Value Creation Capital

Value Creation Capital is a private equity firm based in Bilthoven, Netherlands, founded in 2005 by Aldebert Wiersinga, Jos Bourgonje, and Wilfried van Haeren. The firm specializes in investing in growth companies, management buyouts, and management buy-ins, specifically within the information technology sector and high-tech companies. Its investment focus includes software as a service (SaaS), managed services, web services, nanotechnology, cybersecurity software, managed security services, safety management, data analytics, data visualization, and the Internet of Things. Value Creation Capital typically invests between $200,000 and $2 million, primarily in the Benelux region. In addition to financial investments, the firm offers services in development and operations, finance and planning, and management and governance, and also engages in co-investments.

Willem Van den Berg

Managing Partner

Jos Bourgonje

Co-Founder & Managing Partner

Martin van den Oetelaar

Associate

Ronald Wissink

Managing Partner & Owner

52 past transactions

Griffid B.V. provides video and event management system software solutions for digital surveillance management applications. It offers Monitoring Station, a video management software to deploy a digital surveillance system; Monitoring Center, a management software for video verification in alarm centers; Small Business, a video surveillance solution for the SMB market; and Embedded, a plug and play video monitoring system. The company also provides Webserver module, which enables Web-based video without using external components; Monitor Control module, a module to transfer live images to another client; and POS module, which is used to integrate cash registration system in video management software. Its software enables users to view, record, and manage live video network cameras, video servers, and digital video recorders. The company offers its products through a network of distributors. Griffid B.V. was founded in 2002 and is based in Almere, the Netherlands with subsidiaries in the Netherlands and the United States.

Fizyr

Private Placement in 2020
izyr enables the automating of human tasks in logistics using AI. Their deep learning algorithm adds a layer of understanding, bringing autonomous decision making to processes that involve classifying, quality control*, counting, picking and manipulating.
E-bon is an online platform that enables individuals to present web-based gift cards to their loved ones. It was launched by Erwin Zeeuw in April 2011 and its operations are based in Amsterdam, the Netherlands.
Wrangu delivers governance, risk and compliance, and security operations solutions to enterprise clients. It builds solutions based on a structured platform to fit individual client needs. It was founded in 2016 and is based in Amsterdam, North Holland, The Netherlands.

Griffid

Angel Round in 2008
Griffid is a Dutch company founded in 2002. Griffid is a fast growing organization focused on the development of hardware independent open management software for video and events. Griffid has subsidiaries in The Netherlands and the United States supporting a wide partner network of distributors and system integrators. The software platform is developed to offer solutions for the constantly changing customer demands in the security market. The platform is able to support a wide variety of IP camera providers, video servers and Digital Video Recorders (DVR), which makes the software functional in a wide range of applications. Griffid provides a high-end application for alarm control rooms, addressing their need to verify alarms using live video and a SSIM ® application with a convenient dashboard that informs you what action is needed to combat incidents at the earliest possible stage.
NetDialog is the leading provider of network and application visibility. With more than 10 years of experience, NetDialog offers the knowledge and products to efficiently run business-critical applications across IT infrastructures. NetDialog’s flagship product NetX helps enterprises to get complete visibility and control of their business-critical applications across their WANs. Using information from any network device in the infrastructure, it provides an easy-to-use, integrated dashboard with advanced monitoring, analytics and reporting facilities. Based on proven technology, NetX offers CSPs a cost-effective and scalable solution to provide networked application visibility to their customers. NetX’s technology-agnostic architecture enables CSPs to present information from all existing and future network technologies on a single dashboard and provides an evolutionary path from classic network management to dynamic network infrastructures and SD-WANs. NetDialog’s team of network and application performance specialists can help enterprises to understand and manage their IT infrastructure and business-critical applications. With more than 10 years of experience, we are capable of helping enterprises during all phases of the application life cycle.
MMOX B.V. provides cyber threat management services for corporate sector. It provides cyber threat intelligence that enables its customers to identify, understand, deal, and manage cyber threats. The company offers Nucleon which provides instantly usable verified intelligence to block known and unknown attacks such as DDoS, Brute Force, botnets, APTs, phishing, and malware. It also provides darknet data intelligence through Matchlight which provides verified data intelligence for information security and data privacy, incident response, fraud investigation, and regulatory compliance and auditing purposes. The company also offers Kela RaDark that enables law enforcement and military to monitor, search and analyze the darknet and deepweb, for indicators of and intelligence about cyber crime activity. MMOX B.V. is based in The Hague, The Netherlands.
Scalys was founded in 2017 to provide advanced high-performance embedded systems. Scalys is an innovative company in the field of high performance, small form-factor, safety, critical and cost effective embedded systems/modules for the automotive, avionics, consumer, defence, industrial, medical and telecommunication industries.

Libersy

Venture Round in 2008
Libersy's mission is to save small business owners time by handling bookings and payments online. Hair dressers, beauty parlors, physiotherapists, bed & breakfasts, restaurants and sport centers can add a book button or any of the other booking widgets to their website to take online appointments. To directory services and telco's Libersy offers a white label Click-to-book solution (a generic book button to be added to profile pages and business listings) and time based search. Their 'database of available time slots' is open for partners through Libersy's API. Libersy has launched in 2009 with British Telecom under http://btbookitnow.com with BTTradespace and under webhosting solutions http://business.bt.com/broadband-and-internet/business-applications/book-it-now. Libersy has launched in September 2009 under ilocalbookings.nl in the Netherlands, where now 16.000 companies are bookable through ilocal.nl (a Tomtom Company). Competitors in this space include Bookfresh, Livebookings, Genbook and [Rearden Commerce](http://www.crunchbase.com/organization/reardencommerce).
izyr enables the automating of human tasks in logistics using AI. Their deep learning algorithm adds a layer of understanding, bringing autonomous decision making to processes that involve classifying, quality control*, counting, picking and manipulating.
Unchain.io offers integration platform to enable organizations to integrate their applications and devices with blockchain networks. It serves financial services, energy, telecom, retail, logistics, manufacturing, government, and healthcare industries. The company was founded in 2016 and is based in Amsterdam, the Netherlands.

Libersy

Seed Round in 2007
Libersy's mission is to save small business owners time by handling bookings and payments online. Hair dressers, beauty parlors, physiotherapists, bed & breakfasts, restaurants and sport centers can add a book button or any of the other booking widgets to their website to take online appointments. To directory services and telco's Libersy offers a white label Click-to-book solution (a generic book button to be added to profile pages and business listings) and time based search. Their 'database of available time slots' is open for partners through Libersy's API. Libersy has launched in 2009 with British Telecom under http://btbookitnow.com with BTTradespace and under webhosting solutions http://business.bt.com/broadband-and-internet/business-applications/book-it-now. Libersy has launched in September 2009 under ilocalbookings.nl in the Netherlands, where now 16.000 companies are bookable through ilocal.nl (a Tomtom Company). Competitors in this space include Bookfresh, Livebookings, Genbook and [Rearden Commerce](http://www.crunchbase.com/organization/reardencommerce).

Avensus

Angel Round in 2008
Customers operate in a turbulent, complex, global market. They need reliable and real-time information and want total control and manageability to provide a standardized and safe environment. Avensus is seen by the customer as the partner for manageable and reliable, secure IT solutions.

CWR Mobility

Seed Round in 2009
CWR Mobility is a software vendor that develops and markets CWR Mobile CRM, an advanced, multi-platform mobile CRM solution based on the Microsoft Dynamics platform. CWR Mobile CRM makes field sales, service and marketing professionals more efficient and effective. It puts a company's teams closer to customers and keeps them there. With powerful features for users, unique benefits for IT and unparalleled value for management, it’s the only mobile solution that truly meets the needs of today’s customer-agile company. -- Productivity for mobile professionals ... every time, everywhere, every device. With the power of Microsoft Dynamics in the palms of their hands, a company's mobile professionals can be productive on their own devices and on their own terms. -- Works the way users want it to work. Delivers the familiar look and feel of Dynamics CRM as a native user experience on every device. -- Rapidly deployed, easily managed, adaptive and cost-effective. Seamlessly integrates a mobile CRM infrastructure into a company's Dynamics CRM installation -- whether on-premise or in the cloud -- that is rapidly deployed, easily managed, adaptive, and cost-effective. A single deployment of CWR Mobile CRM can support Windows Phone, iPhone/iPad, BlackBerry and Android mobile devices. The application runs as a native application and also has a custom user interface on each mobile platform. CWR Mobile CRM works both online and offline and is feature-rich and easy to use, which translates into faster adoption and lower training costs. It enables mobile professionals to communicate bi-directionally, in real-time with their back office. Users have instant access to accurate data in the field, including all standard and custom entities from Microsoft Dynamics CRM 2011. Unlike the majority of mobile CRM software, CWR Mobile CRM delivers customized information to end users based on their specific organizational roles. It includes default implementations for Field Service and Field Sales professionals and contains a flexible toolkit for building custom line of business applications. It is quickly configurable to adapt to changing business requirements; dynamic application configuration enables IT to remotely deploy zero-IT-touch updates out to mobile devices using a simple point-and-click interface. Two-time Global Partner of the Year Award Winner CWR Mobility is a Microsoft Gold Certified Partner, and for two consecutive years running, in 2010 and again in 2011, has received Microsoft’s highest global award for mobile solutions – Mobility Business-to-Business Application Partner of the Year.

Wrangu

Seed Round in 2019
Wrangu delivers governance, risk and compliance, and security operations solutions to enterprise clients. It builds solutions based on a structured platform to fit individual client needs. It was founded in 2016 and is based in Amsterdam, North Holland, The Netherlands.

Optics11

Venture Round in 2022
Optics11 is a fast-growing high-tech company that aims to enable the biomaterials research and tissue engineering field with opto-mechanical measurement systems. Originating from the VU University of Amsterdam, The Netherlands, prof. Davide Iannuzzi founded the company in 2011 together with Hans Brouwer. Building on the fiber-top sensing technology, they laid the foundation for a range of technological solutions, which are now finding their way into successful products.

Optics11 Life

Venture Round in 2022
Optics11 Life is a life science instrumentation company that specializes in fiber optics that offers sensing and state-of-the-art mechatronics to develop cutting-edge measurement systems that are highly competitive in the life science field.

Confocal.nl

Private Placement in 2018
Confocal.nl is aiming to innovate the microscopy industry with their plug-and-play feature confocal microscopes including the re-scan invention (Re-scan Confocal Microscope). Their new RCM-microscope has an improved resolution and strongly improved sensitivity as compared to most confocal microscopes. It will be available as a highly affordable, customised device, which is ideal for labs with specific interests, or as an upgrade for existing wide-field fluorescence microscopes. Their goal is an open-architecture system that can be customised at need, and is platform- and software independent.
MILabs B.V. manufactures preclinical nuclear imaging systems. Its preclinical imaging systems include X-ray and optical imaging systems. The company also provides clinical imaging systems, such as G-SPECT, an advanced full-ring SPECT system for imaging various isotopes. In addition, it offers materials imaging solutions for nanomedicine, environmental, and agricultural applications, as well as food, chemistry, and process control industries. The company’s instruments are used for imaging applications in various fields, including pharmacology, oncology, cardiology, bone research, diabetes, and neuroscience. MILabs B.V. was founded in 2006 and is based in Utrecht, the Netherlands.
Since 2010, Workspace 365 boosts people by simplifying their work with an adaptive workspace. They bring back the focus on what is important: you and your work. They help you to not only work the way you need to, but also the way that suits you best.

AttachingIT Holding B.V.

Private Placement in 2019
AttachingIT Holding B.V. develops and provides secure mailing solutions that enables users to send and receive e-mails securely. The company is based in Amsterdam, the Netherlands.
Capptions develop software that allows their employees to be actively involved in collecting day-to-day facts on the workplace. Capptions offers a user-friendly app that is available in the moment and on the spot for someone who wants to share an observation or fill in a form. In addition, Capptions offers a powerful dashboard that lets you set-up workflows for follow-up and feedback on all data coming in. Last but not least, Capptions enables you to report upon your insights and workflows in the way you need to.
Indica NL B.V. provides software that enables the client to find information. It offers enterprise search and archiving solutions, eDiscovery and forensics, and visualizations and analytics solutions. It offers Indica Core that allows the sharedrives to be searched, integrates with the standard security and authorization rule-set, allows the other modules to be easily plugged in, and enables lost or non-supported document formats to be rejoined with the accessible datastore; Indica Cloud that enables company-data located or hosted outside the company to be added to the readily accessible datastores; Indica Archiving that archives any file or email according to set parameters; Indica ERP, CRM, DMS, and CMS that link specific information management systems to Indica search application; Indica Connector layer that connects the ranking algorithm to many other search engines; Indica App connector that makes company data securely available to employees; and Indica Analytics module that analyses and creates an overview of the information landscape. The company was founded in 2013 and is headquartered in Utrecht, the Netherlands.

SenseGlove

Seed Round in 2019
At SenseGlove we see virtual and augmented reality as an enabler for real world applications. We believe that providing interactions with objects and persons equal to those in the real world is the only way to utilize VR and AR's potential fully. The SenseGlove offers the most natural interaction in virtual and augmented reality. With the SenseGlove, virtual objects are brought to life, you can feel, touch, and interact with them as if they are real.

DELMIC

Venture Round in 2023
Delmic B.V. manufactures correlative light and electron microscopy solutions. Its products include SECOM which is used for integrating fluorescence and electron microscopy; SPARC, a high-performance cathodoluminescence detection system; and Delphi, a fluorescence and scanning electron microscope. Delmic B.V. also develops software to navigate the integrated microscopy systems. The company was incorporated in 2010 and is based in Delft, the Netherlands.
Amaryllo MMG B.V. develops and markets navigation products and OEM technology for sports, mobile phones, and navigation devices. It offers small and lightweight devices that monitor and log personal performance, as well as trip trackers, car products, wireless GPS receivers, wired GPS receivers, and water proof wired GPS receivers with USB connector. The company was founded in 2005 and is based in Almere, the Netherlands.

Computication

Debt Financing in 2009
Computication was merged with Ram Mobile Data in 2016. Computication still continues to be in business under its own name.
Optics11 is a fast-growing high-tech company that aims to enable the biomaterials research and tissue engineering field with opto-mechanical measurement systems. Originating from the VU University of Amsterdam, The Netherlands, prof. Davide Iannuzzi founded the company in 2011 together with Hans Brouwer. Building on the fiber-top sensing technology, they laid the foundation for a range of technological solutions, which are now finding their way into successful products.

E-bon

Seed Round in 2012
E-bon is an online platform that enables individuals to present web-based gift cards to their loved ones. It was launched by Erwin Zeeuw in April 2011 and its operations are based in Amsterdam, the Netherlands.

CWR Mobility

Series B in 2011
CWR Mobility is a software vendor that develops and markets CWR Mobile CRM, an advanced, multi-platform mobile CRM solution based on the Microsoft Dynamics platform. CWR Mobile CRM makes field sales, service and marketing professionals more efficient and effective. It puts a company's teams closer to customers and keeps them there. With powerful features for users, unique benefits for IT and unparalleled value for management, it’s the only mobile solution that truly meets the needs of today’s customer-agile company. -- Productivity for mobile professionals ... every time, everywhere, every device. With the power of Microsoft Dynamics in the palms of their hands, a company's mobile professionals can be productive on their own devices and on their own terms. -- Works the way users want it to work. Delivers the familiar look and feel of Dynamics CRM as a native user experience on every device. -- Rapidly deployed, easily managed, adaptive and cost-effective. Seamlessly integrates a mobile CRM infrastructure into a company's Dynamics CRM installation -- whether on-premise or in the cloud -- that is rapidly deployed, easily managed, adaptive, and cost-effective. A single deployment of CWR Mobile CRM can support Windows Phone, iPhone/iPad, BlackBerry and Android mobile devices. The application runs as a native application and also has a custom user interface on each mobile platform. CWR Mobile CRM works both online and offline and is feature-rich and easy to use, which translates into faster adoption and lower training costs. It enables mobile professionals to communicate bi-directionally, in real-time with their back office. Users have instant access to accurate data in the field, including all standard and custom entities from Microsoft Dynamics CRM 2011. Unlike the majority of mobile CRM software, CWR Mobile CRM delivers customized information to end users based on their specific organizational roles. It includes default implementations for Field Service and Field Sales professionals and contains a flexible toolkit for building custom line of business applications. It is quickly configurable to adapt to changing business requirements; dynamic application configuration enables IT to remotely deploy zero-IT-touch updates out to mobile devices using a simple point-and-click interface. Two-time Global Partner of the Year Award Winner CWR Mobility is a Microsoft Gold Certified Partner, and for two consecutive years running, in 2010 and again in 2011, has received Microsoft’s highest global award for mobile solutions – Mobility Business-to-Business Application Partner of the Year.
Confocal.nl is aiming to innovate the microscopy industry with their plug-and-play feature confocal microscopes including the re-scan invention (Re-scan Confocal Microscope). Their new RCM-microscope has an improved resolution and strongly improved sensitivity as compared to most confocal microscopes. It will be available as a highly affordable, customised device, which is ideal for labs with specific interests, or as an upgrade for existing wide-field fluorescence microscopes. Their goal is an open-architecture system that can be customised at need, and is platform- and software independent.

Workspace 365

Seed Round in 2013
Since 2010, Workspace 365 boosts people by simplifying their work with an adaptive workspace. They bring back the focus on what is important: you and your work. They help you to not only work the way you need to, but also the way that suits you best.
20Face B.V. designs and develops a facial recognition software technology. The company is based in Enschede, the Netherlands.

AttachingIT Holding B.V.

AttachingIT Holding B.V. develops and provides secure mailing solutions that enables users to send and receive e-mails securely. The company is based in Amsterdam, the Netherlands.

20Face

Private Placement in 2019
20Face B.V. designs and develops a facial recognition software technology. The company is based in Enschede, the Netherlands.

Capptions

Seed Round in 2015
Capptions develop software that allows their employees to be actively involved in collecting day-to-day facts on the workplace. Capptions offers a user-friendly app that is available in the moment and on the spot for someone who wants to share an observation or fill in a form. In addition, Capptions offers a powerful dashboard that lets you set-up workflows for follow-up and feedback on all data coming in. Last but not least, Capptions enables you to report upon your insights and workflows in the way you need to.

NetDialog

Series A in 2009
NetDialog is the leading provider of network and application visibility. With more than 10 years of experience, NetDialog offers the knowledge and products to efficiently run business-critical applications across IT infrastructures. NetDialog’s flagship product NetX helps enterprises to get complete visibility and control of their business-critical applications across their WANs. Using information from any network device in the infrastructure, it provides an easy-to-use, integrated dashboard with advanced monitoring, analytics and reporting facilities. Based on proven technology, NetX offers CSPs a cost-effective and scalable solution to provide networked application visibility to their customers. NetX’s technology-agnostic architecture enables CSPs to present information from all existing and future network technologies on a single dashboard and provides an evolutionary path from classic network management to dynamic network infrastructures and SD-WANs. NetDialog’s team of network and application performance specialists can help enterprises to understand and manage their IT infrastructure and business-critical applications. With more than 10 years of experience, we are capable of helping enterprises during all phases of the application life cycle.
Amsterdam Scientific Instruments B.V. engages in manufacturing advanced camera systems for scientific usage. Its products include single photon counting devices and hybrid pixel imaging detectors used for electron microscopy, mass spectrometry, X-ray imaging, and neutron imaging applications. The company was founded in 2011 and is headquartered in Amsterdam, the Netherlands.

Indica

Seed Round in 2017
Indica NL B.V. provides software that enables the client to find information. It offers enterprise search and archiving solutions, eDiscovery and forensics, and visualizations and analytics solutions. It offers Indica Core that allows the sharedrives to be searched, integrates with the standard security and authorization rule-set, allows the other modules to be easily plugged in, and enables lost or non-supported document formats to be rejoined with the accessible datastore; Indica Cloud that enables company-data located or hosted outside the company to be added to the readily accessible datastores; Indica Archiving that archives any file or email according to set parameters; Indica ERP, CRM, DMS, and CMS that link specific information management systems to Indica search application; Indica Connector layer that connects the ranking algorithm to many other search engines; Indica App connector that makes company data securely available to employees; and Indica Analytics module that analyses and creates an overview of the information landscape. The company was founded in 2013 and is headquartered in Utrecht, the Netherlands.

Fizyr

Seed Round in 2020
izyr enables the automating of human tasks in logistics using AI. Their deep learning algorithm adds a layer of understanding, bringing autonomous decision making to processes that involve classifying, quality control*, counting, picking and manipulating.

E-bon

Angel Round in 2013
E-bon is an online platform that enables individuals to present web-based gift cards to their loved ones. It was launched by Erwin Zeeuw in April 2011 and its operations are based in Amsterdam, the Netherlands.

Safety Changer

Seed Round in 2015
Safety Changer expressly believes that software should not only fulfill functional needs, but it should be elegant and usable as well. The experiences in the QHSE (Quality, Health, Safety and Environmental) domain and the talent to build innovative software lead Safety Changer into the development of a contemporary product suite for professional risk & safety software applications. Safety Changer employs specialists in the use of mobile technology, social technology and cloud applications, as well as experienced software developers, product managers and domain specialists to deliver the best risk & safety solution available today.

Dispertech

Seed Round in 2022
Dispertech is a market system developer for single nanoparticle analysis in life science and material science. The company's system analyzes scattered light signals of nanoparticles using advanced nanofluidics and optics, allowing researchers to measure the size of nanoparticles with greater accuracy than conventional technologies.

Amsterdam Scientific Instruments

Private Placement in 2019
Amsterdam Scientific Instruments B.V. engages in manufacturing advanced camera systems for scientific usage. Its products include single photon counting devices and hybrid pixel imaging detectors used for electron microscopy, mass spectrometry, X-ray imaging, and neutron imaging applications. The company was founded in 2011 and is headquartered in Amsterdam, the Netherlands.