Fundraising Fox

Vendep Capital

Venture capitaloperating company · company profile

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

Find your way into Vendep Capital

672 people in our graph share verified history with the Vendep Capital team — schools, employers, funds. One of them is your warm intro.

William Jilltoftunlockedknows Timo Felin · together at KTH Royal Institute of Technology (overlapped)
knows the team · via TalTech – Tallinn University of Technology
×4knows the team · via Aalto University
knows the team · via Nanyang Technological University Singapore
knows the team · via Slush
knows the team · via Skanska
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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.

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
Last 12 months
2 investments
AUM
$119.9M
Tracked investments
45
Unicorns
1
Acquisitions
1

Team · 8 people

from the firm's website & public directories
Taru Wahlroos· Head of Platform & Marketingin

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

Tanja Alanen· CFOin

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

What they invest in

from 43 of 45 portfolio companies

SaaS ×39AI & Machine Learning ×24Enterprise Software ×19Marketing Tech ×13Data & Infrastructure ×12Fintech ×6Future of Work ×5E-commerce ×4

HQs:Finland×15Denmark×3United States×3Canada×2Czechia×1Estonia×1

Who they back

founder profiles across 16 portfolio companies
63%
solo founders
10 of 16 mapped founding teams
47%
repeat founders
of 19 founders with career history

Founding team size:solo founder×102 founders×33 founders×24+ founders×1

Where their founders studiedfrom 19 founders with education data

DTU - Technical University of Denmark ×2Helsinki School of Economics ×2The Wharton School ×2

What their founders studiedfrom 18 founders with field-of-study data

Business & Management ×5Computer Science ×5Engineering ×4Economics ×3Finance & Accounting ×3

Where their founders worked beforefrom 19 founders with career history

Emerging Travel Group ×2

Investments · showing 44 of 45

founders shown can be your intro path

By year:2026 · 22022 · 12020 · 12015 · 15 dated

Agiledayagileday.comin𝕏Jan 2026

Agileday offers a platform that consolidates team data such as capacity, staffing, allocations, and financials into a single view for team leads managing consultants.

AI & Machine LearningEnterprise SoftwareFuture of WorkHR TechSaaS

Jaakko Hartikainen(Sales & Business)inJaakko Hallavo(Product & Technology)inJani Folland(International Sales & Partnerships)in

Co-investorsNewionSpecialist VC

Agiledayagileday.ioin𝕏Jan 2026

Agileday offers a platform that consolidates team data to give team leads unified visibility into capacity, staffing, allocations, and financials.

AI & Machine LearningEnterprise SoftwareFuture of WorkHR TechSaaSHelsinki, FI

Co-investorsNewionSpecialist VC

Alfamealfame.com

Alfame is a Finnish technology consultancy providing data strategy, complex system integration, and custom digital service development, along with ongoing system maintenance and continuous improvement.

Data & InfrastructureEnterprise SoftwareSaaS

AlphaSensealpha-sense.comin𝕏Aug 2015

AlphaSense provides a financial research and market intelligence platform that combines standardized financials, consensus estimates, filings, earnings transcripts, broker research, and AI-generated answers for analyzing and benchmarking companies.

AI & Machine LearningData & InfrastructureEnterprise SoftwareFintechNew York, US

Rajmohan Neervannan(Related person at the time of the offering.)Jaakko Kokko(Related person at the time of the offering.)inRaj Neervannan(Chief Technology Officer & Co-Founder)inJaakko (Jack) Kokko(Founder)inJack Kokko(Chief Executive Officer & Founder)inKiva Kolstein(President & Chief Revenue Officer)in

Co-investorsAlkeon InnovationCapitalGCentana Growth PartnersSoftBank Vision FundTriangle Peak PartnersTribeca Venture Partners+5 more

AppFollowappfollow.ioin𝕏Oct 2020 · $5M

AppFollow is a B2B SaaS reputation management platform that tracks and analyzes app store reviews and user feedback across major app stores, helping businesses respond to reviews and improve their products and marketing.

AI & Machine LearningData & InfrastructureGamingMarketing TechSaaS

Pavel Vlasov(Co-founder & CTO)inAnatoly Sharifulin(Co-founder & CEO)inEugene Kruglov(COO)in

Co-investorsNauta CapitalRTP Global

Appsumoappsumo.comin𝕏

AppSumo is an online marketplace offering limited-time discount and lifetime deals on software tools for entrepreneurs and small businesses.

E-commerceMarketplacesSaaS

Avesnetsecavesnetsec.comin𝕏

Aves Netsec is a cybersecurity company that develops security solutions aimed at improving the efficiency of security teams.

Cloud ComputingCybersecurityEnterprise SoftwareSaaS

Behavixbehavix.ioin

Behavix is a behavioral data-as-a-service company supplying opt-in consumer clickstream data to research, finance and AI firms.

Co-investorsSuperhero Capital

Bookboost ABbookboost.ioin

Bookboost provides digital communication and guest-relationship software for the hospitality industry, helping hotels personalize the guest journey.

Marketing TechSaaSTravel & Hospitality

Co-investorsLU Innovation

Brellabrella.ioin𝕏

Brella provides an event platform with matchmaking and networking capabilities, helping event organizers connect attendees and facilitate meaningful professional relationships across conferences and events globally.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaS

Claimlaneclaimlane.comin

Claimlane provides a workflow automation platform for post-purchase operations, enabling retailers and brands to centralize and automate warranty claims, returns, and product registrations.

AI & Machine LearningEnterprise SoftwareRetail TechSaaS

Clubycluby.com

Cluby is a customer loyalty and engagement platform for hospitality venues such as cafés, bars, fast-casual spots, full-service restaurants, and nightclubs.

ConsumerFoodTechMarketing TechSaaSHelsinki, FI

Complircomplir.ioin

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

Co-investorsY Combinator

Eyeballeyeball.clubin𝕏

Eyeball provides video analysis and player performance tracking software for youth football clubs and teams.

AI & Machine LearningData & InfrastructureSaaSSports TechPrague, CZ

Oliver Dürr Dehnhardt(Head of Football)Emil

Ezyinsightsezyinsights.comin𝕏

EzyInsights offers a real-time news gathering and analytics platform that monitors millions of stories daily across websites and social media, filtering relevant content by source, keyword, category, and language for newsrooms.

Data & InfrastructureMarketing TechMedia & EntertainmentSaaS

Duane Atkins(Founder)in

Co-investorsGorilla Capital

Foundermentfounderment.dk

Founderment is a Nordic venture capital fund based in Aarhus, Denmark, focused on CommerceTech.

AI & Machine LearningE-commerceAarhus, DK

Gbuildergbuilder.comin𝕏

GBuilder provides a cloud-based platform for construction and property developers to manage property-specific documents, perform BIM-based quantity takeoffs for fit-out materials, and handle quality assurance and handover processes.

Construction TechPropTechSaaSOulu, FI

Harri Majala(Founder)in

Co-investorsButterfly Ventures

Giosggiosg.comin𝕏

Giosg provides a unified SaaS platform combining customer engagement tools including live chat, chatbots, video, and feedback collection for enterprises to manage sales, marketing, support, and customer interactions.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaSSales TechHelsinki, FI

Ville Rissanen(CEO)

Happeohappeo.comin𝕏Jul 2022

Happeo is an intranet and enterprise search platform that integrates with Google Workspace and Microsoft 365, letting departments build no-code pages while IT retains security governance.

Enterprise SoftwareFuture of WorkSaaS

Co-investorsDN CapitalEndeit CapitalEvli Growth PartnersSmartFinInkefMaki.vc

HappySignalshappysignals.comin𝕏

Happy Signals enables enterprises to collect, visualize, and act on employee experience data by integrating it with IT operational metrics, helping organizations improve employee satisfaction and productivity.

AI & Machine LearningData & InfrastructureEnterprise SoftwareFuture of WorkHR TechSaaS

Co-investorsLiquidity CapitalMars Growth CapitalNauta Capital

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

Co-investorsFrontline VenturesIndustrifonden

Hostawayhostaway.comin𝕏

Hostaway offers a property management system and channel manager for short-term rental property managers, letting them list and sync properties across booking platforms like Airbnb, Vrbo, Booking.com, and Google from one dashboard.

AI & Machine LearningPropTechSaaSTravel & Hospitality

Co-investorsGeneral AtlanticPSG Equity

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

Tommi Kupiainen(Founder)in

Co-investorsJoint EffectsLifeline VenturesWave VenturesVentech

Kolsquarekolsquare.comin

Kolsquare offers an influencer marketing platform that lets brands and agencies search millions of creators by sector, audience demographics and credibility, then manage, run and measure influencer campaigns from a single tool.

Creator EconomyMarketing TechSaaS

Quentin Bordage(Founder)in

Co-investorsCAP HORN VC

Leadfeederleadfeeder.comin𝕏

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))in

Co-investorsSuperhero Capital

Mazepaymazepay.comin

Mazepay offers an AI-powered platform for onboarding, compliance, and payments of long-tail suppliers, automating supplier data management and integrating results into a company's ERP systems.

Enterprise SoftwareFintechSaaSÅrhus, DK

Thomas Dragsbæk(Founder)inDan Kortegaard Nielsen(Founder)in

Co-investorsOutward VCSalica InvestmentsScale Capital

Medixinemedixine.comin𝕏

Medixine offers a remote care platform (Medixine Suite) that provides tools for delivering and managing remote patient care, including automated triage, dashboards, and reporting for healthcare providers.

Digital HealthHealthtechMedical DevicesSaaS

Tapio Jokinen(Founder)in

My Telescopemytelescope.ioin

MyTelescope offers an AI-driven marketing platform that measures brand interest, forecasts market and product demand, and improves content and AI search visibility by analysing what people search for and ask about across channels like Google, TikTok, YouTube, Amazon and Perplexity.

AI & Machine LearningMarketing TechSaaS

Co-investorsTrind Ventures

Myplanemyplane.ioin

myPlane operates an online booking engine for commercial charter flights, connecting airlines with B2B travel trade partners to centralize charter flight bookings and transactions.

AI & Machine LearningB2B MarketplacesSaaSTravel & HospitalityHelsinki, FI

Samuli Tammisto(Founder)in

Patentrenewalpatentrenewal.comin

PatentRenewal.com offers an IP Dashboard that automates intellectual property renewals for patents, trademarks, utility models, and designs, with data verification, cost transparency, portfolio tracking, and budgeting tools.

FintechLegalTechSaaS

Co-investorsGorilla Capital

Savantiqsavantiq.aiin

Savantiq builds an AI tool for investment and deal teams that connects to their data sources to automate finance workflows such as screening targets and drafting IC memos.

AI & Machine LearningFintechSaaS

Heini Salonen(Founder)in

Smartlysmartly.ioin

Smartly provides a data analytics and optimization platform for performance marketing teams managing multi-channel advertising campaigns.

AdTechAI & Machine LearningData & InfrastructureMarketing TechSaaSHelsinki, FI

Kristo Ovaska(Founder)in

Co-investorsConsenSys MeshLifeline VenturesQuest Venture PartnersHighland Europe

Sport Logiq AI-Powerd Sports Analyticssportlogiq.comin𝕏Acquired

Sportlogiq develops sports analytics software using computer vision and machine learning for professional sports teams.

AI & Machine LearningSports TechMontreal, CA

Craig Buntin(Co-founder, Executive Chair)inMehrsan Javan(Co-founder, Chief Technology Officer)in

Co-investorsRho VenturesTacticoTandemLaunch

Surveypalsurveypal.comin𝕏

Surveypal offers a customer experience and feedback management platform that analyzes customer feedback to identify root causes of issues and recommend actions.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaSTampere, FI

Liisa Stén(CEO)in

Co-investors500 Global

Synclesyncle.comin

Syncle distributes product content from brands to online retailers, solving gaps between disconnected systems to create more informed shopping experiences.

E-commerceMarketing TechRetail TechSaaSToronto, CA

Sergey AndryukhinNora Huovila(CEO)

Co-investorsAmpli Ventures

Test of Thingstestofthings.comin

Test of Things is a cybersecurity compliance platform for connected/IoT product teams that translates regulatory standards into plain-language engineering tasks, automatically tests devices, and collects evidence for compliance documentation.

CybersecurityIoTSaaSOulu, FI

Rauli Kaksonen(CTO)inMarko Kaasila(CEO)in

Trustmarytrustmary.comin𝕏

Trustmary provides a review and feedback platform that helps businesses collect and showcase authentic customer experiences while giving customers access to genuine feedback about businesses.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaSFinland, FI

Johannes Karjula(Founder and CEO)Valtteri Ylimäki

Unikieunikie.com

Unikie is a global software engineering and innovation company focused on physical AI, building embedded software that adds real-time intelligence and autonomous capabilities to vehicles, devices, networks, defense systems, and industrial solutions.

AI & Machine LearningDeep TechIoT

Uploadcareuploadcare.comin𝕏

Uploadcare provides a file handling product and service, including upload, CDN delivery, and image processing accessed through its API.

Cloud ComputingData & InfrastructureDeveloper ToolsSaaS

Co-investorsRuna Capital

Utopiaanalyticsutopiaanalytics.comin𝕏

Utopia Analytics builds AI-powered text analytics and machine learning tools that automatically analyze user-generated content, helping customers improve the quality of their social content, engagement, and conversion.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSSocial

Tom Packalen(Founder)in

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

Henrikki Saraspää(CTO, Co-Founder)Miska Visuri(Board Member, Co-Founder)inJarkko Leppälahti(Chief Executive Officer)in

Co-investorsInnovestor Ventures

Volaris Group Acquires Surveypal Oyvolarisgroup.comin𝕏

Volaris Group is a buy-and-hold acquirer of vertical market software businesses, providing acquired companies a permanent home along with operational autonomy and a peer learning community.

Enterprise SoftwareSaaS

Mark Leonard(Founder of Constellation Software)Mark Miller(CEO)in

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)in

Co-investorsKarma VenturesMetaplanetSpecialist VCThorgate VenturesAlmaz Capital

Zoinedzoined.comin𝕏

Zoined offers an analytics and reporting platform that connects to point-of-sale, e-commerce, ERP, visitor counter, and workforce management systems to consolidate business data into dashboards and reports.

AI & Machine LearningData & InfrastructureRetail TechSaaSHelsinki, FI

Sasa Moilanen(Co-founder & CEO)in

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Vendep Capital made?
Vendep Capital has 45 tracked investments, 1 of which have exited, including 5 dated in the last 24 months.
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.
Who does Vendep Capital co-invest with?
Vendep Capital most often shares deals with Gorilla Capital, Lifeline Ventures, Nauta Capital, among 39 tracked co-investors.

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

Key factors behind RELEX's success by Johanna Småros

SaaS Insights by Vendep Capital

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

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 · 2
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

F-Prime Capital is an early-stage-focused investment firm backing companies across life sciences, technology, healthtech and services, and crypto.

$3M – $10M
Creandum

Creandum is a venture capital firm that invests in technology companies, backing them at early stages before their potential becomes widely obvious.

$216K – $8.6M
Northzone

Northzone is a technology-focused venture capital firm investing across AI and deep tech on both sides of the Atlantic, backing companies from early stage through growth.

$1M – $50M
Heartcore Capital

Heartcore Capital is an early-stage venture capital firm backing European founders from inception. It invests in startups from inception through Series A, and also invests in web3 protocols from idea to liquid tokens.

Dawn Capital

Dawn Capital is a European venture capital firm backing companies with global ambitions.

$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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