Michael Rager

Partner, Growth Equity bei DTCP

📍 Greater Hamburg Area, Germany🔄 Updated September 2026💼 9 investments📅 9 years investing🗓 Last invested Sep 2025
VC🌍 GermanyInvested this year
9
Total investments
0
Early stage
1
Mid stage
6
Late stage
9y
Years active

Portfolio

9 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Board Member
Sep 2025
Verify if your documents are real or fraudulent with AI. Resistant AI is the industry-leading document fraud detection system with more than 170M documents analyzed for fraud. Detect fraud in all types of documents: • Bank statements • Pay stubs • IDs • Utility bills • Tax forms • Etc. In all formats (PDFs, images). In all languages. Manually, with a simple drag and drop. Or automatically, using our API. And see if documents are fake, modified and fraudulent, in less than 20 seconds. Detect document fraud in: • Digital lending / Loan underwriting • Customer onboarding (KYC) • Merchant onboarding (KYB) • Tenant screening • Pre employment background checks • Insurance claims And achieve: • 90% less manual reviews • 60% faster fraud checks • 80% of documents approved instantly • 99% accuracy in document verdicts 170M+ docs analyzed. 8K+ fraud & compliance analysts using Resistant AI to detect fraud. 500+ detectors. 100+ patents. Digital Crime Fighter of the Year. Twice Winner of ACAMSPwC Hackathon. Backed by GV, Index Ventures, Credo Ventures, Seedcamp.
Board Member
Jun 2024
Dexory develops autonomous robots and AI logistics solutions to drive better business decisions. Through our DexoryView platform we automate data collection and build real time fed digital twin technology that unlocks insights across all levels of warehouse operations.
Board Member
Aug 2023
Quantum Systems is the powerhouse of intelligent unmanned systems. As a leading dual‑use and defence technology company, we deliver multi‑domain solutions - on land, in the air, at sea, and in software - for government agencies and commercial customers worldwide. Quantum Systems is Europes highest valued dual-use scale up and a global leader in the development of intelligent unmanned systems. We supply mission-grade ISR, autonomy, and integrated mission solutions to military, government, and commercial customers. Quantum Systems products combine proven hardware, AI, and interoperable software to deliver persistent, reliable intelligence where it matters most.
Board Member
Jan 2022
Cognigy is transforming the customer service industry with the most advanced AI Agent platform for enterprise contact centers. Its award-winning solution, Cognigy.AI, empowers enterprises to deliver instant, hyper-personalized, multilingual service on any channel. By integrating Generative and Conversational AI to create Agentic AI, Cognigy delivers AI Agents that redefine customer experiences, drive satisfaction, and support contact center employees in real-time. Built on the world’s leading Conversational AI platform, Cognigy.AI delivers next-gen customer service through solutions like Voice AI Agents, Digital Chat AI Agents, and Agent Copilot. With dozens of pre-trained skills and Agentic AI capabilities, the platform seamlessly integrates into enterprise systems. By leveraging memory and context, Cognigys AI Agents provide hyper-personalized interactions and strengthen customer relationships. Agentic AI also fosters collaboration between AI and human agents, giving them superpowers to deliver exceptional service. Over 1000 brands worldwide trust Cognigy and its vast partner network to create AI customer service agents for their contact center. Cognigys impressive worldwide customer portfolio includes Bosch, Nestlé, DHL, Lufthansa Group, Mercedes-Benz, and Toyota.    For more information and to book a demo visit: www.cognigy.com  We are hiring: https://careers.cognigy.com/ Visit our blog: https://www.cognigy.com/blog Meet our customers: https://www.cognigy.com/customer-success-stories https://www.cognigy.com/legal-notice/
Investor
Apr 2020
The collaborative, AI-powered platform for customer conversations. Trusted by more than 22,000 companies worldwide. Aircall seamlessly integrates voice, SMS, WhatsApp, and social media channels into a single platform, with bi-directional syncing across 200+ essential business apps. Imagine your CRM and Helpdesk data flowing effortlessly into every customer interaction, empowering your team to deliver smarter, more personalized experiences. Trusted by over 22,000 businesses globally, Aircalls AI-powered platform supercharges sales and support. We automate the busywork—optimizing call routing, automating repetitive tasks–while simultaneously delivering actionable insights from across every customer interaction. As a result, your teams are free to focus on what truly matters: building and maintaining customer relationships. Aircall is where your tech stack unites and your teams excel. We transform customer interactions into strategic opportunities, fueling growth and turning conversations into satisfied customers. With Aircall, every connection counts.
Investor
Jun 2019
SAP Signavio solutions are a major part of the business process transformation portfolio from SAP. They help organizations achieve process excellence and drive business process transformation in an holistic, data-driven and intuitive way. The SAP Signavio Process Transformation Suite helps organizations understand, improve, and transform their business processes at scale, accelerating their journey to digital transformation, operational excellence, and customer centricity. Over 2,500 enterprise customers across the globe use SAP Signavio solutions to mine, model, simulate, analyze, optimize, and execute more than two million core business processes. SAP privacy statement for followers: http://sap.com/sps Website: https://www.signavio.com Request a demo: https://www.signavio.com/request-a-demo/ 30 day free trial: https://www.signavio.com/try Follow our SAP Signavio Community: https://community.sap.com/topics/signavio Legal Info (also see: http://www.signavio.com/legal-info/): SAP SE represented by the Executive Board: Christian Klein (CEO), Sabine Bendiek, Luka Mucic, Jürgen Müller, Scott Russell, Thomas Saueressig, Julia White Chairperson of the SAP Supervisory Board: Hasso Plattner Dietmar-Hopp-Allee 16 69190 Walldorf Germany Telephone: +49/6227/7-47474 Fax: +49/6227/7-57575 Website: www.signavio.com E-Mail: info@sap.com Commercial Register Mannheim HRB 719915 VAT identification number: DE 143454214
Investor
Sep 2018
The global sales-first CRM and intelligent revenue management platform for small businesses.
Member of the Board
Jun 2017
SAP LeanIX is a leading provider of enterprise architecture solutions that help organizations drive IT modernization and continuous business transformation, regardless of the underlying technology mix. Trusted by leading brands around the globe, SAP LeanIX offers AI-enhanced, software-as-a-service solutions enabling organizations to visualize, evaluate, and evolve their enterprise architecture for maximum business impact. From optimizing your current IT landscape to envisioning, designing, and guiding the creation of your future landscape, SAP LeanIX gives you the insight, flexibility, and foresight you need to ensure success.
Member of the Board
Mar 2017
Fornova empowers the global travel and hospitality industry to optimize distribution, generate demand and maximize revenue by delivering best-in-class, data-driven Business Intelligence solutions. Our clients include most of the world’s top 10 largest hotel groups, the biggest global OTAs, hundreds of smaller brands and independent hotels, as well as car rental companies and booking sites. Our solutions enable their entire organization (from revenue and distribution to sales, e-Commerce and operations) to make better decisions faster, navigate through changing market environments and stay ahead of the competition. We track 100,000 hotel brand.com, OTA, metasearch & car rental websites every day, and using our patented technology we monitor 1.25 Billion rates from over 70 different countries (Points of Sale) every month. In 2020 we celebrated 10 years in business, having grown to 200 team members based in 10 countries across 4 continents. The Fornova Hotel Business Intelligence (FornovaHBI) platform comprises: -> FornovaCI - Competitive Intelligence to increase your market share by understanding how your rates compare against any comp set as viewed from any feeder market. -> FornovaDI - Distribution Intelligence to monitor and manage your digital distribution across all contracted and uncontracted OTA and metasearch sites. -> FornovaEC - E-Commerce Optimizer to combine the power of Google Pay Per Stay with FornovaDI and achieve maximum ROI from marketing on direct programmatic channels. -> FornovaRI - Revenue Intelligence and operational analytics in a unified dashboard to reduce occupancy risks.
late stageHospitality
Experience · 11 entries
All (11)
Investments (9)
Board (6)
2025
Board Member
Sep 2025
Verify if your documents are real or fraudulent with AI. Resistant AI is the industry-leading document fraud detection system with more than 170M documents analyzed for fraud. Detect fraud in all types of documents: • Bank statements • Pay stubs • IDs • Utility bills • Tax forms • Etc. In all formats (PDFs, images). In all languages. Manually, with a simple drag and drop. Or automatically, using our API. And see if documents are fake, modified and fraudulent, in less than 20 seconds. Detect document fraud in: • Digital lending / Loan underwriting • Customer onboarding (KYC) • Merchant onboarding (KYB) • Tenant screening • Pre employment background checks • Insurance claims And achieve: • 90% less manual reviews • 60% faster fraud checks • 80% of documents approved instantly • 99% accuracy in document verdicts 170M+ docs analyzed. 8K+ fraud & compliance analysts using Resistant AI to detect fraud. 500+ detectors. 100+ patents. Digital Crime Fighter of the Year. Twice Winner of ACAMSPwC Hackathon. Backed by GV, Index Ventures, Credo Ventures, Seedcamp.
2024
Board Member
Jun 2024
Dexory develops autonomous robots and AI logistics solutions to drive better business decisions. Through our DexoryView platform we automate data collection and build real time fed digital twin technology that unlocks insights across all levels of warehouse operations.
2023
Board Member
Aug 2023
Quantum Systems is the powerhouse of intelligent unmanned systems. As a leading dual‑use and defence technology company, we deliver multi‑domain solutions - on land, in the air, at sea, and in software - for government agencies and commercial customers worldwide. Quantum Systems is Europes highest valued dual-use scale up and a global leader in the development of intelligent unmanned systems. We supply mission-grade ISR, autonomy, and integrated mission solutions to military, government, and commercial customers. Quantum Systems products combine proven hardware, AI, and interoperable software to deliver persistent, reliable intelligence where it matters most.
2022
Board Member
Jan 2022
Cognigy is transforming the customer service industry with the most advanced AI Agent platform for enterprise contact centers. Its award-winning solution, Cognigy.AI, empowers enterprises to deliver instant, hyper-personalized, multilingual service on any channel. By integrating Generative and Conversational AI to create Agentic AI, Cognigy delivers AI Agents that redefine customer experiences, drive satisfaction, and support contact center employees in real-time. Built on the world’s leading Conversational AI platform, Cognigy.AI delivers next-gen customer service through solutions like Voice AI Agents, Digital Chat AI Agents, and Agent Copilot. With dozens of pre-trained skills and Agentic AI capabilities, the platform seamlessly integrates into enterprise systems. By leveraging memory and context, Cognigys AI Agents provide hyper-personalized interactions and strengthen customer relationships. Agentic AI also fosters collaboration between AI and human agents, giving them superpowers to deliver exceptional service. Over 1000 brands worldwide trust Cognigy and its vast partner network to create AI customer service agents for their contact center. Cognigys impressive worldwide customer portfolio includes Bosch, Nestlé, DHL, Lufthansa Group, Mercedes-Benz, and Toyota.    For more information and to book a demo visit: www.cognigy.com  We are hiring: https://careers.cognigy.com/ Visit our blog: https://www.cognigy.com/blog Meet our customers: https://www.cognigy.com/customer-success-stories https://www.cognigy.com/legal-notice/
2020
Investor
Apr 2020
The collaborative, AI-powered platform for customer conversations. Trusted by more than 22,000 companies worldwide. Aircall seamlessly integrates voice, SMS, WhatsApp, and social media channels into a single platform, with bi-directional syncing across 200+ essential business apps. Imagine your CRM and Helpdesk data flowing effortlessly into every customer interaction, empowering your team to deliver smarter, more personalized experiences. Trusted by over 22,000 businesses globally, Aircalls AI-powered platform supercharges sales and support. We automate the busywork—optimizing call routing, automating repetitive tasks–while simultaneously delivering actionable insights from across every customer interaction. As a result, your teams are free to focus on what truly matters: building and maintaining customer relationships. Aircall is where your tech stack unites and your teams excel. We transform customer interactions into strategic opportunities, fueling growth and turning conversations into satisfied customers. With Aircall, every connection counts.
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Investment activity
2017–2025 · 9 investments
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