About Fly Ventures
Fly Ventures is a venture capital firm founded in 2016. It is primarily based out of Berlin, Germany. As of Apr 2026, Fly Ventures is an active investor, having invested in 70 companies, with 5 new investments in the last 12 months. It primarily invests in Seed round in United Kingdom based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Enterprise Infrastructure. Most recently it participated in the $***** Series A round of GitButler Overall, Fly Ventures portfolio has seen 2 unicorns, 1 IPO and 9 acquisitions including key companies like Dialpad, Wayve and Fernride. A lot of funds co-invest with Fly Ventures, with names like Compound sharing a substantial percentage of its portfolio. Fly Ventures has team of 9 people including 5 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Portfolio Soonicorns
Deals in last 12 months
Fly Ventures' List of Top Investments
Fly Ventures has a portfolio of 70 companies, including 2 unicorns. Their most notable investments are in Salv and Finiata.Their portfolio spans across United Kingdom, Germany, United States and 9 more locations. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 23 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Fly Ventures:
1. Dialpad
Provider of AI-powered contact center and unified communications platform solutions. The platform offers customer service, outbound sales, and all-in-one communication tools. It provides features such as AI agents, integrations with various applications, and analytics. The platform aims to streamline business communications and improve customer experience.
Key facts about Dialpad
- Founded Year: 2011
- Location: San Ramon (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $476M
- Employee Count: 1,457 as on Mar 31, 2026
- Investors: TriplePoint Capital, Section Partners and 42 Others
- Latest Funding Round: Series F, Dec 22, 2022, $*****
- Highlight: Editors' Pick
VR gaming development studio. It focuses on creating casual games. It has developed multiple VR games including Narrows, Wonderglade, and Bait. The games are available on the Google Play store, and Oculus store. It generates revenue through in-app purchases and paid games.
Key facts about Resolution Games
- Founded Year: 2015
- Location: Stockholm (Sweden)
- Stage: Series C
- Total Funding till date: $38.5M
- Employee Count: 142 as on Jul 01, 2024
- Investors: Creandum, GP Bullhound and 16 Others
- Latest Funding Round: Series C, Jul 14, 2021, $*****
- Highlight: Editors' Pick
Provider of an AI-native platform for debt market data and intelligence. It offers real-time debt market monitoring, comprehensive data, and artificial intelligence tools. The platform delivers insights across public, private, and distressed credit markets. It provides data, intelligence, and AI tools for deal origination, credit investing, and transaction advising.
Key facts about 9fin Technologies
- Founded Year: 2016
- Location: London (United Kingdom)
- Annual Revenue: £14.7M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $255M
- Employee Count: 458 as on Mar 31, 2026
- Investors: Spark Capital, CPP Investments and 37 Others
- Latest Funding Round: Series C, Mar 31, 2026, $*****
- Highlight: Editors' Pick
4. Wayve
Platform offering AI-enabled software for autonomous driving. The company develops systems that integrate artificial intelligence with cloud-based tools to support vehicle automation. AI Driver uses neural networks to enable adaptive driving, supporting features like intelligent speed assist, lane keeping, and emergency braking in a hardware-agnostic platform.
Key facts about Wayve
- Founded Year: 2017
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $2.52B
- Employee Count: 881 as on Mar 31, 2026
- Investors: SoftBank Group, Baillie Gifford and 53 Others
- Latest Funding Round: Series D, Feb 25, 2026, $*****
- Highlight: Editors' Pick
5. Fernride
Developer of autonomous driving platform for container terminals and yard operations. The platform automates cargo movement in container terminals, manufacturing facilities, and distribution centers. It enhances container movement efficiency and safety in mixed-traffic operations. The platform reduces risks and frees up personnel with unmanned vehicles. It optimizes yard operations, reducing idle time, eliminating inefficiencies, and boosting productivity. The autonomous trucks automate cargo movements between ports, facilities, and logistics hubs.
Key facts about Fernride
- Founded Year: 2019
- Location: Munich (Germany)
- Stage: Acquired
- Total Funding till date: $87.4M
- Employee Count: 11 as on Dec 31, 2020
- Investors: 10x Group, 10X Capital and 20 Others
- Latest Funding Round: Series A, Sep 04, 2025, $*****
- Highlight: Acquired
Fly Ventures' Year-on-Year Investment Trends
Fly Ventures has invested in 70 companies over the last 10 years, with an average of 5 new investments annually in the last 10 years. In 2025, it made 7 investments, while as of Apr 2026, it has made 3 investments in this year. Its most recent first time investment was in GitButler and most recent follow-on round was in GitGuardian.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 1 | 3 |
2025 | 5 | 2 | 7 |
2024 | 3 | 0 | 3 |
2023 | 8 | 2 | 10 |
2022 | 6 | 5 | 11 |
2021 | 6 | 1 | 7 |
2020 | 6 | 2 | 8 |
2019 | 5 | 0 | 5 |
2018 | 4 | 0 | 4 |
2017 | 4 | 3 | 7 |
Fly Ventures' Investments by Stage
Fly Ventures has made 28 investments in Seed stage with an average round size of $7.43M, 20 investments in Series A stage with an average round size of $12.4M, 2 investments in Series B stage with an average round size of $25.8M and 1 investment in Post IPO stage.Stage of entry | No. of Investments |
|---|---|
Seed | 28 |
Series A | 20 |
Series B | 2 |
Post IPO | 1 |
Note: We have considered here, only first round of investments
Fly Ventures' Investments by Sector
Fly Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Vertical SaaS, Enterprise Infrastructure and FinTech. Notably, it has invested in 63 Tech companies, 61 Enterprise (B2B) companies, 54 Software companies and at least 37 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 38 |
High Tech | 13 |
Vertical SaaS | 12 |
Enterprise Infrastructure | 9 |
FinTech | 8 |
Others | 64 |
Note: We have considered here, only first round of investments
Fly Ventures' Investments by Geography
Fly Ventures has made most investments in United Kingdom (14), followed by Germany where it has made 13 investments.Country | No. of Investments |
|---|---|
United Kingdom | 14 |
Germany | 13 |
United States | 7 |
France | 6 |
Estonia | 2 |
Others | 8 |
Note: We have considered here, only first round of investments
Fly Ventures' recent investments
Fly Ventures has made 3 investments in 2026 so far. GitButler and X Memory Analytics are the latest among them.Here are the most recent investments by Fly Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 08, 2026 | Panama | Series A | 1726 | [+1] | |
Mar 18, 2026 | United States | Seed | 9748 | [+6] | |
Feb 11, 2026 | France | Series C | 3642 | [+5] | |
Oct 10, 2025 | Germany | Seed | 9812 | [+4] | |
Jul 01, 2025 | United States | Seed | 5976 | [+13] |
Unicorns in Fly Ventures' Portfolio
Fly Ventures has 2 unicorns in its portfolio - Wayve and Dialpad. The most recent unicorn in their portfolio is Wayve. It became a unicorn in 2024, 4 years after Fly Ventures first invested in it.Here is a list of unicorns in Fly Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
67 | Platform offering AI-enabled software for autonomous driving | 2017 | London | Series D | yefzblt | ||
80 | Provider of AI-powered contact center and unified communications platform solutions | 2011 | San Ramon | Series F | olcoerl |
IPOs and Publicly Listed companies in Fly Ventures' Portfolio
1 of Fly Ventures' portfolio company became public - Bloomsbury. It got listed on the London Stock Exchange (LSE), in Jun 1994.Here are Fly Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 23, 1994 | Dec 21, 2017 | Post IPO | 2520 |
Acquired companies in Fly Ventures' Portfolio
9 companies from Fly Ventures' portfolio have been acquired. The most recent acquisition were Fernride in Dec 2025 by Quantum Systems.Here are Fly Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 17, 2025 | Jul 07, 2021 | Series A | 3522 | |
Nov 03, 2025 | - | - | 1580 | |
Sep 16, 2025 | Oct 13, 2023 | Series A | 4068 | |
Jun 11, 2025 | - | - | 6221 | |
Nov 04, 2024 | Aug 14, 2018 | Seed | 4168 |
Team profile of Fly Ventures
Fly Ventures has a team of 9 members including 5 Partners, 1 Venture Partner and 2 Principals located in Germany, United Kingdom and 1 more location. Fly Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Fly Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Berlin | - | ||
Partner | Zurich | - | ||
Partner | Berlin | |||
Partner | London | - | ||
Partner | Berlin | - | ||
Venture Partner | Berlin | - | - | |
Principal | Berlin | - | ||
Principal | Germany | - |
Co-investors of Fly Ventures
Over the past 10 years, 331 investors have co-invested in Fly Ventures's portfolio companies. This includes funds and angels.
- Invested before Fly Ventures: TechFounders, Europa and 35 others have invested in rounds before Fly Ventures. There are 3 companies where TechFounders has invested before Fly Ventures and 3 companies where Europa has invested before Fly Ventures.
- Top Co-investors of Fly Ventures: 159 investors entered a company along with Fly Ventures. These include investors like Compound (4 companies).
- Invested after Fly Ventures: A total of 135 investors have invested in Fly Ventures's portfolio after their investments. Top Investors include Munich Re (2 companies), Matt Robinson (2 companies) and Vertex Ventures (2 companies).
Recent News related to Fly Ventures
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GitButler raises $17M to simplify Git workflows for developersSiliconAngle•Apr 08, 2026•GitButler, Andreessen Horowitz, A.Capital Ventures, Fly Ventures and 1 other
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Xmemory Raises $4M in Pre-Seed FundingFinSMEs•Mar 18, 2026•33East, AAL Management, Begin Capital, Fly Ventures and 2 others
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Zymtrace Raises $12.2M to Optimize AI Workload Performance Across GPU InfrastructureSiliconAngle•Mar 11, 2026•Fly Ventures, Mango Captial, Zymtrace, 6 Degrees Capital and 2 others
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GitGuardian Raises $50M Series C for NHI and AI Agent SecuritySecurity Boulevard•Feb 11, 2026•Insight Partners, GitGuardian, Quadrille Capital, Balderton Capital and 4 others
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German Startup Remberg Secures €15 Million for AI-Powered Maintenance PlatformTrending Topics•May 20, 2025•Remberg, Acton Capital, Oxx, Earlybird and 2 others
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Remberg Raises €15 Million to Expand AI-Powered Maintenance PlatformStartup Rise EU•May 19, 2025•Remberg, Fly Ventures, Speedinvest, Earlybird and 2 others
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Zendo Energy Secures £1.75 Million Pre-Seed FundingUK Tech Investment News•May 12, 2025•Fly Ventures, PV-Tech
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London-based Zendo Raises £1.75M In Pre-Seed RoundStartup Rise EU•May 12, 2025•PactVC, Zendo, Fly Ventures, Octopus Ventures
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€4 Million for elea in Seed Funding RoundHamburg-Startups•Mar 13, 2025•Elea, Fly Ventures, Giant Ventures
