About Hammer Team
Hammer Team, an accelerator and incubator program founded in 2014, is based in Cham, Switzerland. With a presence in 5 countries, it has supported around 25 startups in sectors like Enterprise Applications, High Tech. As of Aug 2026, Hammer Team has 1 unicorn under its belt and has witnessed 5 portfolio exits. Most notable companies in
its portfolio include Payoneer, Swvl and Scandit. The program is backed by a team of 4 people who primarily support Seed startups based in Switzerland. Its latest investment was a Undisclosed Seed round in Syntheticus on Sep 23, 2022.
Key Metrics
Founded Year
2014
Location
Cham, Switzerland
Sectors of Investment
Stages of Investment
Seed, Series A & 1 more
Locations of Investment
Unicorn in Portfolio
Hammer Team's List of Top Investments
Hammer Team has a portfolio of 25 companies, one of which is a Unicorn. Their most notable investments are in Imverse and Syntheticus.Their portfolio spans across Switzerland, United States, Australia and 2 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 13 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Hammer Team:1. Payoneer
Provider of cross-border payment solutions for freelancers, businesses, and marketplaces. The company facilitates payments, manages multiple currencies, and offers working capital advances. It provides tools for global workforce management, including compliant hiring and payment solutions. The company offers services such as contractor management and employer of record options.
Key facts about Payoneer
- Founded Year: 2005
- Location: New York City (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Acquired
- Total Funding till date: $269M
- Employee Count: 3,287 as on Jul 31, 2026
- Investors: Sprout Capital Partners, Viola Group and 23 Others
- Latest Funding Round: Series E, Dec 05, 2017, $*****
- Highlight: Acquired
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2. Swvl
App-based platform for shuttle services. It offers a platform where users can book buses and vans which can be shared by users going the same routes. It offers features like real-time tracking, variant payment options, etc. It also extends its services for businesses. The mobile app is available for iOS and Android devices.
Key facts about Swvl
- Founded Year: 2017
- Location: Cairo (Egypt)
- Stage: Public
- Total Funding till date: $100M
- Employee Count: 599 as on Jul 31, 2026
- Investors: Chimera, MSA Capital and 29 Others
- Latest Funding Round: Post IPO, Aug 31, 2026, $*****
- Highlight: Public
3. Scandit
Developer of smart data capture platform for various industry applications. The platform offers barcode scanning, ID scanning, and shelf intelligence capabilities. It provides tools for barcode scanning, ID scanning, and smart label capture. The platform supports multiple frameworks and languages for developers. It offers solutions for retail, supply chain, healthcare, and other industries.
Key facts about Scandit
- Founded Year: 2009
- Location: Zurich (Switzerland)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $273M
- Employee Count: 357 as on Jul 31, 2026
- Investors: Kreos Capital, Salesforce Ventures and 15 Others
- Latest Funding Round: Series D, Feb 09, 2022, $*****
- Highlight: Editors' Pick
4. Beekeeper
Provider of enterprise communication platform for multiple industries. It allows users to communicate with employees and team members. Its features include secure one-to-one, group messaging, private & personalized updates to the individual, content management, chatbots, information sharing, employee surveys, engagement analytics, and feedback polling. It also provides smart automation features such as workflow-based communication and scheduling of internal messaging campaigns.
Key facts about Beekeeper
- Founded Year: 2011
- Location: Zurich (Switzerland)
- Stage: Acquired
- Total Funding till date: $146M
- Employee Count: 360 as on May 31, 2026
- Investors: Kreos Capital, Atomico and 27 Others
- Latest Funding Round: Series C, Nov 08, 2022, $*****
- Highlight: Acquired
5. Squirro
Developer of generative AI platforms for enterprise data management tasks. The software integrates semantic search, knowledge graphs, and automated content classification to transform unstructured information into actionable intelligence. It supports service management operations by providing agents with historical data access, sentiment analysis, and automated responses. The technology functions across structured and unstructured data sources, utilizing retrieval-augmented generation to enhance accuracy and response reliability. Designed for use in regulated environments, the platform includes security features for data protection and auditability, while offering integration capabilities with existing business process management and service management tools.
Key facts about Squirro
- Founded Year: 2012
- Location: Zurich (Switzerland)
- Stage: Series B
- Total Funding till date: $15.5M
- Employee Count: 96 as on Jul 31, 2026
- Investors: Salesforce Ventures, Cross Continental Ventures and 13 Others
- Latest Funding Round: Series B, Aug 2022, $*****
- Highlight: Editors' Pick
Hammer Team's Year-on-Year Investment Trends
Hammer Team has invested in 25 companies over the last 7 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Syntheticus.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 2 | 0 | 2 |
2021 | 1 | 0 | 1 |
2020 | 0 | 0 | 0 |
2019 | 1 | 0 | 1 |
Hammer Team's Investments by Stage
Hammer Team has made 2 investments in Seed stage with an average round size of $2.78M, 1 investment in Series A stage with an average round size of $4.8M and 1 investment in Series B stage with an average round size of $45M.Stage of entry | No. of Investments |
|---|---|
Seed | 2 |
Series A | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Hammer Team's Investments by Sector
Hammer Team has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, High Tech, Artificial Intelligence - Industry Applications and Big Data - Industry Applications. Notably, it has invested in 24 Enterprise (B2B) companies, 24 Tech companies, 22 Software companies and at least 18 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 3 |
Enterprise Infrastructure | 2 |
High Tech | 2 |
Artificial Intelligence - Industry Applications | 1 |
Big Data - Industry Applications | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Hammer Team's Investments by Geography
Hammer Team has made most investments in Switzerland (3), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
Switzerland | 3 |
United States | 1 |
Note: We have considered here, only first round of investments
Hammer Team's recent investments
Hammer Team has not made any investment in 2026 so far.Here are the most recent investments by Hammer Team:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 23, 2022 | Switzerland | Seed | 5623 | - | |
Jun 16, 2022 | United States | Series A | 9892 | [+4] | |
Jun 17, 2021 | Switzerland | Seed | 1819 | [+3] | |
Sep 16, 2019 | Switzerland | Series B | 4720 | [+11] |
Unicorns in Hammer Team's Portfolio
Hammer Team has 1 unicorn in its portfolio - Scandit. The most recent unicorn in their portfolio is Scandit which became a unicorn in 2022, 4 years before Hammer Team first invested in it.Here is a list of unicorns in Hammer Team's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
77 | Developer of smart data capture platform for various industry applications | 2009 | Zurich | Series D | chvlqfl |
IPOs and Publicly Listed companies in Hammer Team's Portfolio
1 of Hammer Team's portfolio company became public - Swvl. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Mar 2021 at marketcap of $4.77MHere are Hammer Team's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 31, 2021 | - | - | 4604 |
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Acquired companies in Hammer Team's Portfolio
4 companies from Hammer Team's portfolio have been acquired. The most recent acquisition was Payoneer in Jun 2026 by Nuvei for $*****.Here are Hammer Team's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 15, 2026 | - | - | 4937 | |
Sep 16, 2025 | - | - | 1064 | |
Jul 02, 2025 | Sep 16, 2019 | Series B | 6705 | |
Nov 09, 2017 | - | - | 5980 |
Team profile of Hammer Team
Hammer Team has a team of 4 members including 2 Partners and 1 Principal located in Switzerland. Hammer Team's team does not sit on the board of any company as of now.Here is a list of all team members in Hammer Team:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Cham | - | ||
Partner | Zurich | - | ||
Principal | Zurich | - | - |
Co-investors of Hammer Team
Over the past 7 years, 30 investors have co-invested in Hammer Team's portfolio companies. This includes funds and angels.
- Invested before Hammer Team: Venture Kick, Keen Venture Partners and 12 others have invested in rounds before Hammer Team. There are 2 companies where Venture Kick has invested before Hammer Team and 1 company where Keen Venture Partners has invested before Hammer Team.
- Top Co-investors of Hammer Team: 12 investors entered a company along with Hammer Team. These include investors like Swisscanto (1 company).
- Invested after Hammer Team: A total of 4 investors have invested in Hammer Team's portfolio after their investments. Top Investors include Energize Capital (1 company) and Kreos Capital (1 company).
Recent News related to Hammer Team
•
Swiss startup Imverse scores €4.6 million for its game-changing solution for real-time 3D graphics and live hologramsEU-Startups•Jun 16, 2022•Imverse, HTC Corporation, Logitech, Hammer Team and 5 others
•
Cybersecurity startup secures CHF 2.3 millionStartupticker•Jun 17, 2021•Threatray, Verve Ventures, Hammer Team, Swiss ICT Investor Club and 1 other
