Flat Capital

Flat Capital is a venture capital firm established in 2013 and located in Stockholm, Sweden. The firm focuses on investing in individuals who demonstrate passion, dedication, and potential, as well as a personal stake in their projects. Flat Capital targets companies at various stages of development, including seed-stage, early-stage, and later-stage ventures, seeking to support those with strong commitment and innovative ideas.

Sebastian Siemiatkowski

Co-Founder and Chairman of the Board

Hanna Andreen

CEO

24 past transactions

Magic

Venture Round in 2025
Magic is an artificial intelligence coding startup that assists developers in creating applications by utilizing natural language to describe their desired functions. The company's platform generates the necessary code for app development, streamlining the software engineering process. Magic focuses on aligning AI with human values through reinforcement learning, which enables AI to learn and improve through trial and error. This approach allows developers to efficiently find, evaluate, and reuse code, enhancing productivity and innovation in software development.

Oden Technologies

Series B in 2024
Oden Technologies Ltd. specializes in real-time data analytics solutions tailored for manufacturers. The company offers the ODEN System, which features HUGIN, a device that captures data directly from industrial machines. This system is supported by a cloud-based dashboard that enables users to track and assess the performance of factory and production lines. By identifying the root causes of production rejections and downtime, Oden Technologies helps manufacturers eliminate waste and enhance efficiency. Founded in 2014, the company is headquartered in London, United Kingdom, and also maintains an office in New York, New York.

Quartr

Seed Round in 2022
Quartr is a software company focused on enhancing communication within the financial community. It offers a suite of services, including a free mobile application and a web application tailored for finance professionals. With a user base exceeding half a million, Quartr serves private investors, journalists, and corporate professionals, positioning itself as a vital source of first-party company information. The mobile app, available on both iOS and Android, provides access to information on over 6,500 public companies across 19 markets, including earnings calls, investor presentations, and financial data. Additionally, Quartr's platform facilitates investor relations by publishing events and earnings while offering analytics on listener demographics and behaviors, enabling companies to engage effectively with a broad range of investors.

CDLP

Venture Round in 2022
CDLP is a Swedish design firm established in 2016, specializing in high-end men's essentials, particularly focusing on comfortable innerwear and swimwear. The company's product range includes boxer briefs, boxer trunks, y-briefs, boxer shorts, long johns, bamboo socks, swim shorts, and jockstrap t-tanga briefs. CDLP emphasizes the use of comfortable materials and offers recyclable clothing options, catering to both men and women. Its products are available through various platforms, reflecting a commitment to quality and sustainability in the clothing industry.

Remote

Series C in 2022
Remote is a global HR solutions provider that facilitates international hiring and payroll management for distributed teams. They offer a platform designed to help companies recruit top talent worldwide, ensuring compliance with local laws while streamlining project allocation and payments. This enables businesses to expand their workforce globally, enhancing productivity and employment opportunities.

Getir

Series E in 2022
Getir, established in 2015, is a technology company based in Istanbul, Turkey. It specializes in on-demand delivery services, focusing on fast-moving consumer products such as groceries, household items, and personal care products. The company operates in major Turkish cities like Istanbul, Izmir, Ankara, Bursa, and Kocaeli. Getir's mobile application allows users to browse and purchase products, track their deliveries in real-time, and make secure mobile payments.

Discord

Secondary Market in 2022
Discord is a communication platform that offers voice, video, and text services, enabling users to connect with friends and communities. Originally designed for gamers, it has evolved to serve a broader audience, including local clubs, art groups, and study sessions. The platform supports voice-over-internet protocol and texting, ensuring seamless communication across desktops and mobile devices. This versatility allows users to engage in conversations and activities without compromising performance, particularly for gamers who require uninterrupted communication while playing. Discord's focus on community interaction has made it a popular choice for diverse groups seeking to collaborate and socialize online.

Klarna

Venture Round in 2021
Klarna Inc. is an e-commerce payment solutions provider that serves both merchants and consumers, specializing in flexible payment options. Founded in 2005 and headquartered in Columbus, Ohio, with additional offices in New York City, Klarna offers a range of services including direct payments, pay-after-delivery options, and installment plans. The company is recognized for its "buy now, pay later" model, allowing shoppers to finance their retail purchases with interest-free payments. Klarna also enhances the shopping experience through its app, which offers features such as cashback rewards and on-site messaging for retailers. As a regulated bank, Klarna operates under a framework that supports a variety of payment processing and dispute resolution services, aiming to make transactions simple, safe, and smooth for users.

Kry

Secondary Market in 2021
Kry is a digital healthcare company founded in 2015 and headquartered in Stockholms Lan, Sweden. It specializes in providing a digital health application that enables patients to consult qualified healthcare professionals via video consultations on their smartphones or tablets. This service allows users to access healthcare conveniently and promptly, offering consultations in minutes, regardless of their location. By facilitating direct interaction between patients and healthcare providers, Kry aims to empower individuals to make informed choices about their health while alleviating the demands on traditional healthcare systems.

LoveLocal (formerly m.Paani)

Series B in 2021
LoveLocal (formerly known as m.Paani) is the only app you need for all your daily needs fulfilled by your trusted local shops online. Now enjoy the convenience of online ordering, Fast home delivery, digital payments - all at a tap of a button. Shop anytime, anywhere from a vast range of products including fresh fruits, vegetables, groceries, OTC Medicines, Home and Personal Care Products, snacks, and much more. So LoveLocal!

PANGAIA

Series A in 2021
PANGAIA offers lifestyle products and accessories. That products include sweatshirts, t-shirts ,tops, track pants, activewear, jackets, outerwear, and knitwear. They allow consumers to directly buy goods or services from a seller over the internet using a web browser or a mobile app.

Figma

Series E in 2021
Figma, Inc., established in 2012 and headquartered in San Francisco, specializes in developing an in-browser interface design and prototyping tool. Its flagship product, Figma, is an online platform enabling product teams to create, test, and ship designs collaboratively. Figma caters to various design disciplines including UI/UX design, graphic design, wireframing, and prototyping, facilitating tasks such as visual whiteboarding, diagramming, and remote design applications. The company's mission is to enhance creative productivity and accessibility in product design for teams worldwide, with clients including Airbnb, Slack, and Microsoft.

TrueAccord

Venture Round in 2019
TrueAccord is reinventing the relationship between creditors and lenders with a machine learning-driven, digital approach to debt collection. Our technology personalizes outreach to each customer across digital channels, continuously optimizing for performance while delivering a customer experience that builds long-term brand loyalty.

CDLP

Venture Round in 2018
CDLP is a Swedish design firm established in 2016, specializing in high-end men's essentials, particularly focusing on comfortable innerwear and swimwear. The company's product range includes boxer briefs, boxer trunks, y-briefs, boxer shorts, long johns, bamboo socks, swim shorts, and jockstrap t-tanga briefs. CDLP emphasizes the use of comfortable materials and offers recyclable clothing options, catering to both men and women. Its products are available through various platforms, reflecting a commitment to quality and sustainability in the clothing industry.

Truecaller

Venture Round in 2018
Truecaller AB is a mobile application that enhances user communication by allowing individuals to identify callers and manage their contacts effectively. The platform focuses on verifying contacts and blocking unwanted calls, thereby protecting users from spam and enhancing their mobile experience. Truecaller facilitates safe and relevant interactions, making it easier for businesses to connect with consumers. By providing tools for expanding contact lists and identifying incoming calls, Truecaller aims to create a smarter mobile environment for its users.

Steven

Seed Round in 2017
Steven is a mobile application based in Stockholm, Sweden, that facilitates group payments and expense management. Founded in 2016, the app allows users to track personal finances, settle debts among friends or group members, and automatically sends reminders for pending payments. By simplifying the process of managing shared expenses, Steven helps users avoid awkward situations related to collecting debts, ensuring timely payments and a smoother financial experience for all involved.

Scrive

Venture Round in 2016
Scrive AB is a Stockholm-based company founded in 2010 that specializes in e-signing solutions and agreement lifecycle automation. The platform is utilized across various sectors, including telecom, banking, and insurance, enabling businesses to streamline the signing of documents and manage customer identification securely. With a client base exceeding 3,000 customers globally, Scrive enhances compliance, data quality, and overall customer experience through its electronic signature and digital identity services. The company provides end-to-end workflows that comply with relevant regulations, making it a trusted partner for organizations looking to improve their signing processes and customer interactions.

Prion

Venture Round in 2016
Prion is a developer of a preschool platform that facilitates communication between preschool staff and parents. The platform enables teachers to document children's activities through photos, videos, and text, which can be accessed by parents on their mobile devices. This allows parents to gain insights into their children's experiences at preschool, enhancing their understanding of daily activities and performance. The app is available for free on iPhone, Android, and iPad, making it accessible to a broad audience.

Omio

Series B in 2015
Omio is a travel platform founded in 2012 and headquartered in Berlin, Germany. It enables users to compare, plan, and book various modes of transportation, including trains, buses, and flights. The platform features a multi-mode search tool that pulls data from diverse sources to suggest optimal travel routes and nearby airports, allowing users to visualize and compare options based on cost and travel time. Omio focuses on long-distance travel planning, providing real-time price comparisons and booking capabilities tailored to individual preferences for dates and locations. The service caters to travel enthusiasts seeking a simple, flexible, and personalized way to organize their journeys.

Uniplaces

Series A in 2015
Uniplaces Limited is an online marketplace specializing in student accommodation booking. Founded in 2012 and based in London, the company connects students seeking housing with accommodation providers looking to rent out properties. Its services are available in various cities, including Barcelona, Madrid, Munich, Milan, Rome, Lisbon, Porto, London, Berlin, and Valencia, as well as internationally. Uniplaces aims to simplify the accommodation process for both students and providers, emphasizing the importance of safety and quality. The platform facilitates access to a diverse range of housing options, from privately rented accommodations to professionally managed residences, catering to the budgetary needs of students. Through its innovative approach, Uniplaces seeks to transform the traditional accommodation market for students around the world.

Lyst

Series C in 2015
Lyst is a global fashion search platform, founded in 2010 and headquartered in London. It offers a vast inventory of over 4 million products from 11,000 leading brands and stores, catering to both men and women. Lyst's platform enables users to search and shop for a wide range of fashion items, including clothing, shoes, bags, accessories, and jewelry. It provides a personalized shopping experience, allowing users to create a customized feed of products based on their preferences. The company has raised $60 million in funding from notable investors, including Accel Partners and Balderton, and is used by 70 million shoppers annually.

Flow Commerce

Venture Round in 2015
Flow Commerce, Inc. is a technology company that specializes in cross-border e-commerce solutions. Founded in 2015 and headquartered in Hoboken, New Jersey, with an additional office in Dublin, Ireland, Flow provides a comprehensive platform that simplifies international selling for e-commerce businesses. Its services enable merchants to configure their cross-border supply-chain requirements efficiently, making it easier to capture global demand for their products. The platform addresses various aspects of international transactions, including multi-currency pricing, shipping logistics, payment processing, and tax calculations, while utilizing artificial intelligence to streamline operations. Flow's solution is versatile, catering to businesses of all sizes and can be implemented as a complete system or as modular components, ensuring a seamless experience for both merchants and consumers in the global marketplace.

Budbee

Venture Round in 2013
Budbee AB, founded in 2015 and based in Stockholm, Sweden, operates an online marketplace that connects distribution companies with businesses needing to deliver items to consumers. The company specializes in last-mile logistics for e-commerce, focusing on customer satisfaction and operational efficiency. Budbee's services include detailed tracking information and instant chat options, enhancing the shopping experience by minimizing wait times and streamlining the delivery process. By not relying on a proprietary fleet, Budbee effectively partners with various logistics providers to cater to the growing demands of online shopping.

Io

Io develops AI-powered devices that reimagine how users interact with technology, moving beyond traditional smartphones and screens. In May 2025, OpenAI acquired io in a deal valued at approximately $6.5 billion, marking OpenAI's largest acquisition to date. The acquisition aims to integrate io's hardware design expertise with OpenAI's AI capabilities to create innovative consumer devices. While specific product details remain undisclosed, reports suggest the development of a pocket-sized, screen-free, contextually aware device that is not a phone or wearable glasses.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.