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Partech newsletter: A New Partner in the Team

11 Investing Partners became 12 this month, as Seed Fund member Boris Golden was promoted! Since joining in 2015, Boris has bolstered our Seed team to remarkable success, identifying and helping some of Europe’s most talented founders.

Read more and join us in congratulating him.

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2020, a year like no other!

  • 82 transactions
  • 31 new companies in 24 countries
  • $2B raised by our portfolio
  • $1.3B aggregate exit value
  • 10 new team members
  • 4 new babies
  • See what happened last year
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This Month's Top 10 

  • M-Files the world leading ​intelligent information management solution, raised an $80M round led by new investor Bregal Milestone with existing investors Tesi, Partech, and Draper Esprit also participating. The funds will further expand their incredible solution that is already present in over 100 countries! 🌎
  • Bolt, global online checkout leader, added $75M to its Series C round, to total $125M. The new round, led by WestCap and General Atlantic, cements Bolt's position as a global online checkout leader, capping off what was an unprecedented year of growth in 2020. 💹
  • European car subscription leader, Drover joined forces with Cazoo, UK’s fastest ever unicorn. We cannot wait to watch Drover grow as they integrate into Cazoo’s impressive business model. Congrats Felix Leuschner and his team! 👏
  • CoachHub, digital coaching leader,  raised $30M in a funding round led by Draper Esprit, alongside existing investors HV Capital, Partech, Speedinvest, signals Venture Capital & RTP Global. They will scale up their number of coaches to 2,000! 😎
  • Shippeo, the European leader in end-to-end supply chain visibility, announced a $32M funding round led by new investor Battery Ventures, joined by existing investors Partech, ETF Partners, NGP Capital, and BPIfrance. 🚛
  • Pennylane raised $18M to expand its tools to help businesses navigate the financial repercussions of the pandemic. 🤲
  • Kenbi, the German health tech bringing home care to patients across Germany, revealed a €7M Seed round. Redalpine joined Partech, e.ventures, and Heartcore Capital to help Kenbi reach more patients. 👨‍🦳
  • Sorare’s €3.5M seed extension round was joined by Barcelona FC captain Gérard Piqué, who is part of a growing number of professional investors turning their hand to venture investing. ⚽
  • V7, helping AI teams automate and future-proof their training data workflows, recently joined our Portfolio with the announcement of a $3M funding round led by Amadeus Capital Partners, with participation from Partech, Air Street Capital, and Miele Venture. 📢
  • Alan have announced their new product Alan Baby as they look to develop services for specific groups of people who face health insurance issues. The insurtech also revealed they had passed €90M revenue in 2020, i.e. a 100% growth.
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New Alumni! 

Volterra 
Volterra was acquired by Applications Networking Giant F5 in a colossal $500M deal. What a fantastic way for them to bid us adieu after initially investing in Acorus Networks in 2018 and since their merger with Volterra a year later, the company has gone from strength to strength.

Once 
Once, the leading app for quality dating in Western Europe, founded in 2015, was acquired by Dating Group, one of the largest companies in the dating industry with 73 millions registered users across its portfolio. Clémentine Lalande, co-founder and CEO of Once, will continue leading the company. 

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Read this! 

  • Yannis Niebelschütz, Coachhub co-founder, tells all about the world of professional coaching in an interview. Read here.
  • Bruno and André wanted to share our investment journey with the fantastic M-Files team and how it all started. Read here.
  • Réza's blogpost on why we are so proud of Volterra’s journey and potential after their acquisition by F5 in a huge $500M deal. Read here.
    http://partechpartners.com/news/huge-news-for-volterra-whos-acquired-by-f5/
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Read the full Newsletter here.

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