX and leads the company as Managing Partner. He founded DevelopX in 2019 as a partner of TruVenturo, one of Europe’s leading company builders in the digital space. Prior to founding DevelopX, Konrad was responsible for founding and scaling several tech startups at TruVenturo and realized several successful exits.
After studying materials science, Konrad worked for several years as an Engagement Manager at McKinsey & Company in Hamburg, advising companies in the manufacturing, high tech and chemicals sectors. Konrad holds an MBA from IESE Business School in Barcelona and lives in Hamburg.
As an engineer and passionate entrepreneur, Konrad works with companies in the energy, industrials and logistics sectors and advises our private equity clients in due diligence or portfolio optimization.
Before joining DevelopX in 2021, Armin spent more than 10 years as a manager/principal at the top strategy consultancies Bain & Company and the Boston Consulting Group (BCG), advising corporations, mid-sized companies and private equity funds on strategic issues and the operational implementation of measures. Armin also looks back on more than five years as Managing Director at Germany’s largest comparison portal CHECK24, where he successfully managed and scaled the property insurance division as well as the insurance center.
Armin holds a PhD from LMU Munich in Capital Markets Research, a Master of Business Research, a Diploma in Business Administration from LMU Munich and a degree from the startup and entrepreneurship school CDTM (Center for Digital Technology and Management) from LMU and TU Munich.
At DevelopX, Armin focuses on optimizing customer-related processes and digital customer journeys. He focuses on the Insurance & InsurTech and Banking & Fintech industries.
Prior to joining DevelopX in 2021, Chris had already gained entrepreneurial experience as founder of a start-up in the mobile fitness space and worked as Commercial Lead at an established software engineering boutique. There, he oversaw the implementation and evolution of complex digital products. Prior to that, Chris spent most of his career in management consulting, supporting clients in large-scale transformation and restructuring programs.
Chris studied technical physics at the Technical University of Munich. As a partner at DevelopX, he implements large-scale software development projects across industries and consults as an expert on the use of new technologies such as web3 or AI. Chris has a passion for decentralization and digital art.
Other business areas
Digital strategy and implementation
We specifically address the key value drivers of your business model and thus optimize your internal value creation and customer interactions. Our data-driven approach ensures measurable and sustainable results.
Software services
We develop individual software solutions for complex challenges. With flexible and scalable software services, we respond to the needs and budgets of our customers. With our 300+ software development experts, we build specialized teams for web and mobile applications through to cloud and data applications. We deliver software to the highest quality standards, quickly and on budget.
Portfolio and transaction consulting
As a long-standing digitization partner, we support private and institutional investors in identifying, quantifying and implementing digital growth levers during transactions or in their existing portfolio companies.