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InReach Ventures

Europe, England, United Kingdom, London

Description

InReach Ventures is a London-based venture capital firm distinguished by its innovative, AI-powered approach to identifying and investing in early-stage European software companies. Established with a clear focus on Seed and Series A rounds, the firm leverages sophisticated algorithms to source and evaluate potential investments, aiming to enhance the efficiency and reach of its deal flow. This technological edge allows InReach Ventures to uncover promising startups across the diverse European tech landscape, often before they come to the attention of traditional VC firms, providing a competitive advantage in deal sourcing.

The firm has successfully raised two significant funds, demonstrating its growth and commitment to the European startup ecosystem. Its debut fund, closed in 2016, secured $55 million, enabling InReach to commence its unique investment strategy. Building on this initial success, InReach Ventures announced the close of its second fund in 2021, raising an impressive $100 million. This brings their total capital raised to $155 million, reflecting strong investor confidence in their data-driven methodology and investment thesis, and allowing them to scale their operations and investment capacity.

InReach Ventures primarily targets European software companies, with a particular emphasis on those operating at the Seed and Series A stages. Their investment strategy is characterized by an initial check size that typically ranges from €1 million to €5 million. This translates to approximately $1.08 million to $5.4 million, based on recent exchange rates. The firm seeks to partner with ambitious founders who are building scalable software solutions, providing not just capital but also strategic support and access to their extensive network. Their AI platform aids in identifying companies that align with their investment criteria, ensuring a systematic and broad reach across the continent while maintaining a high degree of selectivity.

Investor Profile

InReach Ventures has backed more than 41 startups, with 2 new investments in the last 12 months alone. The firm has led 24 rounds, about 59% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United Kingdom, United States, Germany.
  • Strong thematic focus on Software, Apps, Mobile Apps.
  • Led 2 rounds in the past year.
  • Typical check size: $1.1M – $5.4M.

Stage Focus

  • Seed (63%)
  • Series A (17%)
  • Pre Seed (10%)
  • Convertible Note (2%)
  • Series B (2%)
  • Angel (2%)
  • Series Unknown (2%)

Country Focus

  • United Kingdom (34%)
  • United States (12%)
  • Germany (12%)
  • Hungary (12%)
  • Lithuania (7%)
  • France (7%)
  • Denmark (5%)
  • Sweden (5%)
  • Italy (5%)

Industry Focus

  • Software
  • Apps
  • Mobile Apps
  • Information Technology
  • Artificial Intelligence (Ai)
  • E-commerce
  • Saas
  • Machine Learning
  • Payments
  • Financial Services
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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 InReach Ventures frequently co-invest with?

Co-Investments: 2
II
Europe, Lombardia, Italy, Milano
Co-Investments: 2
FJ Labs
North America, New York, United States, New York
Co-Investments: 2
Lifeline Ventures
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 3
Creandum
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 3
U-Start
Europe, Lombardia, Italy, Milan
Co-Investments: 2
Index Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Haatch
Europe, Lincolnshire, United Kingdom, Stamford
Co-Investments: 2
Concept Ventures
Europe, England, United Kingdom, London
Co-Investments: 2
Connect Ventures
Europe, England, United Kingdom, London
Co-Investments: 3

Which angels does InReach Ventures often collaborate with?

PB
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1
SC
Europe, England, United Kingdom, London
Shared Deals: 1
EV
North America, California, United States, San Francisco
Shared Deals: 2
BL
North America, California, United States, San Francisco
Shared Deals: 1
CH
North America, New York, United States
Shared Deals: 1
CW
North America, California, United States, San Francisco
Shared Deals: 1
NE
North America, California, United States, San Francisco
Shared Deals: 1
MG
Europe, England, United Kingdom, London
Shared Deals: 1
JS
North America, California, United States, San Francisco
Shared Deals: 1
NS
Europe, Harrow, United Kingdom, Harrow
Shared Deals: 1

What are some of recent deals done by InReach Ventures?

NetBird

Berlin, Berlin, Germany

NetBird is a cybersecurity company that is building an open-source platform to simplify the deployment of Virtual Private Networks.

Cyber SecurityIaaSInformation ServicesInformation Technology
SeedDec 3, 2024
Amount Raised: $4,203,800
Streamkap

San Francisco, California, United States

Streamkap is a streaming ETL engine that simplifies data streaming to any destination.

AnalyticsData IntegrationSaaS
SeedJul 31, 2024
Amount Raised: $3,300,000
Agenta

Berlin, Berlin, Germany

Agenta is the open-source LLMOps platform that allows developers build production ready LLM-powered applications.

AppsArtificial Intelligence (AI)Information TechnologyMachine LearningOpen SourceSoftware
SeedJun 1, 2024
Amount Raised: $1,085,650
Exactly.ai

London, England, United Kingdom

Exactly.ai is an artwork creation platform. It allows users to create their personal AI models trained on their work and publish them.

Artificial Intelligence (AI)Graphic DesignMachine LearningProduct DesignSaaSSoftwareWeb Design
SeedMay 30, 2024
Amount Raised: $4,332,563
Ballpark

London, England, United Kingdom

Ballpark is a software that captures feedback on questions, marketing copy, designs and Figma prototypes using tasks and video.

Product ResearchSaaSSoftware
SeedSep 5, 2023
Glassfy

Turin, Piemonte, Italy

The Glassfy App Revenue Management Platform helps engineering and growth teams build predictable revenue streams from their apps.

AndroidAppsiOSMobile AppsMobile PaymentsSoftware
SeedMar 7, 2023
Amount Raised: $3,164,637
Amalia.io

Lille, Nord-Pas-de-Calais, France

Sales commission software that accelerates your business while uniting your team.

FinanceSalesSoftware
SeedJan 19, 2023
Amount Raised: $4,333,399
Dreamdata

Copenhagen, Hovedstaden, Denmark

Dreamdata is a B2B revenue automation platform. We help you repeat success and stop wasting money.

AnalyticsB2BCloud Data ServicesData IntegrationData VisualizationMachine LearningPredictive Analytics
Series ADec 6, 2022
Amount Raised: $7,327,158
Landmark Games

London, England, United Kingdom

Landmarka mobile game development studio founded on the principles and value

Gaming
SeedNov 14, 2022
Amount Raised: $4,612,965
Craft

Budapest, Budapest, Hungary

Craft offers a document creation platform that allows users to easily create and share documents.

Document ManagementDocument PreparationMobile AppsProductivity ToolsSoftware
Series BSep 5, 2022
Amount Raised: $12,200,000