TAUROS Capital

What they fund

• Cheque Size — Subordinated capital (Nachrangkapital) up to €2 million per investment [1].
• Structure — Revenue-based financing where returns are tied to actual revenue performance, avoiding equity transfer [1].

Credibility: The homepage specifies the capital amount and the revenue-based repayment model [1].

Investment thesis

TAUROS Capital provides revenue-based financing to scale-ups and SMEs in the DACH region, enabling growth without equity dilution or loss of control rights [1]. The firm structures deals as subordinated debt (Nachrangkapital) with returns aligned to the company's actual revenue performance, prioritizing entrepreneurial freedom and partnership-based trust [1]. Investments target scalable business models capable of leveraging capital for significant expansion, with a focus on sustainable economic success driven by operational performance rather than equity exits [1].

Credibility: The firm's homepage explicitly defines its model as "Wachstumsfinanzierung ohne Anteilsabgabe" (growth financing without share transfer) and details the revenue-based structure up to €2M [1].

Value add

TAUROS Capital offers financial structuring advice to ensure companies maintain flexibility for future growth, helping founders identify and address cash flow constraints early [1].

Fit verdict: Ideal for DACH-based growth companies that prioritize founder control and have predictable revenue streams but lack equity liquidity.

Founder diligence script:

• How is the revenue-based return calculated against actual turnover?
• What triggers for repayment acceleration or adjustments exist in the contract?
• How does TAUROS structure the subordinated debt to avoid interfering with daily operations?

Portfolio focus

• Soluto — Received seven-figure follow-on financing for German expansion and franchise network growth [1].

Credibility: Soluto's funding round and use of funds are detailed in the news section of the homepage [1].

Notable investments & exits

• Soluto — A franchise and service network company that received a seven-figure financing from TAUROS Capital in July 2026 (following an initial investment in 2023) to fund expansion into Germany and network development [1].
• IO Insurance Brokers — An insurance brokerage firm that received a six-figure TAUROS Capital participation in February 2026 to finance the acquisition of other insurance brokers, leveraging AI and brand synergy for growth.
• C SEED — An Austrian high-tech manufacturer of weatherproof foldable large-screen displays, which secured TAUROS Capital funding in January 2026 to finance ~30% international revenue growth [1].
• Biogena — A company highlighted for its long-term partnership with TAUROS Capital, where CEO Dr. Albert Schmidbauer notes retaining nearly 100% ownership and avoiding losses since inception.
• Portfolio metrics — As of the latest data, TAUROS Capital manages 2 participation vehicles, has made 25 participations, and has mobilized capital with a 3.6x multiple, leveraging over 30 years of experience [1].

Strategic implications

TAUROS Capital fills a critical gap in the DACH market by offering non-dilutive growth capital to SMEs and scale-ups, a segment often underserved by traditional VCs focused on equity exits.

The revenue-based model aligns incentives perfectly with operational performance, reducing the risk of premature scaling or equity fire sales.

The main risk lies in the firm's reliance on the continued strength of the DACH SME sector; a regional economic downturn could impact repayment capacities across the portfolio.

Where they could go further

Expand the portfolio beyond Soluto to demonstrate the model's scalability across diverse sectors within the DACH region, reducing concentration risk.

Publish more detailed case studies on how revenue-based financing accelerated specific growth milestones, enhancing credibility with financial officers.

Develop a clearer framework for how the firm advises on financial structuring, as this is a key value-add but currently under-communicated.