DN Capital

{{Use dmy dates|date=April 2022}}

{{Infobox company

| name = DN Capital

| logo = DN Capital Logo.svg

| type = Private

| founded = {{Start date and age|2000}}

| founders = Nenad Marovac{{cite web|url=https://www.forbes.com/profile/nenad-marovac/|title=Nenad Marovac|work=Forbes|access-date=17 September 2024}} and Steve Schlenker

| location_city = London, United Kingdom

| locations = {{collapsible list|

| London, United Kingdom

| Menlo Park, California, U.S.

| Berlin, Germany

}}

| industry = Venture capital

| products = Venture capital, growth capital

| assets = $600 million

| homepage = [http://www.dncapital.com www.dncapital.com]

}}

DN Capital is an international venture capital firm headquartered in London that invests in technology companies.{{cite news |title= DN Capital raises €200m to back tech start-ups despite Brexit |url= https://www.ft.com/content/f8ce8c4e-011d-11e8-9650-9c0ad2d7c5b5|work= FT|date= January 24, 2018}}{{cite news |title= European VC firm DN Capital closes new €200M fund to invest at seed and Series A stage |url= https://techcrunch.com/2018/01/24/dn-capital/|work= TechCrunch|date= January 24, 2018}}{{cite news |title= Shazam investor DN Capital has raised €200 million for its new fund |url= http://www.businessinsider.com/shazam-investor-dn-capital-has-raised-200-million-for-its-new-fund-2018-1|work= Business Insider|date= January 24, 2018}}{{cite news |title= DN Capital raises $247 million fund for early-stage startups in Europe and the U.S. |url= https://venturebeat.com/2018/01/24/dn-capital-raises-247-million-fund-for-early-stage-startups-in-europe-and-the-u-s/ |work= VentureBeat|date= January 24, 2018}} It was founded in 2000 by Nenad Marovac and Steve Schlenker, two Harvard Business School classmates.{{cite web |title= DLC Conference Speaker: Nenad Morovac |url= http://dld-conference.com/users/nenad-marovac}}{{cite news |title= Meet the investor: Steve Schlenker, DN Capital |url= https://startups.co.uk/meet-the-investor-steve-schlenker-dn-capital/ |work= Startups|date= January 26, 2017}}{{cite web |title= Stanford Mentor Overview: Steve Schlenker, DN Capital | url=https://web.stanford.edu/class/msande273/resources/mentors/MS&E%20273%202016%20Mentor%20Overview%20vf.pdf#page=18}}

Investments and exits

DN Capital has raised approximately $600 million. Among other roles, the firm looks to help US companies enter the European market.{{cite news |title= REFILE: European stand-out venture fund DN raises new 200mln euro fund|url= https://www.reuters.com/article/venturecapital-dn/refile-european-stand-out-venture-fund-dn-raises-new-200-mln-euro-fund-idUSL8N1PJ6LF |work= Reuters|date= January 24, 2018}}

The firm's notable exits include:

  • Shazam (acquired by Apple for approximately $400 million)
  • Datanomic (acquired by Oracle){{cite news |title= UK's Datanomic acquired by Oracle|url= https://techcrunch.com/2011/04/14/uks-datanomic-acquired-by-oracle/ |work= TechCrunch|date= April 14, 2011}}
  • Quandoo (acquired by Japan's Recruit Holdings for $219 million){{Cite web|title=Japan's Recruit Buys European Restaurant Booking Service Quandoo For $219M|url=https://techcrunch.com/2015/03/05/recruit-quandoo/|website=TechCrunch|language=en-US|access-date=2020-05-29}}
  • Kana (acquired by Verint Systems for $514 million){{Cite news|date=2014-01-07|title=Verint to acquire kana software for $514 million|work=The Economic Times|url=https://economictimes.indiatimes.com/tech/software/verint-to-acquire-kana-software-for-514-million/articleshow/28513024.cms|access-date=2020-05-29}}
  • Apsmart (acquired by Thomson Reuters){{cite news |title= Thomson Reuters Acquires Mobile Startup Apsmart To Re-invigorate Its Mobile Products|url= https://techcrunch.com/2012/06/08/thomson-reuters-acquires-mobile-startup-apsmart-to-re-invigorate-its-mobile-products/ |work= TechCrunch|date= June 8, 2012}}
  • Endeca (acquired by Oracle for $1.1 billion){{cite news |title= Oracle's Endeca acquisition to cost $1.1 billion|url= https://www.bizjournals.com/boston/blog/mass-high-tech/2011/10/oracles-endeca-acquisition-to-cost-11-billion.html |work= Boston Business Journal|date= October 24, 2011}}
  • Purplebricks ({{LSE|PURP}}){{cite news |title= DN Capital Exits Purplebricks|url= http://www.finsmes.com/2016/09/dn-capital-exits-purplebricks.html |work= FINSMES|date= September 19, 2016}}

References

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