Vendep Capital

Vendep Capital Oy, formerly known as Vendep Oy, is an accelerator specializing in seed/startups, incubation, growth capital, and early stage companies. It seeks to invest in business-to-business, fintech, SaaS, web-based services, and mobile services companies. The firm seeks to provide software development resources to startup companies. It seeks to invest in European tech hubs like Finland, London, Berlin, Amsterdam, or United States with the focus on Silicon Valley. The firm seeks to invest between €0.5 million ($.60 million) and €1 million ($1.19 million). It makes investment in firms with monthly recurring revenue of €0.03 ($0.36 million). It raises funding during an acceleration period of 6 months to 24 months. It often co-invest but the firm does not initially require syndication. The firm syndicates investments alongside other funds. The firm invest in 4-5 pre-Series A companies per year. Vendep Capital Oy was founded in 2002 and is based in Helsinki, Finland, with an additional office in Mountain View, California.

Sami Ahvenniemi

General Partner

TA

Tanja Alanen

CFO

Jupe Arala

General Partner

Timo Felin

Investment Director

Hannu Kytölä

Venture Partner

Sakari Pihlava

General Partner

31 past transactions

LeapIN

Series A in 2021
Xolo is focusing on 40 million professionals globally who have chosen to run their business independently. Its aim is to reduce time spent on business administration to near zero by offering an incredibly simple online platform that merges company formation, banking, accounting, and other services. Xolo is the quickest and easiest way to launch and run a one-person freelancing business in Europe. Its largest markets are Germany, Spain, France, the UK, Ukraine, and Turkey. Xolo's typical customers are software developers, management consultants, designers, or other independent professionals.

Graviz Telescope

Pre Seed Round in 2022
Make better business decisions, faster with AI & Predictive analytics.Let us support you with insights about your company and market. Our AI-based models aggregate and analyze high frequency data, from more sources than any other tool and display it to you in real-time

Videoly

Series A in 2022
Videoly is an automated video discovery and management tool for e-commerce. With Videoly online stores can get product videos (brand videos, reviews, unboxings, etc.) flowing automatically to their product pages without any manual work. Having videos on product pages have been A/B test proven to increase conversions, order value and time spent on site.

Happeo Company Oy

Series B in 2022
The all-in-one enterprise social intranet, knowledge base, digital workplace, Internal Communications tool and people directory – all working perfectly with Google Suite. Happeo turns G Suite into a unified hub for teamwork. It facilitates managing remote teams and collaboration for enterprise and fast-growing organizations. In 2019, Gartner named Happeo a Cool Vendor. That same year, The Next Web recognized Happeo as one of Europe's fastest-growing scale-ups. Happeo’s own talent is spread across locations, generations, and time zones, helping Happeo’s continued growth of 280% year on year. To learn more visit https://www.happeo.com.

Happeo Company Oy

Series A in 2020
The all-in-one enterprise social intranet, knowledge base, digital workplace, Internal Communications tool and people directory – all working perfectly with Google Suite. Happeo turns G Suite into a unified hub for teamwork. It facilitates managing remote teams and collaboration for enterprise and fast-growing organizations. In 2019, Gartner named Happeo a Cool Vendor. That same year, The Next Web recognized Happeo as one of Europe's fastest-growing scale-ups. Happeo’s own talent is spread across locations, generations, and time zones, helping Happeo’s continued growth of 280% year on year. To learn more visit https://www.happeo.com.

myPlane

Seed Round in 2022
Making the future of air travel by digitalising airline charter flight sales, distribution and management processes globally. myPlane's platform is the easiest way for airlines to offer their excess and idle capacity for sale and rent, and to manage their ad-hoc charter operations in a streamlined digital way to increase their efficiency, sales and bottom line. Simultaneously, myPlane's platform is the easiest way for Travel Agencies to book private charter flights, in real-time, to serve their customers and groups with totally customised air travel and the best deals available. Our centralised digital marketplace is linking the aircraft supply and overcapacity with market demand, in real-time.

EzyInsights

Venture Round in 2016
EzyInsights is an online viral content discovery platform for publishers and content providers. It acts as a social media analytics tool that runs straight from the users’ web browsers. EzyInsights was launched in February 2012 and is based in Helsinki, Southern Finland.

Trustmary

Seed Round in 2021
Producing a video testimonial has never been easier

Leadfeeder

Seed Round in 2017
Leadfeeder is a tool that lets you know more about your website visitors and converts promising visitors into sales leads. It shows you a list of companies that have visited your website and you can see what pages they loaded and how they found you. Leadfeeder connects to your Google Analytics using the API and fetches data about website visitors. When you see an interesting lead, you can email it to your sales team or send it straight to your CRM. Leadfeeder was founded in 2012 and is based in Helsinki, Finland.

GBuilder

Venture Round in 2021
GBuilder Ltd. develops Building information modeling (BIM) based software for developers and construction workers. The company’s software digitalizes the homebuyer’s customer journey from the first contact to sales, material optionality, home configuration the building process, and after-sales period. The company was founded in 2012 and is headquartered in Oulu, Finland.

Sumoware Ltd

Venture Round in 2015
Sumoware provides the funkiest apps for creative people. Sumoware's first application SumoPaint has over 30 million unique users world wide. Next Sumoware is launching several applications as part of it's new platform SumoSchool .

Happeo Company Oy

Seed Round in 2018
The all-in-one enterprise social intranet, knowledge base, digital workplace, Internal Communications tool and people directory – all working perfectly with Google Suite. Happeo turns G Suite into a unified hub for teamwork. It facilitates managing remote teams and collaboration for enterprise and fast-growing organizations. In 2019, Gartner named Happeo a Cool Vendor. That same year, The Next Web recognized Happeo as one of Europe's fastest-growing scale-ups. Happeo’s own talent is spread across locations, generations, and time zones, helping Happeo’s continued growth of 280% year on year. To learn more visit https://www.happeo.com.

Hostaway

Seed Round in 2018
Hostaway Oy develops an online platform that helps vacation rental managers to rent spare bedrooms or manage properties for others. Its platform lets managers to get more bookings and increase revenues; charge higher prices; get listed on various sales channels; and communicate with guests and customers. The company was incorporated in 2015 and is headquartered in Helsinki, Finland.

VividWorks

Venture Round in 2014
VividWorks Ltd. offers innovative online 3D design-to-purchase SaaS platform solutions to the global market. We provide instantly accessible tools, which enable visual customization of products as a part of the purchase experience. Our customer base includes multiple major furniture manufacturers and retail chains.

HappySignals

Seed Round in 2019
HappySignals develops an experience management platform that helps improve employee experience. The company helps businesses improve their internal services by shifting the focus to employee experience by measuring and analyzing employee happiness and productivity. The right balance between service costs, lost worktime, and satisfaction translates into a happier bottom line.

Brella

Seed Round in 2017
Brella is a networking tool for events, conferences and livestreams. It helps professionals to find the most interesting people and make new high value contacts. Their goal is to make networking as easy and efficient as possible. They are dedicated to provide the most valuable, easiest and functional networking experiences at every event. They navigate the professionals to their opportunities by helping them connect with the right people, at the right time, at the right place.

HappySignals

Series A in 2020
HappySignals develops an experience management platform that helps improve employee experience. The company helps businesses improve their internal services by shifting the focus to employee experience by measuring and analyzing employee happiness and productivity. The right balance between service costs, lost worktime, and satisfaction translates into a happier bottom line.

Uploadcare

Seed Round in 2019
Uploadcare, Inc. operates as a platform as a service, which provides file handling mechanisms for websites and mobile applications. It offers uploading, editing, and posting images to a blog, website or application from a computer, mobile device, Facebook or Instagram account. The company provides solutions, which includes e-commerce, software as a service, marketplace, printing, media, and healthcare solutions. It offers platform, which includes Uploadcare widget, effects tab, image processing, secure uploads and delivery, and UC optimize. The company was founded in 2011 and is based in City of Wilmington, Delaware.

PromoRepublic

Angel Round in 2015
PromoRepublic.com is a Social Media Content Automation SaaS for SMBs. They improve the quality of content posted by SMBs on Facebook, Instagram, and other social networks by providing automation tools and suggesting relevant, customizable templates of social media posts. TechCrunch called us “WIX for a small business’s social presence”. They’ve achieved a stable 15% monthly user growth with more than 50K small and medium business owners registered on the platform. 2,5 million social media posts have already been discovered, customized, and published with the help of PromoRepublic.

Leadfeeder

Series A in 2019
Leadfeeder is a tool that lets you know more about your website visitors and converts promising visitors into sales leads. It shows you a list of companies that have visited your website and you can see what pages they loaded and how they found you. Leadfeeder connects to your Google Analytics using the API and fetches data about website visitors. When you see an interesting lead, you can email it to your sales team or send it straight to your CRM. Leadfeeder was founded in 2012 and is based in Helsinki, Finland.

Utopia Analytics Oy

Venture Round in 2017
Utopia Analytics Oy develops text analytics software which provides fully automated real-time moderation. The company does this with a scalable SaaS language service based on artificial intelligence and machine learning which does automatic processing, analysis, and visualization of huge unstructured text corpora of any language. AI Moderator technology automates user-generated-content moderation in real time and identifies, flags, and removes automatically any unwanted or dubious content from the online discussions, social media postings, and peer-to-peer commerce sites. Utopia Analytics Oy was founded in 2014 and is based in Helsinki, Finland.

AppFollow.fi Oy

Seed Round in 2019
AppFollow.fi Oy designs and develops a cloud based app monitoring, app store optimization, and customer support platform. Its platform gathers and manage user app’s and game’s data, increase app conversion rate, improve app store rankings and app user loyalty. Its platform focuses on real time monitoring for reviews, updates, ranking changes, and search result positions. AppFollow.fi Oy was founded in 2014 and is headquartered in Helsinki, Finland.

Meontrust Inc.

Seed Round in 2014
Meontrust Inc. provides security solutions to banks, financial services, telecom operators, and other online services and their users. The company provides MePIN, a Security as a Service solution for two-factor authentication, transaction authorization, trusted messaging, login without a password, and lost devices and other use cases. Its solution is used by banking and financial services, bitcoin and cryptocurrency services, content cloud services, OTT video services, payment service providers, and real-money iGaming services, as well as for multiplayer online games and online games for kids. The company was founded in 2010 and is based in Helsinki, Finland. As of August 28, 2017, Meontrust Inc. operates as a subsidiary of Inside Secure SA.

AppFollow.fi Oy

Series A in 2020
AppFollow.fi Oy designs and develops a cloud based app monitoring, app store optimization, and customer support platform. Its platform gathers and manage user app’s and game’s data, increase app conversion rate, improve app store rankings and app user loyalty. Its platform focuses on real time monitoring for reviews, updates, ranking changes, and search result positions. AppFollow.fi Oy was founded in 2014 and is headquartered in Helsinki, Finland.

Leadfeeder

Seed Round in 2016
Leadfeeder is a tool that lets you know more about your website visitors and converts promising visitors into sales leads. It shows you a list of companies that have visited your website and you can see what pages they loaded and how they found you. Leadfeeder connects to your Google Analytics using the API and fetches data about website visitors. When you see an interesting lead, you can email it to your sales team or send it straight to your CRM. Leadfeeder was founded in 2012 and is based in Helsinki, Finland.

Surveypal

Seed Round in 2015
Surveypal, Inc. operates an online customer survey platform for businesses. It offers feedback automation, style editor, office compatibility, CRM integration, and support services; and allows users to send, receive, and track surveys. The company was founded in 2011 and is based in San Francisco, California.

LeapIN

Series A in 2019
Xolo is focusing on 40 million professionals globally who have chosen to run their business independently. Its aim is to reduce time spent on business administration to near zero by offering an incredibly simple online platform that merges company formation, banking, accounting, and other services. Xolo is the quickest and easiest way to launch and run a one-person freelancing business in Europe. Its largest markets are Germany, Spain, France, the UK, Ukraine, and Turkey. Xolo's typical customers are software developers, management consultants, designers, or other independent professionals.

AppFollow.fi Oy

Seed Round in 2018
AppFollow.fi Oy designs and develops a cloud based app monitoring, app store optimization, and customer support platform. Its platform gathers and manage user app’s and game’s data, increase app conversion rate, improve app store rankings and app user loyalty. Its platform focuses on real time monitoring for reviews, updates, ranking changes, and search result positions. AppFollow.fi Oy was founded in 2014 and is headquartered in Helsinki, Finland.

PromoRepublic

Seed Round in 2016
PromoRepublic.com is a Social Media Content Automation SaaS for SMBs. They improve the quality of content posted by SMBs on Facebook, Instagram, and other social networks by providing automation tools and suggesting relevant, customizable templates of social media posts. TechCrunch called us “WIX for a small business’s social presence”. They’ve achieved a stable 15% monthly user growth with more than 50K small and medium business owners registered on the platform. 2,5 million social media posts have already been discovered, customized, and published with the help of PromoRepublic.

AlphaSense

Series A in 2016
AlphaSense, Inc. develops search engine solution for information discovery. The company’s platform enables research professionals to search, navigate, set alerts; and analyze filings, research, news, and other disclosures for critical data points. AlphaSense, Inc. was founded in 2007 and is headquartered in New York, New York. It has additional offices in London, United Kingdom; Helsinki, Finland; Pune, India; and the United States.

AlphaSense

Series B in 2019
AlphaSense, Inc. develops search engine solution for information discovery. The company’s platform enables research professionals to search, navigate, set alerts; and analyze filings, research, news, and other disclosures for critical data points. AlphaSense, Inc. was founded in 2007 and is headquartered in New York, New York. It has additional offices in London, United Kingdom; Helsinki, Finland; Pune, India; and the United States.