startup toolkit germanyfunding and e!ciency matter to german startups*: of german founders use their...
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![Page 1: Startup Toolkit GermanyFunding and E!ciency matter to German startups*: of German founders use their own savings to fund their startup of German startups consider their product globally](https://reader033.vdocuments.net/reader033/viewer/2022053022/604d3d9434621d054e1d5cf5/html5/thumbnails/1.jpg)
The New Startup Toolkit #StartupTools
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What’s powering the growth of Germany’s startup economy?
T H E N E W G E R M A N S T A R T U P T O O L K I T
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Funding and Efficiency matter to German startups*:
of German founders use their own savings to fund
their startup
of German startups consider their product globally unique.
84% 44%
*German Startup Monitor 2016, BVDS and KPMG.
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J O I N T R E S E A R C H I N T O T H I R D P A R T Y T O O L S A N D H O W T H E Y H E L P G E R M A N S T A R T U P S G R O W A N D S C A L E :
TheFamily Builders Network
®
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Launching a startup has become easier and cheaper than ever before.
stated that third party tools have made it easier to launch a startup in Germany in the last
5 years.
stated that third party tools have made it cheaper to launch a startup in Germany in the last
5 years.
90%80%
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Tools are not only widespread, but can even be considered critical infrastructure.
stated that their startup could not exist in its current form today
without third-party tools.
use more than five third party tools for their startup.
65%74%
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0
18
36
54
72
28%34%36%
60%69%
Availability of tools Increased access to funding
Availability of talent
Increased mentorship
Government support
The availability of tools is the #1 factor that has made it easier to launch a startup, according to the respondents - way before government support.
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T H E G E R M A N S T A R T U P S T A C K
An ecosystem of cloud tools that are enabling German startups to scale on a pay-as-you-grow basis.
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W H A T B U S I N E S S A R E A S A R E M O S T L Y A F F E C T E D ?
0
14.5
29
43.5
58
29%
42%43%48%58%
Collaboration & Communication
Hosting & Data Storage
Analytics CRM Payments
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C R M
H O S T I N G A N D D A T A S T O R A G E
P A Y M E N T S
T E A M C O L L A B O R A T I O N & C O M M U N I C A T I O N
A N A L Y T I C S
M O S T C O M M O N L Y U S E D T O O L S :
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M A I N B E N E F I T S
0
16
32
48
64
29%41%
53%63%64%
Increased productivity
Reducedoperating costs
Easier to work remotely
Faster timeto market
Quicker product development
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C O N C L U S I O N
• A multitude of different tools and services have emerged that make it easier and cheaper for entrepreneurs to start and scale their business in Germany.
• The German startup community is running on an infrastructure of third-party tools that cater to two specifically German needs: cost-efficiency and product focus.
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Stripe conducted the survey in February and March 2017, in partnership with Techstars, TheFamily, Paua Ventures, Factory Berlin, and Builders Network.
R E S E A R C H B A C K G R O U N D
227 responses from startups were collected, with more than half (54%) coming from founders and entrepreneurs.