Grazia Equity

Grazia Equity is led by its three Managing Partners: Joachim Schoss, Dr. Klaus Ragotzky, and Bernd Schmidt. Schoss, the primary architect of the firm's strategy, brings the entrepreneurial track record from building Scout24, while Ragotzky and Schmidt contribute investment and operational expertise. Investment decisions are made collectively by this core partnership group, with Schoss's personal investment entity, Myrical Ventures, often co-investing alongside the firm.

Grazia Equity sources primarily through the deep entrepreneurial network of its founder and partners within the German-speaking European technology ecosystem. Joachim Schoss's history with Scout24 and subsequent technology ventures provides access to founders, early employees, and technical talent across the Stuttgart, Munich, and Berlin startup corridors. The firm does not operate a marketing-heavy origination model; it relies on repeat founder referrals and co-investor relationships with specialist European venture firms.

Grazia Equity operates as an asset manager with a single-family-office DNA. The capital base originates primarily from Joachim Schoss's entrepreneurial exits, giving it the structural independence of a family office. However, the firm functions with the discipline and external-facing posture of a venture capital manager, leading rounds, taking board seats, and co-investing with institutional venture funds. It does not serve external limited partners in a traditional fund structure.

Grazia Equity focuses on seed and early-stage investments, often serving as the first institutional backer for technology startups. The firm holds positions through early growth and occasionally participates in follow-on rounds. Because its capital is not constrained by standard venture fund deadlines, Grazia Equity can hold investments well beyond the typical 7- to 10-year liquidity horizon of institutional venture funds.

Grazia Equity predominately executes direct equity investments in portfolio companies, typically taking board representation. The firm is not known as a fund-of-funds allocator or LP in third-party venture funds. Its co-investments are structured deal-by-deal alongside like-minded European and international venture firms, rather than through blind-pool commitments.

The capital base traces to Joachim Schoss's entrepreneurial success with Scout24, the digital marketplace group that includes AutoScout24 and ImmobilienScout24. Schoss's exit from the business provided both the financial resources and the operational credibility that underpin Grazia Equity. He also invests through Myrical Ventures, a parallel personal investment vehicle, in alignment with the firm's deals.

Grazia Equity actively co-invests with external venture capital firms, particularly in seed and Series A rounds where its operational experience adds value to syndicate construction. The firm does not require lead-investor rights on every deal and has co-invested alongside both German specialist funds and US-based venture investors in cross-border rounds, as in the case of Celonis during its early funding stages.