# TIN Capital

TIN Capital is a Private Equity based in Amsterdam, Netherlands.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Amsterdam, Netherlands
- **Region:** Europe
- **Address:** De Boelelaan 7, 1083 HJ Amsterdam, Netherlands
- **Founded:** 1998
- **Assets under management:** Undisclosed
- **Website:** www.tincapital.vc

## Regulatory record

- **Reports private funds:** No

## About

TIN Capital funds (A/B rounds) and supports European cybersecurity companies to become global stars in their category.

## Sectors

- Cybersecurity
- Enterprise Software
- AI/ML
- InsurTech

## Offices

- Wilhelmina van Pruisenweg 104, 2595 AN The Hague, Netherlands

## People

- Michael Lucassen — Managing Partner
- Maarten Derks — Managing Partner
- Kayin Lam — CFO
- Roel Reijnen — Partner
- Reinout vander Meûlen — Partner
- Bart Houlleberghs — Partner

## Questions

### How does TIN Capital source proprietary deal flow?

TIN Capital benefits from a 25-year-old network that began as a club of 1,000 informal investors and now includes family offices, corporates, and institutional LPs. Its second office sits inside The Hague's Security Delta, Europe's largest cybersecurity cluster, putting the team in daily contact with founders, government agencies, and corporate security buyers. The firm also co-invests regularly alongside other European VCs and is an active member of the European Cyber Security Organization.

### Does TIN Capital participate in fund commitments or only direct deals?

TIN Capital (co-)leads direct funding rounds in European startups and scale-ups. The firm's disclosures emphasize direct equity investments rather than fund-of-funds commitments, and it highlights specific co-investors on its website alongside named portfolio companies.

### What investment stages does TIN Capital typically target?

TIN Capital invests from seed through Series C, requiring a proven product-market fit in the company's home market before writing a check. Ticket sizes range from €1 million to €10 million, depending on the stage and capital need.

### Which sectors does TIN Capital explicitly avoid?

Since 2018, TIN Capital has invested exclusively in cybersecurity, IoT security, privacy-enhancing technologies, national and economic security tech, and cyber liability insurtech. It does not allocate to generalist software, consumer internet, or non-security enterprise technology. Earlier legacy portfolio companies in parking tech, medical devices, and shipping automation sit in older vintages and are no longer part of the active strategy.

### What is TIN Capital's known posture on co-investments alongside external GPs?

TIN Capital actively co-invests with other venture capital firms, corporates, and government-backed partners. Its website explicitly lists co-investors and demonstrates a track record of syndicating rounds in its portfolio companies.

### Who runs investment decisions at TIN Capital?

Managing partners Michael Lucassen and Maarten Derks lead the firm, bringing 50 years of combined private equity and venture capital experience. The partnership group includes Roel Reijnen, Reinout vander Meûlen, and Bart Houlleberghs — three exited startup founders — providing operator perspective at the investment-committee level.

## Related profiles

- [Times Yinglong Capital](https://altss.com/profile/times-yinglong-capital)
- [Tiptop Capital](https://altss.com/profile/tiptop-capital)

---

Source record modified: 2026-06-03T20:00:00.000Z

Last verified: not supplied by this public snapshot.

## Sources and provenance

- Organization website as recorded: https://www.tincapital.vc/
Source links do not imply that every field was verified on the page modification date. See [Altss methodology](https://altss.com/methodology).

Canonical page: https://altss.com/profile/tin-capital-fund-management-bv

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology