Heartcore Capital
Heartcore Capital is a Copenhagen-based early-stage venture capital firm founded in 2007, investing in European technology founders from inception to Series A through its Venture Fund and a parallel Web3 Fund, with €700M+ AUM and a portfolio of 100+ companies.
- Company typePrivate
- Founded2007
- HeadquartersCopenhagen, Denmark
- Headcount11–50
- GTM typeB2B
- OfferingServices
Heartcore Capital firmographics
Firmographics- Name
- Heartcore Capital
- Legal name
- Heartcore Capital
- Website
- https://heartcore.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Heartcore Capital is a Copenhagen-based early-stage venture capital firm founded in 2007, investing in European technology founders from inception to Series A through its Venture Fund and a parallel Web3 Fund, with €700M+ AUM and a portfolio of 100+ companies.
- Ownership category
- akta.pro rank
Where Heartcore Capital is headquartered
LocationHeadquarters
- HQ city
- Copenhagen
- HQ country
- Denmark
- HQ region
- Europe
Markets served
Heartcore Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Others
Revenue model
- Venture fund management fees and carried interest: Heartcore manages over €700M in assets across multiple fund vehicles (Fund IV, V, VI, Alumni Fund, and Web3 warehouses). As a venture capital firm, revenue is generated via traditional fund economics: management fees on committed/called capital and carried interest on profitable realizations. Over €400M has been returned to LPs to date.
Go-to-market motion1 record
Heartcore Capital product offering
Product offeringCore offering
Heartcore Capital is a venture capital firm that manages multiple fund vehicles to invest in European technology founders from inception through Series A. The firm operates two principal strategies: a core Heartcore Venture Fund backing outlier early-stage companies and a dedicated Heartcore Web3 Fund investing in crypto protocols from idea to liquid tokens, collectively managing over €700M in assets with over €400M returned to LPs.
Product overview
Heartcore Capital operates as a single investment platform expressed through two distinct fund strategies rather than a software product: the core Heartcore Venture Fund (early-stage European venture investments from inception to Series A) and the Heartcore Web3 Fund (protocol investments from idea to liquid tokens). Together these two funds form the firm's overall offering to founders and LPs, with the Venture fund as the primary, longer-standing product and the Web3 fund as a specialist vertical that targets crypto-native opportunities.
Differentiator
Problem solved
Functional benefit
Brands
- Heartcore Web3: Heartcore's dedicated Web3 investment vertical, focused on investing in protocols from idea to liquid tokens, operated via web3.heartcore.com.
Products and services
- Heartcore Venture Fund Heartcore's flagship early-stage venture capital fund that invests in European founders from inception to Series A. The fund manages over €700M in assets, with over €400M returned to LPs, and has backed more than 100 companies, with 65 currently active in the portfolio and over €10B in enterprise value created.
- Heartcore Web3 Fund A dedicated Heartcore fund that invests in Web3 protocols from idea to liquid tokens, operated as a sister strategy to the core Venture fund and accessible via a dedicated web3 subdomain.
Companies that use Heartcore Capital
Customer profileIdeal customer profiles2 records
Heartcore Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Heartcore Capital partnerships and signals
Strategic signalRecent moves6 records
Expansion highlights5 records
Heartcore Capital competitors and assessment
Company assessmentDirect peers
- Northzone: Nordic-origin early-stage VC investing across Europe from seed to Series A. Direct competitor for the same pool of European early-stage founders, with overlapping Nordic/European thesis.
- Index Ventures: Pan-European early-stage venture firm with dual London/San Francisco presence. Comparable in stage focus, founder-led philosophy, and cross-European deployment model to Heartcore's core fund.
- Atomico: London-based early-stage European venture firm founded by a Skype co-founder. Highly comparable to Heartcore in stage focus (seed/Series A), European geographic coverage, and the practice of building a pan-European partner network to source outlier founders.
- Balderton Capital: London-headquartered early-stage European VC investing from seed through Series A. Co-led with Heartcore on Davis's pre-seed, making it a direct peer in stage, geography, and fund size.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Heartcore Capital social profiles
Digital presenceHeartcore Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Heartcore Capital leadership team
Management profileNumber of profiles
Profiles10 records
Heartcore Capital funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Heartcore Capital M&A and investment
M&A and investmentM&A
Investments229 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Heartcore Capital
What does Heartcore Capital do?
Heartcore Capital is a venture capital firm that manages multiple fund vehicles to invest in European technology founders from inception through Series A. The firm operates two principal strategies: a core Heartcore Venture Fund backing outlier early-stage companies and a dedicated Heartcore Web3 Fund investing in crypto protocols from idea to liquid tokens, collectively managing over €700M in assets with over €400M returned to LPs.
Is Heartcore Capital a public or private company?
Heartcore Capital is a private company. It is classified as management employee owned and is currently operating.
When was Heartcore Capital founded?
Heartcore Capital was founded in 2007. It employs 11 to 50 people.
Where is Heartcore Capital based?
Heartcore Capital is headquartered in Copenhagen, Denmark, in the Europe region.
How does Heartcore Capital make money?
One revenue line is on record: venture fund management fees and carried interest.
Who are Heartcore Capital's main competitors?
Direct peers on record are Northzone, Index Ventures, Atomico and Balderton Capital.
Does Heartcore Capital have an API?
No public API is recorded for Heartcore Capital.