Tech Company Financing Transactions
HERO Software Funding Round
HERO Software, based in Hannover, received $43.5 million in funding from Eight Roads, Cusp Capital and Federated Hermes.
Transaction Overview
Company Name
Announced On
7/12/2024
Transaction Type
Venture Equity
Amount
$43,500,000
Round
Series B
Investors
Proceeds Purpose
With the new funding, HERO Software plans to invest in its team, new talent, expand into new markets and further develop its SaaS offering.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Göttinger Hof 9
Hannover, 30453
Germany
Hannover, 30453
Germany
Phone
Website
Email Address
Overview
To develop the best, tailor-made software for craft businesses. With this mission, HERO has quickly established itself as the market leader in the field of cloud-based business software since it was founded in 2020. From order management to invoices, employee management, time recording and construction site planning, the range of functions includes everything. Although these features are not absolutely new from a technical point of view, the consistent focus on intuitive operation, excellent customer support and mobile use via the cloud make the decisive difference in practice compared to other solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Michael Kessler
Founder
Philipp Lyding
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