Vendep Capital

Vendep Capital is a Finland-based early-stage venture capital firm that concentrates on pre-series A technology companies across Europe. It specializes in B2B software-as-a-service and B2B marketplaces, with a regional focus on the Nordics and Baltics. The firm supports founders with its SaaS expertise and global networks to accelerate growth, and its initial investments typically range from 0.1 to 3 million euros depending on the company’s stage.

Samuli Aheristo

Investment Analyst

Sami Ahvenniemi

General Partner

Artis Bisers

Investment Associate

Janiina Lammi

Investment Director

Sakari Pihlava

General Partner

Past deals in Nordic Europe

Bookboost

Venture Round in 2025
Bookboost provides a guest communication and direct-booking platform for hotels. The platform helps properties run bookings on their own websites, reducing dependence on external booking sites. It offers tools for messaging and guest engagement across channels, automating routine conversations and assisting staff with guest interactions. The solution supports a contactless guest journey from reservation to check-out and enables guests to access services from their phones. In addition to completing bookings, it helps guests discover and compare travel options such as hotels, flights, transportation costs, and local events, while enabling hoteliers to build personalized relationships. The system functions as a modern multi-channel customer relationship management tool that streamlines operations, improves marketing effectiveness, and enhances guest satisfaction across domestic and international stays.

Claimlane

Seed Round in 2024
Claimlane is a Danish startup founded by a team comprising a fashion wholesaler, IT specialists, and a surfer. Based in Copenhagen, the company aims to streamline the handling of product complaints within the fashion industry. Their platform enables retailers and brands to swiftly resolve claims related to faulty goods, repairs, warranties, and returns, thereby enhancing customer satisfaction.

Logical Clocks AB

Series B in 2023
Founded in 2016, Logical Clocks AB develops and provides a data platform. It offers Hops Enterprise Services, utilizing deep learning, stream processing, and SQL on hops, along with Hopsworks Enterprise, an on-premise data management and data science platform.

Leadfeeder

Series A in 2019
Leadfeeder Inc. is a company based in Helsinki, Finland, that specializes in web analytics technology, particularly for B2B businesses. Founded in 2012, Leadfeeder offers a tool designed to help organizations identify their website visitors and convert them into potential sales leads. By integrating with Google Analytics through an API, Leadfeeder provides insights into the companies that visit a website, including the specific pages they viewed and how they were referred. This data allows businesses to identify promising leads, which can then be forwarded to sales teams or integrated directly into customer relationship management (CRM) systems.

Hostaway

Seed Round in 2018
Hostaway is a technology company that provides a cloud-based platform for property management, focusing on vacation rentals and hospitality. Its software helps managers oversee bookings, communicate with guests, and generate financial reporting, while integrating with multiple listing sites to synchronize calendars and price points across sales channels. The platform creates and manages listings across channels, enables booking approvals, and supports channel-specific pricing to optimize occupancy and revenue. Customers can use the platform to increase bookings, streamline operations, and expand their client base by reaching additional distribution channels. Founded in 2015 and headquartered in Helsinki, the company serves vacation rental operators and hospitality businesses seeking an integrated solution to manage properties, listings, and guest interactions through a centralized system.

Giosg.com

Venture Round in 2018
Giosg.com Ltd is a company that specializes in providing online tools for real-time customer analysis and communication. Founded in 2011 and headquartered in Helsinki, Finland, Giosg.com offers a suite of services that includes designer tools, CSS editors, and custom JavaScript for website customization. The company's solutions enable businesses to analyze website visitors' behavior in real-time and assess the potential value of each visitor. By allowing users to set up rules and build workflows, Giosg.com helps businesses effectively target the right visitors at the right moment. The company serves a diverse range of industries, including banking and insurance, automotive, real estate, e-commerce, telecommunications, retail, and travel. In addition to its headquarters, Giosg.com has offices in London, Stockholm, Oslo, and Tampere.

Utopia Analytics

Venture Round in 2017
Utopia Analytics Oy, founded in 2014 and based in Helsinki, Finland, specializes in developing text analytics software that offers fully automated, real-time moderation. The company utilizes a scalable SaaS language service powered by artificial intelligence and machine learning to process, analyze, and visualize large volumes of unstructured text in any language. Its AI Moderator technology facilitates the real-time moderation of user-generated content, automatically identifying, flagging, and removing unwanted or dubious material from online discussions, social media posts, and peer-to-peer commerce platforms. With a team composed of experts in text analytics, artificial intelligence, and software development, Utopia Analytics aims to transform the management and utilization of user-generated content.

Leadfeeder

Seed Round in 2017
Leadfeeder Inc. is a company based in Helsinki, Finland, that specializes in web analytics technology, particularly for B2B businesses. Founded in 2012, Leadfeeder offers a tool designed to help organizations identify their website visitors and convert them into potential sales leads. By integrating with Google Analytics through an API, Leadfeeder provides insights into the companies that visit a website, including the specific pages they viewed and how they were referred. This data allows businesses to identify promising leads, which can then be forwarded to sales teams or integrated directly into customer relationship management (CRM) systems.

EzyInsights

Venture Round in 2016
EzyInsights is a content discovery platform for publishers and content providers that enables real-time identification and tracking of engaging content. The platform functions as a social media analytics tool that operates from users' web browsers, helping publishing businesses search content, drive traffic, detect plagiarism, and benchmark performance against competitors. By providing analytics and insights, EzyInsights aims to save time, grow audience reach, and increase engagement. The company was launched in 2012 and is based in Helsinki, Finland.

Leadfeeder

Seed Round in 2016
Leadfeeder Inc. is a company based in Helsinki, Finland, that specializes in web analytics technology, particularly for B2B businesses. Founded in 2012, Leadfeeder offers a tool designed to help organizations identify their website visitors and convert them into potential sales leads. By integrating with Google Analytics through an API, Leadfeeder provides insights into the companies that visit a website, including the specific pages they viewed and how they were referred. This data allows businesses to identify promising leads, which can then be forwarded to sales teams or integrated directly into customer relationship management (CRM) systems.

Sumoware

Venture Round in 2015
Sumoware Ltd. is a Helsinki-based company that specializes in cloud-based creative applications and games. Founded in 2014, it offers a range of products designed to enhance artistic expression and creativity. Notable offerings include Sumo Paint, an online drawing tool with over 30 million unique users, and Sumo.fm, a community platform for sharing artwork and connecting with other art enthusiasts. The company also provides Sumo Shot, a photo editing tool, and Sumo Script, a scripting language that empowers users to develop or remix applications. Additionally, Sumoware's technology can be adapted for iOS, Android, and Windows mobile platforms, and it licenses its innovations to other businesses. With a focus on serving both local and international customers, Sumoware continues to expand its portfolio, including the upcoming SumoSchool platform.

Zoined

Pre Seed Round in 2015
Zoined is a Finnish company established in 2011 that specializes in providing reporting and analytics solutions for merchants across various sectors, including fashion, specialty retail, food retail, coffee shops, and restaurants. The platform allows users at different organizational levels, from management to store managers, to access performance insights without the need for extensive IT projects. Zoined's cloud-based service automatically extracts data from merchants' point of sale and other systems, identifying trends and generating updates on key metrics such as sales, inventory, and staff performance. Users can receive daily, weekly, and monthly reports via email or through a browser-based interface compatible with both desktop and mobile devices. The platform also offers customizable features, enabling users to filter and group data, create unique views, and visualize information through charts and graphs. This comprehensive analytics tool aids businesses in understanding customer behavior, identifying target markets, forecasting demand, and optimizing product assortment for cross-selling and up-selling opportunities.

VividWorks

Venture Round in 2014
VividWorks Ltd. is a provider of online 3D design-to-purchase SaaS platform solutions, focusing on visual customization for furniture manufacturers and retail chains primarily across Finland, Sweden, Norway, Denmark, Estonia, Poland, and Italy. Established in 2006 and headquartered in Oulu, Finland, with additional offices in Helsinki, Palo Alto, Tokyo, and Copenhagen, VividWorks specializes in 3D visualization technology that enhances product visibility and streamlines the sales process. Its flagship offering, VividPlatform, is a web-based tool that allows sales personnel and customers to intuitively design products and interiors. Key features of the platform include ProductComposer for product configuration, InteriorPlanner for interactive design, VividAR for incorporating virtual objects into real-life photos, and SalesConnection for seamless integration with existing sales systems. By providing these tools, VividWorks aims to reduce errors and improve sales conversion rates for its clients.
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