Cavalry Ventures (Germany)

Cavalry Ventures is a Berlin-based early-stage venture capital firm focused on seed and Series A investments in enterprise software, B2B SaaS, and data infrastructure companies primarily in Germany and the broader European market, investing in founders who are building scalable technology businesses targeting enterprise customers. The firm was founded by former entrepreneurs and operators with experience building and scaling technology companies in the German-speaking ecosystem, and brings a hands-on, conviction-driven investment approach focused on pre-revenue and early-revenue B2B software companies before most institutional capital enters. Cavalry typically invests with initial checks of EUR 500,000 to EUR 3 million, working closely with founders on product development, early customer acquisition, and Series A preparation. The German enterprise software market has particular strengths in logistics, manufacturing, financial services, and industrial automation, sectors where legacy systems are being replaced by modern software. Portfolio companies include Adjust, the mobile measurement and analytics platform acquired by AppLovin for approximately $1 billion in 2021; Raisin, the European open banking platform for savings products; Sennder, the digital full-truckload logistics platform; and NavVis, the indoor spatial intelligence platform for industrial facilities. Beyond its original investments in Adjust, Raisin, Sennder, and NavVis, the portfolio includes additional German and European enterprise software businesses.