Byfounders

byFounders is a community-powered venture capital firm established in 2017, focusing on early-stage technology companies. The firm primarily invests in globally ambitious and impact-aware founders, particularly those connected to the Nordic and Baltic regions. They are known for their founder-friendly terms and a commitment to fostering transparent relationships with the entrepreneurs they support. Their investment strategy centers on backing software-driven businesses across various sectors, aiming to solve pressing global challenges.

The firm was co-founded by Eric Lagier and Tommy Andersen in 2017, with a vision to create a unique fund that leverages the collective experience of successful founders. byFounders operates with a core team of experienced investors and operators, complemented by the 'byFounders Collective.' This collective comprises over 40 accomplished Nordic and Baltic founders and operators who provide mentorship, operational support, and a world-class network to portfolio companies, acting as both advisors and limited partners in the fund.

byFounders invests across Pre-Seed, Seed, and Series A stages, with an average ticket size ranging from EUR 500K to 4 million. Their portfolio includes companies like Flare, Tangled, Intric, and Willo, demonstrating investments in areas such as trust infrastructure, AI for software development, AI for public agencies, and wireless power solutions. Notable past investments also include AeroGuest, Contractbook, and Corti. The firm actively seeks companies that contribute positively to the world, balancing financial returns with responsible and impact-aware investing.

The investment team at byFounders brings diverse expertise, with members like Casper Bjarnason focusing on climate tech and fintech, Deina Kellezi on AI in healthcare and complex workflows, Johan Jessen on robotics and biotech, and Magnus Hambleton on DeepTech, HealthTech, AI/ML, and Dev Tooling. Founding Partner Eric Lagier has extensive operational experience from Silicon Valley and Scandinavia, including roles at Skype and Tradeshift. The team's collective background in founding, scaling, and advising startups provides comprehensive support to their portfolio companies.