Berlin/Frankfurt, Germany – The digital platform Leverest has successfully closed its Seed financing round with BMH as well as seasoned angel investors
Together with a round of seasoned angel investors from private equity, investment banking, start-ups and technology, BMH Beteiligungs-Managementgesellschaft Hessen mbH has invested in Leverest closing a seven-figure Seed financing round. The young financial technology company (“Fintech”), Leverest, has developed a scalable software-as-a-service (“SaaS”) platform on which investors can finance acquisitions and leveraged buyouts and manage the entire, highly complex process from lender selection & approach through due diligence & Q&A to term negotiation and documentation.
Leverest GmbH, with locations in Berlin and Frankfurt am Main, was founded by Jan-Moritz Hohn in October 2020. As a former investment professional at a well-known private equity fund, Jan was involved in numerous corporate acquisitions and investments. He regularly had to set up complex financing structures, which until now had been carried out entirely manual in a time-consuming process. This gave rise to the idea of building a digital marketplace that smoothes the process for all parties involved.
Thus, Jan and the founding team developed Leverest as the first “digital debt” platform for large-volume leveraged buy-outs, add-on transactions as well as for refinancings. As a digital marketplace, the platform is tailored to the needs of investors (such as private equity funds, industrial holding companies or family offices), lenders (such as banks or private debt funds) and intermediaries (such as lawyers or debt advisors). Benefits for users include, increased process speed and transparency during the transaction, less manual work, reduced error susceptibility and higher security standards.
“With Leverest, we aim to drastically reduce the enormous manual effort and inefficiencies for all parties involved in complex leveraged buyout transactions setting new industry standards” comments Leverest founder and CEO, Jan-Moritz Hohn, on his vision. “The support of our industry-experienced investor base will help us to leverage our pioneering momentum and reach our next phase of growth. We look forward to working together.”
The funds from the Seed financing round will be invested in the further technological development of the platform, the implementation of new features and the expansion of sales operations.
Leverest is a tech-enabled debt advisory platform connecting investors, lenders and advisors thereby facilitating the debt financing process and digitizing investment banking services. As a marketplace for leveraged finance, Leverest blends market-leading debt expertise with digital tools along the debt process achieving superior financing outcomes and a best-in-class debt process with increased transparency for all parties involved.
Beteiligungs-Managementgesellschaft Hessen mbH (“BMH”), headquartered in Wiesbaden, is a medium-sized investment and venture capital company and bundles public investment interests and financing instruments for early-stage, growth and medium-sized companies in Hesse. BMH currently manages seven investment funds with an invested investment volume of around 125 million euros. Since its foundation, BMH has invested over 250 million euros. Investment focuses include the software & IT, life sciences, mechanical and plant engineering, industrial goods, professional services and e-commerce sectors.