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Startup Roundup: WorkMotion's Growth Amid Industry Challenges

Mixed startup news featuring WorkMotion's financial success alongside several company failures and leadership changes.

DE
deutsche-startups.de
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Tue, Nov 04, 25
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WorkMotion, a Berlin-based startup specializing in international employee management, demonstrated strong financial performance in 2024. The company achieved revenue of 192 million euros, representing growth from the previous year's 166 million euros.

More importantly, their losses decreased significantly from 17.4 million to 5.8 million euros, while EBITDA improved from negative 16.2 million to negative 4.2 million euros. The company projects continued growth with expected revenue of 209 million euros in 2025.

In leadership news, David Fischer transitioned from HV Capital to become CEO of The Icon League, which recently secured 15 million euros in funding for their indoor football concept. Unfortunately, the startup ecosystem also saw casualties: Twinsity (digital twin technology), PetMaven (pet technology services), and worcay (work-travel platform) all ceased operations. On a positive note, Onuava launched innovative fertility health insurance for European corporations.

The upcoming STARTUPLAND event on November 5th will showcase founder presentations and startup pitches.

Original Article

deutsche-startups.de

https://www.deutsche-startups.de/2025/11/04/startupticker-workmotion-the-icon-league-twinsity/

Comprehension Quiz
Question 1 of 30 Correct
How much did WorkMotion's losses decrease?
From 17.4 to 5.8 million euros
From 20 to 10 million euros
From 15 to 8 million euros
From 25 to 12 million euros
Select an answer above

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