LUTZ | ABEL advises Price f(x) in EUR 23 Mio extension of series B-financing round

LUTZ | ABEL ADVISES PRICE F(X) IN EUR 23 MIO EXTENSION OF SERIES B-FINANCING ROUND

LUTZ | ABEL advises Price f(x) in EUR 23 Mio extension of series B-financing round

The start-up Price f(x) managed to score EUR 23 million within the extension of the series B-financing. Leading investors are Digital + Partners and Bain & Company, while Talis Capital increased their investment. LUTZ | ABEL again acted as company counsel of Price f(x) in this transaction.
close

Founded in 2011, the Munich-based start-up provides a modular SaaS solution for price optimisation management (PO&M) and configure-price-quote (CPQ) for enterprises of any size. The extended investment was let by Digital + Partners, a European B2B technology growth investor and the management consulting firm Bain & Company. Talis Capital, the initial series A investor, followed with a raise, while it brings the series B-financing as a whole to EUR 48 million.
The new funding allows Price f(x) to further expand their platform capabilities, add new functionality, introduce several new products to the market and place a special focus on sales and marketing in 2020. The start-up expects continued global expansion through organic and partner-enabled growth as well as strategic developments. According to the company, Price f(x) could triple their valuation within the last 12 months.
LUTZ | ABEL VC experts assisted Price f(x) again in this financing round. Dr. Bernhard Noreisch and Jan-Phillip Kunz provided comprehensive legal advice.

Consulting lawyers Price f(x) AG
LUTZ | ABEL Rechtsanwalts PartG mbB (Corporate Law, Venture Capital / M&A)
Dr. Bernhard Noreisch, LL.M. (Partner)
Jan-Phillip Kunz, LL.M.