About Round2 Capital Partners
Round2 Capital Partners, established in 2015, is a private debt fund primarily based in Vienna, Austria. It specializes in financing Series B round of companies based in Germany. Its portfolio includes 19 firms, spanning the Enterprise Applications, Enterprise Infrastructure sectors.
As of Jul 2026, Round2 Capital Partners has witnessed 4 portfolio exits so far. Its most notable investments include companies like Zen Educate, Testbirds and Nect.
Its latest investment was a Undisclosed Conventional Debt round in PreciTaste on Jul 13, 2026.
Round2 Capital Partners' List of Top Investments
Round2 Capital Partners has a portfolio of 19 companies. Their most notable investments are in Testbirds and DealCircle.Their portfolio spans across Germany, Sweden, Switzerland and 4 more locations. They have invested in Enterprise Applications, Enterprise Infrastructure, Gig Economy and 10 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Round2 Capital Partners:1. Zen Educate
Provider of platform connecting educators with schools for temporary staffing. The platform enables schools to directly book educators based on their specific needs and preferences. It offers a streamlined process for finding and securing temporary teaching staff. The platform also provides educators with access to various job opportunities.
Key facts about Zen Educate
- Founded Year: 2017
- Location: London (United Kingdom)
- Annual Revenue: £50M - £100M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $76.3M
- Employee Count: 2,128 as on May 31, 2026
- Investors: FJ Labs, Round2 Capital Partners and 64 Others
- Latest Funding Round: Series B, May 21, 2024, $*****
- Highlight: Editors' Pick
2. Testbirds
Websites and mobile application crowd-testing platform. It provides testing solutions for applications of mobile devices that includes Android, iOS, Windows, Blackberry OS, web applications, wearables, and smart TV. The testers identify bugs and provide feedback. Features include prototyping, usability studies, competitive benchmarking, beta testing, bug-finding, and localization.
Key facts about Testbirds
- Founded Year: 2011
- Location: Munich (Germany)
- Stage: Acquired
- Total Funding till date: $14.7M
- Employee Count: 525 as on May 31, 2026
- Investors: b2venture, Round2 Capital Partners and 14 Others
- Latest Funding Round: Series B, May 01, 2023, $*****
- Highlight: Acquired
3. Nect
Nect provides solutions for identity verification. The product offered by the company includes card i dent and self i dent. The features offered by the product are ID scans, validation, user journey and digital remote identification. It also encrypts data traffic using SSL standard and provide protection from hackers.
Key facts about Nect
- Founded Year: 2017
- Location: Hamburg (Germany)
- Stage: Series B
- Total Funding till date: $2.7M
- Employee Count: 100 as on May 31, 2026
- Investors: Round2 Capital Partners, Alstin Capital and 8 Others
- Latest Funding Round: Series B, Mar 25, 2025, $*****
- Highlight: Editors' Pick
4. EvoluteIQ
Provider of low and no code intelligent business automation platform that enables digital transformation. It is an intelligent business automation platform that enables digital transformation by unified process orchestration, data and event processing, and generative AI. It enables users to plan and execute automation solutions, managed services, and digital governance management solutions. Other solutions include process intelligence, alliance management, and more. It focuses on streamlining processes across various industries, leveraging technologies such as low code and no code automation, generative AI, and robotic process automation.
Key facts about EvoluteIQ
Provider of digital insurance solutions for banks and insurers. It offers a platform that allows banks to expand their offerings with digital insurance products and services, creating customer loyalty. For insurers, the platform aids in digitalization and generating additional revenue from financial data, assisting advisors with client acquisition and retention. The platform features automated contract verification, transparent contract overviews, independent advice, and online appointment scheduling. It utilizes advanced technology, including PSD2 functionality and machine learning for data analysis and contract data extraction. The platform is designed with an intuitive user experience, placing the customer at the center.
Key facts about Friendsurance
- Founded Year: 2010
- Location: Berlin (Germany)
- Stage: Early Stage
- Total Funding till date: $15.3M
- Employee Count: 51 as on Mar 31, 2026
- Investors: Isomer Capital, Round2 Capital Partners and 8 Others
- Latest Funding Round: Unattributed, Jul 08, 2025, $*****
- Highlight: Editors' Pick
Round2 Capital Partners' Year-on-Year Investment Trends
Round2 Capital Partners has invested in 19 companies over the last 9 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 2 investments, while as of Jul 2026, it has made 2 investments in this year. Its most recent first time investment was in PreciTaste and most recent follow-on round was in EvoluteIQ.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 2 | 0 | 2 |
2024 | 3 | 3 | 6 |
2023 | 5 | 0 | 5 |
2022 | 0 | 1 | 1 |
2021 | 2 | 0 | 2 |
2020 | 3 | 0 | 3 |
2019 | 0 | 0 | 0 |
2018 | 0 | 0 | 0 |
2017 | 1 | 0 | 1 |
Round2 Capital Partners' Investments by Stage
Round2 Capital Partners has made 6 investments in Seed stage, 6 investments in Series A stage with an average round size of $6.48M, 4 investments in Series B stage with an average round size of $21.5M, 1 investment in Conventional Debt stage and 1 investment in Unattributed stage.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Series A | 6 |
Series B | 4 |
Conventional Debt | 1 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
Round2 Capital Partners' Investments by Sector
Round2 Capital Partners has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, Education, FinTech and High Tech. Notably, it has invested in 15 Tech companies, 14 Enterprise (B2B) companies, 12 Software companies and at least 8 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 15 |
Enterprise Infrastructure | 6 |
Education | 2 |
FinTech | 2 |
High Tech | 2 |
Others | 11 |
Note: We have considered here, only first round of investments
Round2 Capital Partners' Investments by Geography
Round2 Capital Partners has made most investments in Germany (8), followed by Sweden where it has made 2 investments.Country | No. of Investments |
|---|---|
Germany | 8 |
Sweden | 2 |
Switzerland | 2 |
United States | 2 |
Austria | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Round2 Capital Partners' recent investments
Round2 Capital Partners has made 2 investments in 2026 so far - PreciTaste and E-Learning-Group.Here are the most recent investments by Round2 Capital Partners:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 13, 2026 | United States | Conventional Debt | 3436 | - | |
May 05, 2026 | - | Seed | 5661 | - | |
Jul 08, 2025 | Germany | Unattributed | 7288 | - | |
Mar 25, 2025 | Germany | Series B | 5468 | - | |
Oct 29, 2024 | Sweden | Series A | 3343 | [+2] |
Acquired companies in Round2 Capital Partners' Portfolio
4 companies from Round2 Capital Partners' portfolio have been acquired. The most recent acquisition was Testbirds in Jun 2026 by UNGUESS for $*****.Here are Round2 Capital Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 10, 2026 | May 01, 2023 | Series B | 4039 | |
Nov 22, 2023 | Mar 23, 2021 | Series A | 4381 | |
Sep 29, 2022 | Jan 20, 2020 | Series A | 9045 | |
May 16, 2020 | Jul 2017 | Series A | 6314 |
Team profile of Round2 Capital Partners
Round2 Capital Partners has a team of 2 members located in Austria.Co-investors of Round2 Capital Partners
Over the past 9 years, 52 investors have co-invested in Round2 Capital Partners's portfolio companies. This includes funds and angels.
- Invested before Round2 Capital Partners: BayBG, Confidus Venture Capital and 32 others have invested in rounds before Round2 Capital Partners. There are 2 companies where BayBG has invested before Round2 Capital Partners and 2 companies where Confidus Venture Capital has invested before Round2 Capital Partners.
- Top Co-investors of Round2 Capital Partners: 8 investors entered a company along with Round2 Capital Partners. These include investors like FJ Labs (1 company).
- Invested after Round2 Capital Partners: A total of 10 investors have invested in Round2 Capital Partners's portfolio after their investments. Top Investors include Nordea (1 company) and Ph-ventures.com (1 company).
Recent News related to Round2 Capital Partners
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Nect receives 2.5 million euros investment for digital identity solutionsTrending Topics•Mar 25, 2025•Nect, Round2 Capital Partners
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EvoluteIQ: AI-Based Automation Company Raises $20 MillionPulse 2.0•Nov 07, 2024•EvoluteIQ, Round2 Capital Partners, Nordea, Dahlgren Capital and 1 other
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EvoluteIQ Secures USD 20million Funding to Fuel Growth and Innovation in AI-Powered AutomationBusinessnewsthisweek•Aug 31, 2024•EvoluteIQ, Round2 Capital Partners, Nordea, Dahlgren Capital and 2 others
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Phyron AB’s Series B Investment RoundGlobal Legal Chronicle•Aug 02, 2024•Phyron, Round2 Capital Partners, Hammarskiöld
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Phyron closes €10M Series B investment led by Round2 CapitalAIN.Capital•Jul 23, 2024•Phyron, Round2 Capital Partners
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Sweden-based Phyron secures €10M to scale its AI video platformSilicon Canals•Jul 09, 2024•Phyron, Round2 Capital Partners, Peter Vardy
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Round2 Capital leads €37M Series B round for Zen EducateAIN.Capital•May 30, 2024•Zen Educate, Round2 Capital Partners, Adjuvo, Brighteye Ventures and 2 others
