DN Capital

DN Capital is an international venture capital firm headquartered in London that invests in technology companies.^[2][3][4][5] It was founded in 2000 by Nenad Marovac and Steve Schlenker, two Harvard Business School classmates.^[6][7][8]

DN Capital

Company type	Private
Industry	Venture capital
Founded	2000; 24 years ago (2000)
Founders	Nenad Marovac[1] and Steve Schlenker
Headquarters	London, United Kingdom
Number of locations	List London, United Kingdom Menlo Park, California, U.S. Berlin, Germany
Products	Venture capital, growth capital
Total assets	$600 million
Website	www.dncapital.com

Investments and exits

DN Capital has raised approximately $600 million.^[9] Among other roles, the firm looks to help US companies enter the European market.^[9]

The firm's notable exits include:

• Shazam (acquired by Apple for approximately $400 million)^[4]
• Datanomic (acquired by Oracle)^[10]
• Quandoo (acquired by Japan's Recruit Holdings for $219 million)^[11]
• Kana (acquired by Verint Systems for $514 million)^[12]
• Apsmart (acquired by Thomson Reuters)^[13]
• Endeca (acquired by Oracle for $1.1 billion)^[14]
• Purplebricks (LSE: PURP)^[15]

Awards

DN Capital was awarded the Best Venture Fund of the Year at the 7th annual Private Equity Exchange Awards in Paris in 2016.^[16] Nenad Marovac was awarded the Investor of the Year award at the 14th annual Investor Allstars Awards in London in 2016.^[17] In 2017 DN Capital featured as one of the top performing Europe-based venture capital funds in the Preqin awards.^[18]

References

1. "Nenad Marovac". Forbes. Retrieved 17 September 2024.
2. "DN Capital raises €200m to back tech start-ups despite Brexit". FT. 24 January 2018.
3. "European VC firm DN Capital closes new €200M fund to invest at seed and Series A stage". TechCrunch. 24 January 2018.
4. "Shazam investor DN Capital has raised €200 million for its new fund". Business Insider. 24 January 2018.
5. "DN Capital raises $247 million fund for early-stage startups in Europe and the U.S." VentureBeat. 24 January 2018.
6. "DLC Conference Speaker: Nenad Morovac".
7. "Meet the investor: Steve Schlenker, DN Capital". Startups. 26 January 2017.
8. "Stanford Mentor Overview: Steve Schlenker, DN Capital" (PDF).
9. "REFILE: European stand-out venture fund DN raises new 200mln euro fund". Reuters. 24 January 2018.
10. "UK's Datanomic acquired by Oracle". TechCrunch. 14 April 2011.
11. "Japan's Recruit Buys European Restaurant Booking Service Quandoo For $219M". TechCrunch. Retrieved 29 May 2020.
12. "Verint to acquire kana software for $514 million". The Economic Times. 7 January 2014. Retrieved 29 May 2020.
13. "Thomson Reuters Acquires Mobile Startup Apsmart To Re-invigorate Its Mobile Products". TechCrunch. 8 June 2012.
14. "Oracle's Endeca acquisition to cost $1.1 billion". Boston Business Journal. 24 October 2011.
15. "DN Capital Exits Purplebricks". FINSMES. 19 September 2016.
16. "DN Capital, Interview With Founder Nenad Marovac". FINSMES. 14 December 2016.
17. "Investor Allstars: Investor of the Year 2016 Award Winners".
18. "Ranking the Top Angel and Venture Capital Fund Managers (Part II)".

External links

• DN Capital (company website)