PV

Puzzle Ventures

Europe, Berlin, Germany, Berlin

Description

Puzzle Ventures is an early-stage venture fund that partners with entrepreneurs to build B2B software businesses.

Investor Profile

Puzzle Ventures has backed more than 4 startups, with 4 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States, Germany, United Kingdom.
  • Strong thematic focus on Accounting, Finance, Financial Services.

Stage Focus

  • Series Unknown (25%)
  • Series A (25%)
  • Pre Seed (25%)
  • Seed (25%)

Country Focus

  • United States (25%)
  • Germany (25%)
  • United Kingdom (25%)

Industry Focus

  • Accounting
  • Finance
  • Financial Services
  • Fintech
  • Saas
  • Software
  • Renewable Energy
  • Solar
  • Bookkeeping And Payroll
  • Artificial Intelligence (Ai)
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Puzzle Ventures frequently co-invest with?

First Round Capital
North America, California, United States, San Francisco
Co-Investments: 1
General Catalyst
North America, Massachusetts, United States, Cambridge
Co-Investments: 1
GG
North America, California, United States, San Francisco
Co-Investments: 1
Creandum
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 1
BoxGroup
North America, New York, United States, New York
Co-Investments: 1
Cherry Ventures
Europe, Berlin, Germany, Berlin
Co-Investments: 1
Susa Ventures
North America, California, United States, San Francisco
Co-Investments: 1
Co-Investments: 1
Northzone
Europe, England, United Kingdom, London
Co-Investments: 1
Point Nine
Europe, Berlin, Germany, Berlin
Co-Investments: 1

Which angels does Puzzle Ventures often collaborate with?

CC
North America, California, United States, San Francisco
Shared Deals: 1
JC
North America, New York, United States, New York
Shared Deals: 1
Shared Deals: 1
KH
North America, California, United States, San Francisco
Shared Deals: 1
OP
North America, New York, United States, New York
Shared Deals: 1
GW
North America, California, United States, San Francisco
Shared Deals: 1
SB
North America, New York, United States, New York
Shared Deals: 1
ZK
North America, Colorado, United States, Boulder
Shared Deals: 1
TK
North America, California, United States, San Francisco
Shared Deals: 1
Shared Deals: 1

What are some of recent deals done by Puzzle Ventures?

Gradient Labs

London, England, United Kingdom

Gradient Labs builds an AI customer service platform for financial firms, automating support, compliance, and complex operational workflows.

Artificial Intelligence (AI)Business Process Automation (BPA)Customer ServiceFinancial ServicesFinTech
Series AJul 8, 2025
Amount Raised: $13,000,000
Ankar AI

Ilford, Redbridge, United Kingdom

Ankar AI operates as a next-generation AI Intellectual Property platform.

Artificial Intelligence (AI)Intellectual PropertySoftware
SeedMay 28, 2025
Amount Raised: $4,040,714

Redefining how SMEs manage accounting, taxation, and payroll

AccountingBookkeeping and PayrollFinanceFinancial ServicesFinTech
Pre SeedFeb 12, 2025
Amount Raised: $6,526,739
Reonic

Augsburg, Bayern, Germany

Reonic is a climate-tech software company that focuses on renewable energy solutions.

Renewable EnergySaaSSoftwareSolar
Series ASep 4, 2024
Amount Raised: $14,403,874
Rillet

Palo Alto, California, United States

Rillet develops accounting software to support financial management for high-growth companies.

AccountingFinanceFinancial ServicesFinTechSaaS
Series UnknownJul 29, 2024
Amount Raised: $13,500,000