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Signals Venture Capital

Europe, Berlin, Germany, Berlin

Description

Signals Venture Capital is a prominent early-stage venture capital firm based in Berlin, Germany, specializing in enterprise and B2B software companies. The firm primarily targets Seed and Series A funding rounds, seeking to back innovative startups that are transforming industries through technology. A distinctive aspect of Signals VC is its backing by Signal Iduna, one of Germany's largest financial services groups. This strategic partnership provides portfolio companies with unique access to a vast corporate network, deep industry expertise, and potential pilot opportunities, positioning Signals VC as a "smart money" investor beyond just capital provision.

The firm has demonstrated a strong commitment to the European tech ecosystem through its successive fundraises. Signals VC launched its inaugural fund, Fund I, in 2017 with a total capital commitment of €100 million. Building on its initial success and growing portfolio, the firm successfully closed its second fund, Fund II, in 2022, raising an additional €150 million. This brings Signals Venture Capital's total assets under management to an impressive €250 million, solidifying its position as a significant player in the early-stage B2B venture landscape.

Signals Venture Capital typically deploys initial checks ranging from €1 million to €10 million, aligning with its focus on Seed and Series A stages. Their investment thesis centers on identifying scalable software solutions that address critical business needs across various sectors, including FinTech, InsurTech, HealthTech, and enterprise SaaS. Beyond financial investment, Signals VC emphasizes active portfolio support, leveraging its operational experience and the extensive resources of Signal Iduna to help founders with market access, strategic guidance, and talent acquisition, fostering long-term growth and success for its portfolio companies.

Investor Profile

Signals Venture Capital has backed more than 35 startups, with 1 new investments in the last 12 months alone. The firm has led 15 rounds, about 43% of its total and boasts 3 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 SaaS, Software, Information Technology.
  • Typical check size: $1.1M – $10.8M.

Stage Focus

  • Series A (34%)
  • Seed (31%)
  • Series B (9%)
  • Series C (9%)
  • Series D (6%)
  • Pre Seed (6%)
  • Series Unknown (6%)

Country Focus

  • Germany (71%)
  • United States (11%)
  • United Kingdom (6%)
  • Israel (3%)
  • Denmark (3%)
  • France (3%)
  • Norway (3%)

Industry Focus

  • Saas
  • Software
  • Information Technology
  • B2b
  • Electronics
  • Mobile Devices
  • Rental
  • Artificial Intelligence (Ai)
  • Corporate Training
  • Personal Development
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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 Signals Venture Capital frequently co-invest with?

Speedinvest
Europe, Wien, Austria, Vienna
Co-Investments: 8
Cadence Growth Capital
Europe, Bayern, Germany, Munich
Co-Investments: 4
RTP Global
Europe, England, United Kingdom, London
Co-Investments: 4
Angel Invest
Europe, Berlin, Germany, Berlin
Co-Investments: 4
Partech
Europe, Ile-de-France, France, Paris
Co-Investments: 4
Molten Ventures
Europe, England, United Kingdom, London
Co-Investments: 3
Cavalry Ventures
Europe, Berlin, Germany, Berlin
Co-Investments: 3
AlleyCorp
North America, New York, United States, New York
Co-Investments: 3
HV Capital
Europe, Bayern, Germany, Munich
Co-Investments: 4
finleap
Europe, Berlin, Germany, Berlin
Co-Investments: 2

Which angels does Signals Venture Capital often collaborate with?

KR
North America, New York, United States, New York
Shared Deals: 2
MN
Europe, Nordrhein-Westfalen, Germany, Cologne
Shared Deals: 2
BG
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 1
AS
North America, Maine, United States, Frankfort
Shared Deals: 1
BS
North America, Virginia, United States, Richmond
Shared Deals: 2
DU
North America, Florida, United States, Naples
Shared Deals: 2
CW
Europe, Hungary
Shared Deals: 1
VJ
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 2
DM
Europe, Hessen, Germany, Frankfurt
Shared Deals: 2
JD
Europe, Berlin, Germany, Berlin
Shared Deals: 1

What are some of recent deals done by Signals Venture Capital?

Mercanis

Berlin, Berlin, Germany

Mercanis offers state-of-the-art software for procurement and sourcing driven by AI.

Enterprise SoftwareProcurementSoftware
Series AJun 18, 2025
Amount Raised: $19,909,200
Everphone

Berlin, Berlin, Germany

Everphone is a mobile device service center that offers configuration, distribution, and management solutions.

B2BElectronicsInformation TechnologyMobile DevicesRental
Series DJan 17, 2024
Amount Raised: $22,859,656
Kodex AI

Berlin, Berlin, Germany

Kodex AI offers AI risk management software enabling businesses to assess and control their AI risk quickly.

Artificial Intelligence (AI)Information TechnologySoftware
SeedOct 6, 2023
Amount Raised: $1,695,005
Fraud0

Munich, Bayern, Germany

Fraud0 is a software that renders uncontaminated analytics, automated non-human traffic, fraud and advertising detection solutions.

AdvertisingFraud DetectionNetwork SecuritySoftware
SeedAug 30, 2023
Amount Raised: $6,557,714
Mercanis

Berlin, Berlin, Germany

Mercanis offers state-of-the-art software for procurement and sourcing driven by AI.

Enterprise SoftwareProcurementSoftware
SeedAug 17, 2023
Amount Raised: $10,004,491
Pistachio

Oslo, Oslo, Norway

Pistachio is a fully automated cybersecurity awareness training and attack simulation platform.

Cyber SecuritySaaS
SeedAug 10, 2023
Amount Raised: $3,569,052
Dreamdata

Copenhagen, Hovedstaden, Denmark

Dreamdata is a B2B revenue automation platform. We help you repeat success and stop wasting money.

AnalyticsB2BCloud Data ServicesData IntegrationData VisualizationMachine LearningPredictive Analytics
Series ADec 6, 2022
Amount Raised: $7,327,158
Everphone

Berlin, Berlin, Germany

Everphone is a mobile device service center that offers configuration, distribution, and management solutions.

B2BElectronicsInformation TechnologyMobile DevicesRental
Series CSep 1, 2022
Amount Raised: $31,845,771
CoachHub

Berlin, Berlin, Germany

CoachHub is the leading global talent development platform.

Corporate TrainingPersonal DevelopmentSaaS
Series CJun 14, 2022
Amount Raised: $200,000,000
Fifty

Paris, Ile-de-France, France

Fifty provides training and business transformations that bridge the gap between intentions and actions.

Human ResourcesSoftware
SeedJun 1, 2022
Amount Raised: $10,000,000