L1 Technology Overview

  • Investor Type
  • Growth/​Expansion

  • Status
  • Active

  • Investments
  • 6

  • Portfolio
  • 1

  • Exits
  • 4

Exits

L1 Technology General Information

Company Description

Founded in 2015, L1 Technology is a growth equity firm based in Luxembourg. The firm prefers to invest in the telecom and technology sectors.

Business Details

Formerly Known As
Letterone Telecom (Uk) Llp, Altimo (Uk) Llp
Year Founded
2015
Investor Status
Actively Seeking New Investments
Primary Investor Type
Growth/Expansion
Other Investor Types
PE/Buyout
Venture Capital
Corporate Office
  • 20 Grafton Street
  • London W1S 4DZ
  • England, United Kingdom

L1 Technology Investments (6)

L1 Technology’s most recent investment was a with Optiva. The deal was made on 31-Dec-2025.

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
Optiva 31-Dec-2025 Business/Productivity Software Generating Revenue
Qvantel 31-Jul-2016 Business/Productivity Software Profitable
Uber 24-May-2016 Automotive Profitable
FreedomPop 20-Jan-2016 Telecommunications Service Providers Generating Revenue
Turkcell Iletisim Hizmetleri PIPE Telecommunications Service Providers Profitable
You’re viewing 5 of 6 investments. Get the full list »

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

L1 Technology Exits (4)

L1 Technology has made a total of 4 exits. Its latest exit was from Qvantel on 01-May-2025. The exit was categorized as .

Company Name Exit Date Exit Type Exit Size
Qvantel 01-May-2025
FreedomPop 21-Jun-2019
Uber 10-May-2019
Turkcell Iletisim Hizmetleri 11-May-2017 Secondary Transaction - Open Market
To view L1 Technology’s complete exits history, request access »

L1 Technology Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

PitchBook’s data visualizations quickly surface an investor’s historical investments—showing a breakdown of activity by industry, year and region.

Request a free trial

L1 Technology FAQs

  • What is L1 Technology?

    Founded in 2015, L1 Technology is a growth equity firm based in Luxembourg.

  • When was L1 Technology founded?

    L1 Technology was founded in 2015.

  • Where is L1 Technology headquartered?

    L1 Technology is headquartered in London, United Kingdom.

  • What is L1 Technology's total asset value?

    L1 Technology has around in total assets under management.

  • How many investments has L1 Technology made?

    L1 Technology has made 6 investments.

  • What has L1 Technology invested in?

    L1 Technology has made numerous investments in companies like Optiva, Qvantel, and Uber within the Business/Productivity Software and Automotive industries.

  • What has L1 Technology invested in recently?

    L1 Technology's latest investment was on 31-Dec-2025 in Optiva, a company within the Business/Productivity Software industry.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process