
MCI Capital is a venture capital firm that focuses on investing in early-stage companies across various sectors. They have a strong presence in Central and Eastern Europe, with a team of experienced investors and a robust investment process.
Their investment strategy is centered around identifying high-growth potential companies with a strong team and a solid business model. This approach allows them to provide significant support to their portfolio companies, helping them scale and achieve their goals.
MCI Capital has a diverse portfolio of companies across industries such as fintech, healthtech, and e-commerce. Their investments range from seed to growth stage, with a focus on companies that have the potential to become market leaders.
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About MCI Capital
MCI Capital was founded in 1999, making it one of the most experienced private equity groups in EU-CEE.
The group has a strong focus on digital transformation and has been investing in the digital economy for over two decades.
MCI Capital has a preferred investment size of EUR 25-100 million per project, indicating a focus on substantial and impactful investments.
In 2020, the fund completed exits worth over PLN 1 billion, demonstrating the success of their investment strategy.
Their current portfolio includes 14 active investments across various areas, including e-commerce, fintech, and SaaS.
MCI Capital has invested approximately PLN 2.5 billion in 14 buyout investments, achieving a 27% IRR until 2020.
The group is also committed to investing in clean technologies, with a goal of constituting approximately 20% of their entire portfolio in this area.
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Portfolio
MCI Capital has a diverse portfolio of investments, with a preferred size of EUR 25-100M in a single project.
They currently hold shares in 11 portfolio companies and aim to carry out 2-3 investments per year, including those in the area of green transformation/climatech.
MCI Capital has a total of 82 investments under its belt, with their latest investment being in PHH Group as part of their Seed on September 13, 2023.
Portfolio Update
MCI currently holds shares in 11 portfolio companies.
Their investment strategy involves making preferred investments of EUR 25-100M in a single project.
MCI intends to carry out 2-3 investments per year, including those in the area of green transformation/climatech.
In total, MCI Capital has made 82 investments.
Their latest investment was in PHH Group as part of their Seed on September 13, 2023.
Portfolio Exits
MCI Capital has had a significant number of portfolio exits, with a total of 30 reported exits.
Their latest portfolio exit was Getton on August 15, 2025.
Financial Data
MCI Capital's financial data shows a significant increase in capital ownership over the years. By 2013, the capital ownership had reached 763.402 thousand PLN.
The net profit of MCI Capital has fluctuated, but it's interesting to note that in 2012, the net profit was 41.572 thousand PLN. This is a relatively low figure compared to other years.
Here's a breakdown of MCI Capital's financial data over the years:
MCI Capital's total assets have also increased significantly over the years, reaching 2.368.172 thousand PLN by 2023.
Acquisitions
MCI Capital has made a significant number of acquisitions, with a total of 12 companies acquired.
Their latest acquisition was NTFY on November 8, 2024, with a valuation of $XXM.
MCI Capital acquired Focus Telecom on December 6, 2023, with a valuation of $XXM.
They also acquired WEBCON on November 29, 2023, with a valuation of $XXM.
It's worth noting that the exact valuations of their earlier acquisitions are not publicly disclosed, with some listed as "Subscribe to see more".
Here are the details of their acquisitions:
Fund Information
MCI Capital has a total of 7 funds, including MCI CreditVentures FIZ, which was closed on December 31, 2013, with an amount of $4.85M.
One of the funds, MCI EuroVentures FIZ, has a closing date of June 30, 2013, but the fund type and status are not publicly available.
Here is a list of the 7 funds with their respective closing dates:
- MCI CreditVentures FIZ - 12/31/2013
- MCI EuroVentures FIZ - 6/30/2013
- Helix Ventures Partners FIZ - 12/7/2009
- MCI - (no closing date available)
- MCI TechVentures FIZ - (no closing date available)
Fund History
MCI Capital has a total of 7 funds, including MCI CreditVentures FIZ. This fund was closed on December 31, 2013, with an amount of $4.85M.
The fund was initially launched with an unknown fund type. Another fund, MCI EuroVentures FIZ, has a closing date of June 30, 2013, but the fund type and status are not available due to subscription requirements.
MCI EuroVentures FIZ and Helix Ventures Partners FIZ both have a subscription requirement for fund type and status information. MCI and MCI TechVentures FIZ also have subscription requirements for fund type and status.
Here are the fund histories for MCI Capital's 7 funds:
Fundusze
Fundusze are a key component of fund information, and understanding how they work is essential for making informed investment decisions.
Fundusze are typically managed by investment companies or banks, which pool money from various sources to invest in a variety of assets.
The total value of fundusze in Poland is over 200 billion PLN, making it a significant player in the country's financial market.
Fundusze can be divided into two main categories: open-end and closed-end funds.
Business Operations
MCI Capital ASI SA focuses on investments in the digital economy and climate change, with a preferred investment size of 25-100 million euros per project. The fund aims to make 2-3 investments annually and 1-2 exits from investments.
MCI has a significant track record, having completed 111 investment projects and achieved over 90 full exits. This makes MCI the largest PE fund for new technologies in Central Europe.
Webcon & Open New International Chapter
WEBCON & MCI Capital open a new chapter of international expansion, marking a significant milestone in the company's growth.
WEBCON partners with MCI Capital, the leading Digital & ClimaTech Private Equity fund in Central and Eastern Europe.
The partnership is a result of WEBCON's international expansion strategy, which aims to grow its presence in foreign markets and offer its platform to top enterprises in Europe and North America.
MCI Capital has backed over 100 companies since 1998 and has earned more than EUR 1 billion for its funds through successful exits.
The fund invests in the digital economy and climatech, aiming to increase the value of its portfolio companies by helping them achieve their business objectives.
WEBCON has a global presence with offices in Poland, Portugal, and North America, and cooperates with 73 partners who implement solutions on the WEBCON platform.
The company's system serves over 1000 companies across five continents, including Polpharma, Mitsubishi Electric, Tauron, LPP, and Pratt & Whitney Canada.
WEBCON was the only Polish software provider featured in the Forrester Research report “Now Tech: Digital Process Automation”, among 43 leading providers of business process digitization technologies.
Business Activity
MCI Capital ASI SA has a significant presence in the Polish market, with a total value of gross assets under its management reaching approximately PLN 2.74 billion as of September 19, 2024.
The company has a strong track record of investments, having made a total of 111 investments and over 90 divestments throughout its history. Its average annual increase in NAV per share since the start of operations on January 1, 1999, stands at 17 percent.
MCI Capital's internal rate of return on its growth and private equity portfolio is a notable 28.2 percent. This impressive performance has solidified the company's position as a leading player in the private equity market.
The company's investment strategy focuses on five key segments: SaaS and B2B software, e-commerce, direct-to-customer and marketplaces, payments, fintech and insurtech, digital infrastructure, energy and retail digital transformation.
Here are the specific areas where MCI Capital focuses its investments:
- SaaS and B2B software
- e-commerce, direct-to-customer and marketplaces (B2C/B2B)
- payments, fintech and insurtech
- digital infrastructure
- energy and retail digital transformation
MCI Capital's investment approach typically involves recapitalizations from venture capital and private equity funds, carveouts from strategic investors, public-to-private transactions, and founder-owner transitions.
Frequently Asked Questions
Where is the headquarters of MCI Capital?
MCI Capital is based in Warsaw, Poland. Its headquarters is located in Warsaw, Poland.
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