FUNDED Blog

Success Story: Taktile

Written by Dr. Alexander v. Buttlar Wallot | Jul 16, 2024 8:22:37 AM

‍Executive summary
💵 EUR 3.5 m project volume accredited for non-dilutive cash funding
📉 Development of a no-code platform for automated decision-making in risk management

"Guidance from FUNDED's experts and their well-organized processes significantly aided us in securing the research grant."

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Interview with Maik Taro Wehmeyer, Founder of Taktile

Background Information

Q: Can you provide a brief overview of your company and what you offer?
Maik Taro Wehmeyer: Taktile is dedicated to developing cutting-edge solutions for automated decision-making processes in risk management. Our mission is to empower businesses to make smarter decisions faster by providing a robust, no-code platform that simplifies the complexity of risk assessment and management. Our platform leverages advanced technology to streamline decision-making, reducing both time and cost for our clients.

Q: What specific product or service from FUNDED have you used?
Maik Taro Wehmeyer: We utilized FUNDED's Grant Support Service to secure non-dilutive funds for the conceptualization and experimental development of our no-code platform for automated decision-making in risk management. Additionally, we rely on FUNDED's SaaS solution, FundedOS, for the documentation and disbursement of the grant. Without FUNDED's support, obtaining this crucial funding would have been significantly more challenging.

Experience with FUNDED

Q: What challenges were you facing before using FUNDED?
Maik Taro Wehmeyer: Before partnering with FUNDED, navigating the landscape of grant opportunities and handling the extensive application process was extremely complex and time-consuming. Identifying suitable grants and preparing detailed applications presented significant challenges, especially considering the technical nature of our project. FUNDED's expertise streamlined this entire process for us, making it much more manageable.

Q: How did you discover FUNDED?
Maik Taro Wehmeyer: We learned about FUNDED through recommendations from industry peers and positive reviews from other companies that successfully secured grants with their assistance.

Implementation and Use

Q: How was the onboarding and implementation process with FUNDED?
Maik Taro Wehmeyer: The onboarding process with FUNDED was seamless and well-structured. From the outset, we were impressed by their deep expertise and efficient processes. The FUNDED team quickly understood the intricacies of our project and provided us with high-quality documentation and support throughout the application process.

Q: How are you using FUNDED’s product or service in your business?
Maik Taro Wehmeyer: We use FUNDED's SaaS solution, FundedOS, to manage all aspects of grant documentation and ensure smooth disbursement. Additionally, we leverage their consulting services for ongoing support and strategic guidance. This combination has proven invaluable, and we plan to continue using FUNDED for future grant support.

Results and Benefits

Q: What specific results or improvements have you seen since using FUNDED?
Maik Taro Wehmeyer: With FUNDED's assistance, we were able to save considerable time and effort, ultimately securing the necessary funding to advance our project. FundedOS has significantly reduced our documentation workload and expedited the disbursement process, which has been critical for our project timelines.

Q: Can you provide any metrics or data to support these results?
Maik Taro Wehmeyer: Thanks to FUNDED, we successfully secured over 3 million EUR in funding for the development of our no-code platform for automated decision-making in risk management. This funding has been pivotal in enabling us to move forward with our project and achieve our goals.

Feedback and Recommendations

Q: What do you like most about FUNDED’s product or service?
Maik Taro Wehmeyer: The combination of in-depth expertise and the practical SaaS solution, FundedOS, is particularly impressive. The team at FUNDED brings extensive experience from various consulting and academic backgrounds, making them a highly competent partner. FundedOS simplifies the management of complex documentation requirements, making the grant process much more manageable.

Q: Any additional comments or feedback?
Maik Taro Wehmeyer: The post-grant approval process can be very demanding and time-intensive. FundedOS has been instrumental in managing these requirements efficiently. Additionally, having access to real experts to guide us through the application and submission process has been incredibly valuable.

Personal Insights

Q: Can you share a bit about your role and background?
Maik Taro Wehmeyer: As the founder of Taktile, I am responsible for steering the strategic direction of our company and ensuring that we achieve our objectives. My background is in technology and risk management, which has been crucial in driving the development of our no-code platform and delivering innovative solutions to our clients.

Q: What excites you most about your industry and the future of your business?
Maik Taro Wehmeyer: The potential of no-code platforms to revolutionize decision-making processes in risk management is incredibly exciting. I am enthusiastic about the future and the role Taktile will play in transforming how businesses approach risk assessment. Our goal is to make sophisticated decision-making tools accessible and efficient for all businesses, ultimately leveling the playing field in risk management.