Off-playbook,

by design.

LEC (Lazard Elaia Capital) provides tailored capital for European B2B software.

LEC backs fast-growing B2B software companies with €10-100 million in revenue that are already profitable or scaling with discipline.

We invest €20–60 million, minority or control, aligned with entrepreneurs’ ambitions. Tailoring capital and governance to each company’s need is the cornerstone of our approach.

Off-playbook, by design.

Target company revenue

Tailored capital

Initial investment size

One team working towards extraordinary outcomes.

At LEC, our strength lies in the diversity of perspectives we bring to every partnership. Our team blends the curiosity of venture capital, the precision of growth investing, and the discipline of private equity, united by decades of experience in technology.

We take the time to understand each company’s path, working closely with entrepreneurs and leadership teams as active thought partners. This multidisciplinary approach allows us to see patterns and help entrepreneurs scale with clarity, focus, and conviction.

They form a strong alliance: Elaia provides local roots and technology insight from early-stage innovation; Lazard provides long-standing global connectivity with the world’s leading stakeholders. Together, they help LEC power the next generation of European technology champions.

Taking a responsible approach to investment is crucial for the long-term economic performance of any company.