
HPE Growth
Description
HPE Growth is a prominent European growth equity firm headquartered in Amsterdam, specializing in long-term investments in technology companies. The firm targets businesses that have achieved significant traction, often demonstrating profitability or a clear path to it, coupled with strong recurring revenue models. Their investment philosophy centers on partnering with ambitious management teams to accelerate growth, expand internationally, and enhance operational efficiency, providing strategic guidance alongside capital.
The firm typically provides substantial capital injections, with initial investments ranging from approximately $10.8 million (€10 million) to $75.6 million (€70 million). This significant check size allows them to support companies through various growth phases, including market expansion, product development, and strategic acquisitions. HPE Growth is known for taking both minority and majority stakes, adapting their approach to best suit the needs and ambitions of the companies they back, focusing on sectors like SaaS, fintech, and digital platforms.
A testament to their continued presence and confidence in the European tech landscape, HPE Growth successfully closed its fifth fund, HPE Growth Fund V, at a substantial €440 million (approximately $475 million) in 2022. This capital base enables them to continue deploying significant resources into promising ventures. Since its inception, the firm has built a robust portfolio, having invested in over 30 companies across various technology sectors, demonstrating a consistent track record in identifying and scaling high-potential businesses throughout Europe.
Investor Profile
HPE Growth has backed more than 31 startups, with 0 new investments in the last 12 months alone. The firm has led 16 rounds, about 52% of its total and boasts 3 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series C, Series Unknown, Series B rounds (top funding stages).
- Majority of deals are located in Germany, The Netherlands, United Kingdom.
- Strong thematic focus on Financial Services, FinTech, Finance.
- Typical check size: $10.8M – $75.6M.
Stage Focus
- Series C (23%)
- Series Unknown (23%)
- Series B (16%)
- Private Equity (6%)
- Post Ipo Equity (6%)
- Series D (6%)
- Series E (6%)
- Secondary Market (6%)
- Series A (6%)
Country Focus
- Germany (48%)
- The Netherlands (26%)
- United Kingdom (16%)
- United States (3%)
- Belgium (3%)
- Ireland (3%)
Industry Focus
- Financial Services
- Fintech
- Finance
- Payments
- Fitness
- Wellness
- Big Data
- Machine Learning
- Billing
- Sports
Frequently Asked Questions
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