Leading early-stage Portuguese VC seeking the biggest opportunities across B2B and consumer tech categories.

Lisbon, Portugal · 12+ investments · 11 portfolio companies

Seed
Early Stage
Pre-Seed
Fintech
SaaS
Headquarters
Lisbon, Portugal
Founded
2010
AUM
$57.0M
Portfolio Companies
11
Total Investments
12
Last Investment
Jun 2025
Geographic Focus
Portugal, Europe, Spain

Investment Thesis

Invests in early-stage B2B and consumer technology companies in Portugal and Iberia, actively seeking outlier opportunities with high growth potential and strong founding teams.

Shilling is a Venture Capital firm based in Lisbon, Portugal. It has made 12 investments, including Coverflex, Bounce and Rely. Focus areas include Fintech and SaaS.

Portfolio11

Co-investors24

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24 co-investors across 33 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×18 · Corporate VC ×4 · Accelerator ×2 · 29 shared rounds

Investment History

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Shilling on Indexed.vc
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