Our Team advises xentral on its $75 Million Series B round

Augsburg-based xentral has raised $75 million in a series B financing round led by Tiger Global and Meritech with further participation of the existing investors Sequoia Capital and Visionaries Club.

xentral is reimagining the ERP market with a modular, easy-to-use cloud platform that enables companies to focus on their growth instead of back-end administration by providing them a flexible and fast to implement ERP solution. The Founders Benedikt and Claudia plan to use the series B investment to accelerate the strong growth, further develop the product, hire further talent and expand in the UK.

Our Team has been advising xentral since the seed round and has now also advised on the negotiations with the investors and the successful closing of the current growth financing round.