EQT Growth invests EUR 100 million in IntegrityNext

EQT Growth has announced that it has made a €100 million investment in IntegrityNext, a sustainability software platform.

IntegrityNext has more than 200 customers, including Siemens Gamesa, Infineon, SwissRe, Kion and Hilti, and monitors nearly one million suppliers. The platform enables companies to assess risk and monitor a large portion of their supply chain for ESG metrics and compliance. The European market for sustainable supply chain software solutions is expected to grow strongly in the coming years as several critical regulatory frameworks are introduced in Europe.

IntegrityNext plans to further expand its position in Germany and enhance its core product to address upcoming European regulations through its platform. EQT Growth will support IntegrityNext in the next phase of its growth. Founders Martin Berr-Sorokin (CEO), Simon Jähnig (CRO) and Nick Heine (COO), who have bootstrapped the Munich-based company to date, will continue to lead the company.

With more and more customers placing their trust in us and now entering the next phase of growth, we are pleased to be working with an experienced and hands-on investor like EQT Growth.

Martin Berr-Sorokin, CEO IntegrityNext

EQT Growth supports growth-stage technology companies and makes investments ranging from €50 to €200 million. EQT Growth focuses on four technology sub-sectors, Enterprise, Con/Prosumer, Healthcare and Climate, and operates in five European countries.