ECONA AG
Venture capitalBerlin · Seed · 2 people tracked
Find your way into ECONA AG
212 people in our graph share verified history with the ECONA AG team — schools, employers, funds. One of them is your warm intro.
Investment thesis
ECONA supports ambitious entrepreneurs by providing capital, operational know-how and entrepreneurial experience, acting as a reliable long-term partner. The firm frequently co-founds companies, takes majority positions, and finances businesses through their growth, aiming to maximize their probability of success. Its portfolio spans consumer, direct-to-consumer, food, health/veterinary, insurance, fintech and marketplace businesses, mainly in the DACH region but also internationally (US, Southeast Asia). Since its founding in 1999 ECONA has pursued this hands-on, long-term approach to generate above-average results for the companies in its portfolio.
Source: firm website, verified Aug 7, 2026.
Team · 2 people
from the firm's website & curated
What they invest in
from 22 of 40 portfolio companiesConsumer ×7Marketplaces ×5E-commerce ×4Fintech ×4Healthtech ×4Direct to Consumer ×3Media & Entertainment ×3Retail Tech ×3
HQs:Germany×15Malaysia×3United States×2France×1
Investments · 40 tracked
founders shown can be your intro pathAction Pin is a producer of pine-derived products and ingredients operating a responsible, sustainable business model, and holds B Corp certification.
Impact & Social GoodNew Materials
Germany's first independent energy broker reducing energy costs for SMEs; sold to SWK Energie end of 2019.
ARMEDANGELS is a fashion brand offering sustainable clothing for women and men, including t-shirts, socks, and other apparel made with materials such as TENCEL.
Circular EconomyDirect to ConsumerE-commerce
New York-based D2C provider of high-quality hearing aids in the US.
HealthtechNew York, US
Patrick Freuler(Executive Officer, Director)inAndre Sequin(Executive Officer)
Co-investorsCatalio Capital Management, LPTIA VenturesHOWZAT Partners
ECONA invested in US geodata provider Vicinity Corp (1999 until Microsoft acquisition in 2002), whose products became Bing Maps.
Co-investorsActon CapitalAtlanticAtlantic Labs
Developer of big-data analytics applications on Apache Flink; sold to Alibaba in 2018.
DeepCode AI is a code-scanning technology from Snyk that combines symbolic and generative AI with machine learning methods and security-researcher expertise to detect security issues in code with high accuracy.
AI & Machine LearningCybersecurityDeveloper Tools
Boris Paskalev(Founder)in
Co-investors3VCEarlybird DWES Management GmbH & Co. KGEarlybird Venture CapitalEuropean Super Angels Club
World's largest social network; ECONA held a stake 2008-2010, sold before the IPO.
MSQRD(Cofounders of MSQRD)
Co-investorsAccelAccess Technology VenturesAvant Global LLCEverest GroupFounders FundFriends Family Capital+5 more
FINANZCHECK.de operates an online loan comparison platform that gathers individual credit offers from over 20 partner banks in Germany, covering installment loans, car loans, debt restructuring, mortgage financing, and small loans.
FintechMarketplacesHamburg, DE
Co-investorsActon CapitalCoastCapHighland EuropeTruVenturo GmbH
Traditional wood-oven bakery producing bread from only flour, water and salt, financed via the Sarah Wiener group.
iMoney is a Malaysian financial comparison website where users can compare, apply for, and earn rewards on financial products; this page lets consumers browse and compare unit trust (mutual fund) investments available in Malaysia.
FintechMarketplacesMedia & Entertainment
Co-investorsJungle VenturesRebright PartnersSpiral Ventures
iPrice Group operates a price comparison and shopping platform that helps consumers find the cheapest online prices by aggregating offers from e-commerce partners across Southeast Asia.
ConsumerE-commerceMarketplacesRetail TechKuala Lumpur, MY
David ChmelarinHeinrich WendelinPaul Brown-Kenyonin
Co-investors500 GlobalCento VenturesGlobal BrainZ Venture Capital
Löwenzahn Organics produces organic baby food and nutrition products—such as infant formula (Pre and follow-on milk in cow's and goat's milk varieties) and bone broth—along with products for mothers, focused on nutrition during the first 1,000 days from conception to a child's second birthday.
ConsumerDirect to ConsumerFoodTech
Co-investorsOyster Bay Venture Capital
myToys was an online shop for toys and family/children's products in Germany.
ConsumerE-commerceRetail Tech
nexmed operates radiology centers offering imaging services such as MRI scans using 3-Tesla equipment, with a focus on patient service and consultation.
HealthtechMedical DevicesDortmund, DE
PraxisEins operates and digitizes medical practices in Germany, using modern processes to reduce the administrative burden on medical staff and support practice succession for retiring physicians.
Digital HealthHealthtech
Food company built on quality, seasonal and regional ingredients; part of ECONA since 2003.
smava operates an online loan comparison platform in Germany that matches consumers with credit offers from over 20 partner banks for personal loans, car financing, debt consolidation, and mortgages.
FintechMarketplacesBerlin, DE
Co-investorsEarlybird DWES Management GmbH & Co. KGEarlybird Venture CapitalRuna Capital
Sparwelt.de is a German online shopping portal that researches and publishes vouchers, discount codes, deals, free samples and travel offers from various retailers, with editorially reviewed listings.
ConsumerE-commerceMedia & Entertainment
Tierarzt Plus Partner operates a network of small-animal veterinary practices and clinics across many regions of Germany, maintaining and building veterinary care structures.
Healthtech
WinLocal provides online marketing services including SEO, paid search advertising (Google Ads), and reputation management through its KennstDuEinen review portal for local service businesses, particularly in the carpentry and furniture-making trades across Germany.
AdTechMarketing TechRetail TechSaaSFrankfurt am Main, DE
Wunderflats operates an online platform for renting furnished apartments, connecting tenants, landlords, and companies.
MarketplacesPropTechTravel & Hospitality
Co-investorsAxel Springer Digital VenturesCreathor VenturesPT1TA VenturesIBB VenturesVerdane
XbyX offers supplements and fitness products, including collagen powders, capsules, fascia rollers, and video workout courses, designed specifically for women in midlife to support mobility, joints, skin, and hair.
Direct to ConsumerFemTechWellness & Fitness
Peggy Reichelt(Founder)
Co-investorsAuxxo
XING provides recruiting tools, advertising solutions, and professional networking premium services for businesses to find talent, reach target audiences, and increase company visibility within a professional network environment.
Enterprise SoftwareFuture of WorkHR TechSaaSSocialHamburg, DE
Co-investorsAviv Venture CapitalBitStone CapitalBrandenburg KapitalCJH Family Office GmbHFX VenturesIsaac Lidsky+3 more
Zynga is a mobile game developer and publisher that creates and acquires gaming franchises for mobile and social platforms.
ConsumerGamingCalifornia, US
Mark Pincus(Founder)inEric Schiermeyer(Founder)inFrank Gibeauin
Co-investorsAccelerator VenturesAndreessen HorowitzBaseline VenturesDag VenturesEntrée CapitalFoundry+10 more
Portfolio news
latest coverage across their companiesFinanzcheck · eu-startups.com · Jun 1, 2026
Frequently asked questions
- How many investments has ECONA AG made?
- ECONA AG has 40 tracked investments, 1 of which have exited via acquisition or IPO.
- What stage does ECONA AG invest at?
- ECONA AG invests at the Seed stage.
- What sectors does ECONA AG focus on?
- ECONA AG focuses on AI & Machine Learning, Consumer, Digital Health, Direct to Consumer, E-commerce, Fintech, FoodTech, InsurTech, Marketplaces, Media & Entertainment.
- Where is ECONA AG located?
- ECONA AG is headquartered in Berlin, DE.
- Who does ECONA AG co-invest with?
- ECONA AG most often shares deals with Acton Capital, Earlybird DWES Management GmbH & Co. KG, Earlybird Venture Capital, among 66 tracked co-investors.
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