
Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Addendum Capital is an early-stage investment firm founded by Enrico Raggini in 2020. Based in Madrid, Spain, the firm focuses on investing in B2B SaaS companies, particularly those demonstrating scalability and a clear product-market fit. Since its inception, Addendum Capital has adopted a hands-on approach to foster growth and establish trusted relationships with founders. The firm primarily operates within the European Union, targeting innovative companies that are poised for significant growth.
As of now, Addendum Capital has not publicly disclosed its assets under management (AUM) or the total number of funds raised. However, the firm is known for its active engagement in the startup ecosystem, emphasizing a commitment to supporting early-stage companies. The firm’s notable milestones include its rapid establishment in the venture capital space and its focus on sectors that are critical to modern economies.
Addendum Capital invests in early-stage B2B SaaS companies, specifically those with a recurring revenue model. The firm targets businesses that have achieved early revenue, possess a Minimum Viable Product (MVP), and demonstrate a clear Product Market Fit (PMF). Their investment strategy emphasizes deep technology solutions that provide a competitive edge, focusing on sectors such as CyberSecurity, HealthTech, Data & Analytics, AgroTech, and Logistics. This strategic focus allows Addendum Capital to identify high-potential companies capable of achieving significant growth on a global scale.
The firm typically invests between €50K and €300K, making it accessible for startups at the pre-seed, seed, and Series A stages. Addendum Capital's geographical focus is primarily on companies based in the European Union, where they seek to support innovative solutions that can scale effectively. Their thesis revolves around investing in companies that not only have a technological edge but also align with emerging market trends.
Addendum Capital's portfolio includes several notable companies across various sectors. Key portfolio companies are:
This diverse portfolio reflects Addendum Capital's commitment to investing in companies that are not only innovative but also have the potential for substantial growth and impact in their respective industries.
Enrico Raggini - Founder & CEO. Enrico Raggini has a background in venture capital and entrepreneurship. He founded Addendum Capital in 2020 and has since focused on supporting early-stage B2B SaaS companies. His expertise lies in identifying high-potential startups and fostering growth through hands-on involvement.
To pitch to Addendum Capital, founders should use the dedicated application portal available at Pitch Us. It is important to include a comprehensive deck that outlines the business model, market opportunity, and financial projections. The firm prefers detailed information about the team and their backgrounds, as well as any traction the startup has achieved.
Response times may vary, but founders can expect to hear back within a few weeks. Warm introductions are beneficial but not strictly necessary for submission.
As of March 2023, Addendum Capital remains an active investor in the startup ecosystem, focusing on early-stage B2B SaaS companies. The firm has been recognized for its hands-on approach and commitment to supporting founders. Recent reports indicate that Addendum Capital continues to engage with innovative startups across Europe, particularly in sectors such as CyberSecurity, HealthTech, and AgroTech.
What are Addendum Capital's investment criteria?
Addendum Capital focuses on early-stage B2B SaaS companies with a recurring revenue model. They look for businesses that have achieved early revenue, possess a Minimum Viable Product (MVP), and demonstrate a clear Product Market Fit (PMF). The firm emphasizes deep technology solutions that provide a competitive edge.
How can I apply or pitch to Addendum Capital?
What makes Addendum Capital different from other investors?
Addendum Capital distinguishes itself through its hands-on approach, focusing on building strong relationships with founders. The firm actively engages in supporting portfolio companies with growth strategies and business development.
What is the geographic scope of Addendum Capital's investments?
The firm primarily invests in companies based in the European Union, targeting innovative startups that align with their investment thesis.
What is the typical check size for investments?
Addendum Capital typically invests between €50K and €300K in early-stage companies, allowing for a high volume of small-ticket investments.
What kind of post-investment involvement can founders expect?
Addendum Capital provides operational support and strategic guidance to its portfolio companies, helping them navigate growth challenges and capitalize on market opportunities.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.