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Nicholas (Nicho) Herold

Investor at Boston Consulting Group (BCG)

Munich, Bavaria

Overview

Work Experience

  • Associate - Principal Investors & Private Equity (PIPE) | Strategy Consulting

    2024 - Current

    - Core member of BCG’s PIPE taskforce in Central Europe; staffing ringfence since start at BCG - Conducted 10+ buy-side commercial DDs and pre-DDs across software, business services, TMT infrastructure, retail/consumer, and chemicals; focus on market models and financial models for revenue and cost initiatives

  • Investment Associate - Antler Elevate | Late-Stage VC

    2021 - 2023

    Antler Elevate is Antler's flagship c. $300M late-stage VC / early Growth fund. It invests globally and sector agnostically at Series A - Series C with $1M - $15M tickets in minority preferred stakes. The fund not only is Antler's continuity fund (similar to Y Combinator Continuity) for the top 1% of Antler startups but also invests in non-Antler firms with potential to become regional category leaders. Antler Elevate is supported by leading LPs including sovereign wealth funds and publicly listed global asset managers. Learn more at antler.co/elevate Selected Achievements: - Co-established inaugural Antler Elevate fund as the fund's first Associate based in NYC with rotation through London, Berlin, and Singapore - Conducted commercial and financial due diligence on 70+ deals at Series A – C stages; focused on fintech, B2B SaaS, consumer, and frontier technology firms across North America, Europe, and APAC - Developed Antler's global investor network and maintained relations with global tier-1 funds and local funds in Europe and Southeast Asia - Compiled sector study on Open Finance in Southeast Asia to help portfolio companies define growth roadmap Portfolio lead for: - Inshur (commercial motor insurance, USA) - PowerX (IoT energy platform, USA) - VeroTech (lending and SaaS for inventory financing, USA) - Juno (retail neobank, USA) - Volopay (expense management for SMEs, Singapore) - Qashier (smart POS for SME retailers, Singapore) - Staffinc (personnel-on-demand platform, Indonesia) - Brick (Open Finance APIs, Indonesia) - Bootloader (AR/VR pets, Vietnam)

  • Sustainable Investments Intern | ESG Investing & Research

    2019 - 2019

    - Screened research reports on sustainable ETFs and built quantitative model to scrutinize their superior returns; results were published in “Leveraging the Potential of ESG ETFs for Sustainable Development” (Feb. 2020) - Drafted actions on how to boost UN Sustainable Development Goals covered by ESG ETFs from 7 to 13

  • Fellow Intern | Strategy Consulting

    2019 - 2019

    - Private Equity & Principal Investors (PEPI): Conducted commercial due diligence to advise European PE fund on purchase of Series E consumer loans fintech; results helped client decide on acquisition - Technology / Software: Benchmarked SaaS solutions portfolio of leading ERP providers; analysis was cornerstone for measures to lift customer satisfaction

  • Business Development Intern | Automotive Chemicals Japan

    2018 - 2018

    - Analyzed precedent transactions of Japanese competitors; insights supported leadership in M&A target search - Investigated customer trends in Japanese coatings market and modeled market growth scenarios; insights were used to prioritize organic growth levers

  • M&A Intern | Transaction Advisory

    2017 - 2017

    - Assessed key financial and regulatory post-merger risks in merger of two leading European payment service providers; results helped client define target operating model - Performed process mapping and validated cost synergies in newly merged entity

  • Product Development Intern | Derivatives Exchange

    2016 - 2016

    - Conducted product research to substantiate transaction cost reduction for banks and institutional investors - Analyzed performance of market makers; analysis was used as basis for distribution of commissions

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