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Softline Venture Partners

Europe, England, United Kingdom, London

Description

Softline Venture Partners operates as the dedicated corporate venture capital arm of Softline Group, a prominent global provider of IT solutions and services that has since rebranded as Noventiq. Established to identify and nurture innovative early-stage technology companies, the fund plays a strategic role in expanding Noventiq's ecosystem and staying at the forefront of technological advancements. Its mandate is to invest in startups that align with the parent company's core business areas and strategic growth initiatives.

The fund primarily focuses on early-stage investments, typically participating in Seed and Series A funding rounds. Their investment thesis centers on companies developing groundbreaking solutions in critical technology sectors such as IT infrastructure, cybersecurity, cloud computing, and various facets of digital transformation. While their investment scope is global, Softline Venture Partners demonstrates a particular interest in companies operating within or targeting emerging markets, leveraging Noventiq's extensive operational footprint and client network in these regions.

Softline Venture Partners typically deploys initial cheques ranging from $100,000 to $1,000,000, providing crucial early capital to promising ventures. Beyond financial investment, the fund offers significant strategic value to its portfolio companies. This includes unparalleled access to Noventiq's vast global client base, enabling accelerated market entry and expansion. Furthermore, portfolio companies benefit from Noventiq's deep industry expertise, robust distribution channels, and a global network of partners. With a track record of over 20 investments, Softline Venture Partners actively supports its portfolio companies in scaling their operations and achieving substantial market impact.

Investor Profile

Softline Venture Partners has backed more than 37 startups, with 0 new investments in the last 12 months alone. The firm has led 18 rounds, about 49% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
  • Majority of deals are located in Russian Federation, United States, Singapore.
  • Strong thematic focus on Software, Information Technology, Internet.
  • Typical check size: $100K – $1M.

Stage Focus

  • Seed (73%)
  • Series Unknown (14%)
  • Series A (8%)
  • Convertible Note (3%)
  • Pre Seed (3%)

Country Focus

  • Russian Federation (73%)
  • United States (16%)
  • Singapore (5%)
  • Belarus (5%)

Industry Focus

  • Software
  • Information Technology
  • Internet
  • Saas
  • Information Services
  • B2b
  • Cloud Computing
  • Small And Medium Businesses
  • Human Resources
  • Business Intelligence
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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 Softline Venture Partners frequently co-invest with?

Antler
Asia, Central Region, Singapore, Singapore
Co-Investments: 1
Moscow Seed Fund
Europe, Moscow City, Russian Federation, Moscow
Co-Investments: 2
500 Global
North America, California, United States, San Francisco
Co-Investments: 1
Russian Venture Company
Europe, Moscow City, Russian Federation, Moscow
Co-Investments: 2
MC
North America, New York, United States, New York
Co-Investments: 1
Atoia Ventures
Asia, Dubai, United Arab Emirates, Dubai
Co-Investments: 4
Plug and Play
North America, California, United States, Sunnyvale
Co-Investments: 1
Almaz Capital
North America, California, United States, Portola Valley
Co-Investments: 1
Sistema_VC
Europe, Moscow City, Russian Federation, Moscow
Co-Investments: 1
JJ
Europe, Limassol, Cyprus, Limassol
Co-Investments: 2

Which angels does Softline Venture Partners often collaborate with?

BI
Europe, Kaliningrad, Russian Federation, Kaliningrad
Shared Deals: 1
ID
Europe, Moscow City, Russian Federation, Moscow
Shared Deals: 1
RP
Europe, Moscow City, Russian Federation, Moscow
Shared Deals: 1

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

Kickidler

Singapore, Central Region, Singapore

Kickidler monitors online and saves videos of users' desktops.

Employee BenefitsInternetSoftware
Series UnknownMay 13, 2023
Amount Raised: $1,000,000
Workclass

Singapore, Central Region, Singapore

Workclass is a social hiring platform for front line staff.

Human ResourcesStaffing Agency
SeedDec 23, 2022
Amount Raised: $3,000,000
Exodrive

Moscow, Moscow City, Russian Federation

Exodrive is a telematics-based solution for insurance, leasing firms, corporate and taxi fleets, and car-sharing services.

Information TechnologyInsuranceLeasing
SeedAug 10, 2022
Amount Raised: $2,000,000
inspace

Boston, Massachusetts, United States

AI-driven workplace platform (B2B SaaS, PLG). Helps workplaces work better.

Business IntelligenceCommercial Real EstateCoworkingEnterprise SoftwareMeeting SoftwareOffice AdministrationSaaSSharing EconomySoftware
SeedJan 10, 2022
Amount Raised: $2,600,000
Parkly

Moscow, Moscow City, Russian Federation

Find, book, and save on parking with convenient garages and lots. Find parking near work, home and airports.

AppsAutomotiveInformation Services
SeedDec 15, 2021
Amount Raised: $700,000
T-1 Group

Moscow, Moscow City, Russian Federation

T-1 Group is provider of B2B and B2C telematics solutions and navigation technologies.

B2BB2CInformation TechnologySoftware
Series UnknownMar 5, 2021
NFWare

Sunnyvale, California, United States

NFWare develops disruptive virtualized network software for operators and data-centers.

Cloud InfrastructureSoftwareTelecommunicationsVirtualization
Series UnknownJan 13, 2021
Amount Raised: $1,400,000
HintEd.me

Wilmington, Delaware, United States

Digital Adoption Platform for Enterprise software: web and desktop

Desktop AppsE-LearningEnterprise SoftwareHuman ResourcesInformation TechnologyProduct DesignSaaSSoftwareWeb AppsWeb Development
SeedJun 23, 2020
ProctorEdu

Moscow, Moscow City, Russian Federation

ProctorEdu solves personality verification problem during online exams by using audio and video recording and proctor.

BroadcastingEducationInternetSaaSSoftwareVideo
SeedAug 7, 2019
Amount Raised: $305,948
ElectroNeek

Austin, Texas, United States

ElectroNeek is a robotic process automation platform for MSPs & IT service providers.

Artificial Intelligence (AI)B2BDeveloper PlatformDeveloper ToolsInformation TechnologyRobotic Process Automation (RPA)Software
Pre SeedMay 31, 2019
Amount Raised: $500,000