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Marondo Capital

Marondo Capital

Munich, Germany·Founded 2016··marondo.com

Marondo Capital is a Munich-based growth-equity investor founded in 2016 that backs profitable technology SMEs (Hidden Champions) in the DACH region through its Marondo Small-Cap Growth Fund I, writing tickets of EUR 5-15 million into software, healthcare-IT, cybersecurity and e-commerce companies. The firm has since repositioned toward dual-use, defence and critical-infrastructure technology and is raising a larger second fund around that thesis. It has offices in Munich and Stuttgart and is backed by institutional LPs including the European Investment Fund.

AUM
€75M
Funds
1
vintages 2018
Portfolio
10
Exits
1

Marondo Capital is a Munich growth equity firm with €75M AUM, 10 active companies and 1 exit.

Sector breakdown

11 companies
Software
2 · 18%
Business Services
1 · 9%
Healthcare
1 · 9%
E-commerce
1 · 9%
SaaS
1 · 9%
TMT
1 · 9%
HealthTech
1 · 9%

Geography breakdown

2 geographies
Germany
9 · 82%
Switzerland
2 · 18%

Key facts

HQMunich, Germany
Founded2016

Recent exits

Marondo Capital sold Datavard AG to SNP Schneider-Neureither & Partner SE in 2021 after 2 years.

Coverage notes

1 fund tracked, 11 portfolio companies (10 active · 1 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

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

1 fund
Marondo Small-Cap Growth Fund I
Growth2018€72M10 assets1 exits

Unrealized

10 held
CompanyEntry
A+G connect GmbH
Germany
2024
ACG Advisors AG
Switzerland
2023
ACG Automation Consulting Group
Business Services · Germany
2022
Cybex Digital
Switzerland
2026
GFS Gesellschaft fuer Statistik im Gesundheitswesen
Healthcare · Germany
2021
OXID eSales
E-commerce · Germany
2019
rooom AG
Software · Germany
2023
SPH AG
SaaS · Germany
2023
Textbroker
TMT · Germany
2022
ysura GmbH
HealthTech · Germany
2021

Realized

1 exit
CompanyEntryExitTypeBuyerMOIC
Datavard AG
Software · Germany
20192021Trade SaleSNP Schneider-Neureither & Partner SE–

Frequently asked questions

What investment strategy does Marondo Capital focus on?
Marondo Capital focuses on Growth strategies in the private equity space.
How many portfolio companies does Marondo Capital have?
Marondo Capital has 10 active portfolio companies and 1 completed exit and 1 fund tracked on GP Intel.
Where is Marondo Capital headquartered?
Marondo Capital is headquartered in Munich, Germany.
What is Marondo Capital's assets under management?
Marondo Capital manages approximately €75M in assets under management.
When was Marondo Capital founded?
Marondo Capital was founded in 2016.
What sectors does Marondo Capital invest in?
Marondo Capital invests across Software, Healthcare, Business Services, TMT.
What are Marondo Capital's recent exits?
Recent realized exits by Marondo Capital include: Datavard AG (2021) to SNP Schneider-Neureither & Partner SE.
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Last updated July 2026 · Sourced from public filings · Report an issue