Bek Ventures

UiPath’s success was not a surprise for us. As the company’s first investors, we saw the potential in founder Daniel Dines' vision and his passion for the product from the start. Our managing partner Cem Sertoglu sat down recently with Daniel to talk about the power of iteration, founder mode, and staying close to your product even when you’re the CEO of a multibillion-dollar company. A few key insights from the man who led Europe’s biggest-ever tech IPO and revolutionized AI-powered automation: “You start with a simple problem. You iterate…If you look too distant into the future, you risk either overengineering or creating too big of a structure.” "A sales motion can break a company, but cannot make a company." From the start, VCs heavily overlooked UiPath. Today, the company stands as a testament to the power of persistence and belief in your vision. Read more in the comments: 👇

PitchBook has ranked Bek Ventures 1st in Europe and 3rd globally in its 2025 Global Manager Performance Score League Tables for Venture Capital. What we find most interesting is what the score measures: consistency across a firm's funds over time, not a single breakout result. In an industry quick to celebrate outliers, it's a ranking that rewards the quieter work of repeating performance. Focus and discipline. We stay deliberately selective in the number of founders we back, the funds we raise, and the people we work with. That discipline means the same care can be repeated. Consistency is a product of design, not luck. The score carries our name. The performance belongs to our founders. Full league tables at the link in the comments.

The real startup scarcity isn't funding - it's founder time! Most founders cite the CEO office as one of the highest ROI investments that multiplies their focus and time, making the business move forward and directing the founder’s time to the decisions no one else can make. That's what a well-run CEO office delivers but unlocking that potential doesn’t end with the decision to build one. Building a CEO office comes down to three things: • 𝗳𝗶𝗻𝗱𝗶𝗻𝗴 𝘁𝗵𝗲 𝗿𝗶𝗴𝗵𝘁 𝗵𝗶𝗿𝗲 𝘄𝗶𝘁𝗵 𝗰𝗵𝗲𝗺𝗶𝘀𝘁𝗿𝘆 and potential • 𝗼𝗻𝗯𝗼𝗮𝗿𝗱𝗶𝗻𝗴 𝘁𝗵𝗲𝗺 𝗱𝗲𝗲𝗽𝗹𝘆 (this is where most founders underinvest) • 𝘁𝗵𝗶𝗻𝗸𝗶𝗻𝗴 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿𝗺 about how the role evolves as you scale. As Brandon Deer, who started in the CEO office at UiPath and is now Chief Operations & Strategy Officer, puts it: "A chief of staff is going to be, interpersonally, the closest to the CEO. This means the relationship hinges on chemistry and trust." And Egem Eraslan of Midas was candid about what real onboarding requires: "I spent more time with them than anyone else at that period of my life, including my family." That's the foundation. Your CEO office becomes: not an assistant, not a fixer, but a genuine extension of how you think and lead. Read more in the comments 👇

We are proud to back Capsa AI, today announcing $18M in Series A funding. Danyal and Callum are building the AI operating system for private capital. The team built Capsa AI because they lived the problem firsthand: Danyal spent seven years inside PE and investment banking, participating in more than 50 due diligence processes at AEA Investors, Citi, and Deutsche Bank. That experience revealed a universal problem: decades of institutional knowledge locked away across emails, memos, and spreadsheets, which Capsa AI is now turning into something teams can actually use. 14x year-on-year ARR growth. 100% customer renewal rate. 122% net dollar retention. Capsa AI’s weekly active usage sits at 70% and daily active usage at 40%, consumer-grade engagement for an enterprise B2B platform. Congratulations to Danyal, Callum, and the whole Capsa AI team. Full details in the comments👇

viktor.com is today announcing a $75M Series A led by Accel. As backers of Fryd and Peter since pre-seed, we are proud to see the company hit $15M annualized revenue run rate with 2,000+ customers onboarded. Viktor is cutting through the AI hype, with their AI coworker that actually does the work for you. Living in Slack and Microsoft Teams, Viktor executes actual work across tools autonomously, reliably and with persistent memory. Bringing their global mindset from day one and the technical depth to back it up. This wasn't by luck; a stellar team iterating fast and relentlessly. Congratulations to Fryderyk, Peter, and the whole team. Full details from Fortune in the comments 👇 Mehmet Arda

The real startup scarcity isn't funding - it's founder time! And the highest-ROI investment you can make as a founder? It's investing in a dedicated function that multiplies that time and focus. That's what a CEO office does and it's what the best early-stage founders are building before they need it. Imagine having the bandwidth to: 📋 Always follow up with your direct reports - nothing slips through the cracks 🧭 Know with confidence that every area of your business is moving in line with company’s direction 📅 Think quarter to quarter, not just day to day A CEO office is an extension of your agenda and sets goals for the company. Think of it like becoming an octopus: more reach, same brain. They set objectives for projects, identify data gaps, bring strategic thinking across teams, and follow up on actions so you can stay focused on what only you can do. As Midas founder Egem Eraslan puts it: "I needed someone to fill the gaps. I saw my CEO office as a place that would embody the desired work ethic and culture and instil it in the team." The most valuable resource in your startup isn't funding - it's your time and focus. A CEO office is the lever that allows you to multiply that resource. Don't wait until you're overwhelmed. Consider this investment early. Read more about why establishing a CEO office early is the key to unlocking your 10x potential in the comments 👇