TLDR:
- Swiss venture capital firm 14Peaks closed its first fund of over €28 million
- Invests in B2B SaaS companies, focusing on fintech and the future of work
Venture capital firm 14Peaks Capital, based in Switzerland, has successfully closed its first fund of over €28 million. The fund, led by Edoardo Ermotti, invests in B2B SaaS companies at the earliest stages, with a specific interest in fintech and the future of work. The team is already investing and has 11 companies in its portfolio. Ermotti’s unique approach involves raising capital from an intimate circle of highly-vetted individuals to create a closer, stronger relationship between GPs, LPs, and founders.
The firm focuses on investing in proprietary technology with strong defensible moats within the fintech and future of work sectors. Ermotti aims to support portfolio companies in accelerating traction through targeted strategies and recruitment efforts. With plans for team expansion in the United States, 14Peaks aims to expand its portfolio to 25 companies in the coming years while maintaining a concentrated focus on demonstrating the efficacy of its unique model to both LPs and founders.
