GRUENDELPARTNER advises Evergreen on a funding round worth over 5 million euros

Leipzig-based FinTech firm Evergreen GmbH has successfully completed a further round of funding worth 5 million euros.

Evergreen, a digital wealth management firm, already manages over €100 million in assets for more than 20,000 clients. Thanks to its low costs, the company enables a broad target group to build wealth sustainably. Sustainability also plays a major role: the FinTech, founded in 2018, is certified with the international ‘B Corp’ (Benefit Corporation) seal. This assesses a company’s overall social, environmental and economic performance. The certification is regarded as one of the most comprehensive in the field of sustainability. The funds and investment products are put together in accordance with strict sustainability criteria.

The funds raised in this financing round, which came entirely from the existing investor base, are to be used to further accelerate growth and strengthen the company’s position in the business client segment.

GRUENDELPARTNER provided Evergreen with comprehensive legal advice on the structuring and implementation of the funding round, as well as on the banking regulatory reporting process.

GRUENDELPARTNER’s M&A, Venture Capital and Private Equity practice group is one of the most experienced and largest advisory teams in Central Germany, supporting investors and entrepreneurs through all stages of development, particularly in company formation, business development, corporate finance and all exit processes.