by Montis CF
Zurich/Frankfurt Main, 20 July 2020
Sherpany, a European leader of meeting management software, has successfully closed its growth financing round led by a highly successful Swiss entrepreneur and Cadence Growth Capital. The investors will partner with Sherpany’s management team to further accelerate Sherpany’s product innovation, grow its network, enhance sales and marketing efforts, as well as continue strengthening its position in Switzerland and the rest of Europe while focusing on Germany, France, Italy and UK.
Sherpany, headquartered in Zurich (Switzerland), with over 110 employees across offices in Berlin, Lisbon, Milano, Paris, Wrotzlaw and Zurich, is a SaaS provider that helps directors increase the productivity of their formal leadership meetings through agile meeting management and technology. Sherpany’s ultimate goal is to help enterprises #GetTimeBack by offering a digital transformation solution of how to plan, conduct and post-process meetings. The company supports a European customer base of more than 350 customers which amongst others comprises Arkema, Axpo, Borealis, Clariant, Firmenich, Hilti, ING, Röchling, RKW, Helvetia, SwissRe, Zurich Airport and Zurich Insurance Group. The impressive track record across several industries such as energy, banking, pharma, healthcare, construction or retail shows that Sherpany’s solution is universally applicable.
For Tobias Häckermann, CEO and Co-Founder of Agilentia AG, the transaction is another important milestone in the company’s development: "We are excited about the partnership with our new investors and look forward to working with them to fulfil our joint vision to serve enterprises around the world with our agile meeting management solution. COVID-19 further underlined the importance of digital solutions such as Sherpany and the new funds will enable us to take advantage of this huge market potential. We would like to thank the MONTIS Corporate Finance team that was instrumental in preparing and managing this structured growth financing process.“
Leonard Clemens, Managing Director and founder of Cadence Growth Capital , explains: "We are incredibly excited to back Sherpany’s world-class founding team and to invest alongside a highly successful Swiss software entrepreneur, the European Investment Fund (“EIF”) and existing investors. We look forward to partnering with Sherpany and to supporting its ongoing international expansion.”
MONTIS Corporate Finance acted as exclusive financial advisor to Agilentia AG (Sherpany).
The parties have agreed not to disclose any details of the transaction.