AG Capital
Private equityVienna · Growth–Late Stage · 15 people tracked
Find your way into AG Capital
Sign up to see every warm intro you have to AG Capital
- Paths you didn't know you had: your email and LinkedIn already hold routes to the AG Capital team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Investment thesis
AG Capital is an independent, owner-managed investor focused on innovative mid-sized companies. It provides growth equity and buy-out capital, pursuing a flexible approach that adapts to various investment situations. The firm emphasizes an entrepreneurial mindset and hands-on involvement, positioning itself as a long-term partner to the Mittelstand. It pursues buy-and-build strategies, as seen in its consolidation of customer-experience/contact-center businesses in the DACH region, and forms strategic partnerships with family-owned and founder-led companies to secure their long-term development and open new growth opportunities.
Source: firm website, verified Aug 3, 2026.
Team · 15 people
from the firm's website & curatedJoint Managing Director of AG Capital with over 25 years in private equity management and SMEs. A founding member of Lead Equities where he rose to Managing Partner, and later a board member at MRHG Holding AG.
Managing Director of AG Capital since 2021 with over 25 years in private equity, investment banking, consulting and SMEs. Previously managed aws Mittelstandsfonds and worked at Noreia Capital, Alukönigstahl, Raiffeisen Investment/Lazard and PwC Corporate Finance.
Appointed Chief Operating Officer at Allegro Funds.
Investment Director with 9 years of private equity and M&A/restructuring advisory experience, at AG Capital since 2021. Previously worked at aws Mittelstandsfonds and in M&A/restructuring at Deloitte Vienna.
Investment Manager with consulting experience at BCG focused on M&A, restructuring and strategy, and previously a Senior Associate at Liechtenstein Group. CFA Level I. Note: bio text refers to her as 'Ms. Kristandl', likely a name mismatch on the page.
Investment Manager with over 5 years of private equity experience who joined AG Capital in 2021. Previously an investment manager at aws Mittelstandsfonds and began his career at Raiffeisen Bank. CFA charterholder.
Nicholas Viggor is Investment Director at AG Capital. He has 10 years of experience in private equity, mergers and acquisitions, and restructuring, with additional background in the hospitality sector.
Senior Controller with over 15 years in controlling and finance at Austrian and international banks. Previously Risk Manager at CA Immobilien and Head of Group Controlling at VTB Bank Europe. CFA charterholder.
Executive Assistant who joined AG Capital in February 2023, with several years of experience in assistance, office and event management.
Investment Associate with earlier experience in private equity, investment banking, venture capital and asset management, most recently at BlackFin Capital Partners and Corporate Finance Mittelstand. Holds degrees from University of Potsdam and Nova School of Business and Economics.
Investment Analyst at AG Capital and former co-founder and COO of AI software startup SalesPort. Earlier gained M&A experience at Deloitte and corporate banking experience at Raiffeisen Bank International.
Investment Analyst at AG Capital since 2024, having previously interned with the firm and in venture capital, asset management and consulting. Holds a Business and Economics degree from WU Vienna.
Investment Analyst at AG Capital since 2025, previously an assistant manager in KPMG's Deals & Strategy department. Holds degrees from WU Vienna and the University of Vienna.
CFO at Light Warrior since June 2021, previously CFO of Essential Media Communications and Financial Controller at the Cathy Freeman Foundation.
What they invest in
from 3 of 7 portfolio companiesConsumer ×1Direct to Consumer ×1E-commerce ×1Enterprise Software ×1FoodTech ×1Future of Work ×1Hardware ×1HR Tech ×1
HQs:Japan×3Germany×1
Investments · 7 tracked
founders shown can be your intro pathBy year:2021 · 12020 · 12019 · 13 dated
IDENTA Ausweissysteme GmbH is a German company that supplies ID card and badge systems.
Hardware
Japanese end-of-life services company that connects bereaved families to funeral homes and Buddhist monk-dispatch services online.
Tokyo, JP
芦沢 雅治(代表取締役 (Representative Director))Masaharu Ashizawain篠﨑 新悟(代表取締役 (Representative Director))
Co-investorsAG Capital Co. Ltd.Cygames CapitalGlobal BrainGlobis Capital PartnersHakuhodo DY VenturesNTT DOCOMO Ventures+7 more
HRBrain develops and provides cloud-based HR software for Japanese companies, including personnel evaluation, talent management, and organizational survey tools.
Enterprise SoftwareFuture of WorkHR TechSaaSTokyo, JP
堀 浩輝(代表取締役 CEO)白井 崇顕(取締役副社長 CRO)作井 英陽(取締役 CFO)
Co-investorsAG Capital Co. Ltd.Canal VenturesBEENEXTGenesia VenturesMizuho CapitalSMBC Venture Capital+2 more
Coco Gourmet (ココグルメ) makes fresh, veterinarian-supervised, grain-free homemade dog food using human-grade domestic Japanese meat, fish, and vegetables prepared through low-temperature cooking.
ConsumerDirect to ConsumerE-commerceFoodTech
Co-investorsAG Capital Co. Ltd.W Inc.DIMENSIONHakuhodo DY VenturesMitsubishi UFJ CapitalMizuho Capital+2 more
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Avaris CXSchubert GruppeWeber Cleaning Technologies
Frequently asked questions
- How many investments has AG Capital made?
- AG Capital has 7 tracked investments.
- What stage does AG Capital invest at?
- AG Capital invests at the Growth, Late Stage stages.
- What sectors does AG Capital focus on?
- AG Capital focuses on Sector Agnostic.
- Where is AG Capital located?
- AG Capital is headquartered in Vienna, AT.
Similar investors
Accel is a venture capital firm that partners with exceptional teams, positioning itself as a first partner to founders globally.
B Capital is a global investment firm backing early to late-stage technology innovators across technology, healthcare, and energy & resilience sectors.
Burda Principal Investments (BPI) is the later-stage and growth investment arm of Burda, backing entrepreneurs building global category leaders across multiple stages of development.
Channel 4 Ventures is the media-for-equity investment arm of Channel 4, the UK public service broadcaster, providing consumer brands with TV advertising budgets in exchange for equity rather than cash.
Drive Capital is a venture capital firm focused on backing companies located outside traditional coastal tech hubs, primarily across the American Midwest and other emerging markets, supporting founders from idea through IPO.






















.jpeg)

