Creandum

Creandum is a prominent European venture capital firm, established in 2003 and headquartered in Stockholm, with additional offices in California and Berlin. The firm specializes in early-stage and growth-stage investments, primarily targeting innovative technology companies within the consumer, software, and hardware sectors. Over the past decade, Creandum has invested in more than 80 companies, including notable names such as Spotify, iZettle, Small Giant Games, Kry, and Depop. Its focus extends across Western Europe and North America, emphasizing its commitment to fostering fast-growing enterprises in the technology landscape.

Gemma Bloemen

Principal

Daniel Blomquist

Operating Partner

Johan Brenner

General Partner

Fredrik Cassel

General Partner

Carl Fritjofsson

General Partner

Max Grohmann

Associate

Staffan Helgesson

General Partner

Iris Hendriks

Associate

Beata Klein

Associate

Lauri Lehtmaa

Investor

Asa Lindencrona

Chief Financial Officer

Simon Schmincke

General Partner

Peter Specht

Partner

Jonathan Teklu

Venture Partner

Sanna Westman

Investment Manager

Sabina Wizander

Partner

Past deals in Scandinavia

Gilion

Funding Round in 2022
ArK is a precision financing company that empowers technology businesses to grow faster, enables owners to maintain control, and reduces risk for investors. ArK is founded by a world-class AI technology developer, a six-time-founder, and the veteran banker you always wanted.

Gilion

Seed Round in 2022
ArK is a precision financing company that empowers technology businesses to grow faster, enables owners to maintain control, and reduces risk for investors. ArK is founded by a world-class AI technology developer, a six-time-founder, and the veteran banker you always wanted.

Pleo

Series C in 2021
Pleo Technologies ApS is a financial technology company that provides prepaid MasterCard virtual and physical cards designed for businesses in Denmark and the United Kingdom. Founded in 2015 by Jeppe Rindom and Niccolo Perra, Pleo aims to simplify business spending through its user-friendly platform, which includes a mobile and web app for tracking expenses and managing users. The company's cards are widely accepted by merchants globally, and they are paired with tools to provide real-time analytics, automate bookkeeping, and generate automatic expense reports, thereby enhancing visibility over company spending. Pleo operates from offices in London and Copenhagen, supporting its mission to revolutionize expense management for modern teams.

Cake Bikes

Series B in 2021
Light, clean and silent – CAKE develops uncompromising high performance electric off-road motorcycles.

Cake Bikes

Convertible Note in 2021
Light, clean and silent – CAKE develops uncompromising high performance electric off-road motorcycles.

Resolution Games

Series C in 2021
Resolution Games AB is a gaming studio based in Stockholm, Sweden, founded in 2015. The company specializes in developing virtual reality (VR) and augmented reality (AR) games, aiming to create immersive experiences for players. With a team of industry experts, Resolution Games focuses on producing a diverse catalog of titles that enhance the sense of presence and engagement through cutting-edge technology. The studio's games are designed to be available across multiple platforms, catering to a wide audience of gaming enthusiasts.

Pleo

Series C in 2021
Pleo Technologies ApS is a financial technology company that provides prepaid MasterCard virtual and physical cards designed for businesses in Denmark and the United Kingdom. Founded in 2015 by Jeppe Rindom and Niccolo Perra, Pleo aims to simplify business spending through its user-friendly platform, which includes a mobile and web app for tracking expenses and managing users. The company's cards are widely accepted by merchants globally, and they are paired with tools to provide real-time analytics, automate bookkeeping, and generate automatic expense reports, thereby enhancing visibility over company spending. Pleo operates from offices in London and Copenhagen, supporting its mission to revolutionize expense management for modern teams.

Xeneta

Series C in 2021
Xeneta AS, founded in 2012 and based in Oslo, Norway, specializes in web-based solutions for the global shipping industry, focusing on containerized ocean freight. The company offers two primary products: Xeneta Insights, tailored for small and medium-sized enterprises, and Xeneta Intelligence, designed for larger volume shipping companies. Its platform provides users with access to over 45 million spot and long-term contracted freight rates across more than 160,000 trade lanes, enabling them to benchmark their shipping costs effectively. By delivering real-time pricing transparency and data-driven insights, Xeneta helps businesses identify, understand, and optimize their freight rates, ensuring they remain competitive in the dynamic shipping market.

Kry

Series D in 2021
KRY is a digital health company that offers an innovative app for accessing healthcare services through video consultations with doctors and therapists. This platform allows users to connect with qualified health professionals anytime and anywhere using their smartphones or tablets. As the market leader in Sweden, KRY is the only CE-certified app for video consultations, which enhances convenience for patients and alleviates the burden on traditional healthcare systems. By facilitating timely access to medical advice, KRY aims to improve healthcare delivery and ensure that those who need it most receive better care.

Kive

Seed Round in 2020
Kive is a Stockholm-based company founded in 2018 that specializes in creating an AI-driven platform for managing visual assets. The platform utilizes machine learning to automatically categorize and organize content based on various attributes, including styles, environments, objects, lighting, actions, faces, and shot types. This enables creatives such as filmmakers, designers, and e-commerce brands to efficiently build and maintain a self-organizing library of visual assets. Additionally, Kive facilitates easy sharing of these assets, serving as both a portfolio and presentation tool while also connecting to social media platforms.

Voi

Series C in 2020
Voi Technology is a provider of mobility services specializing in electric scooters for urban commuters. Founded in 2018 and headquartered in Stockholm, Sweden, the company aims to create a network of electric scooters to offer an affordable and sustainable commuting option. Voi's services are accessible through a mobile application, enabling users to rent scooters conveniently with options for day passes or monthly subscriptions. By promoting the use of electric vehicles, Voi seeks to help individuals reduce their carbon footprint and contribute to more sustainable urban transportation systems.

Firstvet

Series C in 2020
FirstVet AB is a digital veterinary clinic established in 2016 and headquartered in Stockholm, Sweden. The company provides a video consultation platform that connects pet owners with veterinarians through a mobile application and website. FirstVet offers a range of services, including advice on animal health, behavioral counseling, and feeding recommendations, as well as the ability to prescribe medication. The platform is designed to offer a convenient alternative to traditional veterinary clinic visits, allowing users to determine the necessity of in-person consultations for various pet health issues. FirstVet caters to small animals, farm animals, and horses, making it a versatile resource for pet care.

Good Monday

Seed Round in 2020
A well-managed office increases effectivity, raises morale and inspires great work culture. But, managing the office is time consuming and involves stressful coordination and administration of many services and putting out fires, thus robbing management and employees of their valuable time. The Good Monday platform allows access to a personal dashboard on the go, giving a full overview of services, expenses and orders. Now you can focus on running your business and not the office.

BLAST Premier

Venture Round in 2020
BLAST Premier is an esports entertainment company that specializes in broadcast studio shows, arena events, and online content.

Bokio

Venture Round in 2020
Bokio AB is a Swedish company based in Gothenburg, established in 2015, that specializes in developing and marketing accounting software tailored for small business owners. The software facilitates bookkeeping, invoicing, and payroll services through the use of artificial intelligence, allowing users to manage their financial tasks independently. In addition to its core accounting features, Bokio functions as a marketplace, offering additional services that simplify various aspects of running a small business. These services include assistance in finding optimal insurance and pension solutions, as well as options for invoice sales to enhance liquidity. Bokio also provides services for sending payslips and invoices by handling printing, envelopes, and postage.

Mavenoid

Series A in 2020
Mavenoid is a computer software company that features a troubleshooting software that helps its users to locate malfunctions and provides guidelines on how to fix it. Its platform specializes in machine troubleshooting such as lawnmowers to cranes. The company was founded in 2017 and headquartered in Stockholms Lan, Sweden.

Kry

Series C in 2020
KRY is a digital health company that offers an innovative app for accessing healthcare services through video consultations with doctors and therapists. This platform allows users to connect with qualified health professionals anytime and anywhere using their smartphones or tablets. As the market leader in Sweden, KRY is the only CE-certified app for video consultations, which enhances convenience for patients and alleviates the burden on traditional healthcare systems. By facilitating timely access to medical advice, KRY aims to improve healthcare delivery and ensure that those who need it most receive better care.

Firstvet

Series B in 2019
FirstVet AB is a digital veterinary clinic established in 2016 and headquartered in Stockholm, Sweden. The company provides a video consultation platform that connects pet owners with veterinarians through a mobile application and website. FirstVet offers a range of services, including advice on animal health, behavioral counseling, and feeding recommendations, as well as the ability to prescribe medication. The platform is designed to offer a convenient alternative to traditional veterinary clinic visits, allowing users to determine the necessity of in-person consultations for various pet health issues. FirstVet caters to small animals, farm animals, and horses, making it a versatile resource for pet care.

Cake Bikes

Series A in 2019
Light, clean and silent – CAKE develops uncompromising high performance electric off-road motorcycles.

Epidemic Sound

Venture Round in 2019
Epidemic Sound is a Swedish based music company soundtracking the new generation of video creators. By working directly with composers and owning the music 100%, the company has built a model perfect for online video. Customers subscribe for unlimited use or license individual tracks. All music usage includes clearance on all platforms, worldwide, for all time. The company's catalogue has over 30 000 tracks, spaning over 180 genres, in prime time broadcast quality. Epidemic Sound was founded on 2009 and is headquartered in Stockholms, Sweden.

Pleo

Series B in 2019
Pleo Technologies ApS is a financial technology company that provides prepaid MasterCard virtual and physical cards designed for businesses in Denmark and the United Kingdom. Founded in 2015 by Jeppe Rindom and Niccolo Perra, Pleo aims to simplify business spending through its user-friendly platform, which includes a mobile and web app for tracking expenses and managing users. The company's cards are widely accepted by merchants globally, and they are paired with tools to provide real-time analytics, automate bookkeeping, and generate automatic expense reports, thereby enhancing visibility over company spending. Pleo operates from offices in London and Copenhagen, supporting its mission to revolutionize expense management for modern teams.

Xeneta

Venture Round in 2019
Xeneta AS, founded in 2012 and based in Oslo, Norway, specializes in web-based solutions for the global shipping industry, focusing on containerized ocean freight. The company offers two primary products: Xeneta Insights, tailored for small and medium-sized enterprises, and Xeneta Intelligence, designed for larger volume shipping companies. Its platform provides users with access to over 45 million spot and long-term contracted freight rates across more than 160,000 trade lanes, enabling them to benchmark their shipping costs effectively. By delivering real-time pricing transparency and data-driven insights, Xeneta helps businesses identify, understand, and optimize their freight rates, ensuring they remain competitive in the dynamic shipping market.

Voi

Series A in 2019
Voi Technology is a provider of mobility services specializing in electric scooters for urban commuters. Founded in 2018 and headquartered in Stockholm, Sweden, the company aims to create a network of electric scooters to offer an affordable and sustainable commuting option. Voi's services are accessible through a mobile application, enabling users to rent scooters conveniently with options for day passes or monthly subscriptions. By promoting the use of electric vehicles, Voi seeks to help individuals reduce their carbon footprint and contribute to more sustainable urban transportation systems.

Toit

Seed Round in 2019
Toitware make it easier to develop, deploy, secure, maintain and distribute apps with a modern software platform.

Good Monday

Seed Round in 2018
A well-managed office increases effectivity, raises morale and inspires great work culture. But, managing the office is time consuming and involves stressful coordination and administration of many services and putting out fires, thus robbing management and employees of their valuable time. The Good Monday platform allows access to a personal dashboard on the go, giving a full overview of services, expenses and orders. Now you can focus on running your business and not the office.

RFRSH ApS

Venture Round in 2018
RFRSH ApS is an esports marketing and media rights company based in Copenhagen, Denmark, founded in 2016. The company specializes in developing commercial and marketing strategies for esports teams, particularly focusing on the popular game Counter-Strike. RFRSH ApS collaborates with a range of established organizations and emerging player-owned teams to enhance their brand visibility and sports performance. By representing the commercial and media rights of these teams, RFRSH connects them with leading global brands for sponsorship and marketing agreements, thereby facilitating their growth and success in the competitive esports landscape.

Neo4j

Series E in 2018
Neo4j, Inc. develops a leading graph database platform designed to connect diverse community deployments and customers, enabling the exploration of interrelationships among people, processes, locations, and systems. This platform addresses various data challenges and supports applications in areas such as artificial intelligence, analytics, fraud detection, identity and access management, knowledge graphs, master data management, IT operations, risk compliance, recommendation engines, and social networking. Neo4j serves a wide range of industries, including financial services, retail, government, and telecommunications. Founded in 2007 and headquartered in San Mateo, California, the company has expanded its presence with additional offices in Sweden, the United Kingdom, and France, solidifying its position as a prominent player in the graph database market.

Resolution Games

Series B in 2018
Resolution Games AB is a gaming studio based in Stockholm, Sweden, founded in 2015. The company specializes in developing virtual reality (VR) and augmented reality (AR) games, aiming to create immersive experiences for players. With a team of industry experts, Resolution Games focuses on producing a diverse catalog of titles that enhance the sense of presence and engagement through cutting-edge technology. The studio's games are designed to be available across multiple platforms, catering to a wide audience of gaming enthusiasts.

Mavenoid

Seed Round in 2018
Mavenoid is a computer software company that features a troubleshooting software that helps its users to locate malfunctions and provides guidelines on how to fix it. Its platform specializes in machine troubleshooting such as lawnmowers to cranes. The company was founded in 2017 and headquartered in Stockholms Lan, Sweden.

Planday

Series C in 2018
Planday bring down staff costs by 5%, reduce administration time by 75% and increase employee satisfaction by 20%. Planday is used by different sized companies in a variety of industries such as Restaurants, Hotels, Retailers, Call Centres, Fitness clubs, etc. Want to know more about Planday? Visit planday.com today.

Firstvet

Series A in 2018
FirstVet AB is a digital veterinary clinic established in 2016 and headquartered in Stockholm, Sweden. The company provides a video consultation platform that connects pet owners with veterinarians through a mobile application and website. FirstVet offers a range of services, including advice on animal health, behavioral counseling, and feeding recommendations, as well as the ability to prescribe medication. The platform is designed to offer a convenient alternative to traditional veterinary clinic visits, allowing users to determine the necessity of in-person consultations for various pet health issues. FirstVet caters to small animals, farm animals, and horses, making it a versatile resource for pet care.

Kry

Series B in 2018
KRY is a digital health company that offers an innovative app for accessing healthcare services through video consultations with doctors and therapists. This platform allows users to connect with qualified health professionals anytime and anywhere using their smartphones or tablets. As the market leader in Sweden, KRY is the only CE-certified app for video consultations, which enhances convenience for patients and alleviates the burden on traditional healthcare systems. By facilitating timely access to medical advice, KRY aims to improve healthcare delivery and ensure that those who need it most receive better care.

Pleo

Series A in 2018
Pleo Technologies ApS is a financial technology company that provides prepaid MasterCard virtual and physical cards designed for businesses in Denmark and the United Kingdom. Founded in 2015 by Jeppe Rindom and Niccolo Perra, Pleo aims to simplify business spending through its user-friendly platform, which includes a mobile and web app for tracking expenses and managing users. The company's cards are widely accepted by merchants globally, and they are paired with tools to provide real-time analytics, automate bookkeeping, and generate automatic expense reports, thereby enhancing visibility over company spending. Pleo operates from offices in London and Copenhagen, supporting its mission to revolutionize expense management for modern teams.

Instabridge

Venture Round in 2018
Instabridge AB is a Stockholm-based company founded in 2012 that develops a mobile application designed to facilitate the sharing and discovery of Wi-Fi networks. Initially created to allow users to share their home Wi-Fi with friends on Facebook, the app has evolved into a broader platform focused on building a global Wi-Fi sharing community, particularly in developing markets like Brazil and Mexico, where cellular data costs are high. The Instabridge application enables users to share Wi-Fi network details without revealing passwords, creating a crowdsourced database of Wi-Fi hotspots. This includes both user-shared networks and known public venues with free Wi-Fi, such as McDonald's and Starbucks, enhancing accessibility for users in urban environments.

Kahoot

Series B in 2018
Kahoot is a game-based learning platform founded in 2012 by a team of co-founders in Oslo, Norway. It enables individuals and organizations to easily create, share, and play engaging learning games and trivia quizzes across various subjects and languages. The platform is accessible on any device with an internet connection, allowing users to participate in games both in-person and virtually. Kahoot aims to enhance the learning experience by promoting social interaction and active participation, making it appealing to educators, students, and corporate entities alike. Its user-friendly features foster a dynamic and meaningful educational environment, catering to learners of all ages.

Small Giant Games

Venture Round in 2018
Small Giant Games was founded in early 2013 with the belief that small, talented teams can do extraordinary things. We bring years of experience to the table, with a crew of top players in game development, software engineering and graphic design. We’re based right in the heart of downtown Helsinki, Finland.

Kahoot

Series A in 2017
Kahoot is a game-based learning platform founded in 2012 by a team of co-founders in Oslo, Norway. It enables individuals and organizations to easily create, share, and play engaging learning games and trivia quizzes across various subjects and languages. The platform is accessible on any device with an internet connection, allowing users to participate in games both in-person and virtually. Kahoot aims to enhance the learning experience by promoting social interaction and active participation, making it appealing to educators, students, and corporate entities alike. Its user-friendly features foster a dynamic and meaningful educational environment, catering to learners of all ages.

Bokio

Seed Round in 2017
Bokio AB is a Swedish company based in Gothenburg, established in 2015, that specializes in developing and marketing accounting software tailored for small business owners. The software facilitates bookkeeping, invoicing, and payroll services through the use of artificial intelligence, allowing users to manage their financial tasks independently. In addition to its core accounting features, Bokio functions as a marketplace, offering additional services that simplify various aspects of running a small business. These services include assistance in finding optimal insurance and pension solutions, as well as options for invoice sales to enhance liquidity. Bokio also provides services for sending payslips and invoices by handling printing, envelopes, and postage.

Kry

Series A in 2017
KRY is a digital health company that offers an innovative app for accessing healthcare services through video consultations with doctors and therapists. This platform allows users to connect with qualified health professionals anytime and anywhere using their smartphones or tablets. As the market leader in Sweden, KRY is the only CE-certified app for video consultations, which enhances convenience for patients and alleviates the burden on traditional healthcare systems. By facilitating timely access to medical advice, KRY aims to improve healthcare delivery and ensure that those who need it most receive better care.

RFRSH ApS

Venture Round in 2017
RFRSH ApS is an esports marketing and media rights company based in Copenhagen, Denmark, founded in 2016. The company specializes in developing commercial and marketing strategies for esports teams, particularly focusing on the popular game Counter-Strike. RFRSH ApS collaborates with a range of established organizations and emerging player-owned teams to enhance their brand visibility and sports performance. By representing the commercial and media rights of these teams, RFRSH connects them with leading global brands for sponsorship and marketing agreements, thereby facilitating their growth and success in the competitive esports landscape.

Planday

Series B in 2017
Planday bring down staff costs by 5%, reduce administration time by 75% and increase employee satisfaction by 20%. Planday is used by different sized companies in a variety of industries such as Restaurants, Hotels, Retailers, Call Centres, Fitness clubs, etc. Want to know more about Planday? Visit planday.com today.

Small Giant Games

Series A in 2017
Small Giant Games was founded in early 2013 with the belief that small, talented teams can do extraordinary things. We bring years of experience to the table, with a crew of top players in game development, software engineering and graphic design. We’re based right in the heart of downtown Helsinki, Finland.

Klarna

Venture Round in 2017
Klarna Bank AB, founded in 2005 and headquartered in Stockholm, Sweden, specializes in providing payment and shopping solutions for consumers and merchants both online and in-store across several countries, including Sweden, Germany, Austria, Switzerland, and Norway. The company offers a variety of payment options, such as card payments, direct banking, and innovative solutions like "buy now, pay later," which allows consumers to finance purchases interest-free over installments. Klarna's services extend to merchants, providing technology, credit risk management, and customer administration solutions to enhance their eCommerce capabilities. As a regulated bank, Klarna is recognized for its flexible payment solutions that empower shoppers to choose how and when they pay, thereby improving the overall shopping experience.

Armada Interactive

Seed Round in 2017
Armada Interactive Oy is a mobile game development company based in Helsinki, Finland, founded in 2015. The firm specializes in creating next-generation core mobile games, focusing on the development of high-quality, freemium, and real-time multiplayer experiences. Armada Interactive aims to offer players a uniquely engaging gaming experience that combines challenge and entertainment, ensuring that mobile accessibility does not compromise the quality of gameplay.

Soundtrack Your Brand

Series C in 2017
Soundtrack Your Brand is a Spotify joint venture and the exclusive provider of Spotify Business and Spotify Enterprise. We connect brands and fans, and our vision is to grow the music market and thereby support artists, so that they can give the world more great music

Pleo

Seed Round in 2017
Pleo Technologies ApS is a financial technology company that provides prepaid MasterCard virtual and physical cards designed for businesses in Denmark and the United Kingdom. Founded in 2015 by Jeppe Rindom and Niccolo Perra, Pleo aims to simplify business spending through its user-friendly platform, which includes a mobile and web app for tracking expenses and managing users. The company's cards are widely accepted by merchants globally, and they are paired with tools to provide real-time analytics, automate bookkeeping, and generate automatic expense reports, thereby enhancing visibility over company spending. Pleo operates from offices in London and Copenhagen, supporting its mission to revolutionize expense management for modern teams.

Xeneta

Series B in 2017
Xeneta AS, founded in 2012 and based in Oslo, Norway, specializes in web-based solutions for the global shipping industry, focusing on containerized ocean freight. The company offers two primary products: Xeneta Insights, tailored for small and medium-sized enterprises, and Xeneta Intelligence, designed for larger volume shipping companies. Its platform provides users with access to over 45 million spot and long-term contracted freight rates across more than 160,000 trade lanes, enabling them to benchmark their shipping costs effectively. By delivering real-time pricing transparency and data-driven insights, Xeneta helps businesses identify, understand, and optimize their freight rates, ensuring they remain competitive in the dynamic shipping market.

Neo4j

Series D in 2016
Neo4j, Inc. develops a leading graph database platform designed to connect diverse community deployments and customers, enabling the exploration of interrelationships among people, processes, locations, and systems. This platform addresses various data challenges and supports applications in areas such as artificial intelligence, analytics, fraud detection, identity and access management, knowledge graphs, master data management, IT operations, risk compliance, recommendation engines, and social networking. Neo4j serves a wide range of industries, including financial services, retail, government, and telecommunications. Founded in 2007 and headquartered in San Mateo, California, the company has expanded its presence with additional offices in Sweden, the United Kingdom, and France, solidifying its position as a prominent player in the graph database market.

KNL Networks (Kyynel Ltd)

Series A in 2016
Since day one Kyynel Ltd has focused on advanced high frequency (HF) wireless systems. Working in the field of wireless telecommunication systems, we are utilizing the latest software defined radio and cognitive radio technologies. But we are not just another high tech company making fancy stuff for engineers. We, at Kyynel, would like you to feel the same kind of user experience as the users of the original Kyynel radio did back in the 1940’s. Back then, Kyynel was widely regarded as the most advanced HF-radio of its time – boasting not only top notch tech specs, but also an unparalleled ease of use. Stay tuned for a new revelation of HF-radio

Kahoot

Series A in 2016
Kahoot is a game-based learning platform founded in 2012 by a team of co-founders in Oslo, Norway. It enables individuals and organizations to easily create, share, and play engaging learning games and trivia quizzes across various subjects and languages. The platform is accessible on any device with an internet connection, allowing users to participate in games both in-person and virtually. Kahoot aims to enhance the learning experience by promoting social interaction and active participation, making it appealing to educators, students, and corporate entities alike. Its user-friendly features foster a dynamic and meaningful educational environment, catering to learners of all ages.

iZettle

Series D in 2016
iZettle is reinventing technologies and banking services that help small-business owners live better, work less and earn more. Based in Stockholm, the financial technology company revolutionized mobile payments in 2010 with the world’s first mini chip card reader and software for mobile devices. Today, small-business owners around the world use iZettle’s powerfully simple services to improve the speed and ease of payments at checkout, business management, sales analytics, customer engagement, and funding

Futureplay Ltd.

Venture Round in 2016
Futureplay Ltd. develops and builds games for mobile phones and tablets. It focuses on creating ‘view-to-play’ games broadly accessible with ad-based monetization. The company was founded in 2015 and is based in Helsinki, Finland.

Kry

Seed Round in 2016
KRY is a digital health company that offers an innovative app for accessing healthcare services through video consultations with doctors and therapists. This platform allows users to connect with qualified health professionals anytime and anywhere using their smartphones or tablets. As the market leader in Sweden, KRY is the only CE-certified app for video consultations, which enhances convenience for patients and alleviates the burden on traditional healthcare systems. By facilitating timely access to medical advice, KRY aims to improve healthcare delivery and ensure that those who need it most receive better care.

Planday

Series B in 2016
Planday bring down staff costs by 5%, reduce administration time by 75% and increase employee satisfaction by 20%. Planday is used by different sized companies in a variety of industries such as Restaurants, Hotels, Retailers, Call Centres, Fitness clubs, etc. Want to know more about Planday? Visit planday.com today.

Futureplay Ltd.

Seed Round in 2015
Futureplay Ltd. develops and builds games for mobile phones and tablets. It focuses on creating ‘view-to-play’ games broadly accessible with ad-based monetization. The company was founded in 2015 and is based in Helsinki, Finland.

Instabridge

Series A in 2015
Instabridge AB is a Stockholm-based company founded in 2012 that develops a mobile application designed to facilitate the sharing and discovery of Wi-Fi networks. Initially created to allow users to share their home Wi-Fi with friends on Facebook, the app has evolved into a broader platform focused on building a global Wi-Fi sharing community, particularly in developing markets like Brazil and Mexico, where cellular data costs are high. The Instabridge application enables users to share Wi-Fi network details without revealing passwords, creating a crowdsourced database of Wi-Fi hotspots. This includes both user-shared networks and known public venues with free Wi-Fi, such as McDonald's and Starbucks, enhancing accessibility for users in urban environments.

Resolution Games

Series A in 2015
Resolution Games AB is a gaming studio based in Stockholm, Sweden, founded in 2015. The company specializes in developing virtual reality (VR) and augmented reality (AR) games, aiming to create immersive experiences for players. With a team of industry experts, Resolution Games focuses on producing a diverse catalog of titles that enhance the sense of presence and engagement through cutting-edge technology. The studio's games are designed to be available across multiple platforms, catering to a wide audience of gaming enthusiasts.

Tictail

Series B in 2015
Tictail AB is an online platform that facilitates the creation of e-commerce stores for independent brands and retailers. Founded in 2011 and based in Stockholm, Sweden, Tictail provides a user-friendly, do-it-yourself tool that empowers small business owners to establish a global online presence without requiring coding or web design skills. The platform emphasizes community integration and offers customizable designs, enhancing the shopping experience for users. Tictail serves as a social shopping destination, enabling consumers to discover and purchase unique home decor and fashion items from a diverse array of emerging designers. As of November 2018, Tictail operates as a subsidiary of Shopify Inc.

Soundtrack Your Brand

Series B in 2015
Soundtrack Your Brand is a Spotify joint venture and the exclusive provider of Spotify Business and Spotify Enterprise. We connect brands and fans, and our vision is to grow the music market and thereby support artists, so that they can give the world more great music

Forza Football

Secondary Market in 2015
Football Addicts aim to democratize football and lift the voice of the fans worldwide. Their most famous product to date is Forza Football which has three million active monthly users in the world. As well as being a live score app known and loved internationally, Forza Football is simultaneously changing the face of football by liberating and sharing the collective opinion of fans from all over the world.

Xeneta

Series A in 2015
Xeneta AS, founded in 2012 and based in Oslo, Norway, specializes in web-based solutions for the global shipping industry, focusing on containerized ocean freight. The company offers two primary products: Xeneta Insights, tailored for small and medium-sized enterprises, and Xeneta Intelligence, designed for larger volume shipping companies. Its platform provides users with access to over 45 million spot and long-term contracted freight rates across more than 160,000 trade lanes, enabling them to benchmark their shipping costs effectively. By delivering real-time pricing transparency and data-driven insights, Xeneta helps businesses identify, understand, and optimize their freight rates, ensuring they remain competitive in the dynamic shipping market.

KnCMiner

Series B in 2015
We bring new Bitcoin miners alive! KnCMiner focuses on producing miners for cryptocurrencies. We are a Swedish company with long expertise within the ASIC and FPGA field. Have a look at our website for more information of our company and products.

Neo4j

Series C in 2015
Neo4j, Inc. develops a leading graph database platform designed to connect diverse community deployments and customers, enabling the exploration of interrelationships among people, processes, locations, and systems. This platform addresses various data challenges and supports applications in areas such as artificial intelligence, analytics, fraud detection, identity and access management, knowledge graphs, master data management, IT operations, risk compliance, recommendation engines, and social networking. Neo4j serves a wide range of industries, including financial services, retail, government, and telecommunications. Founded in 2007 and headquartered in San Mateo, California, the company has expanded its presence with additional offices in Sweden, the United Kingdom, and France, solidifying its position as a prominent player in the graph database market.

Small Giant Games

Seed Round in 2014
Small Giant Games was founded in early 2013 with the belief that small, talented teams can do extraordinary things. We bring years of experience to the table, with a crew of top players in game development, software engineering and graphic design. We’re based right in the heart of downtown Helsinki, Finland.

Instabridge

Venture Round in 2014
Instabridge AB is a Stockholm-based company founded in 2012 that develops a mobile application designed to facilitate the sharing and discovery of Wi-Fi networks. Initially created to allow users to share their home Wi-Fi with friends on Facebook, the app has evolved into a broader platform focused on building a global Wi-Fi sharing community, particularly in developing markets like Brazil and Mexico, where cellular data costs are high. The Instabridge application enables users to share Wi-Fi network details without revealing passwords, creating a crowdsourced database of Wi-Fi hotspots. This includes both user-shared networks and known public venues with free Wi-Fi, such as McDonald's and Starbucks, enhancing accessibility for users in urban environments.

KnCMiner

Series A in 2014
We bring new Bitcoin miners alive! KnCMiner focuses on producing miners for cryptocurrencies. We are a Swedish company with long expertise within the ASIC and FPGA field. Have a look at our website for more information of our company and products.

Narrative

Series B in 2014
Narrative is an innovative market leader in wearable cameras and intelligent image analysis. The Narrative Clip is an automatic, stamp-sized camera that the user clips on to her clothes to capture photos and location data without conscious interaction. Narrative’s image analysis service analyzes the photos and data and serves the user with her most meaningful and memorable moments in a mobile app photo stream. Narrative was founded by Martin Källström, Oskar Kalmaru, Björn Wesén and Simon Pantzare, Sebastian Björkelid March 1, 2012. It is headquartered in Linköping, Sweden, with additional offices in Sweden (Stockholm and Lund) and the United States (San Francisco). As of April 2014, the company has 45 employees.

Autobutler

Series B in 2014
Autobutler provides information on automobile repair service providers that helps users in comparing service costs. It is a Danish online service where car owners make requests for quotes on their repairs and service – directly from the mechanics. Users describe what they need to get done on their car and where in the country they are willing to drive. Mechanics in that zone will then see the job in their lead-list and are able to bid on the job. After a repair or service is carried out, users can share ratings on the mechanic.

Hansoft

Series A in 2014
Hansoft AB specializes in agile tools designed for team collaboration, project management, and defect tracking within agile software development. Established in 2002 and headquartered in Uppsala, Sweden, with an additional office in San Francisco, the company offers a comprehensive feature set that includes Agile Application Lifecycle Management, Product Portfolio and Program Management, and Social Collaboration. Hansoft's solutions support various methodologies such as Scrum and Kanban, enabling users to manage tasks like collaborative Gantt scheduling, defect tracking, real-time reporting, and long-term planning. The platform is utilized across diverse industries, including aerospace, game development, telecommunications, and cloud services, catering to organizations of different sizes on a global scale. As of 2017, Hansoft operates as a subsidiary of Perforce Software Inc.

Epidemic Sound

Series A in 2014
Epidemic Sound is a Swedish based music company soundtracking the new generation of video creators. By working directly with composers and owning the music 100%, the company has built a model perfect for online video. Customers subscribe for unlimited use or license individual tracks. All music usage includes clearance on all platforms, worldwide, for all time. The company's catalogue has over 30 000 tracks, spaning over 180 genres, in prime time broadcast quality. Epidemic Sound was founded on 2009 and is headquartered in Stockholms, Sweden.

Spotify

Secondary Market in 2014
Spotify AB, founded in 2006 and headquartered in Stockholm, Sweden, offers a digital music streaming service that provides on-demand access to a vast catalog of songs and podcasts across various devices, including computers, mobiles, and home entertainment systems. Subscribers can explore music collections from friends, artists, and celebrities, create personalized playlists, and share their music selections through social media platforms. The service operates under two segments: Premium, which offers ad-free streaming, and Ad-Supported, which allows users to access content without a subscription fee. As of early 2020, Spotify had approximately 286 million monthly active users, including 130 million premium subscribers, across around 79 countries and territories. In addition to its streaming services, Spotify supports artists by enabling them to promote their music and connect with fans. The company also engages in research and development activities, with operations extending globally, including significant presence in Europe, North America, and Asia.

iZettle

Series C in 2014
iZettle is reinventing technologies and banking services that help small-business owners live better, work less and earn more. Based in Stockholm, the financial technology company revolutionized mobile payments in 2010 with the world’s first mini chip card reader and software for mobile devices. Today, small-business owners around the world use iZettle’s powerfully simple services to improve the speed and ease of payments at checkout, business management, sales analytics, customer engagement, and funding

Planday

Series A in 2014
Planday bring down staff costs by 5%, reduce administration time by 75% and increase employee satisfaction by 20%. Planday is used by different sized companies in a variety of industries such as Restaurants, Hotels, Retailers, Call Centres, Fitness clubs, etc. Want to know more about Planday? Visit planday.com today.

Xeneta

Seed Round in 2014
Xeneta AS, founded in 2012 and based in Oslo, Norway, specializes in web-based solutions for the global shipping industry, focusing on containerized ocean freight. The company offers two primary products: Xeneta Insights, tailored for small and medium-sized enterprises, and Xeneta Intelligence, designed for larger volume shipping companies. Its platform provides users with access to over 45 million spot and long-term contracted freight rates across more than 160,000 trade lanes, enabling them to benchmark their shipping costs effectively. By delivering real-time pricing transparency and data-driven insights, Xeneta helps businesses identify, understand, and optimize their freight rates, ensuring they remain competitive in the dynamic shipping market.

Tictail

Series A in 2014
Tictail AB is an online platform that facilitates the creation of e-commerce stores for independent brands and retailers. Founded in 2011 and based in Stockholm, Sweden, Tictail provides a user-friendly, do-it-yourself tool that empowers small business owners to establish a global online presence without requiring coding or web design skills. The platform emphasizes community integration and offers customizable designs, enhancing the shopping experience for users. Tictail serves as a social shopping destination, enabling consumers to discover and purchase unique home decor and fashion items from a diverse array of emerging designers. As of November 2018, Tictail operates as a subsidiary of Shopify Inc.

For The Vint AB

Seed Round in 2014
Vint helps fitness providers grow their business through creating a strong community amongst its members directly in their management software = More business, less administration for our clients. The biggest problem in the fitness industry is member churn with an average of 50% member loss on a yearly basis why the management system is built to actively solve this issue by integrating social and growth components around the triggering events, simply by handling everyday tasks such as scheduling, bookings, and payment. Vint is sold as a SaaS platform with clients across the US, Sweden and Australia.

PlayRaven

Seed Round in 2014
PlayRaven Oy is an independent game development company based in Helsinki, Finland, founded in 2013 by five industry veterans with extensive experience in AAA console, mobile, and free-to-play games. The studio specializes in creating original strategy games designed for touch screens, as well as providing outsourcing services. PlayRaven has released over 50 game titles, including notable successes from various renowned studios. As of November 30, 2018, PlayRaven operates as a subsidiary of Rovio Entertainment.

Wrapp

Series B in 2013
THE NEW STANDARD HAS ARRIVED. Wrapp is The New Standard for rewarding purchases and customer loyalty. The end to an era of irrelevant advertising and outdated memberships. Wrapp connects to our users’ payment cards, and analyzes transactions to learn their buying behavior. This way, our users only get rewards from brands they're interested in. And by sticking to cashback returns, we make sure they get rewards they actually find useful. Simply put, we put purchasing power in the hands of consumers, and meaningful marketing in the hands of brands.

Dexplora

Venture Round in 2013
Dexplora creates mobile applications for enterprises giving making the life as an employee better.

Brisk

Seed Round in 2013
Brisk finds the fastest paths to sales for customers like Evernote, Hootsuite and Zendesk. Brisk Enterprise implements your sales process, converts all your sales tool data into next steps for sales reps and customizes workflow for every team and role. Brisk.io has launched its first product GetSalesDone, available in the Apple App Store, which integrates with Salesforce.com. The company is headquartered in Malmo, Sweden.

Xeneta

Seed Round in 2013
Xeneta AS, founded in 2012 and based in Oslo, Norway, specializes in web-based solutions for the global shipping industry, focusing on containerized ocean freight. The company offers two primary products: Xeneta Insights, tailored for small and medium-sized enterprises, and Xeneta Intelligence, designed for larger volume shipping companies. Its platform provides users with access to over 45 million spot and long-term contracted freight rates across more than 160,000 trade lanes, enabling them to benchmark their shipping costs effectively. By delivering real-time pricing transparency and data-driven insights, Xeneta helps businesses identify, understand, and optimize their freight rates, ensuring they remain competitive in the dynamic shipping market.

Nonstop Games

Seed Round in 2013
Nonstop Games is a gaming company that specializes in developing games for tablet and mobile platforms. Founded in 2011 by a team of experienced industry veterans, the company has released over 50 titles across various platforms, including mobile, Facebook, PC, and console. Nonstop Games operates offices in Finland, Singapore, and San Francisco, and is supported by investors such as Creandum and Lifeline Ventures.

Autobutler

Angel Round in 2012
Autobutler provides information on automobile repair service providers that helps users in comparing service costs. It is a Danish online service where car owners make requests for quotes on their repairs and service – directly from the mechanics. Users describe what they need to get done on their car and where in the country they are willing to drive. Mechanics in that zone will then see the job in their lead-list and are able to bid on the job. After a repair or service is carried out, users can share ratings on the mechanic.

13th Lab

Seed Round in 2012
13th Lab is developing the next generation computer vision platform for mobile devices. 13th Lab believes the camera has the potential to become the most important device sensor, and we are building the tools to enable this. Their platform is based on SLAM (Simultaneous Localization and Mapping). The technology was originally invented by NASA to be used by autonomous vehicles on space missions. The first application built on this platform (Ball Invasion) is now available in the iOS App Store for all iPad2 owners.

iZettle

Series B in 2012
iZettle is reinventing technologies and banking services that help small-business owners live better, work less and earn more. Based in Stockholm, the financial technology company revolutionized mobile payments in 2010 with the world’s first mini chip card reader and software for mobile devices. Today, small-business owners around the world use iZettle’s powerfully simple services to improve the speed and ease of payments at checkout, business management, sales analytics, customer engagement, and funding

Tripbirds

Seed Round in 2012
Tripbirds AB allows users to see and access 'travel related' updates online through their social networks. The company enables users to discover places and get recommendations from friends to plan a trip; and share information on favorite places. It also provides information on friends who have been there and the places they visited by collecting checkins and photos from Facebook, Foursqaure, and Instagram. The company was founded in 2011 and is based in Stockholm, Sweden.

Wrapp

Series A in 2012
THE NEW STANDARD HAS ARRIVED. Wrapp is The New Standard for rewarding purchases and customer loyalty. The end to an era of irrelevant advertising and outdated memberships. Wrapp connects to our users’ payment cards, and analyzes transactions to learn their buying behavior. This way, our users only get rewards from brands they're interested in. And by sticking to cashback returns, we make sure they get rewards they actually find useful. Simply put, we put purchasing power in the hands of consumers, and meaningful marketing in the hands of brands.

Wrapp

Series A in 2011
THE NEW STANDARD HAS ARRIVED. Wrapp is The New Standard for rewarding purchases and customer loyalty. The end to an era of irrelevant advertising and outdated memberships. Wrapp connects to our users’ payment cards, and analyzes transactions to learn their buying behavior. This way, our users only get rewards from brands they're interested in. And by sticking to cashback returns, we make sure they get rewards they actually find useful. Simply put, we put purchasing power in the hands of consumers, and meaningful marketing in the hands of brands.

iZettle

Series A in 2011
iZettle is reinventing technologies and banking services that help small-business owners live better, work less and earn more. Based in Stockholm, the financial technology company revolutionized mobile payments in 2010 with the world’s first mini chip card reader and software for mobile devices. Today, small-business owners around the world use iZettle’s powerfully simple services to improve the speed and ease of payments at checkout, business management, sales analytics, customer engagement, and funding

Linas Matkasse

Series A in 2011
Linas Matkasse of Sweden is a pioneer in the meal kit delivery space with a pan-Nordic presence in Sweden, Norway, Denmark and Finland. Total turnover of the company is around $170 million.

Cint

Series B in 2010
Cint, founded in 1998 in Stockholm, Sweden, operates as a global insight exchange that connects businesses with consumer data. The company maintains an online marketplace with 19 million registered consumers, enabling community owners to manage, monetize, and enhance their data. Cint specializes in providing software solutions that streamline the insights-gathering process for various clients, including research agencies and brands. Its platform allows these clients to access consumer insights efficiently and survey communities in real time, thereby delivering valuable information and audience scale. Through its innovative technology, Cint facilitates a more effective means of gathering and utilizing consumer insights in the digital landscape.

Nanoradio

Venture Round in 2010
Nanoradio AB, a fabless semiconductor company, provides wireless solutions for cellular handset and consumer electronics markets. It offers multimedia products, single chip system in package, wireless LAN products, mobile phone products, and chipsets. The company also provides software, including diagnostic tools and software development kits to design embedded applications. Nanoradio’s products are used in voice over IP in wireless phones, headsets, portable audio and stereo devices, handheld computing devices, PDAs, handheld digital video and still cameras, and mobile gaming platforms; and convergence mobile phones and consumer electronics. The company was founded in 2004 and is based in Kista, Sweden with sales offices in Korea, Japan, and the United States. Nanoradio AB operates as a subsidiary of Wireless Experience AB.

its learning

Venture Round in 2010
It's learning began life as a computer engineering project at Bergen University College in 1998. A group of students was puzzled by the fact that digital tools and the internet were rarely used in teaching, so for their final-year project, they created a computer program that would help connect teachers and students.

Nanoradio

Venture Round in 2009
Nanoradio AB, a fabless semiconductor company, provides wireless solutions for cellular handset and consumer electronics markets. It offers multimedia products, single chip system in package, wireless LAN products, mobile phone products, and chipsets. The company also provides software, including diagnostic tools and software development kits to design embedded applications. Nanoradio’s products are used in voice over IP in wireless phones, headsets, portable audio and stereo devices, handheld computing devices, PDAs, handheld digital video and still cameras, and mobile gaming platforms; and convergence mobile phones and consumer electronics. The company was founded in 2004 and is based in Kista, Sweden with sales offices in Korea, Japan, and the United States. Nanoradio AB operates as a subsidiary of Wireless Experience AB.

Edgeware

Series B in 2009
Edgeware provides server systems and associated technology for TV services over the Web and for TV on-demand services in Telco and cable network environments. Edgeware was founded in 2004 with the idea of merging delivery capability of on demand TV and video services into the service provider network, using highly efficient dedicated network appliances. The company is based in Stockholm, Sweden. Addressed applications include Time Shift TV, VoD, nPVR and Ad Insertion for cable and telco deployments, in addition to Web TV applications for CDNs, broadcasters and video service providers. By combining solid-state flash memory and hardware accelerated streaming, Edgeware offers a radically different approach to server architecture. The system solutions include dynamic asset propagation and service management, enabling fully distributable and scalable platforms that dramatically reduce investment and operational costs.

Spotify

Series A in 2008
Spotify AB, founded in 2006 and headquartered in Stockholm, Sweden, offers a digital music streaming service that provides on-demand access to a vast catalog of songs and podcasts across various devices, including computers, mobiles, and home entertainment systems. Subscribers can explore music collections from friends, artists, and celebrities, create personalized playlists, and share their music selections through social media platforms. The service operates under two segments: Premium, which offers ad-free streaming, and Ad-Supported, which allows users to access content without a subscription fee. As of early 2020, Spotify had approximately 286 million monthly active users, including 130 million premium subscribers, across around 79 countries and territories. In addition to its streaming services, Spotify supports artists by enabling them to promote their music and connect with fans. The company also engages in research and development activities, with operations extending globally, including significant presence in Europe, North America, and Asia.

Xtract

Series A in 2008
[Xtract]( http://www.xtract.com) is a social marketing and advertising intelligence firm. Xtract aims to help mobile and media companies that have large data flows to protect their existing revenue streams and also develop new ones.

Norstel

Venture Round in 2008
Norstel AB researches, develops, and manufactures conductive and semi insulating silicon carbide substrates. It also offers silicon carbide n-type and p-type epitaxy substrate. The company offers products for high performance semiconductors used in power and high-frequency electronics. It serves customers in Sweden and internationally. Jesperator AB changed its name to Norstel AB. The company was founded in 2005 and is based in Norrkoping, Sweden. As of February 6, 2019, Norstel AB operates as a subsidiary of STMicroelectronics N.V..

IPtronics A/S

Series B in 2008
IPtronics is a leader in optical interconnect component design for digital communications. IPtronics focuses on Parallel Optical Interconnects for the Computer Communications market. They have developed a chip technology that enables low cost, low power and small size optical interconnect solutions that computer manufactures will adopt in next generation systems to overcome the physical constraints from using copper-based connections over high speed interfaces and backplanes.