Munchen, Germany
Aboalarm GmbH offers a service that allows consumers to manage and terminate their contracts for various services, from mobile phone plans to car insurance, quickly and legally. The platform provides reminders for termination deadlines, as well as templates and proof for contract terminations. Founded in 2008 by Dr. Bernd Storm van’s Gravesande and Stefan Neubig, Aboalarm has facilitated the termination of over 2 million contracts through its instant delivery service, with an additional 6 million complete termination letters generated and downloaded.
Expanding its offerings, Aboalarm has introduced new members to its family, including Wechselkompass and the kontoalarm app. Wechselkompass serves as a consumer-friendly guide for contract changes, while kontoalarm, a TUV-certified app, provides users with real-time insights into their bank accounts, detecting recurring charges from subscription or fixed-term contracts for immediate cancellation.
Aboalarm's impact is further demonstrated through its TUV-certified apps for Android, iPhone, iPad, Windows Phone, and Amazon Kindle Fire, collectively boasting over 1 million downloads.
Within the platforms industry, Aboalarm presents a compelling proposition for investors, given its demonstrated ability to simplify consumer contract management and its expansion into complementary services like Wechselkompass and kontoalarm.
While no recent investment information is available, Aboalarm GmbH presents an intriguing opportunity for venture capitalists seeking to support innovative solutions in the consumer services space.
