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Heartcore Capital

www.heartcore.com

Heartcore invests in early-stage companies from inception to Series A that harness technology to empower people, reimagine work, and protect the planet. They focus on companies leveraging software/internet to bring new categories online, and those building frontier technologies including Web3, metaverse, synthetic biology, and space exploration.

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Investment Thesis

Heartcore’s investment philosophy centers on ‘Investing in Happiness’ - a fundamental belief that technology is a powerful tool for human well-being and potential. Founded in 2007, they adopt a founder-centric approach that contrasts sharply with traditional ‘asset management’ venture capital. They view the entrepreneur as their customer and commit to long-term, trusting relationships from seed stage through IPO, emphasizing empathy for the entrepreneurial journey alongside constructive challenge and support.

What Sets Them Apart

  • Founder-centric approach with exceptional founder NPS and reputation for being 'second to none' in this metric
  • Long-term partnership model extending from pre-seed through IPO, not just transactional investing
  • Remote-first global team with offices in Copenhagen, Berlin, Paris, and Stockholm across Europe
  • Three-pillar thematic focus: Empowering People, Reimagining Work, and Protecting the Planet
  • Strong track record: 100+ portfolio companies, 5 unicorns, 10 'soonicorns', €10 billion+ in enterprise value created
  • Funds consistently rank in top decile or quartile of their vintages with hundreds of millions returned to investors
  • Technology optimism combined with humility and empathy in founder relationships

Portfolio Highlights

Tink

Fintech

Neo4j

Data Analytics

Workday

Productivity

Ethereum

Web3

GetYourGuide

Travel

TravelPerk

Travel

Boozt

Ecommerce

Qualia

Robotics

+ 22 more companies in their portfolio

Investment Team

12 Partners at Heartcore Capital

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