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WestTech Ventures

Investor type Venture Capital
Founders Alexander Koelpin Masoud Kamali

Overview

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 48
Average round size
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The average size of a deal this fund participated in
$1M
Portfolio companies 38
Rounds per year 5.33
Lead investments 4
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.21
Exits 7
Key employees 1
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Software
  • Internet
  • Health Care
  • Information Technology
  • E-Commerce
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.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of WestTech Ventures:
Typical Co-investors
WestTech Ventures is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after WestTech Ventures:

Funds with similar focus

Funds from Germany
Funds with similar focus located in Germany:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

OVIAVO

Health Care
Medical
Wellness
$4M28 Apr 2022 Berlin, Berlin, Germany

Climedo Health

Clinical Trials
Health Care
Medical
Pharmaceutical
Software
$5M16 Feb 2022 Munich, Bavaria, Germany

Avocargo

Automotive
Electronics
Information Technology
Software
22 Nov 2021 Berlin, Berlin, Germany

THE CLIMATE CHOICE

B2B
Enterprise Software
Environmental Consulting
Internet
Software
Supply Chain Management
20 Apr 2021 Berlin, Berlin, Germany

Unicorn Workspaces

Commercial Real Estate
Coworking
Office Administration
$7M14 Apr 2021 Berlin, Berlin, Germany

Health Care
30 Mar 2021 Berlin, Berlin, Germany

Revelop

01 Sep 2020 New York, New York, United States

ThinkSono

Computer
Health Care
Health Diagnostics
Software
$2M21 Jul 2020 London, England, United Kingdom

Uniwhere

Collaboration
Communities
Education
Email
Higher Education
Internet
Private Social Networking
Productivity Tools
Universities
$259K13 Apr 2020 Berlin, Berlin, Germany

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