Exclusive financial advisor to Crossinx and its shareholders
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.