# HERO Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hero-software

- Industry: Software
- Headquarters: Hannover, Germany
- Website: www.hero-software.de
- Total disclosed funding: $52M
- Latest round: Series B (Jul 16, 2024)
- Investors on record: 3

## About

Based in Germany and founded in 2017, HERO Software GmbH operates as a developer of cloud solutions designed for craftsmen and small and medium-sized enterprises (SMEs). In July 2022, HERO Software GmbH raised EUR 8 million in Series A funding from Cusp Capital. Michael Kessler (CEO) and Philipp Lyding (CSO) are the co-founders of the company and employ more than 70 people.

The company offers HERO handyman software to digitally manage daily business operations and all corporate administration. The firm also provides other services, including HERO white label, data import, received orders, interfaces, HERO API documentation, and HERO webinars.

HERO provides a free mobile application for project management and site documentation, as well as HERO Pro, which adds capabilities like time tracking and mobile documents with a digital signature.

The enterprise generates revenue through its subscription plans, including the per plan for EUR 27 per user per month and the starter plan for EUR 13.50 per user per month.

The organization plans to use the July 2022 funds for product development and for the development of the European market.

## Funding rounds

- Series B, Jul 16, 2024, $44M — Eight Roads Ventures, Federated Hermes, Cusp Capital
- Series A, May 19, 2022, $8.4M — Cusp Capital

## Investors

- Cusp Capital (https://capitalatlas.ai/funds/cusp-capital) — Series A, Series B
- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series B
- Federated Hermes (https://capitalatlas.ai/funds/federated-hermes) — Series B