HV Capital

HV Capital is a Munich- and Berlin-based venture capital firm that supports founders in developing their internet companies. Since 2000 HV Capital, formerly HV Holtzbrinck Ventures, has invested in Internet and technology companies through various generations of funds and is one of the most successful and financially strongest early-stage and growth investors in Europe. HV Capital has already invested in around 200 companies, including Zalando, Delivery Hero, FlixMobility and SumUp. The total of all HV Funds amounts to €1.7 billion. The company supports startups with capital between €500,000 and €50 million. This makes HV Capital one of the few venture capitalists in Europe that can finance startups through all growth phases.

Sven Achter

Risk Management

Nawid Ali-Abbassi

Principal

Rainer Maerkle

General Partner

Past deals in Austria

Storyblok

Series B in 2022
The Only Headless CMS with a Visual Editor Managing digital content with a headless CMS can be a difficult task. Without a visual preview, editors are often lost and need instruction even for simple changes. Storyblok has the user experience of a page builder with a modern headless architecture behind. This gives the developer freedom and the editor a self-explaining and intuitive interface.

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).

Home24

Venture Round in 2016
Home24 SE markets, sells, and ships furniture and home furnishings. Its large furniture products comprise living and dining furniture products, including chairs, tables, and drawers, upholstery products that comprise sofas, armchairs, and ottomans, bedroom furniture products, such as beds, wardrobes, and mattresses, and other products consisting of garden, office, and bathroom products. Home24's small furniture products include lightning products, such as interior and ceiling lights, and table lamps, accessories comprising decorations, curtains, and pillows, and other products, including mirrors, shelves, and cabinets. It sells its products primarily under the Home24, Mobly, Ars Manufacti, Ars Natura, Fredriks, Jack & Alice, Masion Belfort, Mooved, Eva Padberg, and Smood brand names. Home24 serves through a network of seven showrooms in Germany and Austria, as well as online channels, such as Websites and apps. It also operates in Switzerland, France, the Netherlands, Belgium, Italy, and Brazil. Christoph Cordes, Felix Jahn, Marc Appelhoff, and Philipp Kreibohm founded Home24 in 2009. Its headquarters is in Berlin in Germany.

Cuponation

Series B in 2015
Cuponation is a prominent online platform that provides users with access to discount codes and offers across more than 24 countries. Founded by Corrado Rota, the company features over 18,000 e-commerce brands, including well-known names like Amazon, Just Eat, and Asos, spanning various categories such as fashion, beauty, electronics, and travel. Cuponation's business model focuses on aggregating discount codes, allowing users to easily copy and paste these codes at checkout without the need for registration. This approach distinguishes Cuponation from competitors like Groupon, aligning more closely with traditional coupon platforms like Retailmenot and Coupons.com. The company's international expansion began in India, followed by launches in Brazil, Spain, Italy, Switzerland, Austria, Poland, France, the United Kingdom, and the United States. Cuponation strategically targets markets with limited competition to establish its presence before venturing into more challenging environments.

Caremondo

Series A in 2015
Caremondo GmbH operates an international healthcare marketplace that connects patients with information about treatment options and specialized clinics in Germany, Austria, Switzerland, and beyond. Based in Munich, the company's platform allows users to research their diagnoses, explore various treatment options, and compare clinics. Patients can easily connect with clinic representatives at no cost. In addition to providing essential information, Caremondo offers a range of services, including assistance with flight bookings, accommodations, transfers, and the translation of medical documents. The Caremondo service team can also manage complete planning and booking for patients, enabling them to focus on their health and recovery. Caremondo GmbH has been a subsidiary of FairMed Online Pte Ltd since November 2016.

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).

Delivery Hero

Series D in 2013
Delivery Hero is a worldwide network of online food ordering sites, operating in 21 countries and with over 73,000 restaurant partners. Delivery Hero operates in Germany, UK, Austria, South Korea, Sweden, Finland, Poland, Australia, Switzerland, China, India, Colombia, Mexico, Argentina, Chile, Uruguay, Brazil, Peru, Venezuela, Panama, and Puerto Rico. The Group has more than 1000 employees globally, with 400 working from its Berlin Headquarters. Delivery Hero has received $523 million in investment in 2014 alone with investors including Insight Venture Partners, Luxor Capital Group, Kite Ventures, Team Europe, ru-Net, Tengelmann Ventures, Point Nine Capital, Vostok Nafta, and Phenomen Ventures.

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).

BillPay

Series C in 2012
BillPay GmbH, based in Berlin, Germany, is a prominent online payment provider established in 2009 by Dr. Nelson Holzner. Initially a small team, the company has expanded to over 120 employees and services the growing international e-commerce market, particularly in Germany, Austria, Switzerland, and the Netherlands. BillPay offers various payment options to online retailers, including invoice, direct debit, and installment plans, which facilitate collections and chargeback processes. With over 4,000 online shops and millions of customers utilizing its payment methods, BillPay has established itself as a trusted platform in the e-commerce sector. Since September 2017, it has operated as a subsidiary of Klarna Bank AB, further enhancing its capabilities in the digital payment landscape.

Fashion For Home

Venture Round in 2012
Fashion For Home is a furniture shop that operates both online and offline, serving Germany, Austria, and the Netherlands. It also offers international shipping to businesses and designers outside these three countries. Fashion For Home was founded in 2009 and is headquartered in Berlin, Germany with showrooms in Berlin, Hamburg, Munich,Frankfurt am Main, Düsseldorf, and Vienna.

Outfittery

Seed Round in 2012
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).

Westwing

Private Equity Round in 2012
Westwing GmbH is an e-commerce company specializing in home furniture and accessories. Founded in 2011 and headquartered in Munich, Germany, it operates a shoppable magazine and an online shopping club. The company offers a wide range of products, including textiles, rugs, furniture, home decor, lighting, and kitchen items, available under its own brands as well as third-party labels. Westwing serves customers across 11 European countries, including Germany, Austria, Switzerland, and France, focusing on various room ideas and styles for different living spaces. As a subsidiary of Westwing Group AG, the company emphasizes both quality and aesthetic appeal in its offerings.

Home24

Venture Round in 2012
Home24 SE markets, sells, and ships furniture and home furnishings. Its large furniture products comprise living and dining furniture products, including chairs, tables, and drawers, upholstery products that comprise sofas, armchairs, and ottomans, bedroom furniture products, such as beds, wardrobes, and mattresses, and other products consisting of garden, office, and bathroom products. Home24's small furniture products include lightning products, such as interior and ceiling lights, and table lamps, accessories comprising decorations, curtains, and pillows, and other products, including mirrors, shelves, and cabinets. It sells its products primarily under the Home24, Mobly, Ars Manufacti, Ars Natura, Fredriks, Jack & Alice, Masion Belfort, Mooved, Eva Padberg, and Smood brand names. Home24 serves through a network of seven showrooms in Germany and Austria, as well as online channels, such as Websites and apps. It also operates in Switzerland, France, the Netherlands, Belgium, Italy, and Brazil. Christoph Cordes, Felix Jahn, Marc Appelhoff, and Philipp Kreibohm founded Home24 in 2009. Its headquarters is in Berlin in Germany.

Delivery Hero

Series C in 2012
Delivery Hero is a worldwide network of online food ordering sites, operating in 21 countries and with over 73,000 restaurant partners. Delivery Hero operates in Germany, UK, Austria, South Korea, Sweden, Finland, Poland, Australia, Switzerland, China, India, Colombia, Mexico, Argentina, Chile, Uruguay, Brazil, Peru, Venezuela, Panama, and Puerto Rico. The Group has more than 1000 employees globally, with 400 working from its Berlin Headquarters. Delivery Hero has received $523 million in investment in 2014 alone with investors including Insight Venture Partners, Luxor Capital Group, Kite Ventures, Team Europe, ru-Net, Tengelmann Ventures, Point Nine Capital, Vostok Nafta, and Phenomen Ventures.

BillPay

Series B in 2011
BillPay GmbH, based in Berlin, Germany, is a prominent online payment provider established in 2009 by Dr. Nelson Holzner. Initially a small team, the company has expanded to over 120 employees and services the growing international e-commerce market, particularly in Germany, Austria, Switzerland, and the Netherlands. BillPay offers various payment options to online retailers, including invoice, direct debit, and installment plans, which facilitate collections and chargeback processes. With over 4,000 online shops and millions of customers utilizing its payment methods, BillPay has established itself as a trusted platform in the e-commerce sector. Since September 2017, it has operated as a subsidiary of Klarna Bank AB, further enhancing its capabilities in the digital payment landscape.

BillPay

Series A in 2010
BillPay GmbH, based in Berlin, Germany, is a prominent online payment provider established in 2009 by Dr. Nelson Holzner. Initially a small team, the company has expanded to over 120 employees and services the growing international e-commerce market, particularly in Germany, Austria, Switzerland, and the Netherlands. BillPay offers various payment options to online retailers, including invoice, direct debit, and installment plans, which facilitate collections and chargeback processes. With over 4,000 online shops and millions of customers utilizing its payment methods, BillPay has established itself as a trusted platform in the e-commerce sector. Since September 2017, it has operated as a subsidiary of Klarna Bank AB, further enhancing its capabilities in the digital payment landscape.

Home24

Seed Round in 2009
Home24 SE markets, sells, and ships furniture and home furnishings. Its large furniture products comprise living and dining furniture products, including chairs, tables, and drawers, upholstery products that comprise sofas, armchairs, and ottomans, bedroom furniture products, such as beds, wardrobes, and mattresses, and other products consisting of garden, office, and bathroom products. Home24's small furniture products include lightning products, such as interior and ceiling lights, and table lamps, accessories comprising decorations, curtains, and pillows, and other products, including mirrors, shelves, and cabinets. It sells its products primarily under the Home24, Mobly, Ars Manufacti, Ars Natura, Fredriks, Jack & Alice, Masion Belfort, Mooved, Eva Padberg, and Smood brand names. Home24 serves through a network of seven showrooms in Germany and Austria, as well as online channels, such as Websites and apps. It also operates in Switzerland, France, the Netherlands, Belgium, Italy, and Brazil. Christoph Cordes, Felix Jahn, Marc Appelhoff, and Philipp Kreibohm founded Home24 in 2009. Its headquarters is in Berlin in Germany.

erento

Venture Round in 2007
Find. Rent. Enjoy. erento is the largest online rental marketplace in Europe. The company considers itself at the forefront of the collaborative consumption movement. The customers of erento are rental “landlords” that offer their rental items to erento’s more than 20,000 daily website visitors. These rental items include physical wares (sports cars, tools or mobile homes) as well as services. The company was founded in 2003 by Chris Mueller and Uwe Kampschulte as an online marketplace for rental items within Germany. erento quickly grew to Europe’s largest rental marketplace, with locations in Germany, the UK, Austria and Switzerland. In 2006, erento offered approximately 200,000 items for rental. That number tripled to over 640,000 rental items offered on erento in 2007. In 2007 Holzbrink Ventures one of Germany’s largest, most successful venture funds raised its holding in erento to 13 percent. Later in 2009, founder Uwe Kampschulte left the company and was replaced by Oliver Weyergraf. In 2010, the business model was transformed from a commission model to a contract based model. With this contract model, each rental “landlord” can upload a certain number of articles online each month. The items are then advertised via erento’s vast marketing networks. When a user searches for an item, the contact details of erento’s “landlords”, such as website and phone number, are shared directly with the public. On July 1, 2011, the Austrian publishing house Russmedia (previously Vorarlberger Medienhaus) took over erento, purchasing 100 percent of its shares. Shortly thereafter, management of erento changed again, with Rainer Kroesing and Helmar Hipp taking over leadership in February 2012 and Patrick Guenter taking over management in May 2012. In February 2013, an English management expert, Robert Paterson, took over the second chair leadership role at the firm. Paterson was responsible for management of both the Berlin and UK offices of erento. In November 2013, erento grew again by acquiring Finnish online rental platform iRent.fi. Established by the Laakeri Group, iRent.fi has a significant peer-to-peer rental community. With this purchase, erento took a significant step in the direction of peer-to-peer rental and collaborative consumption models, an ongoing goal of the company. As a result of this merger, erento now operates actively in Germany, Austria, Switzerland, the UK and Finland. Since January 2014, erento has been led by Eugen B. Russ as joint CEO in conjunction with Patrick Guenter. At the core of the company are erento's values; they believe in open communication, trying new things, teamwork and commitment.

Mopay

Series A in 2000
Mopay Inc. is a payment solutions provider focused on facilitating transactions for online merchants globally. Founded in 2000 and headquartered in Munich, Germany, the company offers a platform that allows merchants to bill charges directly to consumers' cell phone, land line, and broadband accounts, streamlining the payment process for virtual, digital, and physical goods. Mopay has expanded its presence with offices in various countries, including the United States, the United Kingdom, Austria, China, Brazil, and Romania. As a subsidiary of MindMatics AG, Mopay continues to enhance its services to meet the evolving needs of online businesses and their customers.

Parship

Seed Round in 2000
PARSHIP.co.uk is the UK's first compatibility-based online dating service, specifically for people who are serious about forming a lasting relationship. It is the British subsidiary of Europe's largest and most successful serious online dating service with millions of members, who are predominantly affluent, educated men and women between 28 and 55 years old. Since its launch in Germany in 2001, PARSHIP has matched thousands of single people who are serious about forming a long-lasting relationship. The first step is an 80-question psychometric test, which is free of charge and takes about 20 minutes to complete. The results of the test create a fascinating profile of each member's personality. Using methods based on years of scientific research, this profile is then carefully matched with the profiles of other members whose balance of similar and complementary characteristics marks them out as a potential partner for the new member. PARSHIP.co.uk operates a 3-tiered pricing system: £35 for 1 month, £57 for 3 months, £84 for 6 months. 75% of people who register with the PARSHIP site go on to complete the psychometric compatibility test. In fact, 2,500 people across Europe complete the test every day. PARSHIP GmbH, headquartered in Hamburg, is 87%-owned by Holtzbrinck networXs AG, part of the Georg von Holtzbrinck publishing group, one of Germany's largest publishing companies with financial interests in more than 80 companies including the Macmillan Group. Driven primarily by revenue-share partnerships with leading names in print and online media, including Express Newspapers, Hellomagazine.com, FAZ, Die Zeit and Der Spiegel, as well as Tiscali and T-online, PARSHIP GmbH has expanded to cover UK, Austria, Switzerland, the Netherlands, Italy, Spain and France.