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Since 2008, we’ve invested in 10–12 early-stage startups per year. 17 of them have surpassed $100M ARR, with many more on the way.

UNICORN BIAS
P9 INVESTMENT
SECTORS
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COMPANY
P9 INVESTMENT
LOCATION
STATUS
Westwing
2011
🇩🇪
Munich
Germany
IPO

Westwing offers a curated online destination for furniture, lighting, textiles, and accessories, alongside its private-label Westwing Collection. Headquartered in Munich and active across Europe, the company was founded in 2011 and is publicly listed on the Frankfurt Stock Exchange.

Germany
Pre-seed
false
Consumer
Pre-seed
2011
Whereby
2020
🇳🇴
Oslo
Norway
Active

Whereby provides secure, no-download video meetings and a developer-friendly video API used across telehealth, education, and customer support. Founded in Norway as appear.in in 2013 and rebranded in 2019, the company focuses on simplicity, customization, and privacy-first design.

Norway
Series A
false
PLG
Series A
2020
Wikifarmer
2022
🇬🇷
Athens
Greece
Active

Wikifarmer is a global platform that empowers farmers with free, expert-led education and a B2B marketplace to sell directly to verified buyers. It promotes fair, transparent agri-food trade and traceability while helping buyers source quality, sustainably produced goods.

Greece
Seed
false
B2B Marketplace
Seed
2022
Workerbase
2017
🇩🇪
Munich
Germany
Active

Workerbase helps factories modernize operations with a no-code connected worker suite for digital work instructions, task management, alerts, and data capture – linking people, machines, and IT systems. Manufacturers use it to boost productivity, quality, and agility without rebuilding the shop floor.

Germany
Seed
false
Enterprise
Manufacturing
Seed
2017
xChange
2017
🇩🇪
Hamburg
Germany
Active

Container xChange helps logistics companies buy, sell, and lease shipping containers worldwide on a trusted marketplace, with tools for tracking, partner vetting, and secure payments. Headquartered in Hamburg, the company serves thousands of members across global hubs.

Germany
Seed
false
B2B Marketplace
Logistics
Seed
2017
Xeneta
2014
🇳🇴
Oslo
Norway
Active

Xeneta is the leading ocean and air freight rate benchmarking and market intelligence platform, using crowdsourced data to deliver real-time pricing, capacity, and index insights that help shippers, forwarders, and carriers benchmark, plan, and negotiate better.

Norway
Seed
false
B2B Marketplace
Vertical Software
Logistics
Seed
2014
Yogaia
2015
🇫🇮
Helsinki
Finland
Active

Yogaia is an online wellness platform offering live and on-demand yoga, Pilates, strength, and mindfulness classes you can join from anywhere. Founded in Finland in 2013, it pioneered live, interactive sessions with optional camera-on feedback to bring studio energy home.

Finland
Seed
false
Consumer
Seed
2015
Zauber
2025
🇩🇪
Berlin
Germany
Active

Zauber is building the AI operating system for logistics, unifying tools like spot rate requests and TMS booking to automate planning and execution across the supply chain. Founded by Erik Muttersbach, co-founder of Forto, one of Europe’s largest digital freight forwarders, Zauber applies deep industry expertise to streamline global freight workflows through an integrated, AI-first platform.

Germany
Pre-seed
false
Enterprise
AI
Logistics
Pre-seed
2025
Zenaton
2018
🇫🇷
Paris
France
Acquired

Zenaton was a developer-focused workflow orchestration platform that automated and supervised complex business processes, handling retries and powering event-driven background jobs with simple code across workers and queues.

France
Seed
false
Dev Tools & Infra
Seed
2018
Zendesk
2008
🇩🇰
Copenhagen
Denmark
IPO

Zendesk builds customer service and experience software used by businesses to support, engage, and retain customers across email, chat, messaging, voice, and AI. Founded in Copenhagen in 2007 and now headquartered in San Francisco, Zendesk went public in 2014 and was taken private in 2022.

Denmark
Seed
true
PLG
Enterprise
CRM
Seed
2008
ZenML
2023
🇩🇪
Munich
Germany
Active

ZenML is an open-source MLOps and LLMOps framework that helps teams build reproducible, production-ready ML pipelines across any stack. Its code-first, pipeline-centric approach integrates with popular tools, and a managed cloud adds collaboration, governance, and enterprise support.

Germany
Seed
false
Dev Tools & Infra
AI
Open Source
Seed
2023
Zentist
2017
🇺🇸
San Francisco
USA
Active

Zentist provides an AI-powered dental revenue cycle management platform focused on dental support organizations (DSOs) and multi-site dental practices in the US.

USA
Seed
false
Vertical Software
Healthcare
Seed
2017
Zype
2016
🇺🇸
New York CIty
USA
Acquired

Zype provides an API-first video infrastructure solution that lets media companies manage, monetize, and distribute video content across web, mobile, and other platforms.

USA
Seed
false
Enterprise
Dev Tools & Infra
Seed
2016
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