---
title: SHS Capital - Startup Match Score & Focus Areas
description: Is SHS Capital the right VC for you? See how their thesis aligns with your startup and discover more active investors focusing on healthcare and growth-stage companies.
---

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# SHS Capital Overview

 SHS Gesellschaft für Beteiligungsmanagement mbH, founded in 1993 and based in Tübingen, Germany, is a private equity firm dedicated to investing in European healthcare companies. With over 30 years of experience, SHS focuses on supporting fast-growing healthcare businesses through both majority and minority stakes, providing not only capital but also strategic expertise and access to an extensive network within the healthcare sector. The firm has raised six fund generations, with the latest, SHS VI, closing at approximately €270 million in July 2023. SHS primarily invests in the DACH region, the Nordics, and the Benelux, targeting companies with significant revenues and strong growth trajectories, aiming to build European healthcare champions.

 Is SHS Capital the right investor for your startup? Browse their investment focus, stage preferences, and geographic scope to see how well they align with your fundraising goals. Your full match score with SHS Capital, along with a list of other relevant VCs, is available on Hopohopo.io.

## SHS Capital

 VC Fund

![SHS Capital logo](https://www.hopohopo.io/hubfs/ecosystem-logos-from-platform/4638-b60fe3d7b4eb51dcb28cb4a52e086c17.jpeg)

## Investment focus

### Invest in

- Baltics
- Nordics
- Western Europe
- Southern Europe
- Central Eastern Europe

### Product type

- Software
- Hardware
- Software-enabled hardware
- Drugs / Pharma

### Industries / verticals

- BioTech & Life Sciences
- Digital & Consumer health
- Health Data, Healthcare Systems & Infrastructure
- MedTech & Devices

Investment role

 Lead and follow

Stages

 Series B or later

First ticket size

 €10,000,000 - €50,000,000

## Contact information

Managing Partner

Sascha Alilovic

![LinkedIn](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/carbon_logo-linkedin-grey.svg) ![Email](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/Sign-At--Streamline-Core.svg)

Fundraising | Working Student

Levin Arikan

![LinkedIn](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/carbon_logo-linkedin-grey.svg) ![Email](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/Sign-At--Streamline-Core.svg)

Senior Investment Manager

Guillaume Balz

![LinkedIn](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/carbon_logo-linkedin-grey.svg) ![Email](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/Sign-At--Streamline-Core.svg)

Controlling

Heike G

![LinkedIn](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/carbon_logo-linkedin-grey.svg) ![Email](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/Sign-At--Streamline-Core.svg)

Trainees

Samira Hesselmaier

![LinkedIn](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/carbon_logo-linkedin-grey.svg) ![Email](https://27245214.fs1.hubspotusercontent-eu1.net/hubfs/27245214/H%C3%B6p%C3%B6h%C3%B6p%C3%B6%20-%20Website%20visuals/Icons/Sign-At--Streamline-Core.svg)

## How to approach funds like SHS Capital

 When engaging SHS, founders should highlight proven commercial traction and a clear path to scaling within regulated healthcare markets. Emphasize your ability to navigate complex reimbursement, compliance, and go-to-market challenges, as SHS values operational excellence and robust growth metrics. Demonstrate how your business can leverage their sector network for strategic partnerships or market expansion, and be prepared to discuss both organic and inorganic growth strategies, as SHS is experienced in supporting buy-and-build approaches.

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