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New Deal


Announced

Completed

IVP led a $36m Series B funding round in Kittl.

Financials

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Transaction Value£28m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Friendly

Acquisition

Domestic

Minority

Private Equity

Germany

Software

software company

Private

Venture Capital

Completed

Synopsis

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IVP, a US-based venture capital investment firm, led a $36m Series B funding round in Kittl, a software company. "We’re reimagining the way graphic designers create by simplifying the outdated norms of design creation - end-to-end, from ideation to production. And we're doing it on a global scale. While the US remains our primary market, this new capital enhances our capability to expand into new territories, especially in Asia, Europe, and South America,” Nicolas Heyman, Kittl CEO and Co-Founder.

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