
Day One Capital
Description
Day One Capital is a prominent early-stage venture capital fund headquartered in Budapest, Hungary, with a strategic focus on technology companies across Europe that harbor global ambitions. The firm primarily targets Seed and Series A funding rounds, actively seeking out innovative startups in high-growth sectors. Their investment thesis centers on areas such as B2B SaaS, Artificial Intelligence, Deep Tech, Fintech, Health Tech, and the Future of Work, demonstrating a broad yet specialized interest in transformative technologies.
Since its inception, Day One Capital has built a robust portfolio, having made over 30 investments and successfully facilitated 10 exits, showcasing a strong track record in identifying and nurturing promising ventures. The firm prides itself on offering more than just capital, providing hands-on support, strategic guidance, and access to an extensive network to help portfolio companies scale effectively. This founder-friendly approach is a cornerstone of their operational philosophy.
Their current and most active fund, Day One III, was launched in 2021 with a target size of €40 million. This fund enables Day One Capital to deploy significant capital into its chosen markets. Typical initial investment checks from Day One Capital range from €200,000 to €1 million, with the capacity for follow-on investments that can extend up to €3 million as companies achieve key milestones and demonstrate continued growth. This flexible investment strategy allows them to support companies from early traction through significant expansion phases.
Investor Profile
Day One Capital has backed more than 49 startups, with 5 new investments in the last 12 months alone. The firm has led 14 rounds, about 29% of its total and boasts 6 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in Hungary, United States, Croatia.
- Strong thematic focus on Software, Artificial Intelligence (AI), Information Technology.
- Led 2 rounds in the past year.
- Typical check size: $216K – $1.1M.
Stage Focus
- Seed (53%)
- Series A (22%)
- Series B (8%)
- Pre Seed (6%)
- Series Unknown (4%)
- Convertible Note (4%)
- Series C (2%)
Country Focus
- Hungary (39%)
- United States (20%)
- Croatia (8%)
- Romania (8%)
- Czech Republic (6%)
- Ireland (4%)
- Sweden (4%)
- Slovenia (2%)
- Switzerland (2%)
- Macedonia (2%)
Industry Focus
- Software
- Artificial Intelligence (Ai)
- Information Technology
- Automotive
- Manufacturing
- Hardware
- Robotics
- Enterprise Software
- Media And Entertainment
- Saas
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