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Iris Ostermaier is new Venture Partner at Target Partners

Consumer Business Expert strengthens team at Tech Venture Capital Investor

Munich, June 20, 2017: Munich-based Venture Capital firm Target Partners (www.targetpartners.de) strengthens its team, winning Iris Ostermaier (https://www.linkedin.com/in/iris-ostermaier-467b5045) as the first female Venture Partner for its start-up network.

Ostermaier has been CEO of former Target Partners portfolio company 1-2-3.tv for the past six years (sold in November 2016). Prior to that she was CFO at Entertainment Shopping AG, which runs the online auction platform Swoopo, and at Euvia Media (sonnenklar.TV, 9Live).

“I’ve come to know and value Target Partners in our long-term relationship with them as a venture capital investor. I am delighted to continue our relationship in this new form,” said Iris Ostermaier, new Venture Partner at Target Partners.

“Iris is a top manager who has developed 1-2-3.tv from a TV shopping channel into a successful multichannel trading platform with a strong online and mobile footprint. With her deep understanding of trading and e-commerce, Iris will enable us to gain new perspectives into founding teams and technologies in all types of consumer businesses,” stated Berthold von Freyberg, Partner at Target Partners.

Images

Images are available at www.sprachperlen.de/tp-iris-ostermaier.

About Target Partners

With €300 million under management, Target Partners is one of the leading early-stage venture capital firms in Germany. Target Partners invests in new start-up and early-stage companies and supports them with venture capital during their build-out and expansion phases. With many years of experience as managers, entrepreneurs and venture capitalists, the team at Target Partners supports entrepreneurs in developing and marketing products and services, building organizations, raising money and taking companies public in Europe and the United States.

For more details: www.targetpartners.de, follow us on Twitter: twitter.com/targetpartners or Facebook: facebook.com/targetpartners.

Press contact Target Partners

Sprachperlen GmbH Agency for enterprise communication Helena Pröpster Ehrengutstraße 5, 80469 München Tel.: +49 89 411 53 199 E-Mail: targetpartners@sprachperlen.de

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