Fundraising Fox

Vendep Capital

Venture capital

Espoo · Pre-Seed–Series A · 8 people tracked

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Investment thesis

Vendep Capital invests in a small number of high-conviction, AI-native B2B software teams across the Nordics and Baltics each year. The firm deliberately backs fewer companies to give each one full focus and support, providing meaningful follow-on capital, firsthand founder and operator experience, and access to a community of founders. It aims to stay close as companies scale, helping with difficult decisions and providing introductions that lead to A-rounds. The firm reviews every pitch itself and prefers founders with early traction.

Invests inAI & Machine LearningEnterprise SoftwareSaaSDenmarkEstoniaEuropeFinlandLatviaLithuaniaNorwaySweden

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
Check
$110K – $3.3M
HQ
Espoo, FI
Leads rounds
Leads
Instruments
Equity
Founded
2013
AUM
$119.9M
Tracked investments
38

Team · 8 people

from the firm's website & public directories
Tanja Alanen· CFOin

A seasoned CFO overseeing the fund's financials and compliance.

Taru Wahlroos· Head of Platform & Marketingin

A former SaaS marketing lead now growing the Vendep founder community.

What they invest in

from 5 of 38 portfolio companies

SaaS ×5Enterprise Software ×4AI & Machine Learning ×3Data & Infrastructure ×2Fintech ×2LegalTech ×2Advanced Manufacturing ×1E-commerce ×1

HQs:United States×2Estonia×1Finland×1

Investments · 38 tracked

founders shown can be your intro path
Agiledayagileday.ioin𝕏
AppFollowappfollow.ioin𝕏
Appsumoappsumo.com𝕏
Avesnetsecavesnetsec.comin𝕏
Behavixbehavix.io
Bookboost ABbookboost.ioin
Brellabrella.ioin𝕏
Claimlaneclaimlane.comin
Clubycluby.com
Complircomplir.ioin𝕏

Complir provides software to manage product compliance workflows for product teams, replacing legacy systems and manual processes.

AI & Machine LearningEnterprise SoftwareLegalTechSaaSSan Francisco, US

Gustav Bang(Founder)inMarc Kaa Brejner(Founder)inTine Kühnel(Founder)in

Eyeballeyeball.clubin𝕏
Ezyinsightsezyinsights.comin𝕏
Gbuildergbuilder.comin𝕏
Giosggiosg.comin𝕏
Happeohappeo.comin
HappySignalshappysignals.comin𝕏
Hopsworkshopsworks.aiin𝕏

Hopsworks provides an AI Lakehouse platform that integrates data science, data engineering, and machine learning into a unified environment for building and deploying AI models.

AI & Machine LearningData & InfrastructureSaaSPalo Alto, US

Hostawayhostaway.comin𝕏
Inveninven.aiin

Inven provides AI-powered workflows for investment and consulting firms to automatically generate company materials such as market maps, financial profiles, and competitive landscapes from structured data.

AI & Machine LearningData & InfrastructureEnterprise SoftwareFintechSaaS

Kolsquarekolsquare.comin
Leadfeederleadfeeder.comin𝕏
Mazepaymazepay.comin
Medixinemedixine.comin
My Telescopemytelescope.io
Myplanemyplane.ioin
Patentrenewalpatentrenewal.com
Savantiqsavantiq.aiin
Surveypalsurveypal.comin𝕏
Synclesyncle.comin
Test of Thingstestofthings.comin
Trustmarytrustmary.comin𝕏
Uploadcareuploadcare.comin𝕏
Utopiaanalyticsutopiaanalytics.com
Vividworksvividworks.comin𝕏

VividWorks develops a 3D product configuration and visualization platform that enables businesses to let customers customize and visualize products in real-time before purchase.

Advanced ManufacturingE-commerceEnterprise SoftwarePropTechRetail TechSaaSOulu, FI

Xoloxolo.ioin𝕏

Xolo provides business setup, invoicing, accounting, taxation, and compliance software for solo entrepreneurs and freelancers across multiple countries.

Enterprise SoftwareFintechFuture of WorkLegalTechSaaSTartu, EE

Allan Martinson(CEO)

Zoinedzoined.comin𝕏

Frequently asked questions

What stage does Vendep Capital invest at?
Vendep Capital invests at the Pre-Seed, Seed, Series A stages.
What is Vendep Capital's typical check size?
Vendep Capital typically writes checks of $110K – $3.3M.
What sectors does Vendep Capital focus on?
Vendep Capital focuses on AI & Machine Learning, Enterprise Software, SaaS.
Where is Vendep Capital located?
Vendep Capital is headquartered in Espoo, FI.
Does Vendep Capital lead rounds?
Yes, Vendep Capital leads investment rounds.

Media · Podcasts & interviews

featuring the team

5 orgaanista tapaa rakentaa 100 M€ B2B-business. Vieraana Sakari Pihlava, Vendep Capital

Menestystä Etsimässä Antti Pietilän kanssa · Sakari Pihlava

Leadership Team Evolution from Seed to Scale with Kasper Hulthin

SaaS Insights by Vendep Capital

Scaling a global sales organization from 0 to 150m€+ ARR by Lars Nordwall

SaaS Insights by Vendep Capital

Key factors behind RELEX's success by Johanna Småros

SaaS Insights by Vendep Capital

Fundraising through the storm: Roibox exit story

SaaS Insights by Vendep Capital

How to extend your runway without killing growth

SaaS Insights by Vendep Capital

Images

Vendep Capital photo

Co-investors · 12

Lifeline Ventures

Lifeline Ventures is a sector-agnostic early-stage investor that partners with founders from the very beginning and supports them as they grow. Its team brings global experience building and scaling companies as founders and in executive roles.

Both backed · 1
Plug and Play Ventures

Plug and Play is an innovation platform that connects corporations, governments, startups, investors, and universities to drive innovation.

$50K – $12M
F-Prime Capital Partners

F-Prime Capital Partners is a venture capital firm whose team of scientists, engineers, physicians, operators, and investors supports companies in scaling and accelerating growth.

$3M – $10M
Creandum

Creandum is a venture capital firm that backs early-stage technology companies before their potential becomes obvious.

$216K – $8.6M
Northzone

Northzone is a multi-stage venture capital firm investing from seed to growth.

$1M – $50M
Heartcore Capital

Heartcore Capital is an early-stage venture firm backing European founders from inception through Series A, with a dedicated practice investing in Web3 protocols.

Dawn Capital LLP

Dawn Capital is a venture capital firm that partners with founders building ambitious businesses, positioning itself as a hands-on, conviction-driven investor.

$317.5K – $6.3M
ForgePoint Capital

ForgePoint Capital is a thesis-driven venture firm investing in early-stage companies in cybersecurity, AI, and infrastructure software.

$5M – $50M
Cambridge Innovation Capital

Cambridge Innovation Capital (CIC) is a UK-based venture capital firm backing entrepreneurs in life sciences and deep tech, leveraging its position in the Cambridge science and technology ecosystem.

$127K – $12.7M
Business Growth Fund

BGF provides minority growth capital and support to entrepreneurial small and medium-sized businesses across the UK and Ireland, from university spinouts to established brands.

$3.8M – $38M
TotalEnergies Ventures

TotalEnergies On is a startup accelerator dedicated to electricity-related businesses, launched in 2022 to support TotalEnergies' electricity ambitions and the transition to a lower-carbon world.

NightDragon

NightDragon invests in and advises mission-driven companies in the SecureTech industry, spanning cybersecurity, defense, AI, quantum, and national security.

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

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