About northstar
northstar is a venture capital firm located in Luxembourg, Luxembourg. As of Jun 2025, northstar has invested in 29 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Retail and Consumer. Most recently it participated in the $***** Series B round of Salmon Group Overall, northstar portfolio has seen 9 unicorns and 2 acquisitions including key companies like Flutterwave, MoonPay and Eight Sleep. A lot of funds co-invest with northstar, with names like Pulse Fund sharing a substantial percentage of its portfolio. northstar has team of 4 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series B & 1 more
Portfolio Unicorns
northstar's List of Top Investments
northstar has a portfolio of 29 companies, including 9 unicorns. Their most notable investmentis in BeaconTheir portfolio spans across United States, Nigeria, United Kingdom and 4 more locations. They have invested in Enterprise Applications, Retail, Consumer and 18 other sectors, across stages such as Seed, Series B and 1 more. Here is the list of top investments by northstar:
1. Flutterwave
Provider of payment solutions for online and physical business transactions. It offers tools for accepting payments, payouts, transfers, and creating online stores. The company provides application programming interfaces for developers to integrate payment functionalities. It also facilitates tuition payments and event ticket purchases.
Key facts about Flutterwave
- Founded Year: 2016
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $489M
- Employee Count: 883 as on Jul 31, 2026
- Investors: Glynn Capital, Salesforce Ventures and 73 Others
- Latest Funding Round: Series E, Jul 07, 2026, $*****
- Highlight: Editors' Pick
2. MoonPay
Provider of platform for buying, selling, and swapping various cryptocurrencies. The platform facilitates the instant purchase of cryptocurrencies using various payment methods. It also enables users to sell cryptocurrencies directly to their bank accounts or cards. Additionally, the platform offers the ability to send and receive cryptocurrencies.
Key facts about MoonPay
- Founded Year: 2018
- Location: Dover (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $645M
- Employee Count: 467 as on Jul 31, 2026
- Investors: K2 Global, ARTFO Holdings and 81 Others
- Latest Funding Round: Conventional Debt, Mar 21, 2025, $*****
- Highlight: Editors' Pick
3. Eight Sleep
Provider of AI-based internet-first brand of mattress and smart mattress covers. It provides an AI-based internet-first brand of thermoregulated mattress, carbon air pillow, and smart mattress cover that is controlled via smartphone. It allows the user to set the temperature of the mattress independently and monitor the body vitals such as breathing and heart-rate variability. This control allows the user to fall asleep faster and improves the quality of sleep. The app can be connected with other smart devices to monitor sleep activity.
Key facts about Eight Sleep
- Founded Year: 2014
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $323M
- Employee Count: 259 as on Jul 31, 2026
- Investors: SoftBank Group, StartX and 88 Others
- Latest Funding Round: Series D, Mar 04, 2026, $*****
- Highlight: Editors' Pick
4. N26
Provider of mobile banking services, including savings, investment, and crypto. It offers various account options with different features and associated costs. These services include tools for managing finances, such as joint accounts, digital wallets, and options for adding funds. The company facilitates stock and ETF trading, along with the buying and selling of crypto assets.
Key facts about N26
- Founded Year: 2013
- Location: Berlin (Germany)
- Annual Revenue: €100M - €500M as on Dec 31, 2021
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $1.72B
- Employee Count: 2,357 as on Jul 31, 2026
- Investors: GIC, Dragoneer Investment Group and 49 Others
- Latest Funding Round: Series E, Oct 18, 2021, $*****
- Highlight: Editors' Pick
5. Citizen
Citizen is a digital media application which provides instant notifications and live broadcasts of locally reported crimes and incidents. Real-time updates, including videos, are provided by other users through the app itself. In addition, users can chat and communicate within the app to share information. Its mobile application is available for iOS and Android devices.
Key facts about Citizen
- Founded Year: 2017
- Location: New York City (United States)
- Stage: Series B
- Total Funding till date: $144M
- Employee Count: 204 as on May 31, 2026
- Investors: Sequoia Capital, Greenspring Associates and 23 Others
- Latest Funding Round: Series B, Dec 20, 2024, $*****
- Highlight: Editors' Pick
northstar's Year-on-Year Investment Trends
northstar has invested in 29 companies over the last 5 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in Salmon Group.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 1 | 0 | 1 |
2023 | 1 | 0 | 1 |
2022 | 1 | 0 | 1 |
2021 | 1 | 0 | 1 |
northstar's Investments by Stage
northstar has made 2 investments in Seed stage with an average round size of $10M, 2 investments in Series B stage with an average round size of $44.8M and 1 investment in Series C stage with an average round size of $200M.Stage of entry | No. of Investments |
|---|---|
Seed | 2 |
Series B | 2 |
Series C | 1 |
Note: We have considered here, only first round of investments
northstar's Investments by Sector
northstar has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Financial Services, Transportation and Logistics Tech and Vertical SaaS. Notably, it has invested in 26 Tech companies, 20 Enterprise (B2B) companies, 19 Software companies and at least 12 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Consumer | 2 |
Enterprise Applications | 2 |
Financial Services | 2 |
Transportation and Logistics Tech | 2 |
Vertical SaaS | 2 |
Others | 4 |
Note: We have considered here, only first round of investments
northstar's Investments by Geography
northstar has made most investments in United States (2), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 2 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
northstar's recent investments
northstar has not made any investment in 2026 so far.Here are the most recent investments by northstar:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 23, 2025 | - | Series B | 7383 | [+3] | |
Sep 19, 2024 | United States | Series C | 8104 | [+8] | |
Jul 20, 2023 | United States | Seed | 6943 | [+7] | |
Aug 26, 2022 | - | Seed | 9286 | ||
Aug 11, 2021 | United Kingdom | Series B | 9509 | [+4] |
Unicorns in northstar's Portfolio
northstar has 9 unicorns in its portfolio - Eight Sleep, MoonPay, Stord and others. The most recent unicorn in their portfolio is Eight Sleep. It became a unicorn in 2026.Here is a list of unicorns in northstar's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
80 | Provider of AI-based internet-first brand of mattress and smart mattress covers | 2014 | New York City | Series D | uetpfcm | ||
81 | Provider of platform for buying, selling, and swapping various cryptocurrencies | 2018 | Dover | Series A | rpmzzqg | ||
71 | Provider of cloud-based end-to-end logistics and supply chain management solutions | 2015 | Atlanta | Series F | icibdam | ||
75 | Provider of cloud-based cargo and supply chain visibility tracking solutions | 2014 | Chicago | Series G | qjshwhb | ||
69 | AI-based portfolio management solutions | 2016 | New York | Series C | rmjrofn |
Acquired companies in northstar's Portfolio
2 companies from northstar's portfolio have been acquired. The most recent acquisition was Pangaia in Jan 2025 by Royal Group for $*****.Here are northstar's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 23, 2025 | - | - | 2930 | |
Jun 28, 2021 | - | - | 6599 |
Team profile of northstar
northstar has a team of 4 members including 3 Partners located in United Kingdom and United States. northstar's team does not sit on the board of any company as of now.Here is a list of all team members in northstar:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | ||
Partner | United States | - | - | |
Partner | - | - | - |
Co-investors of northstar
Over the past 5 years, 57 investors have co-invested in northstar's portfolio companies. This includes funds and angels.
- Invested before northstar: Capricorn, DCVC and 22 others have invested in rounds before northstar. There is 1 company where Capricorn has invested before northstar and 1 company where DCVC has invested before northstar.
- Top Co-investors of northstar: 28 investors entered a company along with northstar. These include investors like Pulse Fund (1 company).
- Invested after northstar: A total of 5 investors have invested in northstar's portfolio after their investments. Top Investors include Mitsui OSK Lines (1 company), Mitsui (1 company) and Advantage Partners (1 company).
Recent News related to northstar
•
Haircare Disruptor isima Debuts $12+ Million Series to Support Market PenetrationPR Newswire•Jun 17, 2025•isima, Stelac, LMDV Capital, northstar
•
•
Northstar.vc partners with world's largest LCL consolidator Allcargo Group to explore investments in growing LogTech sectorAsian News International•Jan 18, 2023•northstar, Allcargo Logistics
•
Vietnamese fintech Cashgrow raises over $3m seed funding from GFC, othersShareandstocks•Aug 26, 2022•Cash Grows, Global Founders Capital, northstar, East Ventures and 5 others
•
E-grocery firm Sayurbox bags $120m from Northstar, Alpha JWCTech in Asia•Mar 21, 2022•Sayurbox, Northstar Group Services, Alpha JWC Ventures, The World Bank and 6 others
•
mPharma raises $35million in round participated by Tinder co-founder’s JAM fund, Bharti executiveTechCrunch+•Jan 05, 2022•mPharma, Citi, JAM Fund, Lux Capital and 6 others
•
Jeff Bezos invests in London’s digital supply chain and freight platform BeaconUKTN•Oct 04, 2021•Beacon, Upper90, northstar, 8VC and 1 other
•
Blade raises $38 million to build flying taxi infrastructureAxios•Mar 22, 2018•BLADE, Airbus Official, northstar
