Reflex I

Reflex Capital SE is a venture capital firm based in Prague, Czech Republic, with an additional office in San Francisco, California. The firm specializes in seed investments, focusing on early-stage companies. Reflex Capital operates with a unique model where it invests solely its own capital, allowing for swift decision-making without reliance on external partners. The firm's team consists of experienced entrepreneurs who have successfully achieved multiple significant exits, making them particularly founder-friendly. Reflex Capital typically invests between USD 0.25 million and USD 2 million per company, providing essential support to emerging businesses in their early development stages.

Josef Chvojka

Partner

Ondrej Fryc

Founder & Managing Partner

Roman Horacek

Partner

Vladimira Josefiová

Partner

Petr Kral

Partner

Marek Liska

Partner

Eduard Mika

Partner

Michal Táborský

Partner

48 past transactions

MADMONQ

Seed Round in 2022
MADMONQ is a European startup whose innovative food supplement, developed and produced in the heart of Europe supports complex mental and physical performance needs of top level gamers.

PPC Bee

Seed Round in 2021
PPC Bee is the application designed to manage on-line marketing PPC product campaigns. Would you like to earn bigger profits and get a higher return on your PPC budget? PPC Bee automatically optimizes your campaigns to get the maximum clicks for the least spend, increasing your ROI. PPC Bee automatically generates highly targeted campaigns. Want to increase sales 20%? With PPC it's easy, thanks to advanced settings and precision targeting. You can increase sales even higher with extra optimization of your own. PPC Bee gets people clicking through to your site like crazy. Product information is changed dynamically and updated automatically with PPC Bee. PPC Bee is an original Czech company providing services in the field of tools for on-line marketing. Our clients include major e-shops as well as cataloging servers. PPC Bee functions will satisfy even the most demanding users! Complete functionality is available for one month for free! Further information on www.ppcbee.com

Trackbar

Seed Round in 2021
Trackbar is a fitness technology company that specializes in enhancing strength training through digitized workout equipment. Their innovative solution provides real-time feedback and guidance to gym patrons during exercise sessions. Trackbar's technology can be retrofitted to all pin-loaded strength machines, allowing fitness centers to upgrade their equipment easily. The company collaborates with manufacturers and software providers to distribute its solutions, which also connect coaches directly with gym members. This approach elevates individual coaching and improves the overall workout experience for users, making strength training more effective and engaging.

wavepaths

Seed Round in 2021
Wavepaths creates accessible tools, that deepen their connection with ourselves and others, and expand their potential to have life changing experiences.

Fruitisimo

Venture Round in 2021
Fruitisimo is a food and beverage chain that offers fresh juice made from fruits and vegetables for a healthier and happier lifestyle.

Choice

Convertible Note in 2021
Choice – SaaS for hotels and restaurants, allowing them to digitize their operations, increase revenue and reduce costs

wavepaths

Seed Round in 2021
Wavepaths creates accessible tools, that deepen their connection with ourselves and others, and expand their potential to have life changing experiences.

signageOS

Seed Round in 2020
Founded in 2016 and based in Prague, Czech Republic, signageOS s.r.o. is the world’s first and only unification technology platform for digital signage. signageOS solutions encompass innovation in digital signage through modern technologies to create a standardized approach to multiple digital signage platforms and hardware. signageOS’s focus on platform integrations, hardware monitoring and management provides businesses with the latest technological solutions to facilitate highly efficient digital signage development.

byrd

Series A in 2020
byrd technologies GmbH is a third-party logistics and fulfillment company based in Vienna, Austria, founded in 2016. The company specializes in digital fulfillment services tailored for e-commerce businesses, offering solutions such as warehousing, pick and pack, shipping, quality control, and batch fulfillment. By operating an extensive fulfillment network, byrd connects online merchants with an international warehouse system, enabling retailers to provide advanced shipping options without the need to establish their own logistics infrastructure. The platform integrates seamlessly with popular e-commerce systems like Shopify and collaborates with logistics partners across multiple countries. In addition to its core markets in Germany and Austria, byrd has expanded its operations to include fulfillment locations in the UK and plans to launch new sites in the Netherlands and France. With the capacity to ship 10,000 orders daily from over ten warehouses, the company manages a storage space exceeding 500,000 square meters while also offering services like shipment tracking and product return management.

Leadspicker

Seed Round in 2020
We have developed an advanced Natural Language Processing classifier which, through deep learning, will be able to efficiently determine whether some recently created web is a web of an innovative startup company or not. This classifier in conjunction with advanced web crawler will be able to find most newly created startups on the global scale that are not in any database yet.

Spaceti

Seed Round in 2020
Spaceti S.R.O. specializes in software and hardware solutions for indoor building management, focusing on enhancing space efficiency and occupant well-being. Founded in 2016 and based in Prague, Czech Republic, the company offers an application that facilitates space management, smart parking, indoor navigation, and community engagement. Its solutions enable building owners to implement modern access systems and improve tenant care. Facility managers benefit from tools that allow real-time notifications about events and maintenance issues, as well as the ability to conduct surveys. Spaceti's analytical platforms provide insights into occupancy rates, environmental conditions, and parking space utilization, helping organizations optimize heating, ventilation, and lighting while predicting space requirements. Additionally, the company develops Smart Stone devices to collect valuable data for building management. Overall, Spaceti aims to improve productivity and comfort in workspaces while promoting financial and environmental sustainability.

SENS

Series A in 2020
SENS Foods GmbH, founded in 2016 and based in Berlin, Germany, specializes in the production and sale of food products made from cricket flour. The company offers a diverse range of items, including peanut butter and cinnamon bars, dark chocolate and sour cherry bars, chocolate protein blends, and cricket protein powders. SENS Foods markets its products primarily through online channels, aiming to provide healthy and sustainable protein sources. The company is positioned as a forward-thinking player in the food industry, focusing on the benefits of insect-based nutrition to promote a sustainable future.

Davinci Travel System

Seed Round in 2019
DAVINCI travel system is B2B online platform for booking and management of group reservations at hotels. DAVINCI ensure customer satisfaction and provide the highest quality group booking services to clients. Through the automation of online group booking, DAVINCI is able to provide our clients with wholesale rates as well as cater to individual client needs.

Apify

Seed Round in 2019
Apify Technologies s.r.o., founded in 2015 and based in Prague, Czech Republic, specializes in developing web crawlers and automation tools for businesses. Its platform allows users to efficiently extract structured data from various websites, enabling them to automate workflows that would otherwise be time-consuming and labor-intensive. For instance, users can gather product details such as sizes, colors, and prices from e-commerce sites and compile them into organized spreadsheets. Apify also offers features that facilitate regular updates, such as automatically uploading data to customer relationship management systems or notifying users about price changes. This flexibility and efficiency make Apify a valuable resource for developers and businesses looking to streamline their data collection and automation processes.

Webnode

Seed Round in 2019
Webnode is a website building platform founded in 2008 and based in Brno, Czech Republic. It offers a user-friendly tool that enables individuals and small businesses to create, design, and manage websites and web applications with minimal technical skills. The platform features a drag-and-drop interface, allowing users to incorporate elements such as blogs, forums, photo libraries, and feedback boxes easily. Webnode provides a free version of its service, making it accessible for startups and small enterprises seeking to establish an online presence without the complexities typically associated with website development.

Samepage Labs

Venture Round in 2019
Samepage Labs Inc. develops and operates team collaboration and messaging software. It enables teams to manage projects online in real-time with simultaneous editing, version control, task management, group video calling, and file sharing. The company was founded in 2015 and is based in Campbell, California with an additional office in Pilsen, Czech Republic. As of November 16, 2020, Samepage Labs Inc. operates as a subsidiary of Paylocity Holding Corporation.

Productboard

Series A in 2019
ProductBoard, Inc. develops and operates Software-as-a-Service platform for product management. Its software platform enables product teams to understand what users need, prioritize what to build, share roadmaps, monitor progress towards launch, earn colleagues trust, and engage customer community. ProductBoard, Inc. was founded in 2014 and is based in Oakland, California with an additional office in Prague, Czech Republic.

Shopsys

Seed Round in 2018
Shopsys s.r.o. provides online shop development services in the Czech Republic and Slovakia. The company designs and develops e-commerce infrastructure and platform for businesses, such as B2C and B2B. The company also offers trainings and workshops, analysis, and consultation services. Shopsys s.r.o. was founded in 2003 and is based in Ostrava, Czech Republic.

Productboard

Series A in 2018
ProductBoard, Inc. develops and operates Software-as-a-Service platform for product management. Its software platform enables product teams to understand what users need, prioritize what to build, share roadmaps, monitor progress towards launch, earn colleagues trust, and engage customer community. ProductBoard, Inc. was founded in 2014 and is based in Oakland, California with an additional office in Prague, Czech Republic.

Samepage Labs

Seed Round in 2018
Samepage Labs Inc. develops and operates team collaboration and messaging software. It enables teams to manage projects online in real-time with simultaneous editing, version control, task management, group video calling, and file sharing. The company was founded in 2015 and is based in Campbell, California with an additional office in Pilsen, Czech Republic. As of November 16, 2020, Samepage Labs Inc. operates as a subsidiary of Paylocity Holding Corporation.

Apify

Seed Round in 2018
Apify Technologies s.r.o., founded in 2015 and based in Prague, Czech Republic, specializes in developing web crawlers and automation tools for businesses. Its platform allows users to efficiently extract structured data from various websites, enabling them to automate workflows that would otherwise be time-consuming and labor-intensive. For instance, users can gather product details such as sizes, colors, and prices from e-commerce sites and compile them into organized spreadsheets. Apify also offers features that facilitate regular updates, such as automatically uploading data to customer relationship management systems or notifying users about price changes. This flexibility and efficiency make Apify a valuable resource for developers and businesses looking to streamline their data collection and automation processes.

Divr Labs

Seed Round in 2018
DIVR Labs is an independent VR gaming studio based in the heart of Europe. The team DIVR Labs strives to create immersive and exhilarating experiences that challenges and excites its audiences, whilst pushing the VR industry forward.

Pricefx

Series A in 2018
Pricefx AG is a software company that specializes in providing SaaS-based price management and configure-price-quote (CPQ) solutions. Founded in 2011 and headquartered in Pfaffenhofen an der Ilm, Germany, it has expanded its operations to locations including Chicago, Brisbane, Prague, and Ostrava. The company's comprehensive platform includes modules for price analysis, price optimization, quoting, rebate management, promotion management, and list price management. Key offerings such as PriceAnalyzer help identify pricing opportunities, while PriceOptimizer utilizes data science techniques to deliver optimized pricing. PriceBuilder facilitates the establishment of pricing policies and calculations, and PromotionManager enables the management of complex promotional conditions. Additional tools like QuoteConfigurator and RebateManager support sales teams in generating quotes and managing rebate processes. Pricefx's solutions are designed for seamless integration with various CRM, ERP, and POS systems, allowing businesses to adapt their pricing strategies effectively to meet market demands.

TopMonks

Seed Round in 2017
TopMonks s.r.o. engages in software development specializing in mobile, big data, blockchain, web applications, and startups. It also organizes business conferences. The company was founded in 2011 and is based in Prague, Czech Republic. TopMonks s.r.o. operates as a subsidiary of TopMonks AG.

Spaceti

Pre Seed Round in 2017
Spaceti S.R.O. specializes in software and hardware solutions for indoor building management, focusing on enhancing space efficiency and occupant well-being. Founded in 2016 and based in Prague, Czech Republic, the company offers an application that facilitates space management, smart parking, indoor navigation, and community engagement. Its solutions enable building owners to implement modern access systems and improve tenant care. Facility managers benefit from tools that allow real-time notifications about events and maintenance issues, as well as the ability to conduct surveys. Spaceti's analytical platforms provide insights into occupancy rates, environmental conditions, and parking space utilization, helping organizations optimize heating, ventilation, and lighting while predicting space requirements. Additionally, the company develops Smart Stone devices to collect valuable data for building management. Overall, Spaceti aims to improve productivity and comfort in workspaces while promoting financial and environmental sustainability.

Spaceknow

Series A in 2017
SpaceKnow, Inc. is a geospatial analysis company that utilizes artificial intelligence to provide insights from satellite imagery. Its platform enables the analysis of geospatial data to identify trends, patterns, and anomalies in images of the Earth's surface. SpaceKnow offers a range of services, including APIs for data extraction, object detection, and automatic change detection. Among its notable products are the China Satellite Manufacturing Index, which assesses manufacturing activity in China, and various night light indices that serve as economic indicators for Africa and Nigeria. The company's satellite image analysis supports a variety of applications, including monitoring vehicles, construction changes, and land categorization. SpaceKnow caters to diverse industries such as finance, defense, insurance, construction, and agriculture. Founded in 2013, the company is headquartered in San Francisco, California, with additional offices in New York and Prague.

Shopsys

Seed Round in 2017
Shopsys s.r.o. provides online shop development services in the Czech Republic and Slovakia. The company designs and develops e-commerce infrastructure and platform for businesses, such as B2C and B2B. The company also offers trainings and workshops, analysis, and consultation services. Shopsys s.r.o. was founded in 2003 and is based in Ostrava, Czech Republic.

Apify

Seed Round in 2016
Apify Technologies s.r.o., founded in 2015 and based in Prague, Czech Republic, specializes in developing web crawlers and automation tools for businesses. Its platform allows users to efficiently extract structured data from various websites, enabling them to automate workflows that would otherwise be time-consuming and labor-intensive. For instance, users can gather product details such as sizes, colors, and prices from e-commerce sites and compile them into organized spreadsheets. Apify also offers features that facilitate regular updates, such as automatically uploading data to customer relationship management systems or notifying users about price changes. This flexibility and efficiency make Apify a valuable resource for developers and businesses looking to streamline their data collection and automation processes.

GlamST

Series A in 2016
GlamST is an AR Beauty Tech company that develops customized solutions for retailers and brands. Our Technology allows users to try on makeup virtually in mobile, web and in-store. We developed more than 100 custom filters to represent each makeup representing true colors, textures and finishes. GlamST has offices in San Francisco and Uruguay - led by Agustina Sartori, Telematics engineer, Founder & CEO, GlamST has a strong Tech team in Uruguay and Business operations in SF. GlamST received funding from investors in United States such as 500 Startups, GrowthX and Hunt Technology Ventures.

Productboard

Seed Round in 2016
ProductBoard, Inc. develops and operates Software-as-a-Service platform for product management. Its software platform enables product teams to understand what users need, prioritize what to build, share roadmaps, monitor progress towards launch, earn colleagues trust, and engage customer community. ProductBoard, Inc. was founded in 2014 and is based in Oakland, California with an additional office in Prague, Czech Republic.

Rekola Bikesharing

Series A in 2016
Rekola Bikesharing is a technology-driven micromobility service that offers station-less bike rental solutions across 11 cities in Europe since its inception in 2013. Originally a small start-up utilizing recycled bikes, Rekola has evolved into a significant player in the industry, boasting over 250,000 registered users in two European countries. The company emphasizes sustainability by minimizing CO2 emissions and ensuring that all bikes are designed and manufactured within the European Union. Rekola actively collaborates with local communities and city authorities to enhance urban infrastructure, providing a range of micromobility options, including e-bikes and scooters, to meet diverse transportation needs. By maintaining a station-less model, users are encouraged to lock bikes properly, preventing obstruction in public spaces. The app has received high ratings, reflecting user satisfaction and efficiency in service delivery.

Smartlook

Seed Round in 2016
Smartlook is a behavior analytics company that records users on websites and in mobile apps. Smartlook is a qualitative analytics solution for websites and mobile apps helping over 200,000 businesses of all sizes and industries answer the "whys" behind their users' actions. Eliminate the guesswork and discover real, actionable reasons. With a unique feature set, Smartlook finally gives you a way to understand user behavior at the micro level. Always-on visitor recordings show you what every last visitor does on your website or app, while automatic event tracking lets you know how (and how often) your visitors do specific things. You can then build conversion funnels to see your conversion rates as well as uncover why people are churning. Heatmaps for websites give you mass data about where most people click, scroll, hover, and otherwise interact with your pages. Smartlook started in 2016 with web analytics and branched into mobile app analytics in 2018. Ranked within the Top 100 Software Products in the 2019 G2 Crowd Awards, Smartlook services customers like O2, Miele, Hyundai, and Kiwi.com. It can also record games developed in the Unity engine.

Apiary

Venture Round in 2016
Apiary.io is a hosted suite of tools that help companies build web APIs quickly, test & monitor them easily and document them effortlessly. It provides API owners with necessary infrastructure and helps them build relationship with their users. Core of the self-service solution is API Blueprint, an efficient format for describing an API, aspiring to define new gold standard for REST API development. The product uses this Blueprint to streamline adoption of new services and simplify integration to other systems.

Smartsupp

Seed Round in 2016
Smartsupp combines live chat, email sending and Facebook Messenger integration to bring all customer communication in one place. Smartsupp helps webshops and small companies to increase sales and automate customer care with chat bots.

MALL.cz

Venture Round in 2016
MALL.cz is an online retailer in the Czech Republic. The site also operates in Germany, Poland, Hungary and Slovakia. The company runs more than 45 e-shops in the region with 1,200 product categories.

Avocode

Seed Round in 2016
Avocode, Inc. is a software company founded in 2013 and based in New York, New York. It specializes in file-sharing solutions that enhance collaboration between designers and developers. Avocode's primary products allow users to export and share various design elements from popular software such as Photoshop, Sketch, Figma, and Adobe XD. Its tools enable automatic generation of specifications, facilitate design reviews, and support direct editing of copy within design files. Additionally, Avocode provides an enterprise solution that synchronizes design and development workflows in a single platform, along with a Cloud API for accessing and extracting data from design files. The software serves to streamline the workflow in web and mobile projects, making it easier for teams to work together effectively.

Wild Zora Foods

Seed Round in 2016
Wild Zora Foods provide all-natural and completely healthy meat and vegetable snacks. Wild Zora Foods manufactures dehydrated-meat snack bars, similar to a jerky — but more of a complete meal as they contain VEGGIES and really TASTE GREAT. Its bars are gluten-free, soy-free, nut-free, (some are also dairy-free), and are all-natural and completely healthy; the company uses 100% natural meats raised without antibiotics or added hormones and there are NO ADDED SUGARS or CHEMICALS. Its products are LOW GLYCEMIC INDEX and so are PALEO-friendly and PRIMAL-friendly, and are even KID-FRIENDLY.

ALICE Technologies

Seed Round in 2015
ALICE empowers construction engineering and management professionals with modern AI and Optimization techniques. Its software automatically produces detailed schedules and resource allocations, which accurately estimate the cost and time frame for a project. Users understand the construction process through an interactive visualization, and can quickly tweak or modify a schedule to reflect the shifting realities of the construction cycle. It is born out of research at Stanford by a collaborative effort between experienced construction managers, software engineers, and computational methods specialists. ALICE enhances construction planning and scheduling abilities to help keep crews flowing on any size project. It works directly with 3D BIM and using a simple rule-based system, it explores millions of different schedule sequences and gives teams the power to answer “What If?” scenarios and completely reschedule in just minutes. It was founded in 2013 and is headquartered in Menlo Park, California.

Productboard

Convertible Note in 2015
ProductBoard, Inc. develops and operates Software-as-a-Service platform for product management. Its software platform enables product teams to understand what users need, prioritize what to build, share roadmaps, monitor progress towards launch, earn colleagues trust, and engage customer community. ProductBoard, Inc. was founded in 2014 and is based in Oakland, California with an additional office in Prague, Czech Republic.

Netbrokers Holding

Venture Round in 2015
Netbrokers Holding is technology experts creating projects that provide value to users.

Brand Embassy

Seed Round in 2014
Brand Embassy Inc. designs and develops social customer service solutions for customers and agents in the telecommunications industry. The company offers a software solution that delivers real-time customer service on social media. Its cloud-based Software-as-a-Service brings digital customer service channels, such as Facebook, Twitter, Instagram, email, live chat, and discussion forums into an interface; and uses post influence and topic parameters to intelligently route requests to relevant customer service agents. The company was founded in 2015 and is based in San Francisco, California with additional offices in Prague, Czech Republic; and London, United Kingdom.

Angelcam

Seed Round in 2013
From the Cloud, Angelcam helps people protect what matters most. NOW At the moment, Angelcam enables 100.000+ users from 200+ countries to access their security cameras online, view live streams and recordings and share them with people they trust, and easily find what happened in past. At the moment, with a smart cloud security solution, Angelcam enables our users to get remote access and easily find what happened on all your cameras. - Manage all your security cameras from one account, no matter the manufacturer. - Access your security cameras and share them with people you trust. - Get quick access to your cloud recordings and quickly find what happened. - Talk to support that understands security and speaks your language. - From your computer or mobile app. - Join more than 100.000 users in 200+ countries who already use Angelcam. COMING SOON: Real-time security in your pocket We already enable our users to easily connect any security camera and sensor (IFTTT ready or enabling email forwarding) into one platform. We're working hard on developing a mobile app that will enable our users to get rid of false alarms, let their trusted contacts verify the alarms for them and take action right from the app. FUTURE Our vision is to make this world a safer place. Once our new mobile app is up and running, we intend to work on enabling people to create a wide network of trusted contacts that will enable communities to better protect their beloved and neighbourhood.

Tradiční dům

Series A in 2012
Tradiční dům

WPC Woodplastic

Series A in 2012
WPC – WOODPLASTIC a.s. is a leading Czech manufacturer of unique products made of WPC material, licensed under Strandex Corporation. With several years of work in the field of imported WPC products from foreign countries they can declare themselfs as pioneers in the introduction of Czech customers in WPC-terraces and fences. They produce and sell full premium planks of the WPC-Material ( WOOD-PLASTIC COMPOSITE, containing 60 % wood and 40 % quality HDPE) in many designs, sizes and colors. Their products are exceptional by their durability, high quality, perfect design and almost no need of maintenance.

Spaceknow

Seed Round in 2012
SpaceKnow, Inc. is a geospatial analysis company that utilizes artificial intelligence to provide insights from satellite imagery. Its platform enables the analysis of geospatial data to identify trends, patterns, and anomalies in images of the Earth's surface. SpaceKnow offers a range of services, including APIs for data extraction, object detection, and automatic change detection. Among its notable products are the China Satellite Manufacturing Index, which assesses manufacturing activity in China, and various night light indices that serve as economic indicators for Africa and Nigeria. The company's satellite image analysis supports a variety of applications, including monitoring vehicles, construction changes, and land categorization. SpaceKnow caters to diverse industries such as finance, defense, insurance, construction, and agriculture. Founded in 2013, the company is headquartered in San Francisco, California, with additional offices in New York and Prague.