
ING Ventures
Description
ING Ventures stands as the dedicated venture capital arm of ING, a prominent global financial institution headquartered in Amsterdam, The Netherlands. Established to foster innovation and strategic partnerships, ING Ventures primarily invests in early to growth-stage companies that align with ING's core business objectives and future strategic direction. Their investment thesis centers on identifying disruptive technologies and business models within the financial services ecosystem, including fintech, proptech, data analytics, artificial intelligence, and cybersecurity. The firm aims to not only provide capital but also to facilitate collaboration between portfolio companies and ING's extensive network and customer base, offering a unique value proposition beyond mere financial backing.
The investment strategy of ING Ventures is characterized by a focus on companies that can enhance ING's product offerings, operational efficiency, or customer experience. They seek out innovative solutions that address key challenges or opportunities within the banking and real estate sectors. This strategic alignment means that portfolio companies often gain access to ING's vast resources, expertise, and potential for commercial partnerships, accelerating their growth and market penetration. The team actively engages with startups, providing mentorship and leveraging ING's global footprint to support their development.
Typically, ING Ventures targets initial investments ranging from $1 million to $10 million, reflecting their commitment to supporting promising ventures from Seed to Series B stages, and occasionally later rounds for strategic plays. As of early 2023, the firm had built a robust portfolio comprising over 40 companies across various geographies, demonstrating its active role in the global innovation landscape. Their investments are designed to create symbiotic relationships, where ING benefits from cutting-edge innovation and the startups gain a powerful corporate partner. This approach underscores ING Ventures' role as a strategic investor rather than purely a financial one, aiming for long-term value creation for both ING and its portfolio companies.
Investor Profile
ING Ventures has backed more than 47 startups, with 0 new investments in the last 12 months alone. The firm has led 15 rounds, about 32% of its total and boasts 8 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Series A, Series B rounds (top funding stages).
- Majority of deals are located in United Kingdom, United States, The Netherlands.
- Strong thematic focus on FinTech, Financial Services, Finance.
- Typical check size: $1M – $10M.
Stage Focus
- Series Unknown (32%)
- Series A (23%)
- Series B (15%)
- Seed (11%)
- Series D (4%)
- Series C (4%)
- Debt Financing (4%)
- Convertible Note (4%)
- Series E (2%)
Country Focus
- United Kingdom (28%)
- United States (17%)
- The Netherlands (15%)
- Spain (9%)
- Germany (9%)
- Singapore (4%)
- Czech Republic (4%)
- Switzerland (4%)
- Sweden (2%)
- Ireland (2%)
Industry Focus
- Fintech
- Financial Services
- Finance
- Banking
- Artificial Intelligence (Ai)
- Software
- Machine Learning
- Small And Medium Businesses
- Big Data
- Saas
Frequently Asked Questions
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