Copenhagen, Denmark · Venture CapitalbyFounders is a founder led venture fund backed by a collective of Nordic and Baltic entrepreneurs. The team invests from pre seed to Series A and provides portfolio founders with direct access to experienced operators across the region. byFounders is known for strong community support, rapid founder feedback, and deep connections to the Nordic ecosystem. It has become one of the most influential early stage funds headquartered in Copenhagen.
Venture CapitalPre-Seed to Series AGeneral TechFintechSaaS
Stockholm, Sweden · AcceleratorFounded 2003. Nordic VC investing from seed in consumer internet, fintech, gaming, and SaaS.
AcceleratorSeed to Series AConsumer InternetFintechGamingSaaS
Valencia & Madrid, Spain · Venture StudioFounded 2013. Talent incubator that forms teams and builds startups from idea stage in a 6-month program, with up to EUR 100K pre-seed from its fund. Expanded to multiple European cities; reports 78% survival across 40+ companies. Scope: International.
Venture StudioVenture BuildingFintechSaaS
Copenhagen, Denmark · StartupDixa is a Danish customer engagement platform that unifies phone, email, chat, and messaging into one support workspace. Founded in 2015, Dixa emphasizes a relationship driven approach called Customer Friendship and helps digital first brands manage omnichannel support at scale. The company expanded across Europe and the United States, raised large funding rounds, and acquired knowledge base and conversational AI products to broaden its suite. Dixa is a notable Copenhagen based SaaS scale up.
StartupGrowthCustomer ExperienceSaaS
Kyiv, Ukraine · StartupAI-powered writing assistant offering grammar, clarity, and tone suggestions across browsers, apps, and keyboards, with freemium and enterprise plans.
StartupGrowthAIProductivityEdTechSaaS
Copenhagen, Denmark · Venture CapitalHeartcore Capital, formerly Sunstone, is a Copenhagen based VC focused on early stage consumer and software companies. The firm invests across the Nordics and Europe, supporting founders who build category leading marketplaces, subscriptions, and SaaS products. Heartcore has been an early backer of companies such as Vivino and Lunar and has built one of Denmark's most experienced VC teams. Its consumer first perspective remains a distinctive focus in the Nordic funding market.
Venture CapitalSeed to Series AConsumerMarketplaceSaaS
Poznan, Poland · Angel InvestorAnother Netguru co-founder, Kuba is now a notable angel investor. He co-invested alongside Wiktor Schmidt in startups like Estimote and ColibriTool, and has made several other early-stage investments on his own. He brings product insight and network connections from building one of Poland’s top software companies. Associated startups: Estimote, ColibriTool, and other Polish SaaS startups.
Angel InvestorPre-Seed to SeedSaaSDeveloper Tools
Warsaw, Poland · Angel InvestorA German investor (ex-TechStars London) who launched Angel Invest (a micro-fund), Jens was awarded Poland’s 2022 “Best Foreign Investor” for actively investing in Polish startups. He has made quick, small angel investments in Polish SaaS and deep-tech companies, often as one of the first foreign checks in. Associated startups: Satellite imaging startup KP Labs, various B2B SaaS in Poland.
Angel InvestorPre-Seed to SeedSaaSDeep Tech
Madrid, Spain · AcceleratorFounded 2016. Entrepreneur-friendly fund backing product-led Spanish tech startups.
AcceleratorSeed to Series ASaaSMarketplacesConsumer
Madrid, Spain · AcceleratorFounded 2012. Early-stage investor in digital platforms, SaaS, and data-driven services.
AcceleratorSeed to Series ASaaSDigital PlatformsData
Berlin, Germany · Venture CapitalCommunity-backed fund supporting founders across Berlin, Paris, and Lisbon in SaaS and marketplaces.
Venture CapitalSeed to Series ASaaSMarketplace
Stockholm, Sweden · Venture StudioFounded 2016. Venture studio co-founding fintech and SaaS startups by providing strategy, design, product development, and funding in exchange for equity; built companies like Mondido. Scope: National.
Venture StudioFintechSaaSVenture Building
Rome, Italy · IncubatorPublicly listed VC and accelerator operator (LUISS EnLabs) focused on pre-seed and seed digital startups in Italy.
IncubatorPre-Seed to SeedSaaSMarketplacesDigital Media
Warsaw, Poland · Angel InvestorAn early dot-com entrepreneur (co-founded Gadu-Gadu), Marcin made angel investments in startups like DocPlanner and UXPin before co-founding the VC fund Market One Capital. His angel portfolio included many Polish marketplaces and SaaS companies, leveraging his extensive network from the 2000s startup wave. Associated startups: DocPlanner, UXPin, and numerous marketplace platforms (early investor).
Angel InvestorSeedMarketplacesSaaS
Warsaw, Poland · Angel InvestorA veteran of Poland’s startup scene, Mariusz founded GoldenLine and DocPlanner. Alongside running a unicorn-scale company (DocPlanner), he has been an angel in numerous startups including Preply, Shoplo, Positionly, and Brainly. He often provides both capital and guidance on scaling to international markets. Associated startups: Preply, Shoplo, Positionly, Brainly, Allani, among others.
Angel InvestorSeed to Series AHealthTechMarketplacesSaaS
Paris, France · Innovation HubNUMA is a storied name in the Paris startup scene – both an accelerator and an innovation hub that traces its origins to one of Europe’s first startup programs. Established in 2011, NUMA evolved from the famed “Le Camping” accelerator (run out of a historic building on Rue du Caire). As an accelerator, NUMA ran 3- to 6-month cohorts for digital startups, providing mentorship, community events, coworking space, and investor demo days. It was particularly influential in France’s early startup boom – alumni include successes like Dataiku (AI platform) and Algolia (search-as-a-service), which both passed through NUMA’s programs. Over time, NUMA expanded its scope beyond acceleration into corporate innovation. It launched NUMA Consulting to help large companies implement startup methodologies, and also opened international outposts (NUMA Bengaluru in India and NUMA New York were launched around 2015–2016). In Paris, NUMA’s space became an “innovation hub” – a vibrant campus hosting events, hackathons, and innovation programs for corporates and the community. NUMA was notable for being a public-private effort initially, supported by the City of Paris and corporates, which helped ignite the French ecosystem a decade ago. By the late 2010s, NUMA transitioned its accelerator model – focusing more on themed open-innovation programs (e.g. for smart cities or AI) rather than general batches. It also partnered with the European Commission on projects to spur startup-corporate collaborations. Though NUMA (the accelerator) concluded its last batch in late 2019, the brand still persists as a hub and network of innovation spaces. The legacy of NUMA is significant: it helped institutionalize French startup support and proved the value of mentorship-driven acceleration in Europe. In ecosystem terms, NUMA stands as a pioneer whose model of combining startup acceleration with corporate and community innovation has been emulated widely.
Innovation HubDigitalSaaSOpen Innovation
Amsterdam, Netherlands · AcceleratorFounded 2007. Early-stage fund focused on marketplaces, platforms, and subscription software.
AcceleratorSeed to Series AMarketplacesPlatformsSaaS
Berlin, Germany · StartupCollaborative presentation platform built for modern teams rolling out investor decks and roadmaps.
StartupGrowthProductivitySaaS
Amsterdam, Netherlands · AcceleratorFounded 1999. Growth-oriented fund investing in European consumer internet, fintech, and SaaS scale-ups.
AcceleratorSeries B to GrowthConsumer InternetFintechSaaS
Krakow, Poland · Angel InvestorA well-known entrepreneur and rally champion (Dakar Rally winner), Rafał channels his business success into startup investments. He founded Gemini Holding (shopping malls) and now, as an angel, focuses on B2B services and SaaS. For example, he was an early investor in HR platform HCM Deck, helping enterprises manage talent. Associated startups: HCM Deck, Sundose (personalized nutrition), and other SaaS startups.
Angel InvestorSeedB2BSaaS
Warsaw, Poland · AcceleratorFounded 2011. Early-stage investor focused on digital health, telemedicine, and SaaS.
AcceleratorSeed to Series ADigital HealthTelemedicineSaaS
Madrid, Spain · IncubatorFounded 2016. Seed fund focused on marketplace and platform businesses with network effects.
IncubatorSeedMarketplacesPlatformsSaaS
Copenhagen, Denmark · Venture CapitalSEED Capital is Denmark's largest early stage venture fund and a first check investor for many of the country's most successful startups. The firm invests at seed and Series A and supports founders with hands on company building and follow on fundraising. SEED has backed Danish scale ups across SaaS, fintech, and consumer tech, with notable wins including Trustpilot, Vivino, Templafy, and Lunar. It is a key pillar of the Danish venture landscape.
Venture CapitalSeed to Series ASaaSFintechConsumer
Madrid, Spain · AcceleratorFounded 2017. Hybrid accelerator-VC supporting product-led startups in Europe and the Americas.
AcceleratorSeed to Series AFintechSaaSMobile
Copenhagen, Denmark · StartupFounded in 2007 by Peter Holten Muhlmann, Trustpilot is a Copenhagen-born consumer reviews platform that helps people share feedback about businesses and helps companies respond to and learn from customers. The platform operates a freemium model, pairing public reviews with paid tools for analytics, review invitations, and trust widgets. Trustpilot scaled internationally, opened major offices in London and New York, and went public on the London Stock Exchange in 2021. Today it hosts hundreds of millions of reviews and remains one of Denmark's best known global software successes.
StartupGrowthSaaSReviewsE-commerce
Poznan, Poland · Angel InvestorAs co-founder and Executive Chairman of Netguru, Wiktor has parlayed his success into multiple angel investments. He has backed Polish startups such as ColibriTool, Estimote, Growbots, UXPin, and Lever, often supporting fellow founders from Poland’s product and SaaS scene. Associated startups: ColibriTool, Estimote, Growbots, UXPin, Lever.
Angel InvestorPre-Seed to Series ASaaSProductDesign
Copenhagen, Denmark · StartupZendesk was founded in Copenhagen in 2007 by Mikkel Svane, Morten Primdahl, and Alexander Aghassipour to make customer support software simpler and more usable. The company built a cloud helpdesk that unified email, chat, voice, and social support, then expanded rapidly after relocating headquarters to San Francisco while keeping Danish roots. Zendesk went public in 2014 and later returned to private ownership in 2022, but it continues to shape the global customer experience software market and remains a landmark Danish founded SaaS company.
StartupGrowthSaaSCustomer Support