Senovo

Senovo GmbH is a German early-stage venture capital firm based in Munich, Bavaria, Germany, investing in early-stage B2B and Software-as-a-Service (SaaS) sector companies across Europe. The firm was founded in 2013 by Managing Partners Sebastian Knott and Julian Riedlbauer alongside partners, and operates as one of Germany's more prominent B2B SaaS-specialist early-stage investors alongside firms such as Point Nine Capital, Cherry Ventures, Earlybird, and Project A. Senovo typically writes initial check sizes in the EUR 1 to 3 million range at Series A stage, with follow-on reserves through Series B. The firm has raised multiple institutional funds (Senovo Fund I 2013, Senovo Fund II 2018, Senovo Fund III 2021) with aggregate AUM in the EUR low-hundreds of millions range across vintages. Notable portfolio companies include Mambu (banking-as-a-service unicorn), Cascade, Arctic Wolf (cybersecurity), Holloway, Gastronovi, and many other European B2B SaaS companies.