Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Heartcore Capital

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 188
Average round size
info
The average size of a deal this fund participated in
$18M
Portfolio companies 90
Rounds per year 11.06
Lead investments 32
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.52
Exits 15
Key employees 8
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Software
  • Machine Learning
  • Artificial Intelligence
  • Analytics
  • FinTech
Summary

In 2007 was created Heartcore Capital, which is appeared as VC. The fund was located in Europe if to be more exact in Denmark. The main department of described VC is located in the Copenhagen.

Among the most popular fund investment industries, there are Analytics, SaaS. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight GetYourGuide, Neo4j, RFRSH Entertainment. For fund there is a match between the location of its establishment and the land of its numerous investments - Denmark. The fund has no specific favorite in a number of founders of portfolio startups. If startup sums 5+ of the founder, the chance for it to be financed is low.

Besides them, we counted 8 critical employees of this fund in our database.

Considering the real fund results, this VC is 5 percentage points more often commits exit comparing to other organizations. Comparing to the other companies, this Heartcore Capital performs on 19 percentage points less the average number of lead investments. Deals in the range of 10 - 50 millions dollars are the general things for fund. The increased amount of exits for fund were in 2016. The fund is constantly included in 7-12 investment rounds annually. The important activity for fund was in 2016. Despite it in 2019 the fund had an activity. The average startup value when the investment from Heartcore Capital is 100-500 millions dollars.

The usual cause for the fund is to invest in rounds with 3-4 partakers. Despite the Heartcore Capital, startups are often financed by Spark Capital, SEED Capital, PreSeed Ventures. The meaningful sponsors for the fund in investment in the same round are e.ventures, Global Founders Capital, Creandum. In the next rounds fund is usually obtained by Conor Venture Partners, Spark Capital, Eight Roads Ventures.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Heartcore Capital:
Typical Co-investors
Heartcore Capital is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Heartcore Capital:

Funds with similar focus

Funds from Denmark
Funds with similar focus located in Denmark:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

CarbonPool

Environmental Consulting
Insurance
$11M29 Jan 2024 Zürich, Zurich, Switzerland

Quesma

$2M19 Dec 2023 Warsaw, Mazowieckie, Poland

Rhinestone

Blockchain
Software Engineering
$1M07 Dec 2023 -

Panoptic

Finance
FinTech
Information Technology
Software
$7M20 Nov 2023 Brookline, Massachusetts, United States

Nūmi

Biotechnology
Personal Health
Women's
$3M08 Nov 2023 Suresnes, Ile-de-France, France

Finematter

$3M26 Sep 2023 Denmark, Capital Region of Denmark, Denmark

Likeminded

Health Care
$6M30 Jun 2023 Berlin, Berlin, Germany

MAJORITY

Apps
Banking
Financial Services
FinTech
Mobile Payments
$9M14 Jun 2023 Houston, Texas, United States

Quell

Fitness
Gaming
Information Technology
$10M20 Feb 2023 London, England, United Kingdom
News
MAJORITY raises $19 million for its mobile banking service for migrants

– MAJORITY, a mobile banking service, raised $19m in its seed funding.
– The round was led by Valar Ventures while Avid Ventures, Heartcore Capital and several prominent Nordic fintech unicorn founders participated in it.
– The two-year-old startup operates an eponymous mobile banking service.
– MAJORITY, whose name is a play on bringing financial inclusion to more people, runs a subscription service where it charges $5 a month to individuals and provides them with a range of financial services, including an FDIC-insured bank account with early direct deposit at no overdraft fee, a debit card, mobile credit and at-cost international phone calls.

Taster grabs $37 million for its native online restaurants

– Taster has raised a $37m Series B funding round.
– The round was led by Octopus Venture, Battery Ventures, Latitude (LocalGlobe), HeartCore, Rakuten, GFC and Founders Future.
– The company operates dozens of restaurants that only exist on food delivery platforms.
– You can’t book a table — there is no table.
– Taster has been focusing on five street food-inspired concepts so far — Bian Dang (Taiwanese food), A Burgers (plant-based burgers), Mission Saigon (Vietnamese food), Out Fry (Korean food) and Stacksando (Japanese street food).
– After that, Taster has opened dozens of kitchens across 40 different cities and listed its kitchens on food delivery platforms such as Deliveroo and Uber Eats.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Heartcore Capital?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 188
Average round size 18M
Rounds per year 11.06
Peak activity year 2021
Lead investments 32
Follow on index 0.52
Exits 15
Group Appearance index 0.87

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

CarbonPool

Environmental Consulting
Insurance
$11M29 Jan 2024 Zürich, Zurich, Switzerland

Quesma

$2M19 Dec 2023 Warsaw, Mazowieckie, Poland

Rhinestone

Blockchain
Software Engineering
$1M07 Dec 2023 -

Panoptic

Finance
FinTech
Information Technology
Software
$7M20 Nov 2023 Brookline, Massachusetts, United States

Nūmi

Biotechnology
Personal Health
Women's
$3M08 Nov 2023 Suresnes, Ile-de-France, France

Finematter

$3M26 Sep 2023 Denmark, Capital Region of Denmark, Denmark

Likeminded

Health Care
$6M30 Jun 2023 Berlin, Berlin, Germany

MAJORITY

Apps
Banking
Financial Services
FinTech
Mobile Payments
$9M14 Jun 2023 Houston, Texas, United States

Quell

Fitness
Gaming
Information Technology
$10M20 Feb 2023 London, England, United Kingdom
Crunchbase icon

Content report

The following text will be sent to our editors: