byFounders

byFounders is a venture capital firm founded in 2017 and based in Copenhagen, Denmark. It invests in early‑stage technology companies across the Nordic and Baltic regions, providing capital and practical support to founders seeking to build globally ambitious businesses. The organization is a collective of accomplished entrepreneurs who invest in and mentor the next generation of startups, operating on a founder‑centric ethos described as for founders, byFounders. Its focus includes information technology and related tech sectors, with a hands‑on approach that helps portfolio companies scale and navigate the regional ecosystem through active involvement in growth strategy and governance.

Tommy Andersen

Managing Partner

Martin Krag Andersen

Investor

Casper Bjarnason

Investor

Magnus Hambleton

Investor

Sebastian L. Johansson

Investor

Past deals in Nordic Europe

Supernormal

Venture Round in 2023
Supernormal Technologies, Inc. is a company that provides an artificial intelligence-based platform designed for business video recordings. Founded in 2020 and based in Stockholm, Sweden, the company enables users to record corporate announcements, presentations, and greetings, as well as capture their screens for presentations. The platform's features include instant transcription and AI-generated summaries, facilitating efficient communication for remote teams. By automating the transcription and note-taking processes, Supernormal helps users save significant time in their daily workflows.

Watalook

Seed Round in 2022
Watalook is a platform that facilitates beauty appointments. It connects beauty professionals with clients, offering features such as custom calendars for scheduling, client history dashboards, and personal web pages to display services. Watalook simplifies booking processes, billing, and sends automated reminders. It primarily operates in Lithuania, the UK, the US, and Norway.

Lucinity

Series B in 2022
Lucinity Holding ehf. is a Reykjavík-based company founded in 2018 that specializes in developing advanced software solutions for financial crime compliance, specifically focusing on anti-money laundering (AML) efforts. The company's flagship product, ClearLens, equips financial institutions with tools to detect suspicious behavior patterns, streamline case evaluations, and enhance the overall efficiency of their AML surveillance teams. By integrating augmented intelligence and generative AI, Lucinity aims to reduce review times, improve insights, and optimize operational processes. The platform empowers banks, fintech companies, and payment service providers to better navigate regulatory requirements and mitigate risks associated with money laundering activities. With an additional office located in New York City, Lucinity is recognized for its innovative approach and commitment to delivering exceptional user experiences in the financial compliance sector.

Uizard

Series A in 2021
Uizard, established in 2017 and headquartered in Copenhagen, Denmark, specializes in AI-driven design tools. Its flagship product, launched in 2018, empowers users to create and prototype user interfaces for web and mobile applications using an intuitive drag-and-drop editor. Uizard's AI capabilities extend to converting text prompts into UI designs, transforming hand-drawn sketches into wireframes, and even generating editable designs from screenshots. The platform offers a vast library of pre-made design templates and UI components, fostering rapid and collaborative design processes.

GamerzClass

Seed Round in 2021
GamerzClass ApS is a Copenhagen-based company founded in 2018 that specializes in esports education. It offers comprehensive online masterclasses and learning materials designed to help gamers enhance their skills through structured programs developed in collaboration with professional players. The platform provides a range of e-learning resources, including video courses focused on various esports and professional sports games. By combining expert knowledge with innovative teaching methods, GamerzClass aims to shape the future of gaming and improve the overall gaming experience for players at all levels.

Contractbook

Series B in 2021
Contractbook is a contract management software company founded in Copenhagen in 2017. It offers a platform designed to streamline and automate the entire lifecycle of contracts, enabling users to create, sign, and manage legal documents digitally within a single system. The software features an advanced client portal for legal professionals and includes a contract drafter that generates documents based on customer inputs. With a focus on efficiency and user-friendliness, Contractbook serves over 250,000 users across more than 85 countries, helping businesses simplify their contract processes through easy templates and digital storage solutions.

Bob W

Seed Round in 2021
Bob W is a provider of short-stay accommodation services that offers an alternative to traditional hotels. The company operates a managed marketplace of serviced apartments that combine the quality standards and amenities of a lifestyle hotel with the authenticity and functionality of a home. Each apartment is locally designed, work-friendly, and equipped with hotel linens and professional cleaning services. Additionally, the accommodations feature fully equipped kitchens, access to local gyms, and curated breakfast options. This approach allows travelers to easily find and enjoy short-stay accommodations tailored to their needs while ensuring a high standard of service and ecological mindfulness.

Proper

Seed Round in 2021
Proper is a Copenhagen-based company founded in 2017 that offers a comprehensive platform designed to assist property owners and tenants in managing various rental operations. The company focuses on automating the operational tasks associated with residential and commercial leases, as well as the management of garages and parking lots. Proper's intelligent platform integrates software and APIs to streamline payment data management across multiple providers, enabling businesses to achieve financial accuracy and efficiency. By unifying financial data and facilitating reconciliation and payment operations, Proper supports companies in developing robust financial infrastructures tailored to their needs.

Lucinity

Series A in 2020
Lucinity Holding ehf. is a Reykjavík-based company founded in 2018 that specializes in developing advanced software solutions for financial crime compliance, specifically focusing on anti-money laundering (AML) efforts. The company's flagship product, ClearLens, equips financial institutions with tools to detect suspicious behavior patterns, streamline case evaluations, and enhance the overall efficiency of their AML surveillance teams. By integrating augmented intelligence and generative AI, Lucinity aims to reduce review times, improve insights, and optimize operational processes. The platform empowers banks, fintech companies, and payment service providers to better navigate regulatory requirements and mitigate risks associated with money laundering activities. With an additional office located in New York City, Lucinity is recognized for its innovative approach and commitment to delivering exceptional user experiences in the financial compliance sector.

Bob W

Seed Round in 2020
Bob W is a provider of short-stay accommodation services that offers an alternative to traditional hotels. The company operates a managed marketplace of serviced apartments that combine the quality standards and amenities of a lifestyle hotel with the authenticity and functionality of a home. Each apartment is locally designed, work-friendly, and equipped with hotel linens and professional cleaning services. Additionally, the accommodations feature fully equipped kitchens, access to local gyms, and curated breakfast options. This approach allows travelers to easily find and enjoy short-stay accommodations tailored to their needs while ensuring a high standard of service and ecological mindfulness.

Dazzle Rocks

Series A in 2020
Founded in 2014, Dazzle Rocks is a Finnish mobile game development studio based in Helsinki. The company designs and develops social multiplayer games, with a focus on creating immersive experiences that connect global players and empower them to build communities together within evolving massive multiplayer online worlds.

Contractbook

Seed Round in 2019
Contractbook is a contract management software company founded in Copenhagen in 2017. It offers a platform designed to streamline and automate the entire lifecycle of contracts, enabling users to create, sign, and manage legal documents digitally within a single system. The software features an advanced client portal for legal professionals and includes a contract drafter that generates documents based on customer inputs. With a focus on efficiency and user-friendliness, Contractbook serves over 250,000 users across more than 85 countries, helping businesses simplify their contract processes through easy templates and digital storage solutions.

Simple Feast

Series B in 2019
Simple Feast is a Copenhagen-based company founded in 2015 by Jakob Jønck and Thomas Ambus, specializing in sustainable plant-based meal delivery. The company offers a range of meal kits that include Weekly Boxes, providing three nights of vegetarian or vegan meals that require minimal preparation, and Comfort Food Boxes, which feature 4 to 8 jarred meals that only need heating and a side dish. All meals are designed to be healthy and are packaged in biodegradable boxes, aligning with the company's commitment to sustainability. Simple Feast aims to simplify plant-based cooking for consumers by offering ready-to-eat options curated by chefs and food experts, ensuring convenience without compromising on nutrition.

Uizard

Seed Round in 2019
Uizard, established in 2017 and headquartered in Copenhagen, Denmark, specializes in AI-driven design tools. Its flagship product, launched in 2018, empowers users to create and prototype user interfaces for web and mobile applications using an intuitive drag-and-drop editor. Uizard's AI capabilities extend to converting text prompts into UI designs, transforming hand-drawn sketches into wireframes, and even generating editable designs from screenshots. The platform offers a vast library of pre-made design templates and UI components, fostering rapid and collaborative design processes.

Greenely

Seed Round in 2019
Greenely develops an application that enables users to monitor electricity consumption and provides tips for savings. With over 150,000 connected homes, the company aims to create zero-emission communities by optimizing energy usage through its platform.

DrugStars

Venture Round in 2019
DrugStars is a Copenhagen-based company that has developed a mobile medicine tracker application aimed at improving medication adherence. The application allows patients to manage their medications, set reminders, track their progress, and gain knowledge about their treatment. In addition to these features, DrugStars incentivizes users by enabling them to make charitable donations to health organizations of their choice as a reward for their adherence efforts. This dual purpose aims to enhance patients' daily lives while also providing them with an opportunity to support health charities at no cost.

Simple Feast

Seed Round in 2018
Simple Feast is a Copenhagen-based company founded in 2015 by Jakob Jønck and Thomas Ambus, specializing in sustainable plant-based meal delivery. The company offers a range of meal kits that include Weekly Boxes, providing three nights of vegetarian or vegan meals that require minimal preparation, and Comfort Food Boxes, which feature 4 to 8 jarred meals that only need heating and a side dish. All meals are designed to be healthy and are packaged in biodegradable boxes, aligning with the company's commitment to sustainability. Simple Feast aims to simplify plant-based cooking for consumers by offering ready-to-eat options curated by chefs and food experts, ensuring convenience without compromising on nutrition.

Uizard

Seed Round in 2018
Uizard, established in 2017 and headquartered in Copenhagen, Denmark, specializes in AI-driven design tools. Its flagship product, launched in 2018, empowers users to create and prototype user interfaces for web and mobile applications using an intuitive drag-and-drop editor. Uizard's AI capabilities extend to converting text prompts into UI designs, transforming hand-drawn sketches into wireframes, and even generating editable designs from screenshots. The platform offers a vast library of pre-made design templates and UI components, fostering rapid and collaborative design processes.
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