The Band was founded in 1994 by Johannes C. (Hans) Severiens. Since the first meeting, held with 12 people in 1994, the Band has met every month without exception, in good times and bad. The Band has invested in more than 200 companies, through the boom, the bust, and today. Consistently, the Band has helped young startups by providing them with their first seed capital, and more importantly, with expert advice.

Today, the Band has over 120 members, who continue to represent a cross section of successful entrepreneurs and former executives. The Band continues to meet monthly and continues to invest in new deals across a variety of industries.