October 24, 2019

G2K Group Growth Financing

North Channel Bank Supports Security Software and Intelligent Data Management Provider

North Channel Bank supports the G2K Group in its current growth period with financing. “The G2K Group has established itself in a highly future-oriented business segment and, with its “Situational Awareness Builder”, has a unique strategic selling proposition. We are therefore very pleased that we can assist this innovative company in this important phase”, explains Harald Zenke, Managing Director of North Channel Bank GmbH & Co. KG.

Growth Financing for Digital Innovations

G2K Group GmbH develops standardized AI-based solutions for different business areas. Its managing directors and company founders Karsten Neugebauer and Omar El Gohary state: “In a true partnership fashion North Channel Bank has been at our side throughout, responding quickly and creatively to assist us scaling our business  during its current growth stage with their clear, experience based knowledge and understanding of the fundamental business principles that drive success.” 

Situational Awareness Builder: Artificial Intelligence for Better Decision Making

G2K is an experienced IoT platform provider. Its core product, the SAB (Situational Awareness Builder), is an artificial intelligence that captures and analyzes the environment to the extent that relevant events can be detected early by the system and automated measures can be initiated. This results in valuable optimization potential that maximizes security and increases efficiency. The platform collects and analyzes data from physical and digital sources, enabling the user to act proactively.

With its smart use cases for awareness based decision-making G2K enables companies, in the retail sector as well as operators of complex infrastructures to achieve sales increases, cost reductions, more security, and higher customer satisfaction.

North Channel Bank GmbH & Co. KG was founded in 1924 as the privately owned bank Bankhaus Oswald Kruber, located in Berlin. In 2009, a group of North American investors with expertise in the US Life Settlement sector acquired the bank and renamed it North Channel Bank. In the following years the bank developed into one of the leading institutes in US Life Settlement financing. 2013 with the acquisition of its affiliate NorthStar Life Services, LLC, Irvine, California the bank gained direct access to and influence on a reliable, experienced, and renowned service provider. Today, in addition to financing, the bank also offers investments in US Life Settlements. In the structured finance division the bank focuses in particular on financing in the renewable energies sector, (especially equity interim financing), capital goods and growth financing.

The G2K Group GmbH (Get to know) is a software company that offers a modular analysis platform based on artificial intelligence (AI) that sets standards in process optimization in various industries, increasing revenues and reducing costs. G2K is a German company headquartered in Munich, Germany, and is active in metropolitan regions worldwide. In addition to two branches in Germany (Munich, Berlin), G2K has subsidiaries in North America and the Middle East.

The product of the G2K Group is the “Situational Awareness Builder” (SAB), an intelligent and modular platform that can serve multiple use cases simultaneously.

Further information under www.get2know.com.