SevenIT raises 3.1 million Euro

Just 6 months after successfully completing the STEP USA – Silicon Valley program, the Offenburg-based startup SevenIT GmbH raises a Series A round.

In line with a series A round, the cloud-based accounting solution sevDesk of the Offenburg IT startup SEVENIT GmbH receives an investment in the amount of EUR 3.1 million. Besides the two lead investors LEA Partners – from their LEA venture partner fund – and Wecken & Cie. also VC Fonds BW and MGB participated in the round of funding. Until now, SEVENIT had grown from within and was able to reach a leading market position within a very short time on the basis of a highly scalable business model.

Fabian Silberer and Peter Sutter with SevenIT from Offenburg were part of our STEP Silicon Valley trip in March last year and joined us again for the STEP USA – New York December Program.