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Today: June 21, 2024
June 21, 2024
1 min read

DealCircle Locks in Non-Dilutive Funding



TLDR:

DealCircle, a German M&A matchmaking platform, secures non-dilutive growth capital from Round2 Capital to support business expansion. The funding will help accelerate growth, enhance tech stack, and invest in AI tools.

Key Points:

  • DealCircle secures 7-figure euro funding from Round2 Capital to support business expansion.
  • The funding will be used to accelerate growth, enhance tech stack, and invest in AI tools for product enhancements.

Full Article:

Hamburg-based DealCircle, a company offering technology-based M&A solutions for M&A advisors and buyers, has secured a 7-figure euro funding deal from Round2 Capital to support its business expansion. The revenue-based finance investment aligns well with DealCircle’s success-based business model. Founded in 2018 by Kai Hesselmann and Graig Gröbli, the company has been bootstrapped until now. Round2’s investment will help DealCircle accelerate its growth, invest in its tech stack, and enhance AI tools for product enhancements and increased value creation. The company aims to market over 1,500 projects this year and plans to expand its tech team with more Machine Learning Engineers and Data Scientists.

DealCircle offers an M&A matchmaking solution that simplifies buyer-identification and market approach processes for M&A advisors. Leveraging data and buyer preference insights, DealCircle helps identify suitable buyers and grants M&A advisors access to its investor database. The company’s goal is to enhance automated, AI-generated buyer shortlists with the funding from Round2, ensuring AI accelerates growth without disrupting the business model.

Round2 Capital, a pan-European growth investment firm with €180M under management, supports digital and sustainable business models in Europe. The firm’s investment in DealCircle reflects its confidence in the company’s growth trajectory and tech investments. With Round2 as a strategic growth capital partner, DealCircle aims to further develop its visionary goals and utilize AI to propel growth in the M&A industry.


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