
B2X Care Solutions
Provides customer care solutions to consumer electronics companies.
- B2B
- saas
- subscription
- energy
- consumer electronics
- waste solution
- connected device
- hardware
- iot internetofthings
- computer vision
- artificial intelligence
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor investor investor | €0.0 | round |
investor investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
* | €6.3m | Late VC | |
Total Funding | 000k |
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | (6 %) | (23 %) | (33 %) | (23 %) | 36 % | 18 % | (2 %) |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | (12 %) | (7 %) | (15 %) | 2 % | 2 % | - | - |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | (20 %) | (14 %) | (19 %) | (2 %) | - | (2 %) | - |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
Related Content
B2X Care Solutions, founded in Munich, Germany in 2007, operates as a technology-centric provider of end-to-end customer care services for electronic devices. The company was established by Karim Barkawi, a management consultant who founded the Barkawi Group in 1994, an enterprise focused on supply chain innovation. His background in aerospace engineering and extensive experience in supply chain management have been foundational to B2X's strategy. Another key figure, Rainer Koppitz, served as CEO from 2016 to 2018 and brought decades of experience in business technology, SaaS, and BPO from leadership roles at Siemens, Dell, and British Telecom.
The firm's business model is rooted in the Business Process Outsourcing (BPO) sector, providing comprehensive after-sales support for mobile phones and Internet of Things (IoT) devices. B2X serves a global client base that includes electronics manufacturers, insurance providers, mobile carriers, and retailers. A significant milestone was in 2008 when it took over the warranties for Siemens Mobile. The company generates revenue by managing the entire customer care ecosystem, from front-end consumer interactions to back-end logistics and repairs. This includes managing financial flows and customer billing. Since its inception, the company has secured $34.4M in funding over five rounds from investors like Cipio Partners, Earlybird Venture Capital, and Grazia Equity.
At the core of its operations is the proprietary SMARTCARE Technology platform, which integrates a global network of over 400 service partners and thousands of data points to manage the customer service journey. This platform provides clients with real-time data and analytics to optimize service delivery. The company's service offerings are extensive, covering front-end solutions like the SMARTAPP for on-device support and SMARTWEB for self-help, to backend services including SMARTLOGISTICS, SMARTREPAIR, and SMARTPARTS. A key feature is the SMARTBAR, a concept for in-store, personalized support for both warranty and out-of-warranty issues. In 2014, B2X acquired The Service Solutions (TSS), an Apple-authorized service provider in India, a move that significantly expanded its footprint in a key growth market and enhanced its technology capabilities with TSS's cloud-based CRM system.
Keywords: after-sales service, customer care, business process outsourcing, consumer electronics, IoT devices, lifecycle management, supply chain, mobile device support, service platform, repair services
Tech stack
Investments by B2X Care Solutions
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