Scalable Capital

Scalable Capital is a fintech startup that has built a platform to monitor and manage investment portfolios investing in shares, manage trades and exchange traded funds.

Scalable Capital is on a mission to use modern technology to provide a broad group of investors with access to a form of investment that was previously reserved for very wealthy investors.

Scalable Capital was founded in 2014 by Erik Podzuweit, Florian Prucker, Adam French and Prof. Dr. Stefan Mittnik. The company is headquartered in München, Bayern, with an office in London, United Kingdom.

Scalable Capital’s goal was to democratise wealth management and to make investing easier and cheaper through technology.

Scalable has built out its business as both a B2B and B2C service. For the former, it sells its tech to banks who want to offer a “robo advisor” option to its investor customers. Partners in that business include Barclays, Gerd Kommer Capital, Raiffeisen Banking Group Austria, Raisin, ING Deutschland, Siemens Private Finance, the Openbank digital bank from Santander, Targobank from French Crédit Mutuel, Oskar and Baader Bank.


Scalable currently has some 80,000 customers across Germany, Austria and the UK. Using its services both directly and via bank partners, the startup says it has more than $2 billion under management on its platform and the plan is to build more products for those customers, add more customers in those regions and potentially look to more countries in Europe.


Scalable Capital is backed by BlackRock, HV Holtzbrinck Ventures, Tengelmann Ventures, Hill Ventures, German Startup Group and others. The company raised around €50M ($58M) in Series D round on Jul 22, 2020. This brings Scalable Capital's total funding to €116M ($133M) to date. The round gives the money a post-money valuation of €400M ($460M).



  • Year founded: 2014
  • Funding Info: €116M ($133M) over 5 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued at €400M ($460M) as of July 22, 2020
  • City/Town: München
  • State: Bayern
  • Country: Germany
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