LEA Partners

LEA Partners is a private equity and venture capital firm founded in 2002 and based in Karlsruhe, Germany. The firm focuses on investing in B2B technology companies throughout Europe. With an entrepreneurial mindset, LEA Partners aims to support ambitious founders and executives by providing practical, hands-on growth expertise to help them achieve market leadership. Through its multi-stage investment approach, the firm seeks to foster the growth of its portfolio companies and drive innovation within the technology sector.

Nils Berger

Principal

Philipp Hertel

Partner

Alexi Malikotsinas

Principal

Sebastian Müller

Managing Partner

Moritz Pagel

Associate

Kerstin Pfleger

Principal and Head, Fund Operations

Christian Roth

Managing Partner

Nils Seele

Partner

Kurt Weise

Principal

44 past transactions

Moonwatt

Seed Round in 2025
Moonwatt solves problems of the energy transition through innovative energy products hardware and software.

bliro

Seed Round in 2025
Bliro is a conversation intelligence platform designed for enterprises that enhances productivity by transforming business meetings and calls into actionable data. The platform operates invisibly, utilizing artificial intelligence to listen to conversations and extract key information without the need for meeting bots. Bliro integrates seamlessly with popular tools such as Zoom and Microsoft Teams, facilitating tasks like updating customer relationship management systems, documenting meeting notes, and automating follow-up communications. Its unique AI App Store, likened to a "Zapier for Voice Data," enables diverse use cases, including functions like serving as an AI sales coach. By streamlining manual processes, Bliro helps organizations improve efficiency and better manage customer relationships.

gyde

Seed Round in 2024
Gyde is a developer of a digital platform focused on leadership and talent development. The company provides a comprehensive talent development solution that includes digital micro-learning and cross-company coaching for managers. Through its platform, Gyde facilitates app-based microlearning and thematic exercises, allowing employees to engage in peer coaching sessions and group coaching via video calls. This approach fosters social learning by connecting employees with peers from different organizations, addressing various leadership challenges and enhancing their professional growth.

Gendo

Seed Round in 2024
Gendo is a browser-based application aimed at streamlining the design process for architects and designers by rapidly generating images from their designs. It utilizes generative AI and machine learning to significantly reduce render times, transforming hours of manual work into minutes and providing an extensive array of materials and characters for CGI and VFX. By removing the need for costly software licenses and high-performance hardware, Gendo makes advanced design capabilities more accessible, thereby enhancing creative workflows and allowing professional artists to produce more realistic and diverse visual content efficiently.

paretos

Series A in 2024
Paretos is an AI-based decision intelligence platform that empowers organizations to make effective, data-driven decisions. It allows business users to analyze complex data and predict future outcomes without requiring data science expertise, thanks to its no-code user interface and seamless integrations. The platform has proven successful in various sectors, including e-commerce, logistics, and consulting, with notable implementations among companies such as Accenture and a major European parcel service. Paretos offers a range of use cases, including recommendation engines, dynamic pricing, ad spend optimization, and demand and churn prediction, demonstrating its versatility and impact as a horizontal solution that enhances operational efficiency across different industries.

Flowers-Software GmbH

Venture Round in 2024
Flowers Software is an organization management for digitizing, simplifying and automating recurring workflows.Flowers -Software can be used independent of company size, industry, region, and existing company structure due to its highly flexible no-code process editor.

Codesphere

Series A in 2024
Codesphere Inc. is a cloud platform established in 2020, headquartered in Wilmington, Delaware, with additional offices in Germany. The company focuses on simplifying the software development process by providing a comprehensive suite of tools that allow developers to write, test, and deploy code directly from their browser. Its offerings include an online code editor, GitOps, and cloud collaborative services, which streamline development environments and facilitate efficient collaboration among teams. By integrating continuous integration and continuous deployment (CI/CD) capabilities, Codesphere enables clients to manage projects effectively and scale applications globally without requiring extensive DevOps experience. This innovative approach aims to accelerate software innovation while addressing the complexities traditionally associated with application development.

Assemblio

Seed Round in 2024
Assemblio is a company that specializes in optimizing assembly processes for various industries, aiming to enhance productivity and reduce costs. Founded in 2022 as a spin-off from Stuttgart's Fraunhofer Institute for Manufacturing Engineering and Automation IPA, Assemblio utilizes artificial intelligence and web technologies to streamline assembly planning. Their platform allows users to disassemble CAD files and generate assembly plans in multiple formats, including 3D step-by-step instructions. By automating traditionally labor-intensive tasks, Assemblio seeks to improve the assembly experience and significantly reduce the time required for planning, transforming weeks of work into mere minutes.

Aleph Alpha

Series B in 2023
Aleph Alpha GmbH is a Heidelberg-based company specializing in the design and development of artificial intelligence solutions that enhance human-machine interactions. The company focuses on creating AI-driven technology for both public and private sectors, offering products that incorporate machine learning for improved data protection against cyber threats, leak detection, and traceability. Aleph Alpha operates a platform that develops and deploys large language models, supporting a robust AI ecosystem in Europe. Its generative AI solutions empower enterprises and governmental organizations to create intelligent products, positioning Aleph Alpha as a key player in the advancement of AI technology.

Dyno

Pre Seed Round in 2023
DYNO is a company that offers digital and provision-free solutions for occupational pension schemes.

AskUI

Seed Round in 2023
AskUI is focused on creating an innovative user interface test automation solution that prioritizes a human-centered approach. The company develops a platform powered by artificial intelligence, which understands applications and their context. By utilizing natural language processing, AskUI enables the automation of UI tests based on visual features, allowing for a no-code, black-box testing experience. This approach simulates real user interactions, enabling clients to automate a wide range of UI commands effectively. Through its unique methodology, AskUI aims to enhance the efficiency of testing processes while ensuring a more intuitive understanding of user interfaces.

Turn2X

Seed Round in 2023
Turn2x is focused on developing advanced technology for the production of renewable natural gas (RNG). The company specializes in constructing plants that convert renewable electricity from sources such as solar and wind into biogas. Additionally, Turn2x offers modular methanation reactors that can adapt to variable load changes, allowing industries to access a cleaner and more sustainable alternative to fossil natural gas. Through its innovative approach, Turn2x aims to contribute to the transition towards renewable energy solutions.

enabl

Pre Seed Round in 2023
Enabl operates a digital platform that streamlines the connection between warehouse systems and transportation services. By enabling customers to link their vehicles to drivers, the platform facilitates the scheduling of material transportation with ease. This process allows for both traditional drivers and autonomous systems to execute transport orders remotely, offering flexibility in logistics operations. Enabl also specializes in developing remote control systems for forklifts, providing tailored automation solutions aimed at optimizing long-good logistics. The company utilizes agile development methods and consulting analysis to address specific challenges and improve operational efficiency for its customers. Transport services are available for reservation at any time, with charges applied only during service hours.

Goya Health

Seed Round in 2023
Goya Health provides a platform for efficient healthcare invoice management.

Daedalus

Seed Round in 2023
Daedalus is a contract manufacturing company that specializes in precision parts for the CNC industry. It leverages advanced robotics and artificial intelligence to create reconfigurable production capacity, allowing for instant retooling to accommodate various manufacturing needs. The company offers a software system that enhances manufacturing efficiency and ensures high reliability and transparency throughout the production process. Daedalus is equipped to handle a wide range of production scales, from prototypes to large-scale manufacturing, thereby supporting diverse customer requirements with agility in both process and part complexity.

Flowers-Software GmbH

Seed Round in 2022
Flowers Software is an organization management for digitizing, simplifying and automating recurring workflows.Flowers -Software can be used independent of company size, industry, region, and existing company structure due to its highly flexible no-code process editor.

Workist

Series A in 2022
Workist is a Berlin-based company established in 2019 that specializes in business process automation through the use of AI-powered robots, referred to as AI Workers. The platform is designed to streamline document-heavy administrative tasks by automating the processing of incoming purchase orders, effectively eliminating the need for manual data entry. Workist's technology facilitates seamless integration and automated data exchange among business customers, distributors, and suppliers, enabling medium-sized companies to enhance their decision-making processes. By leveraging artificial intelligence, Workist aims to free employees from repetitive tasks, allowing them to focus on more creative and meaningful work.

paretos

Seed Round in 2022
Paretos is an AI-based decision intelligence platform that empowers organizations to make effective, data-driven decisions. It allows business users to analyze complex data and predict future outcomes without requiring data science expertise, thanks to its no-code user interface and seamless integrations. The platform has proven successful in various sectors, including e-commerce, logistics, and consulting, with notable implementations among companies such as Accenture and a major European parcel service. Paretos offers a range of use cases, including recommendation engines, dynamic pricing, ad spend optimization, and demand and churn prediction, demonstrating its versatility and impact as a horizontal solution that enhances operational efficiency across different industries.

PraKom Software

Acquisition in 2022
PraKom specializes in providing software solutions tailored for the trade, retail, and construction industries. The company's platform includes a variety of services such as mobile input terminals, automated processes, professional evaluations, quotation calculations, materials management, and accounting. By streamlining business operations, PraKom enables clients to manage their processes efficiently without unnecessary complexity or costly features.

Cardisio

Venture Round in 2022
Cardisio is a mobile health technology company that specializes in a non-invasive screening method for coronary and structural heart diseases. Its Cardisiography test enables early detection of heart diseases, facilitating preventive treatment to reduce the risk of severe heart conditions. The technology employs artificial intelligence and machine-learning algorithms to analyze the heart's three-dimensional electrophysical profile and identify pathological patterns associated with heart diseases. The screening process requires a PC connected to the Cardisio Cloud, a data collector, standard ECG cables, and disposable electrodes. By providing an accessible and efficient method for heart disease screening, Cardisio aims to help healthcare institutions decrease unnecessary cardiac deaths, complications, and overall healthcare costs.

Flip

Series A in 2022
Flip is an employee app designed to enhance communication within organizations, catering to both frontline and desktop employees. Founded in 2018 and based in Stuttgart, Germany, Flip combines top-down and bottom-up communication tools, including a newsfeed and chat features, to facilitate effective information sharing. The app integrates seamlessly with existing corporate HR and IT systems, allowing employers to reach all employees simultaneously with minimal effort. By empowering organizations to streamline their communication processes, Flip addresses the needs of the operational workforce and enhances overall employee engagement.

Codesphere

Seed Round in 2022
Codesphere Inc. is a cloud platform established in 2020, headquartered in Wilmington, Delaware, with additional offices in Germany. The company focuses on simplifying the software development process by providing a comprehensive suite of tools that allow developers to write, test, and deploy code directly from their browser. Its offerings include an online code editor, GitOps, and cloud collaborative services, which streamline development environments and facilitate efficient collaboration among teams. By integrating continuous integration and continuous deployment (CI/CD) capabilities, Codesphere enables clients to manage projects effectively and scale applications globally without requiring extensive DevOps experience. This innovative approach aims to accelerate software innovation while addressing the complexities traditionally associated with application development.

AskUI

Pre Seed Round in 2021
AskUI is focused on creating an innovative user interface test automation solution that prioritizes a human-centered approach. The company develops a platform powered by artificial intelligence, which understands applications and their context. By utilizing natural language processing, AskUI enables the automation of UI tests based on visual features, allowing for a no-code, black-box testing experience. This approach simulates real user interactions, enabling clients to automate a wide range of UI commands effectively. Through its unique methodology, AskUI aims to enhance the efficiency of testing processes while ensuring a more intuitive understanding of user interfaces.

Base Net

Acquisition in 2021
Base-Net provides software solutions for credit management.

B+m Informatik

Acquisition in 2021
b+m Informatik AG, founded in 1994 and headquartered in Meldorf, Germany, specializes in IT consulting and software solutions tailored for the banking and insurance sectors. With nearly 90 employees, the company offers both standard products and professional services to a diverse clientele, including large savings banks, commercial banks, and insurance companies in Germany. Its flagship product, FGCenter, positions b+m as a market leader in supporting banks throughout the application process for promotional loans. Additionally, the AGS Portal enables insurers to effectively distribute their products through various channels. By combining deep sector knowledge with software expertise, b+m Informatik AG plays a crucial role in advancing the digitization of the financial sector, enhancing the efficiency of IT systems and automating business processes for its clients.

paretos

Seed Round in 2021
Paretos is an AI-based decision intelligence platform that empowers organizations to make effective, data-driven decisions. It allows business users to analyze complex data and predict future outcomes without requiring data science expertise, thanks to its no-code user interface and seamless integrations. The platform has proven successful in various sectors, including e-commerce, logistics, and consulting, with notable implementations among companies such as Accenture and a major European parcel service. Paretos offers a range of use cases, including recommendation engines, dynamic pricing, ad spend optimization, and demand and churn prediction, demonstrating its versatility and impact as a horizontal solution that enhances operational efficiency across different industries.

Aleph Alpha

Series A in 2021
Aleph Alpha GmbH is a Heidelberg-based company specializing in the design and development of artificial intelligence solutions that enhance human-machine interactions. The company focuses on creating AI-driven technology for both public and private sectors, offering products that incorporate machine learning for improved data protection against cyber threats, leak detection, and traceability. Aleph Alpha operates a platform that develops and deploys large language models, supporting a robust AI ecosystem in Europe. Its generative AI solutions empower enterprises and governmental organizations to create intelligent products, positioning Aleph Alpha as a key player in the advancement of AI technology.

sevDesk

Series B in 2021
sevDesk is a developer of innovative accounting software tailored for small businesses and freelancers. The platform utilizes artificial intelligence to automate various accounting tasks, significantly reducing manual effort and streamlining the overall process. By enabling users to manage documents through a single application, sevDesk supports both single and double bookkeeping, facilitates invoicing and banking, and offers features such as cashbook management and automated profit and loss calculations. This comprehensive approach allows clients to gain real-time insights into their financial status, simplifying their accounting needs while eliminating the necessity for a tax consultant.

Quality Match

Seed Round in 2021
Quality Match is a provider of knowledge annotation services that enhances data analysis for machine learning applications. The company develops software aimed at improving the performance of machine learning models by optimizing datasets. Its platform employs data mining and predictive analysis to identify and explain errors within datasets, pinpointing the origins of edge cases. This functionality enables organizations to refine their data labeling processes, thereby increasing both efficiency and accuracy. Through its solutions, Quality Match assists businesses in enhancing the quality and speed of their data management efforts.

Aleph Alpha

Seed Round in 2021
Aleph Alpha GmbH is a Heidelberg-based company specializing in the design and development of artificial intelligence solutions that enhance human-machine interactions. The company focuses on creating AI-driven technology for both public and private sectors, offering products that incorporate machine learning for improved data protection against cyber threats, leak detection, and traceability. Aleph Alpha operates a platform that develops and deploys large language models, supporting a robust AI ecosystem in Europe. Its generative AI solutions empower enterprises and governmental organizations to create intelligent products, positioning Aleph Alpha as a key player in the advancement of AI technology.

Workist

Seed Round in 2020
Workist is a Berlin-based company established in 2019 that specializes in business process automation through the use of AI-powered robots, referred to as AI Workers. The platform is designed to streamline document-heavy administrative tasks by automating the processing of incoming purchase orders, effectively eliminating the need for manual data entry. Workist's technology facilitates seamless integration and automated data exchange among business customers, distributors, and suppliers, enabling medium-sized companies to enhance their decision-making processes. By leveraging artificial intelligence, Workist aims to free employees from repetitive tasks, allowing them to focus on more creative and meaningful work.

Enscape

Private Equity Round in 2020
Enscape GmbH, founded in 2013 and based in Karlsruhe, Germany, specializes in developing plug-in software for architectural design applications. Its products enhance Autodesk Revit and Trimble SketchUp by incorporating real-time rendering and virtual reality features, allowing users to create immersive 3D experiences from their models. Enscape's software streamlines the design workflow, facilitating quicker feedback and enabling architects to produce and share project visualizations with ease. The company markets its licensed software packages through resellers across various regions, including the United States, Canada, Europe, Australia, Africa, Panama, China, Korea, and Southeast Asia. This approach helps architects and designers focus more on creativity while minimizing the time required for production and preparation.

Flip

Seed Round in 2020
Flip is an employee app designed to enhance communication within organizations, catering to both frontline and desktop employees. Founded in 2018 and based in Stuttgart, Germany, Flip combines top-down and bottom-up communication tools, including a newsfeed and chat features, to facilitate effective information sharing. The app integrates seamlessly with existing corporate HR and IT systems, allowing employers to reach all employees simultaneously with minimal effort. By empowering organizations to streamline their communication processes, Flip addresses the needs of the operational workforce and enhances overall employee engagement.

Smart Steel Technologies

Venture Round in 2019
Smart Steel Technologies GmbH specializes in developing artificial intelligence software designed to optimize steel production and processing. Founded in 2019 and based in Berlin, Germany, the company focuses on enhancing quality control, energy efficiency, and CO2 management in steel manufacturing. Its temperature optimization AI predicts live temperature behavior during downstream liquid-phase processes, helping steelmakers eliminate temperature inconsistencies in casting and maintain high-quality output. The software is continuously utilized across various applications, including automotive and construction, and has been reported to improve process efficiency by 5-10% at each stage. Smart Steel Technologies also offers software integration support and collaborates with metallurgists, process engineers, and AI specialists to assist steel manufacturers in their optimization efforts.

IntraNav

Series A in 2019
INTRANAV is a company that specializes in developing a process virtualization platform aimed at enhancing efficiency in manufacturing, intralogistics, and shipment. The platform integrates software-driven automation with real-time locating and sensor data, allowing clients to track industrial assets throughout their supply chains. This capability significantly improves transport and workflow efficiency. INTRANAV offers a comprehensive RTLS platform utilizing technologies such as UWB, NB-IoT, and 5G, which includes pre-built software modules for various applications, including process automation, navigation of automated guided vehicle systems, route optimization, and fleet management. Additionally, customers can create their own RTLS applications on the IntraNav.IO Platform using a user-friendly visual programming language, facilitating customization without the need for extensive coding knowledge.

LANDWEHR Computer and Software

Acquisition in 2019
LANDWEHR is one of the leading service providers in the development of highly specialized software solutions for the fields of personnel services, building services, event management as well as trade, production and agriculture. We are not just pure software manufacturers, but full service providers for our customers. From consulting, through the installation of hardware and software to comprehensive services, we are there for our customers in all areas. We listen and work together with our customers on the permanent practice-oriented further development of our software solutions. We make the future. Already since 1994. Our more than 250 employees experience a modern work environment with flat hierarchies and great design possibilities.

The IDL Group

Acquisition in 2019
IDL Group is a developer of cloud-based corporate performance management and business intelligence software based in Frankfurt, Germany. The company offers the IDL CMP Suite, which addresses the needs of consolidation, planning, reporting, and business intelligence. This suite is designed to ensure consistent processes and valid data for accounting, controlling, and management. IDL Group's solutions are adaptable, allowing them to grow alongside the requirements of their clients, which include over 850 international corporations and medium-sized companies. The company has been recognized for its reliability, commitment, professionalism, and innovation over its 25 years in business. In addition to software solutions, IDL Group provides expert advice on corporate performance management and supports financial processes from integrated planning to legal and management consolidation.

PROCAD

Private Equity Round in 2018
PROCAD GmbH & Co. KG is a German software company specializing in platform solutions for the digitalization of product and document lifecycle management in mid-sized enterprises. Founded in 1985 in Karlsruhe, Germany, the company has more than 130 employees today. Over 600 technical companies have come to rely on PROCAD products for their PDM, PLM and DMS needs. PROCAD’s solutions are designed to digitalize business processes in product development and product management in technical companies. PROCAD’s mission is to deliver impactful digitalization strategies based on its highly configurable PRO.FILE, PRO.CEED and PROOM software solutions and an implementation approach that is tailored to the specific requirements of mid-sized enterprises.

understand.ai

Seed Round in 2018
understand.ai is the leader in AI-driven data annotation for autonomous driving. The UAI Automation Engine for data annotation makes AD/ ADAS projects of ANY size feasible. understand.ai is home to 70+ experts with AI, automotive & cloud background and years of worldwide data annotation experience. Since joining the dSPACE Group in 2019, the Automation Engine superpowers the dSPACE data-driven development pipeline supporting the entire simulation & validation cycle of autonomous driving functions. Whatever the data logging, anonymization, data selection or scenario generation challenges are, we have a market leading solution to take care of it. We Automate Annotations.

sevDesk

Series A in 2017
sevDesk is a developer of innovative accounting software tailored for small businesses and freelancers. The platform utilizes artificial intelligence to automate various accounting tasks, significantly reducing manual effort and streamlining the overall process. By enabling users to manage documents through a single application, sevDesk supports both single and double bookkeeping, facilitates invoicing and banking, and offers features such as cashbook management and automated profit and loss calculations. This comprehensive approach allows clients to gain real-time insights into their financial status, simplifying their accounting needs while eliminating the necessity for a tax consultant.

Bellin

Private Equity Round in 2017
BELLIN, founded in 1998 by Martin Bellin in Ettenheim, Germany, operates as a subsidiary of Coupa Software Incorporated and employs over 135 professionals. The company specializes in web-based treasury software designed to provide a comprehensive, real-time overview of treasury management for multinational corporations and financial institutions. BELLIN's solutions focus on liquidity planning, financial risk management, global payments, and netting, catering to a diverse range of clients, including large multinational small and medium-sized enterprises (SMEs) and banks. The team, comprised of treasury experts, emphasizes a pragmatic approach to addressing treasury challenges, leveraging their extensive knowledge to develop effective solutions that are both locally relevant and globally applicable.

AOE

Private Equity Round in 2017
AOE GmbH is a global leader in open-source enterprise web solutions, specializing in web portal development, web content management, and e-commerce services. Founded in 1999 and headquartered in Wiesbaden, Germany, AOE operates additional offices in key international locations, including San Francisco, Zürich, Dubai, and Hong Kong. The company serves a diverse range of sectors, such as telecommunications, aviation, healthcare, and manufacturing, providing tailored solutions that enhance both B2C and B2B e-commerce capabilities. AOE's offerings encompass the development and integration of web applications, agile project management, and comprehensive digital strategy consulting. Their OM³ platform is particularly notable for its role in transforming non-aeronautical revenues for airports and airlines. With a strong client base that includes Fortune 1000 companies, AOE is committed to helping organizations seamlessly blend offline and online experiences through innovative digital products and services.

Flip

Flip is an employee app designed to enhance communication within organizations, catering to both frontline and desktop employees. Founded in 2018 and based in Stuttgart, Germany, Flip combines top-down and bottom-up communication tools, including a newsfeed and chat features, to facilitate effective information sharing. The app integrates seamlessly with existing corporate HR and IT systems, allowing employers to reach all employees simultaneously with minimal effort. By empowering organizations to streamline their communication processes, Flip addresses the needs of the operational workforce and enhances overall employee engagement.
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