HC
HV Capital
Venture capital firm · Founded 2000 · Active in 2026
HV Capital is a venture capital firm based in Munich, Germany, founded in 2000. The page below shows 38 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 · USA. HV Capital ranks #62 in Global in the 2026 Dealroom Power Law Investor Ranking by cross-stage outcomes.
HV Capital’s biggest exits.
HV Capital portfolio companies worth $1B+ that have IPO’d or been acquired. Each shows its valuation at exit and, in grey, its current value if still public.
The 38 HV Capital Power Law outcomes ($100M+ revenue or $1B+ valuation).
Snapshot of where the outcomes are concentrated by country, sector, and stage entered.
-
Germany26
-
UK3
-
USA3
-
France2
-
Spain1
-
Netherlands1
-
Singapore1
-
Russia1
-
eCommerce & Marketplaces12
-
Other5
-
AI5
-
Transportation4
-
Fintech4
-
Marketing3
-
Energy1
-
Space1
-
Edtech1
-
Robotics1
-
Cybersecurity1
-
Series B+17
-
Series A5
-
Seed13
HV Capital’s biggest current holdings.
An estimate of HV Capital’s largest live positions — disclosed shareholding × Dealroom’s latest valuation — across 9 companies where HV Capital is a named shareholder, worth about $1.8B in estimated equity value.
-
1
Scalable Capital
18%
$1.7B
$308M
-
2
Enpal
12%
$2.5B
$297M
-
3
N8n
5%
$5.2B
$260M
-
4
Quantum Systems
7.5%
$3.3B
$248M
-
5
Flix
7%
$3.3B
$231M
-
6
Verbit.ai
9.5%
$2.0B
$190M
- 7 8.5% $2.1B $180M
- 8 8% $1.1B $88M
- 9 11.36% $231M $26M
3 companies hidden on this public profile. Estimated value = HV Capital’s disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. See the underlying cap tables on Dealroom →
HV Capital's 38 Power Law outcomes.
How does HV Capital stack up?
HV Capital in orange, your selection in blue and other colours. Pick from the global roster of 609 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.
Share of new unicorns per year
% of global unicorns minted that year, year by year · hover the chart to see which unicornsStage focus
Companies by selected outcome stageSector focus
Companies per investor across the 10 highest-volume sectorsBeyond Unicorns — how the portfolio compounds
% of each investor's unicorn portfolio that later crossed $10B, $25B and $50B. Pick a sort tier and entry stage.Where HV Capital's portfolio founders come from — and where they studied.
167 founders across the 38 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.
Key people at HV Capital.
Market sentiment
What the market 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.
Want the full picture on HV Capital?
The Dealroom platform tracks every round, every co-investor, and every portfolio company in real time — across 25,000+ investors and 3M+ companies globally.