Where is H14's headquarters located?

H14's headquarters is located in Milan (Italy).

How big is H14's investment team?

H14 has a team of 15, including 4 partners.

How many companies has H14 invested in?

H14 has invested in 12 companies, including Deliveroo & Contentsquare.

Which companies has H14 invested in lately?

WeRoad & Fleek are the latest investments by H14.

What sectors does H14 focus on for investments?

Top sectors in H14's portfolio are Enterprise Applications (4 investments) and Consumer (9 investments).

What stages of companies does H14 typically invest in?

H14 primarily invests in Series C and Series A stages.

How many exits has H14 been involved in?

H14's portfolio has seen 1 acquisition.

How many unicorns are there in H14's portfolio?

There are 4 unicorns in H14's portfolio.

H14 - 2026 Investor Profile, Portfolio, Team & Investment Trends

H14 is a family office founded in 1978. It is primarily based out of Milan, Italy. As of Oct 2026, H14 is an active investor, having invested in 12 companies, with 2 new investments in the last 12 months. It primarily invests in Series C round in Germany based companies. Its investments are spread across a wide range of sectors from Enterprise Applications, Consumer. Its latest investment was a $11.5M Series C round in WeRoad on Aug 04, 2026, which also saw participation from OneDay and Airbnb.

Overall, H14 portfolio has seen 4 unicorns and 1 acquisition including key companies like Deliveroo, Contentsquare and Secret Escapes. A lot of funds co-invest with H14, with names like HarbourVest Partners sharing a substantial percentage of its portfolio.

H14 has a team of 15 people including 4 partners.

Key Metrics

Founded Year

1978

Location

Milan, Italy

Portfolio Companies

Deliveroo, Contentsquare & 10 more

Sectors of Investment

Enterprise Applications, Consumer & 10 more

Stages of Investment

Series C, Series A & 2 more

Locations of Investment

Germany, United Kingdom & 4 more

Unicorn in Portfolio

Forto, sennder & 2 more

View H14's full profile

H14 has a portfolio of 12 companies, including 4 unicorns. Their most notable investmentis in QualifyzeTheir portfolio spans across Germany, United Kingdom, United States and 3 more locations. They have invested in Enterprise Applications, Consumer, FinTech and 9 other sectors, across stages such as Series C, Series A and 2 more. Here is the list of top investments by H14:

1. Deliveroo

Operator of an online marketplace connecting consumers with local merchants. This platform facilitates the delivery of prepared meals, groceries, and retail products from various vendors to residential and commercial addresses. Logistics technology coordinates the movement of goods between suppliers and recipients. The service manages the fulfillment process to ensure items are transported from the point of sale to the final destination.

Key facts about Deliveroo

Founded Year: 2013
Location: London (United Kingdom)
Last Known Valuation: $*****
Stage: Acquired
Total Funding till date: $2.95B
Employee Count: 11,488 as on Sep 30, 2026
Investors: Colt Ventures, T. Rowe Price and 122 Others
Latest Funding Round: Series H, Jan 16, 2021, $*****
Highlight: Acquired

2. Contentsquare

Provider of digital experience analytics software for monitoring user behavior. This platform captures interaction data to visualize how individuals navigate websites and mobile applications. It identifies technical errors, performance slowdowns, and navigation obstacles that impact conversion rates. The software includes tools for session replay, heatmaps, and journey mapping to analyze customer interactions. Additionally, it integrates feedback collection and conversation analysis to interpret user intent and sentiment. These capabilities allow for the identification of friction points within digital interfaces to facilitate technical and design improvements.

Key facts about Contentsquare

Founded Year: 2012
Location: Paris (France)
Annual Revenue: €1M - €10M as on Dec 31, 2017
Valuation: $*****
Stage: Series F
Total Funding till date: $1.21B
Employee Count: 1,671 as on Sep 30, 2026
Investors: Kreos Capital, Goldman Sachs and 22 Others
Latest Funding Round: Series F, Jul 21, 2022, $*****
Highlight: Editors' Pick

3. Secret Escapes

Retailer of discounted travel packages for hotels and holiday stays. This business facilitates the booking of accommodation and travel arrangements by sourcing inventory from hospitality providers. It operates a membership model to provide access to reduced rates for various lodging options and vacation packages. The service includes options for flight-inclusive trips and additional amenities such as late checkouts or room upgrades. Financial protection is provided for specific travel services in accordance with regulatory requirements.

Key facts about Secret Escapes

Founded Year: 2010
Location: London (United Kingdom)
Annual Revenue: £100M - £500M as on Dec 31, 2024
Valuation: $*****
Stage: Series D
Total Funding till date: $333M
Employee Count: 540 as on May 31, 2026
Investors: Atlas Venture, Merian Global Investors and 24 Others
Latest Funding Round: Series D, May 27, 2020, $*****
Highlight: Editors' Pick

4. Forto

Provider of tech-enabled freight forwarding services. Its platform enables multi-modal cargo transport and freight forwarding. It includes features like fulfillment and warehousing through its logistics partners, contract management and negotiation, online shipment booking and tracking, real-time quotations, documentation, customs clearance, and goods consolidation.

Key facts about Forto

Founded Year: 2016
Location: Berlin (Germany)
Valuation: $*****
Stage: Series D
Total Funding till date: $610M
Employee Count: 483 as on Aug 31, 2026
Investors: Disruptive, Northzone and 30 Others
Latest Funding Round: Series D, Mar 07, 2022, $*****
Highlight: Editors' Pick

5. Unobravo

Online platform for psychologist consultation. The platform provides a compiled questionnaire for users to connect with a suitable psychologist based on the needs and requirements. Users can get remote counseling sessions from psychologists.

Key facts about Unobravo

Founded Year: 2015
Location: Naples (United States)
Stage: Series A
Total Funding till date: $17.4M
Employee Count: 3,777 as on Aug 31, 2026
Investors: Northzone, H14 and 7 Others
Latest Funding Round: Series A, Dec 13, 2023, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

H14 has invested in 12 companies over the last 10 years, with an average of 1 new investment annually in the last 10 years. As of Aug 2026, it has made 3 investments in this year. Its most recent first time investment was in Fleek and most recent follow-on round was in WeRoad.

Here are H14's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	2	1	3
2025	0	0	0
2024	0	1	1
2023	2	0	2
2022	0	0	0
2021	2	0	2
2020	1	1	2
2019	1	1	2
2018	2	0	2

View all investments by H14

H14 has made 5 investments in Series C stage with an average round size of $71.6M, 2 investments in Series A stage with an average round size of $12M, 2 investments in Series B stage with an average round size of $33.5M and 2 investments in Series E stage with an average round size of $352M.

Here are H14's investments by stage:

Stage of entry	No. of Investments
Series C	5
Series A	2
Series B	2
Series E	2

Note: We have considered here, only first round of investments

View all investments by H14

H14 has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Retail, Transportation and Logistics Tech and HealthTech. Notably, it has invested in 12 Tech companies, 7 Consumer (B2C) companies, 5 Enterprise (B2B) companies and at least 5 companies focusing on Software.

Here are H14's investments by sector:

Sector	No. of Investments
Consumer	8
Enterprise Applications	4
Retail	3
Transportation and Logistics Tech	3
HealthTech	2
Others	10

Note: We have considered here, only first round of investments

View all investments by H14

H14 has made most investments in Germany (3), followed by United States where it has made 3 investments.

Here are H14's investments by geography:

Country	No. of Investments
Germany	3
United States	3
France	2
United Kingdom	2
Denmark	1
Others	1

Note: We have considered here, only first round of investments

View all investments by H14

H14 has made 3 investments in 2026 so far. WeRoad and Fleek are the latest among them.

Here are the most recent investments by H14:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Aug 04, 2026	WeRoad	Italy	Series C	4297	OneDay [+1]
Jul 08, 2026	Fleek	United States	Series B	1595	Burda Principal Investments ... [+5]
May 27, 2026	WeRoad	Italy	Series C	8544	Airbnb
Sep 12, 2024	Qualifyze	Germany	Series B	9946	Insight Partners [+3]
Dec 13, 2023	Unobravo	United States	Series A	5549	Northzone [+1]

See more recent investments made by H14

H14 has 4 unicorns in its portfolio - Forto, sennder, Contentsquare and others. The most recent unicorn in their portfolio is Forto. It became a unicorn in 2021.

Here is a list of unicorns in H14's portfolio:

Filter this list

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
65	Forto	Provider of tech-enabled freight forwarding services	2016	Consumer [+2]	Berlin	Series D	sioedtr
59	sennder	Tech enabled trucking services	2015	Consumer [+2]	Berlin	Series D	tyk{xjd
71	Contentsquare	Provider of digital experience analytics software for monitoring user behavior	2012	Enterprise Applications	Paris	Series F	fbls{ma
55	Tradeshift	Provider of cloud platform for e-invoicing, AP automation, and global compliance	2010	Retail [+3]	San Francisco	Series G	hvurrga

View more details about unicorns in H14's portfolio

1 company from H14's portfolio has been acquired. The most recent acquisition was Deliveroo in May 2025 by DoorDash for $*****.

Here are H14's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Deliveroo	May 06, 2025	Aug 05, 2016	Series E	8529

View all acquired companies in H14's portfolio

H14 has a team of 15 members including 4 Partners and 4 Principals located in Italy. H14's team does not sit on the board of any company as of now.

Here is a list of top team members in H14:

Name	Designation	Location	Board Memberships	Contact Details
Luigi Berlusconi	Partner	Milan	-	1 Email
Barbara Berlusconi	Partner	-	-	1 Email
Emanuela Di Domizio	Partner	Milan	-	1 Email
Geronimo La Russa	Partner	Milan	-	1 Email
Riccardo Porcelli	Principal	Italy	-	1 Email
Fiammetta Roccia	Principal	Milan	-	1 Email
Lorenzo Garofalo	Principal	Milan	-	1 Email
Luigi Lonardi	Principal	Milan	-	1 Email

View team details of H14

Over the past 10 years, 137 investors have co-invested in H14's portfolio companies. This includes funds and angels.

Invested before H14: HV Capital, Accel and 67 others have invested in rounds before H14. There are 3 companies where HV Capital has invested before H14 and 2 companies where Accel has invested before H14.
Top Co-investors of H14: 28 investors entered a company along with H14. These include investors like HarbourVest Partners (2 companies).
Invested after H14: A total of 40 investors have invested in H14's portfolio after their investments. Top Investors include SoftBank Vision Fund (2 companies) and Amazon (1 company).