DN Capital is a European early-stage venture capital firm with operations in London, Berlin and Silicon Valley that focuses on Series A investments in software, fintech and consumer internet.
Portfolio
6
companies
Fimple
Fimple develops a composable core banking platform for financial institutions.
Chattermill
Chattermill offers a unified customer intelligence platform powered by deep learning artificial intelligence.
Napo
Napo offers technology-driven pet insurance focussed on preventative care and education.
Divido
Divido provides a white-label platform for retail finance and point of sale payments.
Weezy
Weezy delivers groceries and household essentials to customers in fifteen minutes.
Hometree
Hometree operates a digital home services and insurance platform for residential properties.
Nenad Marovac
Founder and Managing Partner
Guy Ward Thomas
Partner
The round was co-led by DN Capital and Smartfin with participation from Albaraka Portfolio and Tera Portfolio.
"Banks worldwide face the challenge of replacing outdated legacy systems while competing with agile fintechs. Fimple offers an ideal solution, enabling banks to launch new products and brands quickly and efficiently."
The Series B round was led by Beringea to support platform growth and expansion across the US and Europe.
"Customers today share vast amounts of feedback online across a wealth of platforms and channels, providing a huge opportunity for businesses to drive performance through customer insight. However, the current solutions in the market lack flexibility and accuracy when analysing this unstructured customer feedback across a wide range of sectors. Chattermill has, therefore, enabled a blue-chip roster of clients to tap into a ‘data gold mine’ that had previously been out of reach – the highly-scalable, intuitive product that Mikhail, Dmitry, and their exceptional team is demonstrating immense opportunity as proven by their rapid growth."
DN Capital led the oversubscribed Series A round to support product rollout and market expansion.
"Our mental model is fundamentally different from traditional pet insurance. We are aligning all stakeholders to look in the same direction by helping people to take better care of their pets."
The funding round was led by HSBC and ING to fuel international growth.
"The retail finance market is in a period of exponential growth, expected to hit $2.5 trillion next year. This provides banks with the opportunity to increase lending revenue, diversify their portfolio and neutralise the threat from new entrants."
"People are no longer happy to wait around for deliveries, and there is strong demand for a more efficient service. Weezy customers love the friendliness of our team, the quality of our produce, and our quick, accurate delivery times. This new funding round will allow us to expand the team and our footprint to bring Weezy to more customers across the UK."
Anthemis led the financing round with participation from DN Capital, Literacy Capital, and Silicon Valley Bank.
"Our objective in the next 2-3 years is to become the leading challenger brand in the Home Cover market. This new funding will help us accelerate our plans at a time when homeowners across the UK need peace of mind more than ever. We are incredibly excited to be able to help homeowners have one less worry at this incredibly stressful time in all of our lives."
