Volders

Volders

A platform that helps users manage their personal contracts.

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DateInvestorsAmountRound
-investor investor investor investor investor investor investor

€0.0

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€0.0

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€2.5m

Series A
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR2016201720182019202020212022
Revenues0000000000000000000000000000
% growth--65 %29 %68 %--
EBITDA0000000000000000000000000000
Profit0000000000000000000000000000
% profit margin-(119 %)(121 %)(134 %)(23 %)--
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

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More about Volders
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Volders GmbH is a significant legal tech entity in the German-speaking markets of Germany, Austria, and Switzerland. Founded in 2014 in Berlin by Jan Hendrik Ansink, the company was initially established to address the founder's own need for a digital and convenient method to manage contracts. This personal pain point was the genesis for Volders, which officially launched its brand in November 2015. Ansink's entrepreneurial background includes co-founding and leading the virtual call center expertcloud, scaling it to over 200 agents. His experience in building digital products and companies has been central to Volders' strategic direction.

The firm's core business revolves around a contract management platform that simplifies administrative and legal tasks for consumers. Users can upload their contracts for services like mobile phones, insurance, and streaming, and the platform monitors terms and notice periods. The service, accessible via web and mobile apps for iOS and Android, provides a comprehensive overview of all contracts, sends timely reminders for cancellation deadlines, and facilitates the termination process. While the basic contract management service is free, Volders generates revenue through paid add-on services, such as sending cancellation letters by mail or registered post, and through commissions from new contracts signed via its integrated price comparison tool.

Volders has pursued an aggressive growth strategy, marked by key acquisitions that have consolidated its market position. In 2022, the company acquired its primary competitor, Aboalarm GmbH, a Munich-based cancellation service founded in 2008. This move created a market leader for contract cancellations in Germany, combining two platforms that had collectively served over ten million customers and were generating double-digit million-euro annual revenues. The acquisition strategy continued in 2024 with the integration of FINE Legal GmbH, expanding Volders' service portfolio into legal services such as enforcing air passenger rights and data protection claims. This strategic expansion brings together the brands Volders, Aboalarm, and FINE Legal under one roof, aiming to provide a holistic service for consumer rights and contract management. Keywords: Legal Tech, contract management, subscription cancellation, consumer rights, FinTech, acquisitions, digital administration, contract optimization, cancellation service, legal services

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Investments by Volders

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Aboalarm
ACQUISITION by Volders Dec 2022
FINE Legal
ACQUISITION by Volders Sep 2024