SM Capital

Value Proposition

SM Capital stands at the forefront of Advisory services in Venture Funds and Fintech investments, boasting a remarkable track record with two recently managed funds and a history of elevating start-ups on a global scale.

Operating within the dynamic realm of Venture Capital, SM Capital specializes in the most prolific unicorn-producing market, forming strategic partnerships with top-tier funds. The company’s unique approach combines a fund-of-funds strategy with acute business acumen, skilfully mitigating risks, adeptly navigating through market fluctuations, and capitalizing on the high returns synonymous with leading venture capital investments. Focused on early-stage ventures through to Series A, SM Capital places a strong emphasis on the fintech sector.

With a combined experience of over two decades in Fintech and Venture Capital investments, the SM Capital team brings unparalleled expertise, honed through engagements with prominent funds and key Silicon Valley players. Their extensive career spans have enabled them to establish a formidable global network, creating synergies with leading VC funds and influential entrepreneurs worldwide.

Key People

Stiven Muccioli

CEO & Founder

Tech entrepreneur. Co-founder and CEO of BKN301, and SM Capital.

2X Exit: Tippest (e-commerce) and Ventis (Fintech Super App).

Raised +€100M from institutional investors and funds.

Angel investor in Tier 1 startups: SpaceX, NuBank, Palantir, Realty Mogul

Alumni at INSEAD.

Charlie Jadallah

Partner

Entrepreneur and experienced international and business development manager, based in USA.

Partner at Darwin Ventures.

Founder and former Executive Vice President for Merchant e-Solutions an end-to-end payment solutions acquired by Cielo in 2012 for $670 million.

Former Director at Oracle and early Netscape Communications employee.

Luca Bertozzi

Partner

Fintech entrepreneur. Co-founder and CFO of BKN301.

Co-founder and former CFO of Ventis, a fintech company Italy with +6 mill customer base.

More than 20 years in the Fintech and VC industry.

CPA and alumni at Columbia Business School.

Transaction History

Funds’ Performance KPI (Selection)

SM Capital Funds

Fund Name Vintage Size Net TVPI
SMC 1 2022 € 6,5 m 1,90x
SMC 2 2022 € 5,8 m 1,79x

Partner Funds

Fund Name Vintage Size Net TVPI
Founders Fund
FF II
2007 € 211 m 28,9x
Founders Fund
FF III
2010 € 200 m 13,4x
Founders Fund
FF VI
2016 € 1,100 m 5,1x
Spark Capital
Spark II
2008 € 365 m 6,7x
Spark Capital
Spark III
2011 € 360 m 4,5x
Spark Capital
Spark Growth I
2014 € 382 m 3,5x
True Ventures
TV II
2008 € 208,4 m 5,2x
True Ventures
TV III
2011 € 221,9 m 7,29x
True Ventures
TV Select II
2017 € 111,7 m 3,4x