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Top 10 Financial Services Startup Investors in Iceland in January 2026

A list of 10 angel investors and VC (Venture Capital) funds that invest in Financial services startups based in Iceland. We rank investors based on the number of investments they made in Financial services companies from Iceland. We update this investor list every month.

Top 10 Financial Services Startup Investors in Iceland in January 2026

Investor Financial Services Iceland investments
Crowberry Capital 5
byFounders 3
Karma Ventures 3
Preceptor Capital 3
Frumtak Ventures 1
Magnús Steinarr Norðdahl 1
Polaris 1
Hof Holdings 1
Iceland Venture Studio 1
ConsenSys 1

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Investor list
Crowberry Capital
VC Fund · Reykjavík, Gullbringusysla, Iceland

Crowberry Capital invests at seed and early stage in emerging technology ventures in the Nordics. Our mission is to back people that are good for companies and build companies that are good for people. We have a strong follow-through philosophy and commit to putting your company first.

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Investment focus

  • Software, Gaming, Health Care
  • Seed, Series A, Pre-Seed
  • Iceland, Denmark, Finland

Portfolio highlights

  • Tiimo — Tiimo helps you manage your daily life and improve your wellbeing. Visualize your day. Improve your routines. Stress less.
  • Quanscient — We are building next generation simulation software-as-a-service utilizing Quantum computing algorithms. Our specialty domain of simulations is Computational Electromagnetics.
  • Porcelain Fortress — Porcelain Fortress was founded by a small band of romantics in the summer of 2016 in Reykjavik, Iceland.
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byFounders
VC Fund · Copenhagen, Hovedstaden, Denmark

byFounders is the community-powered early-stage venture fund investing in globally ambitious teams connected to the Nordic and Baltic countries. With its unique Collective of founders and operators, byFounders offers its portfolio operational expertise and a global network. Believing in the power of tech to shape our future, byFounders takes an impact-aware approach to investing and working with the broader startup ecosystem.

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Investment focus

  • Software, Artificial Intelligence, Health Care
  • Seed, Pre-Seed, Series A
  • Denmark, United States, Sweden

Portfolio highlights

  • Sumary — Sumary is a finance-tech company that offers an AI-powered reporting, budgeting & forecasting for e-conomic.
  • Digitail — Grow your practice, offer a modern client experience, and automate routine practice tasks with the proven all-in-one veterinary software.
  • DataCrunch.io — DataCrunch is a cloud service provider which facilitates utilization and integration of state of the art AI/ML models
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Karma Ventures
VC Fund · Tallinn, Harjumaa, Estonia

karma.vc is an early stage venture capital fund focusing on seed and early stage technology companies in Europe.

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Investment focus

  • Software, Artificial Intelligence, Information Technology
  • Series A, Seed, Series B
  • Estonia, United States, Sweden

Portfolio highlights

  • Swarmia — Build better software faster with insights that power your whole engineering organization. Get started with a demo or a free 14-day trial.
  • Druid AI — DRUID is an AI platform that allows companies to automate processes by designing and deploying UiPath RPA integrated chatbot virtual assistants.
  • Starship Technologies — The future of delivery - today!
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Preceptor Capital
VC Fund

Preceptor Capital is an investment firm.

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Investment focus

  • FinTech, Computer, Software
  • Seed, Series A
  • Iceland, United States

Portfolio highlights

  • Anonybit — Revolutionize identity management with Anonybit! Unmatched privacy, strong authentication, and secure solutions for a safer digital world.
  • Lucinity — Money laundering is the crime that fuels crime. Lucinity's mission is to Make Money Good® by combining the best of human and artificial intelligence. Lucinity uses Human AI to help banks fight financial crime more efficiently. By designing its AML platform around man and machine, Lucinity allows banks to increase their AML programs'productivity.Lucinity identifies suspicious activity through its proprietary behavior detection system. The approach is entirely risk-based and allows customers to control their risk exposure before efficiently reviewing AML alerts in the Lucinity Case Manager.The company was founded by industry veterans. The core team has experience from Tier-1 banks, international regulators, and leading legacy vendors. Lucinity takes great pride in being the enterprise-ready AML startup that brings the novelty and excitement of a startup and the professionalism and experience of an incumbent.
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Frumtak Ventures
VC Fund · Reykjavík, Gullbringusysla, Iceland

At Frumtak Ventures, we champion founders who have demonstrated early traction and have potential to become global leaders in their space. We take a concentrated, high-conviction, and high-involvement approach to investing and dedicate ourselves to collaboratively work with our portfolio companies from the seed stage through IPO. Our initialticket size usually ranges from €1 million to €3 million.

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Investment focus

  • Software, Information Technology, Enterprise Software
  • Seed, Funding Round, Series A
  • Iceland, United States, United Kingdom

Portfolio highlights

  • PLAIO — The only AI-assisted decision-making platform developed for pharmaceutical supply chain planning
  • Moombix — Join us for the launch of our advanced learning platform for online music lessons
  • Treble — We develop next generation sound simulation and spatial audio technology for digital twins and virtual worlds.
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Magnús Steinarr Norðdahl
Angel

Magnús Steinarr Norðdahl is a individual investor.

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Investment focus

  • FinTech, Finance, Payments
  • Funding Round
  • Iceland

Portfolio highlights

  • Memento Payments — Easily embed cards into your application or deploy a new & extendable card application in your brand
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Polaris
VC Fund · Singapore, Central Region, Singapore

Polaris is a launchpad for businesses aspiring to accelerate their growth. Polaris offers our partners the opportunity to enhance their value by co-creating financial solutions that leads to additional revenue streams and financial sustainability.

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Investment focus

  • FinTech, Finance, Payments
  • Funding Round, Debt Financing
  • Iceland, Singapore, United States

Portfolio highlights

  • Eezee — Singapore’s first & largest industrial marketplace that connects local suppliers to corporate clients, leveraging technology to help both parties make informed decisions.The company offers a secure platform for buyers and sellers to transact.Our aim is to improve the efficiency of business to business (B2B) transactions. We do this byensuring that the process of selecting and purchasing your supplies becomes quicker, more convenient and transparent. We support local suppliers in establishing their presence online, enabling them to be discovered by corporate organisations.
  • Memento Payments — Easily embed cards into your application or deploy a new & extendable card application in your brand
  • Zero Motorcycles — Manufacturer of 100% electric motorcycles for the street and dirt.
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Hof Holdings
VC Fund

Hof Holdings

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Investment focus

  • FinTech, Blockchain, Financial Services
  • Seed
  • Iceland

Portfolio highlights

  • Monerium — Making digital currency accessible, secure, and simple to transacts
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Iceland Venture Studio
VC Fund · Reykjavík, Gullbringusysla, Iceland

We help people grow and build decentralized companies

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Investment focus

  • Health Care, Software, B2B
  • Seed, Pre-Seed, Funding Round
  • Iceland, India, Israel

Portfolio highlights

  • Soptle — Founded in Sep 2021, Soptle started to establish an integrated technology to the neglected regional FMCG Manufacturers in India with a B2B Retail Commmerce App. It uses tech and data to distribute at scale and use necessary components (existing Distributor/Wholesaler) in the FMCG Supply Chain to build a high growth and profitable business.
  • Expertrons — Expertrons is an upskilling platform that offers advanced training programs | BSFI | HR | Marketing and many more to assure 100% professional success.
  • Nanom — Greenvolt Nano creates nano-enhanced materials for use in battery technology. It provides a pathway to clean, inexpensive, and renewable energy sources while reducing environmental toxicity. And makes products smarter, efficient, and longer lasting. It is founded in 2017.
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ConsenSys
VC Fund · Zug, Zug, Switzerland

Build next-generation apps, launch blockchain-based financial infrastructure, and access the decentralized web with ConsenSys' Ethereum product suite.

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Investment focus

  • Blockchain, Cryptocurrency, Software
  • Seed, Series A, Pre-Seed
  • United States, United Kingdom, Canada

Portfolio highlights

  • Civil — A starter blog demonstrating what Gatsby can do.
  • Trustology — FCA registered & award-winning custodian Trustology safeguards & administers cryptoassets across blockchains, exchanges & DeFi protocols for institutions.
  • SharpLink — SharpLink is an online technology company that works with sports leagues, fantasy sports sites, and sports media companies.
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