Thomas has worked with venture capital (VC) for more than a decade. He has gained extensive experience in establishing new businesses across Europe and has specialized in maturing businesses for the US market.
He joined IVS in 2002, and when it became Northcap Partners in 2006, he was a driving force in establishing the current Northcap team and firm.
Since closing his first VC investment with the hosting company eStructure.net in 2000, Thomas has now more than 20 investment under his belt. Taking a special interest in cloud computing and SaaS businesses, Thomas built his first SaaS business in 1996, which he grew to 200,000 subscribers across four countries.
Prior to joining the VC business, Thomas held several senior management positions in IT and Internet-based companies. Among other merits, Thomas led the Managed Services business unit at Cybercity (Telenor) launching a number of innovative products in a highly competitive market, and at TDC, Thomas built a new business unit from scratch. He received his M.Sc. degree in Finance and Business Administration from University of Aarhus, Denmark.
Around the office Thomas is said to have an impatient mindset, which might explain why he prefers action sports like running or mountain biking over a trip to the golf course.
For the last 15 years, Kim has been developing and driving radical growth of Software – & ICT service companies in Europe. He joined the venture capital (VC) industry in 2004 working as executive/non-executive chairman for a number of European ICT companies, before he joined Northcap in January 2008.
Since then he has closed a number of investment deals, helping these and other ICT companies in the Northcap portfolio develop strategies and grow internationally. He has board experience from more than 20 companies, including Zmags in the current Northcap portfolio.
Back in 1997, Kim entered the ICT industry joining Oracle Denmark as a senior executive responsible for the Service operation. As Vice President/COO in SAP Nordic he was the architect and driver behind a successful transformation and was responsible for the Nordic operation. Following this he moved to SAP’s headquarter in Walldorf, driving a transformation program within the entire organization.
Before entering the ICT industry, Kim spent 12 years in management consulting – seven of these as partner. As Senior Partner & CEO in SMG Consulting Group, Kim was responsible for the subsidiary in Denmark. In addition to this, he had a global responsibility for SMG’s business transformation practice. In Deloitte Consulting, Kim spent seven years, two of which as a partner, responsible for a competence area called performance improvement.
Recognized for his growth and internationalization skills within the industry, Kim has been a faculty member at CBS-SIMI since 2004. He has published several articles and co-authored two books: ‘Radical performance Improvements’ and ‘Strategic Development’, and his educational background includes an economic degree from Copenhagen Business School combined with a managerial education from INSEAD.
Being the father of four children in their late teens and twenties, Kim is never released from his coaching duties. He spends his spare time running, hiking and playing a variety of ball games take up the time.
Michael Mandahl has been in venture capital since 2002 investing both in the Nordics and in the US. From 2002 – 2006 as Venture Partner at Brainheart Capital and then as General Partner at Nexit Ventures until joining Northcap in 2015. At BrainHeart he co-managed Mobeon and managed Meru Networks. At Nexit he managed Octoshape and Conformiq and co-managed Aava Mobile.
After Michael joined the ICT industry back in the late 80ties and had co-founded several successful companies, like Unusual Systems, which was acquired by Framfab. IQ-Media acquired by BMG and Mobeon acquired by Ericsson. Michael has held CEO positions in companies Linq and Mobeon. At Northcap Michael is a subject matter expert for areas like; Mobile, Cloud & Enterprise software, and B2B go-to-market models.