Sonae IM

Sonae IM is the corporate venturing arm of Sonae (retail and telco group), which is focused on investing in tech-based companies. The company invests in a broad range of companies related to Sonae's core, joining funding with a strategic profile. With a flexible investment style and approach, Sonae IM leverages on its technology expertise, brand capital, and access to a global network. The company supports companies to achieve success with an internal pool of experts, which supports portfolio management. Sonae has been developing different corporate venturing initiatives for long, namely revenue assurance leader WeDo (2001) and Mainroad spin-off (2003) and subsequent successful exit (2014). Moreover, after deciding that Cyber security was an interesting area, it invested in Spanish cyber security company s21sec (2014). Another critical space for retailers, location analytics, led to the investment in Movvo (2014). Since the official launch of Sonae IM in late 2015, the company invested in InovRetail (demand forecasting for retailers), StyleSage (fashion tech predictive analytics) and Sysvalue (cyber security add on for s21sec). Additionally, Sonae IM got involved in the acquisition of Novo Banco's stakes in 3 funds managed by ES Ventures and launched Bright Pixel (company builder studio). Sonae IM was officially founded in 2015, but corporate venturing initiatives within Sonae are in Sonae's DNA for longer and led to what Sonae IM is today. The company is based in Porto, Portugal.

Miguel Bagulho

Director

Francisco Aivado Nunes

Associate and Portfolio Development Professional

EP

Eduardo Piedade

MD and CEO

Manuel Queiroz

Director

Alberto Silva, Carlos

MD

45 past transactions

Citcon

Series C in 2021
Founded in 2015, CITCON is a leading payment technology company, building a payment infrastructure that enables global merchants to accept payments from billions of fast-growing mobile wallet consumers through web, mobile and in-store channels around the world. Mobile payment provides a more user-friendly, secure, and safer contactless shopping and payment experience for both consumers and merchants compared to other payment options. CITCON’s secure, scalable and open system allows businesses to quickly and easily accept domestic and international mobile wallets by using a single API suite and an integrated processing and fund settlement platform. Millions of mobile wallet consumers are now able to shop and pay at tens of thousands of merchants, online, mobile and in-store. Headquartered in Silicon Valley, California, CITCON has five regional offices in the U.S., Canada, Europe and Asia. For more information, please visit www.citcon.com

Secucloud GmbH

Series B in 2017
Secucloud is active worldwide as a provider of high-availability cyber-security solutions, offering a cloud-based security-as-a-service platform particularly for for telecommunications providers and ISPs. The Elastic Cloud Security System (ECS2) allows a wide range of markets and target groups (mobile communications & landline consumers, small businesses & home offices, SMEs) to enjoy the benefits of enterprise-level security solutions. This innovative platform does not require any special hardware or proprietary appliances, scales automatically, and is capable of supporting more than 100 million users and their connected devices.

Nextail

Series A in 2018
Nextail is a new-generation platform for fashion merchandising. Leveraging advanced analytics and AI, Nextail empowers brands and retailers to sell more with less stock through hyper-local demand forecasting and agile process automation. Founded in October, 2014 by fashion retail experts, the team is currently formed by more than 90 retail, technology and operations professionals and has offices in Spain, Italy, Russia, the UK and the USA. Customers include major global fashion brands and retailers such as River Island, Versace, and Pepe Jeans.

S21sec

Private Equity Round in 2014
S21sec is a cybersecurity company. S21sec offers various security-related services (e.g. protection of critical infrastructures and personal data protection) and software (e.g. information security management systems) S21sec is focused on providing security for governs, energy and critical infrastructures, finance institutions and telco industries. S21sec has a CERT section, a 24-hour security intelligence center, and a CyberCrime one, where it collaborates with governs and governmental institutions like Europool[1] and the FBI.[2] More than 20% of the Dow Jones Eurostoxx 50 companies are clients of S21sec.

Jscrambler

Series A in 2018
JavaScript and HTML5 protection solution focused on web and mobile applications
Saphety Level - Trusted Services, S.A. develops and offers electronic documents exchange, invoicing, and data synchronization solutions. The company provides electronic bill presentment and procurement, billing analytics and reporting, contracting, automated negotiation, and catalogue management solutions. Additionally, it offers implement and customer support services. The company’s clientele include Coca Cola, Samsung, Prio, Eurest, NOS, and Oi. It has strategic partnerships with ARTSOFT, Multicert, Sonae, Contisystems, DigitalSign, and Brandbank. Saphety Level - Trusted Services, S.A. was formerly known as XCom SA and changed its name to Saphety Level - Trusted Services, S.A. in 2007. The company was founded in 2000 and is based in Lisbon, Portugal.

WeDo Technologies

Funding Round in 2001
WeDo Technologies is a worldwide leader in revenue and business assurance, providing software and expert consultancy, to intelligently analyse large quantities of data from across an organisation helping to negate or minimise operational or business inefficiencies and allowing businesses to achieve significant return on investment via revenue protection and cost savings. WeDo Technologies works with some of the world’s leading blue chip companies from the retail, energy and finance industries, as well as 180 telecommunications operators from almost 90 countries, through more than 500 highly-skilled professionals.

MyDidimo

Seed Round in 2020
Didimo focuses on humanizing technology and reducing digital isolation. They automate 3D character creation - a once expensive and time-consuming task - in 30 sec or less. Their product - a Didimo - a lifelike 3D characters that look, act and speak like a person will connect every one of us more closely to the digital world, driving a new paradigm for communication, through the image they know the most - their own face.

Ometria

Series C in 2021
Ometria’s mission is to build the brain that powers all communication between retailers and their customers. We help them leverage data to build detailed customer profiles, and make sure that all messages they send are always relevant, leading to higher engagement and increased revenues. Ometria was founded by four serial entrepreneurs, with combined experience in ecommerce, computer science, mathematics and SaaS, has been invested in by London’s most prominent entrepreneurs and investors, and is used by top retailers in the UK, Europe and across the world.

ciValue

Series A in 2018
CiValue provides a marketing collaboration solution for retailers and their suppliers. Its platform enables retailers to provide their suppliers with aggregated market insights and identify customer segments with significant growth potential; and analyzes purchase history owned by the retailer, and translates it into brand-oriented shopper profiling. The company also provides predefined analytical dashboards and ad-hoc query tools that enable brands to identify early shopping trends and calibrate collaborative activities; and a guided targeting tool that supports the brand manager in identifying target groups with revenue growth potential by automatically creating the loyalty map for each product. CiValue is based in Caesarea, Israel.

ViSenze

Series C in 2019
ViSenze Pte. Ltd., an artificial intelligence company, develops visual technology software for e-commerce and digital businesses. The company offers ViSearch, a cloud-based visual tool that identifies various images ranging from simple images to user-uploaded images, and performs targeted search of related images or products. It also provides software development kits (SDKs) and dashboard user interface for grouping and sorting the search results. It offers its solutions on Web, mobile, and social media platforms. The company was incorporated in 2012 and is based in Singapore with additional offices in San Francisco, London, New Delhi, Beijing, and Singapore.

Hackuity

Series A in 2022
Hackuity’s platform aggregates and normalizes all your security assessment practices, whether automated or handmade, and enrich them with AI-driven predictive models so security practitioners can, at last, create risk-driven remediation plans and align their priorities with their current and future exposure to threats.

Sellforte

Seed Round in 2021
Sellforte is a private company. Sellforte is based in Finland.

Sixgill Ltd

Series B in 2022
Sixgill Ltd provides Web cyber security services. The company offers software as a service (SaaS) based delivery platform for secure cloud infrastructure. It provides solutions, such as Web threat intelligence ON PREMISE platform. The company also offers a platform with analyst support. Sixgill Ltd was founded in 2014 and is based in Tel Aviv-Yafo, Israel.

Weaveworks

Venture Round in 2020
Weaveworks simplifies operating Kubernetes workloads and provides a developer-centric operating model for cloud-native applications. Founded in 2014, Weaveworks makes it fast and simple for developers and DevOps teams to build and operate powerful containerized applications. They minimize the complexity of operating workloads in Kubernetes by providing automated continuous delivery pipelines, observability, and monitoring. It is one of the first members of the Cloud Native Computing Forum. Weaveworks also contributes to several open-source projects, including Weave Scope, Weave Cortex, and Weave Flux.

Connectiv Solutions, Inc.

Private Equity Round in 2012
Connectiv Solutions, Inc. offers telecommunication network usage expenses management solutions. It offers netCLARUS, a software solution that provides access to users’ data and enables users to analyze various records to identify, monitor, and reduce variable network operating expenses.

Portainer.io Limited

Series A in 2022
Portainer offers a GUI management toolset designed to build, manage, and maintain container based evironments with Swarm, Kubernetes, ACI and more. It was developed to help customers adopt container technology and accelerate time-to-value. Portainer is easy to use, expert software that offers an intuitive interface for both software developers and IT operations. It gives a detailed overview of the environment and allows users to manage their containers, images, networks, and volumes.

SafeBreach

Series D in 2021
SafeBreach is a pioneer in the emerging category of breach and attack simulation. The company's groundbreaking platform provides a “hacker's view” of an enterprise’s security posture to proactively predict attacks, validate security controls and improve SOC analyst response. SafeBreach automatically executes breach methods with an extensive and growing Hacker’s Playbook of research and real-world investigative data. SafeBreach is funded by Sequoia Capital, Deutsche Telekom Capital, Hewlett Packard Pathfinder and investor Shlomo Kramer.

Jscrambler

Series A in 2021
JavaScript and HTML5 protection solution focused on web and mobile applications

Sales Layer

Series B in 2022
Sales Layer is an intelligent catalog management platform that synchronizes product information across mobile, web, and social media platforms. It provides analytics to help clients discover which products are performing better in each channel. Sales Layer helps companies improve their process of managing and updating their catalogues by centralizing the data management on the cloud in a collaborative way; synchronizing and distributing the information one every platform; and monitoring and analyzing the data usage of the end user to improve product development processes. Sales Layer was launched in May 2013 and is based in Valencia, Spain.

Portainer.io Limited

Series A in 2021
Portainer offers a GUI management toolset designed to build, manage, and maintain container based evironments with Swarm, Kubernetes, ACI and more. It was developed to help customers adopt container technology and accelerate time-to-value. Portainer is easy to use, expert software that offers an intuitive interface for both software developers and IT operations. It gives a detailed overview of the environment and allows users to manage their containers, images, networks, and volumes.

Arctic Wolf Networks

Series B in 2018
Arctic Wolf offers a security operations center as a concierge service that helps companies end cyber risk. Arctic Wolf solutions include Managed Detection and Response (MDR), Managed Risk, and Managed Cloud Monitoring, each delivered through the industry’s original concierge security team. Its concierge security engineers act as an extension of a company's internal team, providing tailored threat detection and response, as well as ongoing risk management to keep your valuable business data safe. The company was founded in 2012 and headquartered in Eden Prairie, Minnesota

Ometria

Series B in 2019
Ometria’s mission is to build the brain that powers all communication between retailers and their customers. We help them leverage data to build detailed customer profiles, and make sure that all messages they send are always relevant, leading to higher engagement and increased revenues. Ometria was founded by four serial entrepreneurs, with combined experience in ecommerce, computer science, mathematics and SaaS, has been invested in by London’s most prominent entrepreneurs and investors, and is used by top retailers in the UK, Europe and across the world.

Sensei Tech

Seed Round in 2018
Sensei offers a scalable, seamless store-wide solution that empowers the stores of the future to be check-out and cash free. Through an integrated system of cameras and AI algorithms, Sensei enables a new era of Phygital stores able to capture in-store product data and shoppers’ activities, to offer a wealth of analytics and smooth, frictionless shopping experience.

Continuum Security SL

Venture Round in 2017
Continuum Security, SL designs and develops tool to manage and test the security of software. It develops IriusRisk, an integrated console to manage application security risk throughout the software development process and BDD-Security, a security testing framework. The company caters to enterprises in the financial and technology verticals. The company was incorporated in 2008 and is based in Huesca, Spain.

Continuum Security SL

Series A in 2020
Continuum Security, SL designs and develops tool to manage and test the security of software. It develops IriusRisk, an integrated console to manage application security risk throughout the software development process and BDD-Security, a security testing framework. The company caters to enterprises in the financial and technology verticals. The company was incorporated in 2008 and is based in Huesca, Spain.

Sixgill Ltd

Series B in 2020
Sixgill Ltd provides Web cyber security services. The company offers software as a service (SaaS) based delivery platform for secure cloud infrastructure. It provides solutions, such as Web threat intelligence ON PREMISE platform. The company also offers a platform with analyst support. Sixgill Ltd was founded in 2014 and is based in Tel Aviv-Yafo, Israel.

SysValue

Private Equity Round in 2016
Sysvalue is specialized in consulting, integration and security services. Focused on interactive business and Internet services, SysValue helps companies get more value from their systems and communications assets, while making them more secure.

Arctic Wolf Networks

Series C in 2018
Arctic Wolf offers a security operations center as a concierge service that helps companies end cyber risk. Arctic Wolf solutions include Managed Detection and Response (MDR), Managed Risk, and Managed Cloud Monitoring, each delivered through the industry’s original concierge security team. Its concierge security engineers act as an extension of a company's internal team, providing tailored threat detection and response, as well as ongoing risk management to keep your valuable business data safe. The company was founded in 2012 and headquartered in Eden Prairie, Minnesota
Daisy Intelligence Corporation develops artificial intelligence (AI) based software solution for retail and insurance industries. It analyzes transaction and operational data to make automated operational decision recommendations, which retailers can capitalize on to improve their business. The company offers theory of retail and risk, promotional product and price mix optimization, demand forecasting, and fraud detection and AI powered underwriting. Daisy Intelligence Corporation was founded in 2003 and is based in Vaughan, Canada.

Deepfence Inc

Series A in 2020
Deepfence was founded in 2017 with a mission to bring fundamental advances to the field of cloud native application security. At Deepfence, we are not trying to shoehorn conventional security for modern paradigms, they are building it ground up. Our ‘Security as Microservice’ solution radically changes the way containers and cloud workloads are protected, and is native to the modern application and infrastructure paradigms.

StyleSage

Seed Round in 2016
StyleSage, Inc. operates an online platform that monitors and analyzes pricing and social signals to provide competitive intelligence to fashion retailers and brands. Its platform allows users to see how their brand is positioned amongst their competition; hear what tastemakers and shoppers are saying about their brand; know the fashion trends, such as most popular styles, colors, and items; price and discount items optimally to get the best profit margins; feature the right product mix that shoppers love; and monitor what their competition is up to, such as pricing and when inventory goes on sale. The company was founded in 2013 and is based in New York, New York.

CB4

Series B in 2019
CB4 provides a patented software solution for brick and mortar retail companies that increases same store growth by up to 3% using simple sales data. The software uncovers hidden purchasing patterns that detect unfulfilled consumer demand at the SKU and store level. These patterns are translated into actionable recommendations that are sent to the operations team to correct operational inefficiencies in order to capture the lost sales opportunities. Gonen Singer and Irad Ben-Gal founded it in 2010, with its headquarters in New York City.

Movvo, Inc.

Series A in 2016
Movvo, Inc. develops indoor-tracking and real-time analytic platform that helps businesses to understand shopper behavior in physical spaces. The company offers its products to shopping malls, stores, department stores, thematic parks, airports, hospitals, conventions centers, smart cities, and other entertainment venues. The company was founded in 2009 and is based in Oporto, Portugal. It has offices in London, United Kingdom; and Hong Kong and Shanghai, China.

Nextel S.A.

Private Equity Round in 2018
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Cellwize Wireless Technologies Pte Ltd.

Private Equity Round in 2019
Cellwize Wireless Technologies Pte Ltd. develops and delivers self-organizing network (SON) solutions across vendors and wireless technologies. The company offers Cellwize elastic-SON platform that is deployed and managed on private clouds, and transforms spotty and volatile networks that struggle to meet demand into user-centric and over-performing mobile networks across multiple vendors and wireless technologies; and Cellwize Centralized SON, a SON solution on NFV directly communicating with the cloud with multiple element management systems for SON activities. It serves mobile network operators across Europe, APAC, and LATAM. The company was founded in 2012 and is headquartered in Singapore with an additional location in the United Kingdom.

Sales Layer

Series A in 2020
Sales Layer is an intelligent catalog management platform that synchronizes product information across mobile, web, and social media platforms. It provides analytics to help clients discover which products are performing better in each channel. Sales Layer helps companies improve their process of managing and updating their catalogues by centralizing the data management on the cloud in a collaborative way; synchronizing and distributing the information one every platform; and monitoring and analyzing the data usage of the end user to improve product development processes. Sales Layer was launched in May 2013 and is based in Valencia, Spain.

CASE on IT

Series B in 2018
Case On It, S.L. develops MEDUX, a cloud based analytics portal for measuring and improving digital customer experience of telecom service providers. The application uses drive testing, crowdsourced omnichannel data, and residential monitoring agents for improving quality of service, and business and technical key performance indicators (KPIs). It offers services such as benchmarking for comparing service provider performance; continuous monitoring for assurance, pre-optimization testing, and audits; simulated customer profiles; and opinion scores for assessing quality of service. The company serves government institutions, network operators, and digital service providers, The company was incorporated in 2014 and is based in Madrid, Spain.

Reblaze

Series A in 2018
Reblaze Technologies Ltd. provides web security technologies. It offers web application firewall, DDoS protection, bot mitigation, content delivery network and caching, and traffic management solutions. The company is based in St. Louis, Missouri with additional offices in Sunnyvale, California; and Manchester, United Kingdom.

S21sec

Acquisition in 2014
S21sec is a cybersecurity company. S21sec offers various security-related services (e.g. protection of critical infrastructures and personal data protection) and software (e.g. information security management systems) S21sec is focused on providing security for governs, energy and critical infrastructures, finance institutions and telco industries. S21sec has a CERT section, a 24-hour security intelligence center, and a CyberCrime one, where it collaborates with governs and governmental institutions like Europool[1] and the FBI.[2] More than 20% of the Dow Jones Eurostoxx 50 companies are clients of S21sec.
Cellwize Wireless Technologies Pte Ltd. develops and delivers self-organizing network (SON) solutions across vendors and wireless technologies. The company offers Cellwize elastic-SON platform that is deployed and managed on private clouds, and transforms spotty and volatile networks that struggle to meet demand into user-centric and over-performing mobile networks across multiple vendors and wireless technologies; and Cellwize Centralized SON, a SON solution on NFV directly communicating with the cloud with multiple element management systems for SON activities. It serves mobile network operators across Europe, APAC, and LATAM. The company was founded in 2012 and is headquartered in Singapore with an additional location in the United Kingdom.

Excellium Services S.A

Funding Round in 2018
Excellium Services offers best in class security operations, incident response and penetration testing. By combining Software as a Service model and by using Cloud Capability we help companies to react in case of intrusion. Excellium Services is able to offer the best of scanning technologies and ethical hacking methods with knowledge and expertise. The Excellium Team will provide services for measuring their exposure on an ongoing basis, helping them to verify that their assets are not exposed to vulnerabilities. Our goal is to make the Interne infrastructure of a company more secure!

InovRetail, Lda

Venture Round in 2016
InovRetail, Lda develops advanced analytics tools that assist retailers in improving their performance by making informed decisions. The company offers SEEPLUS, an advanced customer retail experience management platform that helps retailers to design and manage optimized atmospherics strategies for their retail stores; SEEMOBILE, an extension of SEEPLUS platform for mobile platforms, such as smartphones and tablets; and Customer Experience Lab framework that help retailers attain customer experience innovation sustainability. It also provides SEE-EXPLORER, an analytical platform built within the Office Excel productivity ecosystem that allows to model and explore various business data; and SEEWALL, a fitting room management system designed to help customers and retailers alike. The company was founded in 2011 and is headquartered in Porto, Portugal.