🦊/Investors

Spintop Ventures

Venture capital

Stockholm · Pre-Seed–Series B · 14 people tracked

Find your way into Spintop Ventures

4,098 people in our graph share verified history with the Spintop Ventures team — schools, employers, funds. One of them is your warm intro.

Stephane Kurganunlockedknows Finn Persson · together at McKinsey & Company (overlapped)
×2knows the team · via McKinsey & Company
×3knows the team · via Copenhagen Business School
knows the team · via Ey
knows the team · via Mariadb Corporation
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Investment thesis

Spintop Ventures backs early-stage, software-driven technology companies based in the Nordic region, supporting mission-driven teams aiming to build great products with rapidly growing revenues. The firm seeks to help these companies become sector leaders while contributing to a long-term sustainable society. It offers portfolio teams access to a network of proven technology entrepreneurs and has invested in more than 35 teams to date.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series B
Check
$108K – $1.6M
HQ
Stockholm, SE
Leads rounds
Follows
Instruments
Equity
Founded
2005
Last 12 months
2 investments
Tracked investments
68
Acquisitions
9

Team · 14 people

from the firm's website & curated & public directories
Isabel Nilson· Investor

What they invest in

from 47 of 68 portfolio companies

SaaS ×28AI & Machine Learning ×18Enterprise Software ×13Fintech ×8Consumer ×7Marketplaces ×6Cybersecurity ×4Data & Infrastructure ×4

HQs:Sweden×18Norway×6Finland×4United States×4Denmark×2

Who they back

founder profiles across 17 portfolio companies
59%
solo founders
10 of 17 mapped founding teams
58%
repeat founders
of 19 founders with career history

Founding team size:solo founder×102 founders×63 founders×1

Where their founders studiedfrom 15 founders with education data

University of California, Berkeley ×3Norwegian University of Science and Technology (NTNU) ×2Shattuck-St. Mary's School ×2UiT- The Arctic University of Norway ×2University of Oslo ×2

What their founders studiedfrom 16 founders with field-of-study data

Computer Science ×5Business & Management ×4Social Sciences ×2

Where their founders worked beforefrom 19 founders with career history

Umeå University ×2

Investments · 68 tracked

founders shown can be your intro path

By year:2026 · 22025 · 52024 · 12023 · 42022 · 22021 · 12020 · 22019 · 118 dated

Sift Labsiftlab.comin✓ verified

Sift Lab provides analytics and personalization capabilities for ecommerce retailers and large retailers, using AI and segmentation to enable customer behavior prediction and omnichannel recommendations.

AI & Machine LearningMarketing TechRetail Tech

Linda Hellström(CEO)in

Solacesolace.careinAug 2026✓ verified

Solace Care is a digital platform for end-of-life planning and bereavement support that helps individuals and families prepare for loss, navigate the practical and emotional aftermath of death, and access guided support through insurance and employer partnerships.

AI & Machine LearningDigital HealthMental HealthSaaSWellness & FitnessStockholm, SE

Josef(Co-founder)Valtteri(Co-founder)

Co-investorsWave Ventures

Acampacamp.comFeb 2022

Campio (acamp.com) offers a booking and property management system for campsites and motorhome parkings, alongside a consumer platform where campers can explore over 30,000 campsites and book many directly.

MarketplacesSaaSTravel & Hospitality

Co-investorsLRF Ventures

Aibaaiba.aiin

Amanda is a real-time moderation AI for live streaming and interactive media platforms that automatically detects and blocks harmful content, coordinated harassment, and repeat offenders in chat at scale.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaSSocial

Hege Tokerud(CEO & Co-founder)inGard Støe(CTO & Co-founder)in

Co-investorsAntlerAntler AustraliaFirda

Alexisalexishr.cominacquired by Simployer

AlexisHR provides an AI-powered HRIS (Human Resources Information System) and chatbot platform designed for small and medium-sized businesses to enhance productivity and employee experience.

AI & Machine LearningHR TechSaaSSarpsborg, NO

Co-investorsFerdAlliance VCAlliance Venture

Cambricambri.ioin𝕏Series A · Mar 2021 · $4M

Cambri is a product research and concept testing platform that helps brands and product teams run iterative consumer insights studies to validate product and service concepts before launch.

AI & Machine LearningData & InfrastructureMarketing TechSaaSHelsinki and Stockholm, FI

Oskar Korkman(Co-founder)Dr Heli Holttinen(Founder)Dani Kamras(Co-founder)inDr Outi Somervuori(Co-founder)

Co-investorsGorilla CapitalOctopus VenturesOpenOceanThe 98Trind Ventures

Crossercrosser.ioin𝕏Acquired

Crosser provides a hybrid-first stream analytics and integration platform enabling real-time processing of streaming, event-driven, and batch data across cloud, on-premise, and edge environments.

Cloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareIoTSaaSStockholm, SE

Uffe Bjorklund(Co-founder)inJohan JonzoninMartin Thunmanin

Co-investors42CAPIndustrifondenAlmi InvestNorrlandsfonden

DazzleRocksdazzle.rocksSeries A · May 2020 · $7M

Joonas Jokela(Founder)Stella Wang(Founder)

Co-investorsbyFoundersSisu Game Ventures

DealDash®dealdash.com

DealDash is a pay-to-bid online auction marketplace for consumer goods.

Marketplaces

Co-investorsInnovestor Ventures

Defentrydefentry.comin

Defentry offers a modular B2B SaaS platform that lets banks, insurers, telcos, and cybersecurity providers launch white-label identity protection services, including dark web monitoring, credit and government record tracking, real-time alerts, automated data removal, and fraud recovery support.

CybersecurityFintechSaaSStockholm, SE

Christer(Co-founder)Farid(Co-founder)

Donkey Republicdonkey.bikein𝕏Feb 2019 · $5M

Donkey Republic operates a bike-sharing platform offering both pedal and electric bikes for short-term rental in cities worldwide.

B2B MarketplacesConsumerMarketplacesMobility & TransportationWellness & FitnessCopenhagen, DK

Erdem Ovacik(Co-founder)in

Co-investorsFuturistic.VCScale Capital

Elastisyselastisys.cominSep 2023

Elastisys builds Welkin, a Kubernetes-based application platform for running security-critical and compliance-heavy software across cloud, on-premises, and air-gapped environments.

Cloud ComputingCybersecurityDeveloper ToolsEnterprise SoftwareSweden, SE

Johan Tordsson(CEO & Co-Founder)inErik Elmroth(Chief Scientist & Co-Founder)inLars Larsson(Field Chief Technology Officer)inJohn Björksten(Chief Commercial Officer)inIngela Holmberg(Chief Financial Officer)inHans Olof Edblom(Chief Information Security Officer)in

EmbeDLembedl.cominSeed · Jun 2023 · $4M

Embedl provides software and tools for developing and deploying artificial intelligence on edge devices and embedded systems with constrained computational resources.

AI & Machine LearningDeep TechDeveloper ToolsGothenburg, SE

Devdatt(Co-founder, Professor at Chalmers University of Technology)Hans(CEO and Co-founder)

Co-investorsButterfly VenturesChalmers Ventures ABFairpoint Capital

Freskafreska.sein

Freska is a home cleaning service that connects customers with professionally employed cleaners on flexible contracts with no binding periods.

ConsumerMarketplacesStockholm, SE

Esa Vuolas(Founder)in

Freskafreska.noin

Freska provides recurring residential cleaning services in the Nordics, using cleaners it employs directly with insurance, sick pay, and holiday rights, managed through the Freska app.

ConsumerImpact & Social GoodMarketplacesBergen, NO

Esa Vuolas(Founder)in

Co-investorsMomentum

Freskafreska.fiin

Freska is a Finnish home cleaning service that provides recurring residential cleaning through trained, vetted cleaners, with bookings and management handled via its app.

ConsumerMarketplaces

Esa Vuolas(Founder)in

Co-investorsActon Capital

Gubbegubbe.cominSeed · May 2022 · $4M

Gubbe provides comprehensive care services for elderly and disabled individuals, maintaining their wellbeing and independence through consistent personal assistance from dedicated caregivers visiting at home or care facilities across Finland.

HealthtechSocialHelsinki, FI

Meri-Tuuli Helin(Co-Founder & CEO)inSandra Lounamaa(Co-Founder)in

Co-investorsTesi (Finnish Industry Investment Ltd)

Huberthubert.aiinSeed · Sep 2025 · $2.9M

Hubert provides structured interview technology for hiring that aims to improve prediction of work performance while reducing bias.

HR TechSaaS

Viktor Nordmark(Founder)in

Co-investorsAtomico

Hybird Energyhybird.energySeed · Jan 2025 · $3M

Hybird develops an electrical operating system (Hybird OS) with retrofit or new panel hardware that monitors electricity at the device level to detect and automatically eliminate consumption waste, serving businesses across office buildings, logistics, hospitality, retail, and manufacturing, as well as electrical installers who manage installations remotely.

CleantechEnergyIoTCopenhagen, DK

Morten Primdahl(Founder)Thomas SkovbySøren Berg(Co-founder)Johannes Torpe

Co-investorsInventure

Impulsoimpulso.sein

Impulso provides a dashboard that gives brands and retailers real-time visibility into sales, inventory, and demand across a shared view.

Data & InfrastructureEnterprise SoftwareFintechRetail TechSaaSStockholm, SE

Co-investors42CAP

Indyriotindyriot.comin

INDY RIOT is a direct-to-fan platform that enables musicians and artists to build and manage engaged fan communities through integrated tools for content, messaging, ticketing, and merchandise sales.

Creator EconomySaaS

InProdiconinprodicon.com

InProdicon is a Swedish company that builds human-curated music streaming products, offering its Chanzoo service of hand-programmed, ad-free music for listeners who want curated audio without effort.

ConsumerMedia & EntertainmentSaaS

IPRallyiprally.comin𝕏Mar 2023 · $10.8M

IPRally provides an AI-powered platform for patent professionals to search, analyze, and manage patents with greater speed and accuracy.

AI & Machine LearningEnterprise SoftwareLegalTechSaaSHelsinki, FI

Sakari Arvela(Co-Founder and CPO)inJuho Kallio(Co-Founder and CRO)inJuuso Piskonen(Co-Founder and Chief Architect)inDennis van der Veeke(CEO)inAndreas Cehlinder(CCO)inAntti Tarvainen(CTO)in

Co-investorsEndeit CapitalIcebreakerJoin Capital

Keeniouskeenious.comin𝕏

Keenious is an AI-guided platform that helps students and researchers find relevant academic papers and understand complex academic literature across disciplines.

AI & Machine LearningEdTechSaaS

Frode Opdahl(CEO & Co-founder)inAnders Rapp(Co-founder)in

Kristoffer Labuc Activerecarber.comin

ReCarber structures and finances carbon removal projects by securing offtake agreements for carbon credits and organizing project financing through special purpose vehicles (SPVs), enabling point emitters such as energy and industrial plants to undertake carbon capture initiatives.

B2B MarketplacesCleantechClimate TechFintechStockholm, SE

Co-investorsCourse Corrected VC Holding IILuminar Ventures

Leasecloudleasecloud.se

LeaseCloud is a web-based login portal operated by 3stepIT, offering account access for what appears to be a leasing or IT asset management service.

FintechSaaS

Meetricmeetric.com

Meetric is a software platform that unifies workplace conversations across departments and turns them into decisions and action through categorization, insights, and automated reporting.

AI & Machine LearningEnterprise SoftwareFuture of WorkSaaS

Marcus Möller(Founder)in

Mega Aimega.aiin

MEGA provides AI-powered solutions that automate and optimize the Order to Cash (O2C) process, including order management, debt collection, and cash collection for businesses.

AI & Machine LearningEnterprise SoftwareFintechSaaS

PeterMartin

Nomononomono.coin𝕏Oct 2024

Nomono builds audio technology and tools for storytellers and podcasters, combining storytelling with immersive audio.

AI & Machine LearningCreator EconomyHardwareMedia & EntertainmentTrondheim, NO

Kristine Schjerpen Snyderin

Co-investorsInvestinorSkyfall Ventures

Onceupononceupon.photoin

Once Upon Photo creates customizable photo books with Scandinavian design for consumers.

B2B MarketplacesConsumerSkellefteå, SE

Lina Andersson(CEO)in

Oneflowoneflow.comin𝕏

Oneflow is a contract management platform that structures contract data to surface insights, detect risks, and connect contracts to business processes across finance, sales, procurement, and HR.

Enterprise SoftwareLegalTechSaaS

Anders Hamnes(Founder)in

Pinmetopinmeto.comin𝕏

PinMeTo is a SaaS platform that helps multi-location brands manage and synchronize their location data, online conversations, and customer engagement across search engines, maps, social media, directories, and AI platforms.

Enterprise SoftwareMarketing TechRetail TechSaaSMalmö, SE

Co-investorsCNIRECAPEX

RALLYmariadb.comin𝕏

MariaDB develops a relational database system designed to serve as a cost-effective alternative to legacy databases like Oracle for storing and accessing data across mobile, web, and IoT applications.

Cloud ComputingData & InfrastructureEnterprise SoftwareSilicon Valley, US

Vikas Mathur(Chief Product Officer)in

Co-investorsHighBar PartnersOpenOceanSmartFinKreos Capital

ReclaimITreclaimit.comin

Reclaimit is a SaaS platform that helps merchants manage returns and post-purchase experiences through an all-in-one solution serving 600+ retailers and suppliers.

Circular EconomyE-commerceSaaSNorthern Swedish region, SE

Jörgen Dernbrant(Founder)in

Scrintalscrintal.comin𝕏Jan 2023 · $1M

Scrintal is a visual canvas tool that lets users organize and connect ideas block by block, combining thinking, writing, and sharing in one workspace.

AI & Machine LearningEdTechFuture of WorkSaaSStockholm, SE

Co-investorsIcebreaker

Seedseed.coAcquired

Seed offers mobile banking services tailored to small business owners, providing digital banking tools and support services for business management.

FintechSan Francisco, US

Brian Merritt(Founder/CEO)inRyan Hildebrand(Founder)in

Co-investorsY CombinatorAtomicoDCVC (Data Collective)PranaVenturesSGInnovateSystemiq Capital

Seven Starssevenstars.gamesinSeed · Feb 2025

Seven Stars is a mobile game studio that develops casual games, including "Castaway Isle," a merge-and-restore game with a mystery narrative.

ConsumerGaming

Co-investorsBehold VenturesFailup VenturesSisu Game VenturesSapphire PartnersStepstone Group

Small Giant Gamessmallgiantgames.comin

Helsinki-based mobile game developer building social, long-lifecycle games, operating since 2013.

Co-investorsButterfly VenturesSisu Game VenturesCreandumEQT Ventures

Standabstandab.cominSeed · Sep 2025 · $4M

Standab builds physical infrastructure systems for shared micromobility fleets, combining parking, charging, and operational capabilities designed for long-term urban deployment.

CleantechHardwareIoTMobility & TransportationPropTechStockholm, SE

Christer Myhran(Founder)in

Strosslestrossle.comAcquired

Strossle is now Azerion Native, powered by MGID, and directs visitors to azerion.com for its current site and contact information.

AdTech

Tonadatonada.aiinSeed · May 2026 · $3M

Tonada generates original, AI-composed background music tailored to a brand that adapts in real time to POS data, occupancy sensors, weather, and local events across physical locations.

AI & Machine LearningRetail TechSaaS

Co-investorsAntler

Valovalo.aiin𝕏

Valo.ai provides tools for Salesforce stakeholders to manage security risks, reduce costs and complexity, and improve administrative efficiency.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaS

Jari Salomaa(Founder)in

Co-investorsInventureYorkville Advisors

Verifyterverifyter.comin𝕏acquired by Cadence

Verifyter's PinDown bug-hunting technology is offered by Cadence as the Verisium PinDown app for AI-driven chip verification.

AI & Machine LearningDeep TechSemiconductors

Vitalavitala.healthin

Vitala provides a digital platform and care model that enables healthcare organizations to prescribe, monitor, and deliver structured exercise and lifestyle programs to patients managing chronic disease, cancer, rehabilitation, and other conditions.

AI & Machine LearningDigital HealthHealthtechMedical DevicesSaaSStockholm, US

Jesper Aasa(Co-founder, Medical Doctor)inPetter Aasa(Co-founder)in

Wayawaya.se

Waya Technology AB offers Waya360, an invoice-to-cash platform that automates the full invoice lifecycle including billing, reminders, payments, collections, financing, and bookkeeping.

Enterprise SoftwareFintechSaaS

WeWillWritewewillwrite.comin𝕏

WeWillWrite is an educational technology product that helps teachers create a social, game-based environment where students practice writing through play.

AI & Machine LearningEdTechGamingSaaS

Daniel Senn(Founder)inJohannes Stensen(Chief Technology Officer & Co-founder (of Poio))inErlend Klouman Høiner(Chief Marketing Officer)inStefan Palsson(Chief Financial Officer)

Co-investorsSkyfall Ventures

Worldfavorworldfavor.comin

Worldfavor provides a platform for procurement and sustainability teams to conduct supplier due diligence and manage ESG compliance at scale using AI to identify and prioritize risks across supply chains.

AI & Machine LearningClimate TechEnterprise SoftwareFintechImpact & Social GoodSaaS

Andreas Liljendahl(Chief Executive Officer)in

Co-investorsnode.vcNorrsken VC

Zymegozymego.comin

Zymego provides appointment management software for healthcare clinics that enables patients to self-book, reschedule, and cancel appointments autonomously, reducing no-shows and wait times.

Digital HealthHealthtechSaaS

Ingmar Veinberg(Doctor, Founder)in

Co-investorsIndustrifonden

Zymegozymego.seinJun 2025

Zymego provides a web app that lets patients in Sweden shorten their healthcare wait times by receiving notifications about earlier appointment slots when others cancel, and by rebooking or cancelling their own appointments.

Digital HealthHealthtechSaaS

Co-investorsIcebreakerIndustrifonden

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

3LcAdnavemAdwayAgency9ApprlHemmaMariadb CorporationModcamPacemakerPastry SwedenPractioReCarberSmall GiantSprinkleTeklatechTingsTRVVissWaya Finance & Technology

Exits · 9

9 acquisitions · showing 6

Agency9acq. by Bentley SystemsAlexisacq. by SimployerApprlacq. by KlarnaMariadb Corporationacq. by K1 Investment ManagementModcamacq. by CiscoVerifyteracq. by Cadence

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Spintop Ventures made?
Spintop Ventures has 68 tracked investments, 9 of which have exited, including 8 dated in the last 24 months.
What stage does Spintop Ventures invest at?
Spintop Ventures invests at the Pre-Seed, Seed, Series A, Series B stages.
What is Spintop Ventures's typical check size?
Spintop Ventures typically writes checks of $108K – $1.6M.
What sectors does Spintop Ventures focus on?
Spintop Ventures focuses on AI & Machine Learning, Deep Tech, Enterprise Software, SaaS, Sector Agnostic.
Where is Spintop Ventures located?
Spintop Ventures is headquartered in Stockholm, SE.
Does Spintop Ventures lead rounds?
Spintop Ventures typically participates in rounds rather than leading them.
Who does Spintop Ventures co-invest with?
Spintop Ventures most often shares deals with Sisu Game Ventures, 42CAP, Industrifonden, among 21 tracked co-investors.

Images

Spintop Ventures photoSpintop Ventures photoSpintop Ventures photoSpintop Ventures photoSpintop Ventures photoSpintop Ventures photo

Co-investors · 8

Icebreaker

Icebreaker is an early-stage venture capital firm that has backed over 100 teams from the idea stage to seed and beyond since 2017, investing in the Nordic and Baltic region.

$162K – $1.6M
Atomico

Atomico is an international venture capital firm that invests in growth-stage technology companies across multiple geographies. The firm focuses on scaling disruptive technology businesses globally.

Both backed · 2
Inventure

Inventure is a generalist early-stage venture capital firm investing primarily across the Nordics and Baltics, having backed over 100 companies since 2005.

Both backed · 2
ValoHybird Energy
$330K – $5.5M
Almi Invest

Almi Invest is a Swedish state-owned venture capital company that invests in early-stage startups and growth companies with scalable business models, operating through regional funds and a national GreenTech Fund.

Both backed · 1
$100K – $1M
Next47

Next47 is a venture capital firm that invests early, focusing on the product itself before metrics or hype, partnering with founders to help them scale from initial concept to growth.

foobar.vc

Foobar is the investment company of Icelandic entrepreneur David Helgason that focuses on supporting startups and investing in technology to accelerate global decarbonization and sustainability efforts.

Galaxy Interactive

Galaxy Interactive originated as the interactive content and technology arm of crypto firm Galaxy Digital, giving it an unusual combination of deep crypto-native infrastructure knowledge and a pure-play focus on interactive media, gaming, and virtual worlds, rather than being a generalist crypto or generalist gaming fund. The fund leverages Galaxy's broader balance sheet and ecosystem—including trading, investment banking, tokenization, and infrastructure—to offer portfolio companies access to liquidity, tokenization expertise, and institutional crypto relationships, creating an integrated platform that is rare among sector-specific gaming and interactive VCs.

$1M – $20M
S4S Ventures

S4S Ventures is a venture capital firm focused on early-stage technology companies disrupting the marketing, media, and advertising value chain. Backed by S4 Capital and Stanhope Capital Group, the firm leverages deep domain expertise and a network of over 7,000 industry professionals to support portfolio companies.

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

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