What DYNO does

DYNO GmbH is a German Insurtech/Fintech SaaS company founded in 2021 and headquartered in Offenburg, Germany, focused on digital administration of company pension schemes (betriebliche Altersvorsorge, bAV). The company targets German employers and their employees with a cloud-based bAV-Portal that replaces traditional paper-based, broker-mediated pension processes with a fully digital workflow. Its core product is a SaaS platform that offers ETF-based, commission-free (Nettotarife) pension products sourced from more than 20 insurance partners and 100+ ETFs, aggregated through a proprietary scoring engine (the DYNO Score) that ranks providers on cost-efficiency. The platform includes a Robo-Advisor for ETF allocation, a digital advisory pathway for self-service contract completion, an employer admin dashboard for HR automation, and a Personio HRIS integration for employee lifecycle synchronization. The company holds a §34d GewO insurance broker permit, used strictly for technical document and data transfer with insurers rather than commission-based sales.

DYNO operates a hybrid go-to-market combining direct enterprise field sales to HR/CFO/CEO decision-makers, employee self-service sign-up (product-led growth), and an insurance broker referral channel. The company monetizes through a monthly employer-paid SaaS subscription priced by number of activated employees, plus transaction fees triggered on digitally signed bAV contracts. An add-on module for company health insurance (Betriebliche Krankenversicherung, bKV) and a Dynamische Rente payout product extend the platform's value proposition into broader employee benefits and modern payout structures. Customers include more than 500 companies covering 20,000+ employees, with named logos spanning tech startups, mid-market firms, and select enterprise accounts (notably Anton Häaring Group with 900+ employees and Freeletics). Distribution is concentrated in Germany (DACH region), supported by content marketing, earned media in major German outlets, and OMR Podcast sponsorship.

The company is privately held and founder-led, with co-Managing Directors Luis Weber and Marc R. Karkossa. It has raised approximately $2.68M across two disclosed seed-stage rounds (October 2023 and July 2024), with investors including 468 Capital, LEA Partners, Mätch VC, Haufe Group Ventures, and Quiet Ventures. Headcount is reported at 11-50 employees, consistent with early-stage operating scale.

Name

DYNO

Legal name

DYNO GmbH

Website

https://heydyno.de

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

DYNO GmbH is a German SaaS Insurtech (founded 2021, Offenburg) offering a digital, commission-free bAV (occupational pension) platform with ETF-based investments for German employers and their employees, aggregating 20+ insurers and 100+ ETFs.

Ownership category

akta.pro rank

Product category

Corporate Pension Administration Software

NAICS

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)

SIC

Services-Prepackaged Software (7372), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Benefits Administration (BPACAPAC)

akta.pro secondary industries

Benefits Administration & Total Rewards Outsourcing (BPACAKAE), Human Capital Management (HCM) & Payroll Platforms (HDAEAEAJ)

Keywords

• Company pension platform
• Occupational pension software
• Pension administration SaaS
• Commission-free insurance
• ETF retirement plans

Headquarters

HQ city

Offenburg

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. SaaS Platform Subscription (Employer-paid): Companies pay a monthly software-as-a-service license fee for access to the DYNO platform. The fee covers the bAV portal, HR integrations, and administrative automation. Pricing is based on the number of activated employees/users in the platform (price tier model). The employer always bears this cost; employees pay nothing.
2. Transaction Fee on Contract Completions: When an employee or managing director (GGF) digitally signs a pension contract through the bAV portal, a fee is triggered. This is tied to the successful completion of a contract, not to ongoing contributions.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

DYNO provides a cloud-based SaaS platform for digital administration of German occupational pension schemes (bAV - betriebliche Altersvorsorge). The platform enables employers to set up, manage, and monitor company pension contracts without traditional insurance brokers, offering commission-free (Nettotarife) products from over 20 insurance providers and ETF-based investments. It includes an employer admin dashboard, a self-service employee portal, automated HRIS synchronization, and a proprietary scoring system for insurance products.

Product overview

DYNO is an Insurtech/Fintech company offering a unified SaaS platform for Retirement & Health Management targeting German companies and their employees. The core product is the bAV-Portal — a cloud-based web application that enables employers to provision, administer, and monitor company pension contracts (betriebliche Altersvorsorge, bAV) digitally, without brokers or commissions. The platform includes an employer-facing Admin Dashboard, a Robo-Advisor for ETF-based pension allocation recommendations, a Digital Advisory Pathway for self-service contract completion, and a DYNO Score feature for evaluating insurance providers. An add-on module for Betriebliche Krankenversicherung (bKV — company health insurance) extends the platform's offering to bundle Retirement & Health Benefits on one platform. State-subsidized ETF investments are a core differentiator, and all contract documents are stored and managed digitally within the portal. The platform integrates natively with HR systems such as Personio and connects to over 20 commission-free insurance providers including Allianz, AXA, and Stuttgarter.

Differentiator

Problem solved

Functional benefit

Products and services

• bAV-Portal Cloud-based digital portal enabling employers to manage company pension (bAV) administration and employees to view, apply for, and track their occupational pension contracts. Includes employer admin dashboard for onboarding, contract status tracking, automated processes for entries/changes/exits, and provider performance monitoring via DYNO Score. All contract documents are stored digitally in one place.
• Betriebliche Krankenversicherung (bKV) Add-on module for company health insurance (betriebliche Krankenversicherung) offered alongside bAV on the same platform without additional administrative effort, allowing employers to bundle Retirement and Health benefits on one platform.
• Dynamische Rente Dynamic pension payout option where capital remains invested during the payout phase, potentially continuing to generate returns rather than being converted to a fixed annuity.

Quantifiable outcome

• Up to 150,000 EUR more pension per employee over 30-year period compared to traditional high-commission bAV products
• +4 more outcomes

Named customers13 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core and minor.

• PersoniocoreTechnology or IntegrationHRIS integration partnership enabling automated synchronization of employee data between Personio and the DYNO platform. Employee entries, changes, and terminations are automatically reflected in DYNO, reducing manual HR administration work.
• Allianz VersicherungcoreTechnology or IntegrationOne of 20+ insurance providers available on the DYNO platform. Allianz products are screened and rated using DYNO's proprietary DYNO Score (109 points), indicating cost-efficiency and transparency ranking.
• AXA VersicherungcoreTechnology or IntegrationInsurance partner on DYNO's platform with DYNO Score rating of 102 points. AXA products are offered as commission-free (net) tariff options for company pensions.
• Stuttgarter VersicherungcoreTechnology or IntegrationInsurance partner with DYNO Score of 113 (highest rated on platform), offering competitive commission-free pension products for German company pension schemes.
• 20+ Insurance ProviderscoreTechnology or IntegrationDYNO works with over 20 insurance companies offering pension products on its platform. All products are commission-free (Nettotarife). DYNO screens and ranks these products using its proprietary DYNO Score.
• Cleo Public RelationsminorGTM or Marketing PartnerPR agency partner handling press inquiries and media relations for DYNO. External PR support for press kit management and media communications.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• xbAV (xpecta AG): German software provider focused on digital administration of occupational pensions (bAV) and HR integrations; the closest head-to-head SaaS competitor to DYNO in the German bAV market.
• Fairr (Viridium Group): Digital pension/ETF-based company pension platform in Germany (now part of Viridium Group) offering provision-free bAV and ETF savings plans; directly competes with DYNO's commission-free, ETF-led proposition.
• Deep Pension: Germany-based pension tech focused on digital company pensions with ETF-based investment options; competes for the same employer and employee segments as DYNO.
• eVorsorge: Digital platform for German occupational pension administration offering white-label and direct bAV tooling; comparable SaaS-style play targeting employers and HR departments.

Emerging players

• Coya: Berlin-based insurtech offering digital insurance products including protection and pension-adjacent offerings; competes for the same digital-first HR buyer in Germany but with a broader product footprint.
• Getsafe: German digital insurer delivering mobile-first insurance products to consumers and SMEs; comparable in technology and target customer mindset, though not a direct bAV specialist.

Broad incumbents

• Haufe Group: Established German provider of HR, tax, legal and compliance software/services for employers; also a DYNO investor via Haufe Group Ventures, making it both a potential channel partner and a competitive incumbent in HR admin.
• Allianz: Europe's largest insurer and one of DYNO's 20+ insurance partners (Allianz product carries a DYNO Score of 109); Allianz's scale and direct distribution mean it is both a critical supplier and a structural competitive threat if it leans into proprietary digital bAV.
• AXA: Major global insurer with a substantial German bAV franchise and a DYNO platform partner (DYNO Score of 102); competes broadly with DYNO via its own employer and broker channels while supplying products to the platform.
• Viridium Group: German insurance group operating life insurers and now the parent of Fairr; represents the consolidation of digital-first bAV plays into larger balance sheets, increasing competitive pressure on independent players like DYNO.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/dyno-gmbh

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds2 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DYNO