Irina Hemmers Puts a Spotlight on Europe’s Software Boom
Europe’s software industry is getting a lot more attention—and investor Irina Hemmers is one of the voices leading the charge. A partner at Thoma BravoDealroom has a profile for this one. Try Dealroom →, one of the world’s top software-focused investment firms, Hemmers recently shared her view that Europe has become “a hotbed for vertical B2B software.” That means companies here are quietly building powerful tools for specific industries like logistics, manufacturing, and finance—often out of the spotlight, but with deep expertise and real business impact.
Her comments come at a time when the numbers speak for themselves. In 2024, software spending in Europe grew by 11%, and it’s expected to keep rising. More than 13,000 software companies across the continent are generating over $10 million in annual revenue, and 4,000 of them have already passed the $50 million mark.
Hemmers believes this is just the beginning. While Europe doesn’t always match the speed or boldness of Silicon Valley, she argues it has something else: strong sector knowledge, regulatory resilience, and a focus on building sustainable, profitable businesses.
In her view, Europe’s strength lies in combining tech with deep industry roots—creating software that solves real-world problems. And with growing investor interest, the region may finally be stepping into its own global moment.
Source:
A.M.
