Just over a year ago, the first season of the new show called ‘Begin Capital’ began. Over the last 12 months, we have achieved the following results: We closed 6 deals: Zadaa (https://zadaa.co/en/) – a marketplace for second-hand clothes. The company operates in Germany, Finland and Denmark. Zadaa’s main competitive advantage - logistics solution that reduces the cost of logistics by 50-70%. Begin Capital became the lead investor with a €1.5M cheque. WOOM (https://woomfertility.com) – WOOM is a data driven app and b2b SaaS solution designed to empower women by maximizing their chances of getting pregnant, either naturally or through medical treatment. Every month, 80,000 women interact with WOOM and thousands of pregnancies are achieved together with WOOM. Begin Capital became a co-investor with a €1M cheque. Mercaux (https://www.mercaux.com) – Mercuax is a B2B SaaS startup that helps retailers deliver superior omnichannel customer experiences by bringing the best of digital and physical retail together. On average Mercaux customers experience a sales uplift of 8% and 5x ROI. Begin Capital became a co-investor in the project with a $500k ticket.

At Begin Capital we always feet that "Humour" is our third VC partner. But sometimes it gets out of control... That is how we came up with a question: "and what if some iconic characters were a VC..."

Just over a year ago, the first season of the new show called ‘Begin Capital’ began. Over the last 12 months, we have achieved the following results: We closed 6 deals: Zadaa (https://zadaa.co/en/) – a marketplace for second-hand clothes. The company operates in Germany, Finland and Denmark. Zadaa’s main competitive advantage - logistics solution that reduces the cost of logistics by 50-70%. Begin Capital became the lead investor with a €1.5M cheque. WOOM (https://woomfertility.com) – WOOM is a data driven app and b2b SaaS solution designed to empower women by maximizing their chances of getting pregnant, either naturally or through medical treatment. Every month, 80,000 women interact with WOOM and thousands of pregnancies are achieved together with WOOM. Begin Capital became a co-investor with a €1M cheque. Mercaux (https://www.mercaux.com) – Mercuax is a B2B SaaS startup that helps retailers deliver superior omnichannel customer experiences by bringing the best of digital and physical retail together. On average Mercaux customers experience a sales uplift of 8% and 5x ROI. Begin Capital became a co-investor in the project with a $500k ticket.

At Begin Capital we always feet that "Humour" is our third VC partner. But sometimes it gets out of control... That is how we came up with a question: "and what if some iconic characters were a VC..."

At Begin Capital we always feet that "Humour" is our third VC partner. But sometimes it gets out of control... That is how we came up with a question: "and what if some iconic characters were a VC..."

Building a new venture fund is super interesting, deeply inspiring, and… far from easy. I know many young teams, who are raising their first fund and debating about the right fundraising strategy. At Begin Capital, we are always happy to share our own fundraising experience, but it is important to be objective and make comprehensive research. With this in mind I decided to analyze other VC funds, that were in the same position. Pulling historical data from Dealroom, I ended up with 186 first time VC funds that were launched in 2015-2020 worldwide. The dataset that I’ve got was not perfect: Dealroom’s coverage outside of North America and Europe is poor and also many smaller funds are missing. However, it was good enough to answer some of my questions and hopefully might be useful for other daring first time fund managers.

At Begin Capital we always feet that "Humour" is our third VC partner. But sometimes it gets out of control... That is how we came up with a question: "and what if some iconic characters were a VC..."

Building a new venture fund is super interesting, deeply inspiring, and… far from easy. I know many young teams, who are raising their first fund and debating about the right fundraising strategy. At Begin Capital, we are always happy to share our own fundraising experience, but it is important to be objective and make comprehensive research. With this in mind I decided to analyze other VC funds, that were in the same position. Pulling historical data from Dealroom, I ended up with 186 first time VC funds that were launched in 2015-2020 worldwide. The dataset that I’ve got was not perfect: Dealroom’s coverage outside of North America and Europe is poor and also many smaller funds are missing. However, it was good enough to answer some of my questions and hopefully might be useful for other daring first time fund managers.