byFounders

byFounders, established in 2017, is a Copenhagen-based venture capital firm focused on investing in early-stage tech startups across the Nordics and Baltics. The firm, composed of successful regional entrepreneurs, supports and invests in ambitious founders building businesses in sectors such as B2B SaaS, consumer tech, cybersecurity, fintech, and health, among others.

Martin Krag

Partner

Tommy Andersen

Co-Founder and Managing Partner

Casper Bjarnason

Investor

Magnus Hambleton

Investor

Eric Lagier

Co-Founder and Managing Partner

Josefin Landgård

Founder

Sara Rywe

Partner

Matias Salonen

Investor

Camille Zivre

Investor

Daniel Stenson

Investor

Past deals in Iceland

Lucinity

Series B in 2022
Lucinity Holding ehf. is a company that specializes in anti-money laundering solutions through its platform, ClearLens. Founded in 2018 and headquartered in Reykjavík, Iceland, with an additional office in New York, Lucinity focuses on helping financial institutions like banks and fintech companies detect and prevent money laundering. The ClearLens platform enhances the capabilities of anti-money laundering teams by enabling them to identify suspicious behavior patterns, conduct pre-evaluations, review cases, and streamline compliance processes. By utilizing advanced technologies, including augmented intelligence and generative AI, Lucinity improves operational efficiency, reduces false positives, and continuously enhances the review process. The company's commitment to innovation and user experience has positioned it as a trusted partner for organizations seeking to navigate regulatory requirements and mitigate financial crime risks effectively.

Lucinity

Series A in 2020
Lucinity Holding ehf. is a company that specializes in anti-money laundering solutions through its platform, ClearLens. Founded in 2018 and headquartered in Reykjavík, Iceland, with an additional office in New York, Lucinity focuses on helping financial institutions like banks and fintech companies detect and prevent money laundering. The ClearLens platform enhances the capabilities of anti-money laundering teams by enabling them to identify suspicious behavior patterns, conduct pre-evaluations, review cases, and streamline compliance processes. By utilizing advanced technologies, including augmented intelligence and generative AI, Lucinity improves operational efficiency, reduces false positives, and continuously enhances the review process. The company's commitment to innovation and user experience has positioned it as a trusted partner for organizations seeking to navigate regulatory requirements and mitigate financial crime risks effectively.
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