Connected Capital
Connected Capital is an Amsterdam-based venture capital and private equity firm founded in 2017 that invests in European B2B software and software-enabled services companies in scaling mode, partnering with proven teams to provide strategic capital and consolidation support.
- Company typePrivate
- Founded2017
- HeadquartersAmsterdam, Netherlands
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Connected Capital does
Connected Capital is an Amsterdam-based venture capital and private equity firm founded in 2017 that invests in European B2B software and software-enabled services companies. The firm targets established, profitable businesses with proven product-market fit and consolidation potential, partnering with what it describes as "world-class entrepreneurs in scaling mode." Its stated investment criteria emphasize exceptional founding teams, differentiated technology, and the potential for strategic consolidation across the B2B SaaS landscape.
The firm manages at least two fund vehicles — CC&P I and CC&P II — through wholly owned Dutch entities including Connected Capital & Partners Holding B.V., Connected Capital & Partners B.V., and CC&P Growth Fund II Manager B.V. Connected Capital's active portfolio spans 11 companies across verticals including hotel technology (Hotel Tech Group), corporate learning (Rise Up), creative automation (CHILI publish), hybrid events (Brella), cloud hosting (UpCloud), e-commerce intelligence (ChannelSight), interactive web publishing (Foleon), internal communications (Speakap), HR analytics (Orgvue), dynamic pricing (Omnia Retail), and industrial maintenance (SPIT). Two portfolio companies have been exited to strategic and financial acquirers: SurePay (Confirmation of Payee) to Carlyle and OneWelcome (consumer identity) to Thales. In October 2025 the firm acquired Noctua and made an additional investment in SPIT Electrical Mechanics.
The business model is that of a traditional private equity sponsor: Connected Capital earns returns through equity ownership in portfolio companies, generating management fees on committed fund capital and carried interest on realizations. The firm operates with a small team of approximately nine professionals led by four co-founders and managing partners (Wim Haring, Mathijs Robbens, Olaf te Spenke, and Geert van Engelen), supported by partners, investment managers, and analysts. Distribution is direct — through industry networks, referrals, and proprietary deal sourcing — and pricing (i.e., investment terms) is negotiated bilaterally with each portfolio company. The firm is registered with the Dutch Chamber of Commerce (number 82211906) and complies with GDPR/AVG data protection requirements.
Connected Capital firmographics
Firmographics- Name
- Connected Capital
- Legal name
- Connected Capital & Partners Holding B.V.
- Website
- https://connectedcapital.nl
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Connected Capital is an Amsterdam-based venture capital and private equity firm founded in 2017 that invests in European B2B software and software-enabled services companies in scaling mode, partnering with proven teams to provide strategic capital and consolidation support.
- Ownership category
- akta.pro rank
Connected Capital industry classification
Industry- Product category
- Private Equity / Venture Capital
- NAICS
- Other Financial Investment Activities (5239), Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Business Services (B2B) Growth Equity (FSANACAD)
- akta.pro secondary industry
- Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE)
Keywords
Where Connected Capital is headquartered
LocationHeadquarters
- HQ city
- Amsterdam
- HQ country
- Netherlands
- HQ region
- Europe
Offices1 record
Markets served
Connected Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others, Technology or R&D, Marketing or Sales
Revenue model
- Investment Returns: Connected Capital generates returns through equity investments in B2B software companies, typically taking ownership stakes and providing growth capital to scaling companies with proven product-market fit.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Connected Capital product offering
Product offeringCore offering
Connected Capital provides growth capital, strategic guidance, and operational expertise to established, profitable European B2B software and software-enabled services companies with proven product-market fit and consolidation potential. The firm invests through its CC&P I and CC&P II funds, taking equity stakes and partnering with founders in scaling mode to accelerate their trajectory.
Product overview
Connected Capital is a European B2B software investment firm that partners with world-class entrepreneurs in scaling mode. The company provides strategic capital and deep B2B software expertise to portfolio companies. Connected Capital's investment focus spans European B2B software and software-enabled services, targeting exceptional teams with established profitable companies that have proven product-market fit and consolidation potential. The portfolio includes diverse software companies across sectors including hotel management (Hotel Tech Group), corporate learning (Rise Up), creative automation (CHILI publish), event planning (Brella), cloud hosting (UpCloud), e-commerce intelligence (ChannelSight), web publishing (Foleon), internal communication (Speakap), HR analytics (Orgvue), dynamic pricing (Omnia Retail), industrial maintenance services (SPIT), as well as exited investments in confirmation of payee (SurePay to Carlyle) and consumer identity (OneWelcome to Thales).
Differentiator
Problem solved
Functional benefit
Products and services
- CC&P Growth Fund I
- CC&P Growth Fund II
Companies that use Connected Capital
Customer profileSegments1 record
Ideal customer profiles1 record
Connected Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Connected Capital partnerships and signals
Strategic signalScale indicators1 record
Recent moves6 records
Expansion highlights4 records
Connected Capital competitors and assessment
Company assessmentBroad incumbents
- Accel: Long-standing European and US technology investor with extensive B2B SaaS portfolio. Comparable European tech investment focus, though at larger fund scale and broader stage range.
- Insight Partners: Large global software-focused growth investor with significant European B2B SaaS activity. Comparable category fit but operates at materially larger scale and broader geographic footprint.
- Hg Capital: European software and services-focused private equity firm with substantial B2B SaaS holdings. Comparable category and consolidation thesis, though Hg operates at much larger AUM and fund size.
- Eight Roads Ventures: Global growth equity firm with a strong European technology investment franchise, including SaaS. Comparable as a growth-stage European tech investor.
- EQT Ventures: European growth-stage technology investor within the EQT platform, with B2B SaaS exposure. Comparable as a European tech growth investor backed by a broader alternative asset platform.
Direct peers
- Atomico: European technology investment firm founded by Skype's Niklas Zennström, investing across growth stages in European tech including SaaS. Comparable as a European tech-focused growth investor with similar target geography.
- Index Ventures: Major European venture and growth investor with a strong B2B SaaS portfolio. Comparable to Connected Capital in European tech focus, though at much larger scale across multiple funds.
- Dawn Capital: London-based European B2B SaaS specialist growth equity firm targeting bootstrapped and profitable software businesses — the closest direct comparable in geography, stage, and thesis to Connected Capital.
- Notion Capital: European B2B SaaS-focused growth investor that backs SaaS businesses from Series A onward. Highly comparable to Connected Capital in vertical specialization and target company profile.
- Balderton Capital: London-based early-to-growth stage European technology investor with a B2B SaaS focus. Comparable European tech investor targeting similar founder profiles.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Connected Capital compliance and trust
Trust signalCompliance2 records
Connected Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Connected Capital leadership team
Management profileNumber of profiles
Profiles9 records
Connected Capital subsidiaries and ownership
Company hierarchySubsidiaries2 records
Connected Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Connected Capital M&A and investment
M&A and investmentM&A2 records
Investments13 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Connected Capital
What does Connected Capital do?
Connected Capital provides growth capital, strategic guidance, and operational expertise to established, profitable European B2B software and software-enabled services companies with proven product-market fit and consolidation potential. The firm invests through its CC&P I and CC&P II funds, taking equity stakes and partnering with founders in scaling mode to accelerate their trajectory.
Is Connected Capital a public or private company?
Connected Capital is a private company. It is classified as management employee owned and is currently operating.
When was Connected Capital founded?
Connected Capital was founded in 2017. It employs 1 to 10 people.
Where is Connected Capital based?
Connected Capital is headquartered in Amsterdam, Netherlands, in the Europe region.
How does Connected Capital make money?
One revenue line is on record: investment Returns.
Who are Connected Capital's main competitors?
Broad incumbents on record are Accel, Insight Partners, Hg Capital, Eight Roads Ventures and EQT Ventures. Direct peers are Atomico, Index Ventures, Dawn Capital, Notion Capital and Balderton Capital.
Does Connected Capital have an API?
No public API is recorded for Connected Capital.
What industry is Connected Capital in?
Connected Capital's product category is Private Equity / Venture Capital. Its primary akta.pro industry code is FSANACAD, Business Services (B2B) Growth Equity, with a secondary code of BPAHAOAE, Equity Capital Advisory (Private Equity Placements, Growth Capital). Its NAICS code is 5239 and its SIC code is 6282.