EQT Growth invests EUR 100 million in IntegrityNext

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

IntegrityNext has more than 200 clients, including Siemens Gamesa, Infineon, SwissRe, Kion and Hilti, and monitors nearly one million suppliers. The platform enables companies to assess risks and monitor a large part 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 key regulatory frameworks are introduced in Europe.

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

With more and more customers placing their trust in us and now entering the next phase of growth, we are delighted 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 EUR 50 to 200 million. EQT Growth focuses on four technology sub-sectors, Enterprise, Con/Prosumer, Healthcare and Climate, and operates in five European countries.