Creandum

Creandum is a European early-stage venture capital firm established in 2003 and based in Stockholm, Sweden. The firm specializes in investing in innovative technology companies across various sectors, including information technology, climate tech, artificial intelligence, machine learning, and cybersecurity. Creandum supports founders by offering not only financial capital but also operational expertise and access to a strong network developed over years in the industry.

Gemma Bloemen

Principal

Daniel Blomquist

Operating Partner

Johan Brenner

General Partner

Fredrik Cassel

General Partner

Carl Fritjofsson

Partner

Maximilian Grohmann

Associate

Beata Klein

Associate

Simon Schmincke

General Partner

Peter Specht

Partner

Bjarke Staun-Olsen

Principal

Sanna Westman

Investment Manager

Staffan Helgesson

General Partner and Founder

Past deals in Sweden

Kry

Venture Round in 2022
Kry is a digital healthcare company that provides video consultation services, allowing patients to connect with qualified health professionals through a mobile application. Founded in 2015 and based in Stockholm, Sweden, Kry enables users to receive medical advice conveniently, at any time and location, thereby enhancing their ability to make informed health decisions. The platform aims to streamline access to healthcare, alleviating the burden on traditional healthcare systems. By partnering with both public and private healthcare providers, Kry integrates technology into the health sector, focusing on improving patient experience and outcomes in the fields of healthcare and digital health.

Favro

Seed Round in 2021
Favro AB, founded in 2016 and based in Uppsala, Sweden, specializes in developing a planning and collaboration application designed to enhance organizational flow. The platform serves as a comprehensive online project management tool that enables teams to plan projects, assign tasks, and collaborate effectively. Key features of Favro's application include time tracking, document sharing, and notification management, which facilitate progress tracking at various levels through aggregated summaries. By providing a centralized workspace, Favro empowers distributed teams to manage multiple projects seamlessly, thereby enhancing productivity and efficiency in product and service development.

Bokio

Venture Round in 2021
Bokio AB, founded in 2015 and based in Gothenburg, Sweden, specializes in developing accounting software that simplifies bookkeeping, invoicing, and payroll services for small business owners. Leveraging artificial intelligence, Bokio's platform enables users to automate various financial tasks, making accounting more accessible. In addition to its core software offerings, Bokio also serves as a marketplace for small businesses, providing additional services such as assistance with insurance and pension contracts, invoice sales to enhance liquidity, and mail services for sending payslips and invoices. Through its innovative solutions, Bokio aims to streamline the financial management process for entrepreneurs, allowing them to focus on growing their businesses.

Neo4j

Series F in 2021
Neo4j, Inc. develops a graph database platform that helps organizations understand and leverage the connections between people, processes, locations, and systems. This platform is utilized in various applications, including artificial intelligence, analytics, fraud detection, identity management, knowledge graphs, and recommendation engines. It enables developers and data scientists to build intelligent applications and machine learning workflows effectively. Neo4j offers its services as a fully managed cloud solution or as a self-hosted option, catering to clients across multiple sectors such as financial services, retail, government, and telecommunications. Founded in 2007 and headquartered in San Mateo, California, Neo4j also has offices in Sweden, the United Kingdom, and France.

Kry

Series D in 2021
Kry is a digital healthcare company that provides video consultation services, allowing patients to connect with qualified health professionals through a mobile application. Founded in 2015 and based in Stockholm, Sweden, Kry enables users to receive medical advice conveniently, at any time and location, thereby enhancing their ability to make informed health decisions. The platform aims to streamline access to healthcare, alleviating the burden on traditional healthcare systems. By partnering with both public and private healthcare providers, Kry integrates technology into the health sector, focusing on improving patient experience and outcomes in the fields of healthcare and digital health.

Bokio

Venture Round in 2020
Bokio AB, founded in 2015 and based in Gothenburg, Sweden, specializes in developing accounting software that simplifies bookkeeping, invoicing, and payroll services for small business owners. Leveraging artificial intelligence, Bokio's platform enables users to automate various financial tasks, making accounting more accessible. In addition to its core software offerings, Bokio also serves as a marketplace for small businesses, providing additional services such as assistance with insurance and pension contracts, invoice sales to enhance liquidity, and mail services for sending payslips and invoices. Through its innovative solutions, Bokio aims to streamline the financial management process for entrepreneurs, allowing them to focus on growing their businesses.

Kry

Series C in 2020
Kry is a digital healthcare company that provides video consultation services, allowing patients to connect with qualified health professionals through a mobile application. Founded in 2015 and based in Stockholm, Sweden, Kry enables users to receive medical advice conveniently, at any time and location, thereby enhancing their ability to make informed health decisions. The platform aims to streamline access to healthcare, alleviating the burden on traditional healthcare systems. By partnering with both public and private healthcare providers, Kry integrates technology into the health sector, focusing on improving patient experience and outcomes in the fields of healthcare and digital health.

Firstvet

Series B in 2019
FirstVet is a digital veterinary clinic that offers a video consultation platform to connect pet owners with veterinarians via smartphone, tablet, or computer. Founded in 2016 and headquartered in Stockholm, Sweden, the platform allows users to receive advice on their pets' health and well-being, helping them assess when to seek further care. FirstVet's services include video consultations and medicinal prescriptions, providing a cost-effective and time-efficient alternative to traditional veterinary visits. By leveraging technology, FirstVet aims to enhance pet care and simplify access to veterinary services for pet owners.

Epidemic Sound

Venture Round in 2019
Epidemic Sound is a Swedish music company that produces and licenses music for video creators and businesses globally. Founded in 2009 and headquartered in Stockholm, the company offers a vast catalogue of over 30,000 tracks across more than 180 genres, including acoustic, classical, and electronic music, as well as various moods and themes. Epidemic Sound operates on a subscription-based model, allowing users unlimited access to its music library or the option to license individual tracks. All music usage comes with worldwide clearance for all platforms and for an unlimited duration, eliminating legal risks for users. This model is tailored for storytellers, broadcasters, production companies, and content creators, including YouTubers, enabling them to enhance their audiovisual projects effortlessly. The company also provides online services that facilitate playlist creation and music updates, making it an essential resource for modern digital media production.

Neo4j

Series E in 2018
Neo4j, Inc. develops a graph database platform that helps organizations understand and leverage the connections between people, processes, locations, and systems. This platform is utilized in various applications, including artificial intelligence, analytics, fraud detection, identity management, knowledge graphs, and recommendation engines. It enables developers and data scientists to build intelligent applications and machine learning workflows effectively. Neo4j offers its services as a fully managed cloud solution or as a self-hosted option, catering to clients across multiple sectors such as financial services, retail, government, and telecommunications. Founded in 2007 and headquartered in San Mateo, California, Neo4j also has offices in Sweden, the United Kingdom, and France.

Mavenoid

Seed Round in 2018
Mavenoid AB specializes in developing AI-driven troubleshooting software aimed at hardware and consumer electronics companies. Founded in 2016 and headquartered in Stockholm, Sweden, the company offers a range of tools designed to automate technical support and customer onboarding for various products, including printers, ovens, electric scooters, and industrial equipment. Its platform includes MavenKB, an enterprise knowledgebase; Falcon, a diagnosis engine that identifies root causes; and Druid, an intelligent query engine for building question and answering systems. Mavenoid also provides a troubleshooting system that facilitates human-driven problem solving and a knowledge manager for tracking diagnostic data. By leveraging machine learning and a chatbot-style interface, Mavenoid aims to reduce support costs and resolution times by automating repetitive customer support tasks. The company serves sectors such as transportation, military, and industrial applications.

Kry

Series B in 2018
Kry is a digital healthcare company that provides video consultation services, allowing patients to connect with qualified health professionals through a mobile application. Founded in 2015 and based in Stockholm, Sweden, Kry enables users to receive medical advice conveniently, at any time and location, thereby enhancing their ability to make informed health decisions. The platform aims to streamline access to healthcare, alleviating the burden on traditional healthcare systems. By partnering with both public and private healthcare providers, Kry integrates technology into the health sector, focusing on improving patient experience and outcomes in the fields of healthcare and digital health.

Bokio

Seed Round in 2017
Bokio AB, founded in 2015 and based in Gothenburg, Sweden, specializes in developing accounting software that simplifies bookkeeping, invoicing, and payroll services for small business owners. Leveraging artificial intelligence, Bokio's platform enables users to automate various financial tasks, making accounting more accessible. In addition to its core software offerings, Bokio also serves as a marketplace for small businesses, providing additional services such as assistance with insurance and pension contracts, invoice sales to enhance liquidity, and mail services for sending payslips and invoices. Through its innovative solutions, Bokio aims to streamline the financial management process for entrepreneurs, allowing them to focus on growing their businesses.

Kry

Series A in 2017
Kry is a digital healthcare company that provides video consultation services, allowing patients to connect with qualified health professionals through a mobile application. Founded in 2015 and based in Stockholm, Sweden, Kry enables users to receive medical advice conveniently, at any time and location, thereby enhancing their ability to make informed health decisions. The platform aims to streamline access to healthcare, alleviating the burden on traditional healthcare systems. By partnering with both public and private healthcare providers, Kry integrates technology into the health sector, focusing on improving patient experience and outcomes in the fields of healthcare and digital health.

Neo4j

Series D in 2016
Neo4j, Inc. develops a graph database platform that helps organizations understand and leverage the connections between people, processes, locations, and systems. This platform is utilized in various applications, including artificial intelligence, analytics, fraud detection, identity management, knowledge graphs, and recommendation engines. It enables developers and data scientists to build intelligent applications and machine learning workflows effectively. Neo4j offers its services as a fully managed cloud solution or as a self-hosted option, catering to clients across multiple sectors such as financial services, retail, government, and telecommunications. Founded in 2007 and headquartered in San Mateo, California, Neo4j also has offices in Sweden, the United Kingdom, and France.

iZettle

Series D in 2016
iZettle AB is a financial technology company based in Stockholm, Sweden, that specializes in mobile payment services and applications for small businesses and entrepreneurs. Founded in 2010, iZettle revolutionized the market by introducing the first mini chip card reader designed for smartphones and tablets, enabling seamless payment processing. The company offers a range of products, including the iZettle Card Reader Lite, along with software that enhances payment speed, business management, sales analytics, customer engagement, and funding solutions. iZettle serves a diverse clientele across various countries, including Sweden, Norway, Denmark, Finland, the United Kingdom, Germany, Spain, Mexico, the Netherlands, and Brazil. As of September 2018, iZettle operates as a subsidiary of PayPal Holdings, Inc.

Kry

Seed Round in 2016
Kry is a digital healthcare company that provides video consultation services, allowing patients to connect with qualified health professionals through a mobile application. Founded in 2015 and based in Stockholm, Sweden, Kry enables users to receive medical advice conveniently, at any time and location, thereby enhancing their ability to make informed health decisions. The platform aims to streamline access to healthcare, alleviating the burden on traditional healthcare systems. By partnering with both public and private healthcare providers, Kry integrates technology into the health sector, focusing on improving patient experience and outcomes in the fields of healthcare and digital health.

Tictail

Series B in 2015
Tictail AB is an online platform that enables brands and retailers to create their own e-commerce stores, primarily catering to independent and emerging designers. Founded in 2011 and based in Stockholm, Sweden, Tictail provides a user-friendly interface that allows small business owners to set up their shops without needing coding or web design skills. The platform emphasizes community integration and offers customizable designs, making it accessible for a diverse range of brands. Tictail serves as a social shopping destination, allowing shoppers to discover and purchase unique home decor, fashion items, and various lifestyle products from a global community of designers. As of November 2018, Tictail operates as a subsidiary of Shopify Inc.

KnCMiner

Series B in 2015
We bring new Bitcoin miners alive! KnCMiner focuses on producing miners for cryptocurrencies. We are a Swedish company with long expertise within the ASIC and FPGA field. Have a look at our website for more information of our company and products.

Neo4j

Series C in 2015
Neo4j, Inc. develops a graph database platform that helps organizations understand and leverage the connections between people, processes, locations, and systems. This platform is utilized in various applications, including artificial intelligence, analytics, fraud detection, identity management, knowledge graphs, and recommendation engines. It enables developers and data scientists to build intelligent applications and machine learning workflows effectively. Neo4j offers its services as a fully managed cloud solution or as a self-hosted option, catering to clients across multiple sectors such as financial services, retail, government, and telecommunications. Founded in 2007 and headquartered in San Mateo, California, Neo4j also has offices in Sweden, the United Kingdom, and France.

Hansoft

Series A in 2014
Hansoft AB specializes in providing tools for team collaboration, project management, and defect tracking, particularly in agile software development. Founded in 2002 and based in Uppsala, Sweden, with an additional office in San Francisco, the company offers a comprehensive suite of features that supports various aspects of the agile application development lifecycle. Its solutions enable organizations to implement Scrum, Kanban, and other tailored agile methodologies, facilitating collaborative scheduling, defect management, real-time reporting, and long-term planning. Hansoft's tools are utilized across diverse industries, including aerospace, game development, telecommunications, and cloud services, allowing teams to enhance productivity and manage complex development programs effectively. As of 2017, Hansoft operates as a subsidiary of Perforce Software Inc.

Epidemic Sound

Series A in 2014
Epidemic Sound is a Swedish music company that produces and licenses music for video creators and businesses globally. Founded in 2009 and headquartered in Stockholm, the company offers a vast catalogue of over 30,000 tracks across more than 180 genres, including acoustic, classical, and electronic music, as well as various moods and themes. Epidemic Sound operates on a subscription-based model, allowing users unlimited access to its music library or the option to license individual tracks. All music usage comes with worldwide clearance for all platforms and for an unlimited duration, eliminating legal risks for users. This model is tailored for storytellers, broadcasters, production companies, and content creators, including YouTubers, enabling them to enhance their audiovisual projects effortlessly. The company also provides online services that facilitate playlist creation and music updates, making it an essential resource for modern digital media production.

Spotify

Secondary Market in 2014
Spotify Limited is a leading digital music-streaming service that offers users on-demand access to a vast library of songs across various devices, including computers, mobile phones, and home entertainment systems. Founded in 2006 and headquartered in Stockholm, Sweden, Spotify allows users to search for and discover music from friends, artists, and celebrities, while also enabling them to create, share, and edit playlists collaboratively. The platform includes features like personalized recommendations and radio playlists based on users' listening habits. Spotify operates on a freemium model, with revenue generated primarily from its premium subscription service and a secondary ad-supported service. As of 2023, the company boasts 602 million monthly active users, with a significant portion of its revenue derived from subscriptions. Additionally, Spotify provides tools for artists to promote their music through advertising and social media integration.

iZettle

Series C in 2014
iZettle AB is a financial technology company based in Stockholm, Sweden, that specializes in mobile payment services and applications for small businesses and entrepreneurs. Founded in 2010, iZettle revolutionized the market by introducing the first mini chip card reader designed for smartphones and tablets, enabling seamless payment processing. The company offers a range of products, including the iZettle Card Reader Lite, along with software that enhances payment speed, business management, sales analytics, customer engagement, and funding solutions. iZettle serves a diverse clientele across various countries, including Sweden, Norway, Denmark, Finland, the United Kingdom, Germany, Spain, Mexico, the Netherlands, and Brazil. As of September 2018, iZettle operates as a subsidiary of PayPal Holdings, Inc.

Tictail

Series A in 2014
Tictail AB is an online platform that enables brands and retailers to create their own e-commerce stores, primarily catering to independent and emerging designers. Founded in 2011 and based in Stockholm, Sweden, Tictail provides a user-friendly interface that allows small business owners to set up their shops without needing coding or web design skills. The platform emphasizes community integration and offers customizable designs, making it accessible for a diverse range of brands. Tictail serves as a social shopping destination, allowing shoppers to discover and purchase unique home decor, fashion items, and various lifestyle products from a global community of designers. As of November 2018, Tictail operates as a subsidiary of Shopify Inc.

iZettle

Series B in 2012
iZettle AB is a financial technology company based in Stockholm, Sweden, that specializes in mobile payment services and applications for small businesses and entrepreneurs. Founded in 2010, iZettle revolutionized the market by introducing the first mini chip card reader designed for smartphones and tablets, enabling seamless payment processing. The company offers a range of products, including the iZettle Card Reader Lite, along with software that enhances payment speed, business management, sales analytics, customer engagement, and funding solutions. iZettle serves a diverse clientele across various countries, including Sweden, Norway, Denmark, Finland, the United Kingdom, Germany, Spain, Mexico, the Netherlands, and Brazil. As of September 2018, iZettle operates as a subsidiary of PayPal Holdings, Inc.

iZettle

Series A in 2011
iZettle AB is a financial technology company based in Stockholm, Sweden, that specializes in mobile payment services and applications for small businesses and entrepreneurs. Founded in 2010, iZettle revolutionized the market by introducing the first mini chip card reader designed for smartphones and tablets, enabling seamless payment processing. The company offers a range of products, including the iZettle Card Reader Lite, along with software that enhances payment speed, business management, sales analytics, customer engagement, and funding solutions. iZettle serves a diverse clientele across various countries, including Sweden, Norway, Denmark, Finland, the United Kingdom, Germany, Spain, Mexico, the Netherlands, and Brazil. As of September 2018, iZettle operates as a subsidiary of PayPal Holdings, Inc.

Nanoradio

Venture Round in 2010
Nanoradio AB, a fabless semiconductor company, provides wireless solutions for cellular handset and consumer electronics markets. It offers multimedia products, single chip system in package, wireless LAN products, mobile phone products, and chipsets. The company also provides software, including diagnostic tools and software development kits to design embedded applications. Nanoradio’s products are used in voice over IP in wireless phones, headsets, portable audio and stereo devices, handheld computing devices, PDAs, handheld digital video and still cameras, and mobile gaming platforms; and convergence mobile phones and consumer electronics. The company was founded in 2004 and is based in Kista, Sweden with sales offices in Korea, Japan, and the United States. Nanoradio AB operates as a subsidiary of Wireless Experience AB.

Nanoradio

Venture Round in 2009
Nanoradio AB, a fabless semiconductor company, provides wireless solutions for cellular handset and consumer electronics markets. It offers multimedia products, single chip system in package, wireless LAN products, mobile phone products, and chipsets. The company also provides software, including diagnostic tools and software development kits to design embedded applications. Nanoradio’s products are used in voice over IP in wireless phones, headsets, portable audio and stereo devices, handheld computing devices, PDAs, handheld digital video and still cameras, and mobile gaming platforms; and convergence mobile phones and consumer electronics. The company was founded in 2004 and is based in Kista, Sweden with sales offices in Korea, Japan, and the United States. Nanoradio AB operates as a subsidiary of Wireless Experience AB.

Spotify

Series A in 2008
Spotify Limited is a leading digital music-streaming service that offers users on-demand access to a vast library of songs across various devices, including computers, mobile phones, and home entertainment systems. Founded in 2006 and headquartered in Stockholm, Sweden, Spotify allows users to search for and discover music from friends, artists, and celebrities, while also enabling them to create, share, and edit playlists collaboratively. The platform includes features like personalized recommendations and radio playlists based on users' listening habits. Spotify operates on a freemium model, with revenue generated primarily from its premium subscription service and a secondary ad-supported service. As of 2023, the company boasts 602 million monthly active users, with a significant portion of its revenue derived from subscriptions. Additionally, Spotify provides tools for artists to promote their music through advertising and social media integration.

Mitrionics

Series A in 2005
Mitrionics AB provides field programmable gate array (FPGA) based processing solutions for accelerated computing. It offers Mitrion Software Development Platform, which comprises Mitrion Virtual Processor that runs software written in the Mitrion-C programming language in FPGAs; Mitrion Software Development Kit, which enables the development of Mitrion-C applications for the Mitrion Virtual Processor; Mitrion SDK PE that is used to develop and simulate applications for the Mitrion Virtual Processor without having access to FPGA hardware; and Mitrion SDK XL, which adds bundled synthesis, and place and route software from Xilinx to provide a tool flow for creating configuration bit files for the target FPGA. The company also provides Mitrion-Accelerated BLAST that accelerates the BLAST-n nucleotide search program of the NCBI BLAST application; and hybrid computing servers, in-socket FPGA accelerators, and hybrid computing plug-in processors. In addition, it offers various services, such as on-site and on-line training, pre-study, proof-of-concept, application development, porting to new hardware platforms, and technical and coding support services. The company’s products are used in various applications, which comprise bioinformatics, genomics, image processing, digital signal processing, Internet data processing, business process optimization, financial computing, and information retrieval. Mitrionics AB was founded in 2001 and is based in Lund, Sweden with additional an office in Los Gatos, California.
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