SaaS & Enterprise VCs in Portugal
B2B software for workflows, automation, and operations. Portugal's engineering talent makes this a natural fit.
LAST UPDATED: 2026-09-06
16
INVESTORS
172
PORTFOLIO COS
6
STAGES COVERED
ALL SAAS & ENTERPRISE INVESTORS (16)
Indico Capital PartnersVC
€500K–€10M·Anchorage Digital, Remote, Sword Health, TIER, Rows, Dealroom, Preply
Pre-SeedSeedSeries A
Shilling Capital PartnersVC
€100K–€1M·Sword Health, Coverflex, Rows, Casafari, Unbabel, Tucuvi
Pre-SeedSeedSeries A
PathenaVC
Primetag, HUUB, Exago
SeedSeries AGrowth
Semapa NextCVC
€5M–€22.5M·Constellr, Defined.ai, Overstory, GROPYUS, Probely (acquired by Snyk), Realfevr
Series AGrowth
Olisipo WayVC
€50K–€150K·Climber RMS, SQS
Pre-SeedSeed
hypra.fundVC
Up to $10M·Trinetix, Boosty Labs, Utorg, Party.Space
SeedSeries A
N1 Investment CompanyVC
€100K–€350K·Bolt, SteadyPay, Wantent.io
Pre-SeedSeed
Beta-iAccelerator / VC
Didimo, 850+ accelerated startups
Early Stage
Porto VentureVC
SeedSeries A
Build Up LabsVenture Studio
Tap My Back (acquired 2023), 'NVY Life (acquired by L'Oréal), Ask Cory, Grants Finder, Faturado
Pre-SeedSeed
Dengun Startup StudioVenture Studio
Pre-SeedSeed
Alea Capital PartnersPE / VC
Reckon.ai, Feelit
Series AGrowth
Point Capital PartnersPE / VC
€500K–€3M
SeedSeries ASeries B
Change PartnersVC (SCR)
GuestCentric, Exogenus Therapeutics
Series A
InnventuresCVC
GoSupply, Vigie
SeedSeries A
Fábrica de StartupsAccelerator / VC
Up to €100K·Codacy, Primetag, Climber RMS
Pre-SeedSeed
NOTABLE SAAS & ENTERPRISE PORTFOLIO COMPANIES
Beamian(Portugal Ventures)Beeyard↗(Portugal Ventures)Bugleon↗(Portugal Ventures)Bullet Solutions↗(Portugal Ventures)Codavel↗(Portugal Ventures)Digital Manager Guru(Portugal Ventures)Fyde↗(Portugal Ventures)Glartek↗(Portugal Ventures)OutSystems↗(Portugal Ventures)Jscrambler↗(Portugal Ventures)Probely↗(Portugal Ventures)Codacy↗(Armilar Venture Partners)Amplemarket↗(Armilar Venture Partners)Rows↗(Armilar Venture Partners)Coreflux↗(Armilar Venture Partners)Trendtracker↗(Armilar Venture Partners)Cintoo↗(Armilar Venture Partners)Infraspeak↗(Caixa Capital)Noxus↗(Caixa Capital)Prodsmart(Caixa Capital)Dealroom↗(Indico Capital Partners)Hercules AI(Indico Capital Partners)Cargofive(Indico Capital Partners)Remote↗(Indico Capital Partners)Aptivio(Shilling Capital Partners)Cooby(Shilling Capital Partners)Reviewpad(Shilling Capital Partners)Bitskout(Shilling Capital Partners)tl;dv(Shilling Capital Partners)Innovationcast(Shilling Capital Partners)