Venture Capital ANDRINBACHMANN| PITON CAPITAL Partner SPEAKER BIO Andrin was a co-founder of Glocalnet, which became Sweden’s 3rd largest consumer telecom service provider and was listed on the Stockholm Stock Exchange before being acquired by Telenor. He was a partner at M/C Venture Partners, one of the leading private equity investors in the US telecom services space. He was also one of two principals establishing an investment company that became QXL Ricardo PLC’s largest shareholder in 2005, and was instrumental in the transformation of QXL leading to its sale to Naspers for around $1.9 billion. HeholdsanMScdegreeinComputerSciencefromtheSwissFederalInstituteof Technology. KEY CORPORATE FACTS& KPIs COMPANY OVERVIEW Headquarters London, UK Piton Capital is a venture capital and growth equity firm based in London. It focuses on investments in online companies with network effects, such as marketplaces and exchanges. Founded 2010 Its founding partners have deep entrepreneurial and investment experience, and have been No of Employees 5 instrumental investors in Betfair and QXL Ricardo, amongst others. Piton’s current portfolio includes Quandoo, BullionVault, DaWanda, videdressing, docplanner, dutycalculator and Active Markets Worldwide FanDuel. Target Segment Online companies with network effects Business Overview Venture capital and growth equity firm Key Investments FanDuel, Quandoo Website pitoncap.com 67
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