Mangrove V

Mangrove V is a venture capital fund managed by Mangrove Capital Partners, founded in 2000 and headquartered in Luxembourg, with additional offices in Berlin and Tel Aviv. Launched in 2017, Mangrove V focuses on early-stage investments primarily in the software sector, targeting technology companies across Europe and Israel. The firm aims to support the growth of its portfolio companies by providing financial backing, strategic advice, and leveraging industry connections. Mangrove Capital Partners specializes in various areas within the technology landscape, including internet services, e-commerce, gaming, and mobile applications, among others. Its investment strategy is centered on fostering innovation and helping startups realize their potential in a competitive market.

Itay Asulin

Investor

Yann Decroos

Investor

Adrian Goergen

Analyst

Mathieu Hecquet

Analyst

Steven Kohl

Partner

Nikolas Krawinkel

Principal

Lior Krengel

Principal

Yannick Oswald

Principal

Roy Saar

Partner

Hans-Jurgen Schmitz

Managing Partner

Peggy Zhou

Investor

Guang (Roger) Y.

Associate

Past deals in Luxembourg

Shipsta

Venture Round in 2019
Shipsta is a logistics intelligence platform that specializes in strategic and tactical logistics procurement. It offers an integrated end-to-end solution that includes features such as rate management, e-procurement, a freight calculator, scenario design, freight settlement, and a KPI dashboard. The company focuses on digitalizing logistics processes, with products like SHIPSTA FLEX that connect shippers with logistics service providers, optimizing procurement, handling, and transport capacities to reduce freight costs. Shipsta's intelligent software supports both long-term freight tenders and short-term rate requests, allowing clients to analyze tenders from multiple carriers and gain valuable insights for informed decision-making. The company's vision is to enhance logistics procurement through the implementation of intelligent autonomous processes.

Outfittery

Series E in 2016
Outfittery provides an online personal shopping service for men. OUTFITTERY’s mission is to take the pain out of shopping for men – as an online version of the “personal shopping”.Their personal style experts put together two or three outfits for each of their customers based on their preferences and personality from a range of top brands. Each customer is served and advised personally after a first online contact and an (optional) phone call. They keep the range of clothes constantly up to date by looking for the most interesting men´s fashion brands and the best items of popular designers worldwide.Their service is free and the individually selected items are sent to their customers free of charge. Customers only pay for the pieces that they want to keep in their wardrobe and feel comfortable in. OUTFITTERY today is the pioneer and market leader in curated shopping for men in Europe, shipping to eight countries (Germany, Austria, Switzerland, Netherlands, Belgium, Luxemburg, Sweden and Denmark).

Outfittery

Series C in 2015
Outfittery provides an online personal shopping service for men. OUTFITTERY’s mission is to take the pain out of shopping for men – as an online version of the “personal shopping”.Their personal style experts put together two or three outfits for each of their customers based on their preferences and personality from a range of top brands. Each customer is served and advised personally after a first online contact and an (optional) phone call. They keep the range of clothes constantly up to date by looking for the most interesting men´s fashion brands and the best items of popular designers worldwide.Their service is free and the individually selected items are sent to their customers free of charge. Customers only pay for the pieces that they want to keep in their wardrobe and feel comfortable in. OUTFITTERY today is the pioneer and market leader in curated shopping for men in Europe, shipping to eight countries (Germany, Austria, Switzerland, Netherlands, Belgium, Luxemburg, Sweden and Denmark).

Outfittery

Series B in 2014
Outfittery provides an online personal shopping service for men. OUTFITTERY’s mission is to take the pain out of shopping for men – as an online version of the “personal shopping”.Their personal style experts put together two or three outfits for each of their customers based on their preferences and personality from a range of top brands. Each customer is served and advised personally after a first online contact and an (optional) phone call. They keep the range of clothes constantly up to date by looking for the most interesting men´s fashion brands and the best items of popular designers worldwide.Their service is free and the individually selected items are sent to their customers free of charge. Customers only pay for the pieces that they want to keep in their wardrobe and feel comfortable in. OUTFITTERY today is the pioneer and market leader in curated shopping for men in Europe, shipping to eight countries (Germany, Austria, Switzerland, Netherlands, Belgium, Luxemburg, Sweden and Denmark).

Outfittery

Series A in 2013
Outfittery provides an online personal shopping service for men. OUTFITTERY’s mission is to take the pain out of shopping for men – as an online version of the “personal shopping”.Their personal style experts put together two or three outfits for each of their customers based on their preferences and personality from a range of top brands. Each customer is served and advised personally after a first online contact and an (optional) phone call. They keep the range of clothes constantly up to date by looking for the most interesting men´s fashion brands and the best items of popular designers worldwide.Their service is free and the individually selected items are sent to their customers free of charge. Customers only pay for the pieces that they want to keep in their wardrobe and feel comfortable in. OUTFITTERY today is the pioneer and market leader in curated shopping for men in Europe, shipping to eight countries (Germany, Austria, Switzerland, Netherlands, Belgium, Luxemburg, Sweden and Denmark).

Securewave

Series B in 2005
SecureWave specializes in endpoint security software solutions, offering a range of products designed to protect organizations from data threats. Its key offering, Sanctuary, enables businesses to manage, monitor, and control applications and devices within their corporate networks, ensuring effective malware protection, data leakage prevention, and IT system health maintenance. SecureWave serves various sectors, including finance, government, healthcare, education, manufacturing, and legal, providing essential compliance solutions tailored to each industry's needs. The company distributes its products through a network of reseller and service provider partners, enhancing its reach and effectiveness in safeguarding sensitive information.

Skype

Series B in 2004
Skype Communications SARL, founded in 2003 and headquartered in Luxembourg, is a subsidiary of Microsoft Corporation that offers a versatile application for online communication. The service allows users to make audio and video calls, send instant messages, and conduct professional meetings, all through various devices including computers, mobile phones, and tablets. Skype facilitates connections between individuals and groups, enabling users to share experiences, celebrate events, and collaborate effectively, regardless of their physical locations. While the basic features of Skype are free, additional services such as calling landlines, sending texts, and accessing Wi-Fi can be obtained through pay-as-you-go options or subscriptions. The platform also emphasizes security, encrypting calls and chats to ensure privacy during communication.

Skype

Series A in 2003
Skype Communications SARL, founded in 2003 and headquartered in Luxembourg, is a subsidiary of Microsoft Corporation that offers a versatile application for online communication. The service allows users to make audio and video calls, send instant messages, and conduct professional meetings, all through various devices including computers, mobile phones, and tablets. Skype facilitates connections between individuals and groups, enabling users to share experiences, celebrate events, and collaborate effectively, regardless of their physical locations. While the basic features of Skype are free, additional services such as calling landlines, sending texts, and accessing Wi-Fi can be obtained through pay-as-you-go options or subscriptions. The platform also emphasizes security, encrypting calls and chats to ensure privacy during communication.
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