{"id":30932,"date":"2024-10-14T06:46:07","date_gmt":"2024-10-14T06:46:07","guid":{"rendered":"https:\/\/kit-gruenderschmiede.de\/?p=30932"},"modified":"2024-10-15T10:42:12","modified_gmt":"2024-10-15T10:42:12","slug":"founder-of-the-month-inventife","status":"publish","type":"post","link":"https:\/\/kit-gruenderschmiede.de\/en\/founder-of-the-month-inventife\/","title":{"rendered":"Founding of the month: Inventife"},"content":{"rendered":"<section class=\"o-blog-text-w-side-image o-blog-text-w-side-image--space-lg\">\n  <div class=\"container-lg\">\n    <div class=\"row\">\n      <div class=\"col-md-10 offset-md-1 col-xl-8 offset-xl-2\">\n                <div class=\"row align-items-center\">\n          <div class=\"col-md-6 a-animate--fade-in-left js-animate a-animate--delay-1\">\n            <div class=\"o-blog-text-w-side-image__text s-content\"><h2>Q&#038;A with Inventife<\/h2>\n<p>\u00a0&nbsp;<\/p>\n<h3>What does your company stand for?<\/h3>\n<p>\u00a0&nbsp;<\/p>\n<p><a href=\"https:\/\/inventife.com\/?utm_source=KIT-Gruenderschmiede&#038;utm_medium=social&#038;utm_campaign=Podcast\"target=\"_blank\">Inventife<\/a> stands for maximum innovation through AI, without compromising privacy. We develop solutions that combine technological progress with the protection of personal data.<br \/>\n&nbsp;<br \/>\n\u00a0<\/p>\n<h3>Where and how did you come up with the idea for your startup?<\/h3>\n<p>&nbsp;<\/p>\n<p>The idea came while setting up our own smart home system and diving deep into the topic of accident prevention. One thing led to another, and we developed our solution for fall detection.<\/p>\n<p>\u00a0&nbsp;<\/p>\n<h3>How did the founding team come together?<\/h3>\n<p>\u00a0&nbsp;<\/p>\n<p>We reached out to our circle of friends and quickly found someone: Max, a former colleague, joined the founding team.<\/p>\n<\/div>\n          <\/div>\n          <div class=\"col-md-5 offset-md-1 a-animate--fade-in-right js-animate a-animate--delay-1\">\n            <img decoding=\"async\" class=\"o-blog-text-w-side-image__image\" src=\"https:\/\/kit-gruenderschmiede.de\/content\/uploads\/2024\/10\/Design-ohne-Titel.png\" alt=\"Gr\u00fcnder des Startups Inventife\" \/>\n          <\/div>\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/section>\n\n\n<section class=\"o-blog-text-w-side-image o-blog-text-w-side-image--space-sm\">\n  <div class=\"container-lg\">\n    <div class=\"row\">\n      <div class=\"col-md-10 offset-md-1 col-xl-8 offset-xl-2\">\n                <div class=\"row align-items-center flex-row-reverse\">\n          <div class=\"col-md-6 offset-md-1 a-animate--fade-in-right js-animate a-animate--delay-1\">\n            <div class=\"o-blog-text-w-side-image__text s-content\"><h3>Where do you see the hurdles in the startup process? Where did you seek support?<\/h3>\n<p>\u00a0\u00a0&nbsp;<\/p>\n<p>The startup process is full of hurdles, especially when it comes to funding. We sought support from the KIT Gr\u00fcnderschmiede, the <a href=\"https:\/\/www.cyberforum.de\"target=\"_blank\">CyberForum<\/a>, our circle of acquaintances, and other founders.<\/p>\n<p>\u00a0\u00a0&nbsp;<\/p>\n<h3>What was one of your biggest challenges during the startup phase?<\/h3>\n<p>\u00a0\u00a0&nbsp;<\/p>\n<p>The biggest challenge was securing funding \u2014 through investors and initial sales.<\/p>\n<p>\u00a0\u00a0&nbsp;<\/p>\n<h3>Has COVID-19 had an impact on your startup, and if so, what kind?<\/h3>\n<p>\u00a0\u00a0&nbsp;<\/p>\n<p>Yes, we were still in the development phase and had to make our hardware platform more flexible to respond to potential supply chain issues. This cost us a lot of time, causing us to miss the construction boom at that time. Unfortunately, we couldn\u2019t benefit from the boom since we were not yet on the market. Additionally, the energy crisis affected us as investment levels declined.<\/p>\n<\/div>\n          <\/div>\n          <div class=\"col-md-5 a-animate--fade-in-left js-animate a-animate--delay-1\">\n            <img decoding=\"async\" class=\"o-blog-text-w-side-image__image\" src=\"https:\/\/kit-gruenderschmiede.de\/content\/uploads\/2024\/10\/Inventife_Produkt.png\" alt=\"Produkt des Startups Inventife\" \/>\n          <\/div>\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/section>\n\n\n<section class=\"o-blog-text-w-side-image o-blog-text-w-side-image--space-sm\">\n  <div class=\"container-lg\">\n    <div class=\"row\">\n      <div class=\"col-md-10 offset-md-1 col-xl-8 offset-xl-2\">\n                <div class=\"row align-items-center\">\n          <div class=\"col-md-6 a-animate--fade-in-left js-animate a-animate--delay-1\">\n            <div class=\"o-blog-text-w-side-image__text s-content\"><h3>What quality do you think is important when starting a business?<\/h3>\n<p>\u00a0\u00a0&nbsp;<br \/>\nPerseverance, a willingness to adapt, and the ability to successfully sell your product.<\/p>\n<p>\u00a0\u00a0\u00a0&nbsp;<\/p>\n<h3>Do you have any practical tips for other young founders?<\/h3>\n<p>\u00a0\u00a0\u00a0&nbsp;<\/p>\n<p>Sell your product, even if it\u2019s not fully developed. Potential customers often take a long time to make a decision \u2014 by then, you can have the product ready. Also, bring on an experienced business angel or someone who has successfully founded a startup before.<\/p>\n<p>\u00a0\u00a0\u00a0&nbsp;<\/p>\n<h3>What would you do differently from today\u2019s perspective?<\/h3>\n<p>\u00a0\u00a0&nbsp;<\/p>\n<p>Start sales earlier and assemble a larger founding team to have a broader range of skills.<\/p>\n<\/div>\n          <\/div>\n          <div class=\"col-md-5 offset-md-1 a-animate--fade-in-right js-animate a-animate--delay-1\">\n            <img decoding=\"async\" class=\"o-blog-text-w-side-image__image\" src=\"https:\/\/kit-gruenderschmiede.de\/content\/uploads\/2024\/10\/Inventife_Raumsensor.png\" alt=\"Produkt des Startups Inventife\" \/>\n          <\/div>\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/section>\n\n\n<section class=\"o-blog-text-w-side-image o-blog-text-w-side-image--space-sm\">\n  <div class=\"container-lg\">\n    <div class=\"row\">\n      <div class=\"col-md-10 offset-md-1 col-xl-8 offset-xl-2\">\n                <div class=\"row align-items-center flex-row-reverse\">\n          <div class=\"col-md-6 offset-md-1 a-animate--fade-in-right js-animate a-animate--delay-1\">\n            <div class=\"o-blog-text-w-side-image__text s-content\"><h3>Has anything changed for you since the formal founding? If so, what?<\/h3>\n<p>&nbsp;<\/p>\n<p>Yes, there is a lot of paperwork to handle. We used tools to keep the effort as minimal as possible, but setting them up also took time.<\/p>\n<p>&nbsp;<\/p>\n<h3>What are your plans for the future? What are your next big milestones?<\/h3>\n<p>&nbsp;<\/p>\n<p>We aim to complete an investment round with a business angel to accelerate growth and enter new markets.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Thank you for answering the questions!<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Want to know more? <strong>Listen to the <a href=\"https:\/\/open.spotify.com\/episode\/018FDDODcS7Gl4wKDn0m6h?si=kC7fYUMARAuYEn29gtag4Q\">podcast episode<\/a> with Robin from the founding team<\/strong>. Daniela talks with him about their journey from the first idea to market entry, as well as the hurdles, challenges, and successes they encountered.<\/p>\n<\/div>\n          <\/div>\n          <div class=\"col-md-5 a-animate--fade-in-left js-animate a-animate--delay-1\">\n            <img decoding=\"async\" class=\"o-blog-text-w-side-image__image\" src=\"https:\/\/kit-gruenderschmiede.de\/content\/uploads\/2024\/10\/Gruendung_des_Monats_Inventife.png.png\" alt=\"Podcast Folge Gr\u00fcndung des Monats: Inventife\" \/>\n          <\/div>\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/section>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":27,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[41],"tags":[43],"class_list":["post-30932","post","type-post","status-publish","format-standard","hentry","category-founder-of-the-month","tag-founder-of-the-month"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Founding of the month: Inventife<\/title>\n<meta name=\"description\" content=\"KIT Gr\u00fcnderschmiede | Founding of the month: Inventife\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kit-gruenderschmiede.de\/en\/founder-of-the-month-inventife\/\" \/>\n<meta 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