# RI Digital Ventures

> RI Digital Ventures is a VC fund in Berlin backing E-Commerce, Travel and Fashion. See 17 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Berlin, Germany
- Total investments: 17
- Last investment: Oct 2024
- Lead investor: 18%
- Last updated: Aug 2026
- Website: http://www.raffay.com/business/digital-ventures

RI Digital Ventures is a VC fund in Berlin focused on E-Commerce and Travel. Raffay is an investment group with early stage venture capital and real estate as its primary focus.

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $5M–$9.5M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 5 | 29% |
| Travel | 3 | 18% |
| Fashion | 2 | 12% |
| Shopping | 2 | 12% |
| Hospitality | 2 | 12% |

35 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 5 | 29% |
| Funding Round | 5 | 29% |
| Seed | 3 | 18% |
| Series B | 2 | 12% |
| Series G | 1 | 6% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Germany | 11 | 65% |
| Turkey | 1 | 6% |
| Singapore | 1 | 6% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Blacklane | Blacklane is the global chauffeur service that offers safety, sustainability, and stress-free travel. Since 2017, the company has been carbon-neutral, combining a five-star guest experience with care for the planet. The customers can book their travels using Blacklane’s mobile app or website.Blacklane was co-founded by Jens Wohltorf and FrankSteuer and is headquartered in Berlin, Germany. | $64.9M | Series G | Oct 29, 2024 |  |
| Blacklane | Blacklane is the global chauffeur service that offers safety, sustainability, and stress-free travel. Since 2017, the company has been carbon-neutral, combining a five-star guest experience with care for the planet. The customers can book their travels using Blacklane’s mobile app or website.Blacklane was co-founded by Jens Wohltorf and FrankSteuer and is headquartered in Berlin, Germany. | $26M | Venture - Series Unknown | Mar 24, 2021 |  |
| IDAGIO | IDAGIO is the leading streaming service for classical music with more than 1.8 million app downloads and subscribers in 190 countries. Crafted in Berlin by a world-class team of over 80 passionate experts in music, technology, business and design, IDAGIO offers a search tailor-made for classical music, expert curation, and an expansive catalogue ofover 2 million licensed tracks. IDAGIO is available through the web app and for download via mobile app with three tiers offered to listeners: IDAGIO Free, IDAGIO Premium, and IDAGIO Premium+. Idagio was founded by Till Janczukowicz and Christoph Lange, a duo that combines longstanding experience in the management of classical music stars with knowledge of the dos and don’ts in the founder scene around music streaming services. For more information, visit www.IDAGIO.com or download IDAGIO for your mobile device from the App Store or Google Play Store. | $9.5M | Series A | Dec 05, 2017 |  |
| Patience | Patience’s solutions are deployed foreducators of all kind: tutors, training companies, publishers, schools, universities and non-profit organizations. |  | Series A | Jul 16, 2014 |  |
| Outfittery | Outfittery provides an online personal shopping service for men. OUTFITTERY’s mission is to take the pain out of shopping for men – as an online version of the “personal shopping”.Their personal style experts put together two or three outfits for each of their customers based on their preferences and personality from a range of top brands. Eachcustomer is served and advised personally after a first online contact and an (optional) phone call. They keep the range of clothes constantly up to date by looking for the most interesting men´s fashion brands and the best items of popular designers worldwide.Their service is free and the individually selected items are sent to their customers free of charge. Customers only pay for the pieces that they want to keep in their wardrobe and feel comfortable in. OUTFITTERY today is the pioneer and market leader in curated shopping for men in Europe, shipping to eight countries (Germany, Austria, Switzerland, Netherlands, Belgium, Luxemburg, Sweden and Denmark). | $14.3M | Series B | Feb 17, 2014 |  |
| Blacklane | Blacklane is the global chauffeur service that offers safety, sustainability, and stress-free travel. Since 2017, the company has been carbon-neutral, combining a five-star guest experience with care for the planet. The customers can book their travels using Blacklane’s mobile app or website.Blacklane was co-founded by Jens Wohltorf and FrankSteuer and is headquartered in Berlin, Germany. | $11M | Series B | Dec 18, 2013 |  |
| Luxodo | Luxodo GmbH operates luxury shopping platform. The company was founded in 2011 and is based in Hamburg, Germany. | $2.4M |  | Nov 27, 2013 |  |
| PAYMILL | PAYMILL is a payment solution platform that enables online businesses to accept payments on their websites within a very short period of time. Its developer-friendly REST API allows its users to accept credit and debit card payments directly via their websites and mobile applications. The API gives its users full control over their checkouts sothat they are able to deliver a user experience optimized for higher conversions. Additionally, it allows its users to handle more than 100 transaction currencies in one PAYMILL account. PAYMILL supports all major credit and debit card brands such as Visa, MasterCard, AMEX, JCB, CUP, Diners, Discover, and many others. It was launched in 2012. | $5M | Series A | Feb 15, 2013 |  |
| Outfittery | Outfittery provides an online personal shopping service for men. OUTFITTERY’s mission is to take the pain out of shopping for men – as an online version of the “personal shopping”.Their personal style experts put together two or three outfits for each of their customers based on their preferences and personality from a range of top brands. Eachcustomer is served and advised personally after a first online contact and an (optional) phone call. They keep the range of clothes constantly up to date by looking for the most interesting men´s fashion brands and the best items of popular designers worldwide.Their service is free and the individually selected items are sent to their customers free of charge. Customers only pay for the pieces that they want to keep in their wardrobe and feel comfortable in. OUTFITTERY today is the pioneer and market leader in curated shopping for men in Europe, shipping to eight countries (Germany, Austria, Switzerland, Netherlands, Belgium, Luxemburg, Sweden and Denmark). |  | Series A | Jan 27, 2013 |  |
| Outstore | Outstore is an online marketplace, where customers can choose from outdoor fashion and accessories from specialized producers. |  |  | Sep 04, 2012 |  |

10 of 17 investments shown.

## Co-investors
- [b2venture](https://shizune.co/investors/profile/btovpartners) — VC Fund, 6 deals together
- [Seed GmbH](https://shizune.co/investors/profile/88investments) — VC Fund, 3 deals together
- [ALSTIN Family GmbH](https://shizune.co/investors/profile/alstin-family-gmbh) — VC Fund, 3 deals together
- [car4you](https://shizune.co/investors/profile/car4you-ch) — VC Fund, 3 deals together
- [SquareOne](https://shizune.co/investors/profile/paua-ventures) — VC Fund, 3 deals together
- [Al Fahim Group](https://shizune.co/investors/profile/alfahim) — VC Fund, 2 deals together

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## FAQ

### What does RI Digital Ventures invest in?

RI Digital Ventures invests primarily in E-Commerce, Travel and Fashion startups, most often at Series A and Funding Round stage. Most of the 17 investments tracked by Shizune back companies in Germany. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is RI Digital Ventures's check size?

RI Digital Ventures typically joins rounds of $5M–$9.5M 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 RI Digital Ventures participates in.

### When did RI Digital Ventures last invest?

The most recent investment recorded for RI Digital Ventures closed in Oct 2024. Shizune tracks 17 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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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