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Top 10 Financial Services VC Funds & Investors in Iceland (June 2026)

The most active venture capital funds investing in Iceland Financial Services startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Iceland Financial Services startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Crowberry Capital
VC Fund
5 Iceland, Denmark, Finland Seed, Series A, Pre-Seed Software, Gaming, Health Care $1k–$17M
Preceptor Capital
VC Fund
3 Iceland, United States Seed, Series A FinTech, Computer, Software $2M–$6.1M
Karma Ventures
VC Fund
3 Estonia, United States, Finland Series A, Seed, Series B Software, Artificial Intelligence, FinTech $549k–$30M
byFounders
VC Fund
3 Denmark, United States, Sweden Seed, Pre-Seed, Series A Software, Artificial Intelligence, Health Care $800k–$64M
Iceland Venture Studio
VC Fund
1 Iceland, India, Israel Seed, Pre-Seed Software, Health Care, B2B $500k–$3M
Polaris
VC Fund
1 Iceland, Singapore, United States Debt Financing FinTech, Finance, Payments
Hof Holdings
VC Fund
1 Iceland Seed FinTech, Blockchain, Financial Services
Frumtak Ventures
VC Fund
1 Iceland, United States, United Kingdom Seed, Series A Software, Information Technology, SaaS $974k–$20M
Keen Venture Partners
VC Fund
1 The Netherlands, Germany, United States Series A, Seed, Series B Software, SaaS, Financial Services $1.3M–$45M
ConsenSys
VC Fund
1 United States, United Kingdom, Canada Seed, Series A, Pre-Seed Blockchain, Cryptocurrency, Software $200k–$30M
Access all 13 VC funds in Iceland Financial Services startups.

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Investor list

Crowberry Capital
VC Fund · Reykjavík, Gullbringusysla, Iceland · 5 investments in Iceland Financial Services startups

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

  • Industry: Software, Gaming, Health Care
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Iceland, Denmark, Finland

Investor stats

  • Total investments: 45
  • Round size: Seed $1.6M–$4.7M; Pre-Seed $1k–$1.3M; Series A $5.7M–$17M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Quanscient — We are building next generation simulation software-as-a-service utilizing Quantum computing algorithms. Our specialty domain of simulations is Computational Electromagnetics.
  • Hemi Health — Hemi Health is a Danish digital-first headache and migraine clinic specializing in diagnosis, personalized treatment, and care for headaches using technology like an app for symptom tracking and video consultations.
  • Porcelain Fortress — Porcelain Fortress was founded by a small band of romantics in the summer of 2016 in Reykjavik, Iceland.
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Preceptor Capital
VC Fund · 3 investments in Iceland Financial Services startups

Preceptor Capital is an investment firm.

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Investment focus

  • Industry: FinTech, Computer, Software
  • Stage:Seed, Series A
  • Geography: Iceland, United States

Investor stats

  • Total investments: 4
  • Round size: Seed $2M–$6.1M
  • Lead/follow: 0% lead, 100% follow

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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Karma Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 3 investments in Iceland Financial Services startups

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

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Series A, Seed, Series B
  • Geography: Estonia, United States, Finland

Investor stats

  • Total investments: 48
  • Round size: Seed $549k–$6.1M; Series A $4.4M–$16M; Series B $2.8M–$30M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — raised $106M in 2021

Portfolio highlights

  • Minut — Minut keeps your home safe and your neighbors happy while respecting your guests' privacy. Monitor noise and occupancy, secure your home, and enhance guest experience. Only Minut gives you the full insight you need to protect your homes, all in one single sensor.
  • Commsignia — Trust for the road ahead.
  • WunderGraph — Build supergraphs from any API across teams. Ship fast with governance and control. The complete open-source GraphQL Federation stack with Hub and Cosmo.
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byFounders
VC Fund · Copenhagen, Hovedstaden, Denmark · 3 investments in Iceland Financial Services startups, 11 in the past 12 months

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

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

Investor stats

  • Total investments: 98
  • Round size: Seed $1.5M–$7.6M; Pre-Seed $800k–$4.2M; Series A $6.1M–$64M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely still investing — raised $117M in 2021

Portfolio highlights

  • Flare — Flare builds infrastructure for a more internet by connecting real-world data with machine learning in a verifiable way.This combines human intelligence with advanced AI to improve the clarity and reliability of information.Its goal is to create a shared, high-quality knowledge foundation that helps people navigate information with confidence.
  • DataCrunch.io — DataCrunch is a cloud service provider which facilitates utilization and integration of state of the art AI/ML models
  • Spiral Hydrogen — Spiral Hydrogen's mission is to lower the price of green hydrogen below that of fossil hydrogen, so opening up an industry for decarbonization and making hydrogen transportation and heating commercially viable.
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Iceland Venture Studio
VC Fund · Reykjavík, Gullbringusysla, Iceland · 1 investments in Iceland Financial Services startups

We help people grow and build decentralized companies

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Investment focus

  • Industry: Software, Health Care, B2B
  • Stage:Seed, Pre-Seed
  • Geography: Iceland, India, Israel

Investor stats

  • Total investments: 12
  • Round size: Seed $500k–$3M; Pre-Seed $950k–$1M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — raised $5M in 2019

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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Polaris
VC Fund · Singapore, Central Region, Singapore · 1 investments in Iceland Financial Services startups

GB Helios is a one-stop financial institution trusted for factoring, property loans, equipment leasing, hire purchase and more. Fill the form to learn more.

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Investment focus

  • Industry: FinTech, Finance, Payments
  • Stage:Debt Financing
  • Geography: Iceland, Singapore, United States

Investor stats

  • Total investments: 3
  • Lead/follow: 67% lead, 33% follow

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 · 1 investments in Iceland Financial Services startups

Hof Holdings

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Investment focus

  • Industry: FinTech, Blockchain, Financial Services
  • Stage:Seed
  • Geography: Iceland

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Monerium — Making digital currency accessible, secure, and simple to transacts
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Frumtak Ventures
VC Fund · Reykjavík, Gullbringusysla, Iceland · 1 investments in Iceland Financial Services startups

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

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A
  • Geography: Iceland, United States, United Kingdom

Investor stats

  • Total investments: 37
  • Round size: Seed $974k–$4.7M; Series A $1.2M–$20M
  • Lead/follow: 70% lead, 30% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • PLAIO — PLAIO is a web-based SaaS platform intended to help generic pharmaceutical companies to digitize their demand, manufacturing, and purchase planning.PLAIO offers features like visual and capacity planning, advanced constraint/overhead calculations.
  • 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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Keen Venture Partners
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Iceland Financial Services startups

Keen Venture Partners is a radically human venture capital firm that invests in fast-growing European scale-ups at the Series A and Series B stages

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Investment focus

  • Industry: Software, SaaS, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: The Netherlands, Germany, United States

Investor stats

  • Total investments: 45
  • Round size: Seed $1.3M–$27M; Series A $5.5M–$30M; Series B $8.5M–$45M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — raised $140M in 2021

Portfolio highlights

  • Lendis — Lendis is revolutionizing the office industry with a digital office management service that lets you easily subscribe to electronics, software, furniture and services depending on your needs. Lendis takes the hassle out of managing offices and lets you focus on what is important: growth of your company.
  • Beekeeper — Beekeeper is the employee app built for frontline success. Connect frontline teams, boost engagement, and make every shift more productive.
  • Withlocals — Connecting travelers with locals through Food & Experiences. Over 2500 unique experiences with verified locals in more than 250 destinations.
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ConsenSys
VC Fund · Zug, Zug, Switzerland · 1 investments in Iceland Financial Services startups

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

  • Industry: Blockchain, Cryptocurrency, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 88
  • Round size: Seed $1.1M–$10M; Pre-Seed $200k–$2.7M; Series A $7.5M–$30M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Mesh
  • MYX — MYX is a decentralized derivative exchange that "uses intelligent rates and exposure hedging mechanisms to ensure protocol stability and provide sustainable high returns" through a peer-to-pool-to-peer paradigm.
  • Civil — A starter blog demonstrating what Gatsby can do.
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Financial Services VC funding in Iceland at a glance

Stats across 13 deals from 13 investors.

13
investors
in Iceland Financial Services startups
13
deals
in Iceland Financial Services startups
$1.2M
median round
in Iceland Financial Services startups
46%
lead investors
lead at least one round
38%
Grant
most common funding stage

Access all 13 VC funds in Iceland Financial Services startups.

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