€9.3B

€7.7B

€7.2B

€6.7B

€5.4B

€5.3B

€4.0B

€2.7B

€2.2B

€2.0B

€1.7B

€1.7B

€1.7B

€1.5B

€1.2B

€1.0B

€1.0B

€901M

€901M

€901M

€870M

€692M

€2.3B

€130M

€24M

€5M

€411M

€39M

€181M

€1M

€165M

€85M

€15M

€66M

€157M

€58M

€182M

€19M

€109M

€84M

€27M

€36M

€41M

Supercell

Skype

Yandex (IPO)

Rocket Internet (IPO)

King.com

Zalando (IPO)

Playtika

AVITO.ru

FleetMatics

Cambridge Silicon Radio

Just Eat (IPO)

Skyscanner

Betfair (IPO)

CRITEO (IPO)

AVG

Zoopla (IPO)

Takeaway.com (IPO)

BioVex

Hybris

MySQL

TeamViewer

Trivago

Value at exit Capital invested

1

Europe’s largest VC-backed exits

Note: Skype first sold to eBay for $2.6B, then another PE/VC buyout led to $8.5B exit. Most IPOs did not offer immediate exit. Just Eat IPO netted VCs €300M initial exit.Takeaway.com IPO netted €150M initial exit via secondary sale. Other IPOs were primary shares only.

… x

71x

317x

137x

16x

26x

133x

11x

27x

1496x

16x

29x

2933x

26x

n/a

7x

56x

9x

11x

33x

25x

Capital efficiency: multiple of exit value over capital invested (≠ fund return)

Notable partial exits via secondary sale:

- Spotify (€8B valuation)

- Vente Privee (€3B valuation)

- Delivery Hero (€3B valuation 1 year ago)

- Meuilleurtaux (unknown valuation)

- Blablacar (unknown valuation)

17x

n/a

2

Notable heavy hitting VCs in Europe9

6

4

4

3

3

3

3

3

2

2

2

2

2

Index Ventures

Insight Venture Partners

Accel Partners

Bessemer Venture Partners

Scottish Equity Partners

Institutional Venture Partners

Lakestar

Benchmark

HV Holtzbrinck Ventures

Vitruvian Partners

Baillie Gifford

Highland Capital Partners

Balderton

Baring Vostok

Supercell (€9.3B) Skype (€2.3B) King.com (€5.4B) Just Eat (€1.7B) Betfair (€1.7B) CRITEO (€1.5B) Privalia (€0.5B) Photobox (€0.5B) MySQL (€0.9B)

Trivago (€0.7B) Wix (€0.7B) HelloFresh Privalia (€0.5B) Photobox (€0.5B) TeamViewer (€0.9B)

Supercell (€9.3B) Avito.ru (€2.7B) Showroompr. (€0.7B) Spotify

Skype (€2.3B) CRITEO (€1.5B) Wix (€0.7B) TeamViewer (€0.9B)

CSR (€2.0B) Skyscanner (€1.7B) BioVex (€0.9B)

Supercell (€9.3B) Fleetmatics (€2.2B) MySQL (€0.9B)

King.com (€5.4B) Skype (€2.3B) Spotify

MySQL (€0.9B) Wix (€0.7B) Zipcar (€0.4B)

Zalando (€5.3B) Hellofresh CityDeal

Just Eat (€1.7B) Skyscanner (€1.7B)

Skyscanner (€1.7B) Hellofresh

Privalia (€0.5B) Photobox (€0.5B)

MySQL (€0.9B) Betfair (€1.7B)

Yandex (€7.3B) Avito.ru (€2.7B)

Note: Selected VCs and their biggest European exits. Other notables include Rocket Internet, Kinnevik and Tengelmann Ventures.

3

European tech acquisitions > €1 billion€42.8 B

€28.8 B€9.3 B

€7.7 B€5.4 B

€4.8 B€4.5 B€4.5 B

€4.0 B€3.9 B

€3.4 B€3.2 B

€3.1 B€3.0 B

€2.8 B€2.7 B

€2.5 B€2.4 B€2.3 B€2.2 B€2.1 B€2.0 B€2.0 B€1.9 B

€1.7 B€1.7 B€1.7 B

€1.5 B€1.5 B

€1.4 B€1.3 B€1.2 B€1.2 B€1.2 B€1.2 B€1.1 B€1.1 B€1.1 B

NXP SemiconductorsARM Group

SupercellSkype

King.comInformatica

KukaPokerStars

PlaytikaTravelport

JazztelTelecityGroup

Net-a-PorterAllegro

HEREAVITO.ru

Wood MackenzieSkype

MojangFleetMatics

VKontakte / vk.ruTrader Media Group

Cambridge Silicon RadioPace

SkypeHome Retail Group

SkyscannerMisys

Scout24 HoldingSupercell

Wood Mackenzie / WoodmacTeamSystem

Hotelbeds GroupAVG

R Cable and TelecommunicationsArgus Media

Airwave SolutionsSkrill

Note: excludes traditional telecom and satellites such as Virgin, Alcatel-Lucent, EE, Ziggo, E-plus, O3B.

Click here to review the data onlinehttps://app.dealroom.co/exits/f/fundings/anyof_0-1M_1-10M_10-25M_25-50M_50-100M_100-250M_%3E250M/industries/not_telecom/locations/Europe?sort=-total_ev

One-stop shop for rich data and insights on European tech data

November 2016

Technology is reshaping industries. Dealroom provides a 360° view for founders, investors,

and corporates, through premium data and in-depth research on demand

Dealroom is the creator of Europe’s leading venture capital database, tracking over

500,000 companies and 10,000 investors (descriptions, funding, growth signals, ...)

Dealroom’s data model combines big data and machine learning with curation and

contributions from over 10,000 local market experts

Europe is different: a fragmented market of 700 million people, and multiple languages. It

requires a dedicated approach

6

One-stop shop on European tech data

Obtain critical data within seconds

7

Research on demand

- Company reports

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Premium data & research on demand

8

Database access

Curation & research by

Dealroom’s team

10,000+ contributors

(founders, VCs, …)

Big data analytics on

500,000+ tech companies

and 10,000+ investors

Machine learning and

natural language processing

Curation & research

by Dealroom’s team

Machine learning and

natural language

processing

Big data, analytics

and growth signals

on 500,000+

companies

Powerful data model

10,000+ contributors

(founders, VCs, …)

Automatic data feeds

and web crawlers

Market insights from

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Manually verify data and

enrich content

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Predict company

activity, identify trends

and areas of growth

9

10

2% 2% 2% 3% 3% 4%

5% 7%

10%

13% 15%

18%

16%

Before 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Distribution of Investable Tech Companies by Year

Data by Aggregation MethodType of Entities

281,400

29,152 10,650 2,532 6,376

Seed startup Early startup Late stage scaleup Corporates Agencies

Investable companies Other

486,657

27,552 5,721

AI Verified Claimed

Dealroom data composition

11

European focus, global scope

USA170,500 companies

1,950 investors

7,000 rounds

LATIN AMERICA4,250 companies

80 investors

350 rounds

EUROPE & ISRAEL286,000 companies

4,500 investors

15,600 rounds

ASIA9,500 companies

500 investors

2,150 rounds

MENA800 companies

70 investors

110 rounds