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Phenomen

Europe, England, United Kingdom, London

Description

Phenomen Ventures is a London, UK-based venture capital firm with a strong focus on early-stage technology companies across Europe and the United States. Established in 2012, the firm has quickly built a reputation for identifying and backing promising startups with significant growth potential. Phenomen Ventures primarily targets companies operating in high-growth sectors such as SaaS, Artificial Intelligence (AI), Fintech, the Future of Work, Digital Health, and Marketplaces, demonstrating a clear strategic alignment with transformative technological trends.

The firm's investment strategy is centered on providing substantial initial capital to support nascent companies. Phenomen Ventures typically deploys initial checks ranging from $1 million to $10 million, indicating their commitment to providing meaningful seed or Series A funding that can significantly accelerate a startup's development. Beyond the initial investment, the firm reserves substantial follow-on capital, enabling them to continue supporting their portfolio companies through subsequent funding rounds as they scale and mature. This long-term commitment is a key aspect of their value proposition to founders.

Phenomen Ventures boasts an impressive portfolio that includes several well-known and highly successful technology companies. Notable investments include early participation in global fintech giants like Revolut and Klarna, as well as leading travel technology platform TravelPerk and food delivery leader Delivery Hero. According to Crunchbase, Phenomen Ventures has led 10 funding rounds and participated in over 30 rounds, showcasing their active involvement in the venture ecosystem. Their track record reflects a keen eye for disruptive innovation and a commitment to fostering the growth of the next generation of tech leaders.

Investor Profile

Phenomen has backed more than 28 startups, with 0 new investments in the last 12 months alone. The firm has led 6 rounds, about 21% of its total and boasts 11 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series C, Seed, Series A rounds (top funding stages).
  • Majority of deals are located in Germany, United States, Israel.
  • Strong thematic focus on E-Commerce, Software, Apps.
  • Typical check size: $1M – $10M.

Stage Focus

  • Series C (25%)
  • Seed (21%)
  • Series A (14%)
  • Series B (14%)
  • Series D (11%)
  • Series Unknown (7%)
  • Pre Seed (4%)
  • Series E (4%)

Country Focus

  • Germany (32%)
  • United States (29%)
  • Israel (14%)
  • United Kingdom (14%)
  • Russian Federation (4%)
  • Switzerland (4%)
  • Brazil (4%)

Industry Focus

  • E-commerce
  • Software
  • Apps
  • Food Delivery
  • Internet
  • Marketplace
  • Delivery
  • Delivery Service
  • Mobile
  • Transportation
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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 Phenomen frequently co-invest with?

NFX
North America, California, United States, San Francisco
Co-Investments: 5
Wellington Partners
Europe, Bayern, Germany, Munich
Co-Investments: 2
KDDI Open Innovation Fund
Asia, Tokyo, Japan, Tokyo
Co-Investments: 2
Insight Partners
North America, New York, United States, New York
Co-Investments: 2
7percent Ventures
Europe, England, United Kingdom, London
Co-Investments: 2
Atomico
Europe, England, United Kingdom, London
Co-Investments: 3
Menlo Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Accel
North America, California, United States, Palo Alto
Co-Investments: 2
Union Square Ventures
North America, New York, United States, New York
Co-Investments: 2
HV Capital
Europe, Bayern, Germany, Munich
Co-Investments: 3

Which angels does Phenomen often collaborate with?

RB
North America, Virgin Islands, United States
Shared Deals: 1
PB
North America, California, United States, Mountain View
Shared Deals: 1
TC
North America, California, United States, Culver City
Shared Deals: 1
OT
Europe, Nordrhein-Westfalen, Germany, Cologne
Shared Deals: 1
AO
North America, California, United States, San Francisco
Shared Deals: 1
GT
North America, California, United States, San Francisco
Shared Deals: 1
FN
North America, California, United States, Menlo Park
Shared Deals: 1
Asaf Tuchmair
Asia, Israel
Shared Deals: 1
SA
North America, California, United States, San Francisco
Shared Deals: 1
Dave McClure
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Phenomen?

Breeze

New York, New York, United States

Breeze is a fully automated and digital insurance solution, specifically tailored for freight forwarders and logistics companies.

InsuranceSoftware
SeedSep 30, 2021
Vee Finance

New York, New York, United States

Vee Finance is the developer of a lending platform that is designed to bridge the gap between traditional finance and crypto assets.

FinTech
Series BSep 13, 2021
Amount Raised: $2,800,000
NextSilicon

Tel Aviv-yafo, Tel Aviv, Israel

NextSilicon provides a new approach to HPC architecture that drives the industry forward by solving its biggest, most fundamental problems.

ComputerElectronicsHardwareSemiconductor
Series CJun 14, 2021
Amount Raised: $120,000,000
Breeze

New York, New York, United States

Breeze is a fully automated and digital insurance solution, specifically tailored for freight forwarders and logistics companies.

InsuranceSoftware
Pre SeedMar 30, 2021
Constru

Tel Aviv, Tel Aviv, Israel

Computer Vision and AI

Artificial Intelligence (AI)Computer VisionConstruction
SeedJul 22, 2020
Amount Raised: $2,000,000
LIGHTYX

Tel Aviv-yafo, Tel Aviv, Israel

LightYX is developing a robotic system that accurately projects an Augmented Reality of construction plans using a laser onto any surface

ConstructionElectronicsReal Estate
SeedMar 30, 2020
Constru

Tel Aviv, Tel Aviv, Israel

Computer Vision and AI

Artificial Intelligence (AI)Computer VisionConstruction
SeedSep 1, 2019
Amount Raised: $3,000,000
Hometalk

New York, New York, United States

Hometalk empowers every person to create the home they love.

CommunitiesDIYHome Decor
Series AJun 20, 2018
Amount Raised: $15,000,000
Smava

Berlin, Berlin, Germany

Smava is an online loan comparison platform that offers cheaper loan options to consumers.

FinanceFinancial Services
Series BApr 20, 2015
Amount Raised: $16,000,000
Helpling

London, England, United Kingdom

Helpling is an online booking and payment platform that provides on-demand home services outside the U.S.

AppsHome ServicesInternetMarketplaceReal EstateSoftware
Series ADec 2, 2014
Amount Raised: $17,000,000