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Top 30 Fitness Startup Investors in Finland

Last updated: Apr 2024 A list of 30 angel investors and VC funds that invest in Fitness startups based in Finland. We rank investors based on the number of investments they made in Fitness companies from Finland. We update this investor list every month.

Top 30 Fitness Startup Investors in Finland

Investor	Fitness Finland investments
Inventure	3
Gorilla Capital	2
Finnvera Venture Capital	2
Martti Suomela	1
Wellington Partners	1
Reima Linnanvirta	1
Charles Plowden	1
Torsti Tenhunen	1
Ilari Kallio	1
Fabian Sepulveda	1
Teemu Takala	1
Innovestor	1
Mahesh Kumar	1
Paul Polman	1
Michael Widenius	1
Stefan Lindberg	1
Shamma Raghib	1
Sebastian Laine	1
Katja Toropainen	1
Point Nine	1
Sami Inkinen	1
Butterfly Ventures	1
NGP Capital	1
Visionplus	1
K5 Global	1
SanomaVentures	1
Verdane	1
Conor Venture Partners	1
James Corden	1
Business Finland	1

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Investor list

Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more.

Investment focus

Software, Information Technology, Mobile
Seed, Series A, Series B
Finland, Sweden, Denmark

Portfolio highlights

Leya AI — Feel and sound like an English native in 3 months
UltiHash — Data powers breakthroughs. UltiHash is the storage foundation to accelerate them: blazing fast, highly efficient, and built for sustainable long-term growth.
Reveel — Say goodbye to paper maps, brochures, and outdated audio guides. Reveel offers digital solutions for destinations such as UNESCO sites, sights, museums, cities, hotels and parks, taking the visitor experience to the next level. Become part of the smart destination movement, enhance the visitor experience, and discover the future of travel.

Gorilla Capital invests in early stage Finnish, Swedish, Danish and Estonian technology companies

Investment focus

Software, Information Technology, SaaS
Pre-Seed, Seed, Series A
Finland, Estonia, Sweden

Portfolio highlights

Kwizie — Kwizie transforms passive video consumption into fun multiplayer quiz games with AI. Share a QR code or link to anyone, anywhere, in seconds!
Xiphera — Xiphera is a Finnish company designing hardware-based security solutions using standardised cryptographic algorithms.
Jungle AI — Jungle uses artificial intelligence to predict component failure, and poor performance in an advanced asset management software.

Finnvera makes direct investments in early-stage enterprises through Seed Fund Vera Ltd. Finnvera's goal is to cover shortcomings existing on the market between product development funding and private equity investments. Finnvera does not compete with private financiers; instead, it strives to supplement the financial market.Finnvera'sinvestments enable, start and accelerate growth and internationalisation among investment targets. Enterprises are developed to make them attractive targets for further financing by other investors and industrial actors. Investments are made in technology enterprises at an early stage and in technology-intensive or innovative service enterprises that have potential for developing into international growth enterprises.Finnvera is also known as a specialised financing company owned by the State of Finland. It provides its clients with loans, guarantees, venture capital investments and export credit guarantees.

Investment focus

Software, Health Care, Information Technology
Seed, Funding Round, Series A
Finland, United States, Switzerland

Portfolio highlights

Enfuce — Enfuce is a cloud-based financial services provider that specializes in card issuing and payment processing services. It helps banks, fintech, and financial institutions become and remain fully PSD2 compliant, and helps them give third-party service providers access to digital accounts.The company was founded in 2016 and is headquartered inEspoo, Finland.
Nordcloud — Nordcloud is a European leader in public cloud infrastructure solutions and cloud-native application services. Since 2011 we have completed more than 500 deployments to help our enterprise customers gain the maximum benefits of the cloud, including security, agility, scalability and overall cost-savings.
Aurealis Pharma — Multi-target cell and gene therapies for unmet medical needs. Developing therapies for chronic wounds, cancer and inflammatory diseases.

Martti Suomela - Co-Founder & Partner @ Kodit.io

Investment focus

Fitness, Software, Wellness
Pre-Seed
Finland

Portfolio highlights

StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities

Wellington Partners is a venture capital firm that invests in technology and life sciences companies, focusing on Digital Media, Software, Electronics & Photonics, Resource Efficiency, and Biotech/Life Sciences. It is committed to providing outstanding entrepreneurs with the necessary resources to fund their strategies. We typically leadfinancing rounds ranging from € 0.5 million to € 20 million. Depending on the maturity of the company, its own commitment can go as high as € 15 million.Wellington was established in 1998 and has offices in Munich, London, and Zurich.

Investment focus

Health Care, Biotechnology, Medical
Series A, Series B, Funding Round
Germany, United States, United Kingdom

Portfolio highlights

Nosto — Smarter commerce experience management with AI-fueled personalization, merchandising, and site search
Minervax — MinervaX is pursuing the development of a vaccine against Group B streptococcus (GBS) infections by utilizing a particular fusion protein : click to read more
Seamless Therapeutics — Seamless Therapeutics is changing the paradigm of gene editing through a pioneering approach to restore health in patients with severe conditions in a safe and precise manner. Seamless technology platform unlocks the reprogramming of recombinases, a highly versatile class of enzymes.

Angel investor and board professional with a passion on helping startups and growth companies to fulfil their true potential.

Investment focus

Software, Fitness, Wellness
Pre-Seed, Seed
Finland

Portfolio highlights

Wudpecker — Start the meeting prepared. End the meeting with perfect notes. Share it to every stakeholder. All in a seamless experience with Wudpecker.
StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities
Fiksuvuokraus.fi — Fiksuvuokraus.fi is an apartment renting platform for long-term contracts. In our service, the rental process is simplified and accelerated with the latest technologies that are primarily used only for apartment selling. We think that also rental apartments deserve to be found with modern tools.

Charles Plowden is a Retired considering options at Baillie Gifford.

Investment focus

Apps, Mobile, Content
Funding Round
Finland

Portfolio highlights

Hintsa — Discover a better you, with methods proven in Formula 1 and Fortune 500.

See https://www.linkedin.com/in/ttenhunen/

Investment focus

Fitness, Software, Wellness
Pre-Seed
Finland

Portfolio highlights

StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities

Ilari Kallio

Investment focus

Fitness, Software, Wellness
Pre-Seed
Finland

Portfolio highlights

StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities

Fabian Sepulveda

Investment focus

Fitness, Software, Wellness
Pre-Seed
Finland

Portfolio highlights

StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities

Teemu Takala

Investment focus

Fitness, Software, Wellness
Pre-Seed
Finland

Portfolio highlights

StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities

Welcome to Innovestor! We are a Finnish investment company focusing on venture capital, corporate venturing services, and real estate.

Investment focus

Health Care, Software, Manufacturing
Seed, Funding Round, Series A
Finland, Denmark, Sweden

Portfolio highlights

Capalo AI — We maximize the value of your energy storage systems. Now and in the future.
Kausal — Kausal helps cities turn their climate goals into action through a digital platform that enables smarter collaboration around key data.
Teitur Trophics — Teitur Trophics is a biotech company developing circular peptides for neurodegenerative diseases. The company was founded in 2020 and is headquartered in Aarhus, Denmark.

Mahesh Kumar

Investment focus

Fitness, Software, Wellness
Pre-Seed
Finland

Portfolio highlights

StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities

Paul Polman was elected to the Dow Board of Directors in February 2010, and serves on the Environment, Health, Safety and Technology Committee.Unilever PLC and Unilever N.V. – Chief Executive Officer, January 2009 to date. Nestlé S.A. – Executive Vice President of Americas, January 2008-September 2008; Chief Financial Officer 2006-2008. TheProcter & Gamble Company (a provider of consumer, pharmaceutical, cleaning, personal care and pet products) – Group President Europe, 2001-2006; CFO of the Year 2007, Investor Magazine; Carl Lindner Award 2006, University of Cincinnati; WSJ/CNBC European Business Leader of the Year 2003. Member of United Nations high level task force on post 2015 development goals. President of the Kilimanjaro Blindtrust/Chair of Perkins International Advisory Board. Board member of Global Consumer Goods Forum. Member: International Business Council of WEF, Swiss American Chamber of Commerce and vice chair of the World Business Council for Sustainable Development. Member of the B-Team (a global initiative to help transform the future of business). Honorary degrees from Universities of Northumbria, UK in 2000 and University of Cincinnati in 2009.

Investment focus

Food and Beverage, Apps, Mobile
Seed, Series A, Funding Round
Finland, United States, United Kingdom

Portfolio highlights

Hintsa — Discover a better you, with methods proven in Formula 1 and Fortune 500.
Toast Ale — Toast ale is an award-winning craft beer brewed with surplus fresh bread that would otherwise be wasted. All profits go to the charity, Feedback, to end food waste.
Freja — Award-winning bone broths from Freja Foods. Responsibly sourced and conveniently packaged, Freja bone broth is available online and via leading retailers.

Michael “Monty” Widenius is the “spiritual father” of MariaDB, a renowned advocate for the open source software movement and one of the original developers of MySQL, the predecessor to MariaDB. In addition to being chief server architect for MariaDB Corporation, he also serves as a board member of the MariaDB Foundation. He was a founder at SkySQL,and the CTO of MySQL AB until its sale to Sun Microsystems (now Oracle). Monty was also the founder of TCX DataKonsult AB, a Swedish data warehousing company. He is the co-author of the MySQL Reference Manual and was awarded the Finnish Software Entrepreneur of the Year prize in 2003. In 2015, Monty was selected as one of the 100 most influential persons in the Finnish IT market. Monty studied at the Helsinki University of Technology and lives in Finland.

Investment focus

Big Data, Software, Mobile
Funding Round, Series A, Seed
Sweden, Finland, United States

Portfolio highlights

Beddit — Every morning, the Beddit Sleep Tracker shows how you've slept. Scoring high enough gets you to the green zone and helps you learn what those good nights are made out of! You can easily dig deeper into your sleep details including your resting heart rate, respiration, sleep cycles, snoring and more.Beddit is placed right under the bedsheet, connected to your mobile device and all you need to do is sleep. Sleep tracking made as easy as stepping on weight scale!The company has been working with sleep technology since 2007 specializing in ballistocardiography, a scientific method for measuring the physical micro-movements caused by cardiac activity. Beddit has become a global leader in consumer focused sleep tracking solutions.
MoSync — Mosync: Your go-to solution for fast, secure & automated cloud data sync, storage & file sharing. Transfer CIFS, NFS & more with ease. Try it today!
import.io — Unlock a world of data with Import.io. We deliver the web data you need to power your business with intuitive apps, powerful APIs, and expert services.

Stefan Lindberg is co-owner of YSUB.

Investment focus

Wellness, Fitness, Software
Seed, Pre-Seed
Finland

Portfolio highlights

YSUB — YSUB produces a beverage containing hemp - lemonade with a hint of hemp seeds, soothing botanicals, and some vitamins. It also has CBD beverage, but cannot sell due to regulations in Finland and other Nordic countries and is trying to create a campaign to create awareness.
Vegemi — Vegemi is a free smartphone app that promotes eating fruits and vegetables through gaming. The software was designed with the entire family in mind, but especially to demonstrate youngsters the health advantages of fruits and vegetables in a way that motivates and inspires them.
StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities

Shamma Raghib

Investment focus

Fitness, Software, Wellness
Pre-Seed
Finland

Portfolio highlights

StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities

Sebastian Laine

Investment focus

Fitness, Software, Wellness
Pre-Seed
Finland

Portfolio highlights

StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities

Katja Toropainen is the founder of Inklusiiv. Prior to that, she served as a chief program curator at Slush. Katja holds a master's degree in information and service management from Aalto University.

Investment focus

Software, iOS, Apps
Pre-Seed
Sweden, Finland

Portfolio highlights

imagi — Programming has never been this much fun! Learn to create with code, share your designs with friends on the imagiLabs app and customize your imagiCharm - a fun, easy-to-use, colorful, and educational toy for girls. Imagine it. Code it. Wear it.
StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities

Point Nine Capital is a Berlin-based venture capital firm focused exclusively on early-stage Internet investments in areas like Software-as-a-Service (SaaS), online marketplaces, and mobile.The fund and its managers, Pawel Chudzinski and Christoph Janz have backed a number of highly successful Internet companies such as Delivery Hero, Clio,Shiftplanning, Vend, Typeform, and Zendesk from their earliest stages.

Investment focus

Software, SaaS, Internet
Seed, Series A, Series B
Germany, United States, France

Portfolio highlights

ZenML — ZenML is an extensible, open-source MLOps framework to create production-ready machine learning pipelines. Built for data scientists, it has a simple, flexible syntax, is cloud- and tool-agnostic, and has interfaces/abstractions that are catered towards ML workflows. At its core, ZenML pipelines execute ML-specific workflows from sourcing data to splitting, preprocessing, training, all the way to the evaluation of results and even serving. There are many built-in batteries to support common ML development tasks. ZenML is not here to replace the great tools that solve these individual problems. Rather, it offers an extensible framework and a standard abstraction to write and build your workflows.
Upciti — Upciti provider of precise, localized and real-time data for smart cities and smart retailers. we produce and make available data at the service of man to make cities smarter and more pleasant to live for all on a daily basis.
BlueLayer — BlueLayer transforms the management of carbon projects with a cutting-edge software stack that frees up valuable resources to bring more quality credits to market.

Sami Inkinen is the Chief Executive Officer and Co-Founder of Virta Health, a specialty medical clinic that reverses type 2 diabetes safely and sustainably, without the risks, costs, or side effects of medications or surgery. Previously, Mr. Inkinen was the co-founder of the leading online real estate marketplace Trulia, serving as its COO andpresident and board member until its IPO and eventual sale to Zillow Group. He also worked on Microsoft’s strategy team for MS Office, and as a consultant for McKinsey & Company within the software, telecommunications, and government sectors. A physicist by training, Mr. Inkinen started his career as a radiochemist at a nuclear power plant and holds a Master of Science in engineering physics from the Helsinki University of Technology. He also earned a Master of Business Administration from Stanford University. He thinks his greatest luxury today is a small vegetable garden at his San Francisco Bay area home.

Investment focus

Health Care, Fitness, Medical
Series A, Seed, Funding Round
United States, Finland

Portfolio highlights

Edamam — Edamam provides nutrition solutions to businesses in the food, health and wellness sectors, leveraging its proprietary cloud-based, structured-data semantic technology platform. Unlike traditional competitors, we deliver value-added nutrition data in real time and at fraction of the cost, saving clients both time and money. Clients include Nestle,Samsung, Epicurious, Gannett and The New York Times.
Augmedix — Augmedix harnesses the power of AI to provide industry-leading medical documentation & data services, giving physicians more time to focus on patient care.
Cricket Health — Cricket Health identifies kidney disease early and provides personalized care teams to manage it more proactively. We're making an impact on kidney disease.

Butterfly Ventures is a seed-stage focused VC in the Nordics, investing in deep tech, hardware, and hardware interfacing software. The company prefers to get involved with companies early on; 80% of Butterfly Ventures portfolio companies don't have any revenue at the time of their entry. Butterfly Ventures was founded in 2012 and ever sincethen it has been one of the most active early stage VCs in the region. The company has offices in Oulu, Helsinki and Stockholm.

Investment focus

Health Care, Software, Information Technology
Seed, Funding Round, Pre-Seed
Finland, Sweden, Norway

Portfolio highlights

RiACT — Software for robots. Real-time development platform for creators and users of flexible robot applications.
Embedl AB — Efficient Deep Learning by Deep Learning model optimization
EmbeDL — Efficient Deep Learning for Embedded Systems

We help exceptional founders turn their big ideas into companies that shape a better future.

Investment focus

Software, Mobile, Internet
Series B, Series C, Series D
United States, China, India

Portfolio highlights

ArmorCode — ArmorCode is redefining Application Security.
Daedalus — Daedalus develops reconfigurable production capacity that can be retooled instantly. Its robotics and AI technologies enable agile manufacturing for any process, volume, and part complexity.
Infinitum — Infinitum Electric is a motor technology company delivering lightweight and IoT-enabled electric motors. It is at the forefront of making electric motors more efficient, more durable, lighter weight, and less expensive. Their disruptive motor and control products utilize their patent-pending Printed Circuit Board (PCB) stator technology and providebroad application across multiple industries. They work with global manufacturers and industrial OEMs to customize their technology for specific applications and market segments.

WE HELP YOU TO GROW FASTER!

Investment focus

Software, Information Technology, Internet
Seed, Funding Round, Series A
Finland, United States, United Kingdom

Portfolio highlights

Pebble — Pebble is a electric vehicle manufacturing startup.
Transfluent — Professional translations for all business needs. Fast. Easy.
BetterDoctor — BetterDoctor helps validate and deliver accurate provider data to health plans, health systems, and hundreds of other companies via its API — from startups to publicly traded ones. This ultimately helps achieve the mission of helping consumers find the healthcare they need.Today, BetterDoctor's data platform and APIs power 9 health plans,350 companies, 1,500 developers, helping millions of people find the right doctor each month. Health Plans BetterDoctor uses multi-modal outreach to drive providers to attest their information on BetterDoctor's online portal. API PartnersBetterDoctor brings transparency to doctor data. Their real-time platform, master database and API services enable everyone to add doctor data to their systems, websites and applications. Today, BetterDoctor API and data tools power health insurance companies, healthcare startups and doctor search tools. https://betterdoctor.com/developers

K5 Global is a new media and financial services advisory and consulting firm. The company works with corporations, government entities, and start-ups, and is involved in a range of industries, including sports, technology, politics, and entertainment. K5 functions as a liaison for high-level startups and deal flow, connects influencers andcelebrities to entrepreneurs and brands, and incubates global business opportunities with A-list talent.

Investment focus

Software, SaaS, Information Technology
Series A, Seed, Series B
United States, Brazil, Israel

Portfolio highlights

Quindar — Satellite Mission Management for startups. Operate faster than your competition.
Instabase — Instabase combines the latest AI breakthroughs with industry expertise to create real business value for your business.
Few and Far — Few and Far is the next-generation platform for experiences in Web3, including NFTs, DeFi, gaming, and more. They help NFT projects with launchpad services, minting tools, outbound marketing, and more. They offer creators the liquidity, ability to earn, and listings alongside the top collections on NEAR.

SanomaVentures is the venturing arm of European media company Sanoma Corporation (SAA1V), aiming to support innovative start-ups in digital information, entertainment and education by providing them with capital, media exposure, expertise and access to Sanoma’s business network.SanomaVentures focuses on early stage investments in start-ups activein online consumer services, e-commerce, mobile, video, online advertising and education. SanomaVentures has offices in Amsterdam and Helsinki.

Investment focus

Internet, SEO, Finance
Seed, Series A, Funding Round
Finland, The Netherlands

Portfolio highlights

Venuu — Venuu is an event services company that provides solutions for parties, weddings, seminars, meetings and other events. To venue owners, it provides a cost-effective sales and marketing channel to find customers. The company was founded in 2013 and headquartered in Southern Finland, Finland.
Peerby Classic — Borrow and rent goods from others nearby - affordable, convenient and green. Tools, bikes, party equipment, electronics and more. Try it now.
Yogaia — Yogaia is the first live, interactive online yoga studio in the world. With Yogaia, the studio is where you are, allowing you to attend classes in the convenience of your home with professional teacher instructing you personally via webcam. Yogaia is available on desktop, iOS, Android and Apple TV in English, German and Finnish.

The preferred growth partner to tech-enabled businesses in Northern Europe.

Investment focus

E-Commerce, Software, Information Technology
Funding Round, Private Equity, Series A
Sweden, Norway, Germany

Portfolio highlights

Jobylon — Jobylon is a social recruiting and hiring software with the purpose of liberating the hiring managerJobylon aims to provide the easiest way for companies to create and share beautiful job ads, manage candidates with their team and hire the right person with one simple tool.The recruitment industry has stayed unchanged for too long whilstthe need for a simple and efficient tool has increased. Our mission is to change recruitment as you know it!Sign up for your free account on www.jobylon.com
Meltwater — Discover how Meltwater helps PR and marketing teams monitor media coverage across both news and social media and enhance brand management.
Ingrid — Ingrid was founded with a mission to create delivery experiences that fit people's lives by letting e-commerce businesses deliver sustainable growth and giving shoppers the power to personalize delivery and returns. The result is a better overall customer experience and greater efficiency for both the retailer and the delivery carrier.

Conor Venture Partners is a new breed technology venture capital fund and management company. Conor invests in early-stage companies originating from Nordic and Baltic countries. Investment areas include information and communications technology, embedded software, semiconductor technology, electronics, new materials and optics.

Investment focus

Software, Analytics, Semiconductor
Series A, Series B, Seed
Finland, United States, Sweden

Portfolio highlights

TactoTek — Set your imagination free and create user experiences with the help of sustainable smart molded structures.
Blackwood Seven | Part of Kantar Group — Attribute, predict and optimize the business outcome of marketing and media plans with Blackwood Seven's Unified Marketing Modeling platform.
Verto Analytics — Verto Analytics (Verto) operates a passive metering panel that provides researchers, advertisers, and publishers the data they need to keep up with the rapid and changing pace of consumer media consumption on every app, device, service, and platform. This ongoing, longitudinal panel captures a wide breadth of behaviors—all enriched to clients’behavioral analysis or custom survey studies. Our single-source, passive metering data sets provide the information needed to understand the full digital footprint of the U.S. population. Our Data Labs are located in the US, and in Helsinki, Finland. http://www.vertoanalytics.com.

James Corden

Investment focus

Financial Services, Apps, Mobile
Series A, Funding Round
United States, Finland

Portfolio highlights

Hintsa — Discover a better you, with methods proven in Formula 1 and Fortune 500.
MoonPay — MoonPay offers a fast and simple way to buy and sell cryptocurrencies. Buy crypto with credit card, bank transfers or Apple Pay today.
Imprint — Imprint partners with today's top brands to offer their customers branded credit cards, debit cards, and rewards programs at a fraction of the cost.

Business Finland finances business R&D projects and public research projects at universities, research institutes and universities of applied sciences. Read more about R&D and business funding.

Investment focus

Software, SaaS, Information Technology
Seed, Grant, Funding Round
Finland, United States, United Kingdom

Portfolio highlights

Teamspective — Teamspective's SaaS solution helps companies create culture of performance and wellbeing in their organization through - Actionable and real-time visibility to employee wellbeing and effectiveness of teams' collaboration - Replacing heavy 360 feedbacks with timely collection of high quality feedback that activates personal development -Modernizing performance evaluations with a process that takes only minutes per employee and eliminates rater bias - Understanding organization's dynamics through ONA surveys that are 10x faster and cheaper than consulting-driven versionsTeamspective's customers have 2x higher amount of employees satisfied with the feedback they receive.
Supersight — 100% privacy preserving mobile app for people counting, revolutionising real world business process automation. A Finnish high-tech product is most efficient method on the market for counting the number of people in a space with our AI technology, ensuring complete privacy and a productive environment for all. Customers in Finland and France.
Linio Biotech Ltd — Science by nature, Inspired by biology, driven by curiosity. We redefine skin regeneration.

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