
Founders
Description
Founders is a distinctive Copenhagen-based venture capital firm recognized for its highly hands-on, "company builder" approach to early-stage investing. Unlike traditional VCs that primarily provide capital, Founders often co-founds or deeply collaborates with entrepreneurs to build B2B SaaS, FinTech, and HealthTech companies from the ground up, starting at "day zero." This unique model emphasizes de-risking nascent ventures by providing extensive operational support, strategic guidance, and leveraging their internal expertise and network, making them a compelling partner for founders seeking more than just capital.
The firm demonstrates a strong commitment to its investment thesis, focusing on a select number of high-potential ventures. Founders successfully closed its third fund, Founders Fund III, in 2021, securing €100 million, which translates to approximately $108 million. This substantial capital pool enables them to provide significant initial funding and follow-on investments to support their portfolio companies through critical early growth phases. Their investment strategy is highly selective, with an aim to launch or co-found 1-2 new companies annually, reflecting a disciplined approach to venture creation rather than a high-volume investment strategy.
Founders typically deploys initial cheques ranging from €500,000 to €2.5 million, equivalent to approximately $540,000 to $2.7 million, targeting pre-seed to seed-stage companies. This indicates their focus on the earliest stages of company development, where their hands-on support can have the most profound impact. Their portfolio showcases a range of innovative companies, predominantly originating from the Nordic region, with ambitions for global scale. Founders positions itself as a strategic partner, deeply embedded in the entrepreneurial journey, providing the foundational elements necessary for breakthrough success in their specialized sectors.
Investor Profile
Founders has backed more than 36 startups, with 2 new investments in the last 12 months alone. The firm has led 16 rounds, about 44% of its total and boasts 2 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
- Majority of deals are located in Denmark, Germany, United States.
- Strong thematic focus on Financial Services, FinTech, Payments.
- Typical check size: $540K – $2.7M.
Stage Focus
- Seed (39%)
- Pre Seed (31%)
- Series A (8%)
- Series B (8%)
- Series C (6%)
- Angel (3%)
- Undisclosed (3%)
- Series Unknown (3%)
Country Focus
- Denmark (64%)
- Germany (17%)
- United States (8%)
- Italy (6%)
- The Netherlands (3%)
Industry Focus
- Financial Services
- Fintech
- Payments
- Information Technology
- Software
- Accounting
- Mobile Payments
- Banking
- Finance
- Non Profit
Frequently Asked Questions
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