byFounders

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Overview

byFounders is an early-stage venture capital firm that invests in Pre-Seed to Series A startups connected to the Nordic and Baltic regions with global ambitions.¹²⁴ It operates a community-powered model leveraging a Collective of experienced founders and operators to provide portfolio companies with operational expertise, mentorship, and a global network, while emphasizing impact-aware investing.¹⁴ The firm focuses on technology-driven companies across sectors like fintech, healthcare, SaaS, and greentech, supporting sustainable growth beyond regional borders.²³

History

byFounders was founded in 2017 by experienced Nordic and Baltic entrepreneurs turned investors, including Managing Partners Tommy Andersen and Eric Lagier.¹² The firm has managed multiple funds, raising €200m and completing over 30 early-stage deals with a focus on Pre-Seed to Series A investments.¹² Key milestones include building a portfolio of impact-aware startups and achieving exits to larger global platforms, leveraging its founder-LP community model.²

Reputation

byFounders is perceived as a founder-friendly VC firm in the Nordic and Baltic startup ecosystem, valued for its operator-led team and community support network that aids scaling.²⁵ Professionals highlight its regional expertise and impact focus as strengths, though its small team size limits deal volume compared to larger funds.¹² It maintains a positive reputation among early-stage founders for hands-on mentorship without criticisms noted in available sources.³

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