🏆 Deal of the Week · CW 34/2021
Atheneum raised USD 150 million in a funding round announced in August 2021. The round's valuation remains undisclosed. Guidepost Growth Equity and Crosslantic Capital participated alongside strategic investors Vogel Communication Group and Michael Brehm.
Atheneum — key deal facts
| Company | Atheneum |
| Founded | 2010 |
| Headquarters | Berlin, Germany |
| Amount raised | USD 150M |
| Valuation | Valuation Remains Undisclosed |
| Round | Series Unknown |
| Investors | Vogel Communication Group (https://www.vogel.de/) Michael Brehm (https://www.linkedin.com/in/michaelbrehm?originalSubdomain=de) Guidepost Growth Equity (https://guidepostgrowth.com/) Crosslantic Capital (https://www.crosslantic.com/) |
| Sectors | Business Intelligence / IT |
Who invested in Atheneum?
The round drew capital from Guidepost Growth Equity, Crosslantic Capital, Vogel Communication Group, and individual investor Michael Brehm. The mix is notable for combining a specialist growth-equity fund with a major German media and communications group, signalling both financial and strategic validation. Vogel Communication Group's participation in particular points to the strategic value Atheneum's expert-network infrastructure holds for B2B information businesses.
What does Atheneum do?
Atheneum, also known as Atheneum Partners, is a global expert network and insights platform operating in the Business Intelligence and IT sectors. The company connects clients—including strategy consulting firms and investment houses—with industry experts for one-hour consulting calls, primary research deliverables, and long-form consulting engagements under a Research-as-a-Service model. Founded in 2010 by Mathias Wengeler, Atheneum is headquartered in Berlin, Germany, and serves a global client base seeking bespoke, expert-driven intelligence to inform business strategy.
Atheneum valuation & multiples
No verified EV/Sales or EV/EBITDA multiples are available for this transaction, as the post-money valuation was not disclosed. Once comparable transaction multiples are established, they will be benchmarked against prevailing ranges in the Business Intelligence and IT sectors. Visit the Venionaire DealMatrix sector multiples pages for current EV/Sales and EV/EBITDA reference ranges across B2B SaaS and information-services transactions.
Frequently asked questions
How much did Atheneum raise in its Series Unknown?
Atheneum raised USD 150 million in a funding round announced in August 2021; the series stage has not been formally disclosed.
What is Atheneum's valuation?
Atheneum's post-money valuation remains undisclosed.
Who invested in Atheneum?
The round's investors include Guidepost Growth Equity, Crosslantic Capital, Vogel Communication Group, and Michael Brehm.
When was Atheneum founded and where is it based?
Atheneum was founded in 2010 and is headquartered in Berlin, Germany.
Source: original announcement — read the full report.