Senovo logo

Senovo

Europe, Bayern, Germany, München

Description

Senovo is a prominent Munich-based venture capital firm with a dedicated focus on early-stage B2B SaaS investments across the European landscape. The firm positions itself as a strategic partner for founders, providing not only capital but also operational expertise and network access to help accelerate growth for innovative software companies. Their investment thesis centers on identifying businesses with strong product-market fit, scalable revenue models, and the potential to disrupt or significantly impact large industries.

The firm's investment strategy is characterized by a hands-on approach, where they actively collaborate with portfolio companies on critical aspects such as go-to-market strategies, talent acquisition, and international expansion. Senovo typically targets companies from the Seed to Series A stages, looking for founders with ambitious visions and robust technological foundations. Their deep specialization in B2B SaaS allows them to offer tailored support, understanding the unique challenges and opportunities within this sector.

Financially, Senovo demonstrates a significant capacity for early-stage funding. They typically deploy initial checks ranging from €500,000 to €5 million, indicating their flexibility to support a diverse range of early-stage funding needs. This range allows them to participate in or lead significant rounds for promising startups. Furthermore, their commitment to the European B2B SaaS ecosystem is underscored by their latest fund, Senovo III, which was launched in 2022 with a target size of €100 million. This substantial capital pool enables Senovo to continue backing a new generation of B2B SaaS leaders and provides ample follow-on capacity for their successful portfolio companies.

Investor Profile

Senovo has backed more than 62 startups, with 4 new investments in the last 12 months alone. The firm has led 24 rounds, about 39% of its total and boasts 9 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series B rounds (top funding stages).
  • Majority of deals are located in Germany, United States, United Kingdom.
  • Strong thematic focus on Software, SaaS, Information Technology.
  • Led 2 rounds in the past year.
  • Typical check size: $540K – $5.4M.

Stage Focus

  • Series A (42%)
  • Seed (31%)
  • Series B (15%)
  • Series Unknown (6%)
  • Series C (3%)
  • Series E (2%)
  • Series D (2%)

Country Focus

  • Germany (66%)
  • United States (18%)
  • United Kingdom (5%)
  • Austria (5%)
  • Switzerland (3%)
  • Sweden (2%)
  • Belgium (2%)

Industry Focus

  • Software
  • Saas
  • Information Technology
  • Business Intelligence
  • Artificial Intelligence (Ai)
  • Market Research
  • Search Engine
  • Big Data
  • Enterprise Software
  • Customer Service
circle-line
FAQ

Frequently Asked Questions

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

Who does Senovo frequently co-invest with?

La Famiglia
Europe, Berlin, Germany, Berlin
Co-Investments: 3
KfW
Europe, Hessen, Germany, Frankfurt
Co-Investments: 3
Surplus Invest
Europe, Bayern, Germany, Munich
Co-Investments: 5
Seventure Partners
Europe, Ile-de-France, France, Paris
Co-Investments: 3
coparion
Europe, Nordrhein-Westfalen, Germany, Cologne
Co-Investments: 5
Bayern Kapital
Europe, Bayern, Germany, Landshut
Co-Investments: 4
EQT Ventures
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 10
Venture Stars
Europe, Bayern, Germany, Munich
Co-Investments: 4
Credo Ventures
Europe, Hlavni mesto Praha, Czech Republic, Prague
Co-Investments: 4
UVC Partners
Europe, Bayern, Germany, Garching
Co-Investments: 8

Which angels does Senovo often collaborate with?

J"
Europe, Wien, Austria, Vienna
Shared Deals: 2
EM
Europe, Berlin, Germany, Berlin
Shared Deals: 2
GF
Europe, Zurich, Switzerland, Zürich
Shared Deals: 2
PF
North America, Massachusetts, United States, Cambridge
Shared Deals: 2
NP
Europe, Berlin, Germany
Shared Deals: 2
ID
Europe, Zurich, Switzerland, Zürich
Shared Deals: 2
CH
Europe, Bayern, Germany, Munich
Shared Deals: 4
MW
Europe, Bayern, Germany, Munich
Shared Deals: 2
AB
Europe, Bayern, Germany, Munich
Shared Deals: 2
AK
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Senovo?

FlowFuse

San Francisco, California, United States

FlowFuse is an open-source and low-code development platform for integration and automation at enterprise scales, built on Node-RED.

Industrial AutomationInformation TechnologyInternet of Things
SeedJun 10, 2025
Amount Raised: $7,250,000
Parloa

Berlin, Berlin, Germany

Parloa is a conversational AI platform that enables businesses to automate customer interactions across various communication channels.

Artificial Intelligence (AI)ChatbotGenerative AIInformation TechnologySaaSSoftwareTelecommunications
Series CMay 6, 2025
Amount Raised: $120,000,000
synthavo

Stuttgart, Baden-Wurttemberg, Germany

Visual spare part ordering

AppsE-CommerceMarketingSoftware
SeedDec 17, 2024
Amount Raised: $4,197,888
Monda

Dover, Delaware, United States

The all-in-one data monetization platform.

Artificial Intelligence (AI)B2BData ManagementInformation ServicesSaaSSoftware
SeedSep 3, 2024
Amount Raised: $5,000,000
CultureAI

Manchester, Manchester, United Kingdom

CultureAI is a human risk management platform that helps to identify workforce security risks and coach employees.

Cyber SecurityInformation TechnologySecuritySoftware
Series AJul 17, 2024
Amount Raised: $10,000,000
Dive

Berlin, Berlin, Germany

Simulation software to help engineers to focus on just engineering (Enterprise SaaS).

ManufacturingSaaSSoftware
Series AJun 5, 2024
Amount Raised: $10,000,000
Refine

Newark, Delaware, United States

Refine is a react-based web application development platform that offers a wide range of software services.

Information TechnologyOpen SourceSoftware
SeedMay 6, 2024
Amount Raised: $2,800,000
Parloa

Berlin, Berlin, Germany

Parloa is a conversational AI platform that helps businesses in automating their service channels.

Artificial Intelligence (AI)ChatbotInformation TechnologySaaSSoftwareTelecommunications
Series BApr 24, 2024
Amount Raised: $66,019,172
IP Fabric

New York, New York, United States

IP Fabric is an IT company focused on network assurance, security assurance, and multi-cloud networking.

Big DataCloud InfrastructureIT InfrastructureNetwork SecurityPredictive Analytics
Series BJun 29, 2023
Amount Raised: $25,104,603
Parloa

Berlin, Berlin, Germany

Parloa is a conversational AI platform that helps businesses in automating their service channels.

Artificial Intelligence (AI)ChatbotInformation TechnologySaaSSoftwareTelecommunications
Series AMar 30, 2023
Amount Raised: $21,808,895