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byFounders

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Dossier Summary

Nordic seed fund backed by 100+ successful founders, investing across Denmark, Sweden, Norway, and Finland.

Classification
Slugbyfounders
HQCopenhagen
Stage FocusPrimarily Series A and B rounds ($1-10M checks) in B2B Sa…
Intel StatusAccepting submissions
🔥 BERNIE'S HOT TAKE

byFounders is exactly what it sounds like - actual operators who've been through the founder journey and genuinely get the operational challenges. They're particularly strong on European expansion and B2B go-to-market, but don't expect them to write big checks or lead Silicon Valley-style mega rounds. They're hands-on without being overbearing, and their portfolio companies consistently praise their practical advice over theoretical frameworks. The downside? They can be pretty conservative on valuations and might push for profitability metrics earlier than other funds.

KEY TAKEAWAYS
  • Best for: European B2B founders who want operational expertise over just capital
  • Watch out for: Conservative on valuations, prefer sustainable growth over hypergrowth
  • Known for: Hands-on support from actual former founders who've scaled companies
Investment Thesis

byFounders backs early-stage B2B SaaS and tech-enabled service companies across Europe and North America. They focus on founder-market fit and sustainable business models, leveraging their own operational experience as former founders.

Stage & Sector Focus

Primarily Series A and B rounds ($1-10M checks) in B2B SaaS, fintech, and tech-enabled services. Strong Nordic presence but increasingly global. Heavy focus on revenue-generating companies with clear paths to profitability.

Notable Portfolio
ContractbookTemplafyPleoTaktilePlandayPeakonFalcon.ioCapdesk
Key Partners
Jeppe Zink
Partner

Co-founder and former CEO of Falcon.io (sold to Cision). Strong operator background in SaaS and social media tech. Known for hands-on approach with portfolio companies on go-to-market strategy.

Lars Fjeldsoe-Nielsen
Partner

Co-founder of multiple startups including Falcon.io. Deep experience in B2B SaaS scaling and international expansion. Reputation for being direct and commercially focused in board meetings.

Rune Theill
Partner

Former founder and operator with exits under his belt. Known for pattern recognition in early-stage B2B companies and helping founders avoid common scaling pitfalls.

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