Addendum Capital

Addendum Capital is an early-stage investment firm that focuses on providing venture capital to technology companies. The firm is particularly interested in B2B SaaS (Software as a Service) solutions and deep technology-based ventures. They adopt a hands-on approach, working closely with founders from the very early days to foster growth and establish trusted, value-added relationships.

Founded in 2020 by Enrico Raggini, Addendum Capital was established with the mission to invest in outstanding founders who possess unique and out-of-the-box ideas. Enrico Raggini, who serves as the CEO and Founder, brings over two decades of experience in cybersecurity, having previously acquired and grown Spamina before its merger with Hornetsecurity and subsequent sale to Providence, a US private equity fund. This background underpins the firm's strategic focus on innovative technology companies.

The firm's investment strategy targets early revenue companies with a Minimum Viable Product (MVP) and a clear Product Market Fit (PMF), emphasizing high potential growth and global scalability. Addendum Capital primarily invests in Pre-Seed, Seed, and Series A rounds. Their portfolio includes companies such as GuruSup, a platform utilizing AI agents for customer service and process automation, in which they co-invested in a seed round. Other notable investments include Bfore.ai, Auravant, ADNtro, and Kymatio.

Addendum Capital concentrates its investments within five main verticals: CyberSecurity, HealthTech, Data & Analytics, AgroTech, and Logistics, while continuously monitoring new market trends. The firm's geographical focus is on EU-based companies, with a broader interest in Western Europe and Latin America. Enrico Raggini's extensive experience in the technology sector, particularly in cybersecurity, and the firm's commitment to a hands-on approach, are central to their investment philosophy and support for portfolio companies.