Heliad Equity Partners leads MODIFI’s €20m Series B funding round
Frankfurt am Main, 14th of September 2021 – Heliad Equity Partners GmbH & Co. KGaA (ISIN: DE000A0L1NN5) welcomes MODIFI to its portfolio by investing a high single digit million amount. Neva, the corporate venture arm of Italy’s leading banking group Intesa San Paolo, as well as existing investors, including Global Founders Capital, Maersk Growth and Picus Capital participated significantly in the round. MODIFI is the only digital trade finance platform for SMEs that spans the three major trading regions of Europe, Asia and North America – a cluster which encompasses approximately 80% of global imports and exports. It provides SMEs with simple digital solutions to finance their trades, protect them from counterparty risk, and easily track and manage their shipments. The new funding round will power major upgrades to the platform, allowing MODIFI customers to take care of all trade-related activities in one place. This includes finding new trade partners and managing foreign exchange risk, among other things.
“MODIFI has not just grown in business and outreach in the last few years but also in its approach to addressing systemic issues related to global trade. We are very happy to support the stellar team around Nelson Holzner, Sven Brauer and Jan Wehrs in their journey to become the leading trade finance and management platform for SMEs. Small businesses represent 90% of all firms worldwide, forming the backbone of local economies. It’s critical that we help them grow and flourish” says Falk Schäfers, CEO of Heliad.
“Smaller businesses lack the tools and know-how to trade with the ease and comfort enjoyed by their larger counterparts. The solutions available out there are fragmented and don’t approach the problem holistically. We have successfully digitized the trade finance industry and are now developing our plat-form into a comprehensive trade management hub that will empower SMEs to take control of their global trade activities. With Heliad Equity Partners and Neva we are delighted to have two new strong partners complementing our existing shareholder base” says CEO and Co-Founder Nelson Holzner.
About MODIFI
MODIFI is a global fintech company that helps small and medium sized businesses (SMEs) finance and manage their international trades. Serving over 1,000 buyers and sellers across more than 40 countries, MODIFI offers simple digital solutions that enable SMEs to trade like large corporates. Through its digital platform the company empowers businesses to grow, fostering strong international partnerships and benefitting local economies. To see how small and medium sized businesses can grow with MODIFI, visit www.modifi.com or follow us on LinkedIn and Twitter.
About Heliad
Heliad (ISIN: DE000A0L1NN5 / Ticker: HPBK) is a listed investment company with a mission to empower both entrepreneurs and investors. The company invests in market leading companies across various verticals and regions to power their next phase of growth. As a listed company and through our strong team and strategic partners, Heliad can support companies pre, at and post IPO and act as a gateway to public equity capital markets. An evergreen structure allows Heliad to act independently of usual fund lifecycles and provides share-holders with unique access to pre-IPO market returns without any restrictions or limitations in terms of investment size and term commitment. Further information about Heliad can be found under www.heliad.com follow us on LinkedIn.
Contact
Heliad Equity Partners GmbH & Co. KGaA
E-Mail: investor-relations@heliad.com
Ulmenstraße 37-39
60325 Frankfurt am Main
Tel. +49 697191280-0
Fax +49 697191280-999
info@heliad.com
Don’t miss out and get our insights
We value your privacy and will never send irrelevant information
and read all the exclusive content right away!
tonies SE is engaged in the manufacturing of children’s digital entertainment products. It offers a smart connected audio player, the Toniebox. The firm’s products are positioned at the intersection of four consumer markets, video gaming, traditional toys and games, connected audio and video streaming.
Patric Fassbender, Marcus Stahl
2013 / 2021
Toys & Entertainment
Luxembourg
flatexDEGIRO AG is one of the leading online retail brokers in Europe with over 2 million customers, offering low-cost brokerage, securities, and credit servicing for a broad range of securities in a total of 18 countries. Its products include equities, bonds, ETPs, ETFs and mutual funds.
Bernd Foertsch, Frank Niehage, Muhamad Said Chahrour, Stephan Simmang
1999 / 2009
Online Brokerage
Frankfurt
UpScalio is an eCommerce brand investor and operator that provides financial services to invest in, grow, and buy businesses. It provides funds to digital brands selling on eCommerce marketplaces like Amazon, Myntra, Flipkart and Nykaa and manages key operations for them including multi-marketplace management, digital marketing, branding, logistics, sourcing, finance, and business operations.
Gautam Kshatriya, Saaim Khan, Nitin Agarwal
2021 / 2021
E-commerce Aggregator
Gurugram (India)
Finn follows the mission to make mobility fun and sustainable. Finn helps everyone who loves driving their own car but refuses the struggle, commitment and intransparent costs associated with car ownership by offering all-inclusive, immediately available, monthly car-subscriptions.
Max-Josef Meier, Nikolai Schröder, Andreas Wixler, Max Beyer, Maximilian Wühr, Jürgen Lobach
2019 / 2021
Subscription
Munich
NewtonX is the only B2B research company that connects forward-thinking companies with the exact professionals required to solve any problem. NewtonX partners with the world’s top consultancies, marketers, and technology companies to field large-scale quantitative surveys, facilitate qualitative interviews, engage in long-term consultations, and create customized research plans.
Sascha Eder
2016 / 2021
B2B Market Research (SaaS)
New York
InstaFreight is a digital forwarding company for B2B customers, that enables fast and uncomplicated processing of freight transports. By offering innovative solutions and providing first-class service, they reduce the complexity of the supply chain and ensure absolute transparency for their customers and carriers.
Philipp Ortwein, Maximilian Schaefer, Markus Doetsch
2016 / 2022
Logistics
Berlin
Dr. Christopher Oster, Chris Lodde, Dr. Marco Adelt
2015 / 2021
InsurTech
Frankfurt
Klarna is the leading global payments and shopping service, providing smarter and more flexible shopping and purchase experiences to 147 million active consumers across more than 400,000 merchants in 45 countries. Klarna offers direct payments, pay after delivery options and instalment plans in a smooth one-click purchase experience that lets consumers pay when and how they prefer to.
Sebastian Marcin Siemiatkowski, Michael Jonathan Moritz
2005 / 2021
Payment Solutions
Stockholm
Springlane builds lifestyle brands for food enthusiasts that focus on people. Springlane started as a leading online retailer for food enthusiasts, offering more than 20.000 products from 750 premium brands before becoming a leading community for foodies with integrated D2C brands including one of the biggest German food blogs. The community promotes the brand and generates content at the same time.
Marius Till Fritzsche, Dr. Jens Rühle, Timo Josten
2012 / 2012
E-Commerce / D2C
Düsseldorf
Tushar Ahluwalia, Dr. Oliver Dlugosch, Christoph Felix Gamon and Shrestha Chowdhury
2020 / 2021
FBA Aggregation
Berlin
Nelson Holzner, Sven Brauer and Jan Wehrs
2018 / 2021
FinTech
Berlin
Enpal is a photovoltaics leasing firm that provides solar power systems. Its product already enables customers to reduce their electricity expenditure through a solar system and a green all-inclusive energy solution.
Mario Kohle, Viktor Wingert and Jochen Ziervogel
2017 / 2021
Renewable Energy
Berlin
WorkMotion digitizes and simplifies time-consuming onboarding processes, helping companies to hire & onboard talents internationally, easily and compliantly in 160+ countries without a local branch. In addition to employment contracts, WorkMotion also offers services including pay slips, tax registrations, and personnel management.
Carsten Lebtig, Felix Steffens and Karim Zaghloul
2020 / 2022
HR-Tech
Berlin