Fund profile / Netherlands

DFF Ventures Fund III

Geography
Netherlands
Stage
Pre-Seed
Fund size
€50M
Focus
AI/ML, E-Commerce, Marketplaces and SaaS
Signals
Published
Share
N°01 / About

About DFF Ventures Fund III

Vertical AI, Marketplaces, SaaS, Recommerce, Tech-Enabled Services

N°02 / Thesis

Investment Focus

Location / RegionNetherlands
Funding StagePre-Seed
Industry Focus
AI/ML
E-Commerce
Marketplaces
SaaS

Investor Signals Profile

active

Sweet Spot

Pre-seed founder in vertical AI or unglamorous B2B procurement

vertical AI
recommerce
marketplaces
underdigitised industries
supply-chain agents
procurement automation
back-office grind
non-digital sectors

Bullish Signals

Oversubscribed €70M, above €60M hard capblog
Operator-LP flywheel drives proprietary deal flowblog
€2.5M max ticket, meaningful ownership at pre-seedblog
Fund III closed in brutal LP environmentblog
Ranked #2 seed VC Europe (Sifted/Dealroom)twitter
Portfolio exits: Opensignal, WIREWAX, Marshmallowtwitter
Backs construction, femtech, real-time datatwitter
Active demo day partnerships, 350+ VC reachlinkedin
Compri seed: €3.2M, doubling down with Picuslinkedin
Portfolio: supply-chain agents managing €10bn+ spendlinkedin
First Italian investment signals geographic expansionlinkedin
Recent activity: actively backing unglamorous B2Blinkedin
Double-down on Compri across 8 countriessocial
Fund backs procurement DNA & founding team qualitysocial
Procurement moves billions via email, spreadsheetssocial
Compri agents embedded in live workflows, scaledsocial
DFF doubled-down investment confirms conviction thesissocial
Onstage demo day (Sifted) actively sourcing founderslinkedin
Non-digital industry digitization remains priority focuslinkedin
Onstage Sept 22: actively hunting non-digital builderslinkedin

Contrarian Signals

Exit paths narrower than horizontal softwareblog
AI capability curve may erode data moatsblog
Less glamorous sectors, fewer strategic acquirersblog

Founder Do's

Build software touching messy analog workflows
Operate in logistics, trade, physical ops
Come at ideation or pre-seed stage
Expect seed-style process, not party round
Leverage operator-LP network introductions
Focus on unglamorous B2B back-office grinds
Target billion-dollar spreadsheet-driven spend flows
Show founding DNA over credentials alone
Apply to Onstage demo day (Sifted)

Founder Don'ts

Don't pitch LLM wrappers or AI agents
Don't expect a logo-only investor
Don't pitch post-seed stage

39 signals on DFF Ventures Fund III

20 bullish · 3 contrarian · 9 pitch do's · 3 don'ts · 4 GP profiles, each with its source. From €9/month, cancel anytime.

Facts

Fund Overview

Fund Size€50M
Saves0
People

Key People

Martijn Jansen, Jonas de Groot, Jorin Dorr, Fabian Dudek, Jonne de Leeuw, Thijs Olthof

Patrick KerssemakersFounding Partner
Laurens GroenendijkPartner
Bas BeerensPartner
Hidde HoogcarspelPartner
N°04 / See also

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