January 14, 2022

AURICON accompanies PwC Germany’s participation in Münster-based startup Westphalia DataLab

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After the Westphalian family company REMONDIS took a stake in Westphalia DataLab (WDL) under the leadership of AURICON, another milestone in the young company history of WDL was reached. The auditing and consulting company PwC Germany has a stake of almost 20 percent in WDL. The startup, founded in Münster in 2017, offers data science software products in the field of artificial intelligence (AI) for companies and helps them develop data-driven business models in order to make them fit for future requirements. After Fiege Logistics and REMONDIS, PwC Germany is the third well-known investor that WDL has been able to convince of its business model. As before, AURICON accompanied WDL in the search for and contact with investors as well as through the entire transaction process as a competent partner.

About Westphalia DataLab

The startup founded by Prof. Reiner Kurzhals offers “Data Science as a Service” and develops customized software-as-a-service solutions for the key problems of its own customers. The AI startup led by CEO Philip Vospeter currently employs 55 people. In its young history, WDL has already received several awards: The Center Smart Services at RWTH Aachen University named WDL as champion for machine learning in an international study in 2019. In 2020 the startup received the German AI Prize in the Application category and in 2021 the Champion Customer Insights, also awarded by RWTH Aachen University.

Further information:

Markus Kurzhals Managing Director Auricon Group

Markus Kurzhals

Executive Partner
+49 211 545584-11

Lukas Wenzel

Manager | Prokurist
+49 211 545584-19