Target Global
Target Global is a European growth-stage venture capital firm founded in 2015 that invests in transformational technology companies across fintech, healthtech, AI, and adjacent sectors, with a portfolio of 98 investments spanning Europe, the US, Israel, and MENA.
- Company typePrivate
- Founded2015
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Target Global does
Target Global is a European growth-stage venture capital firm founded in 2015 by Alexander A. Frolov. The firm invests in transformational technology companies across fintech, healthtech, AI, business software, mobility, edtech, proptech, and tech-enabled consumer sectors, with an active portfolio of 98 investments spanning Europe, the United States, Israel, and MENA. Notable portfolio positions include early-stage investments in Revolut, TravelPerk, Rapyd, and Flo Health, and the firm led the largest FinTech seed round in MENA history for Tarabut Gateway. Target Global operates through three regulated entities: Target Germanium GmbH in Berlin (which delivers investment advisory services as a tied agent of AHP Capital Management GmbH under the German WpIG regime), Hyde Park Special Opportunities Ltd. in London, and Target Global Advisors Cayman Ltd. in Grand Cayman.
The firm earns revenue through the standard venture capital model of management fees on committed capital (typically 1–2% annually) and carried interest on profitable exits (typically 20% above a hurdle rate), as disclosed in general industry terms rather than firm-specific figures. Target Global's go-to-market is direct investment into portfolio companies through equity capital deployment, typically leading or participating in funding rounds across seed through Series D, with repeat co-investments from tier-one funds such as Sequoia, Norwest, Databricks Ventures, and Square Peg. Customer segments are founders and management teams of growth-stage technology companies seeking international scaling capital and strategic support.
The firm's strategic emphasis is on structural market shifts and companies with international scaling potential. Distribution is conducted through a digital presence on LinkedIn, Twitter, Medium, Facebook, and Instagram, with deal sourcing driven by the founding partners' networks and ecosystem relationships. Investment advisory services are conducted under German regulatory oversight via Target Germanium GmbH, which is represented by Managing Directors Franco Ventocilla and Anke Irdelp, and the firm discloses consolidated SFDR principal adverse sustainability impact statements across multiple fund vehicles.
Target Global firmographics
Firmographics- Name
- Target Global
- Legal name
- Target Germanium GmbH
- Website
- https://targetglobal.vc
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Target Global is a European growth-stage venture capital firm founded in 2015 that invests in transformational technology companies across fintech, healthtech, AI, and adjacent sectors, with a portfolio of 98 investments spanning Europe, the US, Israel, and MENA.
- Ownership category
- akta.pro rank
Target Global industry classification
Industry- Product category
- Venture Capital / Growth Equity Investing
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Geography-Focused Venture Capital (Regional/Emerging Markets) (FSANAAAE)
- akta.pro secondary industry
- Impact / ESG Venture Capital (FSANAAAG)
Keywords
Where Target Global is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
Target Global business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Management Fees: Venture capital firms typically charge management fees on committed capital under management, usually 1-2% annually.
- Carried Interest: Performance-based carried interest from successful portfolio company exits, typically 20% of profits above the hurdle rate.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Target Global product offering
Product offeringCore offering
Target Global is a European growth-stage venture capital firm that invests in transformational technology companies across early-stage and growth-stage rounds. The firm deploys equity capital into fintech, healthtech, business software, mobility, edtech, proptech, and tech-enabled consumer companies across Europe, USA, Israel, and ROW, and provides strategic guidance and operational support to portfolio companies.
Product overview
Target Global is a European growth-stage venture capital platform that invests in transformational technology companies. The firm supports entrepreneurs across fintech, healthtech, business software, edtech, proptech, mobility, and tech-enabled consumer sectors. Target Global's investment portfolio includes 98 companies spanning early-stage, growth-stage, and exited investments across Europe, USA, Israel, and ROW markets. The platform does not offer a unified software product but rather provides venture capital investment services to portfolio companies.
Differentiator
Problem solved
Functional benefit
Products and services
- Target Global Investment Platform
Quantifiable outcome
- Investment track record includes unicorn exits and successful investments in companies such as Revolut, TravelPerk, Rapyd, and Flo Health ($200M Series C achieving unicorn status)
Companies that use Target Global
Customer profileSegments1 record
Ideal customer profiles2 records
Target Global technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Target Global partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights5 records
Target Global competitors and assessment
Company assessmentDirect peers
- Balderton Capital: London-based venture capital firm investing in early- and growth-stage European technology companies. Directly comparable to Target Global in stage focus, geography, and sector emphasis (fintech, SaaS, consumer).
- Atomico: London-based VC founded by Skype's Niklas Zennström that invests across European growth-stage technology companies. Comparable in stage, geography, and cross-border investment approach.
- Index Ventures: European- and US-headquartered venture capital firm investing across multiple stages and sectors including fintech, healthtech, and SaaS. Comparable in stage breadth, geographic reach, and sector focus.
- Earlybird Venture Capital: Berlin- and Munich-based European venture capital firm with a long track record in fintech, enterprise, and deep tech. Comparable in stage focus, geographic base, and sector breadth.
- Creandum: Stockholm-based early- and growth-stage European VC investing across fintech, SaaS, and consumer. Comparable in stage focus, Nordic/European orientation, and cross-border deal-making.
- Speedinvest: Vienna-based European venture capital firm investing across early-stage technology sectors including fintech and healthtech. Comparable in stage focus and European-led investment mandate.
- Northzone: Pan-European venture capital firm investing from seed to growth across fintech, healthtech, and software. Comparable in stage range, geographic breadth, and sector mix.
- Notion Capital: London-based VC specializing in European B2B SaaS and fintech. Comparable in stage focus, European base, and fintech/SaaS thematic alignment.
- LocalGlobe: London-based seed- and early-stage venture firm investing across European technology companies. Comparable in geography and stage orientation, though more seed-focused.
Broad incumbents
- Accel: Global venture capital firm with strong European operations (London) and broad sector coverage including fintech, SaaS, and consumer. Comparable as a benchmark incumbent in the same geographies and stages.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Target Global social profiles
Digital presenceTarget Global financial estimates
Financial estimateRevenue estimate
Valuation estimate
Target Global leadership team
Management profileNumber of profiles
Profiles9 records
Target Global funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Target Global M&A and investment
M&A and investmentM&A
Investments232 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Target Global
What does Target Global do?
Target Global is a European growth-stage venture capital firm that invests in transformational technology companies across early-stage and growth-stage rounds. The firm deploys equity capital into fintech, healthtech, business software, mobility, edtech, proptech, and tech-enabled consumer companies across Europe, USA, Israel, and ROW, and provides strategic guidance and operational support to portfolio companies.
Is Target Global a public or private company?
Target Global is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Target Global founded?
Target Global was founded in 2015. It employs 11 to 50 people.
Where is Target Global based?
Target Global is headquartered in London, United Kingdom, in the Europe region.
How does Target Global make money?
Two revenue lines are on record. Management Fees are the primary driver. The others are carried Interest.
Who are Target Global's main competitors?
Direct peers on record are Balderton Capital, Atomico, Index Ventures, Earlybird Venture Capital, Creandum, Speedinvest, Northzone, Notion Capital and LocalGlobe. Accel is listed as a broad incumbent.
Does Target Global have an API?
No public API is recorded for Target Global.
What industry is Target Global in?
Target Global's product category is Venture Capital / Growth Equity Investing. Its primary akta.pro industry code is FSANAAAE, Geography-Focused Venture Capital (Regional/Emerging Markets), with a secondary code of FSANAAAG, Impact / ESG Venture Capital. Its NAICS code is 523940 and its SIC code is 6282.