CO

Combination Ventures — Pre-Seed & Seed VC Firm

VC
Profile updated November 2026Website

Combination Ventures is a Pre-Seed, Seed venture capital firm investing in SaaS. The firm has 29 portfolio companies in our records.

Portfolio
29 companies on record
Partners
2 listed
AUM
$2B
Stage
Pre-Seed, Seed
Sectors
SaaS
Check size
Not in our records

Last verified: 2026-11-07

How to approach: warm intro preferred
Stage

Pre-Seed, Seed

AUM

$2.0B

Portfolio

29+ companies

Team

2 partners

Investment Thesis

Early-stage venture firm backing software-enabled commerce and AI-driven product experiences. Its portfolio includes conversational commerce startups, which makes it highly aligned with WhatsApp-native ordering and checkout workflows.

How Combination Ventures invests

Combination Ventures is a vc firm. The firm invests at the Pre-Seed, Seed stages, with a focus on SaaS.

Combination Ventures manages approximately $2B in assets. Our records include 3 funds raised by the firm.

Combination Ventures has backed 29 companies in our records, including knowunity, peecai, cognee.

Partners & Team

MO

Marius Obiegala

Founder

Early Stage
Pre-Seed
Seed

Co-founder of Combination Ventures, an early stage VC in Europe. Founded the firm alongside Johannes Sass, with a founder-first approach to investing.

JS

Johannes Sass

Founder

Early Stage
Pre-Seed
Seed

Co-founder of Combination Ventures, an early stage VC in Europe. Founded the firm alongside Marius Obiegala, with a founder-first approach to investing.

Industry Focus

Invests In

SaaS

Funds

Combination Ventures Fund III

$200M2023
actively investing

Combination Ventures Fund II

$150M2018
fully deployed

Combination Ventures Fund I

$100M2015
fully deployed

Recent Activity

Raised Combination Ventures Fund III ($200M)

2023 · fund records

Raised Combination Ventures Fund II ($150M)

2018 · fund records

Raised Combination Ventures Fund I ($100M)

2015 · fund records

Portfolio Companies (29)

Other

KN

knowunity

PE

peecai

Peec AI makes brands visible in AI chats

CO

cognee

Cognee AI is building a memory engine for AI apps and AI agents

AL

almetra

Almetra automates manufacturing and assembly using AI

LA

lap coffee

LAP Coffee is everyday coffee culture

RO

roofline

Roofline AI is redefining edge AI deployment

AH

ahead

Ahead makes snacks without a bad conscience

AL

along

Along is reinventing how companies negotiate deals

CI

circus

Circus is disrupting the global food industry with AI and robotics

PL

planted

Planted makes climate action tangible

How to pitch Combination Ventures
  • •Raising at Pre-Seed, Seed? You're squarely in their sweet spot.
  • •Lead with your fit in SaaS — the sectors they actively back.
  • •warm intro preferred
  • •Address your outreach to a specific partner, such as Marius Obiegala, Founder.
  • •A warm introduction beats a cold email. Get matched and request an intro.

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