Tomy Han

Tomy Han is a Partner at Volition Capital, a Boston-based growth equity firm focused on high-growth, founder-owned companies in software, internet, consumer, and tech-enabled services. Volition’s firm materials list its address at 177 Huntington Ave., 16th Floor, Boston, MA 02115, and describe the firm as investing across the United States and Canada.

Han joined Volition Capital in 2012 as part of the firm’s first Analyst class, directly after graduating from Harvard University with a BA in Economics. His firm bio says he focuses on software and internet investments in compliance, security, supply chain, and vertical applications.

Volition promoted Han to Partner on March 15, 2022. The promotion announcement said he had helped identify and partner with software companies in compliance, security, supply chain, and vertical applications, and listed Securonix, Connatix, and Assent among his notable investments. His current firm profile says he serves on the boards of BusRight, HALOS, Pramata, and Qure4u, and is a board observer at Black Kite, RTS, and Creatio.

Han has also been recognized externally by GrowthCap. Volition’s firm bio notes GrowthCap 40 Under 40 recognition in 2020 and 2022, and GrowthCap’s 2024 list named him a Top 40 Under 40 Growth Investor.

• Focuses on growth-stage, capital-efficient companies rather than seed or angel investing. Volition says it targets founder-owned companies with $5 million to $50 million+ in revenue, 25% to 100%+ growth, meaningful founder ownership, and substantial market opportunity.
• Invests within software and internet, with a personal focus on physical AI, hardware-enabled SaaS, compliance, cybersecurity, supply chain, and vertical applications.
• Looks for companies with strong customer relationships. In his firm bio, Han says the businesses he gets most excited about have “strong relationships with their customers.”
• In hardware-enabled SaaS, he argues that hardware can be a moat and a data-capture layer. In March 2026, he wrote that “the hardware is still the moat,” but that the data generated by deployed hardware is becoming the more valuable asset.
• For hardware-enabled SaaS, he looks for hardware that drives retention, software that drives expansion, strong gross margins, disciplined SKU strategy, reasonable hardware payback periods, upfront cash collection where possible, and scalable implementation networks.
• In physical AI, he favors companies that own both the sensing layer and the vertical workflow or outcome layer, because that combination controls the data supply and customer relationship.