flectry

Early-stage tech investor · Berlin

We back founders who see things differently and make things happen.

Flectry invests at the earliest stage in technology companies that take a new angle on a big problem. Founded by an operator who spent nine years helping build a company from its first hire to its exit.

Pitch Flectry Read the thesis

Why Flectry

From the Latin flectere : to bend.

A prism takes the same light everyone else sees and sends it somewhere new. That is what great founders do with a market, and it is the moment we want to be there for.

01

See differently

Everyone looks at the same market. The founders we back notice what others walk past.

02

Bend the path

A new angle can change the direction of a whole industry. Small inputs, outsized trajectory.

03

Make it real

Insight is worth little until it ships. We back people who turn ideas into action, fast.

Who we back

Founders with an angle, and the will to act on it.

Independent thinkers

You challenge the consensus because you have looked harder, not to be contrarian.

Curious and ambitious

You keep asking why, and you aim for the version of the company that changes a market.

Exceptional at execution

You ship, learn and ship again. Momentum is visible week to week.

Conviction under pressure

You make the hard decisions, and you own them when it matters most.

Genuinely new

You are building something that did not exist before, not a better copy of what does.

Builders of enduring companies

You care about the team and culture that will still be standing in ten years.

How I help

Capital is the easy part.

I spent nine years on the inside of a company as it grew from a handful of people to an acquisition. This is what I bring to the founders I back.

Building the team

Your first 10, 50 and 100 hires: who to look for, when to hire, and how to keep great people.

Structure that scales

Org design, processes and an operating rhythm that grow with you instead of slowing you down.

The hard calls

A sparring partner for the decisions founders lose sleep over: people, priorities, pivots.

From idea to action

A bias to shipping. Turning plans into progress you can see every week.

Portrait of Pablo Penny
Dr. Pablo Penny Operator turned investor Berlin · British, German
LinkedIn X [email protected]

About

I've built the company before. Now I back the people building theirs.

I joined Phiture as its first employee, when it was little more than an idea. Over the next nine years I became its third founder, then Managing Director and Partner, helping grow a Berlin mobile growth consultancy into an internationally recognised firm, through to its sale to Precis Digital.

Along the way I learned what really decides whether a company works: the people you hire, the structure you build around them, and the hard decisions nobody else can make for you. I also hold a doctorate in innovation management, so I have studied how new things win as well as done it.

Flectry is the investor I wanted when we were building: someone who has done the hard parts, tells you the truth, and picks up the phone.

  1. 2026Founder, Flectry · Early-stage tech investing
  2. 2026Phiture acquired by Precis Digital
  3. 2019-2026Managing Director & Partner, Phiture · Third founder
  4. 2017First employee, Phiture · Berlin
  5. 2016Doctorate in innovation management · [University]

What we invest in

Early, focused, quick to decide.

Stage
Pre-seed and seed
Cheque size
€ 10,000+
Focus
Consumer apps
AI-native software
Agentic commerce
Geography
Europe, World

The first cheques are being written now.

Flectry is new. The founders I back first will shape what it becomes, and get my fullest attention.

Be one of the first

Seeing something others don't?

Send a short note: what you're building, why now, and why you. A deck helps but isn't required. I read every email and reply to every founder.

[email protected]