Expedition’s $30m secondary investment in lempire
In late 2021, Expedition delivered a €30 million secondary investment in Lempire. Co-founder Guillaume Moubeche says, “In the last 3.5 years I’ve met with a lot of investors, however, very few investors actually stand out with their initial approach.
“But the first email I received from Oliver, managing partner at Expedition Growth Capital, really got my attention. He and David had prepared an in-depth presentation for lemlist. They knew and understood the competitive landscape very well and had spotted some interesting opportunities.
“They had also done their research, they even went to see some of our customers to ask for a recommendation about lemlist. They went the extra mile to understand what our users were thinking about us. As an entrepreneur, you’re always on the lookout for people doing the extra mile, so I definitely wanted to meet with them at that time.”
You can read more in Guillaume Moubeche’s blog about his bootstrap journey with co-founders Vianney Lecroart and Francois Lecroart, and why they chose to partner with Expedition: blog.lempire.co/from-0-to-150m-valuation-in-3-5-years/