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HR Ventures

Europe, Hessen, Germany, Dreieich

Description

HR Ventures is the dedicated venture capital arm of the Hahnair Group, a prominent German airline. Based in Dreieich, Germany, the firm specializes in early-stage investments, exclusively targeting innovative startups within the dynamic European Travel Tech sector. Their strategic focus encompasses a broad range of solutions, including B2B platforms, Software-as-a-Service (SaaS) models, and disruptive marketplaces designed to reshape the global travel industry.

The firm typically provides initial capital ranging from EUR 250,000 to EUR 1.5 million in their first cheques, which translates to approximately USD 270,000 to USD 1.62 million based on recent exchange rates. Beyond financial backing, HR Ventures distinguishes itself through its hands-on approach. They actively support their portfolio companies by leveraging the Hahnair Group's extensive industry expertise, established network, and operational resources, aiming to accelerate growth and market penetration for their ventures.

Since its establishment in 2015, HR Ventures has cultivated a robust portfolio comprising over 20 companies across Europe. This includes successful investments in well-known travel tech innovators. Their track record also features notable exits, such as the acquisition of Travelcircus, underscoring their capability to identify and nurture high-potential startups. HR Ventures positions itself as a strategic partner, committed to fostering innovation and driving the evolution of the travel technology landscape.

Investor Profile

HR Ventures has backed more than 27 startups, with 0 new investments in the last 12 months alone. The firm has led 2 rounds, about 7% of its total and boasts 7 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in Germany, Spain, Switzerland.
  • Strong thematic focus on Software, Tourism, Travel.
  • Typical check size: $270K – $1.6M.

Stage Focus

  • Seed (44%)
  • Series A (37%)
  • Series Unknown (11%)
  • Series B (4%)
  • Convertible Note (4%)

Country Focus

  • Germany (78%)
  • Spain (11%)
  • Switzerland (7%)
  • United States (4%)

Industry Focus

  • Software
  • Tourism
  • Travel
  • E-commerce
  • Information Technology
  • Leisure
  • Mobile
  • Transportation
  • B2b
  • Internet
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does HR Ventures frequently co-invest with?

Wellington Partners
Europe, Bayern, Germany, Munich
Co-Investments: 2
NRW.BANK
Europe, Nordrhein-Westfalen, Germany, Düsseldorf
Co-Investments: 3
HOWZAT Partners
Europe, Luxembourg, Luxembourg, Luxembourg
Co-Investments: 4
HTGF | High-Tech Gruenderfonds
Europe, Nordrhein-Westfalen, Germany, Bonn
Co-Investments: 3
Capnamic Ventures
Europe, Nordrhein-Westfalen, Germany, Cologne
Co-Investments: 3
Creathor Ventures
Europe, Hessen, Germany, Bad Homburg
Co-Investments: 3
BF
Europe, Brandenburg, Germany, Potsdam
Co-Investments: 2
Verve Ventures
Europe, Zug, Switzerland, Zug
Co-Investments: 3
TA Capital
North America, Texas, United States, Houston
Co-Investments: 2
WestTech Ventures
Europe, Berlin, Germany, Berlin
Co-Investments: 3

Which angels does HR Ventures often collaborate with?

Richard Chen
Asia, Shanghai, China, Shanghai
Shared Deals: 1
TD
Europe, Switzerland
Shared Deals: 1
RW
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 1
RD
Europe, Berlin, Germany, Berlin
Shared Deals: 1
MV
Europe, Zurich, Switzerland, Zürich
Shared Deals: 1
GH
Europe, England, United Kingdom, London
Shared Deals: 1
CH
Europe, Bayern, Germany, Munich
Shared Deals: 1
BM
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1
ML
Europe, Hovedstaden, Denmark, Copenhagen
Shared Deals: 1
MM
Europe, Berlin, Germany, Berlin
Shared Deals: 1

What are some of recent deals done by HR Ventures?

Caravelo

Barcelona, Catalonia, Spain

Caravelo offers subscription, revenue optimization and customer service automation solutions.

Information TechnologySaaSTravel
Series AJul 22, 2021
Amount Raised: $2,354,501
Nezasa

Zürich, Zurich, Switzerland

Nezasa’s travel booking solution empowers travel brands globally to combine planning and booking into one seamless end-to-end experience.

B2BE-CommerceInformation TechnologySaaSTourismTravel
Series ADec 20, 2018
Amount Raised: $2,532,713
BYHOURS

Barcelona, Catalonia, Spain

BYHOURS is the first international platform that allows you to book stays of 3, 6 and 24 hours in more than 4000 hotels around the world.

AppsHospitalityLeisureMobileSoftwareTourismTravel
Series ADec 15, 2017
Amount Raised: $3,526,860
Nezasa

Zürich, Zurich, Switzerland

Nezasa’s travel booking solution empowers travel brands globally to combine planning and booking into one seamless end-to-end experience.

B2BE-CommerceInformation TechnologySaaSTourismTravel
Series ASep 27, 2017
Amount Raised: $2,057,751
Mapudo

Düsseldorf, Nordrhein-Westfalen, Germany

Mapudo is a supplier-independent marketplace for for metals.

B2BIndustrialMarketplace
Series UnknownDec 15, 2016
HAPPYCAR

Hamburg, Hamburg, Germany

HAPPYCAR is Europe’s largest rental car comparison and booking platform today. Its mission is to make renting vehicles entirely stress free.

AutomotiveLeisureTourismTransportation
Series AOct 6, 2016
Amount Raised: $2,896,291
BYHOURS

Barcelona, Catalonia, Spain

BYHOURS is the first international platform that allows you to book stays of 3, 6 and 24 hours in more than 4000 hotels around the world.

AppsHospitalityLeisureMobileSoftwareTourismTravel
Series UnknownSep 5, 2016
Amount Raised: $1,672,614
Distribusion Technologies

Berlin, Berlin, Germany

Distribusion is a global platform making ground transportation accessible, benefiting society and the environment.

Information TechnologyMobileSoftwareTourismTransportationTravel
Series AMar 17, 2016
Amount Raised: $6,789,366
HAPPYCAR

Hamburg, Hamburg, Germany

HAPPYCAR is Europe’s largest rental car comparison and booking platform today. Its mission is to make renting vehicles entirely stress free.

AutomotiveLeisureTourismTransportation
SeedOct 16, 2015
Amount Raised: $1,580,000
viasto

Berlin, Berlin, Germany

Viasto provides video interviewing software that helps recruiters & hiring managers to interview candidates in a competency-based process.

Human ResourcesRecruitingSoftware
SeedSep 25, 2015