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Cusp Capital Partners

Cusp Capital Partners

Essen, Germany·Founded 2021··cuspcapital.com

Cusp Capital Partners is an Essen-based early-stage venture capital firm founded in 2021 by the former Tengelmann Ventures team led by Christian Winter, which previously backed Zalando, Delivery Hero, Klarna and Scalable Capital. The firm invests in European software and technology companies at the seed and Series A stage, focusing on industry-specific SME software, the intersection of digitisation and sustainability, digital products for lower-income consumers, and next-generation European digital infrastructure. Cusp launched with a 300 million euro Fund I and operates offices in Essen and Berlin.

AUM
€300M
Funds
1
vintages 2021
Portfolio
22
Exits
2
SectorsSoftwareTMTBusiness Services

Key facts

HQEssen, Germany
Founded2021
Employees18+

Recent exits

Audvice
Software · 2024 · 3yr hold
Immerok
Software · 2023 · 1yr hold

Coverage notes

1 fund tracked, 24 portfolio companies (22 active · 2 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund Cusp Capital Partners has raised, with its portfolio companies. Hand-checked from public filings.

1 fund
Cusp Capital Fund IVC
2021 · 5yr€300M22 active · 2 realized

Unrealized

22 held
2501.AIActive
SoftwareFrance· Entry 2025
actoActive
SaaSGermany· Entry 2024
akenoActive
IndustrialsGermany· Entry 2025
SoftwareSweden· Entry 2023
CertHubActive
MedTechGermany· Entry 2026
SoftwareSwitzerland· Entry 2026
FixablyActive
SaaSFinland· Entry 2023
SaaSGermany· Entry 2022
HivebuyActive
SaaSGermany· Entry 2022
LaboraiActive
FintechSpain· Entry 2026
LeadityActive
SoftwareGermany· Entry 2025
LibeenActive
FintechSpain· Entry 2021
LivoActive
HealthTechSpain· Entry 2023
MaintenyActive
SaaSGermany· Entry 2023
MeightActive
LogisticsPortugal· Entry 2024
ONE WAREActive
Deep TechGermany· Entry 2025
PayflowActive
FintechSpain· Entry 2025
RecydaActive
SoftwareGermany· Entry 2024
SIDESActive
SoftwareGermany· Entry 2021
TacliaActive
SaaSSpain· Entry 2023
SoftwareGermany· Entry 2024
VIDAActive
SoftwareGermany· Entry 2023

Realized

2 exits
AudviceExited 2024
SoftwareAustria· Entry 2021
Trade Saleto
ImmerokExited 2023
SoftwareGermany· Entry 2022
Trade Saleto
Track Cusp Capital Partners

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Last updated July 2026 · Sourced from public filings