Success Story: Alaiko
Executive summary
💵 EUR 8.0 m project volume accredited for non-dilutive cash funding
📉 Development of a new fulfillment solution for e-commerce businesses
"With EUR 8m. accredited funding we are grateful for FUNDED's support and easy process"
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Interview with Moritz Weisbrodt, Founder and CEO of Alaiko
Background Information
Q: Can you provide a brief overview of your company and what you offer?
Moritz Weisbrodt: Alaiko is one of the fastest-growing fulfilment providers in Europe, specializing in e-commerce brands. Our mission is to enable online shops to offer their customers a seamless, first-class experience while scaling smoothly. We eliminate inconsistent, manual, and frustrating post-sales processes and help online shops create joyful moments in e-commerce, not only for their customers but also for themselves and all stakeholders involved.
Q: What specific product or service from FUNDED have you used?
Moritz Weisbrodt: We have utilized FUNDED's Grant Support Service to leverage non-dilutive funds for developing an open operating system that provides access to cognitive logistics (Logistics 4.0). Beyond this, we use their SaaS solution, FundedOS, for documentation and payout of the grant. Their services have been instrumental in our success.
Experience with FUNDED
Q: What challenges were you facing before using FUNDED?
Moritz Weisbrodt: Before engaging with FUNDED, navigating the grant landscape was a significant challenge. The process of identifying suitable grants, creating detailed applications, and managing documentation was daunting, especially given the scope and complexity of our project.
Q: How did you discover FUNDED?
Moritz Weisbrodt: We discovered FUNDED through industry recommendations and positive reviews from peers who had successfully navigated the grant process with their support.
Implementation and Use
Q: How was the onboarding and implementation process with FUNDED?
Moritz Weisbrodt: The onboarding process with FUNDED was seamless. Throughout the entire process, we felt well-supported by their deep expertise, strong processes, and the high-quality documents they created. Their consultants quickly grasped the complexities of our project, and their quick iterations were particularly impressive.
Q: How are you using FUNDED’s product or service in your business?
Moritz Weisbrodt: We are already using FUNDED’s SaaS solution, FundedOS, for managing the documentation and payout of the grant. Additionally, we rely on their consulting services for ongoing support and guidance. This combination has been incredibly beneficial for us. We also plan to use FUNDED for future grant support.
Results and Benefits
Q: What specific results or improvements have you seen since using FUNDED?
Moritz Weisbrodt: The consultant team at FUNDED saved us months of work and ultimately ensured the success and scope of our grant funding. FundedOS has equally saved us weeks of documentation and ensured a fast payout, which has been critical for our project timeline.
Q: Can you provide any metrics or data to support these results?
Moritz Weisbrodt: With FUNDED’s support, we successfully accredited over 8 million EUR of project volume for developing our logistics operating system. This funding has been pivotal in advancing our mission to provide SMEs with cognitive logistics solutions.
Feedback and Recommendations
Q: What do you like most about FUNDED’s product or service?
Moritz Weisbrodt: The grant world is a jungle, and relying on external experts is crucial. FUNDED's experienced team of former consultants and academics makes them a reliable partner. Their SaaS solution, FundedOS, is a game-changer for managing documentation and payouts efficiently.
Q: Any additional comments or feedback?
Moritz Weisbrodt: The documentation and payout process after receiving a positive notice can be immense. FUNDED's SaaS solution was a real game-changer here. While much of the documentation can be automated, having real people to advise on the actual application part was invaluable.
Personal Insights
Q: Can you share a bit about your role and background?
Moritz Weisbrodt: As the founder of Alaiko, my role is to lead our mission in transforming logistics for SMEs. My background includes extensive experience in logistics and technology, and I am passionate about leveraging innovative solutions to drive industry advancements.
Q: What excites you most about your industry and the future of your business?
Moritz Weisbrodt: The potential for cognitive logistics to revolutionize the way SMEs operate is incredibly exciting. The future of our business lies in making these advanced logistics solutions accessible and efficient for smaller enterprises, ultimately leveling the playing field in the industry.
