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The Venture Codex

TIIN Capital

De Boelelaan 7, Amsterdam, Noord-Holland, 1083 HJ, The Netherlands

Overview

TIIN Capital launched its Dutch Security Techfund (DSTF) in december 2018. DSTF is the largest (cybertech) venture capital fund of the Netherlands with a focus on early stage & later-stage companies. TIIN Capital invests in promising and innovative early-stage and later-stage companies in the Netherlands with a focus on IT/software, high-tech and med-tech industries. TIIN Capital has the largest network of informal investors in the Netherlands. TIIN Capital manages 4 funds: TIIN TechFund 1,2 & 3 and TIIN Buy-Out & Growth Fund. The TIIN TechFund 1,2 & 3 funds focus on the software, high-tech and med-tech sectors and provide growth capital to Dutch early-stage businesses and is actively involved in the development and growth of its ventures. TIIN Buy-out & Growth Fund focuses on later-stage IT, software and high tech SME’s. Under its seperate Berk Partners label the Berk III and Berk IV funds are managed. These funds focus on management buy-outs, carve-outs and family business transfers of Dutch SME companies in the more traditional industies.

Total investments
19
Lead investments
11
Investments · 12mo
5
Active investors
7

Sector focus

  • Cyber Security
  • Financial Services
  • FinTech
  • Internet of Things
  • Security
  • Venture Capital
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Investment portfolio

  • Eye Security

    Participated · Series C · Jul 2026

    Eye Security operates the Cyber Guard platform, which pairs round-the-clock human-led threat response with AI-driven detection and integrates with common EDR, cloud security and infrastructure tools. The company emphasises EU-based operations and data storage to address GDPR and NIS2 compliance concerns and to provide a sovereign European alternative to non-European infrastructure. It combines managed detection and response, incident response and threat intelligence with in-house cyber insurance underwriting and an open, partner-first architecture for managed service providers and resellers. Founded in 2020 and headquartered in The Hague, Eye Security has built a customer base of more than a thousand organisations across the BENELUX and DACH regions. The firm plans to use new funding to expand into additional European markets, broaden its product suite via strategic partnerships, develop AI capabilities to assist analysts, and hire across engineering, threat intelligence and customer-facing teams. Eye Security positions its approach as enterprise-grade cybersecurity accessible to growing companies and larger organisations without the typical cost or complexity of building such capabilities internally.

  • Zepo Intelligence

    Participated · Seed · Jan 2026

    Zepo Intelligence offers a comprehensive workspace security platform that merges human risk management with real-time threat detection to counter modern, AI-enabled social-engineering attacks such as deepfakes, voice scams, and multi-channel phishing. The platform lets enterprises simulate realistic attacks, surface employee vulnerabilities, and deliver behavior-based training while tracking readiness through live metrics. By unifying protection across email, messaging, voice, and other channels, Zepo moves beyond traditional point solutions like basic phishing tests and email filters. The company reports fivefold year-over-year revenue growth and uptake by several global enterprises, underscoring strong early market traction. Fresh capital will fund global scaling of its proprietary technology and an aggressive hiring plan focused on data engineering and artificial intelligence talent. Over the next 18 months, Zepo intends to expand its workforce and operations across Europe and the United States. Management positions the company as a leader in advancing agentic social intelligence to strengthen human risk management worldwide.

  • Saporo

    Led · Series A · Dec 2025

    Saporo offers an identity security platform that lets enterprises see their hybrid identity fabric the way attackers do. Leveraging graph databases and graph theory, the software analyzes millions to billions of potential attack paths across on-prem Active Directory, Entra ID, AWS, Okta and other directories, then surfaces the smallest set of changes that delivers the biggest risk reduction. Continuous monitoring enforces segregation of duties and alignment with frameworks such as ANSSI and MITRE so environments don’t drift back into unsafe states. Large customers reportedly eliminate about 80 % of risky paths within the first year, and the startup posts customer retention above 140 %. Adoption is strong in regulated sectors like financial services, healthcare, government, manufacturing and technology. With new capital, Saporo will expand R&D, sales and marketing through 2026, strengthen one-click remediation, and add coverage for Google Workspace/Cloud and GitHub. The company also intends to deepen its footprint in France, Switzerland, Benelux, Germany and Italy while selectively entering the U.S. market.

  • Nymiz

    Led · Equity · Oct 2025

    Nymiz develops a platform that embeds state-of-the-art anonymization and pseudonymization directly into corporate data architectures, turning privacy from a compliance cost into a strategic asset. The technology allows customers in highly regulated sectors—such as legal, financial services, healthcare, and technology—to unlock data utility while remaining compliant with evolving regulations. With the new capital, Nymiz plans to enhance its product features, strengthen its footprint in key European markets, and begin U.S. expansion in 2026. Management intends these efforts to push the company beyond 70 enterprise customers, validating the platform’s applicability in demanding, real-world environments. The business completed a seed round earlier in 2024, and the latest raise underscores continued investor confidence in its growth trajectory. By positioning privacy as core infrastructure for the data economy, Nymiz aims to become an essential partner for organizations handling sensitive information.

  • StackGuardian

    Led · Series A · Sep 2025

    Founded in 2022, StackGuardian offers a cloud-native platform that standardizes and automates infrastructure provisioning while embedding security and compliance controls by design. The solution uses artificial intelligence to make infrastructure-as-code workflows smarter and more accessible for development, security, and operations teams. Enterprises such as Siemens, RheinEnergie, and Bpost already rely on the product to accelerate innovation without sacrificing governance. With its newly raised capital, the company plans to expand its go-to-market presence across Europe and the United States and invest further in the AI features underpinning its self-service infrastructure offering. The Mechelen-based startup positions itself as a critical layer for organizations seeking both velocity and control in cloud adoption. Although specific revenue figures were not disclosed, the early traction with blue-chip customers signals meaningful commercial momentum. The fresh funding will support team growth, product development, and broader global customer support.

Team