What stage does Creandum invest at?

Creandum invests at the Seed, Series A, Series B, Series C, Growth stages.

What is Creandum's typical check size?

Creandum typically writes checks of $216K – $8.6M.

Where is Creandum located?

Creandum is headquartered in San Francisco, US.

Does Creandum lead rounds?

Creandum typically participates in rounds rather than leading them.

Creandum

Venture capital

San Francisco · Seed–Growth · 48 people tracked

Also known as CREANDUM FUND MANAGER AB · CREANDUM III ADVISOR AB · CREANDUM IV ADVISOR AB · CREANDUM V ADVISOR AB

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Investment thesis

Creandum invests early in ambitious founding teams building products with strong design and product experience, believing that the best product wins and that the right entrepreneur can disrupt any industry. The firm emphasizes intuition combined with data-driven iteration, strong leadership teams, and great company culture as keys to long-term success. It positions itself as a hands-on, long-term partner that supports founders through good times and bad, offering access to a team of investors, operators, founders, and specialists to help companies scale globally.

Invests inAdvanced Manufacturing AI & Machine Learning E-commerce Energy Enterprise Software Fintech Mobility & Transportation Robotics Sector AgnosticEuropeGlobalSan FranciscoStockholm

Source: firm website, verified Aug 7, 2026.

Stage

Seed–Growth

Check

$216K – $8.6M

San Francisco, CA, US

Leads rounds

Follows

Instruments

Equity

Founded

2003

AUM

$1.3B

VC funds

Tracked investments

Team · 48 people

from the firm's website & public directories

Carl Fritjofsson· General Partner· San Francisco, Californiain 𝕏

Partner at Creandum based in San Francisco, focusing on AI infrastructure, vertical AI, and consumer opportunities. Previously a management consultant, co-founded ad network Adprofit and the gift/rewards platform Wrapp, and first joined Creandum as an associate before rejoining in 2016 to build out the firm's US hub.

c•••@creandum.comreveal

Daniel Blomquist· Fund Partner· Stockholmin 𝕏

Daniel Blomquist is a Fund Partner at Creandum, a venture capital firm with offices in Stockholm, Berlin, and San Francisco. He also serves as Director of the Kauffman Fellows program.

Fredrik Cassel· General Partner· Swedenin 𝕏

Fredrik Cassel, the firm's first analyst (2003) turned General Partner and culture carrier, vets product user love and led its first institutional Spotify round after being an extremely early user.

f•••@creandum.comreveal

Hanel Baveja· Partner· London

Creandum's first American hire and a Partner based in London, focused on AI-first B2B companies building new categories. She previously worked at Insight Partners and spent three years at Union Square Ventures, and studied creative writing and economics at Harvard.

h•••@creandum.comreveal

Jakob Stein· Partner· Berlinin

Partner at Creandum based in Berlin, investing across the AI stack with a focus on enterprise AI, compute infrastructure, and physical AI. Previously interned at Creandum, then joined cargo.one where he launched its North America operations before returning to the firm; he focuses on the DACH and CEE regions.

j•••@creandum.comreveal

Johan Brenner· General Partner· Stockholm, Swedenin 𝕏

Johan Brenner combines a deep operator background—having founded and scaled companies—with a 20+ year, structured approach to spotting unicorn traits and a preference for long-term founder relationships over quick deals.

j•••@creandum.comreveal

Peter Specht· General Partner· Berlin, Germanyin 𝕏

Peter is a Partner at Creandum based in London, focused on AI infrastructure and applications, software, and selectively deeptech. Before Creandum, where he helped build out the DACH market, he worked at Rocket Internet's Lazada, Google, and Bain & Company's PE taskforce, and studied at the University of St. Gallen and ESADE.

p•••@creandum.comreveal

Peter Stilwell· Operating Partner· London

Sabina Wizander· Partner· Stockholm, Swedenin 𝕏

s•••@creandum.comreveal

Simon Schmincke· General Partner· Berlin, Germanyin 𝕏

Former operator who led Foodpanda in Asia and HelloFresh's North American launch, a prominent fintech backer of N26, Klarna and Trade Republic who provides hands-on board guidance and challenges hype.

s•••@creandum.comreveal

Staffan Helgesson· General Partner· Stockholm, Swedenin 𝕏

Staffan Helgesson built a flat, partner-run firm modeled on Benchmark, expanded to Silicon Valley to pincer Europe's VC hub, and backs 3–5/year targeting 50–200x using forced rankings with minimal involvement.

s•••@creandum.comreveal

Gemma Bloemen· Principal· London Area, United Kingdomin 𝕏

Gemma Bloemen backs software-first hardware for grids and factories, combining Uber UK hypergrowth ops and early-stage COO at Elder with regulatory expertise to advance human-AI collaboration in energy and mobility.

Richard Keuntje· Vice President· Londonin

Richard is a Vice President on Creandum's investment team, based in London, with a sector-agnostic approach and particular interest in enterprise software and AI. He grew up in an entrepreneurial family, studied in Copenhagen and London, and worked in Munich and Berlin before joining Creandum.

r•••@creandum.comreveal

Jonathan Teklu· Venture Partner· Berlin, Germanyin

Jonathan Teklu is an entrepreneur and investor who has co-founded Global Leads Group, Springstar, Global Alliance Energy, and Kalle Neukölln. He holds investments in multiple companies across sectors including mobility, logistics, energy, and technology, among them Airbnb, Uber, SpaceX, and Deel. Teklu serves as founding curator of the Berlin Global Shapers Hub by the World Economic Forum and is a founding member and advisor at InteGREATer e.V.

Alexandra Österman· Executive Assistant· Stockholmin

Beata Klein· Associate· Swedenin 𝕏

Beatrice Rellman Skantze· General Counsel· Stockholmin

Cam Sellers· Investment Team· Londonin

Clara Leise· Investment Team· Berlinin

Daniel Ovenden· Talent Team· Londonin

Daniel Ovenden works in talent and founders network operations at Creandum. He has prior experience at Revolut across multiple funding rounds from Series C through Series E, and at Better Origin during its Series A stage.

Emelie Odelfalk· Executive Assistant· Stockholm

Felix Haas· Designer in Residence· Berlin

Filip Mark· Investment Team· Stockholmin 𝕏

Filip Mark is Vice President at Creandum. Previously, he held a product role at Passionfroot. His background includes building software products in AI, payments, and marketplaces.

George Goldhagen· Marketing Lead· Londonin

Ghazwa Khalatbari· Investment Team· San Franciscoin

Ginger Hilb· Head of Offices· Berlinin

Gustav Lindqvist· Data Science Specialist· San Francisco

Iris Hendriks· Vice President

i•••@creandum.comreveal

Isabelle Sandblom· Executive Assistant· Londonin

Jesper Psilander· Legal Principal· Stockholmin

John Nilsson· Financial Controller· Stockholmin

Josefin Bladh· Senior Fund Controller· Stockholm

Katarina Lilljequist Briem· Executive Assistant· Stockholmin

Kathi Wilhelm· Investment Team· Berlinin

Lars Nordwall· Advisor· Stockholmin 𝕏

Lars Nordwall is a Venture Partner at CREANDUM and board member with experience scaling software companies. He held leadership roles at Neo4j, where he grew the company from 8 to over 800 employees and built annual recurring revenue to $150M, and at Pentaho, where he led a transformation that resulted in a Hitachi acquisition for over $500M. He also served as founding VP of Worldwide Sales at SugarCRM and earlier worked at Cambridge Technology Partners during its expansion to 6,500 employees and subsequent acquisition by Novell.

Lauri Lehtmaa· Investor· Stockholm, Swedenin 𝕏

Lisa Selke· Head of Executive Support· Berlinin

Lovisa Wahlberg· Head of Events· Stockholmin

Maria Raga· Advisor· London

Maximilian Grohmann· Associate· Berlin, Germanyin 𝕏

Michelle Coventry· VP Talent· Londonin

Michelle Coventry is Vice President of Talent at Creandum VC, where she also manages platform partnerships. With over 20 years of experience building and developing teams at growth-stage companies across EMEA and US markets, she advises founders and operating teams on talent acquisition, executive hiring, people operations, compensation design, and equity matters from seed stage through exit.

Naomi Kellner-Read· Office Manager· Londonin

Nelson Casata· Investment Team· London

Niclas Engström· Finance Director· Stockholm

Oscar Ponce· Legal Counsel· Stockholm

Peter Ramsey· Entrepreneur in Residence· London

Sanna Westman· Investor· Stockholm, Swedenin 𝕏

Sarah Otter· Investment Team· London

What they invest in

from 18 of 32 portfolio companies

SaaS ×14AI & Machine Learning ×11Developer Tools ×6Enterprise Software ×5Climate Tech ×3Data & Infrastructure ×3Cloud Computing ×2E-commerce ×2

HQs:United States×8United Kingdom×3Norway×2Sweden×2Germany×1Spain×1

Investments · 32 tracked

founders shown can be your intro path

KlarnaNYSE: KLAR

Making online shopping easy and hassle-free

Enodeenode.comin 𝕏✓ verified

Enode provides APIs that enable energy companies and climate tech startups to coordinate electricity demand and supply by automatically optimizing consumer energy usage based on renewable availability and pricing.

Advanced ManufacturingCleantechClimate TechData & InfrastructureEnergySaaSOslo, NO

Henrik Langeland(Founder)inNikolai Heum(Founder)in

Enodeenode.io✓ verified

Enode provides APIs that connect and optimize distributed energy devices such as EVs, chargers, home batteries, solar panels and heat pumps, giving energy companies a single integration to build energy and flexibility products.

Climate TechDeveloper ToolsEnergyIoT

Jackandjilljackandjill.aiin 𝕏✓ verified

Jack & Jill builds AI agents to support job seekers and companies in hiring: Jack helps individuals navigate career transitions and job searches with personalized coaching, while Jill assists companies in identifying and recruiting qualified candidates.

AI & Machine LearningFuture of WorkHR TechSaaSLondon, GB

Matthew Wilson(Co-founder & CEO)Saaras Mehan(Co-founder & CTO)

Jamsocketmodal.comin 𝕏✓ verified

Modal provides a serverless cloud platform designed for data, AI, and machine learning applications, enabling developers to scale from zero to thousands of CPUs or GPUs with simple code.

AI & Machine LearningCloud ComputingDeveloper ToolsNew York, US

Erik BernhardssonAkshat Bubna

Neo4jneo4j.comin 𝕏✓ verified

Neo4j develops a graph database and graph data platform used to build applications that leverage connected data, with products including AuraDB, Graph Data Science, and vector search for GraphRAG and GenAI use cases.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSan Mateo, US

Lars Nordwall(Executive Officer)Emil Eifrem(Executive Officer, Director)Michael Asher(Executive Officer)Michael Treskow(Director)Emanuel Lang(Director)Christian Jepsen(Director)

Abacum Inc.SEC filingmedium confidence

New York, US

Board seatPeter Specht· per SEC Form D · $43.3M raise · filed Jun 2025

CAST AI GroupSEC filingmedium confidence

Miami, US

Yuri Frayman(Executive Officer, Director)Leon Kuperman(Executive Officer, Director)Einaras von Gravrock(Director)

BoardYehuda Neuberger(Director)Babak Yazdani(Director)Caspar Wahler(Director)

Board seatCarl Fritjofsson· per SEC Form D · $71.5M raise · filed May 2025

Codesphere Inc.SEC filingmedium confidence

Karlsruhe

Board seatCarl Fritjofsson· per SEC Form D · $26.7M raise · filed May 2024

Hosted AISEC filingmedium confidence

San Jose, US

Carl Fritjofsson(Director)Ditlev Bredahl(Executive Officer, Director)James Withall(Director)Narendar Shankar(Executive Officer, Director)Claus Zibrandtsen(Director)

Board seatCarl Fritjofsson· per SEC Form D · $18.7M raise · filed Apr 2026

Safety NestSEC filingmedium confidence

San Francisco, US

Sondre Rasch(Executive Officer, Director)Sarah Sandnes(Executive Officer, Director)Hans Nyvold Kjellby(Executive Officer, Director)Carl Fritjofsson(Director)Eric Lagier(Director)Mads Haneborg(Executive Officer)

Board seatCarl Fritjofsson· per SEC Form D · $12.9M raise · filed Feb 2021

Vivinovivino.comSEC filingmedium confidence

San Francisco, US

Jonathan Kaplan(Director)Heini Zachariassen(Executive Officer, Director, Promoter)Johan Brenner(Director)M. Christophe Navarre(Director)

Board seatJohan Brenner· per SEC Form D · $25.1M raise · filed Jan 2016

Making online shopping easy and hassle-free

Alokaialokai.comin 𝕏

Alokai develops frontend software for ecommerce retailers to build fast, modern online storefronts using composable commerce and headless architecture.

AI & Machine LearningDeveloper ToolsE-commerceEnterprise SoftwareSaaSWarsaw, PL

Patrick Friday(Founder)inFilip Rakowski(Founder)inBart Roszkowski(Founder)in

Bokiobokio.sein

Bokio is an all-in-one accounting and business administration platform for Swedish companies that integrates accounting, payments, invoicing, payroll, and a corporate bank account in a single system.

FintechSaaSGöteborg, SE

Capi Moneycapimoney.comin 𝕏

Capi Money provides cross-border payment services for importers in emerging markets, enabling them to pay suppliers in multiple currencies with settlement within 24 hours.

FintechLondon, GB

Mitch Riley(Co-founder / CEO)inScott Liddle(Founder)in

Cerrion

Agentic AI platform that connects to standard factory cameras to continuously monitor production zones, detecting process deviations, quality breakdowns, and safety hazards and acting on them in real time.

Cognition

The world's first AI full stack software engineer

Craftcraft.doin 𝕏

Craft is a software application designed to prioritize user experience and aesthetic design, focusing on making the tools feel pleasant and intuitive to use.

Developer ToolsFuture of WorkSaaSSector Agnostic

Distribusiondistribusion.comin

Distribusion provides a B2B booking platform and API for ground transportation, connecting travel retailers and brands with bus, airport transfer, train, and ferry providers worldwide.

B2B MarketplacesClimate TechSaaSTravel & Hospitality

Doinstructdoinstruct.comin

doinstruct is an AI-powered training and compliance platform that converts standard operating procedures, presentations, and documents into mobile-accessible lessons in 35+ languages for frontline workers.

AI & Machine LearningEdTechSaaS

Edit withlovable.devin 𝕏

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 ToolsSaaS

Fabian Hedin(Executive Officer, Director)Anton Osika(Executive Officer, Director)

Euro Seed 50euroseed50.com

Junctionjunction.comin 𝕏

Junction provides a unified API platform that connects healthcare providers, wellness companies, and EHR systems to a nationwide network of labs and 300+ medical devices.

Data & InfrastructureHealthtechSaaSWellness & FitnessLondon, GB

Maitham Dib(Founder)in

Maisamaisa.aiin 𝕏

Maisa is an automation platform that combines AI reasoning with deterministic logic to create accountable, auditable AI agents for enterprise business processes.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaS<UNKNOWN>, ES

Pablo Fernandez Alvarez(Executive Officer, Director)David Villalon Pardo(Executive Officer, Director)Andrew Volkov(Executive Officer, Director)Jochen Doppelhammer(Executive Officer)Peter Specht(Director)Raul Pucheta(Executive Officer)

Mavenoidmavenoid.comin

Mavenoid develops AI-powered customer support automation for product companies that handles technical support inquiries beyond chatbot capability.

AI & Machine LearningEnterprise SoftwareSaaS

Mixmaxmixmax.comin 𝕏

Mixmax is an AI-powered sales execution platform that helps sales teams manage customer engagement and communication workflows.

AI & Machine LearningSaaSSales TechSan Francisco, US

Chanpory Rith(Director)Olof Mathe(Executive Officer, Director)

Plancraft

SaaS platform that simplifies financial processes and project management for small craft businesses

Sereactsereact.aiin 𝕏

Spotify

The world's leading digital music service

Vesencevesence.comin 𝕏

Vesence is a platform that enables teams to delegate complex work in Microsoft Office applications (Word, Excel, PowerPoint, Outlook) to AI agents.

AI & Machine LearningEnterprise SoftwareLegalTechSaaSStockholm, SE

Henrik Hansson(Founder)inLudvig Swanstrom(Founder)in

VOIDSvoids.aiin

VOIDS provides AI-powered demand forecasting and inventory management software for e-commerce brands.

AI & Machine LearningE-commerceMarketing TechSaaSHamburg, DE

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Frequently asked questions

What stage does Creandum invest at?: Creandum invests at the Seed, Series A, Series B, Series C, Growth stages.
What is Creandum's typical check size?: Creandum typically writes checks of $216K – $8.6M.
What sectors does Creandum focus on?: Creandum focuses on Advanced Manufacturing, AI & Machine Learning, E-commerce, Energy, Enterprise Software, Fintech, Mobility & Transportation, Robotics, Sector Agnostic.
Where is Creandum located?: Creandum is headquartered in San Francisco, US.
Does Creandum lead rounds?: Creandum typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

[ENG] #137 - Johan Brenner (Creandum) - Can diversity give rise to more unicorns?

Finscale · Johan Brenner

What’s Required to Raise Venture Capital When The World Has Changed | Carl Fritjofsson of Creandum

SaaStock · Carl Fritjofsson

[EXCERPT] #8 - Johan Brenner (Creandum) - Can diversity give rise to more unicorns? | Finscale...

Solenne Niedercorn · Johan Brenner

Fredrik Cassel - Creandum - Untold Stories Conference Budapest 2021

Untold Stories Conference · Fredrik Cassel

Fireside: Fredrik Cassel, General Partner at Creandum - Future Unicorns: How To Spot Them Early?

Slush · Fredrik Cassel

Disrupting wine and VC: Fredrik Cassel (Creandum) & Heini Zachariassen (Vivino)

Startup Grind Local · Fredrik Cassel

Images

Co-investors · 116

Accel

Accel is a venture capital firm that partners with exceptional founding teams, positioning itself as a first partner to startups globally.

Both backed · 2

Edit with Jamsocket

$1.6M – $70M

Techstars

Techstars is a startup accelerator and early-stage investor that funds ambitious founders and provides capital, mentorship, and access to a global network of investors, operators, and corporate partners.

Both backed · 2

Bokio VOIDS

$220K

Menlo Ventures

Menlo Ventures is a venture capital firm that backs transformative, early-stage technology companies reshaping how people live and work.

Both backed · 2

Edit with Jamsocket

$1M – $20M

Headline

Headline is a venture capital firm that invests in early-stage consumer internet and mobile companies across global markets.

Both backed · 2

PlancraftSereact

$661K – $103M

FELIX CAPITAL

Felix Capital is a venture capital firm investing at the intersection of technology and creativity, focused on the evolution of the human experience at home, at work, and in-between.

Both backed · 2

AlokaiSereact

$1M – $20M

General Catalyst

General Catalyst is a venture capital and investment firm that backs founders across industries, with a strong focus on AI-driven transformation, fintech, healthcare, and other sectors.

Both backed · 1

Jamsocket

$30M

GV (Google Ventures)

GV (formerly Google Ventures) is a venture investment firm that backs founders across many industries, aiming to build long-term relationships and support companies across multiple stages and milestones.

Both backed · 1

Neo4j

$250K – $50M

Khosla Ventures

Khosla Ventures is a venture capital firm known for backing bold, contrarian bets in world-class teams that can reshape entire industries.

Both backed · 1

Edit with

$5K – $50M

Index Ventures

Index Ventures is a venture capital firm that backs founders across the globe, investing in the people behind ideas from early through later stages.

Both backed · 1

VOIDS

$540K – $10.8M

Bain Capital Ventures

Bain Capital Ventures is the venture arm of Bain Capital, backing founders from incubation and seed through growth-stage, leveraging Bain Capital's global platform, industry expertise, and network.

Both backed · 1

Jamsocket

$1M – $100M

DST Global

DST Global is a global internet-focused investment firm that backs fast-growing, high-value internet companies. It does not solicit or accept retail investors.

Both backed · 1

Edit with

$100K – $200M

Balderton Capital

Balderton Capital's portfolio page listing companies it has backed across stages, sectors, and geographies, primarily in Europe.

Both backed · 1

Vivino

$5M – $50M

▶104 more co-investors

F-Prime Capital Partners Red Swan Ventures Point Nine Capital Harrison Metal Northzone Operator Collective CapitalG Lakestar NFX 83North Mosaic Ventures Dawn Capital LLP Hummingbird Ventures 20VC TMV Logistics ForgePoint Capital Ada Ventures byFounders Air Street Capital Inreach Ventures J12 Ventures Andreessen Horowitz Sequoia Capital Founders Fund Lightspeed Venture Partners Bessemer Venture Partners Greylock Partners Founder Collective Benchmark First Round Capital Coatue Management True Ventures Sound Ventures IVP (Institutional Venture Partners)CRV (Charles River Ventures)Atomico Tiger Global Management Plug and Play Ventures Susa Ventures Goat Capital Accel-KKR Scale Venture Partners PICUS CAPITAL Cota Capital Bowery Capital Next47 Lowercase Capital Thrive Capital Gusto EQT Ventures Global Founders Capital Coinbase Ventures Causal HV Capital Latitud Ventures MaC Venture Capital 468 Capital ICONIQ Capital Passion Capital Teamworthy Ventures Cherry Ventures Target Global Company Capital Mouro Capital Heartcore Capital 2xN Freigeist Capital Lead Edge Capital Valar Ventures Llc Earlybird Venture Capital Kohlberg Kravis Roberts La Famiglia HOF Capital Octopus Ventures Propeller VC SAV (Scale Asia Ventures)Project A Ventures Possible Ventures Paladin Capital Group EQT Life Sciences Acton Capital Frontline Ventures 8090 Industries Ligature VC redalpine Finch Capital KOMPAS VC Bek Ventures Team Global Alkeon Capital Amino Collective finway Kfund N26 Icebreaker AI21 Labs 42CAP Samaipata Energize Ventures LEA Partners Vendep Capital GreenPoint Partners Blue Horizon Corporation Cloudflight

Firms observed investing alongside Creandum, from public investor directories. Shared companies are the overlap with Creandum's recorded portfolio.

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