
Keen Venture Partners
Description
Keen Venture Partners is a prominent European venture capital firm headquartered in Amsterdam, with an additional office in London, specializing in growth-stage investments. The firm describes itself as "radically human," emphasizing deep partnerships and support for the founders they back. They primarily focus on fast-growing European technology scale-ups, targeting companies at their Series A and B funding rounds. Their investment mandate spans across B2B software, deep tech, and other disruptive technologies that are poised for significant market impact.
The firm has successfully raised and deployed capital across two significant funds. Their inaugural fund, Keen Venture Partners Fund I, closed at €90 million in 2017. Building on this success, they subsequently closed Keen Venture Partners Fund II at €100 million in 2021, bringing their total assets under management to approximately €190 million. This substantial capital base allows them to provide robust financial backing to their portfolio companies as they scale across Europe and globally.
Keen Venture Partners typically provides initial cheque sizes ranging from €5 million to €15 million for their Series A and B investments. Beyond the initial capital injection, the firm reserves significant follow-on capital to support the continued growth and subsequent funding rounds of their portfolio companies. Their investment philosophy extends beyond mere capital provision, aiming to be active partners who leverage their extensive network and operational expertise to help founders navigate the challenges of rapid scaling and market expansion. They seek to invest in companies with strong product-market fit and clear paths to becoming market leaders within their respective sectors.
Investor Profile
Keen Venture Partners has backed more than 44 startups, with 4 new investments in the last 12 months alone. The firm has led 25 rounds, about 57% of its total and boasts 3 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series B rounds (top funding stages).
- Majority of deals are located in The Netherlands, Germany, United States.
- Strong thematic focus on Software, SaaS, Artificial Intelligence (AI).
- Led 2 rounds in the past year.
- Typical check size: $5.3M – $16.1M.
Stage Focus
- Series A (36%)
- Seed (18%)
- Series B (16%)
- Series C (14%)
- Series Unknown (7%)
- Pre Seed (7%)
- Convertible Note (2%)
Country Focus
- The Netherlands (30%)
- Germany (18%)
- United States (9%)
- Switzerland (9%)
- France (9%)
- United Kingdom (7%)
- Italy (7%)
- Hungary (5%)
- Belgium (2%)
- Iceland (2%)
Industry Focus
- Software
- Saas
- Artificial Intelligence (Ai)
- Machine Learning
- Enterprise Software
- Financial Services
- Mobile
- Analytics
- Marketplace
- Fintech
Frequently Asked Questions
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