# Scalable Capital

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/scalable-capital

- Industry: Financial Services
- Headquarters: Munich, Germany
- Website: www.scalable.capital
- Total disclosed funding: $376M
- Latest round: Series E (Dec 5, 2023)
- Investors on record: 8

## About

Based in Munich, Germany, and founded in 2014 by co-CEOs Florian Prucker and Erik Podzuweit, Adam French and Stefan Mittnik, Scalable Capital GmbH operates as a FinTech company that provides a digital asset management platform as well as a trading platform for investors to trade stocks, ETFs, funds, cryptocurrencies, and derivatives. In July 2020, Scalable Capital GmbH raised EUR 50 million in a Series D funding from BlackRock, HV Capital, and Tengelmann Ventures Management. In June 2025, Scalable Capital GmbH raised EUR 155 million in venture funding co-led by new investors Sofina and Noteus Partners, with participation from returning investors Balderton Capital, Tencent Investment, and HV Capital. Scalable Capital GmbH provides Scalable Broker, a financial trading platform that allows individuals to invest in a range of assets, including stocks, ETFs, bonds, funds, derivatives, commodities, and cryptocurrencies. Users can create customized savings plans starting with minimal investments and access features like automated portfolio analysis. In addition, the platform also facilitates trading on stock exchanges, with options for limit, stop, and market orders. The company also offers Scalable Wealth, a wealth management platform providing automated investment services, including continuous portfolio monitoring and automatic adjustments to market changes, ensuring alignment with individual investment goals. Scalable Wealth also provides flexible savings and withdrawal plans, with no fixed terms or minimum holding periods. The firm also provides secured loans through its credit service, allowing users to borrow against the securities from their brokerage accounts. Scalable Capital generates revenue through charging various fees on its Scalable Broker platform based on its brokerage plans. For the Free Broker, it charges EUR 0.99 for trades under EUR 250 and offers free trades for Prime ETFs over EUR 250. The Prime Plus Broker has a monthly fee of EUR 4.99 and additional charges for smaller trades. In addition, the company’s Scalable Wealth platform generates revenue through a fee structure based on asset management and trading. Asset management fees are charged as a percentage of the portfolio value, with rates decreasing for larger investments. The company also charges a fixed fee for comprehensive services, including account management, trading fees for transactions, and ETF costs for investments in specific strategies. Total costs vary based on asset value, with reduced fees for higher investments. The company will use the June 2025 funding to further develop its digital investment platform.

## Funding rounds

- Series E, Dec 5, 2023, $64M — Balderton Capital, HV Capital, Tencent Investment, BlackRock
- Series E, Jun 7, 2021, $180M — HV Capital, Tencent Investment, Tengelmann Ventures Management, HS Investments
- Series D, Jul 2, 2020, $56M — HV Capital, BlackRock, Tengelmann Ventures Management, HS Investments
- Series C, Aug 7, 2019, $28M — HV Capital, BlackRock, Tengelmann Ventures Management
- Series B, Jun 20, 2017, $37M — HV Capital, BlackRock, Tengelmann Ventures Management
- Series A, Mar 31, 2016, $9.8M — HV Capital, German Startups Group, Tengelmann Ventures Management, Monk's Hill Ventures

## Investors

- HV Capital (https://capitalatlas.ai/funds/hv-capital) — Series A, Series B, Series C, Series D, Series E
- German Startups Group (https://capitalatlas.ai/funds/german-startups-group) — Series A
- Tengelmann Ventures Management (https://capitalatlas.ai/funds/tengelmann-ventures-management) — Series A, Series B, Series C, Series D, Series E
- Monk's Hill Ventures (https://capitalatlas.ai/funds/monk-s-hill-ventures) — Series A
- BlackRock (https://capitalatlas.ai/funds/blackrock) — Series B, Series C, Series D, Series E
- HS Investments — Series D, Series E
- Tencent Investment — Series E
- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series E