byFounders
Venture capitalCopenhagen · Pre-Seed–Series A · 7 people tracked
Investment thesis
Nordic and Baltic–focused fund offering a 65+ founder/operator Collective, Silicon Valley bridges, integrated ESG design, and founder-written practical guidance on pricing and product-market fit.
Team · 7 people
from public directories
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What they invest in
from 14 of 63 portfolio companiesSaaS ×9AI & Machine Learning ×8Developer Tools ×3Enterprise Software ×3Fintech ×3Cloud Computing ×2Consumer ×2Sales Tech ×2
HQs:United States×5Denmark×3Estonia×1Finland×1Iceland×1Sweden×1
Investments · 63 tracked
founders shown can be your intro pathBy year:2026 · 12021 · 12 dated
Outfunnel builds a data synchronization platform that connects sales and marketing apps such as HubSpot, Pipedrive, Mailchimp, Monday, Airtable, and Klaviyo, letting SMBs sync contacts, score leads, and create cross-platform reporting.
Marketing TechSaaSSales TechTallinn, EE
Michiel Klonhammer(CEO)Andrus Purde(CEO and Co-founder)Markus Leming(Co-Founder & Head of Product and Support)
Zefram, officially Stealth Black Oy, is a Finnish technology company that uses computers and large language models to identify sales prospects with real needs and generate tailored arguments highlighting mutual benefits.
AI & Machine LearningSaaSSales TechHelsinki, FI
Tuomas RasilaAntti Lehtimäki
Contractbook provides a platform for automated contract management using machine-readable data formats and AI/machine-learning capabilities.
AI & Machine LearningEnterprise SoftwareLegalTechSaaSCopenhagen
Lars Floe Nielson(Director)Niels Martin Brochner(Executive Officer, Director)Jaroslaw Owczarek(Executive Officer, Director)
BoardMary D'Onofrio(Director)Darian Shirazi(Director)
Lovable is an AI-powered platform that enables users to build web applications and websites through conversational chat interactions with artificial intelligence.
AI & Machine LearningCloud ComputingDeveloper ToolsSaaSDover, US
Fabian Hedin(Executive Officer, Director)Anton Osika(Executive Officer, Director)
Eduflow provides a platform for instructors to create interactive learning activities that engage students across educational institutions and corporate training programs, positioning them as active participants rather than passive consumers of content.
EdTechCopenhagen, DK
David Kofoed Wind(Founder/CEO)inMalthe Jørgensen(Founder)inSimon Lind(Founder/CPO)in
Greenely offers a platform that lets households control, optimize, and reduce their electricity costs while earning from their energy automatically.
CleantechConsumerEnergyIoTSaaSSweden, SE
Januar is a regulated EEA payment institution offering operational IBAN accounts, crypto trading and storage, and embedded accounts for businesses.
Crypto & Web3CybersecurityFintechSaaSCopenhagen, DK
Simon Ousager(Founder)Rasmus Bjerregaard(CEO)Marcus Mølleskov(Chief Risk & Compliance Officer)
Dover, US
Antonio Vittorio Arbues(Executive Officer, Director)Miks Ozols(Executive Officer, Director)
BoardYair Reem(Director)
Lucinity provides AI-powered financial crime prevention and anti-money laundering operations for financial institutions.
AI & Machine LearningEnterprise SoftwareFintechReykjavik, IS
GK(Founder and Executive Chairman)Daniel Pálmason(Chief Executive Officer and Co-Founder)inJohann Haraldsson(Chief Technology Officer and Co-Founder)inGuðmundur Kristjánsson(Executive Chairman and Founder)in
Enterprise, real-time carbon emissions reporting
Parahelp builds an AI-powered customer support agent that can be configured to integrate with external tools and APIs to resolve support tickets autonomously.
AI & Machine LearningEnterprise SoftwareSaaSSan Francisco, US
Anker Ryhl(Founder)inMads Liechti(Founder)in
PipeBio provides a bioinformatics platform for drug discovery that enables scientists and bioinformaticians to analyze genomic and assay data.
AI & Machine LearningBiotechCloud ComputingData & InfrastructureHealthtechSaaSAarhus, DK
Owen Bodley(Founder)inJannick Bendtsen(Founder)in
Safety Wing provides health insurance, income protection, and travel coverage for digital nomads and remote workers.
FintechInsurTechTravel & HospitalitySan Francisco, US
Sondre Rasch(Founder/CEO)inSarah Sandnes(Founder/CTO)inHans Nyvold Kjellby(Founder/COO)in
Smitten is a dating app that emphasizes personality-based matching and interactive games to make dating more enjoyable.
ConsumerSocial
Portfolio news
latest coverage across their companiesEdit with · sinalytica.com · May 31, 2026
Parahelp · featurebase.app · May 20, 2026
Lucinity · trysignalbase.com · Mar 24, 2026
Eduflow · beauhurst.com · Apr 24, 2025
Frequently asked questions
- What stage does byFounders invest at?
- byFounders invests at the Pre-Seed, Seed, Series A stages.
- What is byFounders's typical check size?
- byFounders typically writes checks of $540K – $4.3M.
- What sectors does byFounders focus on?
- byFounders focuses on Consumer, Data & Infrastructure, EdTech, Enterprise Software, Fintech, FoodTech, Media & Entertainment, PropTech, SaaS, Sector Agnostic.
- Where is byFounders located?
- byFounders is headquartered in Copenhagen, DK.
- Does byFounders lead rounds?
- byFounders typically participates in rounds rather than leading them.
From the blog
visit blog ↗byFounders has written about their founder-friendly investment practices, including their approach to term sheets prioritizing founder interests, and their distinctive Collective of experienced operators and founders supporting portfolio companies. They have also announced backing for Fload, an agentic platform automating mobile app distribution. AI summary
Media · Podcasts & interviews
featuring the teamFounders need to think global from day one: Sara Rywe, General Partner at byFounders
Scaling-Europe · Sara Rywe
FULL INTERVIEW: Sara Rywe on byFounders, New Nordics Investing, Generational VC firm building
VENTURES with Viraj Acharya · Sara Rywe
Martin Krag, Partner at byFounders on the journey to partner, firm culture and coaching courage
The European VC · Martin Krag
ACT #199 Sara Rywe, byFounders
EUVC · Sara Rywe
Sara Rywe from byFounders is Signing Contracts for a Living—and Loving Every Second of It!
Contractbook · Sara Rywe
Investor i Nordic Solar siden 2015 - Tommy Andersen, byFounders stifter
Tommy Andersen · vimeo.com
Co-investors · 24
Luminar Ventures is a Nordic seed-stage venture capital firm founded by former founders and angel investors, backing pre-seed and seed companies across sectors.
Accel is a venture capital firm that partners with exceptional founding teams, positioning itself as a first partner to startups globally.
Creandum is a venture capital firm that backs early-stage technology companies before their potential becomes obvious.
Operator Collective is a venture firm built around a Collective Venture Model, backed by 200+ operator limited partners who are current tech executives and provide portfolio companies with access to enterprise decision-makers, expertise, and networks.
Heartcore Capital is an early-stage venture firm backing European founders from inception through Series A, with a dedicated practice investing in Web3 protocols.
Hummingbird Ventures is a global venture capital firm that partners with outlier founders across all stages, from inception to IPO.
Partech is a global investment firm that supports founders at every stage through dedicated teams and multiple funds across several continents.
Headline is a venture capital firm that invests in early-stage consumer internet and mobile companies across global markets.
Polaris Partners is a venture capital firm that partners with biotech and healthcare entrepreneurs to build transformational companies.
EQT Ventures is the early-stage venture arm of EQT, backing founders building what it calls Generation-Defining Companies, primarily across Europe. It acts as a lead investor, operational advisor, and high-conviction capital provider.
Causal is a financial planning and analysis platform that enables finance teams to move beyond traditional spreadsheet-based planning by integrating data from multiple sources and providing dynamic forecasting, budgeting, and scenario planning capabilities.
▶12 more co-investors
2xNfoobar.vcLa FamigliaAmplo VenturesPossible VenturesWorld FundEmbedded CapitalEnergize VenturesBerkeley Blockchain XceleratorFlash VenturesGreenPoint PartnersElo Health
Firms observed investing alongside byFounders, from public investor directories. Shared companies are the overlap with byFounders's recorded portfolio.
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