METRO Xcel logo

METRO Xcel

Europe, Berlin, Germany, Berlin

Description

METRO Xcel serves as the dedicated startup engagement platform and innovation hub for METRO AG, the leading international wholesale company. Based in Berlin, Germany, METRO Xcel primarily focuses on identifying, supporting, and integrating technology startups that offer solutions for the hospitality and retail industries. While METRO Xcel itself acts as a strategic partner and facilitator, its most direct investment mechanism for early-stage companies has historically been through its collaboration with the renowned Techstars accelerator program, known as METRO Accelerator powered by Techstars.

The program is distinctly sales-driven, aiming to foster pilot projects and strategic partnerships that can be integrated into METRO's extensive customer base and operational ecosystem. Startups selected for the program gain unparalleled access to METRO's network, industry expertise, and potential for real-world market validation. This approach emphasizes mutual benefit, where startups can scale their solutions within a large corporate environment, and METRO gains access to cutting-edge innovations that can enhance its offerings and operational efficiencies for its professional customers.

Through the Techstars partnership, participating startups typically receive an initial investment of $20,000 in exchange for a 6% equity stake. Additionally, companies have the option to receive a further $100,000 in funding via a convertible note. This structured investment, combined with intensive mentorship, workshops, and a demo day, provides a robust foundation for growth. Over the years, the METRO Accelerator has supported more than 150 startups, helping them refine their products, secure follow-on funding, and establish crucial industry connections.

METRO Xcel's strategy is less about pure financial returns on equity and more about strategic alignment and operational synergy. By nurturing these innovative ventures, METRO aims to stay at the forefront of technological advancements in its core sectors. The platform offers a unique blend of corporate resources and accelerator-style support, making it an attractive proposition for B2B tech startups looking to penetrate the hospitality and retail markets with a strong corporate partner.

Investor Profile

METRO Xcel has backed more than 61 startups, with 0 new investments in the last 12 months alone. The firm has led 3 rounds, about 5% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Pre Seed, Seed, Series Unknown rounds (top funding stages).
  • Majority of deals are located in Germany, United Kingdom, United States.
  • Strong thematic focus on Software, Hospitality, E-Commerce.
  • Typical check size: $20K – $120K.

Stage Focus

  • Pre Seed (51%)
  • Seed (44%)
  • Series Unknown (2%)
  • Series B (2%)
  • Series A (2%)

Country Focus

  • Germany (26%)
  • United Kingdom (16%)
  • United States (13%)
  • France (13%)
  • India (7%)
  • Israel (7%)
  • Spain (5%)
  • Portugal (3%)
  • Switzerland (2%)
  • Canada (2%)

Industry Focus

  • Software
  • Hospitality
  • E-commerce
  • Restaurants
  • Saas
  • Information Technology
  • Artificial Intelligence (Ai)
  • Analytics
  • Retail
  • Food And Beverage
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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 METRO Xcel frequently co-invest with?

Edenred Capital Partners
Europe, England, United Kingdom, London
Co-Investments: 1
Day One Entrepreneurs & Partners
Europe, Ile-de-France, France, Paris
Co-Investments: 1
Techstars
North America, Colorado, United States, Boulder
Co-Investments: 61
LeadX Capital Partners
Europe, Bayern, Germany, Munich
Co-Investments: 26
SP
North America, Colorado, United States, Boulder
Co-Investments: 1
TA Capital
North America, Texas, United States, Houston
Co-Investments: 1
C2 Ventures
North America, New York, United States, New York
Co-Investments: 1
R/GA Ventures
North America, New York, United States, New York
Co-Investments: 9
Resolute Ventures
North America, California, United States, San Francisco
Co-Investments: 1
Outlander Fund I Archimedes
North America, New York, United States, New York
Co-Investments: 1

Which angels does METRO Xcel often collaborate with?

AM
Europe, England, United Kingdom, London
Shared Deals: 1
BB
North America, Texas, United States, Dallas
Shared Deals: 1

What are some of recent deals done by METRO Xcel?

Gofer

Montpellier, Languedoc-Roussillon, France

Gofer simplifies the hiring process for qualified applicants in the construction and hospitality industry.

Building MaintenanceCommunitiesConstructionEmploymentHotelHuman ResourcesMarketplaceRestaurantsSaaS
Pre SeedApr 17, 2019
Amount Raised: $677,801
Sentiment Search

London, England, United Kingdom

The next generation of review insights for restaurants.

AnalyticsHospitalityRestaurantsSocial Media
Pre SeedNov 12, 2018
Barratio

Paris, Ile-de-France, France

Barratio is the management solution that meets all the needs of restaurants.

AccountingApplication Performance ManagementHospitalitySoftware
Pre SeedNov 12, 2018
HeyMojo, Inc

Gurgaon, Haryana, India

Heymojo bots boost your sales by engaging your customers in real-time and generating high quality conversation qualified leads (CQL).

Artificial Intelligence (AI)BankingEducationHospitalHotelInsuranceMachine LearningMedia and EntertainmentMedicalReal Estate
Pre SeedNov 5, 2018
Amount Raised: $120,000
Trakbar

Wilmington, Delaware, United States

Smart business intelligence and predictions for bars & restaurants

Big DataHospitalityRestaurants
SeedNov 5, 2018
Amount Raised: $136,884
Fresco

Lamezia, Calabria, Italy

Fresco enables to produce fresh olive oil in any place and at any time.

Food and BeverageOil and Gas
Pre SeedNov 5, 2018
Amount Raised: $120,000
Sellar

London, England, United Kingdom

Sellar is the new trade ordering experience for breweries selling beer directly to trade customers.

BrewingCraft BeerHospitalityOnline PortalsSupply Chain ManagementTrading PlatformWeb Apps
Pre SeedNov 3, 2018
Amount Raised: $120,000
Hotelhero

Berlin, Berlin, Germany

Hotelhero helps hotels find the right software for their businesses.

HospitalityHotelInformation TechnologySoftware
Pre SeedOct 8, 2018
Amount Raised: $137,930
RetailQuant

Garching Bei München, Bayern, Germany

RetailQuant is a computer vision retail analytics company.

AnalyticsRetail
SeedJun 1, 2018
Amount Raised: $140,022
Shopest

London, England, United Kingdom

Shopest makes discovering nearby retail as fast and as simple as online.

AppsE-CommerceFashionLocation Based ServicesMobile AppsRetail Technology
Pre SeedMay 9, 2018