🏆 Deal of the Week · CW 23/2025
Scalable Capital raised EUR 155 million in a Series E round at a valuation of EUR 1.3 billion. The round was backed by a syndicate of five investors including Balderton Capital, HV Capital, Noteus Partners, Sofina, and Tencent. This deal was recognised as Venionaire DealMatrix Deal of the Week for KW 23/2025.
Scalable Capital — key deal facts
| Company | Scalable Capital |
| Founded | 2014 |
| Headquarters | Munich, Germany |
| Amount raised | EUR 155m |
| Valuation | EUR 1.3b |
| Round | Series E |
| Investors | Balderton Capital, HV Capital, Noteus Partners, Sofina, Tencent |
| Sectors | Financial Services |
Who invested in Scalable Capital?
The Series E was funded by Balderton Capital, HV Capital, Noteus Partners, Sofina, and Tencent. The investor mix is notable for spanning leading European venture capital firms alongside a major strategic backer in Tencent, signalling both continued confidence in European fintech infrastructure and the platform's potential for broader international expansion. HV Capital and Balderton Capital are both long-standing supporters of the European technology ecosystem, adding institutional weight to the round.
What does Scalable Capital do?
Scalable Capital is a European digital investment platform founded in 2014 by Erik Podzuweit, Florian Prucker, Patrick Pöschl, and Adam French. The company is headquartered in Munich, Germany, and operates two core products: Scalable Wealth, a robo-advisor for automated wealth management, and Scalable Broker, a self-directed trading platform covering stocks, ETFs, funds, cryptocurrencies, and derivatives. As of 2026, the firm manages over EUR 40 billion in client assets for more than one million customers across Europe.
Scalable Capital valuation & multiples
No existing multiples analysis was provided for this deal. Once revenue and EBITDA figures become publicly available, standard Financial Services EV/Sales and EV/EBITDA benchmarks can be applied against the EUR 1.3 billion valuation to contextualise the pricing of this round. Explore current sector reference ranges on the Venionaire DealMatrix Financial Services multiples pages.
Explore the benchmarks: Series E.
Frequently asked questions
How much did Scalable Capital raise in its Series E?
Scalable Capital raised EUR 155 million in its Series E round, recognised as Deal of the Week for KW 23/2025.
What is Scalable Capital's valuation?
Scalable Capital was valued at EUR 1.3 billion at the time of its Series E funding round.
Who invested in Scalable Capital?
The Series E investors are Balderton Capital, HV Capital, Noteus Partners, Sofina, and Tencent.
When was Scalable Capital founded and where is it based?
Scalable Capital was founded in 2014 and is headquartered in Munich, Germany.
Source: original announcement — read the full report.