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.
Dawn Capital is a venture capital firm founded in 2007 and headquartered in London, UK. The firm has established itself as one of Europe's largest specialist B2B software investors, with over $2 billion in total commitments. Dawn Capital focuses on backing European founders who are building software companies with the potential to become global leaders. The firm has a strong track record, having invested in 85 companies, including 8 unicorns.
As of 2022, Dawn Capital manages a fund size of $600 million, which allows them to make investments ranging from $1 million to $30 million. The firm primarily targets companies in Europe, including the United Kingdom, Nordics, and DACH regions. Their notable milestones include backing successful companies such as iZettle, which was acquired by PayPal, and Mimecast, which went public.
Dawn Capital invests primarily in B2B software across various sectors, including SaaS, fintech, cybersecurity, data infrastructure, and artificial intelligence. The firm operates across multiple stages, from seed to Series C, allowing them to support companies at different points in their growth journey. Their check size ranges from $1 million to $30 million, providing flexibility to meet the needs of diverse startups.
The firm seeks ambitious founders who are building innovative solutions in the software space. Dawn Capital emphasizes the importance of a strong go-to-market strategy and a clear vision for scaling. Their investment thesis is centered on identifying companies that have the potential to become leaders in their respective markets, particularly in the technology sector.
Dawn Capital has a diverse portfolio of 85 companies, showcasing a strong focus on enterprise software. Notable portfolio companies include:
This portfolio reflects Dawn Capital's strong track record in scaling B2B software companies and their commitment to supporting innovative solutions in the technology sector.
Josh Bell: General Partner at Dawn Capital, Josh has extensive experience in venture capital and has led numerous successful investments in the B2B software sector.
Dan Chaplin: Partner at Dawn Capital, Dan specializes in identifying high-potential software companies and has a strong background in technology investments.
Shamillah Bankiya: Partner at Dawn Capital, Shamillah brings expertise in scaling software businesses and has a track record of successful exits.
Norman Fiore: General Partner, Norman has a wealth of experience in venture capital and has been instrumental in building Dawn Capital's reputation in the B2B software space.
Evgenia Plotnikova: General Partner, Evgenia focuses on supporting portfolio companies in their growth journeys and has a strong background in technology.
Henry Mason: Partner at Dawn Capital, Henry has a keen eye for emerging technologies and has led investments in several successful startups.
Zoe Qin: Vice President, Zoe supports the investment team and works closely with portfolio companies to drive growth.
Andrea Guariglia: Investor at Dawn Capital, Andrea focuses on sourcing new investment opportunities and has a strong background in software.
To pitch to Dawn Capital, founders should visit their website at dawncapital.com/get-in-touch/. It is recommended to include a comprehensive pitch deck that outlines the business model, market opportunity, competitive analysis, and team background. Founders should expect a response within a few weeks, and warm introductions are preferred but not mandatory.
On December 1, 2025, Dawn Capital made its latest investment, continuing its active engagement in the B2B software sector. In the past 12 months, the firm has completed 10 investments, demonstrating its commitment to supporting ambitious European software companies.
Upcoming events include the AI Breakfast scheduled for March 31, 2026, which will focus on enterprise challenges related to AI, and the CFO Summit on March 17, 2026, aimed at CFOs in the startup ecosystem. These events reflect Dawn Capital's ongoing thought leadership and engagement in the industry.
What are Dawn Capital's investment criteria?
Dawn Capital primarily invests in B2B software companies across Europe, focusing on sectors such as SaaS, fintech, cybersecurity, data infrastructure, and AI. They target companies at various stages, from seed to Series C, with check sizes ranging from $1 million to $30 million.
How can I apply or pitch to Dawn Capital?
Founders can pitch to Dawn Capital through their website at dawncapital.com/get-in-touch/. It is recommended to include a clear business plan, market analysis, and details about the founding team in the pitch deck.
What makes Dawn Capital different from other VCs?
Dawn Capital has a deep expertise in B2B software and a strong track record of backing successful companies. They provide not only capital but also valuable support in go-to-market strategies and access to a broad network of industry contacts.
What is the geographic scope of Dawn Capital's investments?
The firm focuses on investments in Europe, particularly in the United Kingdom, Nordics, and DACH regions. They are dedicated to supporting ambitious European software companies.
What is Dawn Capital's post-investment involvement like?
Dawn Capital actively engages with their portfolio companies, providing operational support, strategic guidance, and access to their extensive network. They aim to help founders navigate growth challenges and scale effectively.
What is the typical fund size and check size for Dawn Capital?
Dawn Capital's current fund size is $600 million, and they typically invest between $1 million and $30 million in their portfolio companies.
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.