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About DN Capital
DN Capital is a venture capital firm founded in 2000. It is primarily based out of London, United Kingdom. As of Jul 2026, DN Capital is an active investor, having invested in 172 companies, with 6 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and High Tech. Most recently it participated in the $***** Seed round of Sherpa Overall, DN Capital portfolio has seen 7 unicorns, 6 IPOs and 52 acquisitions including key companies like Remitly, Olx and HomeToGo. A lot of funds co-invest with DN Capital, with names like FJ Labs sharing a substantial percentage of its portfolio. DN Capital has team of 30 people including 11 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 6 more
Portfolio IPOs
DN Capital's List of Top Investments
DN Capital has a portfolio of 172 companies, including 7 unicorns. Their most notable investments are in Paraglide and Lovespace.Their portfolio spans across United States, Germany, United Kingdom and 18 more locations. They have invested in Enterprise Applications, Consumer, High Tech and 29 other sectors, across stages such as Series A, Seed and 6 more. Here is the list of top investments by DN Capital:1. Remitly
Provider of international money transfer services with multiple delivery options. It facilitates secure international money transfers across numerous currencies. Funds can be received through options like bank accounts, mobile wallets, or cash pickup. The platform focuses on providing reliable and secure transfer solutions.
Key facts about Remitly
- Founded Year: 2011
- Location: Seattle (United States)
- Stage: Public
- Total Funding till date: $436M
- Employee Count: 3,392 as on Jul 31, 2026
- Investors: HTIF, ADS Ventures and 39 Others
- Latest Funding Round: Series F, Jul 29, 2020, $*****
- Highlight: Public
2. Olx
OLX is an online classifieds platform that enables its users to create ads and displays them on social networks.The platform enables its users to design ads with pictures and videos; control their selling, buying, and community activities in My OLX; display their ads on social networking profiles; access the site from their mobile phones, and view OLX accounts in their local languages.The company offers its services in the United States and internationally. As of August 4, 2010, OLX operates as a subsidiary of Myriad International Holdings B.V.
Key facts about Olx
- Founded Year: 2006
- Location: Hoofddorp (Netherlands)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Stage: Acquired
- Total Funding till date: $28.5M
- Employee Count: 58 as on May 31, 2026
- Investors: Bessemer Venture Partners, PROSPER and 6 Others
- Latest Funding Round: Series B, May 07, 2009, $*****
- Highlight: Acquired
3. HomeToGo
Online retailer of vacation rentals including houses, condos, and cabins. The company provides a platform for users to search and view potential rental properties. Details include property type, capacity, and amenities. The platform facilitates connections between property owners and individuals seeking short-term accommodations.
Key facts about HomeToGo
- Founded Year: 2014
- Location: Berlin (Germany)
- Annual Revenue: €100M - €500M as on Dec 31, 2022
- Stage: Acquired
- Total Funding till date: $26.7M
- Employee Count: 366 as on Jul 31, 2026
- Investors: Princeville Capital, Princeville Global and 12 Others
- Latest Funding Round: Series C, Dec 05, 2018, $*****
- Highlight: Acquired
4. Shazam
App-based music identification platform. It allows users to identify songs and connect them with artists, TV shows, ads, cinema, radio, and retail environments. The app is available for Android and iOS users. It also provides top music charts on various platforms.
Key facts about Shazam
- Founded Year: 2000
- Location: London (United Kingdom)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $149M
- Employee Count: 267 as on Jul 31, 2026
- Investors: Harmony Venture Partners, TriplePoint Capital and 21 Others
- Latest Funding Round: Series C, Feb 05, 2015, $*****
- Highlight: Acquired
5. Dott
Operator of shared electric scooters and bicycles for urban transit. The vehicles are available for short term rental to facilitate movement within metropolitan areas. The service provides access to motorized personal transport options through a digital interface. Maintenance and fleet management are handled internally to support vehicle availability.
Key facts about Dott
- Founded Year: 2018
- Location: Amsterdam (Netherlands)
- Stage: Series B
- Total Funding till date: $212M
- Employee Count: 623 as on Jul 31, 2026
- Investors: EQT, PROSPER and 21 Others
- Latest Funding Round: Conventional Debt, Jan 31, 2022, $*****
- Highlight: Editors' Pick
DN Capital's Year-on-Year Investment Trends
DN Capital has invested in 172 companies over the last 24 years, with an average of 8 new investments annually in the last 10 years. In 2025, it made 10 investments, while as of Jul 2026, it has made 7 investments in this year. Its most recent first time investment was in Sherpa and most recent follow-on round was in Fimple.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 6 | 1 | 7 |
2025 | 3 | 7 | 10 |
2024 | 3 | 2 | 5 |
2023 | 5 | 5 | 10 |
2022 | 9 | 8 | 17 |
2021 | 15 | 10 | 25 |
2020 | 6 | 11 | 17 |
2019 | 8 | 6 | 14 |
2018 | 11 | 11 | 22 |
2017 | 10 | 10 | 20 |
DN Capital's Investments by Stage
DN Capital has made 73 investments in Series A stage with an average round size of $10.9M, 53 investments in Seed stage with an average round size of $11.1M and 13 investments in Series B stage with an average round size of $18M.Stage of entry | No. of Investments |
|---|---|
Series A | 73 |
Seed | 53 |
Series B | 13 |
Series C | 2 |
Unattributed | 2 |
Others | 3 |
Note: We have considered here, only first round of investments
DN Capital's Investments by Sector
DN Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Retail and Vertical SaaS. Notably, it has invested in 155 Tech companies, 99 Enterprise (B2B) companies, 86 Consumer (B2C) companies and at least 84 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 64 |
Consumer | 54 |
FinTech | 25 |
Retail | 22 |
Vertical SaaS | 20 |
Others | 156 |
Note: We have considered here, only first round of investments
DN Capital's Investments by Geography
DN Capital has made most investments in United States (42), followed by Germany where it has made 39 investments.Country | No. of Investments |
|---|---|
United States | 42 |
Germany | 39 |
United Kingdom | 28 |
France | 7 |
Netherlands | 5 |
Others | 25 |
Note: We have considered here, only first round of investments
DN Capital's recent investments
DN Capital has made 7 investments in 2026 so far. Sherpa and Gaussion are the latest among them.Here are the most recent investments by DN Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 09, 2026 | Germany | Seed | 5913 | [+2] | |
Jun 29, 2026 | United Kingdom | Series B | 7860 | [+4] | |
Jun 04, 2026 | United Kingdom | Series A | 2462 | [+2] | |
Apr 29, 2026 | Germany | Seed | 9685 | [+3] | |
Mar 23, 2026 | Germany | Seed | 2629 | [+1] |
Unicorns in DN Capital's Portfolio
DN Capital has 7 unicorns in its portfolio - YASSIR, Incode, Jobandtalent and others. The most recent unicorn in their portfolio is YASSIR. It became a unicorn in 2022, 1 years after DN Capital first invested in it.Here is a list of unicorns in DN Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
73 | App-based platform offering ride-hailing and on-demand services | 2017 | Algiers | Series B | tzrwagf | ||
61 | Developer of identity verification software using biometric and document analysis | 2015 | San Francisco | Series B | lepqctt | ||
79 | Provider of an AI-powered platform connecting companies with frontline workers | 2008 | Madrid | Series F | zskjewc | ||
59 | Provider of SaaS-based solutions for dropshipping customized products | 2007 | Oslo | Series D | pqiqryx | ||
66 | Provider of online tutoring platform for K-12 students | 2016 | Vienna | Series D | y{ihxlr |
IPOs and Publicly Listed companies in DN Capital's Portfolio
6 of DN Capital's portfolio companies have become public. Remitly got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Sep 2021 at marketcap of $6.94B and Mister Spex got listed on the Frankfurt Stock Exchange (FRA) at marketcap of $930M.Here are DN Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 23, 2021 | Mar 11, 2015 | Series B | 4100 | |
Jul 02, 2021 | - | - | 9705 | |
Feb 04, 2021 | 2013 | Series A | 9261 | |
Jun 04, 2019 | - | - | 5485 | |
Dec 17, 2015 | - | - | 1538 |
Acquired companies in DN Capital's Portfolio
52 companies from DN Capital's portfolio have been acquired. The most recent acquisition was MEXT.ai in Jun 2026 by AMD for $*****.Here are DN Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 16, 2026 | - | - | 7273 | |
Apr 16, 2026 | Jul 10, 2018 | Series A | 1810 | |
Sep 19, 2025 | Dec 10, 2014 | Series A | 3578 | |
Aug 22, 2025 | Sep 2006 | Series A | 2626 | |
Aug 04, 2025 | - | - | 9441 |
Team profile of DN Capital
DN Capital has a team of 30 members including 11 Partners, 2 Venture Partners and 6 Principals located in United Kingdom, Germany and 2 more locations. DN Capital's team sits on the board of 1 company.Here is a list of top team members in DN Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | ||
Partner | London | - | - | |
Partner | Berlin | - | - | |
Partner | London | - | - | |
Partner | London | - | - | |
Partner | - | - | - | |
Partner | Palo Alto | - | - | |
Partner | Berlin | - | - | |
Partner | Berlin | - | - | |
Partner | Germany | - | - |
Co-investors of DN Capital
Over the past 24 years, 866 investors have co-invested in DN Capital's portfolio companies. This includes funds and angels.
- Invested before DN Capital: FJ Labs, Y Combinator and 231 others have invested in rounds before DN Capital. There are 7 companies where FJ Labs has invested before DN Capital and 3 companies where Y Combinator has invested before DN Capital.
- Top Co-investors of DN Capital: 282 investors entered a company along with DN Capital. These include investors like FJ Labs (8 companies).
- Invested after DN Capital: A total of 351 investors have invested in DN Capital's portfolio after their investments. Top Investors include Goldman Sachs (6 companies), FJ Labs (6 companies) and SVB (5 companies).
Recent News related to DN Capital
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Ex-DeepMind researchers raise £15m for AI firm AirspeedBusinessCloud•Jun 05, 2026•DN Capital, VI Partners, Framework Venture Partners, Atlassian
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London's Airspeed raises €17.2 million Series A fundingEU-Startups•Jun 04, 2026•DN Capital, Atlassian, Framework Venture Partners, VI Partners and 2 others
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AI Healthtech Startup Dehaze Raises €3.2M Funding Led By YZR CapitalStartup Rise EU•Apr 29, 2026•dehaze, DN Capital, , ZOHO and 3 others
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Interloom Technologies Raises $16.5M in Seed FundingFinSMEs•Mar 23, 2026•Interloom, Bek Ventures, Air Street Capital, DN Capital
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Paraglide Raises $5M in Seed FundingFinSMEs•Jan 27, 2026•Born Capital, Paraglide, DN Capital, Bessemer Venture Partners and 1 other
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Ben Secures $27.5M to Modernize Employee Benefits for Global EnterprisesStartup Rise EU•Dec 18, 2025•Ben, DN Capital, Cherry Ventures, QuantumLight and 2 others
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Revolut founder backs Ben in £21m Series B funding roundBusinessCloud•Dec 17, 2025•Ben, DN Capital, Seedcamp, Cherry Ventures and 4 others
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Munich-based EDURINO secures €17M in Series B to spearhead digital education for kids in EuropeEU-Startups•Jul 03, 2025•Edurino, Ravensburger Group, Summiteer, DN Capital and 1 other
