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HERO Software, a prominent SaaS platform catering to tradesmen SMEs in the DACH region, has successfully closed a €40 million Series B financing round. The funding round was led by Eight Roads Ventures, accompanied by participation from existing investor Cusp Capital and Federated Hermes.

The investment will empower HERO Software to continue its mission of simplifying and streamlining financial transactions for its customers. Dr. Michael Kessler, the founder and CEO of HERO Software, expressed his commitment to enhancing the overall ease and efficiency of financial processes for tradesmen SMEs.

Through this substantial influx of funding, HERO Software aims to revolutionize the way tradesmen SMEs handle financial transactions. By leveraging innovative SaaS solutions and cutting-edge technology, the company envisions a future where financial interactions become effortless and seamless for its customers.

This latest financing round serves as a testament to the market’s confidence in HERO Software and its potential to disrupt the industry. The support from Eight Roads Ventures, Cusp Capital, and Federated Hermes further validates the company’s vision and underscores the significance of its mission.

With this fresh injection of capital, HERO Software can accelerate its growth and expand its reach to cater to a wider range of tradesmen SMEs. The platform’s continued development and advancements have the potential to revolutionize the financial landscape for this segment, empowering tradesmen with the tools they need to thrive in today’s digital era.