
Scale Capital
Description
Scale Capital is a Copenhagen-based venture capital firm established in 2013, dedicated to investing in promising Nordic B2B technology startups. The firm primarily targets Seed and Series A stage companies, focusing on those with global ambitions and a clear path to expansion, particularly into the lucrative U.S. market. Their investment thesis centers on identifying innovative B2B solutions across various sectors, including SaaS, AI, Fintech, Healthtech, and Deeptech, that have demonstrated initial product-market fit within the Nordic region.
A key differentiator for Scale Capital is its hands-on approach to helping portfolio companies navigate the complexities of U.S. market entry and scaling. Beyond providing capital, the firm leverages its extensive network and operational expertise to offer strategic guidance, facilitate partnerships, and support fundraising efforts for its portfolio companies. Their typical initial investment ranges from €1 million to €4 million, which translates to approximately $1.08 million to $4.32 million, based on recent exchange rates.
Scale Capital seeks out founders who are ready to embrace international growth and benefit from a partner with deep insights into cross-border scaling. The firm has built a diverse portfolio, with notable investments in companies like Templafy and Dixa, both of which have achieved significant milestones, including successful exits or substantial follow-on funding rounds. Their commitment extends to providing ongoing support, ensuring that companies are well-equipped to compete and succeed on a global stage.
In essence, Scale Capital acts as a strategic bridge for Nordic B2B tech companies, providing not just the necessary financial backing but also the critical operational and strategic support required to accelerate growth and achieve market leadership in the highly competitive U.S. landscape. Their focused strategy and value-add approach aim to maximize the global potential of their portfolio companies.
Investor Profile
Scale Capital has backed more than 23 startups, with 4 new investments in the last 12 months alone. The firm has led 12 rounds, about 52% of its total and boasts 3 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series Unknown, Pre Seed rounds (top funding stages).
- Majority of deals are located in Denmark, Sweden, Norway.
- Strong thematic focus on Software, Financial Services, SaaS.
- Led 3 rounds in the past year.
- Typical check size: $1.1M – $4.3M.
Stage Focus
- Seed (43%)
- Series Unknown (35%)
- Pre Seed (9%)
- Series A (9%)
- Convertible Note (4%)
Country Focus
- Denmark (48%)
- Sweden (13%)
- Norway (13%)
- United States (9%)
- Finland (9%)
- Germany (9%)
Industry Focus
- Software
- Financial Services
- Saas
- Information Technology
- Artificial Intelligence (Ai)
- Health Care
- Fintech
- Enterprise Resource Planning (Erp)
- Collaboration
- Education
Frequently Asked Questions
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