# Tengelmann Ventures: portfolio, investments and team

> Tengelmann Ventures is a vc firm based in Germany. 42 investments on record, latest Aug 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/tengelmann-ventures (Millionrounds; every figure on the page links to its filing or article)

Germany · [Investor](https://millionrounds.com/investors)

# Tengelmann Ventures

Last cheque observed Aug 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm Now at cuspcapital.com

Seed Series A Series B Health Diagnostics Virtual Reality Venture Capital & Private Equity

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 42 on record

Since the last cheque **2642** days **00** hrs **00** min **00** sec

Median round **$10M** Rounds led **0 of 42** Sole investor **10 rounds** Exits **1 from the portfolio** Mostly in **Germany, 51%**

Pitch Tengelmann Ventures

## Tengelmann Ventures highlights

- 01 42 rounds on record
- 02 Mostly Series A and Venture: 60% of its rounds
- 03 Sole investor in 10 rounds, median $15M
- 04 1 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B
- **Sectors:** Health Diagnostics Virtual Reality Venture Capital & Private Equity
- **Based in:** Munich, Germany
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **42 appearances**

- **2019** 2 rounds
- **Aug** **[Scalable Capital](https://millionrounds.com/company/scalable-capital)** Series C · DE · EU-Startups **$28M** With 2 others
- **Apr** **[Quantitec](https://millionrounds.com/company/quantitec)** DE · Gruender **$4.4M** With 2 others
- **2018** 3 rounds
- **Aug** **[Blickfeld](https://millionrounds.com/company/blickfeld)** Seed · DE · FinSMEs **$10M** With 3 others
- **Jan** **[Carmudi](https://millionrounds.com/company/carmudi)** DE · TechCrunch **$10M** With 2 others
- **Jan** **[Chronext](https://millionrounds.com/company/chronext)** GB · FinSMEs **$34M** With 1 other
- **2017** 2 rounds
- **Dec** **[Idagio](https://millionrounds.com/company/idagio)** Series A · DE · FinSMEs **$9.4M** With 2 others
- **Jun** **[Scalable](https://millionrounds.com/company/scalable)** DE · FinSMEs **$34M** With 1 other
- **2015** 8 rounds
- **Nov** **[Compeon](https://millionrounds.com/company/compeon)** Series A · DE **$2.7M** With 3 others
- **Jun** **[CareerFoundry](https://millionrounds.com/company/careerfoundry)** Seed · DE **$1.0M** Sole investor
- **Apr** **[Global Fashion Group](https://millionrounds.com/company/global-fashion-group)** Venture · LU **$35M** With 1 other
- **Mar** **[NextCommerce](https://millionrounds.com/company/nextcommerce)** Venture · AU **Undisclosed** With 2 others
- **Feb** **[Shopwings](https://millionrounds.com/company/shopwings)** Series A · DE **$14M** With 1 other
- **Feb** **[Carmudi](https://millionrounds.com/company/carmudi)** Series B · PH **$25M** With 2 others
- **Feb** **[Lamudi](https://millionrounds.com/company/lamudi)** Venture · DE **$18M** With 2 others
- **Jan** **[Whistle Sports](https://millionrounds.com/company/whistle-sports)** Series B · US **$28M** With 1 other
- **2014** 9 rounds
- **Sept** **[TrustedCompany.com](https://millionrounds.com/company/trustedcompany-com)** Series A · MY **$1.0M** With 2 others
- **Aug** **[ClickBus](https://millionrounds.com/company/clickbus)** Venture · BR **$10M** With 4 others
- **Jul** **[Easy Taxi](https://millionrounds.com/company/easy-taxi)** Series D · BR **$40M** With 1 other
- **Apr** **[Carmudi](https://millionrounds.com/company/carmudi)** Series A · PH **$10M** Sole investor
- **Apr** **[Rocket Internet](https://millionrounds.com/company/rocket-internet)** Venture · DE **$7.0M** With 1 other
- **Apr** **[WestWing](https://millionrounds.com/company/westwing)** Growth · DE **$99M** With 2 others
- **Feb** **[PreisAnalytics](https://millionrounds.com/company/preisanalytics)** Seed · DE **Undisclosed** With 2 others
- **Feb** **[Rocket Internet](https://millionrounds.com/company/rocket-internet)** Venture · DE **Undisclosed** Sole investor
- **Jan** **[NextCommerce](https://millionrounds.com/company/nextcommerce)** Venture · AU **$3.0M** Sole investor
- **2013** 11 rounds
- **Nov** **[Linio](https://millionrounds.com/company/linio)** Growth · MX · techcrunch.com **$50M** With 5 others
- **Nov** **[WestWing](https://millionrounds.com/company/westwing)** DE **Undisclosed** Sole investor
- **Jul** **[Springlane GmbH](https://millionrounds.com/company/springlane-gmbh)** Series A · DE **Undisclosed** Sole investor
- **Jul** **[Delivery Hero](https://millionrounds.com/company/delivery-hero)** Series D · DE · techcrunch.com **$30M** With 8 others
- **Jun** **[Lazada Group](https://millionrounds.com/company/lazada-group)** Series D · MY · techcrunch.com **$100M** With 5 others
- **Jun** **[Lamoda](https://millionrounds.com/company/lamoda)** Growth · RU · techcrunch.com **$130M** With 2 others
- **Jun** **[Lamoda](https://millionrounds.com/company/lamoda)** Series C · RU **$130M** With 2 others
- **May** **[ZALORA Group](https://millionrounds.com/company/zalora-group)** Series C · MY · techcrunch.com **$100M** With 3 others
- **Mar** **[ZALORA](https://millionrounds.com/company/zalora)** Venture · MY · techcrunch.com **$26M** Sole investor
- **Feb** **[Linio](https://millionrounds.com/company/linio)** Growth · MX · thenextweb.com **$20M** Sole investor
- **Jan** **[Lazada Group](https://millionrounds.com/company/lazada-group)** Series C · MY · techcrunch.com **$20M** Sole investor
- **2012** 3 rounds
- **Nov** **[Trademob](https://millionrounds.com/company/trademob)** Series B · DE · techcrunch.com **$15M** With 2 others
- **Aug** **[SumUp](https://millionrounds.com/company/sumup)** Series A · IE · techcrunch.com **$20M** With 3 others
- **May** **[HitFox Group](https://millionrounds.com/company/hitfox-group)** Series A **$5.2M** With 3 others
- **2011** 3 rounds
- **Dec** **[Zitra.com](https://millionrounds.com/company/zitra-com)** Seed · DE **Undisclosed** With 1 other
- **Dec** **[Neonga](https://millionrounds.com/company/neonga)** DE · finsmes.com **Undisclosed** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **4** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What they claim to have backed

From their own portfolio page (on their website)

**4** of 10 we have independently watched raise

[Blickfeld](https://millionrounds.com/company/blickfeld)[Careerfoundry](https://millionrounds.com/company/careerfoundry)[Felmo](https://millionrounds.com/company/felmo)[Planted](https://millionrounds.com/company/planted) Arsipa Coffeecircle Hashtag-you Masterplan Rebike Wholeyorganics

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[Zitra.com](https://millionrounds.com/company/zitra-com)** Bought by Keenon **Undisclosed** Jun 2013

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series A Series B

Median round joined **$10M** the round, not its cheque Alone, median **$15M**

Led 0 of 42 rounds **0%**

- **Sole investor:** 10 rounds
- **Last cheque:** Aug 2019
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Series A said *10*
- Venture *8*
- Growth *4*
- Seed said *4*
- Series C *4*
- Series B said *-*

Cheques by year Led Joined

2010 2019

Often in the room with

- [HV Holtzbrinck Ventures](https://millionrounds.com/fund/hv-holtzbrinck-ventures) 7
- [Holtzbrinck Ventures](https://millionrounds.com/fund/holtzbrinck-ventures) 5
- [Summit Partners](https://millionrounds.com/fund/summit-partners) 5
- [Kinnevik](https://millionrounds.com/fund/kinnevik) 4
- [Rocket Internet](https://millionrounds.com/fund/rocket-internet-6) 4
- [Asia Pacific Internet Group](https://millionrounds.com/fund/asia-pacific-internet-group) 3

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## Who they invest alongside

The investors most often in the same rounds as Tengelmann Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**HV Holtzbrinck Ventures** Private equity **7** rounds together](https://millionrounds.com/fund/hv-holtzbrinck-ventures)[**Holtzbrinck Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/holtzbrinck-ventures)[**Summit Partners** Private equity **5** rounds together](https://millionrounds.com/fund/summit-partners)[**Kinnevik** VC firm **4** rounds together](https://millionrounds.com/fund/kinnevik)[**Rocket Internet** Investment firm **4** rounds together](https://millionrounds.com/fund/rocket-internet-6)[**Asia Pacific Internet Group** Investment firm **3** rounds together](https://millionrounds.com/fund/asia-pacific-internet-group)[**Access Industries** Corporate VC **2** rounds together](https://millionrounds.com/fund/access-industries)[**Hasso Plattner Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/hasso-plattner-ventures)[**High-Tech Gründerfonds** VC firm **2** rounds together](https://millionrounds.com/fund/high-tech-grunderfonds)[**Phenomen** VC firm **2** rounds together](https://millionrounds.com/fund/phenomen-vc)[**Team Europe** Investment firm **2** rounds together](https://millionrounds.com/fund/team-europe)[**Verlinvest** Family office **2** rounds together](https://millionrounds.com/fund/verlinvest)

## Recently backed

The latest companies Tengelmann Ventures put money into.

[**Scalable Capital** $28M · Aug 2019](https://millionrounds.com/company/scalable-capital)[**Blickfeld** $10M · Aug 2018](https://millionrounds.com/company/blickfeld)

## Quick answers about Tengelmann Ventures

### What does Tengelmann Ventures invest in?

Tengelmann Ventures invests most often at Series A and Venture (60% of the rounds on record), in sectors such as Health Diagnostics, Virtual Reality and Venture Capital & Private Equity.

### How active is Tengelmann Ventures?

42 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2019.

### What has Tengelmann Ventures invested in recently?

Its most recent investments on record: Scalable Capital (Series C, Aug 2019), Quantitec (Undisclosed round, Apr 2019) and Blickfeld (Seed, Aug 2018).

### How big are Tengelmann Ventures's cheques?

The median round it joins is $10M.

### Does Tengelmann Ventures lead rounds?

Rarely, if at all: none of its 42 investments on record names it as the lead.

### Where does Tengelmann Ventures invest?

Most of the companies it backs are in Germany (51%), Malaysia (13%) and Australia (5%).

### Is Tengelmann Ventures investing now?

No investments in the last 12 months; the latest was in Aug 2019.

### Who does Tengelmann Ventures invest alongside?

Most often HV Holtzbrinck Ventures (7 rounds together), Holtzbrinck Ventures (5 rounds together) and Summit Partners (5 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=tengelmann-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=tengelmann-ventures)