This new milestone in the Inventure story falls almost exactly one year after DoorDash announced it had acquired Wolt. Thinking back to our first meeting with Wolt 2014, it’s a strong reminder that every unicorn starts as a pitch deck and a rough demo, staring down massive competition from day one.
In Inventure IV it’s our job to match the grit and ambition we saw in the Wolt founders to every founder we meet today. Here’s how we work:
Your experienced local partner supporting talent and expansion
We’ve built Inventure to be a strong local partner for the early stages, helping set the foundation and momentum for international growth.
Much of our support comes from being your most trusted advisor. Since 2005 we’ve backed over 80 companies including Swappie, aiMotive, Lassie, Nordigen, Material Exchange, Canatu, and Stockeld Dreamery. In doing so, we’ve been laser-focused on building a Nordic and Baltic network, helping founders make key partnerships, attract first customers, and raise follow-on funding from top-tier investors. To date, the Inventure portfolio has raised €1.9 billion and has exited to acquirers including Apple, Amazon, DoorDash, GoCardless, and Quest Diagnostics — as well as an IPO in the mix.
But looking beyond the strategic level, we also offer support for early-stage tactics. We seen over and over that a company’s ability to attract top-tier talent and successfully expand internationally are the most critical hurdles required to prove traction to Series A and B investors. Our in-house Talent and Expansion team offers recruiting strategy, helps run the international expansion playbook, as well as offers support on comms, marketing, and financial administration. Get in touch with the Inventure team and we’ll connect you with our Talent and Expansion team as early in the process as we can.
Dedicated to early stage
Our sweet spot are tickets around €1 to €3 million, maxing out around €5 million. We’ve been the first institutional investor in about 90% of our portfolio, and we know that the best returns come from getting in early and then running far with the best. About 60% of our fund is reserved for follow-on funding.
Looking even earlier, in Inventure IV, we now have the opportunity to invest in tickets as low as €200,000-€500,000, which means we can help founders close angel rounds with a strong institutional name. We move fast here. For these smaller raises, we aim to get back to founders with a positive or negative decision within 72 hours after our first team call. At this stage, we’re betting on people, not products, which means we’re most excited about serial entrepreneurs and top talent from scale-ups with strong operational experience.
Join the Inventure family
Core to the Inventure package is a founder-first, no-nonsense approach; our aim is to be the first trusted advisor that founders call on in tough situations. In practice that always means putting the company’s needs ahead of the investing syndicate, setting clear targets about what’s needed to reach the next funding milestone, and… always keeping it real with you. In a good way.
With a new fund, we’re not slowing down. We’re ready to back the best founders and category leaders in the Nordics and Baltics. The best way to get in touch with us is to reach out directly to our team members or use our pitch form.