About Coparion
Coparion is a venture capital firm founded in 2016. It is primarily based out of Cologne, Germany. As of Jun 2024, Coparion has invested in 59 companies. It primarily invests in Series A round in Germany based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Life Sciences. Most recently it led the $2.21M Seed round of Veertly along with POLWARTH. This round also saw participation from Sebastian Amme and other investors.
Overall, Coparion portfolio has seen 2 unicorns and 11 acquisitions including key companies like FreshBooks, Grover and Cardior Pharmaceuticals. A lot of funds co-invest with Coparion, with names like HTGF sharing a substantial percentage of its portfolio.
Coparion has team of 17 people including 4 partners.
Key Metrics
Team Members
, &
Portfolio Count
Holidu, FreshBooks &
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed &
Portfolio Acquisitions
Portfolio Unicorns
Coparion's List of Top Investments
Coparion has a portfolio of 59 companies, including 2 unicorns. Their most notable investments are in foodcircle and Fractal.Their portfolio spans across Germany, United States, CanadaÌý²¹²Ô»å 2 more locations. They have invested in Enterprise Applications, High Tech, Life SciencesÌý²¹²Ô»å 22 other sectors, across stages such as Series A, Seed Ìý²¹²Ô»å 3 more. Here is the list of top investments by Coparion:1. Holidu
App-based meta-search platform for vacation rentals. Travelers can provide the destination, check-in/check-out, number of guests to search for vacation rental accommodations. Bookings can be done via their partner website. Their app is available for iOS & Android devices.
Key facts about Holidu

2. FreshBooks
Cloud-based invoicing and accounting software for businesses. It features solutions for invoicing, accounting, time tracking, online payment, project management, expense management, financial reporting, and more. The product is used by various small and medium industries, freelancers, and small teams. The application is available on Android and iOS platforms.
Key facts about FreshBooks
- Founded Year: 2003
- Location: Toronto (Canada)
- Annual Revenue: 24.7M HRK as on Dec 31, 2022
- Valuation: $1B as on Aug 10, 2021
- Stage: Series E
- Total Funding till date: $154M
- Employee Count: 613 as on Dec 31, 2024
- Investors: Oak Investment Partners, BMO and 19 Others
- Latest Funding Round: Conventional Debt, Mar 19, 2025, $125M
- Highlight: Editors' Pick
3. Grover
Online rental platform for multi-category consumer electronic products. The platform allows customers to rent computers, mobile phones, tablets, wearables, cameras, home entertainment, drones, and more. It also allows users to buy rental items by paying the difference amount. The application is available on Android and iOS platforms. It also offers rental services for organizations.
Key facts about Grover
- Founded Year: 2015
- Location: Miami (United States)
- Annual Revenue: €48M as on Dec 31, 2021
- Valuation: $1B as on Apr 07, 2022
- Stage: Series C
- Total Funding till date: $323M
- Employee Count: 131 as on Dec 31, 2020
- Investors: Kreos Capital, Commerzbank and 49 Others
- Latest Funding Round: Series C, Jul 18, 2024, $54.6M
- Highlight: Editors' Pick

4. Zeotap
Provider of an AI-based customer data intelligence platform. It provides a customer intelligence platform that allows businesses to integrate the data into the CRM. It also provides a platform that connects mobile network operators with the app and advertising ecosystem. It also provides an end-to-end solution for data aggregation, activation and monetization for deterministic mobile in-app targeting. Has integrations with various ad tech platforms and enables complete compatibility with many ad formats including banners, interstitial, video, etc.
Key facts about Zeotap
- Founded Year: 2014
- Location: Berlin (Germany)
- Stage: Series D
- Total Funding till date: $117M
- Employee Count: 62 as on Dec 31, 2021
- Investors: Singtel Innov8, IRIS and 41 Others
- Latest Funding Round: Series D, Nov 20, 2024, $25M
- Highlight: Editors' Pick
5.
'Shore' offers an online appointment booking, effective customer relationship management software. Its CRM comes with marketing features such as newsletters, customer feedback, and SMS appointment reminders. Its online booking software lets customers make appointments through your website, social media channels, or partner sites. Also, business will be listed in 35 partner directories, through which customers can locate and book appointments. It offers a subscription-based pricing policy.
Key facts about Shore
- Founded Year: 2013
- Location: Los Angeles (United States)
- Stage: Series A
- Total Funding till date: $14.4M
- Investors: Tiburon, HTGF and
- Latest Funding Round: Series A, Aug 01, 2016
Coparion's Year-on-Year Investment Trends
Coparion has invested in 59 companies over the last 8 years, with an average of 4 new investments annually in the last 5 years. In 2024, it made 4 investments. Its most recent first time investment was in Lanes & Planes and most recent follow-on round was in Tacalyx.
Year | No. of Investments | ||
---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 0 | 0 | 0 |
2024 | 0 | 4 | 4 |
2023 | 1 | 3 | 4 |
2022 | 6 | 6 | 12 |
2021 | 7 | 6 | 13 |
2020 | 9 | 2 | 11 |
2019 | 7 | 4 | 11 |
2018 | 11 | 4 | 15 |
2017 | 9 | 0 | 9 |

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Coparion's Investments by Stage
Coparion has made 25 investments in Series A stage with an average round size of $7.87M, 15 investments in Seed stage with an average round size of $3.92M, 6 investments in Series B stage with an average round size of $37.9M, 2 investments in Conventional Debt stage with an average round size of $42.9M and 2 investments in Series C stage with an average round size of $43.1M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
---|---|
Series A | 25 |
Seed | 15 |
Series B | 6 |
Conventional Debt | 2 |
Series C | 2 |
Coparion's Investments by Sector
Coparion has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Consumer, FinTech and Life Sciences. Notably, it has invested in 56 Tech companies, 48 Enterprise (B2B) companies, 30 Software companies and at least 23 companies focusing on Saas.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
---|---|
Enterprise Applications | 24 |
High Tech | 14 |
Consumer | 10 |
FinTech | 8 |
Life Sciences | 8 |
Others | 77 |
Coparion's Investments by Geography
Coparion has made most investments in Germany (46), followed by Austria where it has made 1 investment.
Note: We have considered here, only first round of investments
Country | No. of Investments |
---|---|
Germany | 46 |
Austria | 1 |
Canada | 1 |
Switzerland | 1 |
United States | 1 |
Coparion's recent investments
Here are the most recent investments by Coparion:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
---|---|---|---|---|---|
Jun 11, 2024 | Germany | Seed | $15.1M | Thuja Capital [+6] | |
May 30, 2024 | Germany | Series A | $4.12M | ||
Mar 14, 2024 | Germany | Series B | $139M | Nextech Invest [+12] | |
Jan 09, 2024 | Germany | Series B | $15M | Maven 11 [+4] | |
Oct 16, 2023 | Germany | Series B | $35M | Smash Capital [+3] |
Unicorns in Coparion's Portfolio
Here is a list of unicorns in Coparion's portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
---|---|---|---|---|---|---|---|
72 | Online rental platform for multi-category consumer electronic products | 2015 | Miami | Series C | pjmpizh | ||
72 | Cloud-based invoicing and accounting software | 2003 | Toronto | Series E | zvxsjxk |
Acquired companies in Coparion's Portfolio
Here are Coparion's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Jun 03, 2024 | Oct 06, 2017 | Series A | $3.52M | |
Mar 25, 2024 | Aug 25, 2021 | Series B | $76M | |
Mar 07, 2024 | Nov 22, 2018 | Series A | $7.4M | |
Dec 12, 2023 | Oct 21, 2021 | Seed | $2.21M | |
Dec 20, 2022 | Apr 04, 2017 | Series A | $5.5M |
Team profile of Coparion
Coparion has a team of 17 membersÌý¾±²Ô³¦±ô³Ü»å¾±²Ô²µ 4 Partners located in Germany, United States and . Coparion's team does not sit on the board of any company as of now.Here is a list of top team members in Coparion:
Name | Designation | Location | Board Memberships | Contact details |
---|---|---|---|---|
Partner | Cologne | - | ||
Partner | Cologne | - | ||
Partner | Dusseldorf | - | ||
Partner | Cologne | - | ||
Advisor | Germany | - | ||
Advisor | Cologne | - | - | |
Advisor | Palo Alto | - | ||
Associate | Cologne | - | ||
Associate | Cologne | - | ||
Associate | Cologne | - | ||
Associate | Dusseldorf | - |
Co-investors of Coparion
Over the past 8 years, 358 investors have co-invested in Coparion's portfolio companies.
- Invested before Coparion:ÌýHTGF, and 51 others have invested in rounds before Coparion. There are 4 companies where HTGF has invested before Coparion and 3 companies where European Union has invested before Coparion.
- Top Co-investors of Coparion:Ìý139 investors entered a company along with Coparion. These include investors like HTGF (5 companies).
- Invested after Coparion:ÌýA total of 166 investors have invested in Coparion's portfolio after their investments. Top Investors include HV Capital (3 companies), Insight Partners (2 companies) and (2 companies).

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