About NeV
NeV is a venture capital firm founded in 2008. It is primarily based out of Lafayette, United States. As of Aug 2018, NeV has invested in 4 companies. It primarily invests in Seed round in Germany based startups. Its investments are spread across Enterprise Applications and HealthTech sectors. Most recently it participated in the $***** Seed round of Freeletics Overall, NeV portfolio has seen 1 acquisition, namely Sharecare. A lot of funds co-invest with NeV, with names like JAZZ Venture Partners sharing a substantial percentage of its portfolio. NeV has team of 4 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio Acquisitions
NeV's List of All Investments
NeV has a portfolio of 4 companies. Their most notable investments include Sharecare and Freeletics.Their portfolio spans across United States and Germany. They have invested in Enterprise Applications, HealthTech, across Seed stage. Here is the list of all investments by NeV:1. Sharecare
Provider of health and wellness social network for employees. It offers a platform that provides personalized health-related information, programs, and resources to consumers. It provides tools for tracking health metrics such as weight, sleep, and activity levels, allowing users to manage their health. It allows users to fill out their profile with details like height, weight, age, insurance information, primary care physician, and current medications.
Key facts about Sharecare
- Founded Year: 2010
- Location: United States
- Annual Revenue: $100M - $500M as on Dec 31, 2023
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $64M
- Employee Count: 3,866 as on Jul 31, 2026
- Investors: UNC Kenan-Flagler Private Equity, Summit Partners and 25 Others
- Latest Funding Round: Series C, Oct 29, 2019, $*****
- Highlight: Acquired
2. Freeletics
Provider of an application for fitness coaching plans. The app suggests personalized exercise plans based on the fitness goal without the use of weights or equipment in the free version. In the premium version, users get individualized coaching to attain fitness results.
Key facts about Freeletics
- Founded Year: 2013
- Location: Munich (Germany)
- Annual Revenue: €10M - €50M as on Dec 31, 2022
- Stage: Series B
- Total Funding till date: $70M
- Employee Count: 100 as on Jul 31, 2026
- Investors: Cava, GoldenArc Capital and 14 Others
- Latest Funding Round: Series B, Sep 23, 2020, $*****
- Highlight: Editors' Pick
3. US Fitness
Online platform for the purchase of fitness and gym equipment. The products include equipment, gym flooring accessories, outdoor fitness accessories, apparel, and more.
Key facts about US Fitness
- Founded Year: 1991
- Location: Raleigh (United States)
- Stage: Late Stage
- Employee Count: 34 as on Jul 31, 2026
- Investors: Delos Capital, NeV and 1 Other
- Latest Funding Round: PE, May 29, 2018, $*****
NeV's Year-on-Year Investment Trends
NeV has invested in 7 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 Freeletics.NeV's Investments by Stage
NeV has made 2 investments in Seed stage.NeV's Investments by Sector
NeV has a diverse portfolio, with companies operating in the HealthTech and Enterprise Applications. Notably, it has invested in 3 Tech companies, 2 Consumer (B2C) companies, 1 Enterprise (B2B) company and 1 company focusing on Software.Sector | No. of Investments |
|---|---|
HealthTech | 2 |
Enterprise Applications | 1 |
Note: We have considered here, only first round of investments
NeV's Investments by Geography
NeV has made most investments in Germany (1), followed by United States where it has made 1 investment.NeV's recent investments
NeV has not made any investment in 2026 so far.Here are the most recent investments by NeV:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 16, 2018 | Germany | Seed | 5062 | [+6] | |
Jun 15, 2011 | United States | Seed | 3374 | - |
Acquired companies in NeV's Portfolio
1 company from NeV's portfolio has been acquired. The most recent acquisition was Sharecare in Jun 2024 by Altaris for $*****.Here are NeV's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 21, 2024 | Jun 15, 2011 | Seed | 3436 |
Team profile of NeV
NeV has a team of 4 members including 1 Partner and 2 Principals located in United States and Mexico. NeV's team does not sit on the board of any company as of now.Here is a list of all team members in NeV:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | - | |
Principal | San Francisco | - | ||
Principal | Alvaro Obregon | - | - |
Co-investors of NeV
Over the past 15 years, 22 investors have co-invested in NeV's portfolio companies. This includes funds and angels.
- Top Co-investors of NeV: 7 investors entered a company along with NeV. These include investors like JAZZ Venture Partners (1 company).
- Invested after NeV: A total of 15 investors have invested in NeV's portfolio after their investments. Top Investors include CareFirst (1 company), Quest Diagnostics (1 company) and InvestMichigan! (1 company).
Recent News related to NeV
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Madonna, Hard Candy Fitness Countersue in Trademark LawsuitClub Industry•Aug 05, 2022•Hard Candy, Walmart, NeV
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Digital Fitness Company Freeletics Receives Investment from US InvestorsFinSMEs•Aug 16, 2018•Freeletics, FITLAB Fitness Club, NeV, Causeway Media Partners and 4 others
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San Francisco 49ers Team with Mark Mastrov to Open Health ClubClub Industry•Jun 13, 2018•San Francisco 49ers, NeV
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