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YPOG advises Eight Roads on €40 million Series B financing round of HERO Software

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Berlin, July 2024 – YPOG advised lead investor Eight Roads Ventures on the €40 million Series B financing round of HERO Software. Federated Hermes and existing investor Cusp Capital also participated in the round.

HERO Software was founded in 2020 by Dr. Michael Kessler and Philipp Lyding in Hanover and offers a SaaS platform that was specially developed for medium-sized craft businesses. The start-up company is the leading provider of business software for trade businesses in the DACH region.

With the new capital, HERO Software plans to invest in its team and new talent, expand into new markets and further develop its SaaS offering. HERO's goal is to offer the best software to small and medium-sized craft businesses in order to make them more successful in the long term. 

Team

Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner, Berlin
Dr. Lutz Schreiber (IP/IT/Data Protection), Partner, Hamburg
Dr. Benedikt Flöter (IP/IT/Data Protection), Associated Partner, Berlin
Tobias Lovett (Co-Lead, Transactions), Senior Associate, Berlin
Matthias Treude (IP/IT/Data Protection), Associate, Hamburg
Farina Weber (Transactions), Associate, Berlin
Dr. Florian Wittner (IP/IT/Data Protection), Associate, Hamburg

About Eight Roads Ventures

Eight Roads Ventures is a global venture capital firm that helps entrepreneurs grow. With offices in Europe, Asia and the US, Eight Roads Ventures has more than 50 years of venture capital investment experience, $11 billion AUM and over 300 portfolio companies, including Alibaba, Amenitiz, AppsFlyer, Chewy, Fareye, Fever, Flywire, Fireblocks, Funnel, Gloat, Hibob, Icertis, Lighthouse, Neo4j, Owkin, Paidy, Spendesk, Tibber, Toast, Wallapop and Xoom.

Further information: https://eightroads.com/en/.

 

Download Press Release: YPOG advises Eight Roads on €40 million Series B financing round of HERO Software

 

About us

YPOG stands for You + Partners of Gamechangers. As a leading law and tax firm, YPOG supports founders, investors, companies and funds in Germany and internationally in bringing visionary ideas to life in the tech ecosystem and dynamic future markets.
YPOG advises on the structuring of venture capital and private equity funds, financing rounds and complex transactions, as well as on regulatory and tax matters relating to digital assets and financial innovation. As a strategic partner, YPOG develops practical solutions of the highest legal standard. 
The firm combines legal and tax expertise with legal tech, digital workflows and AI-based systems to provide efficient and scalable advice.
YPOG and its professionals are regularly recognised by JUVE, Chambers and Partners, The Legal 500, Best Lawyers and Leaders League. More than 380 lawyers, tax advisers, tax specialists, one notary and business professionals work for YPOG across its offices in Berlin, Cologne, Hamburg and Munich. 

Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog

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