Fundraising Fox

Round2 Capital Partners

Venture debt

Berlin · Series A–Late Stage · 14 people tracked

Also known as Round2 Capital Partners LP RAIF

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Investment thesis

Round2 Capital provides revenue-based financing to software entrepreneurs, enabling them to grow without giving up equity or control. Positioning itself as Europe's leading provider of revenue-based funding, the firm targets software businesses with recurring revenues and offers flexible funding solutions tailored to each company's goals. Its philosophy emphasizes steady, long-term, sustainable growth over short-term expansion, and it aims to help entrepreneurs readily access capital while retaining ownership of what they build.

Source: firm website, verified Aug 3, 2026.

Stage
Series A–Late Stage
Check
$1M – $5M
HQ
Berlin, DE
Instruments
Debt
Founded
2017
Tracked investments
42

Team · 14 people

from the firm's website & public directories
Heinz Marx· Managing Partner
Isabella Hermann-Schoen· Managing Partner
Stefan Nagel· Managing Partnerin𝕏
Isabella Hermann-Schön· Managing Partnerin
Hans Wikse· Advisory Board
Maximilian Held· Senior Investment Managerin
Niklas Törnkvist· Advisory Board
Sven Leissler· Advisory Board
Vinayak Bhattacharjee· Advisory Board
Wolfgang Hargassner· Advisory Board

What they invest in

from 34 of 42 portfolio companies

AI & Machine Learning ×12SaaS ×12Enterprise Software ×11Fintech ×5Cybersecurity ×4Developer Tools ×4EdTech ×4Data & Infrastructure ×3

HQs:Germany×12Austria×3Finland×1France×1United Kingdom×1Sweden×1

Investments · 42 tracked

founders shown can be your intro path
3GSM3gsm.atin

Company providing drone-based surface assessment and data collection solutions for hard-to-reach areas, including muck pile analysis.

Data & InfrastructureHardware

Actindoactindo.comin

Actindo provides a cloud-based commerce orchestration platform that centralizes order management, product information, point-of-sale, payment, and fulfillment across multiple channels and touchpoints.

E-commerceEnterprise SoftwareSaaS

Avallainavallain.comin

Avallain provides an all-in-one edtech platform combining AI-powered e-learning authoring, learning management system, and teacher tools for publishers, schools, institutions, and content providers.

AI & Machine LearningEdTechSaaS

Betterspacebetterspace360.comin

Betterspace provides an IoT platform for automated heating control in non-residential buildings such as hotels, care facilities, and offices.

CleantechIoTPropTech

Blue Fire AIbluefireai.com

Blue Fire AI develops Emmalyn, a neuro-symbolic AI framework for active investment decision-making, deployed by large asset managers either as a fully managed AI-native active asset manager or as a research service to improve investment strategies.

AI & Machine LearningEnterprise SoftwareFintech

Boltensternboltenstern.com

Boltenstern designs and sells luxury fine jewelry, including earrings, bracelets, necklaces, and rings offered across collections such as Embrace, Elements, Grace, and Affinity.

ConsumerDirect to ConsumerE-commerce

Clanedclaned.comin𝕏

Claned is an online learning platform that combines learning science, social learning, and AI-assisted design to help organizations create and deliver interactive courses.

AI & Machine LearningEdTechSaaS

Cookie Consent with Real Cookie Bannerdevowl.io

devowl.io develops WordPress plugins for website operators, including tools for GDPR compliance, file organization, media management, and content ordering.

Developer ToolsSaaSGermany, DE

DealCircledealcircle.comin

DealCircle provides AI-powered buyer matching technology for M&A advisors and investment professionals, automating the creation of targeted acquisition candidate lists from a database of over 250,000 contacts.

AI & Machine LearningEnterprise SoftwareSaaS

DRACOONdracoon.comin𝕏

DRACOON provides a cloud platform for secure file sharing and data exchange with Zero Trust security architecture.

Cloud ComputingCybersecurityEnterprise Software

E-Learning Groupe-learning-group.comin𝕏

E-Learning Group offers flexible online continuing education and distance learning programs in cooperation with accredited universities for working professionals.

EdTechHamburg, DE

Enviseenvise.ioin

Envise provides digital solutions for real estate projects, offering visualization and presentation tools for developers, property owners, and contractors across the entire project lifecycle from inception to aftermarket.

PropTech

EvoluteIQevoluteiq.comin

EvoluteIQ provides an agentic AI-powered business process automation platform that enables enterprise organizations to orchestrate, automate, and optimize workflows across industries.

AI & Machine LearningEnterprise Software

Friendsurancefriendsurance.comin

Friendsurance Business provides a white-label digital platform for bancassurance that enables banks and insurers to digitize insurance products and services for their customers through online banking integration.

FintechInsurTechBerlin, DE

HDS Grouphds-group.comin𝕏

HDS Group provides invoice digitization and document management software using OCR and AI to automatically extract invoice data, process supplier invoices, and archive documents for accounting teams and finance departments.

AI & Machine LearningFintechSaaS

Horse & Countryhorseandcountry.tv𝕏

Horse & Country Live is a digital streaming platform that broadcasts live equestrian sport events, training content, and original documentary programming for horse enthusiasts and competitors.

Media & EntertainmentSports Tech

Hoxhunthoxhunt.comin𝕏

Hoxhunt provides an AI-powered human risk management platform that automates security awareness and phishing training for enterprise employees through gamified, personalized simulations and interactive training modules.

AI & Machine LearningCybersecurityEnterprise Software

Internet Yieldiy.se

Internet Yield acquires and operates a portfolio of websites across multiple niches and geographies.

B2B MarketplacesSector Agnostic

Dan Egerstad(Founder)Adam Ljungrell(Founder)

Jacandojacando.com
Market Logicmarketlogicsoftware.comin𝕏

Market Logic provides an AI-powered platform for market research and consumer insights, enabling companies to discover, test, and monitor market opportunities.

AI & Machine LearningEnterprise SoftwareMarketing Tech

minubominubo.comin

minubo provides a data analytics platform that lets users create in-depth analyses, dashboards, and reports with a few clicks, offered with a guided demo shop and a free 14-day trial.

Data & InfrastructureRetail TechSaaS

Myprivateboutiquemyprivateboutique.ch
Myra Securitymyrasecurity.comin

Myra Security provides DDoS protection, bot defense, and cybersecurity services to safeguard digital infrastructure including financial institutions, healthcare, government, insurance, retail, energy, transportation, and utilities from cyberattacks and data breaches.

CybersecurityDefense TechEnterprise Software

NECTnect.comin𝕏

Nect provides a digital identity wallet and verification platform serving European users, offering secure digital identification, electronic signatures, and certified postal services through a single app compliant with European standards (eIDAS/EUDI).

Digital HealthFintechGovTech

Ocastocast.comin

Ocast is a platform that matches companies seeking marketing and advertising collaborations with connected agencies, media companies, and influencers.

Marketing Tech

ONTOPxontopx.com

ONTOPx is an independent manufacturer of LED lighting products and solutions.

CleantechHardwareLeutenbach-Nellmersbach, DE

Phyronphyron.comin

Phyron develops AI software that automatically transforms vehicle photos and inventory data into videos and advertisements for automotive dealers and marketplaces.

AI & Machine LearningMarketing Tech

Portagonportagon.comin

Portagon is a digital distribution platform for alternative investments that connects financial institutions and private investors at an institutional level.

Fintech

Proeinsproeins.de
Quivoquivo.coin

Quivo operates a fulfillment and logistics solution that synchronizes e-commerce shops with warehouses for automated order processing.

Logistics & Supply ChainSaaSWetzlar, DE

Salesimpactsalesimpact.ioin𝕏
Smartlockrsmartlockr.io
Testbirdstestbirds.comin𝕏

Testbirds provides crowdtesting and QA/UX testing services, leveraging a global community of real testers to validate digital products across devices and use cases.

Developer Tools

UNGUESSunguess.ioin

UNGUESS operates a crowdtesting platform that combines a profiled community of testers with proprietary technology to run functional testing, UX research, and security testing for companies.

AI & Machine LearningCybersecurityDeveloper ToolsEnterprise SoftwareSaaS

Vainuvainu.comin𝕏

Vainu provides company and contact data for Nordic businesses, including financial information, employee contacts, and technology insights.

Data & InfrastructureSaaSSales Tech

WeAreDeveloperswearedevelopers.comin𝕏

We Are Developers is a platform or community focused on software development practices, specifically promoting time-oriented software development (TOSD) methodologies rooted in lean manufacturing principles and organizational philosophy.

Developer ToolsEnterprise SoftwareVienna, AT

Workspace 365workspace365.netin

Workspace 365 provides an intelligent workspace platform that unifies employee access to multiple business applications, documents, and information in a single interface.

AI & Machine LearningEnterprise SoftwareFuture of Work

wwwcustomer-alliance.comin𝕏
XroadMediaxroadmedia.comin𝕏

XroadMedia provides AI-powered personalization software for media companies including broadcasters, streamers, and operators.

AI & Machine LearningMedia & EntertainmentSaaS

Zen Educatezeneducate.comin𝕏

Zen Educate operates a digital platform connecting schools to qualified substitute teachers and temporary educators.

B2B MarketplacesEdTechHR TechSaaSLondon, GB

Frequently asked questions

What stage does Round2 Capital Partners invest at?
Round2 Capital Partners invests at the Series A, Series B, Series C, Growth, Late Stage stages.
What is Round2 Capital Partners's typical check size?
Round2 Capital Partners typically writes checks of $1M – $5M.
What sectors does Round2 Capital Partners focus on?
Round2 Capital Partners focuses on E-commerce, Enterprise Software, Hardware, SaaS, Sector Agnostic.
Where is Round2 Capital Partners located?
Round2 Capital Partners is headquartered in Berlin, DE.

Images

Round2 Capital Partners photoRound2 Capital Partners photo

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