henQ Capital

What is henQ Capital?

henQ Capital is a venture capital fund specializing in B2B software startups. They offer investment tickets ranging from 1M to 10M euros and focus on backing the best European founders who stand out in their field.

They commit to the 'odd ones out,' valuing businesses that might be considered unconventional—whether that's due to operating in markets perceived as dull, employing atypical business models, or founders exhibiting a passion that verges on an obsession. henQ eschews the 'spray and pray' approach, opting instead for deep commitment and selective investment, aiming to invest in only three companies per year to ensure a high level of support.Before investing, henQ engages in meaningful conversations with founders about their business, relying on the operational documents and metrics they use rather than insisting on investor-friendly presentations.

They promise a quick process from the first meeting to the signing of the term sheet, emphasizing stability in their pace regardless of market changes.After investment, henQ acts as a deeply committed shareholder, preferring not to push for undue influence but rather to let the founders run their business as they see fit.

Their support extends to hiring, fundraising, and target setting. Statistics show that henQ-backed companies tend to use less funding and experience less dilution to grow their annual net revenue to 10M euros than average VC-backed businesses.

They encourage building sustainable businesses that may not require additional VC funding; however, if a follow-on round is desired, a henQ portfolio company has a significantly higher chance of securing one compared to the market average.henQ maintains a non-competitive clause, never investing in companies that compete with one already in their portfolio, thereby focusing on supporting each unique venture without conflict of interest.

They have a diverse portfolio across various sectors within B2B software, including influencer management, customer data and campaign management, restaurant marketing, hospitality, e-commerce, and more.The henQ team is made up of partners and principals, each bringing their unique expertise to the fund, further supporting their portfolio companies in realizing their full potential.