Purpose (Germany) Overview
- Investor Type
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Venture Capital
- Status
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Active
- Professionals
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13
- Investments
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55
- Portfolio
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44
- Exits
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9
Purpose (Germany) General Information
Company Description
Founded in 2015, Purpose is a venture capital firm based in Hamburg, Germany. The firm seeks to invest in the b2c, finance, and technology sectors. The firm focuses on early-stage and Series-A startups in Europe and the United States.
Business Details
Website
www.purpose-economy.orgYear Founded
Investor Status
Primary Investor Type
Other Investor Types
Corporate Office
- Süderstraße 73
- 20097 Hamburg
- Germany
Purpose (Germany) Investments (55)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| recalm | 08-May-2026 | Buyout/LBO | Other Hardware | Generating Revenue | ||
| about:source | 01-Dec-2024 | Software Development Applications | Generating Revenue | |||
| Haferkater | 05-Nov-2024 | Restaurants and Bars | Generating Revenue | |||
| AUGENHÖHE | 01-Aug-2024 | Education and Training Services (B2B) | Generating Revenue | |||
| Patagonia | 01-Aug-2024 | Clothing | Generating Revenue | |||
| Robert Bosch | 01-Aug-2024 | Automotive | Generating Revenue | |||
| dyve | 01-Aug-2024 | Software Development Applications | Generating Revenue | |||
| Wildplastic | 21-May-2024 | Other Consumer Durables | Generating Revenue | |||
| elobau | 01-Feb-2024 | PE Growth/Expansion | Electronic Equipment and Instruments | Generating Revenue | ||
| Firebrand Artisan Breads | 21-Sep-2023 | Later Stage VC | Food Products | Generating Revenue |
Purpose (Germany) Exits (9)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Somigo | 06-Aug-2026 | Out of Business | |
| soulbottles | 16-Jan-2026 | ||
| Creative Action Network | 01-Oct-2025 | ||
| PranaHaus | 01-Jun-2025 | ||
| Grome | 13-Nov-2024 | ||
| one4good | 03-Jan-2024 | ||
| Hudson Valley Mask Company | 04-Dec-2023 | ||
| Vertragswerk | 01-Jan-2023 | Out of Business | |
| Jolocom | Secondary Transaction - Private |
Purpose (Germany) Investments by Industry, Year, and Region
Purpose (Germany) Co-Investors (12)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| Karma Capital Group | 2 |
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| Impact Assets |
|
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| Matthias Fricke |
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| MicroVentures |
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| Planet A |
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Purpose (Germany) FAQs
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What is Purpose (Germany)?
Founded in 2015, Purpose is a venture capital firm based in Hamburg, Germany.
-
When was Purpose (Germany) founded?
Purpose (Germany) was founded in 2015.
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Where is Purpose (Germany) headquartered?
Purpose (Germany) is headquartered in Hamburg, Germany.
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What is Purpose (Germany)'s total asset value?
Purpose (Germany) has around in total assets under management.
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How many investments has Purpose (Germany) made?
Purpose (Germany) has made 55 investments.
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What has Purpose (Germany) invested in?
Purpose (Germany) has made numerous investments in companies like recalm, about:source, and Haferkater within the Hardware, Software Development Applications, and Restaurants and Bars industries.
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What has Purpose (Germany) invested in recently?
Purpose (Germany)'s latest investment was on 08-May-2026 in recalm, a company within the Hardware industry.
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