Chudzinski and Janz have long been keen to follow in the footsteps of Benchmark, the US fund which has an equal partnership and has backed the likes of Airtable, Snap, Tinder, Twitter and Uber, says Coppey. We’re based in Berlin, but we invest all over the world. Point Nine’s seed to Series A conversion rate (the percentage of its portfolio which goes on to raise a Series A within 36 months), is “one of the best in Europe”, says Sequerra Amram. “We tend to speak out loud, and share a lot of learnings from working with companies, through blogging and tweeting,” says Coppey. 99s. “It’s very easy to say that SaaS is boring and AI is the new cool, and blockchain is the new cool, but if you look at penetration of software — and for cloud specifically — the market is set to grow, … We’re still in the early days of SaaS.”, are good European examples of this trend, along with fleet management platform Automile and banking platform. Whilst most of the banks (and other... Robin Dechant. You'll also be able to choose your preferred newsletter and report subscriptions. ... capital markets transactions, and mergers and acquisitions. But the team didn’t want to — and doesn’t need more capital. By commenting, you agree to abide by our community guidelines and these terms and conditions. “Ask questions. “We don’t think we need to take ourselves too seriously to do this job very seriously.”, “We don’t think we need to take ourselves too seriously to do this job very seriously.”. Get the full list », You’re viewing 5 of 322 co-investors. B2b Founded. Craig Millar is a senior business executive with over 30 years line and staff experience in Financial Services. Point Nine Capital - Chausseestr. Founders are less likely to be ‘orphaned’ if the partner who invested in them moves on — and the whole fund is therefore likely to perform better. How we invest. Plus, he adds: “It’s better to be the best rather than the biggest.”. Point Nine is one of the most active investors in B2B marketplaces like restaurant app Rekki and logistics booking engine Cargo One, and thinks the sector has heaps of room to grow. It runs a lot of online and (pre-Covid) offline events for the portfolio, to get them sharing insights with one another. http://bit.ly/COSYTd Videos of Capital On Stage, the global conference that gets growth-stage tech startups funded. It also, apparently, has had no challenges fundraising. Leadership Team. “It’s very easy to say that SaaS is boring and AI is the new cool, and blockchain is the new cool, but if you look at penetration of software — and for cloud specifically — the market is set to grow 50% by 2025… We’re still in the early days of SaaS.”. The eccentric fund size and move to give equal ownership in the fund to two younger investors is pretty characteristic of Point Nine. “We can’t disclose much about levels of commitment, but we have strong skin in the game,” says Sequerra Amram. Hi there, welcome to Point Nine. Team Size 2 . Other startups are taking on those big players in horizontal software. “There are a lot of tools going after the Adobe suite,” says Coppey; Canva, and Shapr3D are all good examples. Point 9 is an early stage VC firm based in Berlin. Founded in 2011, Point Nine Capital is a venture capital firm based in Berlin, Germany. The firm seeks investments in early-stage companies operating in the B2B marketplaces and B2B SaaS sectors. :-)" “Yeah it’s shit, but it’s cool,” says Coppey. Prior investor Seedcamp also contributed to the round. The reasoning is that partners aren’t solely interested in helping out the companies which they sourced or sit on the board of (in many firms, the investors who led a deal get a bigger slice of that startup’s profit pie). Recent topics: ‘Why founders should hire a product manager after raising a seed round’; ‘Seven hacks for building and scaling B2B marketplaces’; ‘Building a sales engine: nailing growth at Series A’. “We’ve seen some interesting. “Having a fund below €100m is important to us,” says Coppey; huge seed funds just don’t make sense. The equal partnership is an unusual model (Kindred is one notable other European VC firm which has adopted it). 99s. Quick intro to P9. Prior to founding Extant Group Inc., a consulting company, he was Group Vice President, Personal Financial Services for Canada’s second largest trust company, National Trust. In practice, that means building as much expertise as possible in the areas Point Nine focuses on — B2B software and B2B marketplaces. She covers VC, mobility and diversity in tech, and tweets from @amyrlewin. Microsoft better also watch out: Grid, Airtable, DashDash are all after Excel’s customers, while Pitch is coming for Powerpoint. “When you work with one of us, you work with all of us.”. Kirstin McTaggart. Suggest edits Type. On top of that, there’s a crew of venture partners including, Kolja Hebenstreit, cofounder of Delivery Hero and Renaud Visage, cofounder and CTO of Eventbrite on. Team Europe Ventures, the investment arm of German incubator Team Europe, is being rebranded as Point Nine Capital (PNC). Point Nine Capital. Early stage VC. It’s now at around 55% and rising. “But not equal.”. It means that all of the partners receive an equal amount of ‘carry’ — the profit made on investments — and is a generous move from the firm’s founders. See the full leadership team at Craft. While based in Berlin, Point Nine invests in startups all over the world. Additionally, serial … John Wilson. Medical booking platforms DocPlanner and Doctolib are good European examples of this trend, along with fleet management platform Automile and banking platform Mambu. Co-CEO, Managing Partner, Senior Portfolio Manager. The ideal candidate would tick some different boxes from the current partners, who are German, French, Polish, Portuguese, from startup, banking and investing backgrounds — and all male. Nine Point Eight Capital is actively seeking to acquire a privately held business from an owner or manager-owner. Get the full list », You’re viewing 5 of 23 team members. Point Nine Capital Berlin based early stage venture capital firm focused entirely on the Internet and Digital Media. In the future, Point Nine hopes to bring onboard a fifth partner too. They join Point Nine’s founders, Pawel Chudzinski and Christoph Janz, as equal partners, despite having a decade less experience. Team Assistant Point Nine Capital. “Another space is the verticalisation of APIs,” adds Sequerra Amram, where new technology players open up data currently trapped in inflexible (and expensive) legacy software. © 2021 Sifted EU Ltd. All Rights Reserved. By entering your email you agree to Sifted’s Terms of Use. By Amy Lewin 22 September 2020. Get the full list ». Our incentives are aligned,” adds Sequerra Amram. But taking VC “seriously” also means admitting when something is outside your expertise. Eric Nuttall. Being a “serious” VC, as far as the Point Nine team sees it, involves being nice, working hard and continuously learning. “We are mega, mega humbled to be equal partners with two of the best VCs in Europe,” says Coppey. Office Administrator, PA & Accounting Lapithus Management LLP. “There’s a big opportunity for founders with unique insights to create software that is specific for that industry; it’s a great way to go against the giant behemoths of horizontal software, like Salesforce.”. UK startup Juro, which is applying a “design centric approach” and machine learning tech to help businesses speed up the authoring and management of sales contracts, has closed $2m in seed funding led by Point Nine Capital.. Suggest Edit. Point Nine Data Trust recently became a dedicated regulatory reporting firm, a separate entity from Point Nine Limited to focus on providing trade/transaction reporting services to legal entities across the globe. Nine Point’s most valuable resource is our team. Point Nine Capital is a Berlin-based venture capital firm focused on early-stage investments related to SaaS and digital marketplaces. The fund and its managers, Pawel Chudzinski and Christoph Janz have backed a number of highly successful Internet companies such as Delivery Hero, Clio, Its portfolio so far counts 140 companies, including French search platform Algolia, Polish homework app. Founded in 2011, Point Nine Capital is a venture capital investment firm based in Berlin, Germany. NinePoint Capital is an international private equity fund company principally focused on assisting the management of the emerging growth of outbound capital investment from Asia. It takes some commitment from the partners who join, though — both in terms of their career (it’s a long-term game) and financially (as general partners in VC firms usually stump up at least 1% of the fund). It helps too that software is still eating the world. The most common co-investors for the fund are Mariusz Gralewski, Alven Capital… Post acquisition, we will build on the legacy and culture you’ve developed. The firm prefers to invest in technology, internet, software-as-a-service (SaaS), marketplaces, lead generation, ecommerce, mobile companies. Please keep comments respectful. About Our Team. Point Nine Capital Point Nine is an early-stage venture capital firm primarily focused on SaaS and online marketplaces. Notable investments include Delivery Hero, Zendesk and Revolut. You, the owner, are hoping to sell most or all of your business in order to pursue your next set of goals. GDPR will stale traditional (and digital?) “We love the number nine,” says Ricardo Sequerra Amram, partner at Point Nine. Along with Point Nine Capital, start-ups are often financed by Mariusz Gralewski, 500 Startups, The SaaSgarage as well as 84 other investors. You’re viewing 10 of 236 investments. This, the firm’s fifth fund, will see the team continuing to back mostly business-to-business (B2B) marketplaces and B2B software-as-a-service (SaaS) startups. The equal partnership is an unusual model (. Always be curious. “They’re such big fans of the Benchmark model; it reduces the amount of politics, and aligns levels of incentive.”. Prior to Third Eye Capital, Dev was a Managing Partner at Royal Bank Capital Partners’ where he focused on private equity investments in telecom. The fund typically invests in rounds with 4-5 participants. Want the best of Sifted in your inbox? That experience is shared with the portfolio — and anyone else who’s paying attention to their Twitter or Medium profiles. banks for a while. Mai 2019 – Heute 7 Monate. Amy Lewin is Sifted’s deputy editor. Point Nine Capital is a Berlin-based venture capital firm focused exclusively on early-stage Internet investments in areas like Software-as-a-Service (SaaS), online marketplaces, and mobile. With such demonstrable expertise, Point Nine could’ve raised an even bigger fund. Point Nine Capital is a venture capital firm specializing in seed, late-seed/startup, early and mid venture investments. “It could be 10 times bigger than business-to-consumer marketplaces,” says Coppey. News and stories from the P9 team & portfolio companies. Sequerra Amram is also paying close attention to vertical SaaS — software designed for particular industries. The firm has a net promoter score of 80-90, says Coppey, based on anonymous founder surveys. We’re an early-stage venture capital firm primarily focused on SaaS and online marketplaces. “The market is getting bigger, plus if you come along with easier to use software, you might also expand the number of users.”. View company info, jobs, team members, culture, funding and more. Feb. 2017 – Heute 2 Jahre 10 Monate. Point Nine is an industry-leading team of experts specializing in trade processing and reporting. Berlin-based VC firm Point Nine, backer of European giants like Delivery Hero, Revolut and Typeform, has raised a new fund — of €99,999,999.99. Point Nine Capital. How we work with founders. Now there are others in travel — like Duffel and Impala, he says — respectively trying to take airline and hotel bookings away from legacy players. This, the firm’s fifth fund, will see the team continuing to back mostly business-to-business (B2B) marketplaces and B2B software-as-a-service (SaaS) startups. It runs a lot of online and (pre-Covid) offline events for the portfolio, to get them sharing insights with one another. Point Nine Capital. | We're an early-stage venture capital fund focused on backing seed-stage B2B SaaS and B2B marketplace entrepreneurs anywhere in the world. , content management platform Contentful and video tool Loom. “The market is getting bigger, plus if you come along with easier to use software, you might also expand the number of users.”, “Another space is the verticalisation of APIs,” adds Sequerra Amram, where new technology players open up data currently trapped in inflexible (and expensive) legacy software. Andrew Ng, one of the thought leaders in … Deals in the last 12 … © 2021 PitchBook Data. Financing and growing the new industry and enterprise. Since opening our doors in 2015, we've grown alongside incredible founders, partners and investors. “The culture of Point Nine is such that… we’re not afraid to say to the entrepreneur, I don’t know — and find someone else to help them solve their challenges,” says Coppey. Get the full list », Mason (Software Development Applications), You’re viewing 10 of 60 exits. Get unlimited access to all of Sifted’s free coverage and analysis. “There are a lot of tools going after the Adobe suite,” says Coppey; Canva, Figma, PlayPlay, Gravity Sketch and Shapr3D are all good examples. Partner, CAO/CCO. We identify private middle market companies seeking financing and investment opportunities in the U.S. capital market and guides those management through the process. “We’re trying to increase the level of diversity, so having a female partner would be important, and also someone primarily focused on B2B, who can extend our understanding of B2B,” says Coppey. It’s now at around 55% and rising. Point Nine Capital 2018 Team Predictions Aleksandra Zorylo. is one notable other European VC firm which has adopted it). Specializes in SaaS and Marketplace, investing internationally. Early-stage venture capital firm primarily focused on SaaS and online marketplaces. Investment Team. (the percentage of its portfolio which goes on to raise a Series A within 36 months), is “one of the best in Europe”, says Sequerra Amram. Description. Its portfolio so far counts 140 companies, including French search platform Algolia, Polish homework app Brainly, blockchain analysis company Chainalysis, content management platform Contentful and video tool Loom. PitchBook’s data visualizations quickly surface an investor’s historical investments—showing a breakdown of activity by industry, year and region. Other startups are taking on those big players in horizontal software. On top of that, there’s a crew of venture partners including Kolja Hebenstreit, cofounder of Delivery Hero and Renaud Visage, cofounder and CTO of Eventbrite on hand to offer support. We are a hand-picked team of talented, hard-working experts in their respective fields, focused on delivering best-in-class operational performance. Point Nine Capital 716. Every minute every day we’re doing everything we can to live up to our promise – to be: THE ANGEL VC. Other executives include Louis Coppey, Principal. Venture capital. Our newsletter brings you the latest, greatest stories on startup Europe. Since October 2015 we have processed and reported more than 4.5 billion transactions across all asset classes and have served over 100 legal entities to date Never be too assertive,” says Coppey. On that front, it helps that Point Nine now has a pretty giant network of B2B SaaS and B2B marketplace operators in its portfolio alone. Point Nine uses their in-house proprietary technology, to provide an in-class solution to all customers and regulatory reporting requirements. “We love the number nine,” says Ricardo Sequerra Amram, partner at Point Nine. Raising the latest fund was “a very short process,” says Coppey, refusing to say just how short. Manufacturing is the new breeding ground for AI companies. Principal, Third Eye Capital - Sub-Advisor Dev is responsible for deal origination, due diligence, structuring and closing, investment monitoring and servicing, workouts, harvests, and exits. James Fox. 19, 10115 Berlin, Germany - Rated 4.6 based on 1 Review "very nice! Point Nine Capital: the Angel VC. “And never think that you’re done,” adds Sequerra Amram. 99s. PitchBook is a financial technology company that provides data on the capital markets. “But what matters the most is sharing our common values.”. Employees I work here Location Berlin , Germany Headquarters Explore … All rights reserved. Craig S. Millar. It means that all of the partners receive an equal amount of ‘carry’ — the profit made on investments — and is a generous move from the firm’s founders. “We’ve seen some interesting APIs in the banking space, like TrueLayer and Railsbank.”. By entering your email you agree to Sifted’s, VC firm Point Nine raises a new fund of €99,999,999.99, Europe is making faster cars and better batteries than Tesla, Online grocer Kolonial raises €223m from SoftBank and Prosus to take on Europe — and rebrands as Oda, How the no code movement is changing companies, Exclusive: Barclays pulls plug on flagship payments app Pingit. We’re a seed-stage venture capital firm focused on B2B SaaS and B2B marketplaces. “It enables us to tell entrepreneurs that we work as a total team — when you work with one of us, you work with all of us. Berlin-based VC firm Point Nine, backer of European giants like Delivery Hero, Revolut and Typeform, has raised a new fund — of €99,999,999.99. Co-CEO, Managing Partner. Point Nine Capital's General Counsel is Tilman Langer. , he says — respectively trying to take airline and hotel bookings away from legacy players. But it now has two new partners; Sequerra Amram and his long-time colleague (and former flatmate) Louis Coppey have been promoted. Berlin Area, Germany.
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