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System.One

Europe, Berlin, Germany, Berlin

Description

System.One is a prominent pre-seed venture capital fund strategically located in Berlin, Germany, positioning itself at the heart of Europe's burgeoning tech ecosystem. Launched in 2022, the firm quickly established its presence with the successful close of its inaugural fund, System.One Fund I, amounting to €20 million. This capital is dedicated to identifying and nurturing the earliest stages of groundbreaking technology companies, primarily across Europe, with a strong emphasis on the DACH region.

The fund's investment thesis is sharply focused on transformative sectors, including deep tech, B2B SaaS, artificial intelligence, the future of work, and climate tech. System.One seeks out ambitious founders who are leveraging cutting-edge technology to solve complex, real-world problems. They aim to be the very first institutional investor, providing not only crucial capital but also hands-on operational support, strategic guidance, and access to a robust network of industry experts and follow-on investors, thereby accelerating the growth trajectory of their portfolio companies.

System.One typically deploys initial cheques ranging from €200,000 to €500,000, tailored to the specific needs of pre-seed stage startups. While these initial investments are significant for early-stage ventures, the fund also reserves capital for follow-on rounds, demonstrating a long-term commitment to its portfolio. Since its inception, System.One has actively invested in approximately 20 companies, building a diverse portfolio that reflects its commitment to innovation across its target sectors.

Investor Profile

System.One has backed more than 25 startups, with 0 new investments in the last 12 months alone. The firm has led 3 rounds, about 12% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in Germany, United States, United Kingdom.
  • Strong thematic focus on Software, Artificial Intelligence (AI), Machine Learning.
  • Typical check size: $216K – $540K.

Stage Focus

  • Seed (56%)
  • Pre Seed (32%)
  • Series A (4%)
  • Series B (4%)
  • Series Unknown (4%)

Country Focus

  • Germany (60%)
  • United States (20%)
  • United Kingdom (12%)
  • Finland (4%)
  • The Netherlands (4%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Machine Learning
  • Information Technology
  • Developer Apis
  • Natural Language Processing
  • Semantic Search
  • Developer Platform
  • Enterprise Software
  • Saas
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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 System.One frequently co-invest with?

NP-Hard Ventures
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 2
Harpoon
North America, California, United States, San Diego
Co-Investments: 2
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 2
Crane Venture Partners
Europe, England, United Kingdom, London
Co-Investments: 2
Creandum
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 3
Angel Invest
Europe, Berlin, Germany, Berlin
Co-Investments: 2
Tiny VC
Europe, England, United Kingdom, London
Co-Investments: 9
Lunar Ventures
Europe, Berlin, Germany, Berlin
Co-Investments: 4
Kindred Capital
Europe, England, United Kingdom, London
Co-Investments: 2
Acequia Capital (AceCap)
North America, Washington, United States, Seattle
Co-Investments: 5

Which angels does System.One often collaborate with?

AB
Europe, England, United Kingdom, London
Shared Deals: 1
TM
North America, California, United States, Santa Monica
Shared Deals: 1
SK
North America, New York, United States, New York
Shared Deals: 2
JY
North America, California, United States, San Francisco
Shared Deals: 7
EE
North America, California, United States, Menlo Park
Shared Deals: 1
MS
North America, California, United States, Palo Alto
Shared Deals: 1
AM
North America, California, United States, San Francisco
Shared Deals: 1
AR
North America, California, United States, Stanford
Shared Deals: 1
CS
North America, Washington, United States, Kirkland
Shared Deals: 4
Shared Deals: 2

What are some of recent deals done by System.One?

lemon.markets

Berlin, Berlin, Germany

Lemon.markets is a FinTech platform that offers an easy-to-use API for stock trading, order execution, and market data retrieval.

Developer APIsEnterprise ApplicationsFinancial ServicesFinTechTrading Platform
SeedJul 11, 2024
Amount Raised: $13,018,658
mixedbread ai

Berlin, Berlin, Germany

Self improving AI platform for information retrieval & discovery

Artificial Intelligence (AI)Semantic SearchSoftwareVisual Search
Pre SeedJan 23, 2024
Amount Raised: $855,000
Deta

Berlin, Berlin, Germany

Deta provides developer API and cloud storage services.

Developer APIsDeveloper ToolsInformation TechnologyWeb Development
SeedOct 10, 2023
Amount Raised: $3,600,000
Martian Lawyers Club

Bristol, Bristol, City of, United Kingdom

Martian Lawyers Club takes game personalization to the next level with the help pf generative AI.

Artificial Intelligence (AI)Gaming
Pre SeedAug 31, 2023
Amount Raised: $2,200,000
deepset

Berlin, Berlin, Germany

deepset is the company behind Haystack open-source LLM framework and deepset Cloud — an LLM platform for enterprise AI teams.

Artificial Intelligence (AI)Generative AIMachine LearningNatural Language ProcessingOpen SourceSearch EngineSemantic Search
Series BAug 9, 2023
Amount Raised: $29,638,704
Flipt

Raleigh, North Carolina, United States

Flipt is a provider of an open source feature flag solution.

Software
Pre SeedSep 1, 2022
Twain

Berlin, Berlin, Germany

AI communication assistant for outreach.

Artificial Intelligence (AI)Sales
Pre SeedMay 23, 2022
Amount Raised: $4,000,000
deepset

Berlin, Berlin, Germany

deepset is the company behind Haystack open-source LLM framework and deepset Cloud — an LLM platform for enterprise AI teams.

Artificial Intelligence (AI)Generative AIMachine LearningNatural Language ProcessingOpen SourceSearch EngineSemantic Search
Series AApr 28, 2022
Amount Raised: $14,000,000
lemon.markets

Berlin, Berlin, Germany

Lemon.markets is a FinTech platform that offers an easy-to-use API for stock trading, order execution, and market data retrieval.

Developer APIsEnterprise ApplicationsFinancial ServicesFinTechTrading Platform
SeedApr 4, 2022
Amount Raised: $16,462,658
Fiberplane

Amsterdam, Noord-Holland, The Netherlands

Fiberplane is a collaborative notebook for resolving incidents.

Developer PlatformDocument ManagementSoftware
SeedSep 16, 2021
Amount Raised: $8,826,375