Visionaries Club Gmbh

Multi-stage venture firmSEC venture capital fund adviser· Berlinvisionaries.vc

European early-stage venture capital firm with offices in London and Berlin, investing in B2B tools and AI. Portfolio: Lovable, n8n, Black Forest Labs, Personio, Miro, Pigment.

In the firm's own words, from its website.

Reported fund assets
$193M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
10
Latest vintage
2024
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

19 additional team members, 8 additional investments, funds and LPs, 11 events, 11 verified contacts (9 professional url, 1 general firm email, 1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 3 departures
    people, 12 months

    A team member departed (seen on or before 30 Sep 2026, the day it happened is not on record). 3 departures on record in 12 months.

    A partner leaving or arriving changes who decides, and who a founder or LP should call.

    InferenceVenture organization websites (about, team, portfolio, thesis, news pages)For Founders, LPs, recruitersTeam →

People to know

View all people

Relationship network

35 connected entities

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Company
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Visionaries Club Gmbh: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Visionaries Club Gmbh

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

2 companies on record, 0 new in 12 months

Investments on record

2 companies, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Tomorrowportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Website Linkportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website

Stated thesis versus observed behaviour

2 observed deals
Stated (the firm’s website)
Sectors
ai, enterprise software, healthcare, hardware, devtools, logistics, industrial, b2b, hrtech
Stages
multi stage
Geography
europe, germany, global, nordics
Check size
not stated; DFX does not estimate checks from round sizes
Self-described
venture capital
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

24 current, 3 departed

Decision makers

who to call first, and why; then everyone else by function
  • Johann Butting · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility
    LinkedIn or profile link on file (firm website), confirmed 2026-09-30, confidence 90%
  • Marton Sarkadi Nagy · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility
  • Robert Siegfried Lacher · Owner
    Why this person: Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. 1 with a route on file. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

24 current, 3 departed
3 departed (kept with end dates)

Contacts

1 general firm email, 1 firm phone, 9 professional url

1 general firm email, 1 firm phone, 9 professional url on record, each with its source. Values open with the complete profile.

Funds and LPs

11 vehicles, 0 LPs disclosed

Funds and vehicles

11 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Visionaries Club Tomorrow Fund I Gmbh & Co. KgFund2024 adv first reportedEarly deployment$4.1M
Mar 24, 2026
41unknownunknown
Visionaries Club Growth Fund II Gmbh & Co. KgGrowth fund2023 adv first reportedActive deployment$22.1M
Mar 24, 2026
102unknownunknown
Visionaries Club Seed Fund II Gmbh & Co. KgSeed fund2023 adv first reportedActive deployment$12.7M
Mar 24, 2026
94unknownunknown

Limited partners

0 LPs, 0 disclosed commitments
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.

Known LPs and allocators

0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

0 co-investors

Co-investors

0 counted from shared deals, for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.

Evidence and history

16 dated events, 49 observations from 3 sources

Timeline

16 dated events
  1. seen on or beforeSep 30, 2026
    Luissa Schemuth (Analyst) no longer on the team page of Visionaries Club Gmbh
    Person leftPeopleInferenceLuissa SchemuthFirm website
  2. seen on or beforeSep 30, 2026
    Sahar Meghani (Partner) no longer on the team page of Visionaries Club Gmbh
    Person leftPeopleInferenceSahar MeghaniFirm website
  3. seen on or beforeSep 30, 2026
    Betty Lu (VP Platform & Growth) no longer on the team page of Visionaries Club Gmbh
    Person leftPeopleInferenceBetty LuFirm website
  4. seen on or beforeSep 15, 2026
    Visionaries Club Gmbh: MICRO_VC -> MULTI_STAGE_VC (both early and growth/opportunity families, reported GAV $119M)
    Classification changedClassificationInference
  5. Mar 24, 2026
    Visionaries Club Late Growth III Gmbh & Co. first reported on Form ADV by Visionaries Club Gmbh (Venture Capital Fund), GAV $34,864,362
    Fund first reported on Form ADVFundsInferenceVisionaries Club Late Growth III Gmbh & Co.Form ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 24, 2026 · 11 private fundsShow
Headquarters
Berlin, Germanyadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Mar 24, 2026
Private funds reported
11 (11 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$193Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Cape Ventures Gmbh (Member), owns 50% to 75%; Kensington Beteiligungs Gmbh (Member), owns 50% to 75%

Classification history

Every classification this record has carried3 on recordShow
  1. Sep 23, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $193M
  2. Sep 15, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $119M
  3. Sep 12, 2026
    Micro VC (confirmed, 95%)
    Venture manager, reported GAV $28.9M across 7 vehicles

Evidence

59 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC exemption claimedVenture capital fund adviserMar 27, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 24, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 27, 2024FactForm ADV
First Form ADV filing2021-11-09Mar 24, 2026FactForm ADV
First Form ADV filing2021-11-09Mar 27, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-24Mar 24, 2026FactForm ADV
Latest Form ADV filing2024-03-27Mar 27, 2024FactForm ADV
Venture share of reported funds1Mar 24, 2026FactForm ADV
Venture share of reported funds1Mar 27, 2024FactForm ADV
Business phoneMar 27, 2024FactForm ADV
Contact page urlSep 30, 2026Fact
Contact page urlSep 16, 2026Fact
DescriptionSep 30, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 14, 2026Fact
HeadquartersBerlin, GermanyMar 27, 2024FactForm ADV
Office addressMar 27, 2024FactForm ADV
Self-described typeVenture capitalSep 30, 2026Fact
Self-described typeVenture capitalSep 16, 2026Fact
Self-described typeVenture capitalSep 14, 2026Fact
Legal formOther (specify)Mar 27, 2024FactForm ADV
Portfolio pageSep 30, 2026Fact
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 14, 2026Fact
Private funds reported11Mar 24, 2026FactForm ADV
Private funds reported9Mar 27, 2024FactForm ADV
Private fund gross assets (reported)$193MMar 24, 2026FactForm ADV
Private fund gross assets (reported)$119MMar 27, 2024FactForm ADV
Schedule a diffsadiff-1Mar 24, 2026FactForm ADV
Stated geographyEurope, germany, global, nordics
“geography words on the home page”
Sep 30, 2026Fact
Stated geographyEurope, germany, global, nordics
“geography words on the home page”
Sep 16, 2026Fact
Stated geographyEurope, germany, global, nordics
“geography words on the home page”
Sep 14, 2026Fact
Stated sectorsAI, enterprise software, healthcare, hardware, devtools, logistics, industrial, B2B, hrtech
“sector words on the home page”
Sep 30, 2026Fact
Stated sectorsAI, enterprise software, healthcare, hardware, devtools, logistics, industrial, B2B, hrtech
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsAI, enterprise software, healthcare, hardware, devtools, logistics, industrial, B2B, hrtech
“sector words on the home page”
Sep 14, 2026Fact
Stated stagesMulti stage
“stage words on the home page”
Sep 30, 2026Fact
Stated stagesMulti stage
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesMulti stage
“stage words on the home page”
Sep 14, 2026Fact
Team pageSep 30, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 14, 2026Fact
Venture funds reported11Mar 24, 2026FactForm ADV
Venture funds reported9Mar 27, 2024FactForm ADV
WebsiteMar 27, 2024FactForm ADV
Site titleSep 30, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 14, 2026Fact
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmedShow
Importance
37
elevated
Active deployment
25
moderate
Emerging
0
low
Freshness
100
high
Multi-stage venture firmSEC exempt reporting adviser

Both early and growth/opportunity families, reported GAV $193M

The inputs behind each score
importance
gav: 0.39 · funds: 0.92 · people: 0.48 · investments: 0.11 · co investors: 0
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
emerging manager
fund count: 11 · reported gav: $193M · first adv filing: 2021-11-09 · years since first filing: 4.9

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

2 dated events on the change ledger, latest event first
  • Organization classification changed
    2026-09-15
  • Adviser's first ADV filing
    2021-11-09source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.