TheVentureCity’s mission is to support the best early-stage software businesses with capital and operational expertise. We do so by investing in fast-growing Seed & Series A software companies with the potential to generate $100M annual revenues in 7-8 years. We look for companies that are capital efficient and follow a product-led growth methodology . We target emerging tech hubs in the United States and Europe that have highly productive and specialized talent but do not have enough venture capital investment.
We are a group of international executives with experience in growing technology companies globally. We leverage our operational expertise and investment experience to help the best founders scale their businesses to extraordinary heights.
Our venture capital fund is part of a greater firm: TheVentureCity, which employs a team of operational experts (Engineers, Product Managers, Data Scientists, and Growth. See “2.0 Management Team”). This type of talent not only attracts the best entrepreneurs but also increases the probability of success for our portfolio companies. This lowers the risk of our investments and increases our ability to deliver greater returns.
Furthermore, TheVentureCity has invested in several startups such as: Nalej, Boatsetter, Returnly, Fastmind, Jobartis, Cabify, Finconecta, Fluvip, Hogaru, Enjoy HQ, Optimus Ride, Pixlee, SpotaHome, Glamping Hub, Playground, RecargaPay, Rocket, Levee, Bewe y, como acabas de publicar (gracias), SimpliRoute. At the same time, this vehicle has raised -until now-, Fund I of 50 millions of euro.
Wegow is the first social marketplace for live music, where users, artists, promoters and brands are immersed in the territory of concerts and festivals in a totally new way.
In the last quarter of 2019 Wegow reached the break even in operations and estimates that it will close 2020 with positive EBITDA thanks to the growth of its different business lines and the internationalization of the business.
The company had a turnover of €24.9 million in 2019, which is 131% more than the previous year (€10.8 million). The platform was born to revolutionize the way people enjoy live music and has quickly become the benchmark app for concert and festival lovers.
Samaipata is a pan-European founders fund specialized in digital platforms and market places in seed stages, investing in Southern Europe(Spain, Italy and Portugal), France, UK and Germany from its offices in Madrid, Paris and London. It was created in 2016 by José del Barrio, founder and ex-CEO of La Nevera Roja and Eduardo Díez-Hochleitner, executive and investor with more than 30 years of experience and president of MásMóvil.
The fund’s DNA is made up of high specialization, in terms of business model, geographical focus and growth phase. Therefore, Samaipata only invests in digitalplatformsand marketplaces. After raising a first fund of €30M in 2016, Samaipata has closed17 investments in 4 European countries and has made its first exit, following the acquisition of FoodChéri by the Sodexo group. Its second fund, already operating,has a target size of€100M, with an average entry ticket of €1-1.2M and follow-on capacity up to a maximum of €10M invested in the same company.
Samaipata’s vision is for Europe to become the global techleader by supporting company founders to build techprojects that make the world a better placeto live in. It offers founders comprehensive support thanks to its hands-on philosophy and specialized know-how.
- Specializationin terms of business model(digital platforms & marketplaces), stage (pre-seed and seed phases)and geography.
- Support in fundraising. Samaipata has helped its portfolio to raise more than 250 million Euro fromglobal tier 1 VCfunds: Kleiner Perkins, Index, Atomico, Northzone, Idinvest Partners, Cathay Capital, etc.
- Support in attracting talent: Samaipata works with a wide network of specialized headhunters and freelancersin order to find the best profiles for its portfolio
- Community: Samaipata is a platform per se connecting portfolio companies between them as well as with its LPs and network of stakeholders in the European tech ecosystem.
- Continuous advice and supportfrom a wide network of external advisorsin differentbusiness areas: scaling tech teams, B2B sales, product development, data, etc.