GP Bullhound has announced a new €125m fund.
Headquartered in the UK with nine global offices, the tech sector investor says GP Bullhound V will continue its successful strategy of investing in the best technology entrepreneurs.
Its focus will be on growth-stage businesses in the software industry.
“We are passionate about supporting great entrepreneurs and it is timely to have been trusted with fresh capital as we are starting to come out of COVID-19,” said Per Roman, co-founder and head of asset management.
GP Bullhound was founded 20 years ago and is a leading provider of transaction advice and capital to tech entrepreneurs around the world, typically in businesses from 18 months to 10 years of age.
Its current investments include companies such as Klarna, Believe, Revolut, Unity, HackerOne, Glovo, RavenPack and Interactive Investor. Recent exits include Spotify, Slack, LeoVegas and Quixel.
Joakim Dal, Partner at GP Bullhound Asset Management, and Ben Prade, Head of Investor Relations, added: “We highly value the trust of our existing and new LPs, institutions, entrepreneurs and family offices.
“Leveraging GP Bullhound’s global network, industry intelligence, and strategic knowledge, we continue on our mission to support and invest in extraordinary entrepreneurs.”