Top Investor

The most active investors in European unicorns

August 26, 2019
Swiss fintech startup Numbrs has received $40 million in funding from private investors, pushing its valuation above $1 billion. Launched in 2014, the Zurich-based company partners with banks and insurers such as Santander, Allianz and Barclays and has over €10 billion (around $11.1 billion) in managed assets. Numbrs allows users to manage all their bank accounts under one app, which has more than 2 million downloads. It brought in $27 million from investors including Israeli billionaire Marius Nacht in May 2018 and has reportedly raised nearly $200 million in total financing to date.

Numbrs is the ninth startup to join this year's European unicorn class—a third of which are fintech businesses—per the PitchBook Platform. German payments provider N26 joined the ranks in January with a $300 million Series D that valued the company at $2.7 billion and in May, its London-based peer Checkout.com landed $230 million in its first fundraise at a valuation of $2 billion. Other newly minted unicorns reportedly include healthtech startup Doctolib and OneTrust, the developer of a privacy management platform.

While Europe still has relatively few billion-dollar businesses compared to the US and Asia, its unicorn club has witnessed significant growth in the past few years. The continent currently has 33 unicorns, including over 20 that hit the $1 billion valuation in the last two years.

The rise in European unicorns is proof that VCs are increasingly willing to invest their money in startups from the continent, but a few names are cropping up more than others.

Using PitchBook data, we've compiled a list of the 10 most active investors in European companies valued at more than $1 billion, with their deal counts since the start of 2011 in parentheses.

1. Accel (16)
2. Index Ventures (15)
3. Passion Capital (8)
T-4. General Atlantic (7)
T-4. DST Global (7)
T-4. Valar Ventures (7)
T-7. DN Capital (6)
T-7. HV Holtzbrinck Ventures (6)
T-7. SoftBank (6)
T-7. Insight Partners (6)

Featured image via Peter Swan/iStock/Getty Images Plus
 

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