Fly Ventures

What is Fly Ventures?

Fly Ventures is a venture capital firm based in Berlin, Germany, with a focus on seed and pre-series A investments primarily in the information technology sectors throughout Europe. Founded in 2016, they specialize in funding technically-minded founders who are addressing complex challenges, hence positioning themselves as a 'first check VC' for ambitious technical entrepreneurs.

Their investment range starts at €500,000, with a scope to support companies through the seed, startup, early stage, and Series A phases of growth.

With a deep expertise in equity funding, Fly Ventures has a diversified interest across various industries including Software (Web Marketplace, SaaS, etc.), IT & TMT, Media, Education, Business Solutions, FinTech & Financial Services, Hardware & Manufacturing, Retail & E-Commerce, IoT & Wearables, A.I. & Big Data, HealthTech & Fitness, and others.

They leverage their extensive network and expertise to support portfolio companies in scaling their operations and achieving significant milestones.

Their impressive track record is evident as more than 60% of their portfolio companies have gone on to secure follow-on funding from top-tier US or European VCs, with outsized fundraising efforts such as those by Elea in healthcare provider workflows, Lakera in AI cybersecurity, 9fin in AI-based debt capital market intelligence, and Axiom in cloud native observability.

Beyond the provision of capital, Fly Ventures is dedicated to being part of the 'zero to one' journey, signifying their commitment from the earliest stages of a company’s development. The firm is supported by InnovFin Equity, under the European Union's Horizon 2020 Financial Instruments, and the European Fund for Strategic Investments (EFSI), which is part of the Investment Plan for Europe aimed at facilitating access to finance for investments within the EU.