TLDR:
- Swiss Venture Capital firm 14Peaks Capital closes its first fund at USD 30 million.
- The firm invests in B2B SaaS companies at the earliest stages with a focus on fintech and the future of work.
Full Article:
Swiss Venture Capital firm 14Peaks Capital has successfully closed its first fund, raising USD 30 million in capital commitments from a consortium of limited partners including high-net-worth individuals and family offices across Europe and the United States. Founded in 2022 by Edoardo Ermotti, the firm invests in early-stage B2B SaaS companies, particularly in the fintech and future of work sectors.
14Peaks Capital currently has 11 companies in its portfolio, including Rain, FlowFi, and Tune Insight. The firm aims to expand its portfolio to 25 companies from its first fund over the coming years. With a base in Europe and plans to expand to the United States, 14Peaks Capital intends to help companies grow beyond their home markets with strategic appointments to improve market coverage.
Overall, 14Peaks Capital’s unique approach to GP-LP relationships and focus on early-stage B2B SaaS companies in fintech and future work sectors has positioned it for success in the venture capital landscape.