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Flash Ventures
Flash Ventures is a private equity investment firm based in Berlin, Germany. It focuses on private equity investments.
Flash Ventures
Flash Ventures is a private equity investment firm based in Berlin, Germany. It focuses on private equity investments.
General information
Firm type
Venture Capital
Year founded
2013
AUM
Undisclosed
Location
Region
Europe
Country
Germany
City
Berlin
Corporate office
Berlin, Germany
Principals
Christian Reber
General Partner
Jonathan Ben-Tovim
General Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Flash Ventures?
General Partners Christian Reber and Jonathan Ben-Tovim lead all investment decisions. Reber is best known as the founder of Wunderlist, the productivity app acquired by Microsoft in 2015. Ben-Tovim brings institutional venture experience from his prior roles, including at Atomico. The partnership operates without a large investment committee, consistent with its emphasis on founder proximity and decision speed.
How does Flash Ventures source proprietary deal flow?
Flash sources through two distinct channels: its internal venture studio, which originates and incubates companies before they formally launch, and a high-volume external pipeline that evaluates thousands of early-stage opportunities annually. The studio arm lets Flash shape founding teams and product direction before any outside investor sees the deal. The external channel relies on the partners' personal networks across the European and US technical founder communities.
Is Flash Ventures structured as a venture studio or a traditional seed fund?
Flash operates as a hybrid of both. The firm maintains a venture studio that creates companies internally, recruiting founding teams and developing product concepts in-house. Alongside this, Flash runs a conventional seed fund that writes first checks into external startups. This dual structure is unusual among European early-stage managers and gives Flash two independent sourcing funnels.
What investment stages does Flash Ventures target?
Flash targets pre-seed and seed rounds, writing initial checks typically between $200,000 and $2 million. The firm is often among the first institutional capital into a company. Flash does not operate growth-stage or late-stage vehicles, staying deliberately focused on the earliest phase of company formation.
Which geographies does Flash Ventures invest in?
Flash invests across Europe, the United States, and Latin America. While headquartered in Berlin, the firm's deal flow is intentionally global, with a particular concentration in major European tech hubs and select US markets. Latin America represents a smaller but active portion of the portfolio.
Does Flash Ventures participate in fund commitments or only direct deals?
Flash runs a direct-investment model and does not commit capital to third-party venture funds as a limited partner. The firm occasionally syndicates deals with co-investors drawn from its network of operators, angels, and other early-stage funds, but the primary vehicle is always a direct equity position.
How is Flash Ventures related to Christian Reber's other ventures?
Christian Reber co-founded Flash Ventures after his exit from Wunderlist, which Microsoft acquired in 2015. Reber has also launched other ventures including Pitch, a presentation software company. Flash operates independently of these entities, though Reber's operator experience and network feed directly into Flash's studio model and deal flow.
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