
eCapital leads growth investment for Kendaxa
eCapital has led a growth capital investment in Germany-based automation software company Kendaxa.
A number of family offices and private offices also participated in the round, according to a statement.
In addition, the company announced that it has appointed Roland Hölscher as a managing director and chief revenue officer, while Torsten Rössel has been appointed as chief marketing officer. The appointments are effective as of 1 January 2021.
eCapital is currently deploying equity via funds including eCapital Fund IV, which held a final close in December 2017 on €100m. The vehicle generally invests €1.5-4m per initial investment, with up to €15m available for future rounds.
Company
Founded in 2017 and headquartered in Leipzig, Kendaxa provides automation software for use by businesses in the manufacturing, financial services, trade and retail sectors. The platform also facilitates data stream management and document processing. The software is based on AI, machine learning and data science.
In addition to its Leipzig office, the company also has an office in Prague. Kendaxa employs more than 50 staff, according to LinkedIn.
People
eCapital – Bernd Arkenau (partner).
Kendaxa – Christopher Blaschke (founder, co-CEO); Thomas Klüss (co-CEO).
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