Frank Thelen is a European serial founder, tech investor and TV personality based in Bonn, Germany. Since 1994, he has started and run technology- and design-driven businesses. In his role as the Founder and CEO of venture capitalist e42, he focuses on seed and early-stage investments. His track record of founding disruptive companies now spans two decades, whereby his products have reached 200+ million consumers in 60+ countries, gathering prestigious awards along the way, such as the Innovate4Society award, presented to him by Angela Merkel. In 2014, Frank joined Sony Pictures prime-time TV show “Shark Tank”, broadcasted in Germany on VOX as “Die Höhle der Löwen”.

 

Founder

1994 - 2004

 

Softer Solutions: Frank founded his first company Softer Solutions at the age of 18 in 1994. The company provided an innovative framework to produce high-end multimedia CD-ROMs, as a faster and more flexible alternative to the popular Macromedia Director.

 

Create Media: In 1996, Softer Solutions merged with Pro PC and published several Multimedia CD-ROMs under the Create Media brand. Create Media also created and ran some of the first major websites in Germany, including hallo.de and bilder.de.

 

Twisd AG: In 1997, Frank received 1.4 million DM venture capital to create and sell a Linux-based router (LIC: LAN Internet Connect) to connect local networks with the internet. LIC was one of the first devices to introduce management via web interface and was based upon a highly-customized Linux Kernel optimized for security. Twisd also developed one of the first web application frameworks (APL) as a Zen C++ module. The company prepared for IPO in 1999 but went bankrupt with the dot.com bubble burst.

 

 

2004 - 2011

 

ip.labs: Founded in 2004, ip.labs develops and licenses an online photo service platform (IPS) to create and order photo products such as prints, greeting cards and books from digital photos. ip.labs became the worldwide leader in this market and was acquired by the Fujifilm Group in 2008.

 

 

2011 - 2015

 

doo: Founded in 2011, doo received $10m in funding, with Lars Hinrichs and Prof. Dr. Dr. h.c. mult. Hermann Simon as board members. The initial product “the document app” received renowned awards, including being selected as “App of the Year” by Apple. It was one of the first AI-centered document management systems and offered native apps with real-time cloud sync. However, after two years in the market, the consumer traction did not meet the expectations of the management and investors. Frank was forced to pivot from a large platform vision to a one-purpose app that generated revenue, namely Scanbot.

 

Scanbot: Scanbot launched in 2014 and is today the leading document scanner app for iOS and Android. The Scanbot team has developed proprietary technology, e.g. to detect documents on all surfaces, recognize document types and smart filters to enhance the scan quality.

Apple has awarded Scanbot “Best of 2014”, “Best of 2015” and “Editors’ Choice” awards.

 

 

2016

 

In 2016, Frank resigned as the CEO of Scanbot to focus on his CEO role at e42.

 

Investor

 

2010

 

Wunderlist
Wunderlist
kaufda
kaufda
mytaxi
mytaxi

 

2012

 

hole 19
hole 19
zenshopping
zenshopping
Goal United
Goal United
42reports
42reports

 

2014

 

iTravel
iTravel
meinespielzeugkiste
meinespielzeugkiste
doo (formerly viovendi)
doo (formerly viovendi)
Outbank
Outbank

 

2015

 

Von Floerke
Von Floerke
Lilium Aviation
Lilium Aviation
Little Lunch
Little Lunch

Exits

ip.labs > FujiFilm
ip.labs > FujiFilm
kaufda > Axel Springer
kaufda > Axel Springer
GoalUnited > Travian
GoalUnited > Travian

Wunderlist > Microsoft
Wunderlist > Microsoft
mytaxi > Daimler
mytaxi > Daimler

TV Personality

2014

 

In 2014, Frank joined the Sony Pictures prime-time TV show “Shark Tank”, broadcasted in Germany on VOX as “Die Höhle der Löwen”. The international show is broadcasted as “Shark Tank” in the US and “Dragons’ Den” in the UK and has become one of the most successful TV shows. In the first season, Frank is investing with Vural Öger, Jochen Schweizer, Judith Williams and Lencke Steiner.

 

2015

 

The second season of “Die Höhle der Löwen” achieved even better ratings than the first, winning the German “Deutsche Fernsehpreis 2016” award for the best factual entertainment show. The show was also nominated for the “Grimme” award and the award of the German TV Academy in the entertainment category, as well as winning the “Ernst-Schneider-Preis” for innovation and economy in a TV entertainment show.

 

2016

 

Frank will return as a jury member in the third season of “Die Höhle der Löwen”, which is aiming to become even larger this year with a refreshed jury and more startups. Frank continues his engagements as a testimonial and mentor, which will be announced soon. Furthermore, Frank has also appeared in “Hart aber Aber Fair”, “Markus Lanz” and many other TV shows.

Awards & Honors

 

2011 Recognized as a Hidden Champion by Prof. Dr. Dr. h.c. mult. Hermann Simon.
2012 Dr. Angela Merkel presented Frank with the 'Innovate 4 Society' award from Microsoft.
2013 Apple selects doo as “App of the year”
2014 Scanbot is TNW’s App of the Year
2014 Apple selects Scanbot as “Best of 2014”
2015 Grimme Preis nomination for “Die Höhle der Löwe, 2nd season”
2015 Ernst-Schneider-Preis for “Die Höhle der Löwe, 2nd season”
2015 Scanbot is nominated as “Editors’ Choice” by Apple
2016 Deutscher Fernsehpreis “Best Factual Entertainment”

 

Testimonial

 

2014 Microsoft - „Make it Happen“
2014 o2/Telefonica- #meinbusiness
2015 Deutsche Telekom - Top Apps
2015 Microsoft - „Make it Happen“
2015 Chivas Regal - The Venture
2016 Jimdo - Build your new site!
2016 Chivas Regal - The Venture
2016 Liechtenstein - Impuls Liechtenstein

 

Keynote Speaker

 

Frank performs keynotes at leading global tech events like F.ounders, The Next Web, European Pirate Summit, IdeaLab!, Pioneers Festival and the Startup Camp. Furthermore he speaks at schools to promote “starting a company” as a vivid alternative to “corporate hell”.