About Sprints
Sprints is a venture capital firm founded in 2015. It is primarily based out of London, United Kingdom. As of Mar 2025, Sprints has invested in 26 companies. It primarily invests in Series A round in Sweden based startups. Its investments are spread across a wide range of sectors from Consumer to Enterprise Applications and Retail. Most recently it participated in the $***** Seed round of Willhaben Overall, Sprints portfolio has seen 6 unicorns, 5 IPOs and 3 acquisitions including key companies like Avito, HelloFresh and Lazada. A lot of funds co-invest with Sprints, with names like Lightspeed Venture Partners sharing a substantial percentage of its portfolio. Sprints has team of 19 people including 6 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series C, Series B & 5 more
Portfolio IPOs
Sprints' List of Top Investments
Sprints has a portfolio of 26 companies, including 6 unicorns. Their most notable investments are in Bokadirekt and MATCHi.Their portfolio spans across Sweden, United States, Germany and 7 more locations. They have invested in Consumer, Enterprise Applications, Retail and 6 other sectors, across stages such as Series C, Series B and 5 more. Here is the list of top investments by Sprints:1. Avito
Online marketplace platform offering multi-category second-hand products. Its product catalog includes pet supplies, automobiles, fashion, stationery, property, electronics, beauty, home products, and more. Its mobile application is available on Android and iOS platforms.
Key facts about Avito
2. HelloFresh
Provider of meal recipe kits subscription service. It offers a grocery subscription service where customers receive a weekly box containing three to five easy-to-cook recipes created by professional chefs and nutritionists with instructions and related content. Its menu includes noodles, burgers, fried rice, and more. The mobile application is available for Android and iOS users.
Key facts about HelloFresh
- Founded Year: 2011
- Location: Berlin (Germany)
- Annual Revenue: €1B+ as on Dec 31, 2018
- Stage: Public
- Total Funding till date: $367M
- Employee Count: 17,595 as on Sep 30, 2026
- Investors: Baillie Gifford, HV Capital and 17 Others
- Latest Funding Round: Post IPO, Aug 05, 2019, $*****
- Highlight: Public
3. Lazada
Online retailer of diverse products providing shopping experiences and digital capabilities. It connects retailers and shoppers through technology, logistics, and payments infrastructure. The platform delivers engaging experiences customised to markets. It enables businesses to scale and grow with digital capabilities.
Key facts about Lazada
- Founded Year: 2012
- Location: Singapore (Singapore)
- Annual Revenue: $500M - $1B as on Dec 31, 2023
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $690M
- Employee Count: 21,571 as on Mar 31, 2026
- Investors: Access Industries, Deutsche Capital Group and 17 Others
- Latest Funding Round: Series E, Nov 29, 2014, $*****
- Highlight: Acquired
4. Zalando
Online retailer of apparel, shoes, and fashion accessories for consumers. It provides a selection of clothing, footwear, and related items. The business caters to individuals seeking various styles and trends. It offers products through its online platform.
Key facts about Zalando
- Founded Year: 2008
- Location: Berlin (Germany)
- Stage: Public
- Total Funding till date: $191M
- Employee Count: 12,746 as on Sep 30, 2026
- Investors: Access Industries, USM and 24 Others
- Latest Funding Round: Grant (prize money), Mar 13, 2023, $*****
- Highlight: Public
5. Vinted
Online retailer of clothing, shoes, and accessories for women, men, and kids. It provides a platform for buying and selling pre-owned fashion items. The platform offers a catalog with various categories, including designer items, home goods, electronics, entertainment, and hobbies. It facilitates transactions between individuals for secondhand goods.
Key facts about Vinted
- Founded Year: 2008
- Location: Vilnius (Lithuania)
- Annual Revenue: ₹10 - ₹50 Cr as on Dec 31, 2020
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $872M
- Employee Count: 4,595 as on Sep 30, 2026
- Investors: Baillie Gifford, EQT and 19 Others
- Latest Funding Round: Series F, 2026, $*****
- Highlight: Editors' Pick
Sprints' Year-on-Year Investment Trends
Sprints has invested in 26 companies over the last 8 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 Willhaben and most recent follow-on round was in PPRO.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 0 | 1 | 1 |
2023 | 0 | 0 | 0 |
2022 | 3 | 1 | 4 |
2021 | 5 | 3 | 8 |
2020 | 3 | 1 | 4 |
2019 | 2 | 0 | 2 |
2018 | 1 | 0 | 1 |
Sprints' Investments by Stage
Sprints is primarily an Late Stage Investor investor majorly investing in Series C (5) rounds where average round size is $483M, Series B (3) rounds where average round size is $171M and Series A (2) rounds where average round size is $55.5M.Stage of entry | No. of Investments |
|---|---|
Series C | 5 |
Series B | 3 |
Series A | 2 |
Series E | 2 |
Post IPO | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Sprints' Investments by Sector
Sprints has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Retail, FinTech and Gig Economy. Notably, it has invested in 24 Tech companies, 17 Consumer (B2C) companies, 11 Enterprise (B2B) companies and at least 9 companies focusing on Marketplace.Sector | No. of Investments |
|---|---|
Consumer | 9 |
Enterprise Applications | 6 |
Retail | 5 |
FinTech | 3 |
Gig Economy | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Sprints' Investments by Geography
Sprints has made most investments in Sweden (5), followed by United States where it has made 4 investments.Country | No. of Investments |
|---|---|
Sweden | 5 |
United States | 4 |
United Kingdom | 2 |
Austria | 1 |
Bulgaria | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Sprints' recent investments
Sprints has not made any investment in 2026 so far.Here are the most recent investments by Sprints:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 2025 | Austria | Seed | 7769 | - | |
Mar 13, 2024 | United Kingdom | Series D | 3508 | [+4] | |
Jun 30, 2022 | Sweden | Series B | 8418 | - | |
Apr 29, 2022 | Sweden | Series A | 4831 | - | |
Mar 01, 2022 | Bulgaria | Series B | 4763 |
Unicorns in Sprints' Portfolio
Sprints has 6 unicorns in its portfolio - Payhawk, Chrono24, Back Market and others. The most recent unicorn in their portfolio is Payhawk. It became a unicorn in 2022.Here is a list of unicorns in Sprints' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
67 | Provider of spend management platform with AI-powered automation and control | 2018 | Sofia | Series B | qelvxyr | ||
67 | Online marketplace platform offering pre-used luxury watches | 2003 | Karlsruhe | Series C | npcwjqr | ||
76 | Online marketplace for refurbished electronic products | 2014 | New York City | Series E | oyetjcr | ||
71 | Provider of digital payment infrastructure for local and alternative methods | 2006 | London | Series D | qlevhyw | ||
79 | Online retailer of clothing, shoes, and accessories for women, men, and kids | 2008 | Vilnius | Series F | iypke{v |
IPOs and Publicly Listed companies in Sprints' Portfolio
5 of Sprints' portfolio companies have become public. Hemnet Group got listed on the Stockholm Stock Exchange (STO), in Apr 2021 and HelloFresh got listed on the Euronext Exchange (Euronext) at marketcap of $1.91B.Here are Sprints' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 30, 2021 | Sep 07, 2021 | Post IPO | 5880 | |
Nov 02, 2017 | - | - | 4019 | |
Sep 26, 2016 | - | - | 2674 | |
Jan 10, 2014 | - | - | 4220 | |
Nov 04, 2011 | - | - | 4180 |
Acquired companies in Sprints' Portfolio
3 companies from Sprints' portfolio have been acquired. The most recent acquisition was Hitta.se in Dec 2024 by Fonecta for $*****.Here are Sprints' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 05, 2024 | - | - | 2667 | |
Oct 14, 2022 | - | - | 2020 | |
Apr 12, 2016 | - | - | 2208 |
Team profile of Sprints
Sprints has a team of 19 members including 6 Partners and 4 Principals located in United Kingdom and Sweden. Sprints' team does not sit on the board of any company as of now.Here is a list of top team members in Sprints:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | ||
Partner | Cobham | - | ||
Partner | London | - | ||
Partner | Sweden | - | ||
Partner | United Kingdom | - | ||
Partner | London | - | ||
Principal | London | - | - | |
Principal | London | - | - | |
Principal | United Kingdom | - | ||
Principal | London | - | - |
Co-investors of Sprints
Over the past 8 years, 162 investors have co-invested in Sprints's portfolio companies. This includes funds and angels.
- Invested before Sprints: Insight Partners, FJ Labs and 103 others have invested in rounds before Sprints. There are 2 companies where Insight Partners has invested before Sprints and 2 companies where FJ Labs has invested before Sprints.
- Top Co-investors of Sprints: 27 investors entered a company along with Sprints. These include investors like Lightspeed Venture Partners (2 companies).
- Invested after Sprints: A total of 30 investors have invested in Sprints's portfolio after their investments. Top Investors include JPMorganChase (2 companies), TPG (1 company) and Hedosophia (1 company).
Recent News related to Sprints
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Payhawk Could See Valuation Soar to $2B with New FundingPYMNTS.com•Jan 08, 2026•Invopop, Payhawk, Sprints, Greenoaks and 4 others
•
Sprints and Styria Media Group’s Partnership with willhabenGlobal Legal Chronicle•Mar 24, 2025•Sprints, Willhaben, Styria
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Revolut and Vinted investor Sprints Capital buys 50% of willhabenTrending Topics•Mar 03, 2025•Sprints, Styria, Willhaben
•
PPRO secures £73m to fuel growth in key marketsBusinessCloud•Mar 13, 2024•PPRO, Stripe, PayPal, JPMorgan Chase and 8 others
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Booksy Raises Us$70 Million In Series C Funding RoundGlobal CosmeticNews•Aug 22, 2023•Booksy, Cat Rock Capital Management, Sprints, OpenOcean and 7 others
