Investor Profile: Flashpoint Venture Capital — Thesis, Cheque Size & How to Apply

Flashpoint Venture Capital is an international technology investment firm headquartered in London, with offices including New York and Tel Aviv. Founded in 2012, it invests in founders from Europe and the Middle East and North Africa who are building global technology companies, and it now runs three products side by side: venture growth equity, growth debt and direct secondaries.

Investment thesis

Flashpoint's thesis is geographic as much as sectoral. It backs business-to-business software companies founded by entrepreneurs from emerging Europe and Israel, and increasingly from the wider Europe and MENA region, who are building for Western markets.

Sectors and stages

The firm predominantly invests in B2B technology, and is opportunistically open to marketplaces and consumer companies. It says it is agnostic across verticals but likes hospitality, real estate, developer tools, B2B fintech and healthcare. On its venture growth product, it targets companies with at least $3 million in annual revenue and annual recurring revenue from $3 million, with founders showing good initial traction, typically $50,000 to $500,000 in monthly recurring revenue, and business models with a lifetime-value-to-acquisition-cost ratio above 3x.

Fund size and cheque size

Flashpoint's venture growth product writes initial cheques of $1 million to $10 million, following up to $30 million over the life of an investment, and seeks stakes of 5 percent or more. Its VC III fund closed in 2022 at over $100 million in commitments, after a $20 million commitment from Széchenyi Funds, its first institutional limited partner. Its second direct secondary fund was targeting $75 million to $100 million at first close. The firm's total assets under management are described as approximately $600 million on its LinkedIn profile, across nine funds spanning its three products.

Notable portfolio

Flashpoint's funds have invested in more than eighty companies, including Guesty, Chili Piper and Booksy. Its secondary funds have backed Preply, which reached unicorn status in late 2025, and Printify, which reached unicorn status in late 2024. Earlier exits include Shazam, sold to Apple, and Chess.com.

Partners and team

Flashpoint was founded by general partners Alexander Konoplyasty and Michael Szalontay, who still lead the firm, with Szalontay leading the direct secondary strategy. Tony Fedorov, a partner, manages the firm's New York office.

Programmes, perks and support

Flashpoint does not run a conventional accelerator, but it offers founder tools that most venture firms do not. It publishes a valuation tool giving pricing estimates for shares in growth-stage private technology companies,

How to apply for funding

Flashpoint publishes no open pitch form on its venture growth page, so there is no standard application to complete. The practical route is an approach through the contact channels on flashpointvc.com, or a warm introduction from a founder, investor or adviser the team knows. Come with the numbers the firm itself screens for: monthly recurring revenue, revenue scale, churn, and lifetime value against acquisition cost. If you are pre-revenue or pre-product, this is not the right fund; if you have proven traction and a European or MENA founding story, it is a strong fit.