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byFounders News
February 21, 2024
byFounders investment team expands with addition of Sinah Mussmann, who will be focused on shaping the future of Danish startups

byFounders investment team expands with addition of Sinah Mussmann, who will be focused on shaping the future of Danish startups

We are extremely excited to welcome Sinah Mussmann to the byFounders Investment team. Sinah will be based in the Copenhagen office, where she will continue to work with early-stage founders in the New Nordics, particularly focusing on the Danish ecosystem.
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Insights
February 15, 2024
You built it, but will they come? How to nail product-market fit by fine-tuning your strategy with customer needs from day one

You built it, but will they come? How to nail product-market fit by fine-tuning your strategy with customer needs from day one

In this article, Collective member and former CPO of Calm, Mads Johnsen, and former product leader turned investor, Magnus Hambleton, share their experiences and advice on how to nail your product-market fit by including your customers in your product building from day one.
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Insights
January 30, 2024
Packaging 101 for Pre & Seed Stage Companies

Packaging 101 for Pre & Seed Stage Companies

Palle Broe shares a detailed step-by-step guide on how to create your first pricing strategy. This is Part 2 of a two-part series.
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Insights
January 10, 2024
Report: Shape of the New Nordics 2023

Report: Shape of the New Nordics 2023

A perspective on pre-seed to Series A technology startups and VCs across the Nordics and Baltics, based on findings from byFounders' original database.
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Insights
December 19, 2023
Pricing 101 for Pre & Seed Stage Companies

Pricing 101 for Pre & Seed Stage Companies

Palle Broe, a valued member of the byFounders Collective, shares a detailed step-by-step guide on how to create your first pricing strategy.
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byFounders News
December 19, 2023
byFounders Welcomes Line Ettrich

byFounders Welcomes Line Ettrich

byFounders expands team with Data & Research Lead, Line Ettrich, to better leverage valuable data
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Insights
October 19, 2023
VC 201 - The VC Success Equation

VC 201 - The VC Success Equation

Three necessary (but not sufficient) conditions to succeed in venture capital
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Investment Thesis
October 11, 2023
Protein Engineering: a New Paradigm Emerging at the Intersection of AI and Biotechnology

Protein Engineering: a New Paradigm Emerging at the Intersection of AI and Biotechnology

Matias delves into Protein Engineering, discussing the critical importance of proteins, the advancements in design technologies, and the transformative influence they have on fields such as biology, materials science, and life sciences.
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Portfolio News
September 25, 2023
Introducing QA.tech: Transforming QA Testing with AI

Introducing QA.tech: Transforming QA Testing with AI

QA.tech is building the first Autonomous QA Tester – to create a future of reliable and bug free applications built by both humans and artificial intelligence
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Investment Thesis
September 22, 2023
The Carbon Rush:  Investing in Carbon Dioxide Removal

The Carbon Rush: Investing in Carbon Dioxide Removal

Casper Bjarnason delves into the Carbon Dioxide Removal (CDR) landscape, discussing the significance of CDR in achieving climate targets, the determinants of its success, and the venture capital perspective on investing in this field.
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Insights
September 7, 2023
6 Reflections From My 6 Months Interning in Venture Capital

6 Reflections From My 6 Months Interning in Venture Capital

Matias Salonen is the newest member of the byFounders investment team. He joined as an intern in January 2023 and recently transitioned into a full-time investor role. In the following, Matias reflects on the lessons learned and shares his path into venture capital and recommendations for prospective VCs.
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Portfolio News
September 3, 2023
Redefining Kubernetes with Rig.dev's Open-Source Application Platform

Redefining Kubernetes with Rig.dev's Open-Source Application Platform

Announcing Rig.dev's $2.2M pre-seed round
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Portfolio News
August 24, 2023
Our Investment in Jellatech: the Future of Sustainable Proteins

Our Investment in Jellatech: the Future of Sustainable Proteins

Jellatech is pioneering the ethical and sustainable production of complex proteins like collagen through cellular agriculture
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byFounders News
July 5, 2023
Martin Krag steps up as Partner at byFounders

Martin Krag steps up as Partner at byFounders

A New Chapter at byFounders
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Insights
June 1, 2023
What is the Existential Risk of AI?

What is the Existential Risk of AI?

Bridging the Intelligence Gap: The Uncharted Terrain of Superintelligence
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Insights
April 18, 2023
We are Publishing our First Impact-Awareness Report

We are Publishing our First Impact-Awareness Report

Playing our part in building a better tomorrow
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Insights
March 14, 2023
Rain, Startup Fragility & Boundary Conditions

Rain, Startup Fragility & Boundary Conditions

Or how to consciously decide on your level of risk
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byFounders News
March 2, 2023
All for One and One for All

All for One and One for All

byFounders Celebrates Camille Zivré's Promotion to Principal
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Insights
March 1, 2023
VC 101 - Cultivating a Venture Mindset

VC 101 - Cultivating a Venture Mindset

Forget everything you thought you knew.
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Portfolio News
February 23, 2023
Cutting Through Workplace Noise

Cutting Through Workplace Noise

Creating the right context for productive work with AI-powered summarization
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Portfolio News
February 22, 2023
Building the go-to platform for investing in culture‍

Building the go-to platform for investing in culture‍

OWND abstracts away the complexity of purchasing NFTs by lowering the technical, financial, and social barriers. This allows fashion enthusiasts and sneakerheads to purchase, trade, and collect fashion NFTs, including physical items from leading brands such as Nike, Adidas Originals, Gucci, Prada, to name a few. And they are just getting started. 
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Portfolio News
February 3, 2023
Tackling Climate Change, One Household at a Time

Tackling Climate Change, One Household at a Time

Investing in a greener future with DREM - Accelerating the deployment of heat pumps
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Portfolio News
January 25, 2023
Our investment in Supernormal: ​​The future of cognitive computing

Our investment in Supernormal: ​​The future of cognitive computing

Supernormal uses a fine-tuned Large Language Model to automatically generate meeting summaries, decisions, and action points.
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January 17, 2023
Shape of the New Nordics 2022

Shape of the New Nordics 2022

What's moving in the New Nordic tech landscape?
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Portfolio News
January 11, 2023
We invested in Francis: the efficient spreadsheet giving business leaders their time back

We invested in Francis: the efficient spreadsheet giving business leaders their time back

Too often, we see small business owners hurting from the stress of financial uncertainty. We see them learning the hard way (and often too late) that they should’ve invested in tools that bring visibility to their finances, and they should’ve asked for support to help make the right strategic financial decisions in a timely manner.
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Portfolio News
January 8, 2023
byFounders invests in Watalook - revolutioning the beauty industry with its all-in-one platform

byFounders invests in Watalook - revolutioning the beauty industry with its all-in-one platform

Watalook offers a comprehensive platform that caters to the unique needs of independent beauty professionals, allowing them to manage their clients, brand, and finances all in one place.
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byFounders News
December 20, 2022
Magnus Melau joins the byFounders Team

Magnus Melau joins the byFounders Team

We're finishing the year strong by welcoming Magnus Melau to the team as Impact & Finance Manager. In his role, Magnus will support our portfolio companies in building and scaling responsible businesses while ensuring transparency in our operations and financial performance. Read on to find out more about him and our reasoning for introducing such a role.
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Insights
December 9, 2022
Seed funding for startups 101: How to raise cash from VCs in 2023

Seed funding for startups 101: How to raise cash from VCs in 2023

Looking to hit the next level of growth with seed funding? Sifted published an extensive piece on everything you need to know before you start and we contributed with our thoughts.
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Portfolio News
November 17, 2022
Improving rental relationships – Proper secures €3 million to continue its European expansion

Improving rental relationships – Proper secures €3 million to continue its European expansion

Proptech startup Proper has just raised an additional €3 million in new funding. The Copenhagen-based team is aiming to transform the way we live, facilitating greater harmony between landlords and tenants.
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Portfolio News
October 31, 2022
byFounders and Creative Force team up to bring leading e-commerce brands industry-changing solutions

byFounders and Creative Force team up to bring leading e-commerce brands industry-changing solutions

Creative Force’s mission is to streamline and enable creative operations for leading e-commerce brands and online retailers. In a nutshell, they automate manual tasks so the creator can focus on creativity.
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Portfolio News
October 26, 2022
Qvin: Introducing the Q-Pad

Qvin: Introducing the Q-Pad

Dr. Sara Naseri - CEO & co-founder of our, Qvin recently made some noise in the media and on stage as the the stellar team launched the Q-Pad: the first and only healthcare service to scientifically prove menstrual blood can test for critical health information – just like a traditional laboratory blood test.
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Portfolio News
October 25, 2022
Bob W raises €21 million in Series A funding

Bob W raises €21 million in Series A funding

Tech-driven hospitality provider, Bob W, which offers a smarter and more sustainable alternative to hotels and short-stay rentals, has secured €21 million in Series A funding, led by IDC Ventures, Elevator Ventures, Verve Ventures and Flashpoint.
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Insights
October 20, 2022
5 things I wish I knew before starting in early-stage VC

5 things I wish I knew before starting in early-stage VC

For years, I tried to self-educate myself about VC and the startup industry. I read and studied as many books, articles, and podcasts as I could, and watched as many episodes of Silicon Valley as possible to get a glimpse into the life of a VC. I have now been with byFounders for 9+ months and I have come to the conclusion that VC is not something that can be self-taught. Here's what I've learned.
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Insights
October 18, 2022
Skype’s legacy and the rise of the ‘New Nordics’

Skype’s legacy and the rise of the ‘New Nordics’

The focus on tech startup development across the Nordic region has intensified in recent years, thanks to a glut of global success stories. And yet, just a stone’s throw across the Gulf of Finland sits a Baltic nation that rarely hits the headlines, despite a current unicorn count of 10 from a population of just 1.2 million. We dig into why that is.
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byFounders News
October 3, 2022
Say hello to byFounders' fall intern: Idil Tuysuzoglu!

Say hello to byFounders' fall intern: Idil Tuysuzoglu!

With a background in operations & product at climate tech giants, Northvolt and Einride, and an engrained go-get-'em attitude brought on by her New Jersey roots, Idil comes with an impact-driven personality and focus to byFounders.
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Portfolio News
September 22, 2022
byFounders leads the €2.3 million pre-seed round in Cello: supercharging product growth by making word-of-mouth rewarding

byFounders leads the €2.3 million pre-seed round in Cello: supercharging product growth by making word-of-mouth rewarding

Cello is the world’s first user-led growth platform that helps businesses to harness their most passionate users to drive word-of-mouth growth at scale.
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Portfolio News
September 16, 2022
Smitten raises $10 million Series A

Smitten raises $10 million Series A

Smitten has secured $10M in Series A round funding. The dating app will utilize the funds to grow its team and expand to new markets.
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Portfolio News
September 14, 2022
Monta raises additional €30 million to power Europe’s EV charging ecosystem

Monta raises additional €30 million to power Europe’s EV charging ecosystem

Monta has raised an additional €30 million as part of its Series A+ round. The investment will be leveraged to open up new markets like North America, while strengthening its position in Scandinavia, the UK, and Germany,
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byFounders News
September 7, 2022
byFounders welcomes machine learning and HealthTech enthusiast, Magnus Hambleton, and expands the team into Stockholm

byFounders welcomes machine learning and HealthTech enthusiast, Magnus Hambleton, and expands the team into Stockholm

We’re humbled to announce that Magnus Hambleton has joined the byFounders investment team. Currently sitting with us at our headquarters in Copenhagen, Magnus will be one of the first employees to join the Stockholm office, which is due to open its doors in late 2022.
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Portfolio News
July 21, 2022
Normative raises €31 million in Series B funding

Normative raises €31 million in Series B funding

Normative has raised €31 million to further expand supply chain measurement services, aiming towards helping more customers reduce emissions through increased accuracy in the data.⁠
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Portfolio News
July 8, 2022
Our investment in Salto X: the platform enabling token incentive plans for remote companies

Our investment in Salto X: the platform enabling token incentive plans for remote companies

“The main bottleneck for European startup growth is not the lack of capital, it’s the lack of talent!” This sentence has been said by many and I’m now stating it again because it’s sadly the truth. If we are serious about wanting Europe’s tech scene to thrive (and one day be on par - or better - than the US) then we need to drastically improve our ability to attract and retain talent.
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Portfolio News
July 8, 2022
Lucinity raises $17 million Series B round

Lucinity raises $17 million Series B round

Lucinity secures $17 million in its Series B round to fight financial crimes through AML. The company will utilize the funding accelerate growth and geographic coverage for its Human AI technology.
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Portfolio News
June 30, 2022
Vibrant raises €4 million seed round funding

Vibrant raises €4 million seed round funding

Vibrant has secured €4 million in seed round funding. The funding will be used use the funding to grow its customer base and prioritize extensions into new markets.
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Insights
June 1, 2022
Environmental social governance law enhances Danish tech startup's impact

Environmental social governance law enhances Danish tech startup's impact

Environmental social governance (ESG) became mandatory in Denmark in late 2021. This differentiation between impact funds and ESG will be a game-changer. The transition will provide much-needed differentiation from impact funds, and is one that the Danish tech startup scene will master the better than most.
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Portfolio News
May 20, 2022
Aumio raises €3 million to support children’s mental health through playful learning

Aumio raises €3 million to support children’s mental health through playful learning

We’ve been truly excited by the emergence of parenting tech for a while now, and supporting children and their parents in dealing with mental health struggles is a mission we obviously want to stand behind. We’ve been actively looking for the right combination of a product market fit and founder drive. When we came across Aumio - a unique sleep and mindfulness cosmos for children - jumping onboard was a no-brainer for us. Let us tell you why. 
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Portfolio News
May 5, 2022
Januar raises €6 million in seed funding startup to build financial infrastructure for crypto economy

Januar raises €6 million in seed funding startup to build financial infrastructure for crypto economy

Danish financial infrastructure partner for crypto businesses Januar has raised €6 million in funding. Januar will use the new funding to roll out its crypto-friendly financial services for businesses across Europe, starting with payment accounts for crypto businesses.
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Portfolio News
April 21, 2022
SafetyWing raises $35 million Series B round

SafetyWing raises $35 million Series B round

SafetyWing just raised $35 million to scale its health insurance cover for remote workers! The new funds will be used to scale its flagship product Remote Health and create "global social safety net".
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byFounders News
March 22, 2022
Founders have spoken - and these are their top-rated 20 European seed investors

Founders have spoken - and these are their top-rated 20 European seed investors

Anonymous VC review site Landscape has published the first list of the top 20 seed investors in Europe, based exclusively on feedback from founders - and byFounders made the list! Thank you to all of you who voted for us!
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byFounders News
February 28, 2022
Sara Rywe becomes the third partner of byFounders

Sara Rywe becomes the third partner of byFounders

Do you know how difficult it is to find a needle in a haystack? That's how Tommy and I felt when we started to search for a third partner. Today, we're excited to announced that we actually managed to find the needle in the haystack. Please welcome Sara Rywe as the third partner of byFounders.
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byFounders News
February 25, 2022
Nytt milliardfond ser etter norske startups

Nytt milliardfond ser etter norske startups

Byfounders har hentet i underkant av milliarden til sitt andre fond. Innen våren er målet å ha 1,2 milliarder ferske kroner de kan strø over Norden og Baltikum.
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byFounders News
February 25, 2022
Ny miljardfond riktar sig mot svenska startups

Ny miljardfond riktar sig mot svenska startups

Sara Rywe, som är ny partner hoppas att riskkapitalbranschen ska ta tag i allt som har att göra med att ta ansvar för de anställda, mångfald, klimatavtryck bolagen har och integritet gällande data och teknologi. ”Vi kan inte prata om en rättvis relation och ett partnerskap om inte det visas i kontraktet”, säger Sara Rywe.
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Portfolio News
February 25, 2022
Monta establishes one of the most ambitious EV charging projects in new partnership with Copenhagen Airports A/S

Monta establishes one of the most ambitious EV charging projects in new partnership with Copenhagen Airports A/S

Powered by Monta’s software, Zapp/EWII and Copenhagen Airport will set up new charge points from ABB and offer EV charging both inside and outside the airport. This is one of the most ambitious EV charging projects in Denmark and will help expand the charging infrastructure tremendously.
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Portfolio News
February 7, 2022
Lucinity in Top 40 solutions for UN SDGS

Lucinity in Top 40 solutions for UN SDGS

ucinity has been named a WSA Winner in 2021 for their efforts to fight financial crime with a next-generation, digital transformation-enabled anti-money laundering (AML) solution.
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Portfolio News
January 25, 2022
Kleoverse raises $1.2 million in funding to transform how talent is measured

Kleoverse raises $1.2 million in funding to transform how talent is measured

CVs are old-fashioned - and they don’t give a realistic image of a candidate’s experience and skills. Web3 startup Kleoverse is on a mission to change how people measure and discover talent in the online native world.
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Portfolio News
January 17, 2022
Digitail unveils plans to enhance veterinarian – pet parent connection and get closer to the hybrid pet care model

Digitail unveils plans to enhance veterinarian – pet parent connection and get closer to the hybrid pet care model

With new features to its PIMS and Pet Parent App the connection between veterinarians and pet parents will be enhanced. With these new features, Digitail aims to position itself as a leading global provider of the hybrid pet care model.
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Portfolio News
January 13, 2022
Greenely raises SEK 40 million in Series A

Greenely raises SEK 40 million in Series A

After a record year with a 150% growth in their paying customerbase, Greenely has secured their Series A round. One of the key areas which Greenely will use the funding for is their marketing campaign - to keep up their record-growth.
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Portfolio News
January 12, 2022
Cobalt calls for making PtaaS the core of proactive cybersecurity programs

Cobalt calls for making PtaaS the core of proactive cybersecurity programs

Without proactively instituting preventative security controls, organizations are rolling the dice and leaving their luck up to cybercriminals. How pentesting (and addressing pentest findings in a timely manner) can be what prevents your organization from becoming the next security headline.
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Portfolio News
December 17, 2021
Fuzey raises $4.5 million in seed round

Fuzey raises $4.5 million in seed round

Fuzey, a “digital one-stop shop” for small businesses and independent contractors, raised $4.5 million in seed funding. Fuzey will use the new funding for product development and geographical expansion. They are already operating in select markets in Europe, the U.S. and Canada.
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Portfolio News
December 17, 2021
London-based Fuzey, the digital one-stop-shop for SMEs and independent contractors, raises a €4m seed round

London-based Fuzey, the digital one-stop-shop for SMEs and independent contractors, raises a €4m seed round

We’re so proud to lead the €4m seed round in London-based Fuzey: the all-in-one messaging platform that centralizes small businesses’ communications, payments, marketing, and calendars. 
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byFounders News
December 16, 2021
byFounders strengthens its investment team by welcoming Camille Zivré

byFounders strengthens its investment team by welcoming Camille Zivré

We’re so excited to welcome Camille Zivré to the investment team and look forward to seeing in action the passion and dedication she has toward founders.
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Insights
December 13, 2021
The growth journey of a CTO

The growth journey of a CTO

Anne-Sofie Nielsen, VP of Software Development at the global HR & financial SaaS company, Workday, previous CTO of Peakon and nemlig.com, and an active member of the byFounders Collective, shares with us some of the challenges of growing with a CTO role, how to acquire some of the skills that will be needed along the way, and when to consider if you are still the best fit for the role - and vice versa.
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Portfolio News
November 25, 2021
AeroGuest reaches big milestone of handling EUR 10M in payments

AeroGuest reaches big milestone of handling EUR 10M in payments

Our portfolio company AeroGuest reached a major milestone: they have handled over EUR 10M in payments between their guests and hotels. AeroGuest is accelerating with a current monthly transaction volume of EUR 1.5M.
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Insights
November 8, 2021
Steal, provoke & flatter: How to get media coverage through thought-leadership

Steal, provoke & flatter: How to get media coverage through thought-leadership

Unless you have a celebrity founder, or a flair for spectacular press stunts, getting press coverage for your startup is notoriously hard. Very few have a revolutionary product to carry them through, and the reality is that 99% of startups aren’t inherently newsworthy.
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Portfolio News
November 2, 2021
Our Investment in Monta: Powering the EV Ecosystem

Our Investment in Monta: Powering the EV Ecosystem

We invested in Monta in March this year. Since then, Casper and Anders and the rest of the team have not looked back and we are firm believers in Monta being on track to be the dominant EV charging platform in Europe and beyond. Here’s why:
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Portfolio News
October 29, 2021
Why we Invested in PipeBio: no-code SaaS for bioinformatics and drug development

Why we Invested in PipeBio: no-code SaaS for bioinformatics and drug development

The human costs of the pandemic forced the scientific community to rethink how processes, such as drug development, can be done 10x faster than before. PipeBio is at the frontline of that development.
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Insights
October 28, 2021
Why we’re launching a coaching program

Why we’re launching a coaching program

Because no founder should have to go it alone.
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Portfolio News
October 7, 2021
Bob W. comes to London

Bob W. comes to London

Bob W comes to city of London with its Watling Street property. This will be the company’s first to open its doors in London in 2022. The short-stay apartments are just down the street from St Paul’s Cathedral.
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Portfolio News
October 7, 2021
AeroGuest expands to the US

AeroGuest expands to the US

Bringing next level mobile hospitality to the US is the exciting next frontier for our portfolio company AeroGuest. Seeing how American travelers are very open to new technology, AeroGuest has experienced quite a lot of interest for their GuestTech ecosystem. Services such as mobile web check-in, choose your own room, mobile payment, digital key and easy re-booking are cool benefits that American travelers are looking for.
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Portfolio News
October 6, 2021
Normative receives €10 million in funding to fight climate change

Normative receives €10 million in funding to fight climate change

The CEO Co-founder of Normative, Kristian Rönn, announces that Normative has received investments of €10 million to guide even more businesses along the path to net zero. Normative aims to set the norm so that all businesses can take responsibility for their carbon emissions.
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Portfolio News
September 10, 2021
Why We Invested in Januar: Financial infrastructure for crypto companies

Why We Invested in Januar: Financial infrastructure for crypto companies

For too long crypto native companies have been lacking a stable and secure banking foundation to run their businesses from without the fear of being shut down by their, presumed, banking partner. Enter Januar.
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Portfolio News
September 9, 2021
Corti raises $27 million in Series A funding to transform patient consultations with AI

Corti raises $27 million in Series A funding to transform patient consultations with AI

The funding will help expand Corti's patient base from 15 to 100 million consultations a year. Corti plans to use the money to fuel their expansion into primary care in the US.
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Portfolio News
August 18, 2021
Uizard raises $15 million Series A financing

Uizard raises $15 million Series A financing

This round of financing is expected to help Uizard advance their mission to democratize design to empower non-designers everywhere and enable Uizard to make key hires to scale their AI-powered platform.
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Insights
July 28, 2021
COVID-19 accelerated responsibility among investors & had an impact on mission-driven founders

COVID-19 accelerated responsibility among investors & had an impact on mission-driven founders

Denmark is in a unique position to become one of the largest impact startup hubs in Europe. The responsibility of investors, beyond financial returns, is being taken more seriously following the corona crisis and criteria like ESG will soon become mandatory. Paired with a new generation of mission-driven founders, who are becoming more selective about what investors they will allow onto their cap table, we see the responsibility movement positively accelerating.
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Portfolio News
June 22, 2021
Why we invested in GamerzClass

Why we invested in GamerzClass

When first meeting Victor Folmann and listening to a very candid podcast episode he did on Iværksætterhistorier we learned that Victor’s entrepreneurial career started already in his teens. He quickly realized that he had a knack for sales; whether it was vegetables or cell phones didn’t matter; you had something to sell; he was your guy.
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Portfolio News
June 18, 2021
Why We Invested in Smitten

Why We Invested in Smitten

Having been a long-time user of dating apps, I was intrigued when we got the tip that there was a brand new super-hot dating app in Iceland. I wasn’t sure what to expect, but after meeting David, understanding his background and vision for the product, and being blown away by his charisma and displayed drive, I was sold.
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Portfolio News
June 17, 2021
Why We Invested in BonBot

Why We Invested in BonBot

At byFounders, we are a team of enthusiastic foodies. So, when we heard about BonBot: a modular retail food concept with a mobile front-end and a robot-powered store, we knew we had to meet the talent behind it. Learning that BonBot was founded by extremely impressive King veterans made us even more intrigued.
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Insights
June 1, 2021
The Do's & Don'ts of Running a Remote-first Startup

The Do's & Don'ts of Running a Remote-first Startup

The pandemic has showed everyone one thing: remote work is here to stay. In this article, Tony Beltramelli, CEO & co-founder of Uizard.io, shares what he's learned from running a remote-first company for the past three years.
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Portfolio News
May 23, 2021
Bob W is climate neutral

Bob W is climate neutral

What’s climate neutrality, you ask? It’s similar to being ‘carbon-neutral’ but considers all climate-warming gases, not just carbon dioxide. Our Portfolio company, Bob W, is reducing their impact on the environment by double offsetting their emissions and working to emit less in the first place.
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Portfolio News
May 12, 2021
Contractbook closes Series B to lead a revolt against PDF’s!

Contractbook closes Series B to lead a revolt against PDF’s!

We are revolutionizing the existing online contract signing tools of today by creating the contract management platform of tomorrow and showing people that simple PDFs are an impediment to today’s efficient work environment,” says Contractbook founder and CEO Niels Martin Brochner.
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Insights
May 11, 2021
Let Me Tell You About My Internship at byFounders

Let Me Tell You About My Internship at byFounders

What is it like working for a VC in the New Nordics? Our most-recent joiner, Kipras, shares his experiences to, hopefully, help others who may be thinking about breaking into the industry find the best fit.
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Portfolio News
May 4, 2021
Tame raises €4.6 Million in seed round

Tame raises €4.6 Million in seed round

The funding is expected to power up the headcount at Tame, with more than 35 positions now up for grabs, and aggressively target and expand in the UK market. The company is also projecting revenue growth of 4-5x in 2021, which would then put them in the black, and be primed for a large A round in Q1 of 2022.
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byFounders News
May 2, 2021
Our Commitment For the Investor Ecosystem to Increase the Diversity in Founders and the Companies We Invest In

Our Commitment For the Investor Ecosystem to Increase the Diversity in Founders and the Companies We Invest In

Today was a special day as eight Danish leading investors and matchmakers - including ourselves - committed to increasing the diversity in founders and the companies of tomorrow. We invite you to read the goals of the Diversity Commitment here.
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Portfolio News
April 15, 2021
Monta secures $4.9 million to provide access to charging stations for all

Monta secures $4.9 million to provide access to charging stations for all

Meet the newest member of our Portfolio: the next-generation app for EV charge point management and optimization - Monta. Founded by dedicated engineers and tech-minded professionals, the €4 million will enable them to enter 10 new European markets and hire new colleagues. (DK)
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Portfolio News
April 13, 2021
Google endorses Normative, who automates climate impact work

Google endorses Normative, who automates climate impact work

With its software, Swedish Normative visualizes the climate impact of a company's actions and suggests ways of addressing and improving it. Financial support from Google means that the company is ready to expand its services. (SWE)
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Portfolio News
April 9, 2021
Bob W raises $11 million for apartment hotels

Bob W raises $11 million for apartment hotels

During the pandemic, Bob W has reached occupancy rates as high as 90% at its properties in Estonia and Finland. They've now secured their first apartments in London and is opening properties in central Helsinki this Spring. “Despite the pandemic, our revenue grew significantly in 2020,” said Niko Karstikko, CEO and co-founder. Bob W expects to double its headcount this year.
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Insights
March 23, 2021
Introducing an 8th T to Our Updated Investment Framework

Introducing an 8th T to Our Updated Investment Framework

Since day one, we have made efforts to take responsibility beyond what’s expected of a VC. We are now making these efforts more explicit by gearing up to launch a holistically impact-aware strategy. Here's how we are taking the next step to building the VC fund of Tomorrow.
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Insights
March 23, 2021
How We Evaluate Companies: Our 8 T Framework

How We Evaluate Companies: Our 8 T Framework

Similarly to how you need to consider who you want to join you on your journey, we as investors need to consider what rocket ships we should opt for a seat on. In this post, we are outlining how we structure our thinking when evaluating companies.
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Portfolio News
March 19, 2021
Why We Invested in Digitail

Why We Invested in Digitail

"There are few things with my job that I appreciate more than when people drastically surpass all my expectations!" - Sara Rywe, Investor here at byFounders, was so impressed by the founder's tenacity, extraordinary grit and structure, she knew we absolutely needed to be part of their journey.
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Portfolio News
March 17, 2021
Digitail raises $2.5 million and expands to the US

Digitail raises $2.5 million and expands to the US

The platform is currently improving the workflow of more than 2,000 veterinarians in 16 countries. Its integrated customer app has enabled 500,000 pet parents to access all their medical information in real-time and to connect with their vet instantly.
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Portfolio News
March 11, 2021
Proper closes a $4.6 million seed round

Proper closes a $4.6 million seed round

Proper has made strides toward establishing itself as the preferred platform among landlords in Denmark. Today, over 3,500 leases are managed through Proper, resulting from a growth rate exceeding 200% in 2020. The service handles all day-to-day administration, payments, bookkeeping, communication with tenants, and more. 
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Insights
March 4, 2021
Why Hotels Should Ditch Their ‘Bourgeois’ Non-Digital Solutions

Why Hotels Should Ditch Their ‘Bourgeois’ Non-Digital Solutions

The future of hospitality is convenience driven and touch-free. In response, the hotel industry needs to speed up its digital transformation, says Nikolai Kronborg, chief commercial officer of mobile hospitality app, AeroGuest.
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Insights
March 3, 2021
Minimum Viable Distribution for Startups

Minimum Viable Distribution for Startups

Imagine building something transformative. Then imagine no one ever noticing. In this article, we share why founders need a Minimum Viable Distribution strategy to succeed.
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byFounders News
February 24, 2021
Our 2020 Investments

Our 2020 Investments

2020 was a year like no other. But moving behind the screens did not slow us down: we still welcomed seven new startups to our portfolio! From an AML software company working to ‘make money good’, to AI that makes negotiating more honest and responsible, without further ado, let’s meet our newcomers!
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byFounders News
February 21, 2021
Sebastian is Listed as One of Europe's Top 30 Young Investors

Sebastian is Listed as One of Europe's Top 30 Young Investors

Sebastian stepped into the world of VC after helping Swedish SaaS startup Fieldly with their fundraise while doing his bachelors at the University of Warwick. He’s now at byFounders, a fund focused on the Nordics and Baltics. We're proud to have him onboard!
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Portfolio News
February 21, 2021
Why we invested in Proper

Why we invested in Proper

At byFounders, we instantly got excited about the idea of building a digital property manager that automates all manual tasks while also ensuring that the property owner and landlord feel in control. More importantly, we were captivated by the founders.
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byFounders News
February 1, 2021
Kipras Daujotas Joins the byFounders Team

Kipras Daujotas Joins the byFounders Team

This month we didn’t just onboard two new byFounders Collective members from Norway: we also welcomed Kipras to our core team!
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Collective
January 25, 2021
We’re welcoming Marie Mostad and Christian Mikalsen to the Collective

We’re welcoming Marie Mostad and Christian Mikalsen to the Collective

Further bolstering our position in the Norwegian tech ecosystem, the byFounders Collective now encompasses a total of 65 of the most successful entrepreneurs and operators in the Nordics and Baltics, providing its portfolio companies operational expertise and a global network.
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Portfolio News
January 22, 2021
SafetyWing raises $8 million to expand its health insurance for ‘Digital Nomads’

SafetyWing raises $8 million to expand its health insurance for ‘Digital Nomads’

SafetyWing, a Norwegian startup providing health insurance to remote and gig economy workers, has raised $8 million to expand its product offerings. The company operates in the burgeoning field of insurtech and provides insurance cover to remote workforces, or ‘digital nomads’, through its Remote Health product, especially those working across borders and in different jurisdictions.
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Insights
January 7, 2021
byFounders' Guide to the Term Sheet

byFounders' Guide to the Term Sheet

What do you need to know at seed stage? In the spirit of transparency, we wanted to share our Term Sheet and our thoughts behind some of the clauses we deem most important.
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Portfolio News
December 9, 2020
Contractbook raises $9.4 million in Series A funding

Contractbook raises $9.4 million in Series A funding

Contractbook, an end-to-end contract lifecycle management platform, raked in $9.4 million in its Series A round, led by Bessemer Venture Partners.The Copenhagen-based software company will use its new funding to "aggressively" enter the US market, and take on existing players in the contracts space, like DocuSign.
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