
Creandum
Description
Creandum is a prominent early-stage venture capital firm with a strong footprint in the European technology ecosystem, particularly known for its Nordic roots. Headquartered in Stockholm, with additional offices in Berlin and San Francisco, the firm primarily targets Seed to Series B investments in technology companies across consumer, software (SaaS), and hardware sectors. Their investment philosophy centers on identifying ambitious founders building globally scalable businesses, often leveraging their deep industry expertise and extensive network to support portfolio companies from inception through growth.
The firm's strategic approach involves taking significant stakes in promising startups, often leading rounds and actively participating in the strategic development of their portfolio. Creandum has a distinguished track record of backing some of Europe's most successful tech companies, including global giants like Spotify and fintech leader Klarna. This history underscores their capability to identify and nurture companies with the potential for massive scale and impact. Their focus extends to emerging areas such as AI, fintech, and health tech, reflecting a forward-looking investment thesis.
Creandum demonstrates substantial financial capacity to support its portfolio. In 2022, the firm successfully closed Creandum Fund VI, raising a substantial €500 million (approximately $550 million) to continue its early-stage investment strategy. This significant capital pool allows them to write initial checks ranging typically from $1 million for Seed rounds up to $15 million for Series A and B investments, with capacity for substantial follow-on funding. Their ability to deploy considerable capital positions them as a key partner for startups seeking significant growth equity and strategic guidance.
While deeply rooted in the Nordic region, Creandum's investment scope is pan-European and increasingly global, particularly with its San Francisco presence facilitating connections to the US market. The firm prides itself on a hands-on approach, providing operational support, strategic advice, and access to a vast network of talent and potential partners. This comprehensive support system, combined with their financial backing, aims to accelerate the growth of their portfolio companies and solidify their position as a leading early-stage investor.
Investor Profile
Creandum has backed more than 267 startups, with 22 new investments in the last 12 months alone. The firm has led 103 rounds, about 39% of its total and boasts 39 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series B rounds (top funding stages).
- Majority of deals are located in Sweden, Germany, United States.
- Strong thematic focus on Software, FinTech, Financial Services.
- Led 10 rounds in the past year.
- Typical check size: $1M – $15M.
Stage Focus
- Series A (31%)
- Seed (22%)
- Series B (19%)
- Series Unknown (10%)
- Series C (8%)
- Pre Seed (3%)
- Series D (3%)
- Convertible Note (1%)
- Angel (1%)
- Secondary Market (1%)
Country Focus
- Sweden (27%)
- Germany (17%)
- United States (17%)
- United Kingdom (11%)
- Denmark (8%)
- Norway (4%)
- Finland (3%)
- France (2%)
- Hungary (2%)
- Spain (2%)
Industry Focus
- Software
- Fintech
- Financial Services
- Information Technology
- Mobile Apps
- Mobile
- Apps
- Saas
- Artificial Intelligence (Ai)
- E-commerce
Frequently Asked Questions
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