London-born investment firm GP Bullhound has announced its fifth fund, €125 million for growth-stage European software companies. The team just closed Fund IV at €113 million last year. The firm’s co-founder Per Roman, who acts as head of asset management and exclusive investment advisor to the new fund, commented, “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.” “We highly value the trust of our existing and new LPs, institutions, entrepreneurs and family offices,” added partner Joakim Dal and Ben Prade, GP Bullhound’s head of investor relations.
Founded in 1999 and now operating across three continents, GP Bullhound’s current investments include Klarna, Believe, Revolut, Unity, HackerOne, Glovo, RavenPack and Interactive Investor. Recent exits include Spotify, Slack, LeoVegas and Quixel.
Photo: Managing partner and co-founder Per Roman, from firm's website