HV Capital

HV Capital is a Munich- and Berlin-based venture capital firm established in 2000, focusing on supporting founders in the development of internet and technology companies. Formerly known as HV Holtzbrinck Ventures, the firm has become one of the leading early-stage and growth investors in Europe, managing a total of €1.7 billion across various funds. HV Capital has invested in approximately 200 companies, including notable names such as Zalando, Delivery Hero, FlixMobility, and SumUp. The firm typically provides funding ranging from €500,000 to €50 million, enabling it to support startups through all stages of growth. HV Capital primarily targets investments in sectors such as fintech, B2B, e-commerce, enterprise, travel, education, mobility, healthcare, and retail.

Nawid Ali-Abbassi

Partner

Jannis Fett

Associate

David Fischer

Principal

Fabian Gruner

Senior Principal

Said Alib Haschemi

Investment Manager

Alexander Joel-Carbonell

Partner

Christoph Jung

General Partner

David Kuczek

General Partner

Lars Langusch

Founding Partner

Rainer Maerkle

General Partner

Jasper Masemann

Partner

Jan Miczaika

Partner

Barbod Namini

Partner

Christian Saller

General Partner

Dr. Laura Seifert

Investor

Martin Weber

General Partner

Past deals in Sales

Atolls

Venture Round in 2020
Global Savings Group GmbH, based in Munich, Germany, is a prominent shopping rewards company in Europe, founded in 2012. The company operates savings platforms that enable consumers to shop more efficiently by providing access to exclusive deals across various sectors, including fashion, electronics, beauty, and wellness. With a robust portfolio of consumer engagement platforms, GSG assists over 350 million shoppers annually in making informed purchasing decisions. The company employs a team of over 500 professionals and utilizes an advanced technology stack to facilitate more than 2 million transactions each month. By fostering partnerships with leading publishers, Global Savings Group enhances customer loyalty and engagement for major advertising brands, while also allowing publishers to monetize their content through product recommendations and discounts.

Atolls

Series D in 2020
Global Savings Group GmbH, based in Munich, Germany, is a prominent shopping rewards company in Europe, founded in 2012. The company operates savings platforms that enable consumers to shop more efficiently by providing access to exclusive deals across various sectors, including fashion, electronics, beauty, and wellness. With a robust portfolio of consumer engagement platforms, GSG assists over 350 million shoppers annually in making informed purchasing decisions. The company employs a team of over 500 professionals and utilizes an advanced technology stack to facilitate more than 2 million transactions each month. By fostering partnerships with leading publishers, Global Savings Group enhances customer loyalty and engagement for major advertising brands, while also allowing publishers to monetize their content through product recommendations and discounts.

Mercavus

Seed Round in 2020
mercavus GmbH operates an online platform that connects independent retailers and brands to facilitate wholesale shopping. Its platform enables retailers to buy products from around the world without having to worry about country borders, different currencies, or language barriers. The company is based in Berlin, Germany.

Depop

Series C in 2019
Depop Limited operates a mobile application that facilitates the buying, selling, and discovery of various items, primarily focusing on fashion. Founded in 2011 and headquartered in London, the company has expanded its presence with locations in Manchester, New York, Los Angeles, and Australia. With over 21 million registered users across 147 countries, Depop has established itself as a significant player in the online marketplace, particularly among younger consumers. Notably, it has recently ranked among the top 25 shopping apps by daily active users in Europe.

Mercavus

Seed Round in 2019
mercavus GmbH operates an online platform that connects independent retailers and brands to facilitate wholesale shopping. Its platform enables retailers to buy products from around the world without having to worry about country borders, different currencies, or language barriers. The company is based in Berlin, Germany.

Depop

Series B in 2018
Depop Limited operates a mobile application that facilitates the buying, selling, and discovery of various items, primarily focusing on fashion. Founded in 2011 and headquartered in London, the company has expanded its presence with locations in Manchester, New York, Los Angeles, and Australia. With over 21 million registered users across 147 countries, Depop has established itself as a significant player in the online marketplace, particularly among younger consumers. Notably, it has recently ranked among the top 25 shopping apps by daily active users in Europe.

Atolls

Series C in 2017
Global Savings Group GmbH, based in Munich, Germany, is a prominent shopping rewards company in Europe, founded in 2012. The company operates savings platforms that enable consumers to shop more efficiently by providing access to exclusive deals across various sectors, including fashion, electronics, beauty, and wellness. With a robust portfolio of consumer engagement platforms, GSG assists over 350 million shoppers annually in making informed purchasing decisions. The company employs a team of over 500 professionals and utilizes an advanced technology stack to facilitate more than 2 million transactions each month. By fostering partnerships with leading publishers, Global Savings Group enhances customer loyalty and engagement for major advertising brands, while also allowing publishers to monetize their content through product recommendations and discounts.

Depop

Series A in 2016
Depop Limited operates a mobile application that facilitates the buying, selling, and discovery of various items, primarily focusing on fashion. Founded in 2011 and headquartered in London, the company has expanded its presence with locations in Manchester, New York, Los Angeles, and Australia. With over 21 million registered users across 147 countries, Depop has established itself as a significant player in the online marketplace, particularly among younger consumers. Notably, it has recently ranked among the top 25 shopping apps by daily active users in Europe.

Atolls

Series B in 2015
Global Savings Group GmbH, based in Munich, Germany, is a prominent shopping rewards company in Europe, founded in 2012. The company operates savings platforms that enable consumers to shop more efficiently by providing access to exclusive deals across various sectors, including fashion, electronics, beauty, and wellness. With a robust portfolio of consumer engagement platforms, GSG assists over 350 million shoppers annually in making informed purchasing decisions. The company employs a team of over 500 professionals and utilizes an advanced technology stack to facilitate more than 2 million transactions each month. By fostering partnerships with leading publishers, Global Savings Group enhances customer loyalty and engagement for major advertising brands, while also allowing publishers to monetize their content through product recommendations and discounts.

Depop

Series A in 2015
Depop Limited operates a mobile application that facilitates the buying, selling, and discovery of various items, primarily focusing on fashion. Founded in 2011 and headquartered in London, the company has expanded its presence with locations in Manchester, New York, Los Angeles, and Australia. With over 21 million registered users across 147 countries, Depop has established itself as a significant player in the online marketplace, particularly among younger consumers. Notably, it has recently ranked among the top 25 shopping apps by daily active users in Europe.

Atolls

Series A in 2014
Global Savings Group GmbH, based in Munich, Germany, is a prominent shopping rewards company in Europe, founded in 2012. The company operates savings platforms that enable consumers to shop more efficiently by providing access to exclusive deals across various sectors, including fashion, electronics, beauty, and wellness. With a robust portfolio of consumer engagement platforms, GSG assists over 350 million shoppers annually in making informed purchasing decisions. The company employs a team of over 500 professionals and utilizes an advanced technology stack to facilitate more than 2 million transactions each month. By fostering partnerships with leading publishers, Global Savings Group enhances customer loyalty and engagement for major advertising brands, while also allowing publishers to monetize their content through product recommendations and discounts.

Atolls

Seed Round in 2013
Global Savings Group GmbH, based in Munich, Germany, is a prominent shopping rewards company in Europe, founded in 2012. The company operates savings platforms that enable consumers to shop more efficiently by providing access to exclusive deals across various sectors, including fashion, electronics, beauty, and wellness. With a robust portfolio of consumer engagement platforms, GSG assists over 350 million shoppers annually in making informed purchasing decisions. The company employs a team of over 500 professionals and utilizes an advanced technology stack to facilitate more than 2 million transactions each month. By fostering partnerships with leading publishers, Global Savings Group enhances customer loyalty and engagement for major advertising brands, while also allowing publishers to monetize their content through product recommendations and discounts.

21Diamonds

Series C in 2012
21Diamonds.in is an online jewelry shopping store that offers top quality diamond, gold and silver jewelry and accessories with conspicuously matchless designs. With its affordable prices and unique jewelry shopping experience, 21Diamonds is a one stop destination for making all your jewelry buying dreams come true.

BerryAvenue

Venture Round in 2012
BerryAvenue is operator of an online shopping club. It provides an online shopping platform where celebrities offer shopping tips and recommend products which can then be purchased directly through the company's website.

Depop

Seed Round in 2012
Depop Limited operates a mobile application that facilitates the buying, selling, and discovery of various items, primarily focusing on fashion. Founded in 2011 and headquartered in London, the company has expanded its presence with locations in Manchester, New York, Los Angeles, and Australia. With over 21 million registered users across 147 countries, Depop has established itself as a significant player in the online marketplace, particularly among younger consumers. Notably, it has recently ranked among the top 25 shopping apps by daily active users in Europe.

carsale24

Series A in 2012
Carsale24 operates an online platform that facilitates the sale of used cars through a digital auction format. Founded in 2010 and based in Hamburg, Germany, with additional offices in Solingen and Berlin, the platform allows individuals to sell their vehicles free of charge in bid rounds to certified professional dealers. It serves a diverse clientele, including business and private consumers, estate administrators, insurance companies, and banks. Carsale24 provides comprehensive services such as vehicle valuation and advertising, streamlining the car trade-in process for all participants in the marketplace.

21Diamonds

Venture Round in 2011
21Diamonds.in is an online jewelry shopping store that offers top quality diamond, gold and silver jewelry and accessories with conspicuously matchless designs. With its affordable prices and unique jewelry shopping experience, 21Diamonds is a one stop destination for making all your jewelry buying dreams come true.

carsale24

Seed Round in 2011
Carsale24 operates an online platform that facilitates the sale of used cars through a digital auction format. Founded in 2010 and based in Hamburg, Germany, with additional offices in Solingen and Berlin, the platform allows individuals to sell their vehicles free of charge in bid rounds to certified professional dealers. It serves a diverse clientele, including business and private consumers, estate administrators, insurance companies, and banks. Carsale24 provides comprehensive services such as vehicle valuation and advertising, streamlining the car trade-in process for all participants in the marketplace.

Groupon

Series C in 2010
Citydeal.de is a German-based daily deal platform that offers consumers discounted deals on local goods, services, and cultural events. Operating in over 50 cities across Germany, the site provides daily coupons for various activities, including dining, wellness, entertainment, travel, and shopping. The business model is based on collective purchasing; if a sufficient number of consumers express interest in a deal, it becomes active, allowing users to benefit from significant savings. Citydeal.de aims to connect consumers with local businesses while promoting a range of experiences within their communities.

Groupon

Venture Round in 2010
Citydeal.de is a German-based daily deal platform that offers consumers discounted deals on local goods, services, and cultural events. Operating in over 50 cities across Germany, the site provides daily coupons for various activities, including dining, wellness, entertainment, travel, and shopping. The business model is based on collective purchasing; if a sufficient number of consumers express interest in a deal, it becomes active, allowing users to benefit from significant savings. Citydeal.de aims to connect consumers with local businesses while promoting a range of experiences within their communities.

brands4friends

Venture Round in 2008
brands4friends operates an online shopping platform in Germany that offers high-quality branded fashion and lifestyle products. The company specializes in selling a diverse range of items, including clothing for men, women, and children, as well as sports goods, accessories, beauty products, and electronics. It utilizes a model of consecutive, temporary sales auctions, allowing customers to purchase remaindered goods from well-known brands at competitive prices. This approach not only provides consumers with access to desirable products but also promotes sustainability by facilitating the sale of surplus inventory.

Bookya.de

Series A in 2007
[Bookya](http://www.bookya.de/) creates transparency in the market for university literature which is affected by university specific requirements and relatively high prices for new books. Because of the regional focus, it is possible to locally bring together buyers and sellers, to increase the use of an individual book and to achieve more favourable prices. In case a required book is not available used at Bookya, there is the opportunity of directly ordering a new edition on the page. The company finances itself among other things using premium proceeds which accrue from selling new books.

brands4friends

Seed Round in 2007
brands4friends operates an online shopping platform in Germany that offers high-quality branded fashion and lifestyle products. The company specializes in selling a diverse range of items, including clothing for men, women, and children, as well as sports goods, accessories, beauty products, and electronics. It utilizes a model of consecutive, temporary sales auctions, allowing customers to purchase remaindered goods from well-known brands at competitive prices. This approach not only provides consumers with access to desirable products but also promotes sustainability by facilitating the sale of surplus inventory.
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