plocca

plocca

Plocca was formed in 2020 by Thomas Dübendorfer, a former Google and Swisscom security architect turned angel investor, and David Senn, a software entrepreneur and early-stage backer. The Zurich-based multi-family office emerged from the pair's overlapping deal flow and a shared conviction that Swiss and European tech founders exiting their first companies needed a investment vehicle that spoke their language—one built by operators, not wealth managers. Unlike most Swiss multi-family offices that trace their roots to private banking, Plocca's founding team brought a decade of direct angel investing and startup operating experience. This shapes the firm's identity as a technology-first, rather than finance-first, allocator. The firm runs a concentrated equity strategy focused on pre-seed through Series A rounds across Europe, with deal sizes typically between CHF 250,000 and CHF 2 million. Its allocation mix spans enterprise SaaS, fintech infrastructure, and applied AI. Confirmed portfolio companies include Ledgy, the Zurich-based equity management platform (per the firm's official communications, 2021) and Yokoy, the AI-driven spend management company (per TechCrunch, 2022). Plocca also participates selectively in follow-on rounds and has co-invested alongside funds such as Speedinvest and Sequoia through SPV structures. The geographic emphasis remains Switzerland, Germany, and the Nordics, reflecting the firm's view that these markets remain under-allocated by pan-European venture funds chasing larger deal sizes in London and Paris. Plocca operates as a lean partnership with under 15 professionals, drawing its scale from the aggregated commitments of its member families rather than a single balance sheet. The firm does not disclose aggregate assets, and deployment is measured in deal volume rather than an AUM figure. In practice, the partnership commits approximately CHF 15–25 million annually into 15–20 new positions. August 2024: Co-founder David Senn joined the board of a Zurich-based AI governance startup backed by the firm (per the firm's official communications, August 2024). The office maintains a single location in Zurich and has no disclosed philanthropic vehicle, though individual principals have established donor-advised funds for Swiss educational and environmental causes. The structural differentiator is Plocca's club-deal architecture. The firm is not a pooled fund; each member family participates deal-by-deal through a dedicated investment committee that includes Dübendorfer and Senn alongside rotating family representatives. This gives the partnership the speed of an angel syndicate with the staying power of permanent capital. The governance model, which vests investment authority in the two co-founders as managing partners with a formal advisory council drawn from the member families, solves a common succession problem in operator-led family offices: it institutionalizes decision-making without requiring families to cede control to a third-party manager.