About Mountain Partners
Mountain Partners is a venture capital firm founded in 2005. It is primarily based out of Zurich, Switzerland. As of Jun 2023, Mountain Partners has invested in 219 companies. It primarily invests in Series A round in Germany 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 Pidge Overall, Mountain Partners portfolio has seen 1 unicorn, 12 IPOs and 57 acquisitions including key companies like eBay, Clovia and TIER. A lot of funds co-invest with Mountain Partners, with names like Grazia Equity sharing a substantial percentage of its portfolio. Mountain Partners has team of 9 people including 6 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 4 more
Portfolio Acquisitions
Portfolio Unicorns
Mountain Partners' List of Top Investments
Mountain Partners has a portfolio of 219 companies, one of which is a Unicorn. Their most notable investments are in Customer Alliance and YEAY.Their portfolio spans across Germany, United States, Indonesia and 19 more locations. They have invested in Enterprise Applications, Consumer, Retail and 32 other sectors, across stages such as Seed, Series A and 4 more. Here is the list of top investments by Mountain Partners:1. eBay
Online retailer of electronics, cars, fashion, collectibles, sports, and more. The platform provides a marketplace for buying and selling a wide array of products. Categories include automotive parts, clothing, art, sporting goods, health, beauty, industrial equipment, and home and garden items. The platform facilitates transactions between buyers and sellers.
Key facts about eBay
- Founded Year: 1995
- Location: San Jose (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Employee Count: 20,658 as on May 31, 2026
- Investors: Elliott Management, Starboard Value and 10 Others
- Latest Funding Round: Post IPO, Jan 22, 2019, $*****
- Highlight: Public
2. Pidge
Provider of technology-driven platform for end-to-end logistics and unified solutions. The company offers integration and allocation for business growth, route optimization, and rider management. It also provides allocation engines for deliveries with optimization to ensure order fulfillment. The platform facilitates private or shared fleet launches with custom serviceability, allocation, and order clubbing.
Key facts about Pidge
- Founded Year: 2019
- Location: Gurugram (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $23.8M
- Employee Count: 64 as on Mar 31, 2025
- Investors: CapFort Ventures, Indian Angel Network and 148 Others
- Latest Funding Round: Series A, Nov 19, 2025, $*****
- Highlight: Editors' Pick
3. smava
Smava is an aggregator of loan products and credit cards. It provides comparison platform for personal loans, annuity, line of credit, car loans, mortgage loans. It features a credit calculator and debt restructuring advisory services. It enables users to compare and buy loans online from multiple banks and lenders.
Key facts about smava
- Founded Year: 2007
- Location: Berlin (Germany)
- Annual Revenue: €10M - €50M as on Dec 31, 2017
- Stage: Series E
- Total Funding till date: $156M
- Employee Count: 320 as on May 31, 2026
- Investors: Kreos Capital, Vitruvian Partners and 24 Others
- Latest Funding Round: Conventional Debt, May 27, 2020, $*****
- Highlight: Editors' Pick
4. Clovia
Online retailer of lingerie, sleepwear, activewear, shapewear, swimwear, and innerwear. The company provides bras, panties, nightwear, activewear, and shapewear. It also offers personal care products, kidswear, and men’s innerwear. The business designs and manufactures its products, offering a variety of styles.
Key facts about Clovia
5. TIER
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 TIER
- Founded Year: 2018
- Location: Berlin (Germany)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $660M
- Employee Count: 413 as on May 31, 2026
- Investors: Goldman Sachs, SoftBank Group and 28 Others
- Latest Funding Round: Series D, Oct 25, 2021, $*****
- Highlight: Editors' Pick
Mountain Partners' Year-on-Year Investment Trends
Mountain Partners has invested in 224 companies over the last 17 years, with an average of 2 new investments annually in the last 10 years. Its most recent first time investment was in Pidge and most recent follow-on round was in Clovia.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 2 | 0 | 2 |
2021 | 3 | 0 | 3 |
2020 | 2 | 0 | 2 |
2019 | 2 | 0 | 2 |
2018 | 0 | 0 | 0 |
2017 | 4 | 0 | 4 |
Mountain Partners' Investments by Stage
Mountain Partners has made 16 investments in Seed stage with an average round size of $2.16M, 11 investments in Series A stage with an average round size of $8.77M and 2 investments in PE stage.Stage of entry | No. of Investments |
|---|---|
Seed | 16 |
Series A | 11 |
PE | 2 |
Series B | 2 |
Series C | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Mountain Partners' Investments by Sector
Mountain Partners has a diverse portfolio, with companies operating in the Consumer, Retail, FinTech, Enterprise Applications and Auto Tech. Notably, it has invested in 144 Tech companies, 110 Enterprise (B2B) companies, 102 Consumer (B2C) companies and at least 66 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 14 |
Retail | 10 |
FinTech | 8 |
Enterprise Applications | 7 |
Auto Tech | 3 |
Others | 35 |
Note: We have considered here, only first round of investments
Mountain Partners' Investments by Geography
Mountain Partners has made most investments in Germany (18), followed by Austria where it has made 2 investments.Country | No. of Investments |
|---|---|
Germany | 18 |
Austria | 2 |
Chile | 2 |
India | 2 |
China | 1 |
Others | 8 |
Note: We have considered here, only first round of investments
Mountain Partners' recent investments
Mountain Partners has not made any investment in 2026 so far.Here are the most recent investments by Mountain Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 02, 2023 | India | Seed | 3816 | [+17] | |
Oct 25, 2022 | United Kingdom | Seed | 2271 | [+3] | |
Feb 21, 2022 | Colombia | Series A | 7455 | [+3] | |
Oct 25, 2021 | Germany | Series D | 7623 | [+8] | |
Jul 12, 2021 | Saudi Arabia | Seed | 4896 | [+4] |
Unicorns in Mountain Partners' Portfolio
Mountain Partners has 1 unicorn in its portfolio - TIER. The most recent unicorn in their portfolio is TIER which became a unicorn in 2021.Here is a list of unicorns in Mountain Partners' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
67 | Operator of shared electric scooters and bicycles for urban transit | 2018 | Berlin | Series D | xihwyzc |
IPOs and Publicly Listed companies in Mountain Partners' Portfolio
12 of Mountain Partners' portfolio companies have become public. Merqueo got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Dec 2022 and Exasol got listed on the Frankfurt Stock Exchange (FRA) at marketcap of $230M.Here are Mountain Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 27, 2022 | - | - | 8586 | |
May 25, 2020 | - | - | 7346 | |
Oct 17, 2017 | - | - | 1560 | |
Jan 10, 2015 | - | - | 7872 | |
Jul 28, 2011 | - | - | 8929 |
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Acquired companies in Mountain Partners' Portfolio
57 companies from Mountain Partners' portfolio have been acquired. The most recent acquisition was InterNations in Jul 2026 by FairCap for $*****.Here are Mountain Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 17, 2026 | - | - | 2935 | |
Jul 06, 2026 | - | - | 2193 | |
Jun 16, 2025 | Jun 01, 2021 | Series C | 4766 | |
Jun 06, 2025 | - | - | 1400 | |
Apr 12, 2024 | - | - | 5582 |
Team profile of Mountain Partners
Mountain Partners has a team of 9 members including 6 Partners located in Switzerland, Germany and 2 more locations. Mountain Partners' team sits on the board of 1 company.Here is a list of all team members in Mountain Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Hamburg | - | ||
Partner | Wollerau | - | - | |
Partner | Zurich | |||
Partner | Chile | - | ||
Partner | Mexico City | - | ||
Partner | Switzerland | - |
Co-investors of Mountain Partners
Over the past 17 years, 349 investors have co-invested in Mountain Partners's portfolio companies. This includes funds and angels.
- Invested before Mountain Partners: Mubadala, Goldman Sachs and 196 others have invested in rounds before Mountain Partners. There are 2 companies where Mubadala has invested before Mountain Partners and 2 companies where Goldman Sachs has invested before Mountain Partners.
- Top Co-investors of Mountain Partners: 68 investors entered a company along with Mountain Partners. These include investors like Grazia Equity (2 companies).
- Invested after Mountain Partners: A total of 83 investors have invested in Mountain Partners's portfolio after their investments. Top Investors include German Startups Group (2 companies), Mountain Alliance (2 companies) and Start-Up Chile (2 companies).
Recent News related to Mountain Partners
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New Owners of Mt. Waterman Resort Plan Year-Round AccessConnect Media•Oct 19, 2024•Mountain Partners
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TVM Capital Life Science Announces €8 Million Investment in myo to Revolutionize Elderly Care via Innovative, Easy-to-Use AppBenzinga•Jan 31, 2024•TVM Capital, myo, Twip, Agaplesion and 4 others
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Emia Distribution and Mountain unveil DisplayPad, MacroPad keypadsTechCentral•Apr 11, 2023•Emia, Mountain Partners
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Mobile Payment Platform TPaga Raises USD10m Series A fom EWA Capital, New Ventures (en español)LAVCA•Feb 21, 2022•Tpaga, EWA Capital, Mountain Partners, Fondation Botnar and 1 other
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Tier rides away with $200M in fundingPhocusWire•Oct 25, 2021•Mountain Partners, M&G, Mubadala, SoftBank Vision Fund and 10 others
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Saudi start-up Speero raises $1.8 million pre-Series A fundingITP•Jul 12, 2021•Mountain Partners, Access Bridge Ventures, Impact46, Jimco and 5 others
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European Insurance Unicorn Wefox Notches $650 Million At $3 Billion ValuationPYMNTS.com•Jun 01, 2021•G Squared, Wefox, Jupiter Capital, FinTLV and 21 others
