TCD Capital
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About

Our DNA and philosophy

Entrepreneurs for entrepreneurs 

History of TCD Capital

  1. 2016

    TheClubDeal and Fund I

    TheClubDeal brings entrepreneurs and operators together to invest deal by deal, and launches its first vehicle, Fund I.

  2. 2021

    Rebranding and Fund II

    TheClubDeal becomes TCD Capital, with a formal Investment Committee and written sector mandates, and launches the €40M Fund II.

  3. 2026

    Funds and club deals

    Ten years on, TCD Capital invests through both its funds and club deals.

DNA

  1. Governance

    We help build the board, the reporting rhythm and the financial accountability a company needs to handle its own growth.

  2. Realistic objectives

    We set objectives around milestones a company can actually reach, not around a valuation it hopes to justify, and we track them quarter by quarter.

  3. Operators at the table

    Born as a club of operators, TCD Capital still works that way. Our non-executive partners and sector advisors work alongside the investment team on every investment.

Our role

More than investors: sparring partners

Key characteristics

  1. Sourcing

    Our deal flow comes from a network of entrepreneurs and co-investors, supported by a market-watch tool built in-house.

  2. Local ecosystems

    We favour companies that keep jobs and operations in their home region.

  3. Lessons from every deal

    We turn what each deal teaches us into best-practice material for the next founder, so the fund's experience builds up over time.

  4. Club deals

    Investors can invest deal by deal in club deals, most of them independent of our funds.

  5. Independent validation

    A sector advisor tests each investment case independently of the deal team.