Wellstreet

Wellstreet is a prominent Stockholm-based venture builder and investor, deeply embedded in the Nordic startup ecosystem. They focus on identifying and accelerating early-stage companies, primarily at the pre-seed, seed, and Series A stages. Their unique model combines strategic venture building with direct investment, aiming to foster sustainable growth and innovation across key sectors including FinTech, PropTech, RetailTech, and AI.

Wellstreet operates through dedicated investment vehicles, notably the Wellstreet Fintech Fund I, launched in 2019, and the Wellstreet Ventures Fund I, which commenced in 2021. The Fintech Fund I had a target size of SEK 200 million, equivalent to approximately $19.2 million USD, specifically targeting Nordic fintech innovations. The Ventures Fund I, with a target size of SEK 300 million, broadened their scope to include a wider array of technology sectors, representing roughly $28.8 million USD. These funds underscore Wellstreet's commitment to active participation and long-term support for their portfolio companies.

Wellstreet typically writes initial checks ranging from SEK 2 million to SEK 20 million. This translates to approximately $192,000 to $1.92 million USD, depending on the prevailing exchange rate. Their robust portfolio boasts over 100 investments and more than 20 exits, demonstrating a strong track record in identifying and scaling promising startups. Wellstreet is recognized for its hands-on approach, leveraging its extensive network and operational expertise to support entrepreneurs in building successful ventures.