About WestTech Ventures
WestTech Ventures is a venture capital firm founded in 2013. It is primarily based out of Berlin, Germany. As of Jun 2023, WestTech Ventures has invested in 59 companies. It primarily invests in Seed round in Germany 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 $***** Seed round of Notch Overall, WestTech Ventures portfolio has seen 4 IPOs and 20 acquisitions including key companies like Bird, Applause and Delivery Hero. A lot of funds co-invest with WestTech Ventures, with names like IBB Ventures sharing a substantial percentage of its portfolio. WestTech Ventures has team of 2 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio IPOs
Portfolio Acquisitions
WestTech Ventures' List of Top Investments
WestTech Ventures has a portfolio of 59 companies. Their most notable investments are in Avocargo and Tab Ticketbroker.Their portfolio spans across Germany, United States, United Kingdom and 3 more locations. They have invested in Enterprise Applications, Retail, Consumer and 21 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by WestTech Ventures:1. Bird
App-based rental platform providing self-drive electric kick-scooters. Users can locate, and reserve electric kick-scooters through the app. They can unlock vehicles by scanning the QR codes, ride the scooters, and park in legal parking spaces at the end of the ride. The kick-scooters include self-reporting damage sensors, self-sealing tires, dual anti-tipping kickstands, and anti-theft encryption. App is available for both Android and iOS devices.
Key facts about Bird
- Founded Year: 2017
- Location: Miami (United States)
- Annual Revenue: $245M as on Dec 31, 2022
- Stage: Public
- Total Funding till date: $766M
- Employee Count: 428 as on Dec 31, 2022
- Investors: Glynn Capital, Odenn Ventures and 60 Others
- Latest Funding Round: Series D, Aug 04, 2021, $*****
- Highlight: Public
2. Applause
Platform offering crowdsourced testing solution. It offers crowd-driven automated testing, user experience testing, AI testing, security testing, etc. The platform integrates with development tools systems and environments that include APIs, bug tracking, bug fix verification system, etc. It offers codeless automation, test case management, etc.
Key facts about Applause
- Founded Year: 1966
- Location: Framingham (United States)
- Stage: Acquired
- Total Funding till date: $116M
- Employee Count: 1,314 as on Jul 01, 2024
- Investors: Harmonic, QuestMark Partners and 17 Others
- Latest Funding Round: Series F, Dec 21, 2016, $*****
- Highlight: Acquired
Platform offering food ordering and delivery services. Its marketplace enables users to provide online food delivery services from restaurants and cafes. The platform provides services for the delivery of flowers, medicines, gifts, packages, and e-commerce.
Key facts about Delivery Hero
- Founded Year: 2010
- Location: Berlin (Germany)
- Annual Revenue: €9.94B as on Dec 31, 2023
- Stage: Public
- Total Funding till date: $1.8B
- Employee Count: 47,981 as on Dec 31, 2023
- Investors: Lead Edge Capital, Insight Partners and 42 Others
- Latest Funding Round: Post IPO, Jan 07, 2021, $*****
- Highlight: Public
4. Marley Spoon
Marley Spoon is an internet first brand for meal kits. It allows users to subscribe to a meal plan according to their requirements and customise it with recipes of their choice. It delivers meal kits with pre-portioned ingredients and curated spice blends with image-based cooking instructions. Claims to source ingredients from organic farms within the USA. It delivers orders across the USA. The orders are delivered in the time slots chosen by the customers in ice packs and insulated boxes. The mobile platform is available for Android and iOS users.
Key facts about Marley Spoon
- Founded Year: 2012
- Location: Berlin (Germany)
- Stage: Acquired
- Total Funding till date: $71.1M
- Employee Count: 1,862 as on Dec 31, 2021
- Investors: Atlantic Labs, VNV Global and 16 Others
- Latest Funding Round: Conventional Debt, Sep 26, 2019, $*****
- Highlight: Acquired
5. Volocopter
Manufacturer electric copters for urban mobility. The company develops various models of electric air vehicles like Veloport, Velodrome, and more. Also, it develops VeloIQ which offers an air mobility software platform for air transportation management. Its features includes integrated with GPS and obstacle detection systems to enable unmanned flight. The vehicle can be used for short to medium-distance commutes, shopping, and air taxi rides in urban areas.
Key facts about Volocopter
WestTech Ventures' Year-on-Year Investment Trends
WestTech Ventures has invested in 59 companies over the last 13 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Notch and most recent follow-on round was in The Climate Choice.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 2 | 3 |
2022 | 4 | 0 | 4 |
2021 | 3 | 0 | 3 |
2020 | 0 | 0 | 0 |
2019 | 2 | 0 | 2 |
2018 | 0 | 0 | 0 |
2017 | 1 | 1 | 2 |
WestTech Ventures' Investments by Stage
WestTech Ventures has made 18 investments in Seed stage with an average round size of $2.57M and 6 investments in Series A stage with an average round size of $4.17M.Stage of entry | No. of Investments |
|---|---|
Seed | 18 |
Series A | 6 |
Note: We have considered here, only first round of investments
WestTech Ventures' Investments by Sector
WestTech Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Retail, Vertical SaaS and Sustainability Tech. Notably, it has invested in 55 Tech companies, 41 Enterprise (B2B) companies, 32 Software companies and at least 22 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 15 |
Consumer | 6 |
Retail | 6 |
Vertical SaaS | 6 |
Sustainability Tech | 4 |
Others | 26 |
Note: We have considered here, only first round of investments
WestTech Ventures' Investments by Geography
WestTech Ventures has made most investments in Germany (23), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
Germany | 23 |
United States | 1 |
Note: We have considered here, only first round of investments
WestTech Ventures' recent investments
WestTech Ventures has not made any investment in 2026 so far.Here are the most recent investments by WestTech Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 26, 2023 | Germany | Seed | 6339 | [+8] | |
Mar 16, 2023 | Germany | Seed | 6666 | [+1] | |
Feb 13, 2023 | Germany | Seed | 7603 | [+4] | |
Dec 09, 2022 | Germany | Seed | 3589 | [+1] | |
Jul 22, 2022 | Germany | Series A | 3872 | [+9] |
IPOs and Publicly Listed companies in WestTech Ventures' Portfolio
4 of WestTech Ventures' portfolio companies have become public. Bird got listed on the New York Stock Exchange (NYSE), in Nov 2021 and Delivery Hero got listed on the Frankfurt Stock Exchange (FRA) at marketcap of $5.01B.Here are WestTech Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 05, 2021 | - | - | 6720 | |
Jun 30, 2017 | - | - | 6295 | |
- | - | - | 1300 | |
- | - | - | 6846 |
Acquired companies in WestTech Ventures' Portfolio
20 companies from WestTech Ventures' portfolio have been acquired. The most recent acquisition were Signatrix in May 2025 by Itabgroup.Here are WestTech Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 26, 2025 | - | - | 9515 | |
Mar 14, 2025 | - | - | 4295 | |
Nov 11, 2024 | Apr 12, 2021 | Seed | 2490 | |
Jun 24, 2024 | Apr 28, 2022 | Seed | 3729 | |
Jan 30, 2024 | - | - | 5330 |
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Team profile of WestTech Ventures
WestTech Ventures has a team of 2 members including 2 Partners located in Germany. WestTech Ventures' team does not sit on the board of any company as of now.Co-investors of WestTech Ventures
Over the past 13 years, 95 investors have co-invested in WestTech Ventures's portfolio companies. This includes funds and angels.
- Invested before WestTech Ventures: Point Nine, Berlin Technologie Holding and 8 others have invested in rounds before WestTech Ventures. There is 1 company where Point Nine has invested before WestTech Ventures and 1 company where Berlin Technologie Holding has invested before WestTech Ventures.
- Top Co-investors of WestTech Ventures: 53 investors entered a company along with WestTech Ventures. These include investors like IBB Ventures (4 companies).
- Invested after WestTech Ventures: A total of 32 investors have invested in WestTech Ventures's portfolio after their investments. Top Investors include Avala Capital (2 companies), Crosslantic Capital (1 company) and Emmanuel Thomassin (1 company).
Recent News related to WestTech Ventures
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Hamburg-based Notch raises €1.1 million to redefine the B2B SaaS buying journeyEU-Startups•Jun 26, 2023•Notch, APX, WestTech Ventures, HTGF
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Lumiform collects 6.4 million eurosStartbase•Jul 21, 2022•Lumiform, EXXETA, WestTech Ventures, EquityPitcher Ventures and 3 others
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Berlin-based Apryl bags €4.1 million to bring pioneering fertility benefits platform to the workplaceEU-Startups•Apr 28, 2022•Apryl, Breega, Atlantic Labs, Crista Galli Ventures and 3 others
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Lumiform: Digital Inspection Startup Raises $6.5 MillionBusiness Insider•Apr 08, 2022•Lumiform, Capnamic Ventures, 42 Capital, EquityPitcher Ventures and 2 others
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German healthtech startup Climedo picks up €5 million funding boostEU-Startups•Feb 16, 2022•Climedo, Nauta Capital, WestTech Ventures, and 1 other
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