Helsink · Seed · 17 people tracked
Also known as Superhero
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Investment thesis
Superhero Capital is a seed-stage VC fund focused on software-driven startups in the New Nordics, specifically Finland and the Baltics, though it occasionally participates in rounds outside the region. The firm makes initial investments of up to 1M EUR to help founders reach the next level, currently investing from its 2024 fund. It prioritizes the founders themselves, wanting to understand why a startup should partner with them and why the timing is right. The team, made up of former founders, offers hands-on help when asked without taking over the running of the business, emphasizing a founder-friendly, no-nonsense approach.
Source: firm website, verified Aug 3, 2026.
Team · 17 people
from the firm's website & curated & public directoriesWhat they invest in
from 55 of 62 portfolio companiesSaaS ×28AI & Machine Learning ×25Enterprise Software ×10E-commerce ×7Hardware ×7PropTech ×7Marketplaces ×6B2B Marketplaces ×5
HQs:Finland×20Lithuania×4Estonia×2United States×2United Arab Emirates×1Switzerland×1
Who they back
founder profiles across 21 portfolio companiesFounding team size:solo founder×122 founders×43 founders×44+ founders×1
Where their founders studiedfrom 15 founders with education data
Aalto University ×2University of Tartu ×2
What their founders studiedfrom 15 founders with field-of-study data
Business & Management ×3Computer Science ×3Economics ×3Engineering ×3
Where their founders worked beforefrom 19 founders with career history
Nordea ×2OP Financial Group ×2VTT ×2
Investments · 62 tracked
founders shown can be your intro pathBy year:2026 · 42025 · 72024 · 12023 · 22022 · 22021 · 12020 · 32019 · 12018 · 12017 · 224 dated
Renow is an AI-powered recommerce platform that converts e-commerce returns into sustainable resales by offering virtual warehouses and a grading engine to retailers and 3PLs, while selling discounted second-hand products from top brands to consumers.
AI & Machine LearningCircular EconomyE-commerceHelsinki, FI
Kalle Koutajoki(Founder)inAntti Ijäs(Co-founder)inHannes Junnila(Founder)inAntti Ijas(Founder)
Co-investorsGreencode Ventures
Shen AI provides AI-powered health monitoring technology that uses face-scan analysis to detect vital signs and health metrics from smartphones and connected devices.
AI & Machine LearningDigital HealthHealthtechInsurTech
Co-investorsTilia Impact VenturesSimpact VenturesTilia Impact PartnersVerge HealthTech FundRagnar SassSMOK Ventures
Stake is a digital real estate investment platform that enables global property ownership by providing access to curated real estate funds and fractional ownership opportunities.
AI & Machine LearningB2B MarketplacesDeveloper ToolsFintechMedia & EntertainmentMobility & TransportationPropTechSaaSDubai, AE
Vytis Šliažas(CEO and co-founder)Manar Mahmassani(Co-Founder and Co-CEO)Rami Tabbara(Co-Founder and Co-CEO)
Co-investors359 Capital645 VenturesCarya Venture PartnersEmirates NBDHF0Wa'ed Ventures+1 more
AISPECO manufactures advanced multi-sensor geospatial data collection platforms incorporating LiDAR, hyperspectral, optical, and thermal imaging technologies for airborne, mobile, and stationary applications.
AI & Machine LearningDeep TechHardware
Co-investorsInnovestor Ventures
Annie is a chatbot platform that helps educational institutions provide student support by routing inquiries to appropriate resources and monitoring support effectiveness.
AI & Machine LearningEdTechMental HealthSaaS
BattleBoxes makes a retrofit sensor, lock, and network system that adds real-time security, audit trails, and tamper detection to existing military and industrial storage caches, containers, and units.
Defense TechIoTLogistics & Supply Chain
Behavix is a behavioral data-as-a-service company supplying opt-in consumer clickstream data to research, finance and AI firms.
Co-investorsVendep Capital
Builderhead is a Nordic software company that provides collaboration and project management solutions for the construction industry, enabling teams to adopt better operating models.
Construction TechEnterprise SoftwareFuture of WorkPropTechSaaSNot stated, FI
Julius Tuomikoski(Co-Founder & CEO)Sami Kivensalo(Co-Founder & CPO)Sven Laater(Co-Founder & CTO)
Co-investorsKorpun Siemen Oy
Cactos develops energy storage solutions for industrial and sustainable energy infrastructure applications.
Advanced ManufacturingCleantechEnergyHardwareIoTPropTechFinland, FI
Olli Nuutila(Founder)inOskari Jaakkola(Founder)
Co-investorsFJ LabsTesi (Finnish Industry Investment Ltd)Union Square Ventures (USV)Founders
CallStream AI captures mobile calls at the network level and converts them into structured business insights, which are automatically synced with CRM and ERP systems for sales teams, support staff, and management.
AI & Machine LearningEnterprise SoftwareSaaSSales Tech
Tero Hartikainen(CEO & Founder)in
Cloud Factory is a metal 3D printing company that mass-manufactures fine jewelry using proprietary printing parameters without molding or casting.
Advanced ManufacturingCircular EconomyCreator EconomyE-commerceHardwareTallinn, EE
Co-investorsChange VenturesBADideas.fund
Concepts is a digital drawing and design tool that combines freehand sketching with CAD-like precision, offering team subscriptions for architects, designers, and creative professionals.
ConsumerCreator EconomySaaS
Annelise SandberginBen MerrillDavid BRITTAIN
Co-investors500 Global
Copla offers managed vulnerability scanning for cloud environments, delivering audit-mapped reports aligned with compliance frameworks including ISO 27001, DORA, NIS2, and SOC 2.
Cloud ComputingCybersecurityEnterprise SoftwareFintechSaaS
AurimasAndrius Minkevicius(Founder)Aurimas Bakas(Founder)
Co-investorsFirstpickSpecialist VCIron Wolf CapitalOperator Stack
Custobar provides a customer data and marketing platform for retail and ecommerce businesses, including an email marketing editor for creating and sending email campaigns.
Marketing TechRetail TechSaaS
Juha Törönen(CTO & Founder)inTatu Kuivalahti(Co-founder, Executive Advisor & Board Member)inLaura Ek(CEO)in
Co-investorsRite Ventures
DeepFin offers a mobile app for creating and sending invoices, connecting a bank account, and automating accounting for small businesses and self-employed users.
FintechSaaS
Co-investorsIron Wolf Capital
Doublepoint developed gesture-recognition technology that uses biometric signals and subtle hand movements to let people control devices, including products such as WowMouse, WowPlay, WowMouse Presenter, and the Touch SDK for developers.
AI & Machine LearningDeep TechHardware
Ohto(Co-founder)
Co-investorsFuturistic.VCFOV VenturesSuperAngel
eMabler provides a cloud-based management platform for electric vehicle chargers that enables operators to monitor, control, and configure charging networks from a centralized dashboard.
EnergyIoTMobility & TransportationSaaSHelsinki, FI
Juha Stenberg(Founder)in
Co-investorsGreencode VenturesRethink Ventures
Helsinki-based AI startup automating sales administrative work such as call summaries and CRM updates.
Co-investorsSpecialist VCCuriosity VC
Flow Computing develops the Flow PPU (Parallel Processing Unit), a licensable on-die parallel co-processor architecture that works alongside CPUs to improve parallel throughput and scalability.
Deep TechHardwareSemiconductorsHelsinki, FI
Timo Valtonen(Founder)inMartti Forsell(Founder)Jussi Roivainen(Founder)in
Co-investorsButterfly Ventures8VCButterflyMVP VenturesNeoNew Enterprise Associates (NEA)+5 more
Flowplayer provides a full-stack video playback and media management solution for media companies and brands.
AI & Machine LearningCloud ComputingDeveloper ToolsMedia & EntertainmentSaaSStockholm, SE
Fractory runs a metal fabrication service that connects engineering and manufacturing companies with a vetted network of suppliers, managing projects from quoting to delivery through a single point of contact.
Advanced ManufacturingB2B MarketplacesEnterprise SoftwareLogistics & Supply ChainManchester, GB
Joosep Merelaht(Founder)in
Co-investorsKreos CapitalOTB VenturesSpecialist VCSpring CapitalStartup Wise GuysTrind Ventures+2 more
Homie is a B2B sales tool that maps a user's extended professional network to find warm paths to target buyers, scoring each path and generating one-click intro and referral requests.
AI & Machine LearningSaaSSales Tech
Co-investorsAntlerPeak VenturesThe FamilyVentureFriends
Homie operates a real estate platform that simplifies home buying and selling through transparent, flat-fee pricing and integrated technology.
B2B MarketplacesMarketplacesPropTech
Co-investorsEPIC VENTURESWasatch Equity PartnersAlbum VCAntlerPeak VenturesThe Family+1 more
Homie is an online platform for renting houses and apartments in Mexico, letting tenants browse listings, schedule visits, submit documents, reserve a property, and sign a lease digitally.
MarketplacesPropTech
Francisco Andragnesin
Co-investorsBAMCAPCapria VenturesAntlerPeak VenturesThe FamilyVentureFriends
Inventure is a generalist venture capital firm investing primarily in Nordic and Baltic companies across deep tech, consumer, healthtech, AI, and B2B SaaS sectors.
AI & Machine LearningBiotechDeep TechSaaSHelsinki, FI
Kyle Salem(Executive Officer)Bill Doyle(Executive Officer, Director)Jonathan Balfour(Executive Officer)Richard Rosene(Executive Officer, Director)
BoardBrad Rummer(Director)Richard Deslauriers(Director)
Co-investorsButterfly VenturesBalderton CapitalCDP Venture CapitalFELIX CAPITALMetaplanetPassion Capital+3 more
Leadfeeder identifies the companies visiting a business's website and surfaces buying signals for B2B sales and marketing teams.
Marketing TechSaaSSales Tech
Kevin McIntyre(Chief Executive Officer (CEO))inPekka Koskinen(Founder)
Co-investorsVendep CapitalEndeit Capital
Linear provides an all-in-one sales and marketing platform designed specifically for real estate brokers, offering customer relationship management, lead management, property listings, reporting, and marketing automation tools.
Enterprise SoftwarePropTechSaaSHelsinki, FI
Miro Eriksson(Co-Founder & CEO)inAlex Silvennoinen(Co-Founder & CSO)in
Co-investorsInnovestor VenturesSequoia CapitalElectric Capital
LYGG builds an air transport network focused on connecting underserved regional routes that reduce travel time, operating costs, and emissions compared to traditional hub-based airline models.
Climate TechMarketplacesMobility & TransportationTravel & Hospitality
Roope Kekäläinen(Founder)in
Mjuk is an e-commerce retailer offering products to consumers across EU markets, with dedicated storefronts for Finland and Sweden.
Direct to ConsumerE-commerce
Max Heino(Founder)
Co-investorsAlliance VCAlliance VentureLifeline VenturesTrind Ventures
MyDello is a logistics platform that enables companies to order and manage shipments across all freight modes with instant quotes and guaranteed pricing.
Logistics & Supply ChainSaaS
Co-investorsFrumtak Ventures
Oberlo provides free tools and resources for entrepreneurs to start and grow ecommerce businesses through dropshipping.
Direct to ConsumerE-commerceSaaS
Co-investorsInreach VenturesPi CampusChange Ventures
Ounas Health is building a Clinical Intelligence Platform that connects fragmented healthcare data into unified clinical workflows, using AI-driven automation for tasks like referrals, remote consultations, and data analysis.
AI & Machine LearningDigital HealthSaaSHelsinki, FI
Doublepoint developed gesture-control technology that uses biometric signals and subtle hand movements to let people control devices through natural gestures, offered via products like WowMouse and the Touch SDK.
AI & Machine LearningDeep TechHardware
Ohto(Co-founder)
PrintOnPack.com operates a marketplace platform that connects packaging buyers with manufacturers globally, providing transparent pricing and quality comparisons to simplify the flexible packaging sourcing process.
Advanced ManufacturingB2B MarketplacesE-commerceNew Materials
ReceiptHero enables merchants to replace paper receipts with digital alternatives that integrate with POS systems and payment networks.
Climate TechRetail TechSaaS
Saku Pihlajaniemi(Founder)in
Co-investorsGoose Valley VenturesLifeline VenturesSeed XTesi (Finnish Industry Investment Ltd)Vidici Ventures
Rise provides end-to-end financial management for professional services companies, automating bookkeeping, invoicing, expenses, compliance, and reporting through AI with human accountant validation.
AI & Machine LearningFintechSaaS
Singa provides a karaoke streaming service accessible via computer, mobile devices, and smart TVs, offering a library of karaoke songs including original recordings.
ConsumerGamingMedia & Entertainment
Co-investorsInvesdorSisu Game Ventures
Skene builds a tool that protects the event-tracking and data collection layer for B2B SaaS companies, catching broken tracking on each release and recommending funnel improvements.
AI & Machine LearningData & InfrastructureDeveloper ToolsSaaS
Teemu(Co-founder & CEO)Teppo(Co-founder & CTO)Michele(Co-founder)
Pricen (Sniffie) offers an AI-driven pricing platform for retailers and e-commerce, covering base price planning, promotions, dynamic pricing, price optimization, and markdowns across thousands of SKUs.
AI & Machine LearningRetail TechSaaS
Speakly is a language-learning platform that uses statistical analysis and a proprietary methodology to help users achieve fluency in months rather than years.
AI & Machine LearningConsumerEdTechSaaSTallinn, EE
Ott Ojamets(Co-founder)inIngel Keskpaik(Co-founder)in
Co-investorsTrind VenturesContriber VenturesTrueSight Ventures
Steerpath provides office mapping and space management software that creates 3D maps for desk and room booking, generates AI insights to reduce unutilized space, and includes team coordination tools to facilitate in-person collaboration.
AI & Machine LearningEnterprise SoftwareFuture of WorkPropTechSaaS
TheStorage develops thermal energy storage systems that enable industrial facilities to shift from fossil fuel-based heat production to renewable energy sources.
CleantechClimate TechEnergyTampere, FI
Timo Siukkola(Founder)in
Co-investorsVoima Ventures
Valohai provides tools for testing and comparing language models, prompts, and retrieval configurations against real data to optimize for quality and cost.
AI & Machine LearningCloud ComputingData & InfrastructureDeveloper Tools
Co-investorsAngular VenturesMicrosoft ScaleUp
Vapaus offers a bike benefit program (cycle-to-work scheme) that lets employers provide leased bicycles—including e-bikes, city, family, and gravel bikes—to their staff through an ISO 27001-certified portal.
Circular EconomyHR TechMobility & Transportation
Co-investorsShift4Good
A company that builds interactive video experience (iVX) solutions designed to engage audiences and deliver measurable results for brands and agencies.
AdTechHealthtechMarketing TechMedia & EntertainmentSaaSTurku, FI
Matias Mäenpää(Founder)in
Co-investorsExpon CapitalVolta Ventures
Vinted operates an online marketplace for buying and selling secondhand clothing, accessories, and related items across categories such as women's, men's, and jewelry.
Circular EconomyE-commerceMarketplaces
Justas Janauskas(Founder)inMilda Mitkutė(Founder)inThomas Plantenga(Founder)Adam Jay(Founder)inMilda Mitkute Justas Janauskas(Founder)Thomas Plantenga (CEO)(Founder)
Co-investorsAccelBurda Principal InvestmentsInsight PartnersLightspeed Venture PartnersAglae VenturesAspire11+14 more
Vugene provides automated, reproducible analysis and interpretation of biomedical research data, including statistical modeling, machine learning, and multi-omics data integration.
AI & Machine LearningBiotechData & InfrastructureHealthtech
Juozas Gordevičius(Bioinformatics Lead)inGražina(Leadership Executive)Ramūnas(CTO)
Co-investorsCoinvest Capital
Barcelona-based marketplace and SaaS platform for discovering, ticketing and managing nightlife and live music events.
Co-investorsTrind Ventures
Zadaa operates a mobile marketplace where individuals buy and sell secondhand fashion and other items, with low selling fees, paid shipping, and same-hour delivery options.
Circular EconomyConsumerE-commerceMarketplaces
Co-investorsBegin CapitalFlyer One VenturesImpulse VCLifeline Ventures
Zenniz makes an end-to-end smart tennis court system combining electronic line calling (audio sensors and cameras), shot analytics, video review, gamified practice drills, and live match streaming tools.
HardwareIoTSports TechHelsinki, FI
Sebastian Laine(Founder)Eero Kuusi(Founder)
Co-investorsButterfly VenturesSeventure PartnersButterfly
ZioSec provides an autonomous AI red-teaming platform that runs continuous, deep-chained attacks (such as prompt injection, tool misuse, privilege escalation, and exfiltration) against AI agents across any framework, then converts findings into audit-ready evidence with remediation guidance.
AI & Machine LearningCybersecurityEnterprise SoftwareSteamboat Springs, US
Andrius Useckas(Executive Officer, Director)inAaron Walls(Executive Officer, Director)
BoardV. Frank Mendicino III(Director)
Co-investorsAccess Venture PartnersGreater Colorado Venture FundService Provider CapitalAccess VenturesJason CalacanisKickstart
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
EnvelopePipedrivewebformsSurgeryvision
Portfolio news
latest coverage across their companieseMabler · finsmes.com · Jun 16, 2026
Copla · copla.com · Mar 7, 2026
Valohai · valohai.com · Feb 19, 2026
ZioSec · ziosec.com · Jul 17, 2025
Renow · thesaasnews.com · Jun 19, 2025
Frequently asked questions
- How many investments has Superhero Capital made?
- Superhero Capital has 62 tracked investments, 4 of which have exited, including 12 dated in the last 24 months.
- What stage does Superhero Capital invest at?
- Superhero Capital invests at the Seed stage.
- What is Superhero Capital's typical check size?
- Superhero Capital typically writes checks of $50K – $1M.
- What sectors does Superhero Capital focus on?
- Superhero Capital focuses on Enterprise Software, SaaS, Sector Agnostic.
- Where is Superhero Capital located?
- Superhero Capital is headquartered in Helsink, FI.
- Does Superhero Capital lead rounds?
- Superhero Capital typically participates in rounds rather than leading them.
- Who does Superhero Capital co-invest with?
- Superhero Capital most often shares deals with Trind Ventures, Specialist VC, Innovestor Ventures, among 45 tracked co-investors.
From the blog
visit blog ↗Superhero Capital has recently backed three early-stage companies: Sigvi, an AI-powered car rental aggregator; Rise Financial, an automated accounting platform for SMEs; and TheStorage, a thermal energy storage cleantech solution. The firm is investing in software-driven startups across Nordic and Baltic regions that address structural inefficiencies through AI automation and digital transformation. AI summary
Media · Podcasts & interviews
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