It's an extraordinary journey we've been on at byFounders, celebrating our five-year milestone, looking back on our progress, and looking forward to the road ahead. Our success was never a solo act. It has always been about our team's collective tenacity and vision. Today, I would like to highlight and recognize my colleague Martin Krag, who has been with us almost since the beginning and has had a material impact on our portfolio.
Martin became part of byFounders back in 2018, joining forces with Ida Åsle to launch the byFounders Platform, focusing on our Collective. His inherent knack for venture investments shone brightly from day one. He seamlessly transitioned into our investment team in less than a year, leaving a mark on our strategies and portfolio.
Martin's strengths in research, reflection, and recommendation consistently raise the bar, fostering an environment of intellectual growth for the entire team. His discerning insights and quest for excellence inspire us and, honestly, keep us on our toes!
As my colleague, Tommy Andersen, emphasizes: “Martin is an intellectual powerhouse coupled with a winning personality, a curious mindset, and an everlasting passion for startups and founders. He has singlehandedly identified and won the right to invest in some of our most promising portfolio companies."
He has helped us build a strong portfolio. Monta, Pipebio, Ento Labs, Januar, Kleoverse, Spoke, Vibrant and Supernormal (and more yet to be announced) are all part of Martin’s track record. The founders appreciate his dedication, commitment, and invaluable insights.
“Martin was, from the beginning, a true believer in Monta, and he played a pivotal part in getting us ready for our Series A. He is someone I've always been able to connect with since the earliest days." Casper Rasmussen, CEO at Monta
"Martin has been an exceptional lead investor for Vibrant, providing guidance and support that has been instrumental to our growth and team composition. His industry knowledge and experience has been invaluable and key for our success." Kasper Krog, CEO at Vibrant
Beyond sourcing and securing stellar investments, Martin has led the development of our portfolio construction and modeling while providing thought leadership through his writing on venture capital and startups. "When it comes to understanding the core of VC strategy and constructing portfolio models, Martin's knowledge is unparalleled," shares Sara Rywe, Partner at byFounders, "Learning from him daily is a true privilege."
Therefore, with immense pride and anticipation, I announce Martin's promotion to our fourth partner, alongside Tommy Andersen, Sara Rywe, and myself. This promotion represents a well-deserved and natural progression for Martin, who has been readying himself for this responsibility for a while. We look forward to working closely with Martin for many years to come.