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etventure helps startups transform promising ideas into scalable products and businesses.
Founded on December 9, 2010, etventure identifies, prototypes, and tests innovative business ideas in the online and mobile space. They offer a structured process for idea generation, product development, and market testing.
Together with their partners, the company identifies unaddressed customer needs and derive innovative business ideas (Design Thinking Approach). It transforms these ideas into concrete products and services, which they launch in very early prototyping phases, often as early as a few weeks after initiation (Minimum Viable Product Approach). While continuously launching newer product versions on the market, etventure is able to conduct ongoing real-world market tests. These market tests generate data on usage and purchase behavior, which allow the company to successively assess the market potential of each business idea (Lean Startup Approach). Only ideas that have been validated through real-world market tests will be developed to scalable solutions and business models. With this portfolio- and test-based approach, etventure optimizes its products from a customer point of view and maximizes the effectiveness of financial investments by its investors.
etventure partners with industry experts and companies that aim to identify, develop, and test new business ideas in a structured and hands-on process. It provides entrepreneurial expertise as well as its development and testing resources to assess startup companies’ innovation potential and realize related products and services.
For investors, etventure provides access to seed investments in the online and mobile space. Each year, it develops a cohort of business ideas specifically for seed investors, who benefit from the potential of the whole cohort. Through this structured and portfolio-based approach, etventure professionalizes the seed investment space by reducing investment risks for individual investors.
etventure was founded in 2010. As of 2014, it is active in Berlin, Hamburg, Munich, and Silicon Valley.