About Amalfi Capital Management
Amalfi Capital Management is a venture capital firm founded in 2010. It is primarily based out of Shanghai, China. As of Sep 2023, Amalfi Capital Management has invested in 15 companies. It primarily invests in Seed round in Estonia based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Retail. Most recently it participated in the $***** Seed round of VOOL Overall, Amalfi Capital Management portfolio has seen 1 IPO and 3 acquisitions including key companies like Sonder, Spaceship and Qriously. A lot of funds co-invest with Amalfi Capital Management, with names like Hansa Grupp sharing a substantial percentage of its portfolio. Amalfi Capital Management has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio IPOs
Portfolio Soonicorns
Amalfi Capital Management's List of Top Investments
Amalfi Capital Management has a portfolio of 15 companies. Their most notable investments are in GScan and Ipsy.Their portfolio spans across United States, Australia, Estonia and 2 more locations. They have invested in Enterprise Applications, Consumer, Retail and 12 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Amalfi Capital Management:
1. Sonder
App-based platform for booking managed vacation rentals. Their platform allows users to book apartments by providing details including date of travel, number of guests, and destination. It also offers concierge services, toiletries, and kitchen essentials, as well as recommendations for nearby tourist attractions via the platform. Their app is available for iOS and Android devices.
Key facts about Sonder
- Founded Year: 2012
- Location: Thornton (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $680M
- Employee Count: 609 as on Sep 30, 2026
- Investors: Fidelity Investments, HarbourVest Partners and 42 Others
- Latest Funding Round: Post IPO, Apr 14, 2025, $*****
- Highlight: Public
2. Ipsy
Online subscription platform for beauty products. The company offers cosmetics products according to the skin tones for women such as foundation, eye color, lip stick, makeup brush, and more.
Key facts about Ipsy
- Founded Year: 2011
- Location: San Mateo (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $107M
- Employee Count: 604 as on Aug 31, 2026
- Investors: Graph Ventures, Omega Venture Partners and 12 Others
- Latest Funding Round: Series B, Sep 14, 2015, $*****
- Highlight: Editors' Pick
3. Spaceship
Spaceship provides an app-based superannuation fund for individuals to invest in technological companies. It offers a thematic investment platform which enables users to invest savings in the portfolios of technology companies. Offers Global Index and Growth X funds comprising of Australian and International shares. It charges administrative fees based on the investment amount. the app is available on Android and iOS platform.
Key facts about Spaceship
- Founded Year: 2016
- Location: Sydney (Australia)
- Annual Revenue: $50M - $100M as on Mar 31, 2023
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $31.1M
- Employee Count: 69 as on Sep 30, 2026
- Investors: Jungle Ventures, Grok Ventures and 15 Others
- Latest Funding Round: Series A, Aug 20, 2020, $*****
- Highlight: Acquired
4. GScan
Provider of solutions for advanced scanning and tomography services. It provides users with a platform that allows for the identification of compounds despite shielding by providing detailed 3D imaging of a variety of materials. Additionally, it specialises in evaluating the structural soundness of vital infrastructure, like tunnels and bridges.
Key facts about GScan
- Founded Year: 2018
- Location: Tallinn (Estonia)
- Annual Revenue: €1M - €10M as on Dec 31, 2023
- Stage: Seed
- Total Funding till date: $5.34M
- Employee Count: 62 as on Aug 31, 2026
- Investors: Amalfi Capital Management, Kelnase Holding Company and 34 Others
- Latest Funding Round: Seed, Mar 13, 2024, $*****
5. IVY
Online networking platform for professionals. The company provides a platform where users can access an array of professionals including entrepreneurs, artists, and others. Members get access to exclusive events for networking with members across different countries. It can be used to promote projects, find business partners, collaborate on work, and more.
Key facts about IVY
- Founded Year: 2011
- Location: New York City (United States)
- Stage: Series A
- Total Funding till date: $5.06M
- Employee Count: 392 as on Aug 31, 2026
- Investors: RiverPark Ventures, Musha Ventures and 4 Others
- Latest Funding Round: Series A, Jan 25, 2021, $*****
- Highlight: Editors' Pick
Amalfi Capital Management's Year-on-Year Investment Trends
Amalfi Capital Management has invested in 15 companies over the last 15 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in VOOL.Amalfi Capital Management's Investments by Stage
Amalfi Capital Management has made 3 investments in Seed stage with an average round size of $1.5M and 1 investment in Series A stage with an average round size of $3.8M.Stage of entry | No. of Investments |
|---|---|
Seed | 3 |
Series A | 1 |
Note: We have considered here, only first round of investments
Amalfi Capital Management's Investments by Sector
Amalfi Capital Management has a diverse portfolio, with companies operating in the Auto Tech, Consumer, Energy Tech, Enterprise Applications and Environment Tech. Notably, it has invested in 14 Tech companies, 9 Consumer (B2C) companies, 9 Software companies and at least 8 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Auto Tech | 1 |
Consumer | 1 |
Energy Tech | 1 |
Enterprise Applications | 1 |
Environment Tech | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
Amalfi Capital Management's Investments by Geography
Amalfi Capital Management has made most investments in Estonia (2), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
Estonia | 2 |
United Kingdom | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
Amalfi Capital Management's recent investments
Amalfi Capital Management has not made any investment in 2026 so far.Here are the most recent investments by Amalfi Capital Management:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 07, 2023 | Estonia | Seed | 4543 | [+4] | |
May 25, 2022 | Estonia | Seed | 3660 | ||
Sep 2012 | United States | Series A | 3886 | [+1] | |
Mar 07, 2011 | United Kingdom | Seed | 7391 |
IPOs and Publicly Listed companies in Amalfi Capital Management's Portfolio
1 of Amalfi Capital Management's portfolio company became public - Sonder. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Mar 2021.Here are Amalfi Capital Management's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 19, 2021 | - | - | 2815 |
Acquired companies in Amalfi Capital Management's Portfolio
3 companies from Amalfi Capital Management's portfolio have been acquired. The most recent acquisition was Spaceship in Sep 2024 by eToro for $*****.Here are Amalfi Capital Management's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 26, 2024 | - | - | 8604 | |
Oct 05, 2020 | - | - | 1016 | |
Mar 28, 2019 | Mar 07, 2011 | Seed | 7422 |
Team profile of Amalfi Capital Management
Amalfi Capital Management has a team of 1 member located in China. Amalfi Capital Management's team does not sit on the board of any company as of now.Co-investors of Amalfi Capital Management
Over the past 15 years, 24 investors have co-invested in Amalfi Capital Management's portfolio companies. This includes funds and angels.
- Invested before Amalfi Capital Management: 500 Global, Crosscut Ventures and 9 others have invested in rounds before Amalfi Capital Management. There is 1 company where 500 Global has invested before Amalfi Capital Management and 1 company where Crosscut Ventures has invested before Amalfi Capital Management.
- Top Co-investors of Amalfi Capital Management: 7 investors entered a company along with Amalfi Capital Management. These include investors like Hansa Grupp (1 company).
- Invested after Amalfi Capital Management: A total of 6 investors have invested in Amalfi Capital Management's portfolio after their investments. Top Investors include ACME (1 company), TPG (1 company) and Markus Villig (1 company).
Recent News related to Amalfi Capital Management
•
Nanordica Medical raises €1.75 millionArcticStartup•May 16, 2024•Nanordica Medical, Specialist, Super Angel, Amalfi Capital Management
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Estonian deep tech Nanordica Medical closes a €1.75M investment roundAIN.Capital•May 16, 2024•Specialist, Nanordica Medical, Superangel, Amalfi Capital Management
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Wirepas Raises $22M in FundingFinSMEs•Oct 31, 2023•Wirepas, Highland Europe, Amalfi Capital Management, In-Q-Tel and 6 others
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Estonian deep tech startup collects €1.4M for its safer scanning solution for material detectionArcticStartup•May 25, 2022•GScan, Amalfi Capital Management, Hansa Grupp
