RAC Growth Equity Completes Equity Investment in heyData GmbH

Riverside Acceleration Capital (RAC) is pleased to announce its recent equity investment in heyData GmbH, a leading provider of IT security and privacy compliance solutions for small and mid-sized businesses. RAC was the lead investor for heyData’s $16.5 million funding round aimed at accelerating product expansion and European market growth.

This investment follows RAC’s initial growth lending partnership with heyData in June 2025, exemplifying RAC’s differentiated approach of supporting companies across multiple stages of growth and development.

heyData offers an all-in-one compliance platform built to simplify complex regulatory requirements, enabling businesses to automate data protection audits, risk management, and IT security processes.

RAC’s Multi-Stage Investment Approach
RAC Growth Equity’s participation in this round underscores RAC’s commitment to being a long-term partner for innovative B2B software companies. As an alternative to direct equity investments, RAC also offers the opportunity to begin relationships through its growth lending strategy (RAC Growth Lending), providing flexible non-dilutive capital to fuel expansion, and subsequently participates in equity rounds, when aligned with the company’s trajectory. This approach allows RAC to help deliver the right type of capital at the right time, combined with operational expertise through its Acceleration Program.

“heyData operates in a rapidly growing market where compliance and IT security are critical for businesses of all sizes,” said Riverside Acceleration Capital Partner Christian Stein “Our initial growth lending investment enabled heyData to scale efficiently, and the company’s strong execution and market traction made this equity investment a natural next step.”

As heyData continues to innovate and strengthen its compliance and IT security platform, RAC looks forward to supporting their mission to make data protection and security accessible for businesses across Europe and beyond.

About heyData
heyData’s mission is to make compliance accessible and easy for everyone. Founded in Berlin in 2020 by Miloš Djurdjević, Daniel Deutsch, and Martin Bastius, the company has established itself as one of the leading providers in the fields of data protection and compliance. Its digital all-in-one compliance solution, offered as Software as a Service (SaaS), helps companies maintain an overview of their data protection obligations and meet them efficiently. heyData serves more than 2,000 customers across a wide range of industries, including Rebuy, Soundcloud, Bioland, FIBA Europe, Fleurop, PONS, numa, Flip and everdrop. The heyData team consists of more than 50 employees.
Further information is available at www.heydata.eu.

About Riverside Acceleration Capital (RAC)
Riverside Acceleration Capital (RAC) supports B2B software companies through two strategies: RAC Growth Equity (RAC GE), which helps accelerate company growth and build long-term value through non-control equity investments; and RAC Growth Lending (RAC GL), which provides growth loans to help companies hit critical milestones and proof points. Both RAC strategies emphasize partnering with founders to accelerate growth by leveraging RAC’s deep software expertise and operational resources to help businesses scale and create lasting value.

RAC has supported more than 90 B2B software companies since its founding in 2016 and is part of The Riverside Company.

For more information, visit www.riverside.ac.