Fundraising Fox

Monterro Growth

Growth equity

Stockholm · Growth · 79 people tracked

Also known as MONTERRO FUND MANAGEMENT AB

Find your way into Monterro Growth

1,418 people in our graph share verified history with the Monterro Growth team — schools, employers, funds. One of them is your warm intro.

Linaunlockedknows Matthew Marsh · together at Copenhagen Business School (overlapped)
×2knows the team · via SEB
knows the team · via Singapore Management University
knows the team · via Stockholm School of Economics
knows the team · via Celesta Capital
knows the team · via Copenhagen Business School
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Investment thesis

Monterro positions itself as a hands-on investor built by company builders, exclusively focused on B2B software. It invests its own capital alongside founders and provides operational experience, know-how, networks and resources rather than capital alone. A central part of its approach is helping portfolio companies embed AI across product, development and operations through a dedicated AI team and its 'Infuse AI' program, which shares playbooks and patterns across 25+ portfolio companies. The firm emphasizes preparing software businesses to win in the AI era, working with founders who have already built real products and functioning businesses to accelerate scaling.

Source: firm website, verified Sep 1, 2026.

Stage
Growth
HQ
Stockholm, SE
Leads rounds
Leads
Instruments
Equity
Private fund assets
$659.6M
Tracked investments
39

Team · 79 people

from the firm's website & curated
Gustav Lagercrantz· CEO and Portfolio Chairin
Lars Sveder· Co-founder & Chief Investment Officerin
Thomas Bill Revland· Co-founder and Portfolio Chairin
Adam Prinselaar· Exit & Financing Leadin
Aleksanteri Palo· Transactions Managerin
Amanda Ekhlasi· Marketing and Event Managerin
André Zester· Legal Counsel (secondment)in
Andreas Eidem· Growth Managerin
Anna Murray· Co-Lead Inorganic Growthin
Anna Widemar· Transactions Managerin
Axel Westphalen· Growth Managerin
Carl-Johan Hedström· AI Product Management Specialistin
Christoffer Janson· Platform Lead, Swedenin
Daniel Bertlin· Growth Managerin
David Kuritzén· Chief Transactions Officerin
Donia Corvera· Legal Counselin
Erik Knutsson· Co-Lead Inorganic Growthin
Fabian Folcker· Growth Managerin
Frederik Sextus Rasmussen· Transactions Managerin
Fredrik Tjärnberg· Tech Managerin
Hadar Cars· Transactions Managerin
Helena Holmgren· Finance Leadin
Huong Le· Scandinavian Software Park Operations Leadin
Huong Tran· Talent Specialistin
Josephine Andersson· Transactions Management Leadin
Juho-Pekka Penttinen· Growth Managerin
Kim Sneum· Portfolio Chairin
Lasse Diamant· Platform Lead, Denmarkin
Madelene Magnusson· Administration Managerin
Malin Welander· Chief Financial Officerin
Martin Henricson· Portfolio Chairin
Martin Odenbrand· Growth Managerin
Maxwell Starkie· Transactions Managerin
Nils Olsson· Portfolio Chairin
Ofelia Lindqvist· Transactions Managerin
Paulina Hedberg· Controllerin
Per Ivansson· CTO and Tech Leadin
Stina Bergfelt· Regulatory Counselin

Founder mafia

3 people who came through Monterro Growth went on to found or lead other companies.

What they invest in

from 14 of 39 portfolio companies

SaaS ×12Enterprise Software ×10AI & Machine Learning ×6Data & Infrastructure ×4HR Tech ×3Construction Tech ×2Cybersecurity ×2Digital Health ×2

HQs:Sweden×5Germany×1Denmark×1Norway×1United States×1

Investments · 39 tracked

founders shown can be your intro path
Autoflows

AI platform providing plug-and-play automation and predictive action plans for the automotive value chain.

Axiomatics

Cyber security company (invested 2013, divested 2022).

Bliksundbliksund.comin

Bliksund is a Norwegian software company that develops digital solutions for emergency services including fire and rescue, police, and public safety.

Digital HealthEnterprise SoftwareGovTechSaaSStockholm, SE

Caspeco

International restaurant tech company offering a cloud-based platform for the restaurant and hospitality industry.

Centuri

Nordic provider of quality management systems (eQMS) for document and deviation management.

Crm Service

SaaS platform for nonprofits to manage memberships, communications, invoicing, events and donations.

Gradegrade.comin

Grade provides HR software covering the full employee lifecycle — recruitment and onboarding, learning and development, competence management, and employee pulse surveys — for organizations, primarily in the Nordics.

EdTechHR TechSaaS

Hypergenehypergene.comin

Hypergene provides a cloud-based platform for financial planning and analysis (FP&A) and project and portfolio management (PPM), covering strategic planning, budgeting, forecasting, analysis, and reporting.

Enterprise SoftwareFintechSaaS

Kaisa

European SaaS company delivering solutions for digital marketplaces and car dealers.

Lime

Provides Lime CRM, one of the largest CRM suppliers in the Nordic region, targeting the SME segment (invested 2014, divested 2020).

Lumera

Fintech company (invested 2017).

Maintmastermaintmaster.comin

Maintmaster provides manufacturing intelligence software that transforms operator notes and downtime data into structured issue categories and financial analysis to support investment decisions for maintenance upgrades and reliability improvements.

Advanced ManufacturingAI & Machine LearningData & InfrastructureEnterprise SoftwareIoTSaaSHamburg, DE

Co-investorsAlmi Invest

Matilda Foodtechmatildafoodtech.comin

Matilda Food Tech provides digital solutions for food producers to manage production and distribution, including tender management, food safety compliance, and data-driven product decisions.

AI & Machine LearningData & InfrastructureEnterprise SoftwareFoodTechSaaS

Milientmilientsoftware.comin

Milient offers time management and resource planning software for teams to schedule work, track hours, manage time off, and maintain project visibility across distributed teams.

Construction TechEnterprise SoftwareFuture of WorkHR TechSaaSOslo, NO

Mors

Provider of Treasury Management, ALM and Risk Management solutions for banks and financial institutions.

Next One Technologynext-tech.comin

Next offers a project management system for the construction industry that covers the full project lifecycle from quote to invoice, helping construction firms plan, manage, and run profitable projects in one system.

Construction TechSaaS

Nimblrnimblrsecurity.comin

Nimblr delivers phishing and smishing simulations based on real-world attack data to train employees on security threats.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaS

Omnia

Cloud-based digital workplace software improving employee experiences for mid to large organizations.

Outpost24outpost24.comin

Provides application and cloud security technology and services simplifying security needs of modern businesses (invested 2016, divested 2022).

Co-investorsBright Pixel CapitalGolub GrowthKibo VenturesVitruvian Partners

Palette

Provider of AP automation software solutions to streamline financial processes, prominent in the Nordic region (invested 2015, divested 2021).

Pihrpihr.comin

Pihr is a SaaS company that provides software and advisory services to help organizations analyze salary data and achieve pay equity across their workforce.

Enterprise SoftwareHR TechSaaSSweden, SE

Planacy
Planima
Playippplayipp.comin

PLAYipp provides digital signage solutions that help organizations display information, communication, and messaging across physical locations such as production floors and campuses.

Enterprise SoftwareFuture of WorkMarketing TechSaaS

Projektportalen

Swedish project tool and business system for the construction and installation industry.

Pythagoras

Cloud platform for property, real estate, and facility management (IWMS).

Qondor

SaaS solution eliminating inefficiencies in meeting and event management.

Spark Vision

Digital sales and visualisation (CPQ) tool for kitchens, bathrooms and automotive.

Specops

Cyber security company (invested 2019, divested 2021).

Systecon

Global leader in lifecycle management and optimization for aerospace and defense.

TelarisOct 2014

Norwegian ERP system for SMBs in warehousing/logistics, production, sales and service.

Santa Monica, US

Anthony Kewitsch(Executive Officer, Director)George Rakuljic(Executive Officer, Director)

Timeedittimeedit.com

Resource management suite for universities including planning, scheduling, room booking and analytics.

Timextendertimextender.comin

Timextender provides a data integration and management platform with modules for data integration, enrichment, quality, and orchestration.

AI & Machine LearningCloud ComputingData & InfrastructureSaaSDenmark, DK

Heine Krog Iversen(Founder)Thomas Christiansen(Chief Data Architect)

Trapetstrapets.comin

Trapets provides AI-driven technology to help organizations detect and prevent financial crime, offering early risk identification with transparent explanations behind each alert.

AI & Machine LearningCybersecurityFintech

Umbraco

Content management software company.

Uniwise

International exam and assessment solution for higher education via its cloud platform WISEflow.

Valona Intelligencevalonaintelligence.comin

Valona provides competitive and market intelligence software for Fortune 500 companies and enterprises to inform strategic business decisions.

AI & Machine LearningData & InfrastructureEnterprise SoftwareMarketing Tech

Kimmo Havu(Chief Executive Officer)inJani Wahlroos(Chief Financial Officer)inStuart Reynish(Chief Product Officer)inNiklas Carling(Chief Revenue Officer)inKati Tammisto(Chief Marketing Officer)inEric Lau(Chief Customer Officer)in

Co-investorsInnovestor Ventures

Viedocviedoc.comin

Viedoc offers electronic data capture (EDC) software for clinical trial management that features visual design tools, API integrations with existing trial systems, and regulatory compliance features.

Digital HealthEnterprise SoftwareHealthtechSaaS

Weissr

Swedish software company helping industrial enterprises plan and manage Capex investments.

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Monterro Growth made?
Monterro Growth has 39 tracked investments.
What stage does Monterro Growth invest at?
Monterro Growth invests at the Growth stage.
What sectors does Monterro Growth focus on?
Monterro Growth focuses on Enterprise Software, SaaS.
Where is Monterro Growth located?
Monterro Growth is headquartered in Stockholm, SE.
Does Monterro Growth lead rounds?
Yes, Monterro Growth leads investment rounds.
Who does Monterro Growth co-invest with?
Monterro Growth most often shares deals with Bright Pixel Capital, Golub Growth, Innovestor Ventures, among 4 tracked co-investors.

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