D2 Fund

We're delighted to announce our investment in Menlo79 GmbH, alongside SCALEHOUSE Capital, VENTIS CAPITAL and select angel investors in an oversubscribed €2.1M round.   Menlo's core product Wilson provides logistics companies with a world class platform to manage their operating personnel, tackling one of the fundamental challenges in this sector head on. Wilson is mission critical software, with over 65 companies and 2,300 individuals using the platform every day.   Menlo79 is exactly the type of company we look for at D2. Management have done a brilliant job bootstrapping to a strong seven figures of ARR, with consistent growth and best in class retention. Looking forward to the journey ahead! Fabian Stöffler, Gerrit Koch to Krax, Stefan Wagner, Dominik Bruhn, Michael Frankenberg, Maria Leenen, Manuel Böhringer and Christoph Sagemann

Really pleased to announce that D2 Fund has led a £1.2M investment round into customer insights platform Loops - Instant audience feedback for creators. 🎉 Loops was launched as a concept in 2020 by founders Sam Reid and Nigel Manson. The platform lets creatives test brand and marketing concepts on consumers iteratively during their design process. Users can access and segment 110M customers via the platform, with a growing database of brand specific proprietary respondents. Crucially, Loops can synthesise both quantitative and qualitative feedback, meaning platform users receive actionable feedback on design concepts across an array of metrics. Their impressive customer base is a who’s who of blue-chip high-street brands, agencies and large CPGs such as The Coca-Cola Company, KraftHeinz, Unilever and Reckitt. Loops is exactly what we look for in a business: Bootstrapped to a seven-figure run rate with a laser focus on unit economics. Sam and Nigel have proven that profitability and growth can go hand in hand, with several years of tripling and doubling under their belts and the best still to come. This is the way. The new capital will be allocated to some exciting upcoming product initiatives and to geographic expansion. We look forward to the journey with the Loops team and to helping more brands make data led design decisions. Onwards! Website to Loops: https://www.useloops.com/ #startup #investment

🎙️ In the latest episode of Fully Vested we caught up with Josh Payne. Josh founded product discovery platform StackCommerce and took it to $80M in revenue off $1M in investment 🤯 These days he’s at it again, with his new company Onward tripling to $6M in ARR this year already. We dive deep on Josh’s experience scaling software companies, his work with OpenSky Ventures and why ‘seed strapping’ a startup might be the best of both worlds. https://lnkd.in/eKS-Jwuz

Moxso is joining the D2 portfolio 🎉 We're looking forward to working with and supporting the team as they take the business to the next level! Big congratulations to Rune Boye Knudsen, Mikkel Lindblom, and the whole team on pulling this round together.

Congratulations to Chris Green, Daniel Secretan, Shaun O'Mahony and the whole Xapien team on their successful Series A round! A well deserved milestone following a sustained period of stellar execution 🙌

Delphi Labs is joining Cube! David Jayatillake and Michael Irvine have built some incredibly powerful technology over the past year, and we can't imagine a better home for it. With Cube, this move will help many of the largest companies in the world interact with their data like never before. Huge congrats and thanks to David and Michael, and good luck for the next phase of your journey!