Successful Exit for HTGF: DocuWare Announces Acquisition of natif.ai
- With AI at the forefront of DocuWare’s product strategy, natif.ai’s technology further increases the competitive edge of the DocuWare platform.
- High-Tech Gründerfonds (HTGF) led the pre-seed round in 2020 as the first institutional investor of natif.ai and has actively supported the start-up on its path to becoming a leading provider in the field of intelligent document processing.
- Christian Arndt, Senior Investment Manager at HTGF: “The team of natif.ai has shown a great performance since our investment and has proven that leading AI applications can be developed and commercialized in Germany. We wish both the team and the buyer a successful future together.”
DocuWare, a leading provider of document management and workflow automation solutions announced its acquisition of natif.ai, a pioneer in intelligent document processing. As part of the strategic acquisition, HTGF, one of Europe’s leading seed investors, will sell its shares.
This is a highly significant and strategic acquisition for us. It allows us to provide our customers around the world with cutting edge AI technology, which is vital to business growth and progress. Combining the expertise of the natif.ai team with ours will take DocuWare to the next level as an ECM leader.
Dr. Michael Berger, DocuWare President
With highly compatible corporate cultures, DocuWare welcomes the new energy that a startup will bring to its organization. natif.ai is wholly owned by DocuWare and will operate as an independent legal entity within the company. Its executives and employees will become part of the DocuWare Group. Post acquisition, DocuWare plans that natif.ai and its expert team will remain in the AI hotspot of Saarbrücken, Germany.
We are excited to take this giant leap forward and become a part of the DocuWare Group. Our core driver has always been to accelerate and sustain growth through technology. The expertise of our combined teams will take DocuWare to another level as an ECM provider. These are exciting times, and we are excited to be a part of the change.
Johannes Korves and Manuel Zapp, both Co-CEOs of natif.ai
It has been a pleasure for us to accompany natif.ai since its pre-seed round through its successful journey to becoming one of the leading providers in the field of intelligent document processing. The team has proven that leading AI applications can be developed and commercialized in Germany. We wish both the team and the buyer a successful future together.
Christian Arndt, Senior Investment Manager at HTGF
