e.ventures Secures $400 Million Across Two Oversubscribed Early-Stage Funds

By Dan Anderson • Jul 9, 2019
  • e.ventures recently announced it secured $400 million in new capital
  • This capital is based on oversubscribed early-stage funds: a $225 million US-focused fund based out of San Francisco and a $175 million Europe-focused fund based out of Berlin

e.ventures recently announced $400 million in new capital across two oversubscribed early-stage funds: a $225 million US-focused fund based out of San Francisco and a $175 million Europe-focused fund based out of Berlin. And the sixth generation of e.ventures early-stage funds will invest $1.5 million to $10 million into technology startups ranging from Pre-A with traction to Series A and early Series B.

And e.ventures is going to use the capital to continue to partner with entrepreneurs building rapidly scaling, category-creating consumer, SaaS, and fintech companies with global aspirations.

Launched in 1999, e.ventures has set up a unique “man+machine” approach for investing in and arming founders with applicable knowledge and actionable data-driven insights. This is essential as the venture landscape is changing rapidly.

“As a 20-year-old firm, we are well-versed in investing through cycles,” said Mathias Schilling — e.ventures co-founder and US Managing Partner. “A core tenet of our philosophy is high-leverage, cross-functional collaboration across a larger platform. Having a global network of partners, the growth team, and technologists sitting within our investment team provides a sum of the parts that is greater as a whole, and gives our early-stage practice the nimbleness and flexibility of a small team with the reach and efficacy of a much larger firm.”

e.ventures has $1.6 billion under management and the venture firm’s investments range from seed to growth. e.ventures has invested in more than 200 startups globally. And some of their notable investments include FarFetch, The RealReal, GoPuff, Segment, Shipt, NGINX, Deposit Solutions, AngiesList, Appfolio, Groupon, and Sonos.

“With the recent success of European IPOs such as FarFetch and Spotify, Europe-based companies with global reach have never been better positioned,” added Christian Leybold — e.ventures co-founder and EU Managing Partner. “We look forward to doubling down on investing in early-stage founders in Europe and the US with the new capital raised from top-tier global LPs.”

e.ventures takes a three-pronged approach to invest including a global strategy, proprietary technology platform, and entry point. In terms of global strategy, e.ventures the core early-stage funds in the US and Europe, and global partners in Brazil and Asia allow e.ventures portfolio companies to rapidly scale with local expertise in-country and access to its network worldwide. The proprietary EVA technology platform built over ten years in development and provides exponential scale, unique insights, and efficiency to e.ventures’ investment team and competitive landscaping to portfolio companies. And inflection point investing in core areas of focus helps early-stage companies scale while leveraging the team’s expertise.

Photo: Mathias Schilling / Credit: e.ventures