Spintop Ventures

Spintop Ventures is a venture capital firm based in Stockholm, Sweden, founded in 2009 by a group of experienced tech entrepreneurs and investors. The firm specializes in early-stage investments, focusing primarily on technology startups in sectors such as software, e-commerce, and software-as-a-service. With a strong network of successful entrepreneurs and institutional investors, Spintop Ventures has made over 35 investments in growing startups, successfully exiting from four of these ventures. The firm's investment strategy emphasizes the Scandinavian region, aiming to support innovative companies during their critical growth phases.

Helen Agering

Partner

Peter Carlsson

Partner

Amanda Lindqvist

Investor

Sami Niemi

Partner

Isabel Nilson

Investor

Finn Persson

Partner and Co-Founder

Ari-Pekka Salovaara

Investor

Erik Wenngren

Co-Founder and Partner

40 past transactions

Scrintal

Seed Round in 2023
Developer of a visual notebook application designed to organize and connect readings, videos and images. The company's intuitive knowledge management system features automatic tagging, automatic transcription, powerful artificial intelligence algorithms and real-time collaboration, enabling users to take command of their knowledge and handle various document types effortlessly.

Worldfavor

Series A in 2022
Worldfavor is the first to bring sustainability and compliance information based on established frameworks to one global platform. We connect businesses around the world to share sustainability information with each other through one platform, where they can also manage and excel their own performance in a secure, collaborative space. We help businesses avoid manual spreadsheets and stiff, expensive software. Simply because we want you to save time and resources for your impact, and because modern technology can enable so much more. The vision is to be global de-facto information platform for sustainable decisions, serving any actor with sustainability/compliance data (business data 2.0) on any organization from one shared platform where they also manage it. The SaaS covers all sustainability/compliance needs under one roof: Manage Sustainability, Visualize Sustainability and data collection and assessment of any type of partners in the Value Chain, such as suppliers or portfolio companies.

Gubbe

Seed Round in 2022
Service for helping elders with their daily chores.

Acamp

Seed Round in 2022
Acamp operates a travel technology platform that connects campers with unique camping locations. The company digitizes existing campgrounds and facilitates the creation of new ones by allowing local landowners and small businesses to rent out unused land. This approach meets the increasing demand from the camper community for accessible and diverse outdoor accommodations. Through its marketplace, Acamp enables private hosts and business owners to list their properties, making it easier for campers to discover and book suitable places to stay in nature.

Univid

Seed Round in 2022
Univid is an online event management platform that specializes in hosting interactive virtual experiences, including webinars, meetings, and events. The platform allows users to quickly set up sessions in under a minute, offering customization options for branding and appearance. Univid enhances user engagement through features like breakout sessions, polls, reactions, and Q&A, fostering a networking experience that mimics the authenticity of in-person gatherings. By simplifying the logistics of event organization, Univid enables both individuals and enterprises to create engaging digital events with ease and efficiency.

Nomono

Seed Round in 2021
Nomono AS, founded in 2019 and based in Trondheim, Norway, specializes in developing innovative solutions for sound recording. The company offers a wireless microphone that simplifies podcasting and spatial audio recordings, integrating both hardware and software to streamline the recording process. Its platform automates post-production editing, enhancing the listening experience for users. Nomono's technology is applicable across various industries, including virtual reality and immersive media content creation and streaming, allowing customers to focus more on their creative endeavors while efficiently managing audio production.

Cambri

Series A in 2021
Cambri is concept testing software that helps global brands accelerate their innovation process.

Crosser

Venture Round in 2021
Crosser Technologies AB specializes in the design and development of streaming analytics and integration software tailored for edge, on-premise, and cloud environments. Founded in 2016 and headquartered in Sundsvall, Sweden, with an office in Stockholm, the company provides a real-time solution for fog computing architecture that enhances data processing and analytics capabilities near Internet of Things (IoT) devices. Crosser's platform facilitates real-time decision-making and operational analytics, which helps enterprises in sectors such as industrial IoT, healthcare, and smart buildings reduce reliance on cloud services and optimize bandwidth costs. The company's offerings include business intelligence, monitoring, automation, and embedded server integration, catering to a diverse range of industries and applications.

IPRally

Seed Round in 2021
IPRally is a web application designed to enhance the patent business through advanced artificial intelligence technology. Founded by Juuso Piskonen, Juho Kallio, and Sakari Arvela, the company employs a team of five experts in patents, software, and AI to develop an AI system that mimics the reasoning of patent professionals. By leveraging historical patent examination data, IPRally trains its neural network to perform tasks such as rapid and precise patentability evaluations, invalidation searches, and freedom-to-operate analyses. This innovative approach aims to streamline and improve the efficiency of various patent-related processes.

PinMeTo

Funding Round in 2020
PinMeTo is an online service that helps chain and franchise businesses manage their digital presence across various platforms, including search engines, maps, and social media networks like Apple, Facebook, Google, and Instagram. The company offers a cloud-based data management platform that simplifies the process of keeping business information up to date across multiple channels. By importing accurate business details into its software, PinMeTo automatically publishes updates to all supported platforms, eliminating the need for outdated methods such as Excel sheets. This efficient solution enables organizations to enhance their local digital presence and strengthen customer connections.

Adnavem

Venture Round in 2020
Adnavem AB is a Gothenburg-based company that operates a software as a service (SaaS) enabled marketplace for container freight transportation. Founded in 2017, Adnavem connects transport buyers directly with sellers, facilitating various delivery options, including door-to-door, port-to-door, port-to-port, and door-to-port services. The platform enhances cooperation among global transportation parties by providing real-time data, notifications, and pricing information. Additionally, it emphasizes minimizing carbon dioxide emissions, allowing companies to select the most environmentally friendly transportation solutions.

Practio

Venture Round in 2020
Practio operates a digital health platform designed to enhance access to quality healthcare services for consumers. The platform enables patients to consult with doctors online, specifically facilitating services like travel vaccinations. Users can easily communicate with healthcare professionals and schedule appointments, allowing them to receive vaccinations at their nearest local pharmacies. By utilizing technology, Practio aims to streamline the healthcare experience and improve patient outcomes.

Dazzle Rocks

Series A in 2020
Dazzle Rocks Oy is a mobile game development studio based in Helsinki, Finland, founded in 2014 by industry veterans. The company specializes in creating social multiplayer mobile games that connect players globally through immersive experiences. Dazzle Rocks aims to empower gamers to build and expand communities within a massive multiplayer online environment. Its games, designed to appeal to both East Asian and Western markets, feature female-friendly user interface and experience elements. The proprietary engine developed by Dazzle Rocks is highly scalable and adaptable for future projects, supporting virtual world-building, a virtual economy, and real-time social interactions during gameplay. The company's first game is currently in beta testing and is expected to launch in the latter half of 2020.

Worldfavor

Seed Round in 2019
Worldfavor is the first to bring sustainability and compliance information based on established frameworks to one global platform. We connect businesses around the world to share sustainability information with each other through one platform, where they can also manage and excel their own performance in a secure, collaborative space. We help businesses avoid manual spreadsheets and stiff, expensive software. Simply because we want you to save time and resources for your impact, and because modern technology can enable so much more. The vision is to be global de-facto information platform for sustainable decisions, serving any actor with sustainability/compliance data (business data 2.0) on any organization from one shared platform where they also manage it. The SaaS covers all sustainability/compliance needs under one roof: Manage Sustainability, Visualize Sustainability and data collection and assessment of any type of partners in the Value Chain, such as suppliers or portfolio companies.

Once Upon

Series A in 2019
Once Upon is a company that specializes in transforming personal memories into beautifully designed photo books. Based in northern Sweden, it aims to celebrate life and enhance happiness by helping users preserve their cherished moments. The company's app, which has garnered approximately 2 million downloads, is accessible in 12 languages and has enabled customers to create and order photo books easily. Once Upon has successfully shipped its products to 87 countries worldwide, making it a globally recognized solution for memory preservation.

Racefox

Venture Round in 2019
Racefox is a Stockholm-based company that develops a digital coaching application for running and cross-country skiing. By leveraging biomechanics, sports science, data science, and artificial intelligence, Racefox offers personalized training plans that enhance performance and help prevent injuries. The platform includes a sensor-based wearable device that connects to a smartphone application, providing real-time analysis of various performance metrics, such as torso acceleration and foot orientation. This innovative approach benefits both elite athletes and casual participants, enabling users to improve their skills and maintain their health.

Crosser

Series A in 2019
Crosser Technologies AB specializes in the design and development of streaming analytics and integration software tailored for edge, on-premise, and cloud environments. Founded in 2016 and headquartered in Sundsvall, Sweden, with an office in Stockholm, the company provides a real-time solution for fog computing architecture that enhances data processing and analytics capabilities near Internet of Things (IoT) devices. Crosser's platform facilitates real-time decision-making and operational analytics, which helps enterprises in sectors such as industrial IoT, healthcare, and smart buildings reduce reliance on cloud services and optimize bandwidth costs. The company's offerings include business intelligence, monitoring, automation, and embedded server integration, catering to a diverse range of industries and applications.

LeaseCloud

Seed Round in 2018
LeaseCloud AB is a software as a service company based in Stockholm, Sweden, specializing in leasing management solutions. Founded in 2016, LeaseCloud offers a digital platform that allows retailers and e-commerce businesses to integrate leasing as a payment option at the checkout. The platform streamlines the leasing process by connecting various stakeholders, including leasing companies and retail systems, enabling customers to select their preferred lease terms and sign agreements digitally via BankID. This service enhances the shopping experience for small business owners, who can easily acquire computers, phones, furniture, and equipment through micro leasing. LeaseCloud also manages the end-of-lease processes, providing a seamless customer journey and allowing e-retailers to offer competitive prices and greater choices without the burden of administration or transaction costs.

Apprl

Venture Round in 2018
APPRL Fashion AB operates a social commerce platform that connects style influencers, digital publishers, and e-commerce companies. Founded in 2011 and based in Stockholm, the company offers a SaaS solution designed for performance-based influencer marketing. Its platform allows influencers to create shoppable content, enabling them to monetize their influence by sharing products with their audiences. APPRL provides tools to manage, track, and optimize influencer marketing efforts using traffic and sales data, facilitating collaboration between content creators and retailers. With a presence in Europe, the United States, and Asia, APPRL aims to streamline partnerships between e-commerce brands and influencers through innovative technology and user-friendly design.

PinMeTo

Series A in 2018
PinMeTo is an online service that helps chain and franchise businesses manage their digital presence across various platforms, including search engines, maps, and social media networks like Apple, Facebook, Google, and Instagram. The company offers a cloud-based data management platform that simplifies the process of keeping business information up to date across multiple channels. By importing accurate business details into its software, PinMeTo automatically publishes updates to all supported platforms, eliminating the need for outdated methods such as Excel sheets. This efficient solution enables organizations to enhance their local digital presence and strengthen customer connections.

OneFlow

Venture Round in 2018
Oneflow AB is a Stockholm-based company that specializes in digital contract management and automation. Founded in 2012, Oneflow offers a comprehensive platform that streamlines the entire contract lifecycle, from template creation and negotiation to e-signing and archiving. This all-in-one solution allows users to collaborate and communicate within the application, enabling mobile responsiveness and in-place editing. By automating the complete contract workflow, Oneflow aims to simplify business processes, helping organizations save time and work more efficiently. The company operates on a subscription-based SaaS model, tailoring its services to meet the diverse needs of its customers.

Small Giant

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.

Crosser

Seed Round in 2017
Crosser Technologies AB specializes in the design and development of streaming analytics and integration software tailored for edge, on-premise, and cloud environments. Founded in 2016 and headquartered in Sundsvall, Sweden, with an office in Stockholm, the company provides a real-time solution for fog computing architecture that enhances data processing and analytics capabilities near Internet of Things (IoT) devices. Crosser's platform facilitates real-time decision-making and operational analytics, which helps enterprises in sectors such as industrial IoT, healthcare, and smart buildings reduce reliance on cloud services and optimize bandwidth costs. The company's offerings include business intelligence, monitoring, automation, and embedded server integration, catering to a diverse range of industries and applications.

Pacemaker

Seed Round in 2017
Pacemaker Music AB is a Stockholm-based company that specializes in developing applications for music mix creation. Founded in 2012, Pacemaker utilizes artificial intelligence technology to simplify the process of creating DJ mixes and mixtapes. Its applications allow users to seamlessly blend tracks from licensed streaming services like Spotify and iTunes, offering features such as beat synchronization, customizable music effects, and matching mixes with tracks. Additionally, Pacemaker's proprietary metadata format, known as the Recipe, integrates DJ mixes into revenue-generating music services, enabling users to monetize their creative efforts. Through its innovative approach, the company enhances the music mixing experience while fostering user engagement and creativity.

Flashnode

Seed Round in 2017
Flashnode Oy specializes in providing integration services that connect various business applications, both cloud-based and on-premise. The company’s platform facilitates communication between different software systems, allowing e-commerce businesses to synchronize their web shops with other applications and enabling sales organizations to link their CRM systems with essential customer data. Additionally, accountants can integrate their accounting software with clients' business applications for streamlined operations. Flashnode serves a diverse range of industries, including SaaS providers, CRM and ERP systems, payment processing, and logistics. Founded in 2014 and headquartered in Jyväskylä, Finland, Flashnode aims to automate and optimize business processes through efficient data integration.

Freska

Venture Round in 2017
Freska Finland Oy operates an on-demand online home cleaning service platform based in Helsinki, Finland, and was founded in 2015. The company is recognized as one of the leading tech start-ups in Finland, aiming to disrupt the traditional home cleaning industry in the Nordics. Freska provides customers with a flexible and user-friendly online interface and mobile app to select cleaning services, manage subscriptions, and schedule appointments. The platform not only focuses on delivering high-quality cleaning but also emphasizes job creation by employing skilled professionals who undergo a rigorous recruitment and onboarding process. This approach ensures that cleaners are well-compensated and part of a supportive community, enhancing both service quality and worker satisfaction.

Small Giant

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.

Pacemaker

Seed Round in 2016
Pacemaker Music AB is a Stockholm-based company that specializes in developing applications for music mix creation. Founded in 2012, Pacemaker utilizes artificial intelligence technology to simplify the process of creating DJ mixes and mixtapes. Its applications allow users to seamlessly blend tracks from licensed streaming services like Spotify and iTunes, offering features such as beat synchronization, customizable music effects, and matching mixes with tracks. Additionally, Pacemaker's proprietary metadata format, known as the Recipe, integrates DJ mixes into revenue-generating music services, enabling users to monetize their creative efforts. Through its innovative approach, the company enhances the music mixing experience while fostering user engagement and creativity.

Reclaimit

Venture Round in 2016
Reclaimit AB was founded in 1999 by Swedish entrepreneurs Håkan Johansson and Jörgen Dernbrant, initially under the name of ETTnoll Design AB. Since then the company has developed system solutions to handle various aftersales issues – particularly, returns and complaints, service and repairs, and shipping. The company's constant driving force has been the insight that "satisfied customers always come back." That is why we always aim to be on the cutting edge in terms of leveraging smart IT solutions to help sellers create cost-effective, efficient processes to handle returns, complaints, service requests and logistics.

PeN Chat

Seed Round in 2016
An Instant Social Messaging App - Search Google Play, type Pen Chat Calls for Free

Apprl

Seed Round in 2016
APPRL Fashion AB operates a social commerce platform that connects style influencers, digital publishers, and e-commerce companies. Founded in 2011 and based in Stockholm, the company offers a SaaS solution designed for performance-based influencer marketing. Its platform allows influencers to create shoppable content, enabling them to monetize their influence by sharing products with their audiences. APPRL provides tools to manage, track, and optimize influencer marketing efforts using traffic and sales data, facilitating collaboration between content creators and retailers. With a presence in Europe, the United States, and Asia, APPRL aims to streamline partnerships between e-commerce brands and influencers through innovative technology and user-friendly design.

Flashnode

Seed Round in 2015
Flashnode Oy specializes in providing integration services that connect various business applications, both cloud-based and on-premise. The company’s platform facilitates communication between different software systems, allowing e-commerce businesses to synchronize their web shops with other applications and enabling sales organizations to link their CRM systems with essential customer data. Additionally, accountants can integrate their accounting software with clients' business applications for streamlined operations. Flashnode serves a diverse range of industries, including SaaS providers, CRM and ERP systems, payment processing, and logistics. Founded in 2014 and headquartered in Jyväskylä, Finland, Flashnode aims to automate and optimize business processes through efficient data integration.

Pacemaker

Seed Round in 2015
Pacemaker Music AB is a Stockholm-based company that specializes in developing applications for music mix creation. Founded in 2012, Pacemaker utilizes artificial intelligence technology to simplify the process of creating DJ mixes and mixtapes. Its applications allow users to seamlessly blend tracks from licensed streaming services like Spotify and iTunes, offering features such as beat synchronization, customizable music effects, and matching mixes with tracks. Additionally, Pacemaker's proprietary metadata format, known as the Recipe, integrates DJ mixes into revenue-generating music services, enabling users to monetize their creative efforts. Through its innovative approach, the company enhances the music mixing experience while fostering user engagement and creativity.

Modcam

Seed Round in 2015
Modcam AB specializes in the design and development of camera sensor-based devices and software for computer vision processing. Founded in 2013 and based in Malmö, Sweden, the company offers an online platform and sensor devices that enable users to monitor foot traffic in various environments, such as retail stores, office buildings, sports arenas, and hotels. Modcam's technology allows for real-time analytics, including counting individuals entering or exiting a location and assessing demographic information like age and gender. Additionally, it provides Heatmap, a tool for automating customer flow analysis. The company's platform leverages advanced video content analytics to deliver data-driven insights, enhancing the ability of businesses to understand and respond to customer behavior effectively. As of July 2020, Modcam operates as a subsidiary of Cisco Systems, Inc.

Pacemaker

Seed Round in 2015
Pacemaker Music AB is a Stockholm-based company that specializes in developing applications for music mix creation. Founded in 2012, Pacemaker utilizes artificial intelligence technology to simplify the process of creating DJ mixes and mixtapes. Its applications allow users to seamlessly blend tracks from licensed streaming services like Spotify and iTunes, offering features such as beat synchronization, customizable music effects, and matching mixes with tracks. Additionally, Pacemaker's proprietary metadata format, known as the Recipe, integrates DJ mixes into revenue-generating music services, enabling users to monetize their creative efforts. Through its innovative approach, the company enhances the music mixing experience while fostering user engagement and creativity.

Small Giant

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.

Strossle

Venture Round in 2014
Strossle AB operates a platform that enables publishers to optimize content distribution and personalize the user experience. Its platform recommends articles, videos, and native ads in the areas of arts and entertainment, automotive, business, careers, education, family and parenting, food and drink, law, government and politics, sports, style and fashion, technology and computing, travel, health and fitness, hobbies and interests, home and garden, personal and finance, pets, real estate, religion and spirituality, science, shopping, society, and news to match users’ interests. The company's recommendation platform is used by publishers to maximize audience interests. Strossle AB was formerly known as Saplo AB and changed its name to Strossle AB in September 2015. The company was founded in 2008 and is based in Stockholm, Sweden. It has additional offices in Stockholm, Malmö, Oslo, Copenhagen, Amsterdam, Madrid, Bratislava, Budapest, and Helsinki. Strossle AB is a former subsidiary of Sprinkle AB.

MariaDB

Series B in 2013
MariaDB Corporation Ab develops and delivers an open source relational database designed for database administrators and application developers. The company offers MariaDB Enterprise, an enterprise-grade database solution that includes features such as backup and recovery, support, and monitoring. This subscription-based service supports organizations using MariaDB and MySQL in production environments. In addition to its core offerings, MariaDB provides a variety of services including architecture planning, database migration, performance tuning, and training. The company has a significant presence in the cloud, operating in major public clouds and Linux distributions, and serves a diverse range of clients, including many Fortune 500 companies. Founded in 2010 and headquartered in Espoo, Finland, with additional offices in California, MariaDB is supported by the MariaDB Foundation, which promotes continuity and collaboration in the MariaDB ecosystem.

Verifyter

Venture Round in 2013
Verifyter AB, founded in 2010 and based in Lund, Sweden, specializes in software solutions that enhance the development process by automating the detection and analysis of test failures. The company's flagship product, PinDown, is a debug automation and analysis tool designed to streamline the identification of bugs and failures in software and hardware. By offering functionalities such as test management, regression test automation, and automated bug analysis, Verifyter aims to alleviate the manual burden traditionally placed on engineers. This innovation allows development teams to focus on more complex and engaging tasks, ultimately improving efficiency and productivity within organizations.

DealDash

Angel Round in 2011
DealDash.com is the most exciting way to win a deal and discover brands! You start off by buying bids to play and win! If you don't win, you have the option to buy the item at a fair price and get a full return on all the bids used. DealDash has grown its user-base to over 5 million customers since being established in 2009. This makes DealDash one of the largest and the longest operating company of its kind in the United States.
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