
InReach Ventures
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
Frequently Asked Questions
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