London-based One Peak, a personal fairness agency centered on progress stage B2B software program corporations in Europe and Israel, introduced on Tuesday that it has closed its third fund, One Peak Development III, at $1B.
With $2B in property below administration, One Peak now turns into the most important European fund devoted to backing fast-growing B2B software program corporations within the $15M-$100M funding vary.
Humbert de Liedekerke Beaufort, Co-founder and Managing Associate, says, “Development fairness is a considerably underrepresented asset class in Europe versus the US and China. There are a lot of world-class founders in Europe who want capital and assist to win globally, and One Peak fills that hole for the perfect B2B software program corporations. With Fund III, we’ll proceed to companion with essentially the most formidable founders and assist them with our sector experience, world community, and value-creation platform to construct enduring corporations towards the backdrop of in the present day’s macroeconomic headwinds. $15–100m is our funding candy spot, the place we act as a catalyst to speed up progress and assist corporations notice their full potential.”
The VC says that the funds for One Peak Development III come from a various group of traders from the US and Europe, together with blue chip college endowments, foundations, public pensions plans, insurance coverage corporations, asset managers, fund of funds, and household workplaces.
One Peak: What it is advisable to know
Based by David Klein and Humbert de Liedekerke Beaufort, One Peak is a progress fairness funding agency that invests in expertise corporations within the scale-up part.
Moreover progress capital, One Peak additionally gives working experience and entry to an intensive community of entrepreneurs.
The VC identifies alternatives via PULSE, a proprietary sourcing and enterprise intelligence software program platform.
The platform integrates with many knowledge sources and identifies essentially the most promising alternatives for brand new investments and bolt-on acquisitions for One Peak’s portfolio corporations.
Over the previous eight years, One Peak has constructed a concentrated portfolio of minority stakes in numerous software program corporations, together with Cymulate, Deepki, DocPlanner, PandaDoc, Neo4j, and Spryker Programs.
David Klein, Co-founder and Managing Associate, says, “We’re finally within the enterprise of investing in distinctive founders, and we work alongside them with the identical ardour and dedication as they do. Our worth-add is considerably enhanced by our totally built-in Worth Creation Crew, significantly when hiring the perfect expertise, accelerating top-line progress, driving world growth, and bettering product and expertise capabilities. It is a key differentiator for our portfolio corporations in constructing generational corporations. Final however not least, we’re grateful to our founders and LPs from across the globe for his or her continued belief.”
One Peak’s investments embody Ardoq, Brightflag, Coople, Cymulate, DataGuard, Deepki, DocPlanner, Emnify, HighQ, Infermedica, Keepit, Lucca, Neo4j, Orgvue, PandaDoc, Paysend, Quentic, Spryker Programs, and extra.