XiTrust Secures Investment from ScaleUp Capital for Expansion
Deal News | Apr 03, 2025 | Scaleup Capital
ScaleUp Capital has acquired a significant minority stake in XiTrust, an Austrian-based provider of e-signature solutions. This investment aims to fortify XiTrust's position within the DACH region—comprising Germany, Austria, and Switzerland—by expanding its market presence and enhancing product development. Founded in 2014 and headquartered in Graz, Austria, XiTrust has emerged as a leader in electronic signature platforms, servicing over 350 companies across varied industries such as HR, Finance, Legal, and Automotive. XiTrust's cornerstone product, MOXIS, is recognized for its comprehensive understanding of regional markets and regulations. Simon Philips, Partner at ScaleUp Capital, emphasized the potential for sustained growth in e-signature demand, aligning with XiTrust's innovative offerings. Georg Lindsberger, CEO of XiTrust, welcomes the collaboration, anticipating accelerated development with ScaleUp's support. The partnership highlights ScaleUp's strategy of investing in transformative technology that reshapes business operations.
Sectors
- Technology
- Financial Services
Geography
- Austria – Xitrust is based in Graz, Austria, and its operations significantly impact business activities in this region.
- Germany – XiTrust plans to expand its market presence significantly within Germany as part of its growth strategy.
- Switzerland – Like Germany, Switzerland is identified as a key market for XiTrust’s expansion strategies.
Industry
- Technology – The article primarily revolves around e-signature technology, showcasing its implications in business and regulatory environments in the DACH region.
- Financial Services – The investment by ScaleUp Capital in XiTrust involves financial transactions typical in the financial services industry, especially private equity.
Financials
- Significant Minority Stake – ScaleUp Capital acquired a substantial minority ownership position in XiTrust.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ScaleUp Capital | Investor | Company | A private equity firm investing in high-growth potential businesses. |
| XiTrust | Target | Company | A provider of enterprise-grade e-signature solutions, primarily serving the DACH region. |
| Simon Philips | Partner at ScaleUp Capital | Person | Involved in the decision to invest in XiTrust. |
| Georg Lindsberger | CEO of XiTrust | Person | Leads XiTrust and commented on the partnership with ScaleUp Capital. |
| Michael Allen | Member of ScaleUp Team | Person | Involved in the XiTrust investment deal. |
| Nathalie Thbault | Member of ScaleUp Team | Person | Involved in the XiTrust investment deal. |