WSS Redpoint advises the Cologne-based startup Compounder on a six-figure financing round by Aschendorff NEXT, allygatr and business angels.

Compounder is a platform that simplifies the university application process for prospective students and universities. Through centralisation, digitalisation and automation, prospective students obtain their desired university place faster and more easily, and universities receive new applicants from all over the world who have already been automatically checked for eligibility for admission.

With the capital raised, Compounder intends to grow its team, step up its marketing activities and further optimise its platform in order to reach even more university applicants and support them in the best possible way on their educational path.

Carmine Siena: ‘The WSS Redpoint team, especially Peter, supported us with advice and practical help throughout the entire financing phase, no matter what time of day. We are very happy to have such a competent and great partner at our side.’

On the current financing round, Peter Siedlatzek (corporate law) advised on behalf of WSS Redpoint. WSS Redpoint has provided comprehensive advice to Compounder since 2020.