
Trind Ventures
Description
Trind Ventures is a prominent seed-stage venture capital firm headquartered in Tallinn, Estonia, with additional offices in Helsinki and Munich. The firm's investment thesis centers on European software startups that possess a strong consumer or community component, encompassing a diverse range of business models including B2C, marketplaces, and product-led growth (PLG) driven B2B companies. They are dedicated to identifying and nurturing early-stage ventures with significant potential for market disruption and scalable growth within these specialized niches.
Typically, Trind Ventures provides initial investments ranging from €250,000 to €750,000, demonstrating their commitment to supporting startups during their critical foundational stages. Beyond the initial capital, the firm is known for its hands-on approach, offering strategic guidance and operational support to its portfolio companies. Trind Ventures also allocates substantial capital for follow-on investments, capable of deploying up to €5 million in subsequent funding rounds to help their most promising ventures achieve further scale and market penetration. This long-term commitment underscores their dedication to fostering sustained growth and success for their portfolio.
Trind Ventures has successfully raised multiple funds to support its investment activities. Their first fund, Trind Ventures Fund I, closed in 2019 with €20 million in commitments. Building on this success, they closed their second fund, Trind Ventures Fund II, in 2022, securing €55 million. This substantial increase in capital reflects growing investor confidence in their investment thesis and track record. With a clear focus on the dynamic European startup ecosystem, Trind Ventures plays a vital role in nurturing innovation across the continent, particularly in the Nordics and Baltics, leveraging their strategic locations to access diverse talent pools and market opportunities.
Investor Profile
Trind Ventures has backed more than 44 startups, with 4 new investments in the last 12 months alone. The firm has led 20 rounds, about 45% of its total and boasts 1 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
- Majority of deals are located in Finland, Estonia, United States.
- Strong thematic focus on Software, Information Technology, SaaS.
- Led 4 rounds in the past year.
- Typical check size: $270K – $810K.
Stage Focus
- Seed (43%)
- Series Unknown (30%)
- Series A (16%)
- Pre Seed (9%)
- Debt Financing (2%)
Country Focus
- Finland (34%)
- Estonia (25%)
- United States (11%)
- Spain (9%)
- Germany (5%)
- Sweden (5%)
- Latvia (2%)
- France (2%)
- United Kingdom (2%)
- Ukraine (2%)
Industry Focus
- Software
- Information Technology
- Saas
- Marketplace
- Media And Entertainment
- Human Resources
- Recruiting
- Social Media
- Music
- Gaming
Frequently Asked Questions
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