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Munich-Based e-bot 7 Was Acquired for More Than 50 m US$

Updated: 6 days ago

What Is This About?

Munich-based conversational AI startup e-bot7, a former Startuprad.io guest, was acquired for more than $50 million. The exit — with the exact price undisclosed — demonstrates that German AI startups can deliver meaningful returns even in a challenging market for tech M&A.



  • 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.


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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:


Who Acquired e-bot7?

Munich-based conversational AI startup e-bot7 was acquired by US-listed LivePerson for more than $50 million. The press releases did not specify the exact purchase price. e-bot7 was a previous Startuprad.io interview guest, and the acquisition represents a notable exit from the Munich startup ecosystem into a major publicly traded AI company.

Introduction

This episode tracks the exit of a former Startuprad.io guest: Munich-based e-bot7, a conversational AI and chatbot startup, was acquired by US-listed LivePerson for more than $50 million. While the press releases did not specify the exact purchase price, the deal represents a significant exit from the German AI startup ecosystem. LivePerson, a publicly traded company specializing in conversational AI solutions, added e-bot7's technology to strengthen its platform capabilities.

The acquisition of Munich-based e-bot7 by US-listed LivePerson for over $50 million marks another notable German startup exit in the conversational AI space. e-bot7 had built AI-powered chatbot technology and was previously featured on Startuprad.io. LivePerson's acquisition adds to its conversational AI capabilities, combining e-bot7's European technology with LivePerson's global customer base. The undisclosed exact price reflects the typical discretion in AI startup acquisitions.

  • Munich-based e-bot7 was acquired by US-listed LivePerson for more than $50 million in a conversational AI deal.

  • The exact purchase price was not disclosed in the press releases.

  • e-bot7 was a previous Startuprad.io interview guest, and the team tracked the company's journey from interview to exit.

  • The acquisition adds to LivePerson's conversational AI capabilities from a Munich-developed technology base.

Entities Referenced in This Episode

Companies

  • e-bot7 — Munich-based conversational AI startup, acquired for $50M+

  • LivePerson — US-listed conversational AI company, acquirer

Cities

  • Munich — e-bot7 headquarters

People

  • Jörn "Joe" Menninger — Startuprad.io host

Topics

  • Conversational AI, chatbot acquisition, startup exit, Munich startups, LivePerson, AI customer service

Relationship Map

  • LivePerson (US-listed) → acquired → e-bot7 (Munich) for $50M+

  • e-bot7 → previously featured on → Startuprad.io

  • e-bot7 → built → conversational AI / chatbot technology

Quote Highlights

  • Munich-based conversational AI startup e-bot7 was acquired by US-listed LivePerson for more than $50 million.

  • The original press release did not state the purchase price. A regulatory filing unveils the purchase price as $53.10M in total.

  • The exit demonstrates that German AI startups can deliver meaningful returns even in a challenging market for tech M&A.

  • e-bot7 was a previous Startuprad.io interview guest, acquired shortly after the summer 2021 interview with founder Fabian.

Related Episodes on Startuprad.io

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Subscribe to the Podcast

What is e-bot7?

e-bot7 was a Munich-based startup that developed conversational AI and chatbot technology. The company was acquired by US-listed LivePerson for more than $50 million.

Who acquired e-bot7?

LivePerson, a US-listed company specializing in conversational AI solutions, acquired e-bot7. The deal was valued at more than $50 million, though the exact purchase price was not publicly disclosed.

What is LivePerson?

LivePerson is a US publicly traded company that provides conversational AI solutions for businesses. By acquiring Munich-based e-bot7, LivePerson strengthened its AI chatbot capabilities with European-developed technology.

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.

Support Startuprad.io

From AI chatbot acquisitions to conversational technology breakthroughs, the DACH startup ecosystem continues to produce globally relevant companies. Startuprad.io partners with a select number of companies seeking high-trust visibility among founders, investors, and operators. Explore partnership options here: Partner with Startuprad.io

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