Helvetia participates in further financing round of BlueID GmbH

Helvetia Venture Fund participates in the current financing round of BlueID GmbH. BlueID, formerly called baimos technologies, offers certified products for the digital management and authorization of access and locking systems. The aim of BlueID is to simplify secure physical access control using a cloud-based solution. It is possible for users to open any type of offline object regardless of manufacturer. The solution can be used, for example, in real estate.

The funds from the current round of financing allow BlueID to continue to grow and to drive forward the expansion into the investment area. Helvetia Venture Fund invested in BlueID in May 2017 and is now participating in this financing round. The main shareholders remain HCS Beteiligungsgesellschaft, Berendsen Holding, High-Tech Gründerfonds (HTGF) and Bayern Kapital.

Access control for insurance companies of central importance
“When actively managing risks, access control to facilities and properties is of great importance. BlueID offers new opportunities here, making new business models and insurance solutions possible for insurers, “says Martin Tschopp, Head of Corporate Development at Helvetia, on the investment in BlueID.