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Brightly Ventures

Europe, Stockholms Lan, Sweden, Norrmalm

Description

Brightly Ventures is a Stockholm, Sweden-based venture capital firm with a strong focus on early-stage technology companies across the Nordic region. Established by a team of experienced entrepreneurs and investors, the firm aims to support ambitious founders who are building transformative businesses. Their investment thesis centers on identifying and nurturing innovative startups that leverage technology to disrupt industries and create significant value. Brightly Ventures typically targets companies from the seed to Series A stages, providing not just capital but also strategic guidance and access to their extensive network.

The firm's investment strategy is broad yet focused, encompassing sectors such as B2B SaaS, fintech, deep tech, and consumer technology. They look for strong founding teams with clear visions and scalable business models. In 2020, Brightly Ventures successfully launched its first fund, Brightly Ventures Fund I, which had a target size of €50 million. This fund enables them to make meaningful initial investments and reserve capital for follow-on rounds, demonstrating a long-term commitment to their portfolio companies.

Brightly Ventures typically deploys initial checks ranging from €500,000 to €3 million, depending on the stage and specific needs of the startup. This flexible approach allows them to engage with companies at various points in their early growth trajectory. Beyond capital, Brightly Ventures prides itself on being an active partner, leveraging the operational experience of its founding team and advisors to help portfolio companies navigate challenges, scale operations, and achieve market leadership. Their philosophy emphasizes close collaboration and a hands-on approach to foster sustainable growth and maximize impact.

Investor Profile

Brightly Ventures has backed more than 23 startups, with 0 new investments in the last 12 months alone. The firm has led 8 rounds, about 35% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
  • Majority of deals are located in Sweden, Finland, United States.
  • Strong thematic focus on Payments, SaaS, Software.
  • Typical check size: $540K – $3.2M.

Stage Focus

  • Seed (52%)
  • Series Unknown (26%)
  • Series A (17%)
  • Series B (4%)

Country Focus

  • Sweden (83%)
  • Finland (9%)
  • United States (9%)

Industry Focus

  • Payments
  • Saas
  • Software
  • Information Technology
  • Enterprise Software
  • Mobile Apps
  • Mobile Payments
  • Point Of Sale
  • Retail
  • Retail Technology
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Brightly Ventures frequently co-invest with?

NFT Ventures
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 2
Creades AB
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 2
Bonnier Ventures
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 2
Inbox Capital
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 3
Partnerinvest Norr
Europe, Norrbottens Lan, Sweden, Piteå
Co-Investments: 2
Industrifonden
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 4
Swedbank
Europe, Vilniaus Apskritis, Lithuania, Vilnius
Co-Investments: 3
Spintop Ventures
Europe, Jamtlands Lan, Sweden, Östersund
Co-Investments: 4
Maki.vc
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 2
Luminar Ventures
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 4

Which angels does Brightly Ventures often collaborate with?

ES
North America, South Carolina, United States, Denmark
Shared Deals: 1
DS
Europe, Sweden
Shared Deals: 1
Shared Deals: 1
MK
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1
FD
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1
AF
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1
KB
Europe, England, United Kingdom, London
Shared Deals: 1
OR
North America, North Carolina, United States, Winston Salem
Shared Deals: 1

What are some of recent deals done by Brightly Ventures?

Fast Travel Games

Stockholm, Stockholms Lan, Sweden

Fast Travel Games is a new game development studio located in Stockholm

Digital EntertainmentGamificationGamingVirtual Reality
Series UnknownOct 10, 2023
Amount Raised: $3,923,232
Collective Minds Radiology

Stockholm, Stockholms Lan, Sweden

Collective Minds Radiology offers a cloud-based healthcare collaboration platform with with access to data, and human and digital expertise.

Artificial Intelligence (AI)ConsultingHealth CareHealth DiagnosticsInformation TechnologyInternet
Series UnknownAug 28, 2023
Amount Raised: $7,658,159
Adway

Stockholm, Stockholms Lan, Sweden

Adway specializes in recruitment marketing, employer branding, HR-tech and candidate journey solutions.

Human ResourcesMarketing AutomationRecruitingSocial RecruitingSoftware
Series ANov 16, 2022
Amount Raised: $10,393,433
Worldfavor

Stockholm, Stockholms Lan, Sweden

Worldfavor is a sustainability management and reporting platform enabling companies to understand their impact and make sustainable actions.

Big DataBusiness DevelopmentBusiness IntelligenceInformation ServicesSaaSSustainability
Series AAug 23, 2022
Amount Raised: $10,165,934
Yabie

Stockholm, Stockholms Lan, Sweden

Yabie - One stop shop for in-store transactions and check-out. Fastest growing POS & Payment actor in Northern Europe

Enterprise SoftwareMobile AppsMobile PaymentsPaymentsPoint of SaleRetailRetail Technology
Series UnknownJun 3, 2022
Amount Raised: $16,080,221
Zevoy

Espoo, Southern Finland, Finland

Zevoy is a fintech startup that provides expense management solutions for companies and businesses.

FinanceFinancial ServicesSaaSVenture Capital
Series AApr 11, 2022
Amount Raised: $16,315,538
Hooked Foods

Nacka, Stockholms Lan, Sweden

Leading the transition to a harmless seafood system by serving healthy vegan seafood for everybody to truly enjoy.

Food and Beverage
SeedSep 22, 2021
Amount Raised: $4,520,000
Zevoy

Espoo, Southern Finland, Finland

Zevoy is a fintech startup that provides expense management solutions for companies and businesses.

FinanceFinancial ServicesSaaSVenture Capital
SeedSep 5, 2021
Amount Raised: $4,516,519
Starmony

Stockholm, Stockholms Lan, Sweden

Starmony is a technology company in the field of music creation.

AudioMusicMusic Label
SeedJul 20, 2021
Amount Raised: $3,447,919
Fast Travel Games

Stockholm, Stockholms Lan, Sweden

Fast Travel Games is a new game development studio located in Stockholm

Digital EntertainmentGamificationGamingVirtual Reality
Series BJul 1, 2021
Amount Raised: $4,000,000