Fundraising Fox

LEA Partners

Growth equity

Karlsruhe · Seed–Late Stage · 11 people tracked

Also known as LEA PARTNERS GMBH

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Investment thesis

LEA Partners acts as an entrepreneurial equity partner to founders and management teams of software and service companies in the DACH region. It focuses on market-leading software businesses with a high share of recurring revenue, including vertical software providers with deep industry expertise and clear market leadership. LEA supports companies across various growth stages, often pursuing focused buy-and-build strategies to consolidate fragmented markets, and helps portfolio companies scale internationally, migrate to cloud platforms, and reach leading market positions.

Source: firm website, verified Aug 25, 2026.

Stage
Seed–Late Stage
HQ
Karlsruhe, DE
Leads rounds
Leads
Instruments
Equity
Founded
2002
Last 12 months
1 investment
AUM
$2.2B
Tracked investments
99

Team · 11 people

from the firm's website & public directories
Christian Roth· Managing Partnerin
Nils Berger· Partnerin
Philipp Hertel· Partnerin
Alexi Malikotsinas· Principalin
Florian Endres· Principalin
Ingo Wewer· Investment Managerin
Manuel Künzig· Associatein

What they invest in

from 54 of 99 portfolio companies

SaaS ×31AI & Machine Learning ×25Enterprise Software ×16Advanced Manufacturing ×9HR Tech ×8Construction Tech ×6Deep Tech ×6Developer Tools ×5

HQs:Germany×26United States×4Austria×1Netherlands×1

Who they back

founder profiles across 15 portfolio companies
93%
solo founders
14 of 15 mapped founding teams

Founding team size:solo founder×144+ founders×1

Investments · 99 tracked

founders shown can be your intro path

By year:2025 · 42024 · 12023 · 12021 · 12016 · 29 dated

8th Wall

AR venture capital company based in Karlsruhe, founded 2019

Aleph Alphaaleph-alpha.comin𝕏

Aleph Alpha develops specialized language models and AI solutions for enterprise and public sector organizations in Europe, prioritizing data sovereignty, regulatory compliance, and domain-specific customization on European infrastructure.

AI & Machine LearningDeep TechEnterprise SoftwareHeidelberg, DE

Samuel Weinbach(Co-Chief Research Officer, Co-Founder)Ilhan Scheer(Co-Chief Executive Officer)inReto Spörri(Co-Chief Executive Officer)

Co-investorsBosch VenturesBurda Principal InvestmentsCavalry VenturesD11ZEarlybird DWES Management GmbH & Co. KGEarlybird Venture Capital+8 more

Alignment Research Centeralignment.org

The Alignment Research Center (ARC) is a non-profit research organization working on aligning future machine learning systems with human interests.

AI & Machine LearningDeep Tech

Allgaier Werke

IT Systemhäuser private equity company based in Ulm, founded 2003

Allgäuer Kraftwerke

Engineering Technology private equity company based in Wildpoldsried, founded 1984

Aoeaoe.comin

AOE is a digital consultancy and technology services firm that provides strategic consulting, software development, and AI integration to build custom digital products and modernize clients' system landscapes.

AI & Machine LearningEnterprise SoftwareSaaS

ARK

AI for Architecture venture capital company based in London, founded 2022

Askuiaskui.comin𝕏Aug 2023

AskUI is an agentic test automation platform where users write tests in plain English and a computer-use agent executes them by observing the screen and reasoning, rather than relying on the DOM or UI selectors.

AI & Machine LearningDeveloper ToolsSaaSKarlsruhe, DE

Dominik Klotz(Founder)

Co-investorsHeartfelt Capital468 CapitalEurazeo

Assemblioassemblio.comin

Assemblio is an AI-powered software that converts CAD data into standardized digital assembly instructions and automatically generates manufacturing bills of materials (MBOMs), while managing engineering changes and versioning.

Advanced ManufacturingAI & Machine LearningSaaS

Co-investorsMätch VC

Atlasatlas.bio

Atlas builds a foundational model of human biology used to predict patient outcomes and run virtual clinical trials.

AI & Machine LearningBiotechHealthtech

Co-investorsFirst MomentumAccel

Atticus Law

Legal Tech venture capital company based in Berlin, founded 2022

Bellinbellin.com
Berndorf

Construction Tech private equity company based in Neubeuern, founded 1982

Binderholzbinderholz.comin𝕏

binderholz is an Austrian family-owned wood processing group that manages the full value chain from forestry and sawmills to solid-wood products, packaging solutions, timber construction systems, and residential housing.

Advanced ManufacturingConstruction TechNew MaterialsFügen, AT

Black Forest Labsbfl.aiin𝕏Nov 2025

AI research lab developing visual intelligence technology including image generation and manipulation models.

AI & Machine LearningDeep TechDeveloper ToolsFreiburg, DE

Robin Rombach(Founder)Andreas Blattmann(Founder)Patrick Esser(Founder)Tim Dockhorn(Founder)

BoardAnjney Midha(Director)in

Co-investorsAir Street CapitalAndreessen HorowitzBroadLight CapitalCherry VenturesEarlybird Venture CapitalHeadline+11 more

Blirobliro.ioinFeb 2025

Bliro is an AI assistant for sales teams that automates administrative work such as meeting preparation, follow-ups, CRM updates, emails, and note-taking during online and in-person meetings.

AI & Machine LearningSaaSSales TechMunich, DE

Maurice Schweitzer(Founder)

Co-investorsRockstart468 Capital

Blok

Software For Blue Collar venture capital company based in Stuttgart, founded 2020

Bryter

Developer productivity venture capital company based in Karlsruhe, founded 2020

Carbowel

Circular Economy private equity company based in Erftstadt, founded 2023

Cardiscardis.ioin𝕏

Cardisio develops Cardisiography, an AI-supported cardiac diagnostic method that uses digital vectorcardiography to generate a 3D-ECG and 19-channel ECG derivation for detecting ischemia, arrhythmias, and structural heart disease.

AI & Machine LearningDigital HealthMedical DevicesFrankfurt am Main, DE

Klaus Tenderich(Founder)

Chaoschaos.com

Chaos develops 3D rendering and visualization software—including V-Ray, Enscape, Corona, and the AI-powered Veras—that connects to CAD and BIM tools to produce photorealistic renderings and animations.

AI & Machine LearningCreator EconomySaaS

Codespherecodesphere.comin𝕏May 2024 · $18M

Codesphere provides a cloud platform and consulting focused on helping enterprise IT and software teams deliver projects on schedule and within budget.

Cloud ComputingDeveloper ToolsEnterprise SoftwareKarlsruhe, DE

Elias Schneider(Executive Officer, Director)Jonas Zipprick(Executive Officer, Director)

BoardCarl Fritjofsson(Director)

Co-investors42CAPBegin CapitalFirestreak VenturesHOF Capital468 CapitalCreandum

Comdirect

Financial Technology private equity company based in Schmitten, founded 1990

Coresh

e-Invoicing & After Sales private equity company based in Kaarst, founded 2007

Cylindocylindo.comin𝕏

Cylindo is a platform that turns a company's product catalog into structured visual content using 3D and AI, producing product-accurate imagery, 360° spins, augmented reality, and configurable product experiences.

AI & Machine LearningE-commerceRetail Tech

Daedalusdaedalus.deinOct 2021

Daedalus provides cloud infrastructure and tools for precision manufacturing operations, offering manufacturing-specific functionality similar to AWS's broader cloud services.

Advanced ManufacturingRoboticsSan Francisco, US

Jonas Schneider(Founder)in

Co-investorsFirst MomentumNGP CapitalY CombinatorAdditionKhosla VenturesTechstars

Daisytunerdaisytuner.comin

Daisytuner offers a compiler and optimization platform with developer tools that compile applications written in PyTorch, NumPy, or C/C++ into a single native artifact and retarget them across CPUs, GPUs, RISC-V accelerators, and photonic processors without code rewrites.

AI & Machine LearningDeep TechDeveloper Tools

Co-investorsLinden Capital

easybilleasybill.dein𝕏

easybill is invoicing software for creating legally compliant invoices, e-invoices (XRechnung, ZUGFeRD), quotes, and reminders, with document capture and DATEV/Lexware accounting integrations.

E-commerceFintechSaaS

easybill & PAQATO
Ecolifeeu.com

.EU.COM is a domain registry offering an unrestricted, globally accessible domain extension as an alternative to the .eu ccTLD, allowing anyone to register without EU residency or business requirements.

Enterprise SoftwareSaaS

Co-investorsHPE GrowthZen11 Holding

Edenspiekermannedenspiekermann.comin

Edenspiekermann is an international independent design consultancy offering design strategy, digital product design, and design systems services for brands and public-sector clients.

Enterprise SoftwareMedia & Entertainment

Erik Spiekermann

Elektromobility+

Future of Mobility venture capital company based in Karlsruhe, founded 2016

Enabl Techenabl-tech.dein

enabl operates a materials-handling-as-a-service platform combining semi-autonomous forklifts with remote human operators to carry out warehouse transport tasks such as truck loading, pallet moves, and high-rack storage.

Co-investorsRethink VenturesVenture Stars

Enscape
Enscape / Chaos Merger
Enscape3Denscape3d.comacquired by Chaos

Construction TechPropTechSaaS

Eos Energy StorageApr 2016

Batteries For Solar venture capital company based in Amsterdam, founded 2024

EnergyEdison, US

Steven Amendola(Director)Steve Hellman(Executive Officer, Director)Phil Black(Executive Officer, Director)Ben Rogers(Executive Officer, Director)George Adamson(Executive Officer)

BoardMichael Oster(Director)

Fintech Acquisition CorpinJun 2016

Financial Technology private equity company based in Ettenheim, founded 1998

New York, US

Betsy Z Cohen(Director)James J McEntee III(Executive Officer)Daniel G Cohen(Executive Officer, Director)

BoardShami Patel(Director)Walt Beach(Director)William Lamb(Director)

Fintech Startups

Developer Productivity venture capital company based in Darmstadt, founded 2024

Flipgetflip.comin𝕏

Flip offers a branded employee app that connects a company's entire workforce, including deskless and frontline workers, through news, chat, knowledge sharing, and HR services in a single mobile experience.

Future of WorkHR TechSaaS

Co-investorsNAPHV CapitalNotion Capital

Flowers Softwareflowers-software.dein

Flowers is a business process automation software that digitizes and automates workflows across areas such as accounting and customer orders, with open interfaces to integrate into existing IT systems.

AI & Machine LearningEnterprise SoftwareSaaS

Gendogendo.aiin

Gendo builds a collaborative AI rendering platform that lets architects and designers turn sketches into photorealistic renders, swap materials, and apply style transfers on a shared canvas for team iteration and client approval.

AI & Machine LearningConstruction TechSaaS

Co-investorsPT1RLC VenturesAscension Ventures

Gesundheit AG

Betriebliche Altersvorsorge venture capital company based in Offenburg, founded 2021

Gixelgixel.de

Gixel develops a display technology for AI and AR glasses, using a novel architecture designed to work with low-cost microOLED light engines instead of waveguides.

AI & Machine LearningDeep TechHardware

Co-investorsLinden Capital

Gydegyde.ioin

gyde is a mobile training platform for frontline teams that uses AI to turn documents, manuals, and presentations into interactive microlearning courses, translated into 35+ languages and accessible via browser or app without an email address.

AI & Machine LearningEdTechHR Tech

Co-investorsCrystal Venture PartnersLightspeed Venture PartnersMätch VCMVP VenturesOptum Ventures

Haufe Grouphaufegroup.comin

Haufe Group provides content, software, and professional training aimed at making people more successful at work.

EdTechHR TechSaaS

Birte Hackenjos(Chief Executive Officer (CEO))Harald Wagner(Chief Financial Officer (CFO))

Heydynoheydyno.dein𝕏

DYNO offers a digital platform for occupational pension schemes (betriebliche Altersvorsorge/bAV) that lets employers set up and manage pensions and lets employees track their contributions and net pension like a modern investment depot.

FintechHR TechSaaS

Co-investors468 CapitalMätch VC

Idlidl.euin𝕏

IDL develops financial performance management software for financial consolidation, planning, forecasting, reporting, and disclosure management, aimed at finance departments of mid-sized and large organizations including the public sector and banking.

Enterprise SoftwareFintechSaaS

Intranavintranav.comin𝕏

Inpixon (Intranav) provides a hardware-independent location intelligence platform that tracks the real-time location and status of assets, orders, and components for industrial manufacturers with high-value products and high error costs.

Advanced ManufacturingIoTLogistics & Supply Chain

Kern AI

Software for Engineers venture capital company based in Stuttgart, founded 2023

Klebl Group

Construction Tech private equity company based in Hannover, founded 1985

Liebherrliebherr.comin

Liebherr is a family-run industrial group that designs and manufactures engineering products and services across many industries, including construction and earthmoving equipment.

Advanced ManufacturingConstruction TechHardware

LITTLE BIRDlittle-bird.de
Luminous

Photonic Computing venture capital company based in Stuttgart, founded 2018

Magazinomagazino.euin𝕏

MAGAZINO, a Jungheinrich company, develops autonomous mobile robots for intralogistics automation, including the SOTO tugger robot for transporting small load carriers and the TORU picking robot for handling boxes and containers from shelving.

HardwareLogistics & Supply ChainRobotics

Maxon

3D Visualization & Design Workflow private equity company based in Karlsruhe, founded 2017

Midocomidoco.dein

Midoco provides midoffice and travel ERP software that automates post-booking processes such as accounting, administration, reporting, and customer service.

Enterprise SoftwareSaaSTravel & Hospitality

Midpagemidpage.aiJun 2025 · $4M

Midpage provides an AI-powered legal research and drafting tool that lets litigators search case law, statutes, and regulations, draft briefs and memos, and run cite checks with responses hyperlinked to real opinions and laws.

AI & Machine LearningLegalTechSaaSWilmington, US

Otto Zastrow-Marcks(Executive Officer, Director)

Moonwattmoonwatt.cominMar 2025

Moonwatt develops energy optimization and management software for grid-scale operations, leveraging renewable energy storage systems.

CleantechCloud ComputingEnergyHardwareSaaSDiemen, NL

Zukui Hu(Founder)in

Co-investorsAFI VenturesDaphniFounders FutureKima Ventures

Netcoo

Future of Work venture capital company based in Offenburg, founded 2013

Exits · 1

IPOs and acquisitions across the tracked portfolio

Enscape3Dacq. by Chaos

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has LEA Partners made?
LEA Partners has 99 tracked investments, 1 of which have exited via acquisition or IPO, including 4 dated in the last 24 months.
What stage does LEA Partners invest at?
LEA Partners invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does LEA Partners focus on?
LEA Partners focuses on Cloud Computing, Enterprise Software, SaaS.
Where is LEA Partners located?
LEA Partners is headquartered in Karlsruhe, DE.
Does LEA Partners lead rounds?
Yes, LEA Partners leads investment rounds.
Who does LEA Partners co-invest with?
LEA Partners most often shares deals with Earlybird Venture Capital, UVC Partners, Headline, among 66 tracked co-investors.

Co-investors · 17

468 Capital

468 Capital is a technology investment firm with offices in Berlin and San Francisco that invests across multiple stages in software, AI, and internet companies. The firm focuses on thesis-driven investments in businesses with experienced founding teams.

Earlybird Venture Capital

Earlybird Venture Capital is a European venture capital investor that backs early-stage technology founders with capital, strategic support, and access to an international network.

$540K – $12M
General Catalyst

General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.

$30M
Notion Capital

Notion Capital is a B2B software-focused venture capital firm built by operators, backing SaaS, cloud and enterprise technology companies.

$1M – $100M
Khosla Ventures

Khosla Ventures is a venture capital firm that invests in early-stage companies focused on technology, mobile, and clean energy sectors, including biotechnology applications. The firm provides capital and strategic support to entrepreneurs developing breakthrough technologies across multiple markets.

Both backed · 1
$5K – $50M
Addition

Addition is a venture capital firm that invests in early and growth-stage tech companies.

Both backed · 1
$1M – $500M
Creandum

Creandum is a venture capital firm that invests in technology companies, backing them at early stages before their potential becomes widely obvious.

Both backed · 1
$216K – $8.6M
HV Capital

HV Capital is a European multistage venture capital firm that backs founders from the first check through IPO, investing across consumer, software, deep tech and AI.

Both backed · 1
$540K – $54M
Lakestar

Lakestar is an investment firm founded by Dr. Klaus Hommels in 2012, managing venture capital funds and personal investments across stages and geographies, with a focus on technology companies supporting Europe's sovereignty and prosperity.

Both backed · 1
$540K
La Famiglia

La Famiglia is a European venture capital fund investing at seed and growth stage in technology companies that enable or disrupt large industries.

Both backed · 1
HOF Capital

HOF Capital is a New York-based venture capital firm investing in companies transforming foundational industries through advanced software and AI.

Both backed · 1
$25K – $15M
Acton Capital

Acton Capital is an early-growth-stage venture investor with over 25 years of industry experience, partnering with a small number of founder-led companies each year to support their growth strategies.

Both backed · 1
$5.4M – $10.8M
5 more co-investors

Cavalry Ventures42CAPUnknown VenturesFreigeist CapitalCusp Capital

Firms observed investing alongside LEA Partners, from public investor directories. Shared companies are the overlap with LEA Partners's recorded portfolio.

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