Scalable Capital funding rounds & valuation history
Scalable Capital, the Munich neobroker and digital investment platform. Funding from the Series D (Jul 2020) to the Funding round (2025), sourced to Handelsblatt, Balderton Capital, Scalable Capital and TechCrunch.
Round history
Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.
| Date | Status | Round | Amount | Lead / buyer | Valuation | Val. ÷ run-rate | Source |
|---|---|---|---|---|---|---|---|
Closed round |
Funding round (2025)Scalable’s largest round; total raised passed €470M (Balderton). |
€155M |
Sofina, Noteus PartnersWith: Balderton and other existing investors |
Not disclosedNo company valuation stated by the source |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series E extension |
€60M |
Balderton CapitalWith: HV Capital and existing investors |
US$1.4B (US$, flat)Flat to the 2021 Series E, per TechCrunch; stated in US$ only, not converted |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series ETechCrunch gave the amount as more than US$180M, around €150M. |
About €150M |
TencentWith: BlackRock, HV Holtzbrinck Ventures, Tengelmann Ventures |
US$1.4B (US$)Confirmed by the company to TechCrunch, in US$; not converted |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series D |
€50M |
Existing investors (BlackRock, HV Holtzbrinck Ventures, Tengelmann Ventures) |
€400MPost-money, confirmed by CEO Erik Podzuweit (TechCrunch) |
—Not disclosedNo run-rate stated in the announcement |
Amount raised in each closed round
Amounts raised in euros in each closed round. Valuations are in the table (one in euros, one in US$), so they are not plotted.
Sources: Handelsblatt, Balderton Capital, Scalable Capital, TechCrunch. € billions, linear scale.
Timeline
Each round and share sale, oldest first.
- 22 Jul 2020 · Closed
Series D: €50M at €400M led by Existing investors (BlackRock, HV Holtzbrinck Ventures, Tengelmann Ventures).
- 8 Jun 2021 · Closed
Series E: About €150M led by Tencent.
- 7 Dec 2023 · Closed
Series E extension: €60M led by Balderton Capital.
- 3 Jun 2025 · Closed
Funding round (2025): €155M led by Sofina, Noteus Partners.
Cite this dataset
Free to quote with a link back. Copy this citation:
Scalable Capital Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/scalable-capital/
Download the data
The same 4 rows as the table: numeric euro (EUR) columns, empty cells where a figure is not disclosed, and a source URL for every row.
- File
scalable-capital-rounds.csv(UTF-8, comma-separated)- Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/scalable-capital-rounds.csv- Columns
id,date,date_precision,status,transaction_type,round,amount_eur_low,amount_eur_high,lead_or_buyer,co_leads,valuation_eur_low,valuation_eur_high,valuation_basis,valuation_to_run_rate_multiple,multiple_bound,multiple_basis,step_up_vs_prior_closed,price_per_share_eur_low,price_per_share_eur_high,shares,source,source_url,other_source_urls,notes,last_updated- Updated
- (IST)
Methodology & status definitions
How each row is labelled and calculated.
Closed round
A primary round announced by the company or confirmed in the press, bringing new money to the company.
Valuation ÷ run-rate
Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.
What is not a separate row
Seed, Series A (2016), Series B (BlackRock-led, 2017) and Series C (€25M, 2019): reported only by trade or aggregator sites, not verified to an authority source; debt.
Updates & corrections
This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.
Changelog
- : Dataset first compiled (batch 4, not yet published).
Sources
- Handelsblatt: Broker: Scalable Capital sammelt 155 Millionen Euro ein, 3 Jun 2025
- Balderton Capital: Scalable Capital raises €155m to expand its digital investment platform, Jun 2025
- Scalable Capital (press release PDF): Scalable Capital receives backing from Balderton Capital and raises €60m growth financing, 7 Dec 2023
- TechCrunch: European neobroker Scalable Capital raises $65M on a flat $1.4B valuation, 7 Dec 2023
- TechCrunch: European neobroker Scalable Capital raises $180M+ at a $1.4B valuation, 9 Jun 2021
- TechCrunch: Scalable Capital raises $58M at a $460M valuation for its robo-investment platform, 22 Jul 2020