InReach Ventures: Embracing the Next Chapter
Fund II, Amanda's promotion to GP, and the next phase of InReach, doubling down on world-class technology to scale across Europe.
When InReach Ventures was founded, we pursued an ambitious goal: to revolutionize the venture capital landscape by leveraging cutting-edge technology, particularly data and artificial intelligence, to discover investment opportunities across Europe.
We’ve now demonstrated the viability of this approach. The majority of investments at InReach Ventures have been sourced through our unique technology platform (code name DIG). Not through warm introductions. Not through conferences. Through software the team built and continues to build every day.
Fund II and Leadership Expansion
InReach has launched Fund II and is preparing a second closing.
I’m also delighted to announce that we’ve promoted Amanda Jones Floyd, who joined four years earlier, to General Partner. Amanda brings operational experience from major tech companies including Spotify, Apple, and Google, and positions her to support portfolio companies hands-on rather than serving as a distant advisor.
Investment Strategy Evolution
We maintain our focus on pre-product-market-fit companies led by committed founders. However, we’re intentionally contrarian in pursuing consumer-focused applications alongside B2B investments, particularly those leveraging artificial intelligence.
Past successes at Balderton included Depop, Wooga, and Vivino, early recognition of transformative consumer trends like social commerce informed these investments. AI will similarly reshape the next generation of consumer products, and we want to be the first institutional investor backing the founders building them.
Technology and Organizational Structure
InReach plans to deepen investment in its proprietary DIG platform. We aspire to build a GP-first firm, one that can scale across Europe by doubling down on world-class technology rather than junior analysts and associates, drawing inspiration from Benchmark’s U.S. model.
This is the next chapter. Thank you to our LPs, our portfolio founders, and the team for making it possible.
