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Qualifyze Makes Supply Chains in Life Science And Chemical Industry More Transparent — Founder Interview

Updated: Apr 30

This story was migrated from our old blog, originally published on March 3th 2022

What Is This About?

Qualifyze, led by David Schneider, makes supply chains more transparent in the life science and chemical industries through digital audit management. After raising a $14 million Series A led by HV Capital, the startup is scaling its platform to help companies verify supplier quality across global networks.

  • This blog post first appeared first on old medium publication (https://medium.

  • This show was made possible by Hessen Trade and Invest with their brand Invest-in-Hessen.

  • This time our guest is David Schneider (https://www.

  • Qualifyze (https://www.

  • They raised a Series A funding round, lead by HV Capital of 14 mn US$, which was disclosed in November 2021.


In this episode of Startuprad.io, host Jörn "Joe" Menninger sits down with the founder of Qualifyze to explore how this DACH-based startup is tackling real market challenges. From early-stage hustle to scaling strategy, this founder interview dives deep into what it takes to build a startup in the German-speaking ecosystem.

This story was migrated from our old blog, originally published on March 3th 2022



New Blog

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.


We buy the on-site data from a good auditor and re-sell the data to other customers of this supplier.David Schneider, CEO and Co-Founder Qualifyze

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I have seen what others have done in digitizing steel trading and wanted to do it for commodity chemicals.David Schneider, CEO and Co-Founder Qualifyze

Our Enabler Invest-in-Hessen

This show was made possible by Hessen Trade and Invest with their brand Invest-in-Hessen. You can learn more about them here (https://www.invest-in-hessen.com/). We also run a dedicated sub-podcast with all interviews and news in cooperation with them. Find it all here:

I approached the company for an investment, and they sent me the chief of staff to vet the company. Over a few beers he decided to join me as co-founder, but the company never invested.David Schneider, CEO and Co-Founder Qualifyze

The Founder

This time our guest is David Schneider (https://www.linkedin.com/in/%F0%9F%87%BA%F0%9F%87%A6dr-david-schneider-1100a066/), Founder and CEO of Frankfurt-based Qualifyze (https://www.qualifyze.com/), a startup that helps in the chemical and pharma industry with audits. David did see a lot of places while studying in the Netherlands (Maastricht, Rotterdam), National University of Singapore and Università Bocconi in Italy. He was also and intern with JP Morgan in investment banking in London, Rothschild in Frankfurt, or BASF in Ludwigshafen. Before starting his own company, he was working as a consultant for more than 3 years. He tried to attract investment from a steel trading company, and he convinced the person the company sent to become his co-founder.


The Startup

Qualifyze (https://www.qualifyze.com/) started out as a marketplace for commodity chemical products, called ChemSquare in 2017. They soon realized that in the chemical and pharma industry the required suppliers’ audits are a big hassle and they pivoted to help their clients with digitizing them. These audits are essential for supply chains in the chemical and pharma industry, where faulty ingredients can lead to deaths or damage to equipment or nature.

We decided to get the supplier qualification on our platform to make the chemical platform working and it turned into a new business model.David Schneider, CEO and Co-Founder Qualifyze

Venture Capital Funding

They raised a Series A funding round, lead by HV Capital of 14 mn US$, which was disclosed in November 2021.


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The Interviewer

This interview was conducted by Jörn “Joe” Menninger, startup scout, founder, and host of Startuprad.io. Reach out to him:LinkedInTwitterEmail


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What Is Qualifyze?

Qualifyze makes supply chains in the life science and chemical industry more transparent by providing supplier qualification and audit services. Founded by David Schneider, the company raised a $14 million Series A led by HV Capital. Qualifyze is also part of the Cherry Ventures portfolio and was enabled by Hessen Trade and Invest for this interview.

Introduction

In this founder interview originally published March 3rd, 2022, Startuprad.io speaks with David Schneider, founder of Qualifyze. The company addresses a critical need in the life science and chemical industry: supply chain transparency through systematic supplier qualification. Qualifyze raised a $14 million Series A led by HV Capital, positioning it as a key player in pharma and chemical supply chain compliance. The episode was enabled by Hessen Trade and Invest.

Qualifyze tackles one of the most regulated challenges in industry: ensuring supply chain transparency and supplier qualification in life sciences and chemicals. The company provides a platform for auditing and qualifying suppliers, critical for regulatory compliance in pharmaceuticals. With a $14 million Series A from HV Capital and backing from Cherry Ventures, Qualifyze is scaling its supplier qualification network across the industry.

  • Qualifyze provides supply chain transparency and supplier qualification for the life science and chemical industry.

  • The company raised a $14M Series A led by HV Capital, a major German VC firm.

  • Qualifyze is part of the Cherry Ventures portfolio, connecting it to one of Germany's top early-stage VCs.

  • The platform addresses critical regulatory compliance needs in pharma and chemical supply chains.

Entities Referenced in This Episode

  • David Schneider — Founder of Qualifyze

  • Qualifyze (qualifyze.com) — Supply chain transparency for life science/chemical industry

  • HV Capital — Led $14M Series A

  • Cherry Ventures — Portfolio investor

  • Hessen Trade and Invest — Episode sponsor

  • Topics: Supply chain transparency, supplier qualification, pharma compliance, chemical industry, life science

Quote Highlights

  • Qualifyze makes supply chains in the life science and chemical industry more transparent by providing digital supplier qualification and audit services.

  • Founded by David Schneider, the company raised a $14 million Series A led by HV Capital.

  • Qualifyze tackles one of the most regulated challenges in industry: ensuring supply chain transparency and supplier qualification in life sciences and chemicals.

  • The company provides a platform for digital audit management, addressing critical compliance needs across highly regulated industries.

Related Episodes on Startuprad.io

Relationship Map

  • Qualifyze → raised → $14 m

  • Jörn "Joe" Menninger → Host of → Startuprad.io

Partner with Startuprad.io

Startuprad.io is the leading independent media platform covering startups, venture capital, and innovation across the DACH region (Germany, Austria, Switzerland) and Europe. We offer B2B partnership opportunities for companies looking to reach startup decision-makers, founders, and investors.

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What is Qualifyze and what does it do?

Qualifyze provides a platform for supplier qualification and auditing in the life science and chemical industry. It helps companies ensure their supply chains meet regulatory compliance requirements through systematic supplier assessments.

What are the main takeaways from this discussion?

Supply chain transparency in pharma means having full visibility into every supplier in the pharmaceutical supply chain. Regulatory bodies require this to ensure drug safety, quality, and compliance. Qualifyze automates and scales this qualification process.

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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If your company wants to reach founders, investors, and operators across the DACH startup ecosystem, Startuprad.io works with a select number of partners on high-trust visibility and thought-leadership formats. Explore partnership options here: Partner with Startuprad.io

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