What investment strategy does Berliner Volksbank Ventures focus on?

Berliner Volksbank Ventures focuses on VC strategies in the private equity space.

How many portfolio companies does Berliner Volksbank Ventures have?

Berliner Volksbank Ventures has 8 active portfolio companies and 4 completed exits and 2 funds tracked on GP Intel.

Where is Berliner Volksbank Ventures headquartered?

Berliner Volksbank Ventures is headquartered in Berlin, Germany.

What is Berliner Volksbank Ventures's assets under management?

Berliner Volksbank Ventures manages approximately €30M in assets under management.

When was Berliner Volksbank Ventures founded?

Berliner Volksbank Ventures was founded in 2015.

What sectors does Berliner Volksbank Ventures invest in?

Berliner Volksbank Ventures invests across Financials, Software, Real Estate.

What are Berliner Volksbank Ventures's recent exits?

Recent realized exits by Berliner Volksbank Ventures include: Penta (2022) to Qonto; flexperto (2021) to RGI; inventorum (2020) to Shore GmbH; figo (2019) to finleap connect.

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Berliner Volksbank Ventures

Berlin, Germany·Founded 2015·

Venture Capital

·volksbank-ventures.berlin

Berliner Volksbank Ventures is the corporate venture capital arm of Berliner Volksbank eG, one of Germany's largest regional cooperative banks, founded in October 2015 to take minority stakes as lead or co-investor in early-stage fintech, proptech and B2B SaaS startups with initial tickets of EUR 0.25-1.0 million. Its first CVC vehicle deployed around EUR 20 million from the bank's balance sheet into companies such as figo, LIQID, inventorum, flexperto, PlanRadar and Tradeplus24. In 2020 the activity was institutionalised as the VR Ventures fund (Berliner Volksbank anchoring EUR 10 million alongside other cooperative Volksbanken and a life insurer), managed jointly with Redstone's fintech team. In May 2025, after ten years of cooperation, the management company VR Ventures Management was rebranded Redstone Fintech Management with Redstone taking a majority stake, and a third fund, Redstone Fintech and Beyond Fund III, was launched targeting EUR 100 million with Berliner Volksbank as anchor.

AUM

€30M

Funds

vintages 2015–2020

Portfolio

Exits

Berliner Volksbank Ventures is a Berlin venture capital firm with €30M AUM, 8 active companies and 4 exits.

SectorsFinancials Software Real Estate

Key takeaways

·Average hold across 4 realized deals: 3 years.
·Top sector focus: Fintech (58% of portfolio).
·Fund cadence: ~5Y between vintages · last raise 2020.

Sector breakdown

12 companies

Fintech

7 · 58%

ClimateTech

1 · 8%

AI/ML

1 · 8%

InsurTech

1 · 8%

SaaS

1 · 8%

Construction

1 · 8%

Geography breakdown

3 geographies

Germany

10 · 83%

Austria

1 · 8%

Switzerland

1 · 8%

Key facts

HQBerlin, Germany

Founded2015

Websitevolksbank-ventures.berlin

Recent exits

Berliner Volksbank Ventures sold Penta to Qonto in 2022 after 2 years.

Berliner Volksbank Ventures sold flexperto to RGI in 2021 after 5 years.

Berliner Volksbank Ventures sold inventorum to Shore GmbH in 2020 after 4 years.

Berliner Volksbank Ventures sold figo to finleap connect in 2019 after 2 years.

Partners

Timo FleigManaging Director / Partner

Coverage notes

2 funds tracked, 12 portfolio companies (8 active · 4 realized). Verified weekly from public filings and deal announcements.

Investment team

Senior partners. Hand-checked from public filings and the firm's own site.

Timo Fleig

Managing Director / Partner

Funds & portfolio

Every fund Berliner Volksbank Ventures has raised, with its portfolio companies. Hand-checked from public filings.

2 funds

Fund

Strategy

Vintage

Size

Assets

Exits

VR Ventures Fund IIActive

Evergreen20204 assets1 exits

Evergreen

2020 · 6yr

–

Unrealized

4 held

Company	Entry
Banxware Fintech · Germany	2021
CarbonX ClimateTech · Germany	2024
Empion AI/ML · Germany	2022
Finanzguru Fintech · Germany	2022

Realized

1 exit

Company	Entry	Exit	Type	Buyer	MOIC
Penta Fintech · Germany	2020	2022	Trade Sale	Qonto	–

Berliner Volksbank Ventures Fund I

VC2015€20M4 assets3 exits

2015 · 11yr

€20M

Unrealized

4 held

Company	Entry
Liqid Fintech · Germany	2017
PlanRadar Construction · Austria	2017
remind.me Fintech · Germany	2019
Tradeplus24 Fintech · Switzerland	2019

Realized

3 exits

Company	Entry	Exit	Type	Buyer	MOIC
figo Fintech · Germany	2017	2019	Trade Sale	finleap connect	–
flexperto InsurTech · Germany	2016	2021	Trade Sale	RGI	–
inventorum SaaS · Germany	2016	2020	Trade Sale	Shore GmbH	–

Frequently asked questions

What investment strategy does Berliner Volksbank Ventures focus on?: Berliner Volksbank Ventures focuses on VC strategies in the private equity space.
How many portfolio companies does Berliner Volksbank Ventures have?: Berliner Volksbank Ventures has 8 active portfolio companies and 4 completed exits and 2 funds tracked on GP Intel.
Where is Berliner Volksbank Ventures headquartered?: Berliner Volksbank Ventures is headquartered in Berlin, Germany.
What is Berliner Volksbank Ventures's assets under management?: Berliner Volksbank Ventures manages approximately €30M in assets under management.
When was Berliner Volksbank Ventures founded?: Berliner Volksbank Ventures was founded in 2015.
What sectors does Berliner Volksbank Ventures invest in?: Berliner Volksbank Ventures invests across Financials, Software, Real Estate.
What are Berliner Volksbank Ventures's recent exits?: Recent realized exits by Berliner Volksbank Ventures include: Penta (2022) to Qonto; flexperto (2021) to RGI; inventorum (2020) to Shore GmbH; figo (2019) to finleap connect.