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Michael Wax - portfolio and founded companies

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About Michael Wax

Michael Wax is an entrepreneur, an angel investor and a board member. They did their Masters from Technical University of Munich in 2015. Their journey in the startup ecosystem started in 2014 through KONUX. Michael Wax has founded 3 companies. Prior to this, Michael Wax co-founded Forto and KONUX. As an angel investor, Michael Wax has a portfolio of 21 companies, focusing primarily on sectors like Enterprise Applications, Industrial Goods and Manufacturing and 15 more sectors. They invest in companies across Germany and Denmark. Their most notable investments include companies like Localyze and Parloa Technologies. Michael Wax is currently serving as a board member at Forto, which they founded.
Key Metrics
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Board Memberships
Investment Portfolio
Top locations of Investment
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Michael Wax's Investments

Michael Wax has invested in 21 companies. Their most recent investment was in avoltra (Seed Round) on Jul 03, 2025. Their investments are primarily in Enterprise Applications, Industrial Goods and Manufacturing and 15 more sectors. Their investment portfolio include companies in Germany and Denmark.
Here is the list of recent investments by Michael Wax:
Date
Company
Round
Round Amount
Co-Investors
Jul 03, 2025
Seed
$2.71M
Jun 04, 2025
Seed
$9.12M
May 20, 2025
Series A
$7.3M
Nov 04, 2024
Seed
$6.5M
View all Investments by Michael Wax
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Michael Wax's Portfolio Exits

Michael Wax has 2 Portfolio Exits namely Localyze and Zavvy.
Here are the details of all portfolio exits by Michael Wax:
Company
Description
Location
Total Funding
Founded Year
Exit Type
Exit Date
Cloud-based HRMS platform for employee mobility management
Berlin (Germany)
$47.3M
2018
Acquisition
Oct 01, 2025
Provider of employee engagement services
Munich (Germany)
$4M
2020
Acquisition
Feb 28, 2024
View all Portfolio Exits by Michael Wax

Michael Wax's Portfolio Unicorns

Michael Wax has 1 unicorn in the portfolio which is Parloa Technologies.
Here is the detail of this portfolio unicorn:
Company
Short Description
Total Funding
Founded Year
Current Stage
Location
Provider of AI agent management platform for contact center automation
$562M
2018
Series D
Berlin
View all Portfolio Unicorns by Michael Wax

Michael Wax's Founded Companies

Michael Wax has founded 3 companies namely Forto, KONUX and FreightHub.
Here are the details of all founded companies by Michael Wax:
Company
Short Description
Total Funding
Founded Year
Current Stage
Location
Provider of tech-enabled freight forwarding services
$610M
2016
Series D
Berlin
Developer of AI and IoT solutions for railway operations optimization
$131M
2014
Series C
Germany
Tech-enabled freight forwarder
$53.4M
2016
Late Stage
Berlin
View all Founded Companies by Michael Wax

Michael Wax's Board Memberships

Michael Wax has 1 current board membership in Forto.
Here is the detail of this board membership:
Company
Description
Total Funding
Current Stage
Membership Status
Appointment Date
Cessation Date
Provider of tech-enabled freight forwarding services
$610M
Series D
CURRENT
Aug 20, 2020
-
View all Board Memberships of Michael Wax

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