3VC Venture Partners: Introducing Alexander Marktl

Published on Mar 12, 2021

Alex is a natural-born entrepreneur who started ventures before finishing high-school. His specialities include identifying and executing large-scale consumer Internet services with a focus on mobile apps. Alex supports our companies in their growth and marketing strategy.

iTranslate founder Alexander Marktl
Co-Founder and CEO of iTranslate, Alexander Marktl

Why 3VC?

The best investors are successful entrepreneurs themselves. 3VC is an investor that is built by and for entrepreneurs. The people at 3VC understand what it means to build a company from scratch, what the challenges are, and how to help with the right expertise at the right time.

On top of that, they share my vision and ambition that Europe can, will, and must produce not just one, but several Unicorns to remain relevant globally.

What’s the journey that led you to where you are today?

Growing up in an entrepreneurial family, it was always crystal clear for me that I will start companies as a career. I was interested in computers and the Internet very early on and started thinking about software companies at the age of fourteen.

What really kick-started my entrepreneurial career was the advent of the first iPhone. Back then, we - a group of young students - were convinced that the iPhone was going to revolutionise the mobile phone and we jumped on that train instantly, even dropping out of university.

Around that time we started playing around with the idea to create a mobile dictionary and translation app that eventually became iTranslate. In September 2015, Apple COO Jeff Williams presented our app to Apple fans as one of his personal favourites on stage as part of a special event keynote.

Today, iTranslate is one of the biggest mobile apps out of Europe with several hundreds of millions of downloads and millions of active users.

What did you discover on this journey, what are you curious about?

The most amazing technology that I discovered on this journey is AI and machine learning. It is simply astounding what you can achieve with it, in some cases even scary – and it is still in its infancy.

When a new enabling technology like AI pops up, there is no better place to be as an entrepreneur and that is also where I plan to invest a lot of time in the future.

What drives you? What's your outlook?

I love great products. That is what ultimately drives me.

As an advisor, when I see other companies creating great products, I like to jump in and help wherever I can. Be it marketing, design, growth, or strategy. That is what I also do at 3VC.

As an entrepreneur, I simply love to build interesting new stuff and solve challenging problems in the hopes that I can turn it into a scalable product-market fit.

Follow Alex on LinkedIn and X.

About the 3VC Venture Partner Program

We work closely with a selected team of Venture Partners who share our belief in entrepreneurs with big ideas and the determination to drive humanity forward. Venture Partners are renowned entrepreneurs and leaders, complementing our team and supporting our founders on their journey with knowledge, experience, and a valuable network.

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