HenQ Capital Partners

What is HenQ Capital Partners?

HenQ Capital Partners is a Venture Capital (VC) fund based in the Netherlands that specializes in early stage and seed investments for B2B software startups across Europe. They pride themselves on being different and back the best European founders, preferring companies that are a bit odd or unusual.

Their investments range from €1M to €10M, and they aim to invest in businesses that others might find too boring due to the market, atypical because of their business model, or those whose founders have an obsessive passion for their work. HenQ Capital Partners eschews the traditional approach of decks and investor-pleasing models, instead choosing to work directly with the documents and metrics that startups use to run their business.

Their goal is to sign term sheets rapidly, within days rather than weeks, maintaining consistency irrespective of the market's pace. After investment, HenQ becomes a deeply committed investor, focusing on a few companies each year to avoid a 'spray and pray' strategy. Portfolio companies are expected to use less funding and dilute less to grow to €10M in annualized net revenue compared to the average VC-backed business.

HenQ supports their companies in hiring, fundraising, and target setting, and they do not push for influence or impose ideas. They are supportive of companies that wish to grow sustainably without further VC funding, but also note that their portfolio companies have a higher-than-average success rate for raising follow-on rounds. HenQ Capital Partners does not invest in competitive markets, ensuring that they support unique propositions and maintain solidarity among their investments.

What they say:

NTA