What investment strategy does neosfer focus on?

neosfer focuses on VC strategies in the private equity space.

How many portfolio companies does neosfer have?

neosfer has 27 active portfolio companies and 10 completed exits and 1 fund tracked on GP Intel.

Where is neosfer headquartered?

neosfer is headquartered in Frankfurt am Main, Germany.

What sectors does neosfer invest in?

neosfer invests across Software, Financials, Business Services, Energy.

What are neosfer's recent exits?

Recent realized exits by neosfer include: Gini (2026) to Banyan Software; Conpend (2025) to Cape Investment Partners; Open as App (2024) to Cloud Value Advisory; etvas (2023) to Mehrwerk; Tillhub (2022) to Unzer; e-bot7 (2021) to LivePerson; LANA Labs (2021) to Appian; Vermietet.de (2021) to Scout24.

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neosfer

Frankfurt am Main, Germany·Founded 2013·

Venture Capital

·neosfer.de

neosfer (formerly main incubator) was the early-stage corporate venture capital and innovation unit of Commerzbank Group, a wholly-owned GmbH subsidiary founded in 2013 in Frankfurt am Main as one of the first fintech CVCs at a major continental European bank. Investing directly off the Commerzbank balance sheet, it backed seed to Series A startups in fintech, B2B SaaS and sustainability with tickets of roughly EUR 250K to 2M across Europe, running invest, build and connect teams. Rebranded from main incubator to neosfer in April 2022, it built a portfolio of around 26 active holdings and 11 exits before Commerzbank wound down the unit on 30 June 2026. Its managing director was Matthias Lais, the founder of the original main incubator.

AUM

–

Funds

vintages 2013

Portfolio

Exits

neosfer is a Frankfurt am Main venture capital firm with 27 active companies and 10 exits.

SectorsSoftware Financials Business Services Energy

Key takeaways

·9 exits in the last 5 years · consistent DPI cadence.
·Average hold across 10 realized deals: 6 years.
·Top sector focus: Fintech (38% of portfolio).

Sector breakdown

37 companies

Fintech

14 · 38%

SaaS

7 · 19%

Software

6 · 16%

ClimateTech

3 · 8%

Cybersecurity

2 · 5%

Deep Tech

1 · 3%

AI/ML

1 · 3%

Consumer

1 · 3%

Geography breakdown

5 geographies

Germany

33 · 89%

Netherlands

1 · 3%

Estonia

1 · 3%

Sweden

1 · 3%

Key facts

HQFrankfurt am Main, Germany

Founded2013

Websiteneosfer.de

Recent exits

neosfer sold Gini to Banyan Software in 2026 after 12 years.

neosfer sold Conpend to Cape Investment Partners in 2025 after 7 years.

neosfer exited Clink in 2024 after 9 years.

neosfer sold Open as App to Cloud Value Advisory in 2024 after 7 years.

Partners

Matthias LaisManaging Director

Coverage notes

1 fund tracked, 37 portfolio companies (27 active · 10 realized). Verified weekly from public filings and deal announcements.

Investment team

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

Matthias Lais

Managing Director

Funds & portfolio

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

1 fund

Fund

Strategy

Vintage

Size

Assets

Exits

neosfer CVC (balance sheet)Active

Evergreen201327 assets10 exits

Evergreen

2013 · 13yr

–

Unrealized

27 held

Company	Entry
21strategies Deep Tech · Germany	2020
Authada Fintech · Germany	2018
Beatvest Fintech · Germany	2022
Bilendo Fintech · Germany	2016
Bling Fintech · Germany	2024
Candis Fintech · Germany	2017
Caya SaaS · Germany	2021
Circula SaaS · Germany	2019
Daato SaaS · Germany	2024
Dabbel ClimateTech · Germany	2021
Fairown Fintech · Estonia	2020
Global Changer Software · Germany	2021
Grover Consumer · Germany	2015
Lissi Cybersecurity · Germany	2023
Pliant Fintech · Germany	2021
Scompler SaaS · Germany	2020
Secfix Cybersecurity · Germany	2022
Spaciv SaaS · Germany	2021
Squake SaaS · Germany	2021
StockRepublic Fintech · Sweden	2021
Terra One ClimateTech · Germany	2024
TransFICC Fintech · UK	2017
Traxpay Fintech · Germany	2014
Triple Fintech · Germany	2023
Userlane SaaS · Germany	2016
Valsight Software · Germany	2020
vamo ClimateTech · Germany	2023

Realized

10 exits

Company	Entry	Exit	Type	Buyer	MOIC
Clink Fintech · Germany	2015	2024	–	–	–
Conpend Fintech · Netherlands	2018	2025	Secondary	Cape Investment Partners	–
e-bot7 Software · Germany	2017	2021	Trade Sale	LivePerson	–
etvas Fintech · Germany	2021	2023	Trade Sale	Mehrwerk	–
Gini AI/ML · Germany	2014	2026	Trade Sale	Banyan Software	–
LANA Labs Data & Analytics · Germany	2017	2021	Trade Sale	Appian	–
Open as App DevTools · Germany	2017	2024	Trade Sale	Cloud Value Advisory	–
retresco Software · Germany	2016	2018	Trade Sale	Medien Union	–
Tillhub Software · Germany	2018	2022	Trade Sale	Unzer	–
Vermietet.de Software · Germany	2017	2021	Trade Sale	Scout24	–

Frequently asked questions

What investment strategy does neosfer focus on?: neosfer focuses on VC strategies in the private equity space.
How many portfolio companies does neosfer have?: neosfer has 27 active portfolio companies and 10 completed exits and 1 fund tracked on GP Intel.
Where is neosfer headquartered?: neosfer is headquartered in Frankfurt am Main, Germany.
When was neosfer founded?: neosfer was founded in 2013.
What sectors does neosfer invest in?: neosfer invests across Software, Financials, Business Services, Energy.
What are neosfer's recent exits?: Recent realized exits by neosfer include: Gini (2026) to Banyan Software; Conpend (2025) to Cape Investment Partners; Open as App (2024) to Cloud Value Advisory; etvas (2023) to Mehrwerk; Tillhub (2022) to Unzer; e-bot7 (2021) to LivePerson; LANA Labs (2021) to Appian; Vermietet.de (2021) to Scout24.