Axel Springer Digital Ventures

company

About

Axel Springer Digital Ventures is the corporate venture capital arm of Axel Springer and is focused on investing in early stage companies.

  • 1 - 10

Details

Industries
Digital Media,Financial Services,Venture Capital
Founded date
Jan 1, 2012
Number Of Employee
1 - 10
Operating Status
Active
Investor Type
CVC,Venture Capital

Axel Springer Digital Ventures is Axel Springer Groups' early-stage investment arm in Europe and in the US. The investment focus is on classified ad models / marketplaces, marketing models and companies in the digital publishing space.

Drawing upon the network and resources of one of Europe's leading largest media companies, Axel Springer Digital Ventures wants to be a value-add partner to companies that are complementary or disruptive to Axel Springer's business.

Axel Springer Group, founded in 1946, is Europe’s largest digital publishing house with leading positions in the European print and digital content as well as in the digital marketing and classifieds segments.

Based on the historically strong positions of BILD and DIE WELT in the German newspaper segment, Axel Springer has embarked on a determined growth strategy to digitize and internationalize its business already more than a decade ago. Axel Springer's digital media revenues in more than 40 countries worldwide already contribute almost 70 percent of total revenues today (compared to 2% in 2006).

Investments

Number of Investments
Number of Lead Investments
2
1
Axel Springer Digital Ventures has made 2 investments. Their most recent investment was on Jan 29, 2015, when Business Insider raised $25M.
Date Company Name
Round Money Raised Industry Lead Investor
Jan 29, 2015 Business Insider
Series Unknown $25M Digital Media Yes
Jul 25, 2011 Airbnb
Series B $112M Hospitality