Goldman Sachs Growth leads $80m series-D for LeanIX

Existing investors Insight Venture Partners, Deutsche Telekom Capital Partners (DTCP), Capnamic Ventures and Iris Capital also participated in the round.

The company plans to use the fresh capital to continue its product development and international expansion. It has opened offices in Hyderabad, Munich and Utrecht in the past 12 months.

New investor Goldman Sachs Growth generally invests $20-250m in growing companies, acquiring minority or majority stakes.

Previous funding
In 2015, Capnamic and Iris Capital invested €2.2m in LeanIX's series-A round. DTCP led a $7.5m series-B round for the company in July 2017, with participation from Capnamic and Iris.

In December 2018, new investor Insight led a $30m series-C funding round for LeanIX. Existing backers DTCP, Capnamic and Iris also participated.

Company
Founded in 2012, LeanIX is a software management platform for enterprise architecture and cloud governance that aims to assist companies with complex IT infrastructures. Headquartered in Bonn, LeanIX has 230 employees. Its clients include DHL, Santander and T-Mobile, according to its website. The company's revenues grew by 100% in 2019; 39% of its revenues are generated in the US, while 57% are from Europe.

People
LeanIX – André Christ (CEO, co-founder)
Goldman Sachs Growth Equity – Christian Resch (managing director).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Expansion
• DACH
• Technology
• Venture
• Germany
• Goldman Sachs
• Insight Venture Partners
• Iris Capital