# HR Ventures

> HR Ventures is a VC fund in Dreieich backing Travel and Tourism. See 27 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Dreieich, Germany
- Total investments: 27
- Last investment: Jul 2021
- Lead investor: 7%
- Last fund: Sep 2012
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/hr-ventures-gmbh/
- Website: https://www.hrventures.de/

HR Ventures is an early-stage venture capital firm, which is part of the HahnAir Group. HR Ventures is based near Frankfurt am Main in Germany. HR Ventures is also an EVCA member, the European private equity & venture capital association.HR Ventures was founded to support exceptional entrepreneurs in achieving their goals together aspartners. We define ourselves as an equal partner for all entrepreneurial challenges with in-depth expertise and a large network. The company builds a strong relationship with each founder to create outstanding companies. We are here to

## Contacts

5 contacts available for HR Ventures. Shizune tracks 1 team members at HR Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/hr-ventures?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $137k–$1.6M |
| Series A | $2.3M–$6.6M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Travel | 6 | 22% |
| Tourism | 5 | 19% |
| Software | 5 | 19% |
| Information Technology | 5 | 19% |
| E-Commerce | 4 | 15% |

38 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 11 | 41% |
| Series A | 9 | 33% |
| Funding Round | 3 | 11% |
| Series B | 1 | 4% |
| Convertible Note | 1 | 4% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Germany | 14 | 52% |
| Spain | 2 | 7% |
| Switzerland | 1 | 4% |
| United States | 1 | 4% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Hoang Lam Phan | Investment Manager | 0 | https://shizune.co/investors/profile/hoang-lam-phan |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Caravelo | Caravelo drives profitability by bringing airlines and passengers closer together. We make it easy to modernize your revenue streams, unlocking hidden opportunities, and increasing customer satisfaction.We provide SaaS solutions designed specifically for the airline and travel industry that integrate with existing systems and give airlines a moredirect relationship with their clients. The result is lower costs, more revenue opportunities and increased loyalty.Our success is attested by some of the biggest names in travel. To find out more, reach out to us before your competitors do. | $2.4M | Series A | Jul 22, 2021 |  |
| Nezasa | Nezasa’s travel booking solution empowers travel brands globally to combine all planning and booking related actions into one seamless end-to-end experience.Our tools, enable to plan and book any type of multi-product or multi-stop itinerary.TripBuilder Hyper-personalised packaging Real-time planning and booking of personalised itinerariesPowerful, easy to use and very interactive Deep integration possibilities into existing fulfilment landscapes Enterprise-grade, proven with large TO customersTripBooster Hyper-personalised In-Destination Upselling The extension of TripBuilder’s power throughout the entire travel lifecycle The perfect travel companion Seamless purchasing of perfectly fitting additional products Smart upselling recommendation, available in both a push and pull mode | $2.9M | Series A | Dec 20, 2018 |  |
| BYHOURS | BYHOURS is the first online hotel booking platform and app that allows you to book microstays in hotels in sets of 3, 6, and 12 hours and let’s you decide the time of arrival and departure. BYHOURS has introduced a new and disruptive business model in travel industry, about micro-stays and pay-per-use and based in flexibility, which also allowhotels to increase their income, as well as monetize and optimize their resources. Founded in March of 2012 in Barcelona, the company has experienced rapid growth, and does business with more than 2500 hotels in Europe, Latin America and some key cities in Middle East, and works in partneship with the international top hotel chains. | $3.3M | Series A | Dec 15, 2017 |  |
| Nezasa | Nezasa’s travel booking solution empowers travel brands globally to combine all planning and booking related actions into one seamless end-to-end experience.Our tools, enable to plan and book any type of multi-product or multi-stop itinerary.TripBuilder Hyper-personalised packaging Real-time planning and booking of personalised itinerariesPowerful, easy to use and very interactive Deep integration possibilities into existing fulfilment landscapes Enterprise-grade, proven with large TO customersTripBooster Hyper-personalised In-Destination Upselling The extension of TripBuilder’s power throughout the entire travel lifecycle The perfect travel companion Seamless purchasing of perfectly fitting additional products Smart upselling recommendation, available in both a push and pull mode | $2.3M | Series A | Sep 27, 2017 |  |
| Mapudo | Mapudo is a supplier-independent marketplace for for metals. Mapudo is bringing the metals supply industry online. They are the first company offering an independent online distribution channel for metals distributors and simplifying significantly metals procurement for buyers. |  |  | Dec 15, 2016 |  |
| HAPPYCAR | As a metasearch engine HAPPYCAR offers customers an extended transparency of offers showing insurance packages, kilometer fees and one-way fees, among many others. By providing an easy, user-friendly booking process and a free customer service hotline in case any questions arise, they ensure that their customers can enjoy a hassle free rental cartrip. To conclude, customers benefit from HAPPYCAR by saving time and money.HAPPYCAR (www.happycar.de) is one of the fastest growing online car rental companies in Europe. HAPPYCAR is operating within the tourism sector as a meta-search engine for rental cars. Their goal is to provide the best prices for rental cars worldwide, while comparing all offers of their partners. To achieve this, HAPPYCAR has access to more than 1.000 car rental companies for eight countries through Europe and worldwide destinations – further expansion is going on. | $2.8M | Series A | Oct 06, 2016 |  |
| BYHOURS | BYHOURS is the first online hotel booking platform and app that allows you to book microstays in hotels in sets of 3, 6, and 12 hours and let’s you decide the time of arrival and departure. BYHOURS has introduced a new and disruptive business model in travel industry, about micro-stays and pay-per-use and based in flexibility, which also allowhotels to increase their income, as well as monetize and optimize their resources. Founded in March of 2012 in Barcelona, the company has experienced rapid growth, and does business with more than 2500 hotels in Europe, Latin America and some key cities in Middle East, and works in partneship with the international top hotel chains. | $1.6M |  | Sep 05, 2016 |  |
| Distribusion Technologies | Distribusion is the leading provider of technology solutions in ground transportation. Distribusion connects thousands of bus, rail, ferry and public transport providers worldwide to a global network of travel retailers including Google, Booking.com, Alipay, Trainline and Amadeus. The largest ground transportation carriers from Amtrak, DeutscheBahn, National Express, Comporte to Vietnam Railways already rely on Distribusion’s technology. Distribusion’s standardisation layer enables online retailers to sell tickets for any carrier through a single API, eliminating the need for individual contracts or technical efforts. Distribusion provides carriers with advanced retailing technology to increase sales and margin. Find out more at www.distribusion.com. | $6.6M | Series A | Mar 17, 2016 |  |
| HAPPYCAR | As a metasearch engine HAPPYCAR offers customers an extended transparency of offers showing insurance packages, kilometer fees and one-way fees, among many others. By providing an easy, user-friendly booking process and a free customer service hotline in case any questions arise, they ensure that their customers can enjoy a hassle free rental cartrip. To conclude, customers benefit from HAPPYCAR by saving time and money.HAPPYCAR (www.happycar.de) is one of the fastest growing online car rental companies in Europe. HAPPYCAR is operating within the tourism sector as a meta-search engine for rental cars. Their goal is to provide the best prices for rental cars worldwide, while comparing all offers of their partners. To achieve this, HAPPYCAR has access to more than 1.000 car rental companies for eight countries through Europe and worldwide destinations – further expansion is going on. | $1.6M | Seed | Oct 16, 2015 |  |
| viasto | Viasto develops and delivers a video interviewing solution for a range of industries and companies. |  | Seed | Sep 25, 2015 |  |

10 of 27 investments shown.

## Co-investors
- [HOWZAT Partners](https://shizune.co/investors/profile/howzat-partners) — VC Fund, 4 deals together
- [Capnamic](https://shizune.co/investors/profile/capnamic-ventures) — VC Fund, 3 deals together
- [Creathor Ventures](https://shizune.co/investors/profile/creathor-venture-management) — VC Fund, 3 deals together
- [NRW.BANK](https://shizune.co/investors/profile/nrw-bank) — VC Fund, 3 deals together
- [WestTech Ventures](https://shizune.co/investors/profile/west-techventures) — VC Fund, 3 deals together
- [TA Capital](https://shizune.co/investors/profile/atlantic-capital-partners) — VC Fund, 2 deals together

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## FAQ

### What does HR Ventures invest in?

HR Ventures invests primarily in Travel, Tourism and Software startups, most often at Seed and Series A stage. Most of the 27 investments tracked by Shizune back companies in Germany. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is HR Ventures's check size?

HR Ventures typically joins rounds of $137k–$1.6M at Seed and $2.3M–$6.6M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds HR Ventures participates in.

### How do I contact HR Ventures?

Public channels for HR Ventures include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at HR Ventures?

The team at HR Ventures includes Hoang Lam Phan (Investment Manager). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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