About IDC Ventures
IDC Ventures is a venture capital firm founded in 2019. It is primarily based out of Copenhagen, Denmark. As of Dec 2025, IDC Ventures is an active investor, having invested in 37 companies, with 1 new investment 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 FinTech to Enterprise Applications and Retail. Most recently it participated in the $***** Series B round of Taiv Overall, IDC Ventures portfolio has seen 2 unicorns, 3 IPOs and 5 acquisitions including key companies like Lunar, Curve and Hastee. A lot of funds co-invest with IDC Ventures, with names like Fuel Venture Capital sharing a substantial percentage of its portfolio. IDC Ventures has team of 37 people including 9 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 3 more
Portfolio Unicorns
Portfolio Soonicorns
IDC Ventures' List of Top Investments
IDC Ventures has a portfolio of 37 companies, including 2 unicorns. Their most notable investments are in Tienda Pago and Taiv.Their portfolio spans across United States, Mexico, United Kingdom and 10 more locations. They have invested in FinTech, Enterprise Applications, Retail and 18 other sectors, across stages such as Series A, Series B and 3 more. Here is the list of top investments by IDC Ventures:1. Lunar
Developer of a digital bank for consumers and businesses. It offers services such as deposit accounts, money transfers, bill payments, and NFC-enabled debit cards for online or offline purchases. Its application is available for download from Android and iOS platforms.
Key facts about Lunar
2. RecargaPay
Mobile wallet and prepaid card provider. Users can make cellular recharges, utility bill payments, public transport payments, and also peer-to-peer transfers. The wallet can be reloaded through credit cards, bank transfers, or cash deposits in physical stores. Users can opt for a monthly subscription plan which offers features such as additional discounts, free automatic recharge, and recharge without an internet connection.
Key facts about RecargaPay
- Founded Year: 2004
- Location: Sao Paulo (Brazil)
- Stage: Series C
- Total Funding till date: $127M
- Employee Count: 588 as on Mar 31, 2026
- Investors: 10x Group, Staenberg Venture Partners and 26 Others
- Latest Funding Round: Series C, Oct 28, 2021, $*****
- Highlight: Editors' Pick
3. Curve
Provider of a digital wallet that consolidates cards and boosts value. It allows users to switch cards after purchases and skip foreign exchange fees. The wallet enables users to stack rewards on top of existing bank card points. It combines all cards into a single, secure application.
Key facts about Curve
- Founded Year: 2015
- Location: London (United Kingdom)
- Annual Revenue: £39.4M as on Dec 31, 2023
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $323M
- Employee Count: 267 as on Mar 31, 2026
- Investors: Isomer Capital, CE Innovation Capital and 105 Others
- Latest Funding Round: Series C, Mar 14, 2025, $*****
- Highlight: Acquired
4. Hastee
Online employee benefits platform for financial benefits. It is a platform for workers to avail of earned wages. It provides solutions for salaried workers, shift workers, and contract workers. The platform integrates with the existing payroll, time, and attendance software. It also offers an app for availing of earned wages. The app is available on iOS and Android devices.
Key facts about Hastee
- Founded Year: 2017
- Location: London (United Kingdom)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $272M
- Employee Count: 43 as on Jan 31, 2026
- Investors: Kaplan Group Investments, IDC Ventures and 31 Others
- Latest Funding Round: Series D, Dec 02, 2019, $*****
- Highlight: Acquired

5. CookUnity
Chef-crafted meal delivery service connecting chefs with food lovers. It is a meal delivery service that partners with chefs to provide restaurant-quality meals delivered directly to consumers. The platform empowers chefs, offering them a way to reach a broader audience and build their culinary businesses. The service provides a diverse menu with various cuisines and dietary options, emphasizing high-quality ingredients and culinary artistry. It offers flexible subscription plans, allowing customers to choose the number of meals per week and easily skip, pause, or cancel deliveries. The company focuses on sustainability, responsible sourcing, and chef support, aiming to create a positive impact on the food industry. It also offers business subscription programs, bringing chef-made meals to organizations. The website offers options to order now, login, explore the menu, and view FAQs.
Key facts about CookUnity
- Founded Year: 2014
- Location: New York City (United States)
- Stage: Series C
- Total Funding till date: $93.3M
- Employee Count: 838 as on Feb 28, 2026
- Investors: Gaingels, Evolution VC Partners and 25 Others
- Latest Funding Round: Grant (prize money), Nov 24, 2025, $*****
- Highlight: Editors' Pick
IDC Ventures' Year-on-Year Investment Trends
IDC Ventures has invested in 37 companies over the last 7 years, with an average of 4 new investments annually in the last 5 years. In 2025, it made 3 investments. Its most recent first time investment was in Taiv and most recent follow-on round was in Taiv.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 2 | 3 |
2024 | 1 | 1 | 2 |
2023 | 0 | 2 | 2 |
2022 | 11 | 2 | 13 |
2021 | 8 | 4 | 12 |
2020 | 2 | 0 | 2 |
2019 | 2 | 0 | 2 |
IDC Ventures' Investments by Stage
IDC Ventures has made 12 investments in Series A stage with an average round size of $12.9M, 7 investments in Series B stage with an average round size of $27.4M, 3 investments in Series C stage with an average round size of $43.3M, 2 investments in Series D stage with an average round size of $323M and 1 investment in Conventional Debt stage.Stage of entry | No. of Investments |
|---|---|
Series A | 12 |
Series B | 7 |
Series C | 3 |
Series D | 2 |
Conventional Debt | 1 |
Note: We have considered here, only first round of investments
IDC Ventures' Investments by Sector
IDC Ventures has a diverse portfolio, with companies operating in the FinTech, Enterprise Applications, Consumer, Financial Services and Retail. Notably, it has invested in 33 Tech companies, 20 Consumer (B2C) companies, 16 Enterprise (B2B) companies and at least 16 companies focusing on Software.Sector | No. of Investments |
|---|---|
FinTech | 15 |
Enterprise Applications | 9 |
Consumer | 7 |
Financial Services | 4 |
Retail | 4 |
Others | 28 |
Note: We have considered here, only first round of investments
IDC Ventures' Investments by Geography
IDC Ventures has made most investments in United States (7), followed by United Kingdom where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 7 |
United Kingdom | 3 |
Brazil | 2 |
Colombia | 2 |
Denmark | 2 |
Others | 10 |
Note: We have considered here, only first round of investments
IDC Ventures' recent investments
IDC Ventures has not made any investment in 2026 so far.Here are the most recent investments by IDC Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 19, 2025 | Canada | Series B | 5507 | [+3] | |
Jun 09, 2025 | Canada | Series A | 9828 | [+3] | |
Mar 14, 2025 | United Kingdom | Series C | 6065 | [+3] | |
Oct 03, 2024 | Guatemala | Series B | 8424 | ||
Feb 20, 2024 | United States | Series A | 3405 | [+7] |
Unicorns in IDC Ventures' Portfolio
IDC Ventures has 2 unicorns in its portfolio - Lunar and Tradeshift. The most recent unicorn in their portfolio is Lunar. It became a unicorn in 2021.Here is a list of unicorns in IDC Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
78 | Developer of a digital bank for consumers and businesses | 2015 | Aarhus | Series D | coxdbzp | ||
55 | Provider of cloud platform for e-invoicing, AP automation, and global compliance | 2010 | San Francisco | Series G | vbh{cvi |
IPOs and Publicly Listed companies in IDC Ventures' Portfolio
3 of IDC Ventures' portfolio companies have become public. Ethos got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jan 2026 at marketcap of $1.1B and Merqueo got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ).Here are IDC Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 29, 2026 | - | - | 2715 | |
Dec 27, 2022 | Jul 29, 2021 | Series C | 3866 | |
Oct 16, 2008 | - | - | 4390 |
Acquired companies in IDC Ventures' Portfolio
5 companies from IDC Ventures' portfolio have been acquired. The most recent acquisition were Curve in Nov 2025 by Lloyds Banking Group for $158M.Here are IDC Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 14, 2025 | Jan 29, 2019 | Series B | 5416 | |
Jun 16, 2025 | Dec 02, 2019 | Series D | 2900 | |
Jan 13, 2022 | - | - | 6065 | |
Nov 15, 2021 | Oct 06, 2020 | Series C | 7861 | |
Jul 27, 2021 | Oct 28, 2020 | Series B | 9940 |
Team profile of IDC Ventures
IDC Ventures has a team of 37 members including 9 Partners and 6 Principals located in United States, Spain and 3 more locations. IDC Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in IDC Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Madrid | - | ||
Partner | Miami | - | ||
Partner | Guatemala City | - | ||
Partner | Miami | - | ||
Partner | Madrid | - | ||
Partner | United States | - | ||
Partner | Madrid | - | ||
Partner | Spain | - | - | |
Partner | Spain | - | ||
Principal | Mexico City | - | - | |
Principal | United States | - |
Co-investors of IDC Ventures
Over the past 7 years, 295 investors have co-invested in IDC Ventures's portfolio companies. This includes funds and angels.
- Invested before IDC Ventures: Mouro Capital, FJ Labs and 173 others have invested in rounds before IDC Ventures. There are 3 companies where Mouro Capital has invested before IDC Ventures and 2 companies where FJ Labs has invested before IDC Ventures.
- Top Co-investors of IDC Ventures: 73 investors entered a company along with IDC Ventures. These include investors like Fuel Venture Capital (3 companies).
- Invested after IDC Ventures: A total of 47 investors have invested in IDC Ventures's portfolio after their investments. Top Investors include Fuel Venture Capital (2 companies), Fuel Ventures (2 companies) and Heartland Ventures (1 company).
Recent News related to IDC Ventures
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Taiv raises $13M to expand its AI-powered in-venue ad networkContentGrip•Feb 10, 2026•IDC Ventures, Taiv, Garage Capital, Y Combinator and 1 other
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Y Combinator Startups May Now Receive Funding in USDCCrowdfund Insider•Feb 05, 2026•Y Combinator, Circle, IDC Ventures, Garage Capital and 4 others
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Lloyds Banking Group signs £120m deal to acquire digital wallet provider CurveBitcoin Insider•Nov 18, 2025•Curve, Lloyds Banking Group, IDC Ventures
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Taiv Secures $16.5M Funding to Transform Venue Entertainment with AI-Powered Screen ControlRefresh Miami•Jun 10, 2025•Taiv, IDC Ventures, Emerging Ventures, Gaingels and 3 others
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Curve secures £37M to launch Curve Pay in 2025, nearing profitability.Fintech Finance•Mar 14, 2025•Curve, Hanaco Ventures, Fuel Ventures, IDC and 2 others
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IDC Ventures launches €150 million Fund of Funds, expanding global VC platformEU-Startups•Feb 27, 2025•IDC Ventures, , Soma Capital, G Squared
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IDC Ventures unveils €150M venture fund, aiming to diversify tech investments across Europe and beyondTech Funding News•Feb 27, 2025•IDC Ventures
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Influur Raises $10m Series A To Fuel Influencer Marketing InnovationRefresh Miami•Nov 14, 2024•Influur, HTwenty, Point72 Ventures, Magma Partners and 7 others
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Osigu raises $25M, partners with Visa to transform healthcare payments in Latin AmericaRefresh Miami•Oct 25, 2024•Osigu, Visa, IDC Ventures, American Express