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Creandum

Stockholm, Sweden · Invests in Europe; UK; US · Website

SeedSeries APre-SeedConsumer Apps & SocialB2B SaaSAI & Machine LearningDeveloper ToolsFintechHealthcare & BiotechEnterprise SoftwareFintech & PaymentsClimate & Clean EnergyHealthcare & Digital HealthDeveloper Tools & InfrastructureHR Tech & Future of WorkLegal & RegtechRobotics & AutomationAerospace & Defense

Thesis

We back the companies of tomorrow before it's obvious. We combine early-stage European investing with a permanent San Francisco presence to help founders build category-defining global companies. We invest in ambitious technical founders who deeply understand industry transformation.

Likely not a fit for

Not interested in: copycats or incremental improvements, non-technical founding teams, companies without global ambitions, businesses dependent on regulatory arbitrage rather than true innovation

How they invest

Lead or follow
Usually leads
Typical decision
~2 weeks
Warm intro
Not required
Involvement
Takes a board seat
Fund status
Actively deploying
Assets under mgmt
$2B
Decision process
Partnership vote

Partners & team

7 contacts on file

KW

Katharina Wilhelm

PartnerPartner · Primary contact

+ Pitch

k•••@cr•••.com

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HB

Hanel Baveja

PartnerPartner

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h•••@cr•••.com

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CF

Carl Fritjofsson

PartnerPartner

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c•••@cr•••.com

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SH

Staffan Helgesson

General PartnerFounder & General Partner

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s•••@cr•••.com

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JB

Johan Brenner

General PartnerGeneral Partner

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j•••@cr•••.com

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FC

Fredrik Cassel

General PartnerGeneral Partner

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f•••@cr•••.com

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SS

Simon Schmincke

General PartnerGeneral Partner (Berlin)

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s•••@cr•••.com

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Portfolio

PleoFintech Payments

Pleo offers smarter spending solutions for businesses, providing tools to automate expense management and streamline financial processes.

iZettleFintech Payments

iZettle, now known as Zettle, offers a customizable point-of-sale system for easy selling across various customer touchpoints. It provides secure payment solutions and flexible hardware for business growth.

ModalEnterprise Software

Modal provides high-performance AI infrastructure designed for developers, enabling them to run inference, training, and batch processing with low latency and instant autoscaling.

TaxfixFintech Payments

Taxfix offers a digital platform for filing taxes easily and accurately, allowing users to complete their tax returns through a simple question-and-answer process or by using expert services from tax advisors.

KRYHealthcare Digital

KRY is Europe's leading digital-first healthcare provider, offering patients easy access to healthcare services through a combination of technology and a network of healthcare professionals.

SpotifyMedia Entertainment

Spotify is a leading global audio streaming service with millions of users and subscribers. It offers access to millions of songs and podcasts.

KlarnaEcommerce Marketplaces

Klarna is a global digital bank and flexible payments provider that empowers consumers to pay smarter through its AI-powered payments and commerce network. With over 114 million active users and a presence in 26 countries, Klarna offers innovative payment solutions for both consumers and merchants, partnering with over 850,000 retailers worldwide.

Trade RepublicFintech Payments

Trade Republic is a digital financial institution that empowers individuals to create wealth through easy, safe, and free access to the financial system. With over 10 million customers across 18 European countries, it offers a platform for investing in stocks, ETFs, crypto, and private markets, alongside banking services that include savings plans and a debit card with cashback rewards.

LovableEnterprise Software

Lovable is a retailer specializing in intimate apparel for both men and women. The company offers a wide range of products with promotions including sales of up to 50% off, secure payment options, and free shipping on orders over €75.

BoltEnterprise Software

Bolt is an all-in-one mobility app that provides a range of services including rides, scooters, e-bikes, and food delivery. The platform aims to make cities more accessible and sustainable by offering various transportation options for users and businesses alike.

DepopEcommerce Marketplaces

Depop is a peer-to-peer circular fashion marketplace that allows users to buy, sell, and discover secondhand fashion. Founded in 2011, it has grown into a vibrant community of over 56 million registered users, making secondhand shopping a mainstream choice for expressing personal style and promoting sustainability.

Epidemic SoundMedia Entertainment

Epidemic Sound is the world’s leading soundtracking platform, transforming the soundtracking experience for global brands and professional creators. With an expansive catalog of world-class music and sound effects, they empower creators to enhance their storytelling through a direct licensing model that includes all rights.

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Research briefRead more
Creandum Research Document Investment Thesis Creandum backs the companies of tomorrow before it's obvious. Founded in 2003 by Staffan Helgesson, the firm combines early-stage European investing with a permanent San Francisco presence to help founders build category-defining global companies. The firm operates with a flat partnership structure where all nine partners have equal carry, equal votes,

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