Participated · Equity · Mar 2021

Rohlik Group is an online grocery platform that offers a large assortment including fresh food from local farmers and artisans, supermarket goods, and private-label brands. The service emphasizes reliable delivery with 15-minute delivery windows and same-day deliveries available as soon as one hour after booking, and applies automation at multiple steps to improve customer experience, efficiency, and sustainability. The company operates branded services across the Czech Republic, Hungary, Austria, Germany and Romania. Led by Founder and CEO Tomáš Čupr, Rohlik combines rapid logistics with a broad product assortment to compete in online food retail. The company recently secured growth capital to support continued expansion across its markets. Rohlik operates an online grocery delivery service offering roughly 17,000 SKUs with a 90-minute turnaround and 15-minute booking slots. The company produces some items (such as baked goods) and partners closely with local shops and small producers; fresh produce accounts for about 40% of its sales. Rohlik is active in Prague, Budapest, Vienna, Munich and Frankfurt and plans further expansion to Hamburg, Milan, Bucharest and Madrid while emphasizing measured, city-by-city growth. Management says the funds will be used to continue investing in existing markets and to fuel growth. Financially, Rohlik reported €500 million in revenue in 2021 and said it has been profitable in Hungary since 2021 and in the Czech Republic since 2018; it declined to disclose current revenue figures. Rohlik operates a large online grocery marketplace that sources goods wholesale, partners with established brands, and aggregates items from local small businesses. It stocks a broad assortment (17,000+ SKUs) and promises delivery in as little as two hours from its dark‑store logistics. The company is already profitable in its home market of the Czech Republic and reported revenues above €300 million in 2020 with over 750,000 customers. Average orders range from roughly €60–€100 and customers typically shop about once per week. Rohlik localizes brands in each market (e.g., Kifli.hu in Hungary, Gurkerl.at in Austria, Knuspr.de planned for Germany) while keeping a consistent logistics and assortment formula. Management says the product mix can be rebalanced by market and that the model supports cross‑market distribution of local suppliers’ goods. Rohlik operates an online grocery ordering and delivery service that marries wholesale supermarket items with products from local butchers, fishmongers, bakers and small businesses. Its online store carries roughly 17,000 items and offers two-hour delivery windows with orders bookable in 15-minute slots. The company uses logistics technology and large fulfillment venues located close to customers to enable rapid urban delivery. Founded in 2014 and based in the Czech Republic, Rohlik currently serves the Czech Republic, Hungary and Austria and plans expansion into Germany, Poland, Romania and other countries. Rohlik reported FY2020 revenue of €300 million, a 101% year‑over‑year increase, served 750,000 customers and is profitable. The company says the new funding will provide more fuel to grow its metropolitan footprint and accelerate international expansion.

Participated · Series C · Jan 2021

Booksy operates a consumer-facing mobile marketplace and a mobile-first SaaS product (Booksy Biz) that helps beauty, wellness and health providers manage appointments, staff, payments and customer acquisition. The platform powers hundreds of millions of appointments each year and serves over 130,000 providers and 38+ million consumers worldwide. Booksy’s Marketplace lets consumers find, schedule and manage bookings with stylists, barbers, nail artists, salons and other service providers. The company said it will use the new financing to accelerate new customer acquisition, expand its marketplace and enhance the platform. Booksy was founded in Poland in 2014 and now has operations in Poland, the United States, the United Kingdom, Spain and France. The company previously raised more than $100M in Series C funding and is backed by investors including Innovia, Kaya and Verdane. Booksy operates a consumer-facing booking app and a companion Booksy Biz app that lets salons, nail bars and barbershops manage bookings, payments and customer relationships. The platform also offers Booksy E-Commerce, a marketplace enabling salons to sell products and helping customers discover local stylists and technicians. The company says 38% of customers book after-hours and that appointment frequency increases by 20% for users; it claims roughly 13 million consumers on the app. Booksy was launched in 2014 by Stefan Batory (CEO) and Konrad Howard and now operates in the US (its largest market), UK, Poland, Spain, Brazil and South Africa. The startup has used M&A to expand, acquiring Lavito in 2018 and merging with Versum in December 2020 to enter Mexico. The company plans to use new funding to expand across North America, enter new verticals and acquire complementary businesses. Booksy is a mobile-first marketplace and SaaS platform that enables appointment-driven beauty service providers to manage bookings, POS, client databases, and basic marketing automation. The consumer-facing marketplace is available online and via an app to help users discover and book local stylists, nail technicians, barbers and artists, showing reviews, services, pricing and availability. Founded in 2013 by CEO Stefan Batory and based in San Francisco, the company targets beauty professionals and consumers seeking local services. Booksy raised $28.5m in a Series B2 and has $48.7m in total funding to date. The company intends to use the proceeds to scale the business, grow engineering, sales and marketing teams, and expand into new U.S. markets. Investors in the round include returning backers Piton Capital and Enern, new investors Industry Ventures and XG Ventures, and participation from several industry executives and angels. Booksy provides an online booking platform for beauty and personal-care merchants, enabling customers to schedule appointments with stylists and other service providers. Founded in 2014 by Stefan Batory and Konrad Howard, the company says it launched in the U.S. in 2017 and has rapidly expanded its footprint. Booksy is currently processing about 2.5 million bookings per month, a key operating metric cited by the company. Management plans to use new funding to drive global growth, recruit high-profile talent, and develop proprietary technologies. Product development priorities include a one-click booking feature that leverages machine learning and AI to predict user buying patterns and suggest optimal dates with preferred stylists. Booksy provides a mobile-first Software-as-a-Service for appointment-based businesses, enabling online bookings, scheduling, CRM, marketing automation, inventory management, point-of-sale, reporting, and employee commission management. The company charges monthly subscription tiers rather than taking a cut per booking, positioning itself against marketplace competitors. Booksy says adoption improves customer loyalty and booking frequency, noting up to 60% of appointments are made outside businesses' working hours. The product aims to move bookings off phones and in-person systems onto the app and web interface to increase convenience and engagement. Booksy plans to add in-app payments, features to help larger merchants manage personnel, and enhanced reporting systems. The company raised a $4.2M Series A to fund these product and functionality investments.

Participated · Series A · Aug 2020

Bnext operates a wallet app built on the Algorand blockchain and issues the B3X utility token that underpins its ecosystem. The company is developing additional DeFi use cases and wallet features while working to drive global adoption of Algorand-based financial products. Bnext partially closed a public token sale on March 31, 2022, raising over €5 million in two seven-day phases and reporting €11 million in token-sale proceeds to date. Borderless Capital has increased its investment in Bnext with a new $4.5 million injection, bringing Borderless's total backing to $10 million and providing Algorand ecosystem expertise. Bnext is reallocating 350 million B3X tokens for a private IDO on a leading Algorand DEX, and remaining phase-two tokens are slated to be burned after the IDO to increase liquidity. Forthcoming roadmap items include a rewards system, a diversified marketplace, enhanced crypto wallet buy/sell conditions, international money transfers, and user discounts. Bnext is a neobank that operates a digital marketplace of financial products, launched officially in early 2017 by Guillermo Vicandi and Juan Antonio Rullán. The company offers accounts, a prepaid card and marketplace products including a Premium account and a Préstamos IRPF product that advances tax refunds up to €1,000. Bnext has begun operating as an electronic money institution in Spain and is migrating its card operations to MasterCard. It has also expanded into Mexico, where it reports more than 60,000 users and month-on-month user growth above 35%. Bnext serves over 400,000 customers overall and has seen card online purchases rise from 20% in January to more than 40% in June. The company plans to use recent funding to accelerate growth in Spain and consolidate expansion across Mexico and Latin America. Bnext is a Spanish mobile-first neo-bank that lets users connect their existing bank accounts, manage their finances in one place, and access select financial and insurance products through an in-app marketplace. Since launching in early 2018, it has become the leading neo-bank in Spain with 300,000 active users and more than €100 million in monthly transactions. The core product centers on account aggregation and a marketplace of third-party financial offerings. On the product roadmap are premium plans that will provide more products, features, and individual IBANs for each user. The company plans to launch in Mexico later this year and to use its new funding to expand further into Latin America. The recent financing is intended to consolidate Bnext's position in Spain and accelerate its regional growth. Bnext operates as a digital supermarket of financial products created in Spain, offering customers a marketplace alternative to traditional banking. The company partners with financial institution Pecunia Cards to provide backend support. As of June it reported 20,000 active customers, with 6,000 weekly users who transact on average eight times and move €1.5 million weekly. Bnext reported revenue of €100,000 and stated an ambition to reach a hundred thousand+ customers by year-end. The company is based in Madrid and listed 14,000 employees in the report. It intends to use newly raised funds to continue growing and to carve out a position against traditional banks. BNEXT is a marketplace bank launched in Madrid in late 2016 that aggregates financial products from fintechs and traditional institutions into a single app. The platform allows users to open a current account and card, aggregate accounts and cards from multiple providers, and contract a range of financing, investment and savings products from partner firms. The company was selected for the Plug and Play accelerator and planned an iOS app launch on March 30. BNEXT intends to use raised capital to develop its technology, expand its team and boost marketing. The article does not report revenue or user metrics.

Participated · Equity · Dec 2019

MeetFrank is a Tallinn-based secret career app that uses machine learning and a chatbot to anonymously match companies with top talent based on salary expectations, skill set and experience. Applicants can discover opportunities abroad while companies can recruit from outside their local talent pool without candidates revealing identifying information. The company will use the €1.5M round to launch a relocation without location feature that opens up international borders and helps global talent relocate for work. MeetFrank was founded in 2017 by CEO Kaarel Holm. To date it has raised €2.45M in total funding and closed the latest €1.5M round with backers including Karma.vc, Enern VC, Change Ventures and Hummingbird. The service has over 265,000 users, with its largest markets being Finland, Estonia, Latvia, Lithuania and Germany. MeetFrank is an anonymous recruiting app that matches jobseekers with employers via a chatbot using AI and machine learning. Employees sign up anonymously and receive job postings based on their skills and career goals, while companies post detailed ads and are visible to applicants. The service is free for users and is used by 125,000 active users across Estonia, Finland, Sweden, Latvia, Lithuania and Germany, with 2,000 companies currently using the platform. The Tallinn-based HR startup was founded in September 2017 and completed a €1 million financing to support expansion into Germany. MeetFrank plans to open an office in Berlin and aims to attract 500,000 users and 2,000 corporate customers in Germany by the end of 2018. The app's anonymity approach is intended to reduce discrimination and promote diversity in hiring.

Participated · Series E · May 2019

DocPlanner combines a consumer-facing marketplace and reviews site with cloud software for individual doctors, dentists and other private healthcare providers. The platform processes about 1.5 million bookings per month, lists more than 2 million healthcare professionals across 15 countries, and has gathered 2.4 million patient reviews. Its SaaS aims to optimise patient flow, reduce no-shows and digitize administrative work to improve provider efficiency and patient outcomes. The company says the €80M Series E will be used to deepen penetration in core European and Latin American markets and to fund continued R&D to add software for clinicians. DocPlanner also remains open to acquisitions of young, cloud-based software companies to accelerate growth and has previously bought competitors in Turkey (2014) and Spain (2016). It employs around 1,000 people across offices in Warsaw, Barcelona, Istanbul, Rome, Mexico City and Curitiba and is running a recruitment drive with over 100 openings. DocPlanner operates a consumer-facing marketplace alongside cloud software for private healthcare providers, enabling professionals to manage profiles, respond to reviews and accept bookings. Its backend tools include calendar management, clinic administration features, a personal tele-assistant and automatic appointment reminders. The platform processes about 340,000 bookings per month, up from 200,000 a year earlier. DocPlanner merged with Spanish platform Doctoralia and has signaled openness to further acquisitions of cloud-based healthcare software. The company plans to expand beyond calendar management to offer more advanced solutions for doctor practices. It will use recent funding to open new offices in Brazil and Mexico and to boost marketing and sales in Southern Europe and Latin America. DocPlanner operates a consumer-facing marketplace and cloud-based practice management software for private healthcare providers, including doctors, dentists, dietitians, psychologists, and clinics. Patients use the platform to find and book appointments while medical professionals manage profiles, respond to reviews, handle bookings, and use tools such as calendar management, a personal tele-assistant, and automatic appointment reminders. The company processes about 200,000 bookings per month and reports 8 million monthly users across 25 countries. DocPlanner is headquartered in Poland and has about 200 employees located in offices in Warsaw, Istanbul, and Rome. It announced a merger with Spain’s Doctoralia, which claims 9 million monthly users and presence in 20 countries, aiming to create a market-leading combined business. The new funding will be used to accelerate international expansion and further develop the company's online practice management software. DocPlanner operates an online booking platform for private healthcare providers, including individual practitioners, small clinics, dentists and other specialists. The Polish startup is live in 25 markets across Europe, Africa, Asia and Latin America and attracts about seven million unique visitors per month. It books more than 100,000 appointments monthly and works with roughly 7,000 healthcare professionals, targeting 12,000 providers by year-end. Its business model combines a fixed fee for service providers plus a commission per booked appointment. DocPlanner plans to use new funding to expand further in Southern Europe, grow traffic in new markets, intensify monetization through marketing and increased sales efforts, and invest in senior management and hires such as an experienced CMO. DocPlanner operates a group of country-specific websites that provide an online physician appointment calendar and booking system. Its flagship product lets patients book open time slots, compare doctors’ availability and includes convenience features such as appointment text message reminders. The service is live in Poland, the Czech Republic, Slovakia, Russia and Germany with sites such as DrScore.ru in Russia. DocPlanner reports more than 2.5 million monthly unique users, including over 1.5 million in Poland and 600,000 in the Czech Republic, and generates “significant revenues.” The company was co-founded in 2010 by Mariusz Gralewski and is based in Warsaw. It plans to use new funding to expand into five additional markets—largely in Eastern Europe—and to further develop its online appointment system.