
Target Partners
Description
Target Partners is a prominent early-stage venture capital firm headquartered in Munich, Germany, specializing in investments across the technology sector. The firm is a significant player in the German and broader European startup ecosystem, focusing on innovative companies in areas such as software, IT, internet, mobile, industrial tech, and deep tech, with occasional forays into life sciences. Their investment strategy encompasses seed and early-stage rounds, and they actively participate in subsequent growth funding rounds to support their portfolio companies' expansion.
Known for its hands-on approach, Target Partners extends beyond capital provision, offering strategic guidance, operational support, and leveraging its extensive network to facilitate the scaling of its portfolio companies. The firm typically deploys initial investments ranging from €1 million to €5 million, which translates to approximately $1.08 million to $5.4 million USD, reflecting their commitment to early-stage development. Furthermore, Target Partners demonstrates a long-term commitment by being capable of investing up to €20 million (around $21.6 million USD) per company over multiple funding rounds.
With over €300 million in total capital raised across its various funds, Target Partners has built a robust portfolio of successful ventures. This includes early investments in high-profile companies like FlixBus and Celonis, both of which have achieved substantial global recognition and valuation. Other notable investments include smart home climate control provider Tado and drone detection system developer Dedrone. This proven track record solidifies Target Partners' reputation as a pivotal investor capable of identifying and nurturing promising technology startups with significant growth potential.
Investor Profile
Target Partners has backed more than 109 startups, with 0 new investments in the last 12 months alone. The firm has led 43 rounds, about 39% of its total and boasts 22 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Series C rounds (top funding stages).
- Majority of deals are located in Germany, United States, Switzerland.
- Strong thematic focus on Software, Enterprise Software, SaaS.
- Typical check size: $1.1M – $5.4M.
Stage Focus
- Series A (34%)
- Series B (21%)
- Series C (14%)
- Seed (13%)
- Series Unknown (7%)
- Series D (7%)
- Series E (4%)
Country Focus
- Germany (78%)
- United States (15%)
- Switzerland (3%)
- Denmark (3%)
- Norway (2%)
Industry Focus
- Software
- Enterprise Software
- Saas
- Information Technology
- Electronics
- Clean Energy
- Big Data
- Apps
- Telecommunications
- Hardware
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.