About This Fund
Endeit Fund III is the third growth-equity fund raised by Endeit Capital, the Amsterdam and Hamburg-headquartered late-stage venture and growth capital firm active across seven European countries. Launched in April 2021, the fund targets high-growth Series B-equivalent technology scaleups across the Netherlands, Germany, the Nordic markets, and other Western European countries, providing equity capital in the €7–€15 million per ticket range to founders seeking their first institutional growth-stage commitment.
The fund's investment thesis centres on three pillars: deep expertise in digital transformation businesses, a high-conviction portfolio with fewer and more intensively supported positions than typical early-stage funds, and a co-investor network of more than 75 entrepreneur limited partners who bring domain knowledge, customer access, and follow-on capital. Endeit Capital's predecessor vehicles had backed companies including Otrium, Sendcloud, and Springbok Agency, and the Fund III portfolio extends that B-stage, operator-network playbook across media-tech, e-commerce infrastructure, and marketplace businesses.
Endeit Fund III recorded its first close at €250 million in April 2021, then re-opened the fundraise to accommodate institutional demand, ultimately reaching a final close of €303 million in May 2022—a 21% upsizing driven by an anchor commitment from Germany's KfW Capital under the ERP/Zukunftsfonds-Wachstumsfazilität programme. The fund's structure as Endeit Fund III Coöperatief U.A. reflects Endeit's Dutch cooperative legal model, providing flow-through tax treatment favourable to Dutch and German investors and consistent with the firm's Benelux-Germany founding market.