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Piton Capital

Europe, England, United Kingdom, London

Description

Piton Capital is a London-based venture capital and growth equity firm with a strong focus on B2B software and tech-enabled services companies. Established with a clear mandate to support high-growth businesses, the firm primarily targets companies that have achieved product-market fit and are poised for significant scaling. Their investment strategy revolves around identifying disruptive technologies and robust business models within the enterprise software space, often seeking out companies with strong recurring revenue streams and global expansion potential.

The firm typically engages with companies from Series A through Series C stages, providing not only capital but also strategic guidance and operational support to accelerate growth. Piton Capital closed its inaugural fund, Piton Capital Fund I, in 2017, securing $100 million in commitments to deploy across its portfolio. This fund size allows them to make meaningful initial investments while reserving capital for follow-on rounds to support their portfolio companies' continued development and expansion. Their portfolio includes notable companies such as Contentful, Dataiku, and Snyk, demonstrating their commitment to leading innovators in the B2B technology sector.

Piton Capital's investment approach emphasizes long-term partnerships, working closely with founders and management teams to navigate growth challenges and capitalize on market opportunities. While their primary geographic focus is Europe, they are known to invest in promising companies globally, particularly those with a strong European presence or expansion plans. Their typical initial cheque size ranges from approximately $5 million to $25 million, reflecting their sweet spot in growth-stage funding. The firm’s expertise lies in helping companies scale their operations, refine their go-to-market strategies, and build world-class teams, positioning them for successful exits or sustained independent growth.

Investor Profile

Piton Capital has backed more than 103 startups, with 0 new investments in the last 12 months alone. The firm has led 25 rounds, about 24% of its total and boasts 13 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Seed rounds (top funding stages).
  • Majority of deals are located in Germany, United Kingdom, United States.
  • Strong thematic focus on Software, Marketplace, Internet.
  • Typical check size: $5M – $25M.

Stage Focus

  • Series A (27%)
  • Series B (19%)
  • Seed (19%)
  • Series C (13%)
  • Series Unknown (12%)
  • Series D (5%)
  • Series E (3%)
  • Convertible Note (1%)
  • Pre Seed (1%)

Country Focus

  • Germany (41%)
  • United Kingdom (15%)
  • United States (11%)
  • France (8%)
  • The Netherlands (5%)
  • Poland (4%)
  • Egypt (3%)
  • Switzerland (3%)
  • Belgium (2%)
  • Brazil (2%)

Industry Focus

  • Software
  • Marketplace
  • Internet
  • E-commerce
  • Health Care
  • Saas
  • Human Resources
  • Wellness
  • Recruiting
  • Automotive
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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 Piton Capital frequently co-invest with?

Mutschler Ventures AG
Europe, Zug, Switzerland, Baar
Co-Investments: 6
VNV Global
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 8
Target Global
Europe, Berlin, Germany, Berlin
Co-Investments: 9
FJ Labs
North America, New York, United States, New York
Co-Investments: 9
RTA.vc
Europe, Berlin, Germany, Berlin
Co-Investments: 6
DN Capital
North America, California, United States, Menlo Park
Co-Investments: 11
Cherry Ventures
Europe, Berlin, Germany, Berlin
Co-Investments: 10
Kingsway Capital
Europe, England, United Kingdom, London
Co-Investments: 5
HV Capital
Europe, Bayern, Germany, Munich
Co-Investments: 5
Point Nine
Europe, Berlin, Germany, Berlin
Co-Investments: 6

Which angels does Piton Capital often collaborate with?

HK
Europe, Berlin, Germany, Berlin
Shared Deals: 1
FG
North America, New York, United States, New York
Shared Deals: 5
ZC
North America, California, United States, San Francisco
Shared Deals: 3
JM
Europe, Madrid, Spain, Madrid
Shared Deals: 1
CB
Europe, Berlin, Germany, Berlin
Shared Deals: 2
PM
Europe, Berlin, Germany, Berlin
Shared Deals: 2
CM
Europe, Berlin, Germany, Berlin
Shared Deals: 3
KH
Europe, Berlin, Germany, Berlin
Shared Deals: 6
RF
North America, New York, United States, New York
Shared Deals: 1
RL
Europe, Berlin, Germany, Berlin
Shared Deals: 2

What are some of recent deals done by Piton Capital?

Vesper

Amsterdam, Noord-Holland, The Netherlands

Vesper is a dairy intelligence tool designed to grow your business.

Business IntelligenceInformation ServicesSoftware
Series ANov 29, 2023
Munch - (B)eat food waste!

Budapest, Budapest, Hungary

Munch is building marketplaces to fight food waste in CEE and beyond.

E-CommerceFood and BeverageFood DeliveryFood ProcessingMarketplaceMobile Apps
Series ANov 7, 2023
Gringo

São Paulo, Sao Paulo, Brazil

Gringo is a car app that helps in monitoring vehicle and driver's licenses, licensing vehicles and dividing fines into installments.

AppsAutomotiveInformation Services
Series CSep 26, 2023
Amount Raised: $30,073,379
Patient 21

Berlin, Berlin, Germany

Patient 21 is a healthtech company that aims to empower patients and doctors to make better decisions by leveraging data.

Health CareMedicalWellness
Series CMay 22, 2023
Amount Raised: $76,000,000
Ovoko

Vilnius, Vilniaus Apskritis, Lithuania

Planet positive marketplace for used car spare parts.

AutomotiveE-CommerceMarketplace
Series AOct 1, 2022
Amount Raised: $13,724,750
enmacc

Munich, Bayern, Germany

Professional OTC energy trading for Europe

EnergyInformation ServicesInformation TechnologyTrading Platform
Series BSep 28, 2022
Ferryhopper

Athens, Attiki, Greece

Ferryhopper provides an innovative ferry booking platform making ferry traveling easy and fun

InternetTravel
Series BJun 28, 2022
Amount Raised: $5,262,249
Lantum

London, England, United Kingdom

Lantum is the online platform that enables healthcare providers to manage their clinical workforce.

Health CareHospitalHuman ResourcesRecruitingSoftware
Series UnknownMar 28, 2022
Amount Raised: $15,000,000
Gringo

São Paulo, Sao Paulo, Brazil

Gringo is a car app that helps in monitoring vehicle and driver's licenses, licensing vehicles and dividing fines into installments.

AppsAutomotiveInformation Services
Series BMar 17, 2022
Amount Raised: $37,694,673
Mediately

Ljubljana, Ljubljana Urban Commune, Slovenia

The mobile assistant for faster diagnosing and better treatment.

AppsHealth CareiOSMedicalMobile
Series AFeb 10, 2022
Amount Raised: $8,215,924