DealCircle funding news – Hamburg-based DealCircle Raises 7-figure funding

According to the corporation, revenue-based finance investment and flexible refinancing fit its success-based business model.

Gerd Sumah, Partner at Round2, says, “DealCircle has shown remarkable performance despite very challenging market conditions over the past 1.5 years. Graig and Kai have demonstrated exceptional entrepreneurial thinking and have successfully steered the company with effectiveness throughout their bootstrapped journey. We are convinced of their visionary goals for further development and believe that Round2 as a flexible and strategic growth capital partner is the right partner for the next phase of DealCircle’s growth trajectory.”

It will use the funds to grow and invest in its tech stack and AI tools to improve products and create value. The company will add Machine Learning Engineers and Data Scientists to its IT staff and improve its AI-generated buyer shortlist.

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Co-founder and MD of DealCircle, Hesselmann, says, “Round2’s investment is not only intended to pre-finance operational growth with over 1,500 M&A deals, which will also be marketed via DealCircle this year, but above all to accelerate our tech investments. AI is much more than just a buzzword and will also change our business significantly in the short term. AI-supported shortlist generation is just the beginning. The 7-figure financing from Round2 will help us to do this and ensure that AI does not disrupt our business model, but that we can use it to accelerate our growth even further,”

About Dealcircle

Kai Hesselmann and Graig Gröbli created DealCircle in 2018 and previously bootstrapped it. With non-dilutive expansion financing, both founders retain full control.

Dealcircle operates a large data-supported network with over 250,000 profiles of family offices, private equity, MBI, and corporates. It's database helps M&A advisors find buyers and approach the market for over 1,000 M&A procedures each year.