About us: Favendo – an RTLS company since 2014

Starting in 2014 – just one year after Apple introduced the iBeacon magic – Favendo develops and markets indoor positioning solutions like wayfinding and asset tracking services for corporate customers.

The company specializes in indoor positioning and mobile tracking and navigation solutions. Long-standing customers include SAP, FRAPORT, Hammerson plc and MSC Cruises. Favendo solutions are used and distributed by Trilux and Phoenix Contact. Favendo created the RTLS Location Engine and indoor location application platform Commander and also uses input from partner companies such as Abeeway and Quuppa.

In the beginning we asked ourselves how to transfer the added value from eCommerce to stationary retail. The primary challenge was how to implement the product search, as known from Ebay, Amazon & Co., in stationary retail. This quickly developed into a fascination for searching, finding and tracking of goods and people in the real world at all.

Today, our professional products are designed to help our clients find and locate things, people and places. We enable app users to do this search on their mobile phones and we enable organizations to find what they are looking for as efficiently as possible. We provide our clients with information on where to find what they are looking for and how to get there.

Our success is based on our international team members’ skills, creativity and engagement. A competent staffed advisory council and huge market experience are providing support in strategic decision-making.

Favendo is also a proud partner of the Omlox Initiative. Omlox is the market’s answer to the challenges every company is currently facing: increasing efficiency by merging the digital and real worlds. Positioning and localization technologies play a particularly important role in this process. As the first global IoT standard, Omlox represents a quantum leap in terms of the optimal digitization strategy. With the new standard, different localization technologies such as Bluetooth, ultra-broadband, RFID or GPS can be linked together. The focus here is on the networked factory. More about Omlox.

Our Philosophy

We do not compromise when it comes to quality and sustainability. Our Team is committed to providing timely and cost effective solutions for cruise industry, large shopping malls, sports facilities and facility management.

Location

Favendo as a RTLS company is located in Bamberg. The economic attractiveness of the region in general, is a great foundation for the company´s activities. The City is part of the Nuremberg metropolitan region with 3.5 million inhabitants.

Favendo Management

Stefan Balduf

CEO

Stefan Balduf took up his position as CEO of Favendo on April 2021. Prior to his position as CEO, the 39-year-old native of Heidelberg had already spent more than two years as Vice President Sales & Partner Management at the Bamberg-based RTLS specialist. During this time, he was managing key accounts and building relevant partnerships. Mr. Balduf holds a degree in Business Administration from the Universiy of Bayreuth with a focus on International Business Management, Information Systems Management as well as Japanese and looks back on more than eleven years of experience as a sales manager in international sales.

David Keil

CTO

Mr Keil has accompanied the technical development of Favendo from the beginning and has a deep knowledge of the functionalities and current and future applications of location-based technologies. Mr Keil has played a leading role in product development since Favendo was founded. Before joining Favendo, he was managing partner of 3computers Softwarelösungen, a company he founded, and while still a student in Bamberg and the USA, he served a German electrical industry company that is one of the pioneers of electrical connectivity technology.

Supervisory Board

Karl-Heinz Flöther

Member of the Advisory Board


Karl-Heinz Flöther worked for 33 years at Accenture. From 2009 to 2012, he was International Chairmann of the worldwide largest Management Consulting Company. Since 2012 he has assumed Supervisory Board roles at Deutsche Boerse and Commerzbank.

Malte von der Ropp

Member of the Advisory Board


Malte von der Ropp is Managing Director at VCDE Venture Partners. Since 2008 Venture Partners is a leading growth equity investment firm with a clear focus on companies in the field of software, the internet, mobile telecommunications and IT business services.

Paul Theunissen

Member of the Advisory Board


Mr. Theunissen has a broad investment experience as a former JP Morgan Investment Banker in IT companies. He also has a clear eye for emerging technologies and knows how to put the pieces together to help companies build momentum.

Rolf Knigge

Member of the Advisory Board


Rolf Knigge served as the Managing Director at Helaba Trust Beratungs-und Management Gesellschaft mbH. Mr. Knigge is familiar with all aspects of mid-sized company management and has been a Member of the Advisory Board since April 2016.

Christian Janson-Euterneck

Member of the Advisory Board


Mr. Janson-Euterneck is a seasoned Venture & Growth Capital investor in European Software Technology companies for more than 18 years. He founded Europe’s first dedicated software technology Growth Capital Fund in 2000 and has led over two dozen investments.

Pierre Serrnet

Board Observer


Mr. Sernet is an experienced Chief Executive Officer with a demonstrated history of working in the internet industry. Founder of Artnet.com, the largest fine arts database in the world.

Dr. Wilfried Hauck

Board Observer


Dr. Hauck is the Managing Director at Statera Financial Management GmbH. He has assumed Bord roles at HanseMerkur Versicherungen AG and was Global Head of Allianz Global Investors.

Our Customers and Partners


Meet Favendo

Favendo is the trusted partner for superior Real Time Location Services. Our Team is committed to providing timely and cost effective solutions for cruise industry, large shopping malls, public venues, industrial surroundings and more. To offer our customers the most suitable system we partner with Quuppa and Abeeway.

Come and meet Favendo.

Send us a message via info@favendo.com and we will get back to you as soon as possible. Or book a consultation with our Sales Manager Harry von Stryk here: