Vendep Capital

Vendep Capital, established in 2013 and based in Espoo, Finland, is a venture capital firm specializing in early-stage investments. It focuses on pre-series A funding for technology companies, with a particular emphasis on B2B SaaS and B2B marketplaces in the Nordics and Baltics. The firm typically invests between 0.1 to 3 million euros per company, providing not only capital but also leveraging its extensive SaaS expertise and global networks to support and accelerate the growth of promising startups.

Samuli Aheristo

Investment Analyst

Sami Ahvenniemi

General Partner

Artis Bisers

Investment Analyst

Timo Felin

Investment Director

Janiina Lammi

Investment Director

Sakari Pihlava

General Partner

Past deals in Baltics

Xolo

Series A in 2021
Xolo OU, founded in 2015 and based in Tallinn, Estonia, offers an online platform designed to assist freelancers, contractors, and digital nomads in managing their microbusinesses. The company provides two primary services: Xolo Go, which facilitates the creation of a virtual company, and Xolo Leap, an EU-based company option. Targeting approximately 40 million independent professionals globally, Xolo aims to minimize business administration tasks by integrating company formation, banking, accounting, and related services into a single, user-friendly platform. This approach allows individuals, particularly in markets such as Germany, Spain, France, the UK, Ukraine, and Turkey, to quickly and easily launch and operate one-person businesses. Xolo's typical clientele includes software developers, management consultants, designers, and other independent professionals seeking a streamlined solution for enterprise management.

Xolo

Series A in 2019
Xolo OU, founded in 2015 and based in Tallinn, Estonia, offers an online platform designed to assist freelancers, contractors, and digital nomads in managing their microbusinesses. The company provides two primary services: Xolo Go, which facilitates the creation of a virtual company, and Xolo Leap, an EU-based company option. Targeting approximately 40 million independent professionals globally, Xolo aims to minimize business administration tasks by integrating company formation, banking, accounting, and related services into a single, user-friendly platform. This approach allows individuals, particularly in markets such as Germany, Spain, France, the UK, Ukraine, and Turkey, to quickly and easily launch and operate one-person businesses. Xolo's typical clientele includes software developers, management consultants, designers, and other independent professionals seeking a streamlined solution for enterprise management.
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