Introducing Heartcore Capital

For 12 years now, we have operated as Sunstone Technology Ventures under the joint brand Sunstone Capital with our friends from Sunstone Life Science Ventures.

Over the last decade, we have poured our heart and soul into helping founders build European technology businesses from the ground up. We’ve gone from seed to NASDAQ IPO (Boozt), from small Hungarian software team to Silicon Valley-based SaaS leader (Prezi), from Series A to fastest-growing travel marketplace in Europe (GetYourGuide). And we’ve had our share of f̶a̶i̶l̶u̶r̶e̶s̶  opportunities to grow.

Since launch in 2007, we’ve raised four funds totalling €350 million in assets under management. And we’ve helped create over €3.8 billion in enterprise value for our founders, co-shareholders, and limited partners.

Over the last decade, the European tech industry has come of age, and so have we at Sunstone Technology Ventures. It became time for us to sharpen our positioning, narrow our focus, and be clear about what we stand for.

And so, after operating for 12 years as Sunstone Technology Ventures, today we are becoming Heartcore Capital. 

Heartcore is a "consumer-only" venture capital firm. We invest 100% in B2C, though that includes marketplaces with a consumer angle as well as consumer productivity software (e.g. Dropbox, but not Salesforce). We've posted our short-form investment thesis on Medium, so you can read it there.

On ne voit bien qu'avec le coeur; l'essentiel est invisible pour les yeux. - Antoine de Saint-Exupery

We're also doubling our partnership in size, from three to six. Previously, Jimmy Fussing and Christian Jepsen were in Copenhagen, and I was in Berlin. 

Levin Bunz joined us in January in Berlin from GFC, Rocket's $1 billion investment arm. I've been working with Levin on Memorado/HeyJobs for the last few years and I'm so thrilled to see him on a daily basis now.

Yacine Ghalim, whom we hired from Goldman Sachs in 2013 as an associate, has been promoted from principal to Partner (go, Yacine!). He heads our new Paris office, where we also added Yohan Pereira as an analyst. Yohan joins us from First Minute in London.

We're also delighted to welcome Signe Marie Sveinbjoernsson as our new Partner & Chief Operating Officer. Signe will head operations from our Copenhagen HQ and be in charge of everything from transaction execution to compliance. She's a former M&A Lawyer and ran operations for Total, the oil company, in Kenya (so cool). 

I'm going to write a lot more about Heartcore over the next few days. For now I feel the happy exhaustion of the new parent... welcome, Heartcore!

Heartcore is on Twitter, Medium, Facebook, and LinkedInFollow your heart :)