Venture capital firm

GapMinder portfolio
gapminder.vcGapMinder is a venture capital firm based in Amsterdam, Netherlands, founded in 2018. It has invested in 21 venture-backed companies across 26 funding rounds on VCMC, and led 10 of those rounds. 4 of them were in the last 12 months.
21
Venture-backed companies
in its portfolio on VCMC
26
Funding rounds
led 10
4
Last 12 months
rounds, Oct 2025 to Sep 2026
2
With a disclosed valuation
of 21 companies
$1.1B
Combined value of its private companies
the whole companies, not what GapMinder owns
21 private companies GapMinder has backed have a VCMC valuation; together they are worth $1.1B. That is the value of the whole companies, not what GapMinder owns. Druid AI is 31% of the total. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
Full GapMinder portfolio (21 companies)
21 companies.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | FintechOS Tech Companies · since Series A, 2019 | Growth Equity Sep 2026 $28M | $287M | $188M – $463M | $301M (+5%) | $30.8M | 33% | 222 | flat | B | |
| 2 | Salestools Tech Companies · led at Seed, 2025 | Seed May 2025 $2.3M | $13.0M | $7.44M – $25.5M | $8.30M (-36%) | $5.21M | 97% | 9 | down | C | |
| 3 | InsiderCX Tech Companies · led at Seed, 2026 | Seed Jan 2026 $1.8M | $13.5M | $7.21M – $22.2M | $12.7M (-6%) | $4.31M | 59% | 14 | growing | B | |
| 4 | Parol Tech Companies · led at Seed, 2024 | Seed Dec 2024 $1.3M | $6.14M | $3.10M – $16.0M | $3.77M (-39%) | $3.10M | 97% | 9 | down | C | |
| 5 | Finqware Tech Companies · since Seed, 2021 | Seed Jan 2021 $610K | $7.63M | $1.64M – $14.0M | $7.69M (+1%) | $1.86M | 6% | 27 | growing | D | |
| 6 | Apiary Book Tech Companies · led at Seed, 2020 | Seed Nov 2020 $233K | $3.06M | $0.13M – $4.48M | $3.06M (0%) | $0.76M | 0% | 2 | unknown | D | |
| 7 | Druid AI Software Development Services · since Series A, 2022 | Series C Sep 2025 $31M | $359M | $192M – $510M | $359M (0%) | $43.1M | 0% | 223 | up | B | |
| 8 | Veridion Data Solutions · since Seed, 2023 | Series A Sep 2026 $20M | $108M | $67.0M – $279M | $183M (+69%) | $28.0M | 0% | 58 | flat | C | |
| 9 | OutThink Tech Companies · since Seed, 2022 | Seed Oct 2022 $10M | $103M | $8.21M – $176M | $101M (-2%) | $23.2M | 0% | 71 | up | D | |
| 10 | TypingDNA Tech Companies · led at Seed, 2019 | Series A Jan 2020 $7.0M | $35.8M | $2.16M – $53.8M | $33.0M (-8%) | $7.79M | 3% | 149 | flat | D | |
| 11 | Designverse Software Development Services · led at Seed, 2026 | Seed May 2026 $5.5M | $45.9M | $22.1M – $102M | $67.3M (+47%) | $13.2M | 0% | 99 | growing | C | |
| 12 | Deepstash Tech Companies · since Seed, 2020 | Seed Dec 2020 $3.6M | $54.4M | $12.0M – $101M | $55.2M (+2%) | $12.6M | 11% | 43 | growing | D | |
| 13 | Cyscale Tech Companies · since Pre-seed, 2020 | Seed May 2022 $3.2M | $10.2M | $0.86M – $27.7M | $9.67M (-5%) | $4.41M | 30% | 5 | unknown | D | |
| 14 | Machinations Tech Companies · since Series A, 2022 | Series A May 2022 $3.3M | $9.45M | $1.39M – $30.6M | $8.45M (-11%) | $4.51M | 97% | 17 | shrinking | D | |
| 15 | Frisbo Warehousing & Storage · since Seed, 2021 | Seed Dec 2021 $2.0M | $4.97M | $0.69M – $21.5M | $4.74M (-5%) | $4.03M | 59% | 18 | down | D | |
| 16 | codeplain Software Development Services · led at Seed, 2026 | Seed Jun 2026 $3.0M | $25.6M | $14.2M – $65.8M | $43.3M (+69%) | $7.79M | 0% | 10 | growing | C | |
| 17 | Aggero Tech Companies · since Seed, 2022 | Seed Mar 2022 $2.0M | $4.61M | $0.68M – $36.4M | $4.36M (-6%) | $3.49M | 97% | 20 | down | D | |
| 18 | Genezio Tech Companies · led at Pre-seed, 2024 | Pre-Seed Apr 2024 $2.0M | $18.6M | $3.98M – $37.4M | $15.1M (-19%) | $5.54M | 37% | 21 | flat | D | |
| 19 | Soleadify Data Solutions · since Seed, 2020 | Seed Oct 2020 $1.5M | $6.04M | $0.58M – $26.2M | $6.04M (0%) | $3.60M | 50% | 27 | unknown | D | |
| 20 | Etiq AI Tech Companies · led at Seed, 2025 | Seed Apr 2025 $1.0M | $5.67M | $2.89M – $11.7M | $4.52M (-20%) | $2.31M | 97% | 12 | down | C | |
| 21 | Tech Companies · led at Seed, 2026 | Seed Oct 2026 $3.4M | $23.2M | $14.9M – $69.0M | $45.3M (+95%) | $8.16M | 0% | 14 | growing | C |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How GapMinder invests: stages, industries and countries
Most of its rounds are seed (65%). Its companies span 4 industries, most in Tech Companies, Software Development Services and Data Solutions, across 5 countries.
Rounds by stage
- Pre-seed 2
- Seed 17
- Series A 5
- Series B 2
Investments by industry
- Tech Companies 15
- Software Development Services 3
- Data Solutions 2
- Warehousing & Storage 1
Investments by country
- Romania 9
- United States 6
- United Kingdom 4
- Croatia 1
- Luxembourg 1
Recent rounds
GapMinder's latest investments
GapMinder's most recent funding rounds, newest first. 4 rounds in the last 12 months.
- Seed, led $3.4M 12 Oct 2026
- Veridion Series A $20M 16 Sep 2026
- codeplain Seed, led $3.0M 30 Jun 2026
- Designverse Seed, led $5.5M 13 May 2026
- InsiderCX Seed, led $1.8M 28 Jan 2026
- Salestools Seed, led $2.3M 27 May 2025
- Etiq AI Seed, led $1.0M 30 Apr 2025
- Parol Seed, led $1.3M 13 Dec 2024
- Genezio Pre-seed, led $2.0M 5 Apr 2024
- Druid AI Series B $30M 12 Sep 2023
Co-investors
GapMinder's top co-investors
The investors that most often join the same rounds as GapMinder. LAUNCHub leads, with 5 rounds together.
- LAUNCHub 5 rounds together
- Underline Ventures 4 rounds together
- OTB Ventures 4 rounds together
- Hoxton Ventures 3 rounds together
- 2 rounds together
- 2 rounds together
- 2 rounds together
- 2 rounds together
- 2 rounds together
- 2 rounds together
About
About GapMinder
GapMinder Ventures B.V. is a Dutch venture capital firm engaged in investing in early-stage AI and deep tech businesses, with a focus on SaaS and enterprise automation. The company provides funding and operational support to startups in sectors such as fintech, cybersecurity, and developer tools, and offers services including governance and process framework setup, financing rounds, recruitment, marketing, sales, international expansion, and financial planning. GapMinder serves clients in the SEE region and diaspora, and is committed to sustainability through environmental impact reduction measures.
Description from Veridion's company data.
- Founded
- 2018
- Based in
- Amsterdam, Netherlands
- Team
- 11 people, +10% in a year
- Type
- Venture capital firm
Focus markets
- Artificial Intelligence
- Cybersecurity
- Financial Services
- Data Analytics
- Enterprise Software
What GapMinder offers
- Venture Capital Investment Services
- AI and Deep Tech Startup Funding
- SaaS and Enterprise Technology Investment
- Early-Stage Startup Financing
- Follow-On Round Investment Services
- Startup Governance and Process Framework Development
- Strategic Startup Advisory Services
- International Startup Expansion Support
Questions
GapMinder: frequently asked questions
How many companies has GapMinder invested in?
21 venture-backed companies on VCMC, across 26 funding rounds.
What are GapMinder's most valuable private companies?
Druid AI ($359M), FintechOS ($287M), Veridion ($108M), by VCMC's valuation.
What was GapMinder's latest investment?
VoicePatrol, a Seed round in Oct 2026 of $3.4M, which GapMinder led.
Which stages does GapMinder invest in?
GapMinder invests most often at seed (17 rounds), followed by Series A (5) and pre-seed (2). It has also joined 2 Series B rounds.
What is GapMinder's portfolio worth?
Its private companies with a VCMC valuation are worth $1.1B together. That is the sum of the companies' values, not what GapMinder owns.
Who does GapMinder invest alongside?
LAUNCHub (5 rounds), Underline Ventures (4 rounds), OTB Ventures (4 rounds).