Founders

Founded in 2012, Founders is a startup studio based in Copenhagen, Denmark, that focuses on incubating and funding technology companies. The company partners with entrepreneurs who share a common vision, collaboratively working to refine their ideas and bring them to fruition. Unlike traditional investors, Founders does not require startups to have established traction before engaging, emphasizing the importance of the underlying motivations and team dynamics. By providing both financial support and a robust startup platform, Founders aims to enable innovative ventures to develop and succeed in the competitive tech landscape.

Joshua Karjala-Svendsen

Co-Founder and Head of Technology

Simon Sylvest

Co-Founder and Partner

Stefano Zorzi

Partner

33 past transactions

Tola

Seed Round in 2024
Tola is a financial platform headquartered in San Francisco, California, that specializes in integrating accounts payable, accounts receivable, and cash flow management with working capital solutions. The platform is designed to facilitate smooth cash flow, allowing businesses to manage payments and receivables efficiently. Tola provides a user-friendly tool that enables businesses to pay and receive payments on their own terms, without incurring transaction fees. This approach empowers companies to handle online payments flexibly and conveniently, enhancing their overall financial management.

Embla

Series A in 2023
Embla is a Copenhagen-based company founded in 2021 that specializes in online medical weight loss treatment. The company offers evidence-based solutions, combining prescription medications with personalized coaching and digital tools to support sustainable weight loss. Embla's platform includes a mobile application that provides expert-led diet and exercise programs, along with guidance on sleep and body movement, ensuring users receive comprehensive support throughout their weight management journey. By integrating these elements, Embla aims to facilitate effective and lasting weight loss for its patients.

Wonderway

Seed Round in 2021
Wonderway is a sales performance platform that specializes in enhancing revenue generation through effective sales training. The company develops data-driven software aimed at improving the skills and knowledge of sales representatives. Its platform connects employees, managers, recruiters, and trainers through an automated e-learning dashboard, offering personalized learning plans, video tutorials, and digital training programs. Wonderway's use of machine learning enables it to tailor training to the specific needs of sales reps, facilitating quicker onboarding, certification, and upskilling. By providing real-time performance review reports and insights into training efficiency, Wonderway assists organizations in fostering a learning culture that not only develops employees but also helps them close deals more effectively.

Pleo

Series C in 2021
Pleo is a Copenhagen-based company founded in 2015 by Jeppe Rindom and Niccolo Perra, dedicated to transforming business spending for modern teams. The company offers an all-in-one platform designed to simplify the expense management process. Its innovative solution includes smart company cards and a user-friendly mobile application that automatically matches receipts and tracks spending in real-time. Pleo's platform eliminates the need for traditional expense reports and streamlines bookkeeping tasks by integrating directly with accounting software, providing businesses with comprehensive visibility and control over their expenditures. By focusing on making employees feel valued at work, Pleo aims to enhance the overall experience of managing business spending.

Sibill

Pre Seed Round in 2021
Sibill is a financial technology company that provides an online platform designed to centralize and manage business finance. Its tool aggregates data from various banks, allowing enterprises to track balances and cash flow movements efficiently. The platform facilitates the reconciliation of invoices and transactions, ensuring timely payments and collections. By streamlining the management of financial data, Sibill enables businesses to gain better control over their cash flow and enhances decision-making capabilities. With features that allow users to generate statements and journal entries with a single click, Sibill simplifies financial processes and promotes collaboration among team members.

Pleo

Series C in 2021
Pleo is a Copenhagen-based company founded in 2015 by Jeppe Rindom and Niccolo Perra, dedicated to transforming business spending for modern teams. The company offers an all-in-one platform designed to simplify the expense management process. Its innovative solution includes smart company cards and a user-friendly mobile application that automatically matches receipts and tracks spending in real-time. Pleo's platform eliminates the need for traditional expense reports and streamlines bookkeeping tasks by integrating directly with accounting software, providing businesses with comprehensive visibility and control over their expenditures. By focusing on making employees feel valued at work, Pleo aims to enhance the overall experience of managing business spending.

Kontist

Series B in 2021
Kontist GmbH, founded in 2016 and headquartered in Berlin, Germany, is the first neo-bank in the country specifically designed for freelancers and self-employed individuals. The company provides a suite of banking products and services that aim to simplify the financial management of its users. Kontist offers business current accounts, subaccounts for taxes and savings, and personal Kontist cards, along with features such as mobile banking, instant transaction notifications, and a system to alert users about potential liquidity issues. One of its key offerings, the Kontist Tax Service, integrates bookkeeping and tax management into a single app, relieving users from direct communication with tax authorities. This service encompasses tasks like advance VAT returns and various tax filings, thus enhancing financial security and control for freelancers. With a dedicated team of over 110 employees, many of whom bring personal freelance experience, Kontist strives to improve the everyday working life of self-employed individuals in Germany.

All Gravy

Pre Seed Round in 2020
All Gravy is a developer of an employee engagement platform tailored for frontline workers in the hospitality and retail sectors. The platform offers a comprehensive suite of services designed to enhance the employee experience, including pay processing that allows for quick access to earnings, mobile training management, and communication tools that foster team interaction. Additionally, it incorporates scheduling features to optimize shift management and performance tracking to help managers monitor employee progress and engagement. By providing actionable insights into employee turnover, satisfaction, and performance metrics, All Gravy aims to support companies in understanding, motivating, and retaining their workforce while promoting financial wellness.

Tobi

Pre Seed Round in 2020
Tobi is a digital investment platform designed to help parents grow their children's long-term savings. It accepts recurring deposits, cash gifts, and advance inheritances, investing these funds based on the parents' specified risk profile. Tobi aims to provide a simple, secure, and transparent way for parents to secure their children's financial future, offering professionally managed, diversified investment portfolios that adjust risk based on the child's age.

LifeX

Seed Round in 2019
LifeX Aps, founded in 2017 and based in Copenhagen, Denmark, with an additional office in Berlin, Germany, specializes in co-living and co-working spaces. The company offers a comprehensive relocation service designed to assist individuals in settling into new cities. This includes a flexible housing subscription that connects residents with a community of like-minded individuals. LifeX fosters community engagement through various activities and events, aimed at helping newcomers meet people and navigate the practical aspects of moving. By emphasizing community building, LifeX creates an environment where residents can thrive both personally and professionally.

Pleo

Series B in 2019
Pleo is a Copenhagen-based company founded in 2015 by Jeppe Rindom and Niccolo Perra, dedicated to transforming business spending for modern teams. The company offers an all-in-one platform designed to simplify the expense management process. Its innovative solution includes smart company cards and a user-friendly mobile application that automatically matches receipts and tracks spending in real-time. Pleo's platform eliminates the need for traditional expense reports and streamlines bookkeeping tasks by integrating directly with accounting software, providing businesses with comprehensive visibility and control over their expenditures. By focusing on making employees feel valued at work, Pleo aims to enhance the overall experience of managing business spending.

Wonderway

Seed Round in 2019
Wonderway is a sales performance platform that specializes in enhancing revenue generation through effective sales training. The company develops data-driven software aimed at improving the skills and knowledge of sales representatives. Its platform connects employees, managers, recruiters, and trainers through an automated e-learning dashboard, offering personalized learning plans, video tutorials, and digital training programs. Wonderway's use of machine learning enables it to tailor training to the specific needs of sales reps, facilitating quicker onboarding, certification, and upskilling. By providing real-time performance review reports and insights into training efficiency, Wonderway assists organizations in fostering a learning culture that not only develops employees but also helps them close deals more effectively.

LifeX

Pre Seed Round in 2018
LifeX Aps, founded in 2017 and based in Copenhagen, Denmark, with an additional office in Berlin, Germany, specializes in co-living and co-working spaces. The company offers a comprehensive relocation service designed to assist individuals in settling into new cities. This includes a flexible housing subscription that connects residents with a community of like-minded individuals. LifeX fosters community engagement through various activities and events, aimed at helping newcomers meet people and navigate the practical aspects of moving. By emphasizing community building, LifeX creates an environment where residents can thrive both personally and professionally.

Kontist

Series A in 2018
Kontist GmbH, founded in 2016 and headquartered in Berlin, Germany, is the first neo-bank in the country specifically designed for freelancers and self-employed individuals. The company provides a suite of banking products and services that aim to simplify the financial management of its users. Kontist offers business current accounts, subaccounts for taxes and savings, and personal Kontist cards, along with features such as mobile banking, instant transaction notifications, and a system to alert users about potential liquidity issues. One of its key offerings, the Kontist Tax Service, integrates bookkeeping and tax management into a single app, relieving users from direct communication with tax authorities. This service encompasses tasks like advance VAT returns and various tax filings, thus enhancing financial security and control for freelancers. With a dedicated team of over 110 employees, many of whom bring personal freelance experience, Kontist strives to improve the everyday working life of self-employed individuals in Germany.

Headlight

Seed Round in 2018
Headlight is an online coaching solution that allows businesses to personalize learning and development for every worker. They transform their company by making investments in the growth and development of the staff members to build a strong and enduring workforce.

Reach Active

Pre Seed Round in 2018
Reach was acquired by the UK's leading provider of physiotherapy (name to follow when it is announced) through an asset sale, in January 2021. We Are 'Unleashing Active' - The number one thing that is holding people back from being more active is muscle and joint pain. Why ? 1. Inaccessible - high quality care is either inconvenient and/or people are given low quality treatment. 2. Demotivating - most treatments are lonely, slow and boring. The Good News - learning to self-manage pain as much as possible is the best line of treatment. And it's relatively straightforward for nearly everyone in pain. How ? Build the best experience based on end pain suffer wants and needs. To start, that means a full physiotherapy service through a mobile app, with personalised exercises and physio support, everyday.

Pleo

Series A in 2018
Pleo is a Copenhagen-based company founded in 2015 by Jeppe Rindom and Niccolo Perra, dedicated to transforming business spending for modern teams. The company offers an all-in-one platform designed to simplify the expense management process. Its innovative solution includes smart company cards and a user-friendly mobile application that automatically matches receipts and tracks spending in real-time. Pleo's platform eliminates the need for traditional expense reports and streamlines bookkeeping tasks by integrating directly with accounting software, providing businesses with comprehensive visibility and control over their expenditures. By focusing on making employees feel valued at work, Pleo aims to enhance the overall experience of managing business spending.

Reach Active

Angel Round in 2017
Reach was acquired by the UK's leading provider of physiotherapy (name to follow when it is announced) through an asset sale, in January 2021. We Are 'Unleashing Active' - The number one thing that is holding people back from being more active is muscle and joint pain. Why ? 1. Inaccessible - high quality care is either inconvenient and/or people are given low quality treatment. 2. Demotivating - most treatments are lonely, slow and boring. The Good News - learning to self-manage pain as much as possible is the best line of treatment. And it's relatively straightforward for nearly everyone in pain. How ? Build the best experience based on end pain suffer wants and needs. To start, that means a full physiotherapy service through a mobile app, with personalised exercises and physio support, everyday.

SnappCar

Series B in 2017
SnappCar is a peer-to-peer car-sharing platform that offers a comprehensive solution for sharing private vehicles, facilitating the connection between car owners and drivers. The platform allows car owners to list their vehicles with available rental dates, enabling users to access reliable transportation without the need for ownership. By promoting car sharing, SnappCar aims to reduce the overall number of cars in Europe, contributing to a more sustainable transportation ecosystem. Operating in The Netherlands, Sweden, and Denmark, SnappCar provides a social and cost-effective alternative to traditional car rental services, enhancing accessibility while supporting environmental goals.

Duuoo

Seed Round in 2017
Duuoo is a performance management platform focused on enhancing workplace development for organizations. The tool facilitates high-quality, frequent one-on-one conversations, team meetings, and feedback sessions, promoting agile goal setting. It offers a comprehensive performance review experience, incorporating automated peer feedback, self-assessments, and an extensive goals module. Duuoo also provides guided conversations and insights tailored for leadership, C-suite, and HR professionals. By optimizing the meeting process—covering aspects from planning and curating talking points to setting agendas—the platform empowers organizations to prioritize employee needs and accountability, ultimately driving productivity and profitability.

Pleo

Seed Round in 2017
Pleo is a Copenhagen-based company founded in 2015 by Jeppe Rindom and Niccolo Perra, dedicated to transforming business spending for modern teams. The company offers an all-in-one platform designed to simplify the expense management process. Its innovative solution includes smart company cards and a user-friendly mobile application that automatically matches receipts and tracks spending in real-time. Pleo's platform eliminates the need for traditional expense reports and streamlines bookkeeping tasks by integrating directly with accounting software, providing businesses with comprehensive visibility and control over their expenditures. By focusing on making employees feel valued at work, Pleo aims to enhance the overall experience of managing business spending.

Kontist

Seed Round in 2016
Kontist GmbH, founded in 2016 and headquartered in Berlin, Germany, is the first neo-bank in the country specifically designed for freelancers and self-employed individuals. The company provides a suite of banking products and services that aim to simplify the financial management of its users. Kontist offers business current accounts, subaccounts for taxes and savings, and personal Kontist cards, along with features such as mobile banking, instant transaction notifications, and a system to alert users about potential liquidity issues. One of its key offerings, the Kontist Tax Service, integrates bookkeeping and tax management into a single app, relieving users from direct communication with tax authorities. This service encompasses tasks like advance VAT returns and various tax filings, thus enhancing financial security and control for freelancers. With a dedicated team of over 110 employees, many of whom bring personal freelance experience, Kontist strives to improve the everyday working life of self-employed individuals in Germany.

Pleo

Seed Round in 2016
Pleo is a Copenhagen-based company founded in 2015 by Jeppe Rindom and Niccolo Perra, dedicated to transforming business spending for modern teams. The company offers an all-in-one platform designed to simplify the expense management process. Its innovative solution includes smart company cards and a user-friendly mobile application that automatically matches receipts and tracks spending in real-time. Pleo's platform eliminates the need for traditional expense reports and streamlines bookkeeping tasks by integrating directly with accounting software, providing businesses with comprehensive visibility and control over their expenditures. By focusing on making employees feel valued at work, Pleo aims to enhance the overall experience of managing business spending.

V-Glass

Funding Round in 2016
V-Glass is a manufacturer specializing in vacuum insulated glass (VIG) designed for the residential and commercial window markets. Its innovative technology enables the low-cost production of high-efficiency windows that outperform conventional dual-pane windows in thermal performance and longevity. By significantly reducing heating and cooling losses, V-Glass's products help clients conserve energy resources, lower greenhouse gas emissions, and support the transition to net zero buildings. Since mid-2022, the company has successfully produced V-Glass panels that have undergone rigorous internal and third-party testing. V-Glass has recently shipped prototypes to potential strategic partners for evaluation, with additional partnerships in progress. The company plans to advance from lab production to a pilot plant, where it will focus on automating and robotizing the manufacturing process to deliver commercial-quality units efficiently. Broad patents have been filed in the U.S. and internationally, providing a strong competitive advantage through 2041.

Pipetop

Pre Seed Round in 2015
Pipetop is the first autopilot for your sales pipeline. Instantly find key decision-makers and their contact info. Save up to 60% time on sales research and get the right prospects with powerful segmentation based on our proprietary technology. - Find the right companies and prospects’ email immediately - Intelligent segmentation based on more than 30 modern filters - Turn on the Pipetop autopilot and watch your pipeline fill up with qualified prospects Flexible pricing with no commitments. Self-serve access to our full, always up-to-date database.

Reveal

Seed Round in 2015
Reveal’s mission is to help job seekers discover the jobs that are most relevant to them. By enabling job sites to integrate Machine Learning into their service, they help accelerate discovery through intelligent search technology and job recommendations.

Kontist

Seed Round in 2015
Kontist GmbH, founded in 2016 and headquartered in Berlin, Germany, is the first neo-bank in the country specifically designed for freelancers and self-employed individuals. The company provides a suite of banking products and services that aim to simplify the financial management of its users. Kontist offers business current accounts, subaccounts for taxes and savings, and personal Kontist cards, along with features such as mobile banking, instant transaction notifications, and a system to alert users about potential liquidity issues. One of its key offerings, the Kontist Tax Service, integrates bookkeeping and tax management into a single app, relieving users from direct communication with tax authorities. This service encompasses tasks like advance VAT returns and various tax filings, thus enhancing financial security and control for freelancers. With a dedicated team of over 110 employees, many of whom bring personal freelance experience, Kontist strives to improve the everyday working life of self-employed individuals in Germany.

Gobox

Venture Round in 2015
GoBox offers mobile storage units and self-storage services in the Copenhagen area.

Dixie

Seed Round in 2015
A back office is something all businesses need, yet only few business owners enjoy bookkeeping, payroll, benefits, or the like. They don’t blame them. They prefer spending time on the things that matter. Most people end up either taking away precious time from their business and their loved ones, or simply outsource these tasks out of their sight, thus losing the benefits of knowing what's going on in their company.

Son of a Tailor

Pre Seed Round in 2014
Son of a Tailor is a Denmark-based company located in Copenhagen that specializes in customized T-shirt tailoring services. The company utilizes innovative processes to create custom-fitted garments, focusing on eliminating waste in clothing production. By providing wardrobe essentials tailored to each customer's exact measurements, Son of a Tailor ensures that its products are not mass-produced. The company emphasizes ethical and sustainable practices, using high-quality materials to deliver clothing that meets individual preferences while promoting responsible consumption.

Pipetop

Pre Seed Round in 2014
Pipetop is the first autopilot for your sales pipeline. Instantly find key decision-makers and their contact info. Save up to 60% time on sales research and get the right prospects with powerful segmentation based on our proprietary technology. - Find the right companies and prospects’ email immediately - Intelligent segmentation based on more than 30 modern filters - Turn on the Pipetop autopilot and watch your pipeline fill up with qualified prospects Flexible pricing with no commitments. Self-serve access to our full, always up-to-date database.

Gobox

Seed Round in 2014
GoBox offers mobile storage units and self-storage services in the Copenhagen area.

Maguru

Pre Seed Round in 2014
Maguru is a SaaS-enabled marketplace focused on transforming the customer experience in the craftsmen industry. The company develops marketing and communication tools that enhance interactions between craftsmen and their customers. These tools offer features such as call tracking, allowing craftsmen to identify the sources of their incoming calls and attract relevant customers to their business sites. By streamlining communication and reducing transaction costs, Maguru aims to improve customer relations and facilitate repeat and referral business for craftsmen.
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