The Pre-Seed Angel Fund for SaaS Startups

Dracoon provices a high secure file management platform for Enterprises to effectively control access, transfer and share sensitive data on all devices at any time. 

Dracoon’s file security platform  was developed and designed to provide uncompromising safety with

  • end-to-end client-side encryption
  • fine-grained user and rights management alligned with corporate security policies
  • integrated multifactor authentication, supporting any compliance guidelines and regulations


Oct 2017: SSP Europe renamed to Dracoon GmbH.

Mar 2012: SSP Europe (now Dracoon) becomes a SaaSgarage portfolio company and raises Ser Pre-A funding with

Mar 2011: SaaSgarage leads a Ser Pre-A funding. 

Sep 2010: The company raises its first external funds from German’s High-Tech Gruenderfonds (HTGF), who  introduces SaaSgarage to SSP Europe’s (now Dracoon) founder Dr. Dieter Steiner. 

June 2008: Foundation


At a glance

Category: Data Security

Delivery Model: Enterprise Software as a Service (B2B SaaS)

Founded: 2008

Founders: Dieter Steiner

Headquarters: Dracoon GmbH, Regensburg, Germany

# Employees: 80+ (as of Jan 2023)

Funding history:

Series D

Feb 2021

+ several existing shareholders

Series C

Dec 2018

(Kai Ch. Adolph)

+ several existing shareholders

Series B

Sep 2013

P&W Media GmbH
(Daniel Maehler)

Series A

Nov 2012

P&W Media GmbH
(Daniel Maehler)

Series Pre-A (Convertible)

March 2011

P&W Media GmbH
(Daniel Maehler)

Series Seed

Feb 2010