Led · Equity · Jul 2025

Airalo operates a global eSIM marketplace serving over 20 million travelers across 200+ destinations. The company sells eSIM data bundles for short trips and longer stays and plans to introduce dedicated data, text, and voice packages in select markets. Airalo is rolling out an improved in‑app experience across web, iOS, and Android and expanding its product lineup with new plan options. It is also scaling its enterprise platform, Airalo for Business, to help companies manage global connectivity and reduce roaming costs by up to 90%. For partners, Airalo offers White Label eSIM stores, API integrations, reseller tools, and voucher programs to enable branded and integrated connectivity solutions. These initiatives position Airalo as infrastructure for mobile-first businesses and travel connectivity. Airalo operates a software-based eSIM marketplace offering hundreds of granular mobile data packages for international travel. The company offers 689 combinations covering about 200 countries, service durations and data sizes, and reports 5.1 million customers. Airalo says it has seen 20% month-on-month revenue growth and nearly 1 million downloads monthly for the past three months. It builds its catalog through a network of carrier agreements, mixing wholesale capacity purchases and resold roaming plans, and uses technology to measure demand and pricing. After stalling during the pandemic, growth picked up in 2022 and the company is expanding offerings beyond retail data, including a new B2B product called Airalo Partners. Airalo operates an online eSIM store that lets travelers buy and install local and global eSIMs within minutes via QR codes or in-app delivery. The service aggregates eSIMs from telcos and already offers access to over 100 eSIMs and coverage in 113 countries. Devices can hold up to 50 eSIM profiles and Airalo reported customers from 40 countries connecting in 67 countries shortly after a soft launch. The company is preparing Android and iOS apps while using its website for purchases and supports payments via PayPal, credit card and an in-app currency called Airmoney. Airalo is pursuing partnerships with carriers (examples: Telenor, 3, KPN), OTAs and airlines, and plans video ad campaigns to raise awareness and drive adoption. Financially, the team (described in the article as consisting of 8 teams) has raised initial capital and a seed round and is focused on using funds for customer acquisition, growth and scaling.

Led · Equity · Jan 2024

The article identifies Sunday Natural as operating in the healthcare & education and retail, consumer & leisure sectors. CVC Capital Partners has completed an €800m investment in Sunday Natural. The investment was made via CVC Fund VIII. The article situates the company in the DACH geography. No details on the company’s specific products, services, or future plans are provided in the article. The article also does not include operating metrics such as revenue or user counts.

Led · Equity · Dec 2023

TOPdesk provides a service management solution combining ready-made SaaS tools and in-house expertise to help individuals and organisations deliver consistently good service. The company was founded by Wolter Smit and Frank Droogsma in the 1990s and is headquartered in Delft. TOPdesk reports 10 million active SaaS users and focuses on making services better, simpler, and smarter. The business emphasizes customer satisfaction and steady growth, positioning itself as a market leader in service management. With the new partnership, TOPdesk plans to accelerate growth and expand to new customers and geographies. The company has taken its first external capital while remaining under founder ownership.

Participated · Series A · May 2023

CyberVadis provides enterprises with a scalable third-party cyber risk management platform that performs evidence-based cybersecurity and data privacy assessments for a fixed annual fee. Its methodology maps international compliance standards including NIST, ISO 27001, GDPR and other privacy and security laws to produce standardized cybersecurity ratings and detailed improvement plans. Customers can share standardized ratings and collaborate with third parties on implementing better practices via the platform. The company has assessed the cybersecurity and data privacy maturity of thousands of third parties across 96 countries. Led by CEO Edouard Lacarrière and based in Paris, CyberVadis raised €7M in a Series A to hire talent, expand its team to serve new clients beyond traditional markets, accelerate innovation and continue enhancing its platform. Board changes include Uli Beckman of lead investor Zobito AB joining the board alongside EcoVadis’ co-founders and existing investors CVC Growth Partners and Partech.

Led · Equity · Feb 2023

Skybox Security, based in San Jose, CA, offers a Software-as-a-Service Security Posture Management Platform that delivers visibility, analytics and automation to quickly map, prioritize and remediate vulnerabilities across organizations. The vendor-agnostic solution intelligently optimizes security policies, actions and change processes across corporate networks and cloud environments. Skybox says its platform enables security teams to focus on strategic business initiatives while ensuring enterprises remain protected. The company recently appointed Mordecai Rosen as CEO; Rosen previously served as President and CEO of Digital Guardian, where he significantly grew recurring revenue and led the company to profitability, and earlier was Corporate SVP and GM for Security at CA Technologies. Skybox intends to use newly raised capital to accelerate growth and expand operations. The articles do not disclose additional operating metrics beyond the financing. Led by co-founder and CEO Gidi Cohen, Skybox Security develops the Skybox™ Security Suite, a cybersecurity management platform that gives customers comprehensive visibility of their unique attack surface. The software uses analytics to prioritize an organization’s risk exposures and recommend actions to address misconfigurations, policy violations, and exposed or unpatched vulnerabilities. Its capabilities extend across complex physical, virtual, cloud and operational technology (OT) environments. Customers include Global 5000 companies and government agencies in more than 50 countries and nearly every industry. The company recently received a substantial growth investment and intends to use the funds to accelerate sales and marketing, customer care and R&D, and to potentially pursue acquisitions. Skybox Security is a San Jose, California–based provider of a security analytics platform led by founder and CEO Gidi Cohen. Its Skybox Security Suite integrates with more than 90 networking and security tools and utilizes advanced analytics, including modelling and simulation, to extract relevant and actionable intelligence from data silos. The platform provides security teams a comprehensive view of their attack surface and the insight needed to prioritise security resources. Customers include Global 2000 companies and government agencies across more than 50 countries. The company announced a $96M equity investment from Providence Strategic Growth as part of its current financing activity. Skybox Security is a leader in proactive security management solutions, offering automated tools that find and prioritize cyber risks such as vulnerabilities, firewall configuration errors, and access compliance issues. Its solutions help IT security personnel continuously monitor risks that could lead to a data breach or cyber-attack. The company serves a strong customer base in the Global 2000 across government and defense, energy and utilities, financial services, retail, and telecommunications. Hundreds of organizations in the U.S. and Europe use Skybox solutions, including six of the top 10 global banks and five of the 10 largest NATO members. Skybox has demonstrated record growth over the past 18 months, including 60% year-over-year growth, and plans to use new funding to expand sales territories and teams, develop channel partners, add customer support resources, address new use cases and enter expanded markets.