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We are an early-stage B2B SaaS-only fund. We make a handful of high conviction commitments per year to founders who aim to re-define categories.
Europe's first SME tech fund.
We are a European early-stage, SME Tech first-cheque writer.
We initially invest EUR 100K to EUR 1M in start-ups at the pre-seed & seed stage that are primarily located in the DACH & UK.
We focus on vertical, embedded and Trifecta solutions (combining marketplaces with SaaS and Payment). We shy away from horizontal stand-alone solutions.
We look for SME Tech industry and category leaders who can sell to enterprise at some point.
Aside of LTV:CAC ratios, we love to see upmarket potential, in other words SME-first startups moving upmarket by selling to enterprises.