About Vendep Capital
Vendep Capital is a venture capital firm founded in 2013. It is primarily based out of Espoo, Finland. As of Jun 2026, Vendep Capital is an active investor, having invested in 50 companies, with 4 new investments in the last 12 months. It primarily invests in Seed round in Finland based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Retail. Most recently it participated in the $***** Seed round of GitHits Overall, Vendep Capital portfolio has seen 1 unicorn and 4 acquisitions including key companies like AlphaSense, Uploadcare and Woomio. A lot of funds co-invest with Vendep Capital, with names like Businessfinland sharing a substantial percentage of its portfolio. Vendep Capital has team of 5 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Vendep Capital's List of Top Investments
Vendep Capital has a portfolio of 50 companies, one of which is a Unicorn. Their most notable investments are in Test Of Things and Hostaway.Their portfolio spans across Finland, United States, Denmark and 3 more locations. They have invested in Enterprise Applications, High Tech, Retail and 13 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Vendep Capital:
1. AlphaSense
AI powered market intelligence and search platform. It collects finance data from SEC filings, broker research, conference call transcripts, investor relation presentations, and more. It offers equity research reports on different sectors, companies, and industries. Its features include AI chat assistant, competitor monitoring, summaries, collaboration, analytics, and more. It caters its solutions to industries such as finance, life science, telecom, and more.
Key facts about AlphaSense
- Founded Year: 2011
- Location: New York (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $1.74B
- Employee Count: 3,265 as on Jun 30, 2026
- Investors: CapitalG, Vitruvian Partners and 41 Others
- Latest Funding Round: Series F, Jun 03, 2026, $*****
- Highlight: Editors' Pick
2. Hostaway
Cloud-based vacation rental management software. The software consists of a property management system, channel manager to enable clients to manage listings on online distribution channels, and a booking engine with integrated payment gateways to enable users to take real-time bookings directly on the website.
Key facts about Hostaway
- Founded Year: 2015
- Location: Helsinki (Finland)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $543M
- Employee Count: 377 as on Jun 30, 2026
- Investors: General Atlantic, Vendep Capital and 5 Others
- Latest Funding Round: Series B, Dec 17, 2024, $*****
- Highlight: Editors' Pick
Cloud based platform for local marketing. The platform provides clients with insights and tools to manage social media, maintain brand integrity, improve brand reputation, and more. It enables clients to drive awareness across local communities by scheduling localized posts, managing conversations, and advertising to local customers. It enables clients to organize content for markets and locations.
Key facts about PromoRepublic
- Founded Year: 2013
- Location: Palo Alto (United States)
- Stage: Seed
- Total Funding till date: $5.66M
- Employee Count: 53 as on Jun 30, 2026
- Investors: Vendep Capital, Howzat Partners and 17 Others
- Latest Funding Round: Seed, Jun 30, 2022, $*****
- Highlight: Editors' Pick
4. Inven
AI-based financial data platform for M&A professionals to find acquisition targets companies. It simplifies transaction sourcing efforts, and the platform provides deep company details, from ownership to financials. The search features assist M&A professionals locate targets. Users can able to find prospective middle-market businesses rapidly because of the extensive database and search features that create a solid pipeline of potential deals. The platform supports deal-sourcing efforts and optimizes to build lists of buyers, sellers, and potential add-on targets.
Key facts about Inven
- Founded Year: 2022
- Location: Helsinki (Finland)
- Annual Revenue: €0 - €1M as on Dec 31, 2023
- Stage: Series A
- Total Funding till date: $14.4M
- Employee Count: 98 as on Jun 30, 2026
- Investors: Lifeline Ventures, Vendep Capital and 5 Others
- Latest Funding Round: Series A, May 28, 2025, $*****
5. Happeo
Happeo, rebranded from Universe, is an enterprise social networking solution. Enables teams to collaborate across departments and locations, co-create content, post messages, send reminders, share files, comment and like, tag users and share and discuss ideas. Offers a mobile platform for teams to receive notifications and updates. Supports integration with G-Suite, Twitter, RSS and Slack and provides features such as organization chart and contact directory. Application is available on Google Play Store and Apple App Store. Clientele includes EMU, Trimble, Randstad and Rovio.
Key facts about Happeo
- Founded Year: 2016
- Location: Helsinki (Finland)
- Stage: Series B
- Total Funding till date: $48.7M
- Employee Count: 67 as on Jun 30, 2026
- Investors: Evli Growth Partners, Vendep Capital and 6 Others
- Latest Funding Round: Series B, Jul 07, 2022, $*****
- Highlight: Editors' Pick
Vendep Capital's Year-on-Year Investment Trends
Vendep Capital has invested in 50 companies over the last 12 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 4 investments, while as of Jun 2026, it has made 3 investments in this year. Its most recent first time investment was in GitHits and most recent follow-on round was in HappySignals.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 0 | 3 |
2025 | 4 | 0 | 4 |
2024 | 4 | 1 | 5 |
2023 | 5 | 0 | 5 |
2022 | 1 | 2 | 3 |
2021 | 2 | 1 | 3 |
2020 | 1 | 3 | 4 |
2019 | 4 | 1 | 5 |
2018 | 2 | 0 | 2 |
2017 | 2 | 0 | 2 |
Vendep Capital's Investments by Stage
Vendep Capital has made 28 investments in Seed stage with an average round size of $2.15M, 10 investments in Series A stage with an average round size of $5.73M and 1 investment in Unattributed stage.Stage of entry | No. of Investments |
|---|---|
Seed | 28 |
Series A | 10 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
Vendep Capital's Investments by Sector
Vendep Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, Consumer, High Tech and Enterprise Infrastructure. Notably, it has invested in 45 Tech companies, 41 Enterprise (B2B) companies, 41 Software companies and at least 32 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 31 |
Vertical SaaS | 8 |
Consumer | 5 |
High Tech | 5 |
Enterprise Infrastructure | 4 |
Others | 24 |
Note: We have considered here, only first round of investments
Vendep Capital's Investments by Geography
Vendep Capital has made most investments in Finland (23), followed by Denmark where it has made 6 investments.Country | No. of Investments |
|---|---|
Finland | 23 |
Denmark | 6 |
United States | 5 |
Sweden | 2 |
Canada | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Vendep Capital's recent investments
Vendep Capital has made 3 investments in 2026 so far. GitHits and Test Of Things are the latest among them.Here are the most recent investments by Vendep Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 16, 2026 | United States | Seed | 9975 | [+3] | |
Mar 31, 2026 | Finland | Seed | 3918 | ||
Jan 23, 2026 | Finland | Series A | 8885 | [+2] | |
Dec 01, 2025 | Denmark | Seed | 2277 | [+4] | |
May 28, 2025 | Finland | Series A | 7478 | [+3] |
Unicorns in Vendep Capital's Portfolio
Vendep Capital has 1 unicorn in its portfolio - AlphaSense. The most recent unicorn in their portfolio is AlphaSense which became a unicorn in 2022, 4 years before Vendep Capital first invested in it.Here is a list of unicorns in Vendep Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
74 | AI powered market intelligence and search platform | 2011 | New York | Series F | yyhsjns |
Acquired companies in Vendep Capital's Portfolio
4 companies from Vendep Capital's portfolio have been acquired. The most recent acquisition was Surveypal in Jul 2025 by Volaris Group for $*****.Here are Vendep Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 14, 2025 | Mar 12, 2015 | Seed | 2867 | |
Dec 17, 2024 | Feb 04, 2023 | Series A | 2739 | |
Nov 28, 2024 | Mar 24, 2014 | Seed | 3304 | |
Jan 16, 2024 | Nov 12, 2019 | Seed | 8217 |
Team profile of Vendep Capital
Vendep Capital has a team of 5 members including 3 Partners and 1 Principal located in Finland. Vendep Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Vendep Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Helsinki | - | ||
Partner | Helsinki | - | ||
Partner | Espoo | - | ||
Principal | Helsinki | - |
Co-investors of Vendep Capital
Over the past 12 years, 85 investors have co-invested in Vendep Capital's portfolio companies. This includes funds and angels.
- Invested before Vendep Capital: Businessfinland, Sontek and 20 others have invested in rounds before Vendep Capital. There are 2 companies where Businessfinland has invested before Vendep Capital and 1 company where Sontek has invested before Vendep Capital.
- Top Co-investors of Vendep Capital: 41 investors entered a company along with Vendep Capital. These include investors like Businessfinland (5 companies).
- Invested after Vendep Capital: A total of 22 investors have invested in Vendep Capital's portfolio after their investments. Top Investors include Endeit Capital (2 companies), Nauta Capital (2 companies) and PSG (1 company).
Recent News related to Vendep Capital
•
Finland's GitHits Secures €1.5 Million in Pre-Seed Funding Led by Vendep CapitalStartup Rise EU•Jun 17, 2026•Vendep Capital
•
•
Finland's Top 10 VCs Drive €1.5B Startup SurgeTech Funding News•Jan 26, 2026•Kvanted, Businessfinland, Voima Ventures, Maki and 2 others
•
Agileday Raises €6.4M in Series A FundingFinSMEs•Jan 23, 2026•Agileday, Finpro, Specialist, Newion and 1 other
•
•
•
Inven Raises $12.75M in Series A FundingFinSMEs•May 28, 2025•Inven, Vendep Capital, Lifeline Ventures, Ventech
•
Malmo-based Bookboost Raises €3.6m To Help Hotels Improve Guest Communication And EngagementSilicon Canals•Mar 04, 2025•Bookboost, Vendep Capital
•
•
Seed Funds for Real-Time Behavioral Data Firm BehavixMrWeb•Feb 20, 2025•Behavix, Vendep Capital, Superhero Capital
