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 location 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 location 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.
Our 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 Key Contacts
Stefan Balduf
CEO & Sales
Michael Lorey
Sales Manager DACH
Christine Beutner
Financial Controller/HR
Larissa Sedlmeier
Marketing Manager
James Cagney
Project Manager
Kévin Pinsard
Head of Product Management & Dev Team
Supervisory Board
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.
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.
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.
Pierre Sernet
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.
Our Customers and Partners
Meet Favendo
Favendo is the trusted partner for outstanding Real Time Location Services. Our team delivers reliable and efficient solutions for manufacturing and logistics companies, public buildings and facility management, and cruise ships. To provide our customers with a solution that meets their needs one hundred percent, we partner with Quuppa and Abeeway.
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