byFounders

byFounders VC Management ApS is a venture capital firm that focuses on investing in early-stage startups, particularly in the technology sector with an emphasis on Artificial Intelligence. Founded in 2017 and headquartered in Copenhagen, Denmark, with an additional office in San Francisco, California, the firm primarily targets investment opportunities in the Nordics, Baltics, and Silicon Valley. byFounders aims to support ambitious founders by providing not only financial backing but also expertise and mentorship, leveraging the experience of its accomplished entrepreneurial team. The firm invests at various stages, including pre-seed, seed, and occasionally Series A, and it also engages in follow-on investments within its portfolio.

Tommy Andersen

Co-Founder & Managing Partner

Casper Nicolai Bjarnason

Investor

Magnus Hambleton

Investor

Sebastian L. Johansson

Investor

Martin Krag

Investor

Eric Lagier

Co-Founder & Managing Partner

Sara Rywe

Partner

Matias Salonen

Investor

Camille Zivré

Investor

Past deals in Iceland

Lucinity

Series B in 2022
Lucinity Holding ehf. is a company that specializes in developing solutions for anti-money laundering (AML) efforts within the financial sector. Founded in 2018 and headquartered in Reykjavík, Iceland, with an office in New York, Lucinity offers a platform called ClearLens. This platform enables AML surveillance teams to identify suspicious behavior patterns, conduct pre-evaluation of cases, review those cases, and generate summaries, while also facilitating the collection of micro-feedback for continuous improvement. Lucinity's innovative approach aims to enhance the efficiency and effectiveness of AML processes for its clients.

Lucinity

Series A in 2020
Lucinity Holding ehf. is a company that specializes in developing solutions for anti-money laundering (AML) efforts within the financial sector. Founded in 2018 and headquartered in Reykjavík, Iceland, with an office in New York, Lucinity offers a platform called ClearLens. This platform enables AML surveillance teams to identify suspicious behavior patterns, conduct pre-evaluation of cases, review those cases, and generate summaries, while also facilitating the collection of micro-feedback for continuous improvement. Lucinity's innovative approach aims to enhance the efficiency and effectiveness of AML processes for its clients.