100in Research
Investment Thesis
100in is a Ghent, Belgium-based pre-seed fund founded by the team behind Henchman, the AI contract-review startup acquired by LexisNexis. Co-founders Jorn Vanysacker and Gilles Mattelin, joined by Julie Capiau and Stef-Kamil Fissette, built 100in from the operator's side of the table: "We took Intuo and Henchman from the first line of code to acquisition. Now we're on the other side of the cap table." The thesis is explicitly stage-first rather than sector-first — the fund backs "early capital for tech founders" at the earliest, riskiest moment, when it's "just you, your co-founder, and a problem worth solving." The team's own product background (contract/legal workflow automation at Henchman, HR tech at Intuo) points toward a natural lean into applied-AI, workflow, and vertical SaaS founders, but the site and press coverage frame the mandate broadly across tech verticals rather than a locked sector focus.
Stage Focus
100in invests exclusively at pre-seed — the fund's tagline is literally "€100K into 100 tech startups. Pre-seed stage." This is a single-stage, high-volume model: one fixed check size, one stage, spread across a large number of companies rather than concentrated bets.
Check Size
Each check is a fixed €100,000 (~$108K), deployed as the founders' first institutional or semi-institutional capital. There is no evidence of variable sizing or follow-on reserves disclosed publicly; the model is built around uniform, standardized pre-seed checks.
Lead Tendency
Unknown/unclear from public sources. At €100K into true pre-seed rounds, 100in is likely one of several check-writers in a round (often alongside angels) rather than a price-setting lead, but this is not confirmed by any primary source, so lead tendency is recorded as unknown.
Recent Activity
100in launched publicly in February 2026 with a €12 million fund, aiming to make 100 pre-seed investments of €100,000 each. Press coverage (TechFundingNews, TheTopVoices, StartupResearcher) confirms the fund is 60% funded by the Henchman/Intuo founder trio themselves, with the balance from a group of prominent Belgian tech operators (see Team/LPs below). The fund is newly launched and actively deploying; the portfolio page already lists ~15 current portfolio companies, suggesting investments began ahead of or alongside the public launch.
Portfolio Highlights
The current portfolio (per 100in.vc) includes: Allude, Fyxer, Warren, Donna, Eagl, Bizzy, Spotable, Driven, IntelliProve, VendorVue, Tekst, Dalton, Otamiser, Predikt, and Rookoo. Two portfolio companies have public traction signals worth noting:
- Fyxer (AI executive assistant for inbox/meeting management) has scaled quickly, reportedly reaching $9.7M+ ARR and raising a $30M Series B led by Madrona with participation from Salesforce founder Marc Benioff — a strong outcome relative to a €100K entry check.
- Bizzy (Ghent-based AI sales/B2B lead-generation agent) raised a €4M round to expand its AI sales agent product.
Separately, the site also displays "Past Investments" and an "Exit" tag for Henchman, which LexisNexis acquired (now branded Lexis Create+) — but per the team's own framing, Henchman was the founders' own prior operating company rather than a 100in fund investment, so it is treated here as founder track record rather than a portfolio holding.
Team
- Jorn Vanysacker — Co-Founder & General Partner. Co-founder of Henchman (AI contract review, acquired by LexisNexis).
- Gilles Mattelin — Co-Founder & General Partner. Serial entrepreneur, co-founder of multiple companies including Henchman and Intuo.
- Julie Capiau — Co-Founder & General Partner.
- Stef-Kamil Fissette — Co-Founder & General Partner.
The fund also counts a group of well-known Belgian tech operators as backers/LPs, per the site's "Joined by Belgium's tech giants": Wouter Van Respaille (Henchman), Lorenz Bogaert (StarApps), Matthias Geeroms (Lighthouse), Jonas Dhaenens (team.blue), Willem Delbare, Felix Garriau and Roeland Delrue (Aikido), Siska Lannoo (Backbone), and Hilde Cloostermans (Amazon).
Decision Process
Not disclosed publicly. Given the small four-person founding team, decisions are likely made informally among the co-founding partners rather than through a formal investment committee, but this is inferred, not confirmed.
Founder Preferences
The fund's language ("when it's just you, your co-founder, and a problem worth solving") signals a strong preference for early technical/product founding teams, ideally pairs, tackling a specific, well-understood problem — consistent with the founders' own path building Henchman and Intuo.
Geographic Focus
100in is based in Ghent, Belgium, and several portfolio companies (Bizzy, Spotable) are Belgium-based, suggesting a Benelux/European home bias. However, press coverage describes ambitions to back founders more broadly (e.g., "100 international startups"), and the portfolio also includes companies with less clearly Belgian origins, so geographic focus is recorded as Belgium/Europe with moderate confidence rather than an exclusive mandate.