WestTech Ventures

Summary

WestTech Ventures is the famous VC, which was founded in 2013. The main office of represented VC is situated in the Berlin. The fund was located in Europe if to be more exact in Germany.

The usual cause for the fund is to invest in rounds with 3 partakers. Despite the WestTech Ventures, startups are often financed by Rheingau Founders, Point Nine Capital, Kai Hansen. The meaningful sponsors for the fund in investment in the same round are IBB Beteiligungsgesellschaft, Saarbruecker 21, Rheingau Founders. In the next rounds fund is usually obtained by Target Global, Point Nine Capital, Kite Ventures.

The important activity for fund was in 2015. Despite it in 2019 the fund had an activity. This WestTech Ventures works on 12 percentage points less the average amount of lead investments comparing to the other organizations. The common things for fund are deals in the range of 1 - 5 millions dollars. The real fund results show that this VC is 9 percentage points less often commits exit comparing to other companies. The top amount of exits for fund were in 2017. The fund is generally included in 2-6 deals every year.

Among the various public portfolio startups of the fund, we may underline Delivery Hero, Itembase, Remerge Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Germany. The fund has no exact preference in some founders of portfolio startups. In case when startup counts 1 or 4 of the founder, the chance for it to get the investment is meager. We can highlight the next thriving fund investment areas, such as Information Services, E-Commerce.

The fund was created by Alexander Koelpin, Masoud Kamali. Besides them, we counted 1 critical employee of this fund in our database.