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Investor profile

HV Capital

Venture capital firm · Founded 2000 · Active in 2026

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36 Power Law outcomes Power Law Ranking #62 · Global · 36 Power Law outcomes · Active 2026
Unicorns ↑ 31% 5y
21
Decacorns ↓ 100% 5y
0
Thoroughbreds ↑ 80% 5y
30

HV Capital is a venture capital firm based in Munich, Germany, founded in 2000. The page below shows 36 Power Law outcomes from HV Capital's portfolio — 21 unicorns ($1B+ valuation) and 13 additional thoroughbreds (companies that crossed $100M+ in revenue without yet reaching $1B+ valuation).

Outcomes are concentrated in eCommerce & Marketplaces · Other · AI; top portfolio geographies are Germany · UK · France. HV Capital ranks #62 in Global in the 2026 Dealroom Power Law Investor Ranking by cross-stage outcomes.

Portfolio analysis

The 36 HV Capital Power Law outcomes ($100M+ revenue or $1B+ valuation).

Snapshot of where the outcomes are concentrated by country, sector, and stage entered.

By countryCount
  1. Germany25
  2. UK3
  3. France2
  4. USA2
  5. Russia1
  6. Spain1
  7. Singapore1
  8. Netherlands1
By sectorCount
  1. eCommerce & Marketplaces11
  2. Other5
  3. AI5
  4. Fintech4
  5. Transportation4
  6. Marketing3
  7. Space1
  8. Edtech1
  9. Cybersecurity1
  10. Energy1
By stage enteredCount
  1. Series B+17
  2. Series A5
  3. Seed13
01 · Portfolio market map

HV Capital's 36 Power Law outcomes.

Stage entered
Outcome tier
Region
Group by
36 of 36 Power Law outcomes
02 · Founder talent

Where HV Capital's founders come from — and where they study.

153 founders across the 36 Power Law outcomes — split by country of origin, university attended, and the company they worked at before founding. WHU Otto Beisheim School of Management and Rocket Internet are the deepest single pipelines.

LocationCount
Germany55
Spain9
Denmark7
Sweden6
France5
Norway3
Poland3
United Kingdom3
Netherlands2
Austria2
+5 more →
UniversityCount
WHU Otto Beisheim School of Management13
University of Erlangen-Nuremberg6
London School of Economics and Political Science6
Copenhagen Business School4
HEC Paris3
EBS University3
Ludwig Maximilian University of Munich3
University of Deusto3
Stanford University Graduate School of Business3
Aarhus University2
+82 more →
Origin companyCount
Rocket Internet13
Meta8
Lieferheld3
Zalando3
Westwing3
Microsoft2
eBay2
LinkedIn2
Groupon2
Alphabet | Google2
+25 more →
Origin = country a founder is born in or grew up in (founders may have multiple origins; counts include all entries). University = highest-listed degree. Origin company = a previous employer where the founder was tagged before starting their current company.
03 · Key people

Key people at HV Capital.

Sources: Dealroom desktop research, official firm profiles and public investor lists.
04 · Compare with peers

How does HV Capital stack up?

HV Capital in orange, your selection in blue and other colours. Pick from the global roster of 34 peer investors — scope by startup location or hit "Find similar shapes" to auto-pick the three closest. The funnel matrix mirrors the spider chart on the ranking page; the line chart shows each firm's share of unicorns minted in the selected startup location — peaks reveal vintage years.

Compare against

Share of new unicorns per year

% of global unicorns minted that year, year by year · hover the chart to see which unicorns

Stage focus

Companies by entry stage and outcome tier

Sector focus

Companies per investor across the 10 highest-volume sectors
Source: Dealroom Power Law dataset. Investors shown are the 2026 Power Law top 35 by combined entry-to-outcome score, drawn from the overview and locations_data sheets. Funnel-matrix axes rescale per-axis using the maximum among the currently selected investors, so the polygons always fill the chart for shape comparison.

Sentiment on X

What X is saying about HV Capital

An AI-synthesized read of the highest-engagement posts about HV Capital on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

In the news

Latest news about HV Capital

Recent press, funding announcements, and portfolio moves mentioning HV Capital — pulled live from Dealroom's news feed.

See all news

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