Karlsruhe, February 19, 2024: LEA Partners (“LEA”), an entrepreneurial-minded private equity firm partnering with software companies to help them accelerate their growth, has made a strategic investment in easybill, the market leader in electronic invoicing and everyday business operations.
easybill offers an automated, time-saving and compliant SaaS solution for sole entrepreneurs and small businesses. In addition to a variety of core solutions, including invoices, quotes, delivery notes, payment reminders, and dunning notices, easybill provides complementary services such as warehouse management and preparatory accounting. More than 18,000 companies, including many online retailers, entrepreneurs, craftsmen, tax consultants, and more, already rely on the efficient and user-friendly solutions.
After more than ten years of continuous strong growth under the founders' leadership, Dr. Andreas Seifert has been appointed CEO of easybill: "Our goal is to accelerate the growth and innovation of easybill to expand our leading position in the B2B sector with cutting-edge SaaS solutions. One of our focuses is on providing a super user-friendly, EU-compliant solution for electronic invoicing, which is expected to become mandatory for small businesses in the near future" says Dr. Andreas Seifert.
The founders of easybill add: “We are very happy to join forces with LEA and to welcome Andreas as new CEO. Throughout our discussions, LEA has convinced us with their entrepreneurial mindset and experience in supporting on scaling bootstrapped companies. Andreas as a serial entrepreneur and experienced CEO is the ideal person to bring easybill to the next level on our mission to build leading SaaS solutions for SMEs in Europe.”
Kurt Weise from LEA highlights: “easybill is a great business with a high quality and easy to use SaaS product for SMEs in the DACH region. We were immediately convinced by the clear value proposition for their customers with automated invoicing and related offerings. We really look forward to support the team across easybill as they continue to pursue multiple growth opportunities."
Founded in 2007, easybill is the market leader in electronic invoicing and everyday business operations serving more than 18,000 customers. easybill emerged as the leading, easy-to-use SaaS for sole entrepreneurs, small businesses and e-commerce merchants to automate and streamline their sales process, speed up payment collection and ensure compliance with regulatory requirements. A strength of easybill is the free, personal customer support via telephone. www.easybill.de
LEA Partners is an entrepreneurial-minded multi-stage private equity firm investing in technology companies that are driving transformative change in their industries. Founded in 2002, LEA Partners has advised on the investment in more than 70 companies. With a 30+ people strong team based in Karlsruhe, one of Europe's largest technology clusters, its mission is to fund and support ambitious founders and executives by leveraging them with practical, hands-on growth expertise to achieve market leadership. Visit www.leapartners.de to learn more.