Point Nine Capital
Point Nine (P9) is a Berlin-based thesis-driven early-stage venture capital firm founded in 2011 by Christoph Janz and Pawel Chudzinski, specializing in seed and pre-seed investments in B2B SaaS, developer tools, API infrastructure, B2B marketplaces, fintech and AI across Europe and beyond. Positioning itself as an angel-VC and typically the first institutional investor, it has backed startups including Zendesk, Contentful, Algolia, Loom, Typeform, Revolut, Delivery Hero, Docplanner, Chainalysis and Mambu. It has raised six flagship funds through the EUR 180M Fund VI closed in 2022.
Point Nine Capital is a Berlin venture capital firm with €640M AUM, 72 active companies and 14 exits.
- ·7 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 14 realized deals: 8 years.
- ·Fund cadence: ~2Y between vintages · last raise 2022.
Sector breakdown
86 companiesGeography breakdown
19 geographiesKey facts
Recent exits
Point Nine Capital sold Contentful to Salesforce in 2026 after 14 years.
Point Nine Capital sold Bearer to Cycode in 2024 after 5 years.
Point Nine Capital sold Loom to Atlassian in 2023 after 6 years.
Point Nine Capital sold Sqreen to Datadog in 2021 after 5 years.
Coverage notes
6 funds tracked, 86 portfolio companies (72 active · 14 realized). Verified weekly from public filings and deal announcements.
Investment team
Senior partners. Hand-checked from public filings and the firm's own site.
Funds & portfolio
Every fund Point Nine Capital has raised, with its portfolio companies. Hand-checked from public filings.
Point Nine Capital Fund VIVC2022€180M22 assetsVC2022 · 4yr€180M22–
Unrealized
22 held| Company | Entry |
|---|---|
| Aletiq Software · France | 2024 |
| Amperecloud ClimateTech · Germany | 2022 |
| BlueLayer ClimateTech · Germany | 2023 |
| Cryptio Fintech · France | 2022 |
| Draxon Software · Germany | 2025 |
| Duplo Fintech · Nigeria | 2024 |
| EraDrive Deep Tech · US | 2025 |
| Figures Software · France | 2022 |
| Forithmus HealthTech · Switzerland | 2026 |
| Polar Analytics Data & Analytics · US | 2022 |
| Poolside AI/ML · US | 2023 |
| Procuros SaaS · Germany | 2022 |
| Rekord Fintech · Ireland | 2025 |
| Reonic ClimateTech · Germany | 2023 |
| rerun Deep Tech · Sweden | 2024 |
| Root Global ClimateTech · Germany | 2024 |
| sensmore Deep Tech · Germany | 2025 |
| Sereact Deep Tech · Germany | 2023 |
| Vercept Deep Tech · US | 2025 |
| Wikifarmer AgTech · Greece | 2022 |
| Zauber Logistics · Germany | 2025 |
| ZenML Software · Germany | 2023 |
Point Nine Capital Fund VVC2020€100M10 assetsVC2020 · 6yr€100M10–
Unrealized
10 held| Company | Entry |
|---|---|
| Amenitiz SaaS · Spain | 2020 |
| Attio SaaS · UK | 2021 |
| CloudTalk SaaS · Slovakia | 2021 |
| Gourmey FoodTech · France | 2020 |
| incident.io Software · UK | 2021 |
| Qlub Fintech · United Arab Emirates | 2021 |
| SuperAnnotate Software · US | 2020 |
| Tenderly Software · US | 2021 |
| TradeLink Logistics · Germany | 2020 |
| Whereby Software · Norway | 2020 |
Point Nine Capital Fund IVVC2017€75M14 assets2 exitsVC2017 · 9yr€75M142
Unrealized
14 held| Company | Entry |
|---|---|
| Brainly Software · Poland | 2017 |
| cargo.one Logistics · Germany | 2018 |
| Factorial HR Tech · Spain | 2018 |
| Juro SaaS · UK | 2019 |
| Kaiko Fintech · France | 2019 |
| Laserhub Industrials · Germany | 2018 |
| Mavenoid AI/ML · Sweden | 2018 |
| NexHealth HealthTech · US | 2019 |
| PlayPlay SaaS · France | 2018 |
| Preply EdTech · US | 2017 |
| Shapr3D SaaS · Hungary | 2019 |
| Tier Mobility · Germany | 2018 |
| xChange Logistics · Germany | 2017 |
| Zentist SaaS · US | 2017 |
Point Nine Capital Fund IIIVC2015€55M8 assets1 exitsVC2015 · 11yr€55M81
Unrealized
8 heldRealized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Sqreen Cybersecurity · France | 2016 | 2021 | Trade Sale | Datadog | – |
Point Nine Capital Fund IIVC2013€40M9 assets1 exitsVC2013 · 13yr€40M91
Unrealized
9 heldRealized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Marley Spoon FoodTech · Germany | 2014 | 2018 | IPO | – | – |
Point Nine Capital Fund IActiveEvergreen20119 assets10 exitsEvergreen2011 · 15yr–910
Unrealized
9 held| Company | Entry |
|---|---|
| asgoodasnew E-commerce · Germany | 2010 |
| Clio SaaS · Canada | 2009 |
| Docplanner HealthTech · Poland | 2012 |
| Geckoboard Software · UK | 2010 |
| Handshake HR Tech · US | 2012 |
| Jobber SaaS · Canada | 2012 |
| Mambu Fintech · Germany | 2012 |
| StyleSeat SaaS · US | 2010 |
| Unbounce SaaS · Canada | 2011 |
Realized
10 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Contentful Software · Germany | 2012 | 2026 | Trade Sale | Salesforce | – |
| Delivery Hero FoodTech · Germany | 2010 | 2017 | IPO | – | – |
| FreeAgent Fintech · UK | 2009 | 2016 | IPO | – | – |
| Fyber TMT · Germany | 2010 | 2021 | Trade Sale | Digital Turbine | – |
| MisterSpex E-commerce · Germany | 2009 | 2021 | IPO | – | – |
| Momox E-commerce · Germany | 2009 | 2020 | Secondary | Verdane | – |
| Server Density SaaS · UK | 2011 | 2018 | Trade Sale | StackPath | – |
| Vend Software · New Zealand | 2011 | 2021 | Trade Sale | Lightspeed | – |
| Westwing E-commerce · Germany | 2011 | 2018 | IPO | – | – |
| Zendesk SaaS · US | 2008 | 2014 | IPO | – | – |
Portfolio platforms backed by Point Nine Capital made 13 researched add-on acquisitions during its ownership.
Frequently asked questions
- What investment strategy does Point Nine Capital focus on?
- Point Nine Capital focuses on VC strategies in the private equity space.
- How many portfolio companies does Point Nine Capital have?
- Point Nine Capital has 72 active portfolio companies and 14 completed exits and 6 funds tracked on GP Intel.
- Where is Point Nine Capital headquartered?
- Point Nine Capital is headquartered in Berlin, Germany.
- What is Point Nine Capital's assets under management?
- Point Nine Capital manages approximately €640M in assets under management.
- When was Point Nine Capital founded?
- Point Nine Capital was founded in 2011.
- What sectors does Point Nine Capital invest in?
- Point Nine Capital invests across Software, TMT, Business Services, Financials.
- What are Point Nine Capital's recent exits?
- Recent realized exits by Point Nine Capital include: Contentful (2026) to Salesforce; Bearer (2024) to Cycode; Loom (2023) to Atlassian; Sqreen (2021) to Datadog; Fyber (2021) to Digital Turbine; Vend (2021) to Lightspeed; Momox (2020) to Verdane; Server Density (2018) to StackPath.
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