Our vision
Eliminate quality risks in life science supply chains by enabling continuous digital supplier evaluation.
About Us
ChemSquare was founded out of a Ph.D. program at the Technical University of Darmstadt in September 2017 with the mission to increase transparency and safety across the pharmaceutical supply chain. Our vision is to eliminate quality risks in life science supply chains by creating a digitally connected ecosystem. Today we operate the first online platform for GxP audits that connects pharma companies, suppliers, and auditors. The Qualifyze platform provides customers access to an extensive network of qualified auditors. It further allows them to request supplier audits in just a few clicks and enables the tracking of all CAPAs. Through the sharing of audits with several pharma companies, the audit burden for suppliers is reduced and the CAPA update to customers is simplified. Our Team consists of 10 people, all experts within their field. Our quality team comprises of two people with extensive experience in the pharma auditing industry. The Qualifyze IT team builds the back-bone for our vision. Data integrity, cybersecurity, and a holistic service approach are at the forefront of everything that we do. Cooperation and exchange are the guiding principles of our sales team so that we can thoroughly understand your need to act accordingly and provide a solution tailored to your needs.
Our Approach
Enabled by new digital technologies, we see great potential in creating one single digital network, in which customers, suppliers, auditors, subcontractors and official authorities are connected and continuously exchange quality data in a secure way. A global pool of independent and accredited auditors, who audit suppliers around the globe on a regular and demand-driven basis, publish their results on our platform. This enables customers to continuously receive qualification-relevant information without having to conduct extensive audits themselves. They have access to a customized supplier monitoring dashboard, and receive the most recent and relevant quality data on their suppliers. Due to higher re-use of quality data, the overall number of supplier audits is reduced. This leads to significant cost reduction for all industry stakeholders, while also increasing transparency and safety along the value chain.
The Team
Advisory Board
Dr. Bernhard Düttmann
Dr. Düttmann was formerly a member of the Executive Board of Lanxess, Beiersdorf and Tesa. Lastly, Dr. Düttmann worked as interim CFO at Stada and CECONOMY, Europe's leading consumer electronics group. He is currently engaged as interim CEO at CECONOMY. Dr. Düttmann holds a doctorate in Business Administration.
Dr. Udo Jung
Dr. Jung is Senior Advisor of the Boston Consulting Group. He started in 1990 advised as Senior Partner and Managing Director clients in the basic chemicals, specialty chemicals and life science industries as well as in chemical distribution based in Germany, Europe, US and Asia. His area of expertise includes growth and sustainability strategies, business model development as well as its execution. He also focuses on supply chain strategies in the circular economy. Dr. Jung holds a PhD in Business Administration.
Our Office
Our office is located in the heart of Frankfurt and only 15 minutes by foot from the central station. The office belongs to Sleeves Up!, a modern workspace with comprehensive office infrastructure accessible for Startups, founders and small enterprises.
SleevesUp! Frankfurt Gallus
Mainzer Landstraße 180
60327 Frankfurt am Main
Germany
Milestones
September 2017
Founding of ChemSquare
January 2018
Florian joins as a co-founder
May 2018
Go-Live online marketplace for chemical raw materials
June 2018
Go-Off online marketplace for chemical raw materials
August 2018
Testing of various hypotheses in the field of supplier qualification
November 2018
Winner of University Innovation Challenge
December 2018
Go-Live of supplier audit marketplace
January 2019
Axel Springer Porsche (APX) joins as investor
February 2019
Full focus on supplier audits
March 2019
More than 100 audit requests received through online platform
April 2019
Win of HTGF Chemical Pitch Day 2019 + featured in Chemanager’s April 2019 innovation pitch
July 2019
ChemSquare raises seven-digit finance round to accelerate growth
May 2020
ChemSquare rebrands to Qualifyze