Munich-Based e-bot 7 Was Acquired for More Than 50 m US$
- Juan Diego Parra Castillo
- 2 days ago
- 3 min read
Artists take on the Munich “skyline” via Pixabay
This article is part of our coverage of Scaleup Founder Interviews from Germany, Austria, and Switzerland.
Executive Summary
This blog post first appeared first on old medium publication (https://medium.
You know that we like to keep track of our former interview guests, especially when there are interesting developments.
The startup e-bot7 (https://www.
The press releases did not specify the purchase price.
If you like that post, subscribe for more, including our weekly podcast episode.
Artists take on the Munich “skyline” via Pixabay
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Munich-Based e-bot 7 Was Acquired for More Than 50 m US$ Startuprad.io brings you independent coverage of the key developments shaping the startup and venture capital landscape across Germany, Austria, and Switzerland.
This blog post first appeared first on old medium publication (https://medium.com/startuprad-io), and was moved to this blog with the relaunch of our website in summer 2024.
Summary
The Munich-based startup e-bot7 was acquired by US-listed LivePerson shortly after our interview with the startup in the summer of 2021. The original press release did not state the purchase price. A regulatory filing, we found unveils the purchase price as 53,10 m US$ in total.
Keeping Track
You know that we like to keep track of our former interview guests, especially when there are interesting developments. An acquisition is surely an exciting development. We did talk about it in our news, but there was some digging to be done in order to get to the purchase price — and of course some waiting.
The Interview Guest e-bot7
The startup e-bot7 (https://www.crunchbase.com/organization/e-bot7), which offers AI chatbots for customer service, was acquired by US-listed LivePerson. The acquisition was announced in July 2021 just three months after our interview with the CEO and founder Fabian Beringer. This is a great outcome for the startup, which was founded in 2016 and only raised 8.1 m Euros in venture capital in total (according to CrunchBase). The startup’s chatbots are powered by AI and can provide 24/7 customer service, making it a valuable asset for any company looking to improve its customer service offering. We’re excited to see what the startup will do next, and we’ll be keeping an eye on their progress.
Here is our original interview with Fabian:
Video Interview
Audio Interview
The Purchase Price Breakdown
The press releases did not specify the purchase price. We did some digging and found the 10-Q filing with the SEC of LivePerson, the company acquiring e-bot7. In this filing, the company gave a detailed breakdown of the purchase price and its components, which could be valued at 53,10 m US$. There are three components to this as you can see in the graphic below. The price was paid in cash (24,3 m US$), common stock of LivePerson (20 m US$), and there is an earn-out clause (8,8 m US$) for the executive team if they achieve certain KPIs over time and stay with e-bot 7 long enough.
If you like that post, subscribe for more, including our weekly podcast episode.
We also keep you up to date on the most recent developments in the startup scene of Germany, Austria and Switzerland 24/7 on our Twitter account here:
Key Takeaways
The press releases did not specify the purchase price.
This article covers a significant development in the DACH startup and venture capital ecosystem.
The DACH region (Germany, Austria, Switzerland) continues to be one of Europe's most dynamic startup markets.
Frequently Asked Questions
What are the key facts about Munich-Based e-bot Acquired More Than?
This article is part of our coverage of Scaleup Founder Interviews from Germany, Austria, and Switzerland.
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Joern "Joe" Menninger is the host of the Startuprad.io podcast and covers founders, investors, and policy developments across the DACH startup ecosystem.
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About the Host
Joern "Joe" Menninger is the host of the Startuprad.io podcast and covers founders, investors, and policy developments across the DACH startup ecosystem. Through more than 1,300 interviews and nearly a decade of reporting, he documents the evolution of the European startup landscape. Follow Joern on LinkedIn.
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