# Enterprise Software investors in Germany (2026 list)

> 76 enterprise Software investors in Germany, 97% active in the last 12 months. Led by Y Combinator, Sequoia Capital, Andreessen Horowitz.

Source: https://millionrounds.com/lists/enterprise-software-investors-in-germany (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Enterprise Software investors in Germany

Updated 7 November 2026

Firms observed backing an enterprise Software company in Germany in the last two years, wherever the firm is based.

[See all 76 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fenterprise-software-investors-in-germany)The top 25

**76** investors on the list *+9* this week

**2,864** cheques in 12 months *-3%* against the market

**$15M** median round they joined *+81%* against the market median

**97%** wrote a cheque in 12 months

**63%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) *Deploying now* VC firm · United States **2,099** **$35M** median round **Nov 2026** last seen
- 3 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen
- 4 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 5 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 6 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 2026** last seen
- 7 [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) *Deploying now* Private equity · United States **758** **$73M** median round **Oct 2026** last seen
- 8 [Redpoint](https://millionrounds.com/fund/redpoint) *Deploying now* VC firm · United States **742** **$32M** median round **Nov 2026** last seen
- 9 [Felicis](https://millionrounds.com/fund/felicis-ventures) *Deploying now* VC firm · United States **640** **$20M** median round **Nov 2026** last seen
- 10 [CRV](https://millionrounds.com/fund/crv) *Deploying now* VC firm · United States **588** **$20M** median round **Oct 2026** last seen
- 11 [Seedcamp](https://millionrounds.com/fund/seedcamp) *Deploying now* VC firm · United Kingdom **519** **$5M** median round **Nov 2026** last seen
- 12 [Partech Ventures](https://millionrounds.com/fund/partech) *Deploying now* VC firm · France **444** **$15M** median round **Oct 2026** last seen
- 13 [Speedinvest](https://millionrounds.com/fund/speedinvest) *Deploying now* VC firm · Austria **345** **$6.7M** median round **Nov 2026** last seen
- 14 [Earlybird Venture Capital](https://millionrounds.com/fund/earlybird) *Deploying now* VC firm · Germany **244** **$13M** median round **Oct 2026** last seen
- 15 [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) *Deploying now* VC firm · Germany **179** **$13M** median round **Oct 2026** last seen
- 16 [Meritech Capital Partners](https://millionrounds.com/fund/meritech-capital-partners) *Deploying now* VC firm · United States **174** **$92M** median round **Oct 2026** last seen
- 17 [HV Capital](https://millionrounds.com/fund/hv-capital) *Deploying now* VC firm · Germany **166** **$20M** median round **Oct 2026** last seen
- 18 [Charlie Songhurst](https://millionrounds.com/fund/charlie-songhurst) *Deploying now* VC firm · United States **155** **$3.8M** median round **Oct 2026** last seen
- 19 [EQT Ventures](https://millionrounds.com/fund/eqt-ventures) *Deploying now* VC firm · Sweden **152** **$20M** median round **Oct 2026** last seen
- 20 [Redalpine](https://millionrounds.com/fund/redalpine) *Deploying now* VC firm · Switzerland **106** **$13M** median round **Oct 2026** last seen
- 21 [Acton Capital](https://millionrounds.com/fund/acton-capital) *Deploying now* VC firm · Germany **101** **$14M** median round **Jul 2026** last seen
- 22 [nVentures](https://millionrounds.com/fund/nventures-2) *Deploying now* VC firm · Singapore **97** **$26M** median round **Jun 2026** last seen
- 23 [AVP](https://millionrounds.com/fund/avp-2) *Deploying now* Investment firm · United States **94** **$23M** median round **Oct 2026** last seen
- 24 [Mubadala](https://millionrounds.com/fund/mubadala) *Deploying now* Private equity · United Arab Emirates **91** **$80M** median round **Sept 2026** last seen
- 25 [Declaration Partners](https://millionrounds.com/fund/declaration-partners) *Deploying now* Family office · United States **90** **$25M** median round **Oct 2026** last seen

**51 more on this list**

All 76 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fenterprise-software-investors-in-germany)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Thinking Machines Lab](https://millionrounds.com/company/thinking-machines-lab)** Other · $5B *Led by* [Accel](https://millionrounds.com/fund/accel)
- **5** Nov **[Granit](https://millionrounds.com/company/granit)** Seed · $6M *Led by* [Seedcamp](https://millionrounds.com/fund/seedcamp)
- **5** Nov **[Kabilio](https://millionrounds.com/company/kabilio)** $11M *Led by* [Visionaries Club](https://millionrounds.com/fund/visionaries-club)
- **5** Nov **[Pliant](https://millionrounds.com/company/pliant)** Series C · $80M *Led by* [Speedinvest](https://millionrounds.com/fund/speedinvest)
- **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play)
- **4** Nov **[Nooks](https://millionrounds.com/company/nooks)** Growth · $500M *Led by* [General Catalyst](https://millionrounds.com/fund/general-catalyst)

## Stages This Year

2,371 rounds

- Venture **19%**
- Seed **17%**
- Series A **16%**
- Pre-seed **14%**
- Series B **8%**
- Other **25%**

## What They Backed

Sectors, last 12 months

- AI **1,281**
- Fintech **189**
- Big Data & Analytics **142**
- Healthcare **130**
- Financial Services **98**
- Biotech **89**

## Cheques by Quarter

Led Joined

736 Q1 25

755 Q2 25

868 Q3 25

879 Q4 25

874 Q1 26

811 Q2 26

601 Q3 26

201 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in United States 3,683](https://millionrounds.com/lists/ai-investors-in-united-states)
- [Fintech investors in United States 1,166](https://millionrounds.com/lists/fintech-investors-in-united-states)
- [AI investors in United Kingdom 1,039](https://millionrounds.com/lists/ai-investors-in-united-kingdom)
- [Big Data & Analytics investors in United States 1,039](https://millionrounds.com/lists/big-data-investors-in-united-states)
- [Biotech investors in United States 914](https://millionrounds.com/lists/biotech-investors-in-united-states)
- [Energy investors in United States 798](https://millionrounds.com/lists/energy-investors-in-united-states)
- [Robotics investors in United States 797](https://millionrounds.com/lists/robotics-investors-in-united-states)
- [Construction investors in United States 742](https://millionrounds.com/lists/construction-investors-in-united-states)
- [Cybersecurity investors in United States 702](https://millionrounds.com/lists/cybersecurity-investors-in-united-states)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in b2b software and saas

- Lean B2B: Build Products Businesses Want Étienne Garbugli · 2014 4.16 from 249 ratings on Goodreads B2B software and SaaS About the book www.leanb2bbook.com « This is a must read for every B2B entrepreneur, SaaS creator or consultant and business school student. It's the kind of book you don't read once, you go back to it on a regular basis. » - Carmen Gerea, CEO & Co-founder, UsabilityChefs Lean B2B helps… On AmazonListen on Audible
- The Pricing Roadmap: How to Design B2B SaaS Pricing Models That Your Customers Will Love Ulrik Lehrskov-Schmidt · 2023 4.43 from 207 ratings on Goodreads B2B software and SaaS About the book "The definitive resource on SaaS pricing, I absolutely can not recommend this book enough." Viktor Heide, COO of Contractbook.com, Forbes "30 under 30" A foolproof method to achieve skyrocketing sales, growth, and profits for your software as a service (SaaS) product starts… On AmazonListen on Audible
- Integrity: The Courage to Meet the Demands of Reality Henry Cloud · 2006 4.22 from 3,393 ratings on Goodreads B2B software and SaaS About the book Integrity. It is more than simple honesty. It's the key to success. A person with integrity has the -- often rare -- ability to pull everything together, to make it all happen no matter how challenging the circumstances. Drawing on experiences from his work with Fortune 500… On AmazonListen on Audible
- Blueprints for a SaaS Sales Organization by Jacco vanderKooij Jacco van der Kooij · 2015 4.33 from 324 ratings on Goodreads B2B software and SaaS About the book Because of their very nature, SaaS companies live and die on revenue growth. And once the service is ready there is a very small window in which to scale. Missing that window is the difference between massive success and mediocrity. With such high stakes, it is crucial to get a… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&model=b2b_software).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about enterprise Software investors in Germany

### Who are the most active enterprise Software investors in Germany?

By cheques observed, the most active are Y Combinator, Sequoia Capital, Andreessen Horowitz, Plug and Play and General Catalyst.

### How many enterprise Software investors in Germany are there?

76 are on record. 97% made an investment in the last 12 months and 63% have led a round.

### Which stages do enterprise Software investors in Germany back?

Of the rounds with a named stage in the last 12 months, mostly Seed (24%) and Series A (22%).

### How big are the rounds enterprise Software investors in Germany join?

The typical (median) round among the leading investors here is $20M.

### Which sectors do enterprise Software investors in Germany back most?

In the last 12 months, mostly AI, Fintech and Big Data & Analytics.

### Which enterprise Software investors in Germany lead the most rounds?

Andreessen Horowitz (114 led), Accel (103 led) and General Catalyst (97 led).

### Where are enterprise Software investors in Germany based?

Among the most active, most are based in the United States (14), Germany (4) and the United Kingdom (1).

### What have enterprise Software investors in Germany invested in recently?

Recent rounds include Thinking Machines Lab (Other, Nov 2026, with Accel), Granit (Seed, Nov 2026, with Seedcamp) and Kabilio (Nov 2026, with Visionaries Club).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)