Cinco Capital
Also known as Cinco Capital GmbH, cinco capital
Hamburg holding company through which XING founder Lars Hinrichs invests in European and US tech companies and VC funds (DeepL, Prezi, Atomico, Index Ventures).
USEFUL FOR Fund managers raising capital · Co-investors
Hamburg holding company of XING founder Lars Hinrichs. Not to be confused with other firms called Cinco Capital outside Germany.
Family & background
- FAMILY
- Lars Hinrichs
- WEALTH ORIGIN
- Founder of XING (IPO 2006); sold his XING shares to Burda for €48m (2009)
- HEADQUARTERS
- Hamburg, Germany
Investment approach
- SECTORS
- Software & SaaSArtificial IntelligenceFintechMedia & EntertainmentConsumer & E-commerceReal Estate & PropTech
- GEOGRAPHY
- EuropeNorth America
- ROUTES
- Companies (own capital) · Funds (as LP)
- STRATEGIES
- Direct investmentsVenture capitalFunds (as LP)Real estate
- LATEST DEAL
- Impossible Software · Mar 2010
Overview
Cinco Capital GmbH is the Hamburg holding company of Lars Hinrichs, founder of the business network XING. His website says he invests through Cinco Capital in transformational technology companies as an active shareholder, and his biography describes it as 'a private equity fund' investing in European and American tech companies. The investments page lists current holdings such as DeepL, Prezi, Samba TV, xbAV and the Apartimentum smart-home building in Hamburg, stakes in VC funds including Atomico, Index Ventures and btov Partners, and exits including XING, Facebook, Adyen, Supercell and Dropbox. In 2010 deutsche-startups described Cinco Capital as an independent investment firm building a portfolio of holdings in private companies in Europe and the US.
Investment thesis
Invests in companies that solve real, hard problems, are transformational, and add sustainable value in an existing market or create a new market through technology, with Lars Hinrichs acting as an active shareholder.
Holdings & investments (48)
- XingNOTABLESoftware & SaaS · Exited
- FacebookNOTABLEMedia & Entertainment · Exited
- SupercellNOTABLEMedia & Entertainment · Exited
- AdyenNOTABLEFintech · Exited
- DropboxNOTABLESoftware & SaaS · Exited
- Impossible SoftwareMedia & Entertainment · since 2010
- ApartimentumReal Estate & PropTech
- Amobee
- DeepLArtificial Intelligence
- enfore
- FLIP4NEW
- FullContact
- Jam CityMedia & Entertainment
- PreziSoftware & SaaS
- Risk42
- Samba TVMedia & Entertainment
- xbAVFintech
- YieldKitSoftware & SaaS
- AragoArtificial Intelligence
- SGNMedia & Entertainment
- IWA
- HackFwdExited
- Brille24Consumer & E-commerce · Exited
- CliqzExited
- dooExited
- FabConsumer & E-commerce · Exited
- Exited
- InfogramExited
- JamesEditionExited
- mytaxiMobility & Logistics · Exited
- samediHealthTech · Exited
- Exited
- QMilkExited
- CobookExited
- ZyngaMedia & Entertainment · Exited
- Fantasy ShopperExited
- 1AimExited
- politik-digitalExited
- AdConionExited
- Outlander StudiosExited
- SharyPicExited
- DopplrExited
- AristaExited
- ZuoraSoftware & SaaS · Exited
- Funding CircleFintech · Exited
People
- Lars HinrichsFounder and CEO; Managing Director (Vertreten durch) · source
Frequently asked questions
Cinco Capital is a single family office based in Hamburg, Germany.
Cinco Capital invests on behalf of the Lars Hinrichs family (Founder of XING (IPO 2006); sold his XING shares to Burda for €48m (2009)).
Cinco Capital invests its own capital into companies and in third-party funds as an LP. Its stated asset mix includes direct investments, venture capital, funds (as lp) and real estate.
Cinco Capital invests in Software & SaaS, Artificial Intelligence, Fintech, Media & Entertainment, Consumer & E-commerce and Real Estate & PropTech.
Key people at Cinco Capital include Lars Hinrichs (Founder and CEO; Managing Director (Vertreten durch)).
Cinco Capital's holdings and investments include Xing, Facebook, Supercell, Adyen, Dropbox, Apartimentum, Amobee and Atomico, among others.
The most recent publicly reported investment by Cinco Capital is Impossible Software, announced in Mar 2010.