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.
