London-headquartered growth investor firm, One Peak has sealed a $1bn (£821.8m) fund to invest in B2B software companies based in Europe and Israel.
The growth investor’s Fund III will make investments ranging from $15m (£12.3m) – $100m (£82.2m).
“Growth equity is a significantly underrepresented asset class in Europe versus the US and China,” said Humbert de Liedekerke Beaufort, co-founder and managing partner, One Peak.
“There are many world-class founders in Europe who need capital and support to win at global scale, and One Peak fills that gap for the best B2B software companies.”
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Prior to Fund III, One Peak has backed companies such as DocPlanner, Panda Doc and Cymulate.
Following the fund close, One Peak now has approximately $2bn (£1.6bn) in assets under management.
David Klein, co-founder and managing partner, One Peak, said: “We are ultimately in the business of investing in exceptional founders, and we work alongside them with the same passion and dedication as they do.”
