The Frankfurt Private Equity team advised Five Elms Capital as lead investor in a Series B financing round for Userlane GmbH in the amount of €10 million. The financing round also included the Series A investors Capnamic Ventures, High-Tech Gründerfonds (HTGF), and Main Incubator, an early-stage investor of Commerzbank.
Userlane is an award-winning digital adoption platform that helps companies around the world maximize the adoption and use of software. With over 200 international customers, the company is one of the top 50 tech startups in Europe.
Five Elms Capital is a US-based investment company with a special focus on fast-growing B2B software companies.
The Goodwin team was led by partner Joel E. Lehrer (Tech/Life Sciences) and counsel Felix Krüger (Tax).