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Simile Venture Partners

Europe, Luxembourg, Luxembourg, Luxembourg

Description

Simile Venture Partners is a Luxembourg-based venture capital firm established in 2011, primarily focused on investing in early-stage internet and mobile technology startups. The firm targets companies at the Seed and pre-Series A stages, seeking out innovative ventures poised for significant growth within sectors such as FinTech, SaaS, e-commerce, and various digital services. Simile Venture Partners has positioned itself as a key early-stage investor in the European tech ecosystem, providing not only capital but also strategic support to its portfolio companies. The firm successfully closed its first fund at €30 million (approximately $32.4 million USD) in 2017, underscoring its commitment to backing promising ventures.

Investor Profile

Simile Venture Partners has backed more than 21 startups, with 1 new investments in the last 12 months alone. The firm has led 3 rounds, about 14% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in India, Germany, Singapore.
  • Strong thematic focus on E-Commerce, Automotive, Internet.
  • Typical check size: $250K – $2M.

Stage Focus

  • Seed (48%)
  • Series A (33%)
  • Series Unknown (10%)
  • Series C (5%)
  • Series B (5%)

Country Focus

  • India (24%)
  • Germany (19%)
  • Singapore (14%)
  • United Kingdom (10%)
  • Brazil (10%)
  • Spain (5%)
  • United Arab Emirates (5%)
  • Turkey (5%)
  • Russian Federation (5%)
  • Indonesia (5%)

Industry Focus

  • E-commerce
  • Automotive
  • Internet
  • News
  • Public Relations
  • Publishing
  • Social Media
  • Retail
  • Marketing
  • Virtual Workforce
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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 Simile Venture Partners frequently co-invest with?

Ballpark Ventures
Europe, Gloucestershire, United Kingdom, Cheltenham
Co-Investments: 1
Pegasus Tech Ventures
North America, California, United States, San Jose
Co-Investments: 2
East Ventures
Asia, Tokyo, Japan, Tokyo
Co-Investments: 2
Blume Ventures
Asia, Maharashtra, India, Mumbai
Co-Investments: 4
DN Capital
North America, California, United States, Menlo Park
Co-Investments: 1
500 Global
North America, California, United States, San Francisco
Co-Investments: 1
Saarbruecker 21
Europe, Berlin, Germany, Berlin
Co-Investments: 2
TA Ventures
Europe, Hessen, Germany, Frankfurt
Co-Investments: 2
Augusta Investments
North America, California, United States, San Francisco
Co-Investments: 1
AAFM
North America, New York, United States, New York
Co-Investments: 1

Which angels does Simile Venture Partners often collaborate with?

CD
North America, United States
Shared Deals: 1
MH
North America, California, United States, San Francisco
Shared Deals: 1
Sujayath Ali
Asia, Karnataka, India, Bengaluru
Shared Deals: 1
AA
North America, California, United States, San Francisco
Shared Deals: 1
AS
North America, California, United States, San Francisco
Shared Deals: 1
CP
North America, New York, United States, New York
Shared Deals: 1
Shivakumar Ganesan
Asia, Karnataka, India, Bengaluru
Shared Deals: 1
Phanindra Sama
Asia, Karnataka, India, Bengaluru
Shared Deals: 1
OH
Europe, Luxembourg, Luxembourg, Luxembourg
Shared Deals: 3
Eduardo Saverin
Asia, Central Region, Singapore, Singapore
Shared Deals: 1

What are some of recent deals done by Simile Venture Partners?

Futwork

Mumbai, Maharashtra, India

Futwork helps students in India get micro-jobs to add to their pocket money

MarketingVirtual Workforce
Series ASep 12, 2024
Amount Raised: $2,490,368
Futwork

Mumbai, Maharashtra, India

Futwork helps students in India get micro-jobs to add to their pocket money

MarketingVirtual Workforce
SeedApr 5, 2022
Amount Raised: $1,000,000
Fleksy

London, England, United Kingdom

Fleksy builds powerful text input technologies enabling developers to create engaging writing experiences

AndroidAugmented RealityHealth DiagnosticsInformation TechnologyiOSNatural Language ProcessingProductivity ToolsVirtual Reality
Series AOct 28, 2021
Amount Raised: $1,600,000
Spinny

Gurgaon, Haryana, India

Spinny is a used car buying platform enabling trustworthy and hassle-free transactions.

AutomotiveE-CommerceTrading Platform
Series AMay 21, 2019
Amount Raised: $13,200,000
slice

Bangalore, Karnataka, India

slice is India's leading consumer payments and lending company

Credit CardsFinancial ServicesFinTechPayments
Series UnknownOct 6, 2017
Amount Raised: $2,250,000
Spinny

Gurgaon, Haryana, India

Spinny is a used car buying platform enabling trustworthy and hassle-free transactions.

AutomotiveE-CommerceTrading Platform
SeedJun 6, 2017
Amount Raised: $1,000,000
Fleksy

London, England, United Kingdom

Fleksy builds powerful text input technologies enabling developers to create engaging writing experiences

AndroidAugmented RealityHealth DiagnosticsInformation TechnologyiOSNatural Language ProcessingProductivity ToolsVirtual Reality
SeedMay 5, 2016
Amount Raised: $400,000
Tinggal

Jakarta, Jakarta Raya, Indonesia

Tinggal is a Indonesia based company

HotelInternetMarketplace
SeedMar 1, 2016
Amount Raised: $1,000,000
Tech in Asia

Singapore, Central Region, Singapore

Tech in Asia (YC W15) is a media, events, and jobs platform on a mission to build and serve Asia’s tech and startup community.

NewsPublic RelationsPublishingSocial Media
Series CJun 21, 2015
Amount Raised: $4,000,000
Double Data

Moscow, Moscow City, Russian Federation

Big Data solutions for financial organizations

FinTechSoftware
Series AMar 10, 2015
Amount Raised: $3,200,000