HERO Software Revolutionizes Tradesmen SMEs with €40M Series B Funding

HERO Software, a leading SaaS platform for tradesmen SMEs in the DACH region, has secured a €40 million Series B financing round to further enhance its position as the operating system for tradespeople across Europe. Founded in Hanover in 2020 by Dr. Michael Kessler and Philipp Lyding, HERO Software's platform streamlines core workflows for trade business owners and employees, while providing on-site access to essential information for field workers. With over 20,000 users, HERO has established itself as a leader in cloud-based software for tradesmen, enabling businesses to increase project throughput and operate more sustainably. The new funding will support HERO's expansion into new markets, investment in talent, and development of its SaaS offering to continue empowering small and medium-sized trades businesses to succeed. With a focus on simplifying financial transactions and integrating third-party tools and services, HERO is poised to drive efficiency and profitability for its customers. The Series B round was led by Eight Roads Ventures, with existing investors Cusp Capital and Federated Hermes also participating, highlighting the confidence in HERO's comprehensive product and experienced team. The investment underscores the potential of vertical SaaS to digitize industries and drive sustainable success, positioning HERO Software for continued growth and innovation in the tradesmen sector.