The firm focuses exclusively on network effects businesses, including marketplaces, data network effects, businesses that rely on user-generated content, and SaaS businesses with the potential to layer network effects around it. Piton Capital invests in companies at any stage, ranging from seed to late stage, with investments ranging from €200k to €20m. The firm has invested in over 50 businesses primarily in Europe since its inception in 2010. Network effects provide an "unfair advantage" that enables a winner in a respective market to achieve dominance and as a result sizeable multiples of relative market share in comparison to its competitors.