January 2015
Capital increase
Exclusive financial advisor to Crossinx and its shareholders

Deal Team

Crossinx:

Marcus Laube (CEO)
Michael Kleindl (Investor)
Christoph Benner (Investor)

Corestar Partners:

Milan Bartik
Clemens Hisch

Transaction Summary

  • Crossinx GmbH (www.crossinx.com), Germany’s leading provider of e-invoicing and supplier financing solutions, closed its latest round of growth equity funding in January 2015
  • The proceeds of this funding round will be used to finance Crossinx’s growing customer facing organisation as well as to launch a roadshow with referral partners
  • This funding round was backed by a group of high net-worth individuals

Overview of Crossinx

  • Founded in 2007, Crossinx GmbH has become the leading e-invoicing platform in German speaking countries
  • The company provides an advanced, scalable and agile technology platform for processing e-invoices. Crossinx’s solutions are provided on a hosted SaaS platform with multiple tenants connected over the cloud
  • Crossinx is deeply integrated with buyers and suppliers, serving over 2,000 customers, including DAX 30 companies. The company processes over one million e-invoices and over two million electronic documents per year, growing rapidly
  • As of July 2014, Crossinx employs 42 people and is headquartered in Frankfurt am Main, Germany and has a subsidiary in Moldavia
  • The company is run by its founder, Marcus Laube, a highly experienced senior professional and opinion leader in the e-invoicing industry

Corestar Partners’ Role

  • Corestar Partners acted as exclusive financial advisor to Crossinx and its shareholders, exploring funding options with a selected group of financial investors, demonstrating Corestar’s deep expertise in advising growth companies in the fin-tech sector in raising capital for future growth