Inventure

Inventure, established in 2005, is a Helsinki-based venture capital firm focusing on early-stage investments in technology, software, and digital services. With over €230 million in assets under management, Inventure specializes in Seed and Series A funding, typically investing between €100,000 and €10 million per company over its lifecycle. The firm supports its portfolio companies with talent acquisition and expansion strategies, with a track record of over 70 investments across the Nordics and Baltics, including notable brands like Wolt, Detectify, and Blueprint Genetics. Inventure has two active funds, Inventure Fund I (2008 vintage) and Inventure Fund II (2014 vintage), both targeting software companies in the region.

Tuomas Kosonen

Partner

Timo Tirkkonen

Partner

Past deals in Baltics

Jobbatical

Series A in 2022
Jobbatical OÜ is an online platform that specializes in connecting professionals with short-term employment opportunities globally. Founded in 2014 and based in Tallinn, Estonia, Jobbatical facilitates a seamless immigration and relocation process for both employees and employers. The platform primarily serves professionals such as developers, graphic designers, and marketers seeking to combine work and travel experiences. By leveraging artificial intelligence, Jobbatical automates the employee visa process, simplifying the complexities of immigration and compliance. This approach allows companies to efficiently relocate international talent, addressing labor shortages while making the process cost-effective and straightforward.

Lingvist

Series A in 2015
Lingvist Inc. is a language-learning platform that leverages artificial intelligence, natural language processing, and adaptive machine learning algorithms to enhance the learning experience. Founded in 2012 and based in Tallinn, Estonia, the company offers a subscription service accessible through web, iOS, and Android platforms worldwide. Lingvist's innovative approach focuses on improving vocabulary by assessing users' existing knowledge and customizing courses to target their learning needs, thereby facilitating more effective communication and understanding.

Lingvist

Seed Round in 2014
Lingvist Inc. is a language-learning platform that leverages artificial intelligence, natural language processing, and adaptive machine learning algorithms to enhance the learning experience. Founded in 2012 and based in Tallinn, Estonia, the company offers a subscription service accessible through web, iOS, and Android platforms worldwide. Lingvist's innovative approach focuses on improving vocabulary by assessing users' existing knowledge and customizing courses to target their learning needs, thereby facilitating more effective communication and understanding.

FRWD Technologies

Series A in 2005
FRWD Technologies, Ltd. designs, develops, and markets sports computers for outdoor and alternative sports enthusiasts, athletes, and professionals. The company's sports computer records route, location, speed, distance, heart rate or RR heart rate, altitude, temperature, and air pressure, as well as shows them real time on wrist display or mobile phone. It sells its products through retailers and distributors in Estonia, Finland, France, Germany, Norway, Poland, Portugal, Spain, Sweden, Austria, and Switzerland. The company was founded in 2000 and is based in Oulu, Finland. It has operations in Sweden, Austria, Switzerland, and internationally.
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