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Top 15 Franchise Startup Investors in Finland (October 2026)

The most active venture capital funds and angel investors investing in Finland Franchise startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Finland Franchise startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Business Finland
VC Fund
6 Finland, United States, Sweden Grant, Seed, Debt Financing Software, SaaS, Biotechnology $50k–$10M
Vendep Capital
VC Fund
3 Finland, United States, Denmark Seed, Series A, Venture - Series Unknown Software, SaaS, Information Technology $823k–$13M
David Lottenbach
Angel
2 Finland Seed, Angel B2B, SaaS, Content
Cecily Drucker
Angel
2 Finland Seed B2B, SaaS, Content $1.2M–$2M
HOWZAT Partners
VC Fund
2 United Kingdom, Germany, United States Seed, Series A, Venture - Series Unknown Travel, E-Commerce, Software $318k–$11M
Digital Future
VC Fund
2 United States, Canada, United Kingdom Seed, Pre-Seed, Series A Software, SaaS, Advertising $50k–$11M
Pekka Koskinen
Angel
2 Finland Angel, Pre-Seed SaaS, Advertising, B2B $106k–$444k
Andreas Mihalovits
Angel
2 Spain, United Kingdom, United States Seed, Series A, Venture - Series Unknown Software, SaaS, Internet $446k–$7.1M
Innovestor
VC Fund
2 Finland, Sweden, Denmark Seed, Venture - Series Unknown, Pre-Seed Software, Health Care, Information Technology $204k–$5.1M
Alfabeat
VC Fund
1 Poland, United States, United Kingdom Seed, Series A, Pre-Seed Software, Marketing, SaaS $199k–$15M
Murat Abdrakhmanov
Angel
1 United States, Kazakhstan, Finland Pre-Seed, Seed, Series A Software, SaaS, Information Technology $235k–$3.4M
CABRA VC
VC Fund
1 United States, India, Israel Seed, Pre-Seed, Series A Software, Artificial Intelligence, Machine Learning $300k–$29M
Spring Capital
VC Fund
1 Estonia, Finland, United States Seed, Pre-Seed, Series A Software, SaaS, E-Commerce $426k–$9.1M
Paul Melin
Angel
1 Estonia, Finland Seed B2B, SaaS, Content $1.4M–$2M
DAAL
VC Fund
1 Egypt, Tunisia, United Arab Emirates Seed, Series A, Convertible Note Software, E-Commerce, Information Technology $100k–$5M
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Investor list

Business Finland
VC Fund · Helsinki, Southern Finland, Finland · 6 investments in Finland Franchise startups, 17 in the past 12 months

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.

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Investment focus

  • Industry: Software, SaaS, Biotechnology
  • Stage:Grant, Seed, Debt Financing
  • Geography: Finland, United States, Sweden

Investor stats

  • Total investments: 238
  • Round size: Seed $334k–$3.5M; Grant $50k–$10M; Debt Financing $252k–$6.5M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • STRGY AI — The strategy was never the problem. The evidence was correct, sitting in someone's hands, and it died anyway because nothing in the organization was built to carry that evidence from where it was seen to where it could be acted on, and keep it alive long enough to matter. Not a bad plan. Not bad people. A structural gap between signal andauthority that every existing tool — decks, dashboards, status meetings — is too static and too easy to ignore to actually close.STRGY exists because that gap is the default state of every organization above a certain size, and closing it has always required either a heroic individual repeating themselves for years or luck (the corporate pilot needed one person to remember "do not drop this" at the right moment, and no one did). That's not a strategy problem to solve with a better framework — it's an infrastructure problem. You need something that holds the signal, doesn't forget it, doesn't get bored repeating it, and resurfaces it automatically the moment the gap between evidence and action starts to widen. That's what a human can't do reliably at scale, and what software with real memory can.
  • Coolbrook — Our RotoDynamic electric technology can cut 30% of industrial emissions annually, delivering hope at industrial scale.
  • Solar Foods — Solar Foods is a food-tech startup that specializes in testing a technology that uses electricity to produce hydrogen which is combined with carbon dioxide, water, vitamins, and minerals to feed and grow microbial biomass that can be used as edible protein. The industrial biotech startup develops a protein called Solein, a nutritious, sustainablesubstitute for animal-derived proteins. Solein is created using elements from the air—CO2, water, nitrogen—and electricity. This single-cell protein is cultivated through gas fermentation, essentially deriving edible calories from hydrogen-oxidizing microbes.
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Vendep Capital
VC Fund · Espoo, Southern Finland, Finland · 3 investments in Finland Franchise startups, 6 in the past 12 months

We back early-stage B2B SaaS founders in the Nordics & Baltics with capital, expertise, and long-term partnership. See how we invest and support growth.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Finland, United States, Denmark

Investor stats

  • Total investments: 55
  • Round size: Seed $823k–$5.4M; Series A $3.9M–$13M; Venture - Series Unknown $1.4M–$13M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely actively investing — fresh fund, raised $93M in 2025

Portfolio highlights

  • Complir — Complir's AI agents map product data, analyse compliance risks, generate documentation and track regulations across every market you sell in.
  • GitHits — Code context layer for coding agents. Version-aware index for agents to search, navigate, and inspect open-source code.
  • EnforceShield — EnforceShield provides an agentic AI system designed to identify and eliminate stolen or misused content.
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David Lottenbach
Angel · Zürich, Zurich, Switzerland · 2 investments in Finland Franchise startups

David Lottenbach - Owner and CEO @ Strategy Consultancy

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Investment focus

  • Industry: B2B, SaaS, Content
  • Stage:Seed, Angel
  • Geography: Finland

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • PromoRepublic — Unify social, listings, reviews, and analytics in one agentic platform built for multi-location and franchise brands. Improve visibility, protect your brand, and lift same-store sales.
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Cecily Drucker
Angel · San Francisco Bay Area, California, United States · 2 investments in Finland Franchise startups

Ms. Drucker, one of Peter and Doris Drucker’s four children, is the founder and CEO of Start-Up Strategies, a San Francisco consultancy. Ms. Drucker is also an attorney who has focused her practice in the areas of real-estate tax planning and financing, as well as other business and commercial transactions. She has specialized, in particular, onstructuring and implementing complex 1031 tax-deferred exchanges. She is the co-author of Real Property Exchanges, published by the California Continuing Education of the Bar.

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Investment focus

  • Industry: B2B, SaaS, Content
  • Stage:Seed
  • Geography: Finland

Investor stats

  • Total investments: 2
  • Round size: Seed $1.2M–$2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • PromoRepublic — Unify social, listings, reviews, and analytics in one agentic platform built for multi-location and franchise brands. Improve visibility, protect your brand, and lift same-store sales.
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HOWZAT Partners
VC Fund · Luxembourg, Luxembourg, Luxembourg · 2 investments in Finland Franchise startups

Howzat Partners is a venture capital firm specializing in incubation, seed, start up, growth capital, early stage, and mid venture investments. The firm seeks to invest in digital businesses with a focus on internet, digital media, e-commerce companies. It invests globally. It acts as as sounding board. The firm also makes co-investments. HowzatPartners was founded in 2006 and is based in Luxembourg and London.

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Investment focus

  • Industry: Travel, E-Commerce, Software
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United Kingdom, Germany, United States

Investor stats

  • Total investments: 95
  • Round size: Seed $318k–$2.5M; Series A $1.6M–$11M; Venture - Series Unknown $1.7M–$9.8M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Wingly — Wingly is a flight sharing platform. Find pilots or passengers for your trip.
  • Quoroom — A single intelligent platform to manage capital raising,equity, debt and employee options
  • Mymoria — MYMORIA offers an one-stop-online-shop for full configuration and complete commissioning of funerals. Mymoria is able to offer its services significantly cheaper than traditional mortician homes. The company is offering its services nationwide and work hard to organize our processes efficiently while maintaining thehigh service standards.
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Digital Future
VC Fund · Kyiv, Kyyiv, Ukraine · 2 investments in Finland Franchise startups

Digital Future is a leading Ukraine-born VC firm. We provide late seed and early stage funding to revenue-enabled companies with initial traction, scalable business model, indefatigable team and global ambition. Our portfolio includes companies from Ukraine, Europe, Israel, and United States.

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Investment focus

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

Investor stats

  • Total investments: 38
  • Round size: Seed $50k–$3M; Pre-Seed $250k–$1.2M; Series A $5M–$11M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Streamline — GMDH is a global innovative provider of supply chain planning and predictive analytics solutions. GMDH solutions are built on a 100% proprietary technology and handle every part of the demand and supply planning process, providing complete transparency across the entire supply chain.
  • WorkUgo — WorkUgo is a staffing and recruitment based workforce mobility platform offering to resolve the issues of labor shortage.
  • GetOrder — GetOrder is an online ordering system for managing delivery orders, marketplace integrations, QR menus, POS integration, customer reviews, and last-mile delivery in one platform.
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Pekka Koskinen
Angel · 2 investments in Finland Franchise startups

Founder at Leadfeeder

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Investment focus

  • Industry: SaaS, Advertising, B2B
  • Stage:Angel, Pre-Seed
  • Geography: Finland

Investor stats

  • Total investments: 3
  • Round size: Pre-Seed $106k–$444k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • PromoRepublic — Unify social, listings, reviews, and analytics in one agentic platform built for multi-location and franchise brands. Improve visibility, protect your brand, and lift same-store sales.
  • Cuutio — What if you knew your exact positions and their development on Google? And search engine market shares between you and your competitors? Find out!
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Andreas Mihalovits
Angel · Marbella, Andalucia, Spain · 2 investments in Finland Franchise startups

Andreas is a German serial entrepreneur and angel investor having invested in more than 150 international startups.Andreas co-founded his first internet company Omniga in 1999 and, after reaching profitability within 2 years, grew it to a venture builder focused on B2C subscription models with more than 200 employees when he stepped back from hisactive roles in 2012.In the same year Andreas started investing in startups and later also got engaged in the Spanish ecosystem as the founder of Marbella Tech Angels, a network of more than 160 investors, founders & mentors living around Marbella. Andreas is also co-founder of the Global Super Angels Club, a platform for angel investors usually investing six-figure euro amounts in startups, supporting its more than 70 members to improve their deal flow and speed up their search for like-minded co-investors.Andreas received several awards incl. the Best European Early Stage Investor 2018 award from the European Business Angel Network (EBAN) and the Best Business Angel 2020 award at the Spanish National Business Angel Conference.

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Investment focus

  • Industry: Software, SaaS, Internet
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Spain, United Kingdom, United States

Investor stats

  • Total investments: 67
  • Round size: Seed $446k–$2M; Series A $1.6M–$7.1M; Venture - Series Unknown $1.1M–$2.6M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • UMNAI — UMNAI helps organisations build, deploy and govern explainable AI decision systems for high-impact environments.
  • Skarbe — Skarbe has officially wound down operations as of April 2026. Thank you for being part of our story.
  • STAMP — STAMP redefines Tax-Free in Europe. Instant VAT exemption for travelers. More sales, transparency, and control for merchants.
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Innovestor
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Franchise startups

Innovestor is an active Finnish investment manager, focusing on venture capital, real estate, and energy storage. We also offer corporate venturing services.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Finland, Sweden, Denmark

Investor stats

  • Total investments: 97
  • Round size: Seed $477k–$4.5M; Pre-Seed $204k–$2M; Venture - Series Unknown $529k–$5.1M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — raised $33M in 2023

Portfolio highlights

  • Khoy — Khoy Company designs and develops comfortable, user-friendly, and sustainable sofa beds.
  • AnaCardio — AnaCardio develops drugs targeting a novel mechanism that improves cardiac contractility and aims to improve clinical outcomes in heart failure.
  • Bahn Express — Bahn Express is a global car transportation company that supports independent contractors while offering quick and easy auto shipping throughout Europe.
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Alfabeat
VC Fund · Gdansk, Pomorskie, Poland · 1 investments in Finland Franchise startups

Welcome to Alfabeat, a specialist seed and early stage venture capital fundfocused on Enterprise SaaS companies from Central and Eastern Europe,backed by successful enterprise software founders.

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Investment focus

  • Industry: Software, Marketing, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Poland, United States, United Kingdom

Investor stats

  • Total investments: 33
  • Round size: Seed $199k–$4M; Pre-Seed $300k–$1.2M; Series A $2.5M–$15M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Andiamo — See what people are saying. Andiamo gives me full control over my prescription. I can achieve outcomes I didn't think
  • SunRoof — Roof of the future
  • Druid AI — DRUID is an AI platform that allows companies to automate processes by designing and deploying UiPath RPA integrated chatbot virtual assistants.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Murat Abdrakhmanov
Angel · 1 investments in Finland Franchise startups

Murat Abdrakhmanov is a co-investor at 2C2P. Attended Fuqua Executive school of bussines.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, Kazakhstan, Finland

Investor stats

  • Total investments: 13
  • Round size: Seed $500k–$3.4M; Pre-Seed $235k–$700k
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Zeely — Zeely is a website development platform designed to assist businesses in marketing their web pages. The company's platform allows businesses to create and promote websites without using codes or UI/UX designs, and these codes can be linked with Google Ads or other social media platforms to increase reach, allowing businesses to create awebpage based on AI and expand their audience network.
  • Kwaaka — Kwaaka is a subscription-based service that integrates Food Delivery services like Glovo, Wolt, Bolt Food, Deliveroo direct into restaurants’ point-of-sale systems, streamlining order taking processes and menu management through a single interface and eliminating the requirement for restaurant staff to monitor multiple devices and manually repunchorders into their existing system.
  • Yope — Salo is a discussion platform that erases the borders for people with diverse opinions to let anyone speak up and be heard.
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CABRA VC
VC Fund · Los Angeles, California, United States · 1 investments in Finland Franchise startups

Cabra.vc is a venture fund for technological startups that want to scale out to international markets

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Israel

Investor stats

  • Total investments: 45
  • Round size: Seed $768k–$5M; Pre-Seed $300k–$1.9M; Series A $7M–$29M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Adwisely — Automate Facebook and Google ads for your Shopify store with AI. Get 6x ROAS. Trusted by 1,000+ Shopify brands. Install Adwisely and set up in minutes.
  • Pitchly — Freakishly fast & perfectly consistent document solutions because we're different than everyone else. Click, if you want to learn more.
  • Collectly — Collectly is an innovative tool for practices that want to demystify the medical billing process and boost patient collection rates. Collectly helps healthcare organizations collect patient payments, automate, and streamline internal revenue cycle operations, and elevate the patient financial experience. It also helps hospitals and health systemsboost self-pay and after-insurance-responsibility engagement.
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Spring Capital
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Finland Franchise startups

Investments in exceptional teams in the Baltics & Nordics.Our two main focuses include: 1. Startups with a technological edge. Seed stage. Our check size is from €50K up to €200K. With a vast experience in startup building, we typically get hands-on with our advice and help the founders achieve operational excellence. 2. Innovators oftraditional sectors. SMEs with a proven track and strong market position. Clear plans to accelerate the growth. Our investment ticket can be from €300K to €700K to support these aspirations. If you think we have a match, reach out through invest@springcapital.ee.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, Finland, United States

Investor stats

  • Total investments: 26
  • Round size: Seed $426k–$2.5M; Pre-Seed $500k–$2.5M; Series A $7.4M–$9.1M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $7.4M in 2018

Portfolio highlights

  • Uniify — Uniify is a no-code customer onboarding software that makes it fast, easy and secure for financial companies to onboard their customers. Save your business time and money, and build onboarding flows for your customers in minutes instead of months.
  • Crisp — Crisp connects data between retailers, distributors, and brands to power real-time insights across the supply chain.
  • Salesforge — Salesforge is an all-in-one sales execution super app that gives every sales team the highest probability to hit their target by tackling email deliverability and the need to personalize cold email outreach at scale.We do that by enabling real-time AI & machine learning to decision critical sales activities, enhance messaging and eliminatethe need for various sales point solutions, therefore driving superior conversion rates.
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Paul Melin
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Franchise startups

Paul Melin is the Chairman Of The Board at Silcube Software.

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Investment focus

  • Industry: B2B, SaaS, Content
  • Stage:Seed
  • Geography: Estonia, Finland

Investor stats

  • Total investments: 2
  • Round size: Seed $1.4M–$2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Warren.io — Warren is a complete self-service cloud platform for regional infrastructure service providers. Functionally rich, technologically modern and architecturally reliable turnkey commercialisation solution packaged as a service and driven by your success to compete in the global landscape.
  • PromoRepublic — Unify social, listings, reviews, and analytics in one agentic platform built for multi-location and franchise brands. Improve visibility, protect your brand, and lift same-store sales.
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DAAL
VC Fund · Al Khobar, Ash Sharqiyah, Saudi Arabia · 1 investments in Finland Franchise startups

The aim of Daal is to create excellent opportunities for investment by providing mentorship and business development insights to companies within the IT space.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Series A, Convertible Note
  • Geography: Egypt, Tunisia, United Arab Emirates

Investor stats

  • Total investments: 19
  • Round size: Seed $100k–$5M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Pulppo — Pulppo is the first Tech Enabled broker for Latin America. We partner with the best brokers in the region and empower them with tools, technology and resources to create a simple and transparent buying process. Pulppo was founded by Agustin Iglesias, former GM of Inmuebles24 and founder of Tokko Broker (Acquired by Navent) and Matias Gath, formerGM of Glovo in Argentina and founder of Kadabra (acquired by Glovo).
  • Kamioun — Kamioun is a mobile platform that connects FMCG manufacturers to local retail shops by fast free delivery of inventory.
  • Paper.id — Atur tempo pembayaran bisnis serta kirim & terima pembayaran dengan kartu kredit, invoice juga langsung sah dengan e-Meterai. Coba Sekarang!
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Franchise Investor funding in Finland at a glance

Stats across 11 deals from 25 investors.

25
investors
in Finland Franchise startups
11
deals
in Finland Franchise startups
$126k
median round
in Finland Franchise startups
16%
lead investors
lead at least one round
36%
Seed
most common funding stage
60/40
VC / Angel
share of investor count

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