Espoo · Pre-Seed–Series A · 8 people tracked
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.
Team · 8 people
from the firm's website & public directories
What they invest in
from 38 of 39 portfolio companiesSaaS ×34AI & Machine Learning ×19Enterprise Software ×12Marketing Tech ×9Fintech ×5Data & Infrastructure ×4Future of Work ×4Retail Tech ×4
HQs:Finland×3United States×3Czechia×1Denmark×1Estonia×1
Who they back
founder profiles across 10 portfolio companiesFounding team size:solo founder×52 founders×23 founders×3
Investments · 39 tracked
founders shown can be your intro pathAgileday is a platform for professional services and consulting firms that connects people, pipeline, financials, and delivery data to enable real-time forecasting, resource planning, and talent-to-demand matching.
AI & Machine LearningEnterprise SoftwareSaaS
Co-investorsNewionSpecialist VC
Agileday is a platform for consulting and professional services firms that connects people, pipeline, financials, and delivery data to enable real-time forecasting, resource planning, and staffing.
AI & Machine LearningFuture of WorkSaaS
Co-investorsNewionSpecialist VC
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
Raj Neervannan(Chief Technology Officer & Co-Founder)inJaakko (Jack) Kokko(Founder)inJack Kokko(Chief Executive Officer & Founder)Kiva Kolstein(President & Chief Revenue Officer)Heather Zynczak(Chief Marketing Officer)Robert Magri(Chief Content Officer)
Co-investorsAlkeon InnovationCapitalGCentana Growth PartnersSoftBank Vision FundInnovation Endeavors
AppFollow is a review management platform that centralizes app store reviews (Google Play, App Store, Steam, and others) and uses AI to automate replies, analyze sentiment, and track ratings and keywords.
AI & Machine LearningMarketing TechSaaS
Pavel Vlasov(Founder)inAnatoly Sharifulin(Founder)inEugene Kruglov(Founder)in
Co-investorsNauta CapitalRTP Global
Aves NetSec provides a cloud-hosted deception platform that detects attacker activity through attack surface obfuscation and vulnerability mimicry across on-premise, cloud, and OT environments.
Cloud ComputingCybersecurityEnterprise Software
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 provides a customer data platform and guest communication tools for hotels and hospitality groups, unifying data from PMS, booking engines, and OTA channels into single guest profiles.
Marketing TechSaaSTravel & Hospitality
Co-investorsLU Innovation
Claimlane provides a platform for managing aftersales cases such as returns, warranty claims, and repairs through a self-service portal, using AI agents and automated workflows to resolve tickets.
AI & Machine LearningRetail TechSaaS
Cluby is an all-in-one marketing and loyalty app for restaurants, offering tools to build a digital customer register, send push notifications, offer rewards, and manage VIP and staff cards.
ConsumerMarketing TechSaaS
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
Ezyinsights provides a real-time analytics and news discovery platform for news and photo agencies, letting them track content and image usage, run historical usage reports, detect plagiarism, and monitor engaging stories.
Data & InfrastructureMedia & EntertainmentSaaS
Duane Atkins(Founder)in
Co-investorsGorilla Capital
GBuilder provides software for real estate developers and construction projects, covering processes from marketing through to aftercare.
Construction TechPropTechSaaS
Co-investorsButterfly Ventures
Happeo builds an intranet platform for growing companies that centralizes company information such as policies, processes, onboarding, and updates into one searchable place.
Enterprise SoftwareFuture of WorkSaaS
Co-investorsDN CapitalEndeit CapitalEvli Growth PartnersSmartFinInkef
HappySignals is an Experience Intelligence platform that measures the human experience of IT by collecting continuous employee feedback and combining it with operational data to show where employees lose time and how IT drives business impact.
Enterprise SoftwareFuture of WorkSaaS
Co-investorsLiquidity CapitalMars Growth CapitalNauta Capital
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
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 Atlantic
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
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
Leadfeeder is a B2B web visitor identification and lead generation platform that reveals which companies visit a website and surfaces buying intent from their behavior.
Marketing TechSaaSSales Tech
Kevin McIntyrein
Co-investorsSuperhero Capital
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)
Co-investorsOutward VCSalica InvestmentsScale Capital
Medixine provides a remote patient monitoring platform, Medixine Suite, combined with connected measuring devices to help healthcare providers monitor patients with chronic conditions such as CHF, COPD, hypertension, diabetes, and renal insufficiency.
Digital HealthHealthtechMedical Devices
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
myPlane is a B2B digital distribution and AI-powered booking platform for commercial charter flights, connecting the travel trade directly with airlines to source, book, sell, and manage group charter flights.
AI & Machine LearningB2B MarketplacesTravel & Hospitality
Samuli Tammisto(Founder)in
PatentRenewal.com operates an automated platform for managing intellectual property renewals — including patents, trademarks, utility models, and designs — across global jurisdictions, combining automation with in-house IP experts.
LegalTechSaaS
Co-investorsGorilla Capital
Surveypal offers a customer experience management (CXM) platform and a survey tool that let companies collect customer feedback across multiple channels and analyze it using AI-based text and sentiment analysis.
AI & Machine LearningMarketing TechSaaS
Co-investors500 Global
Syncle is a platform for managing and distributing product content such as images, videos, and product data across retailers and sales channels.
E-commerceRetail TechSaaS
Co-investorsAmpli Ventures
Test of Things (ToT) offers a platform for managing, automating, and monitoring cybersecurity compliance for Industrial IoT products, covering firmware, devices, documentation, and audits in one workspace.
CybersecurityIoTSaaS
Uploadcare provides a file-handling platform for developer teams to upload, store, transform, optimize, and deliver images, videos, and documents.
Cloud ComputingDeveloper ToolsSaaS
Co-investorsRuna Capital
Utopia AI offers a language-agnostic content moderation tool that interprets the semantic meaning of text despite spelling errors, informal grammar, or unusual word usage.
AI & Machine LearningEnterprise SoftwareSaaS
.png)
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 and permanently holds vertical market software companies, allowing acquired businesses to operate autonomously as part of a global organization.
Enterprise SoftwareSaaS
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)
Co-investorsKarma VenturesMetaplanetSpecialist VCThorgate VenturesAlmaz Capital
Portfolio news
latest coverage across their companiesComplir · techcrunch.com · Jun 18, 2026
Kolsquare · team.blue · Mar 13, 2026
Agileday · arctictoday.com · Jan 26, 2026
Agileday · arctictoday.com · Jan 26, 2026
Inven · arcticstartup.com · May 30, 2025
Surveypal · landbase.ai · May 20, 2025
Hostaway · techcrunch.com · Mar 4, 2025
Frequently asked questions
- How many investments has Vendep Capital made?
- Vendep Capital has 38 tracked investments, including 1 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, Nauta Capital, Superhero Capital, among 32 tracked co-investors.
Media · Podcasts & interviews
featuring the team5 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
Co-investors · 12
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.
Plug and Play is an innovation platform that connects corporations, governments, startups, investors, and universities to drive innovation.
F-Prime Capital is an early-stage-focused investment firm backing companies across life sciences, technology, healthtech and services, and crypto.
Creandum is a venture capital firm that invests in technology companies, backing them at early stages before their potential becomes widely obvious.
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.
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 is a European venture capital firm backing companies with global ambitions.
ForgePoint Capital is a thesis-driven venture firm investing in early-stage companies in cybersecurity, AI, and infrastructure software.
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.
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.
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 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.
Similar investors
8VC is a venture capital firm investing across logistics, life sciences, healthcare, IT infrastructure, and government/defense, guided by its Smart Enterprise thesis focused on data integration and platform network effects.
August Capital is a venture capital firm that invests in a small number of companies, providing hands-on support to entrepreneurs building their businesses.
.jpeg){kind=logo}
B Capital is a global investment firm backing early to late-stage technology innovators across technology, healthcare, and energy & resilience sectors.
Blumberg Capital is an early-stage venture capital firm founded in 1991, with offices in Miami, San Francisco, New York and Tel Aviv.
Clear Ventures is an early-stage venture capital firm that provides seed capital, connections, and company-building support to fast-growing startups.