# Arteel Ventures

> Arteel Ventures is a VC fund in Espoo backing CRM, Music and Sales. See 7 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Espoo, Finland
- Total investments: 7
- Last investment: Nov 2017
- Lead investor: 0%
- Last updated: Aug 2026
- Website: http://arteel.fi

Arteel Ventures is a fully independent and invests from its balance sheet. As an investment vehicle, we are focused on innovative early stage start-ups with capable management team and disruptive idea in areas of internet, mobile device based services and solutions. We make investments between 25.000 – 150.000 €.Arteel Ventures is not a fund, sowe don’t have a need to stamp any sell before dates to company we invest in. We invest not only equity but also our time, knowledge and network to the use of our portfolio companies. Our investment approach is active and hands-on, as is our approach to ownership. We believe in independence, openness and clarity when partnering with entrepreneur-driven management teams.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $500k–$3.6M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| CRM | 1 | 14% |
| Music | 1 | 14% |
| Sales | 1 | 14% |
| Video | 1 | 14% |
| Mobile | 1 | 14% |

21 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 5 | 71% |
| Angel | 1 | 14% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Finland | 4 | 57% |
| Estonia | 1 | 14% |
| United States | 1 | 14% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| EatAndTheCity | EatAndTheCity helps international newspapers, magazines, local media & food guides monetise the influence of their content. We enhance the communication between local communities and local media. Their revenue generating restaurant journalism platform for media companies allows users to not only discover but to reserve gastronomic experiences.EatAndTheCity’s white label platform already collaborates with leading companies in Finland and Estonia and Germany. Media and publishing companies are able to leverage their connection with local communities to generate new revenue streams. Combining these features and the business model in cooperation with local media companies differentiates us from the competitors. | $3.6M | Seed | Nov 22, 2017 |  |
| Wellness Foundry | Wellness Foundry is a Finnish-American company with offices in Helsinki and New Jersey. The company's flagship product, MealLogger (www.MealLogger.com), is a digital nutrition coaching platform for use by health and wellness professionals - mainly nutritionists, dieticians and trainers - to help their clients manage weight loss, diabetes, andeating disorders or to optimize nutrition in athletic training. |  | Seed | Nov 29, 2016 |  |
| Zapflow | Zapflow is a SaaS-based dealflow management tool for professional investors (VC, CVC, M&A) available 24/7. It helps investors increase the number of incoming investment opportunities, process them efficiently and report the details to various stakeholders. | $700K | Angel | Nov 28, 2016 |  |
| Eventornado | Founded in 2014, from Estonia; the worlds most digital country, Guaana is a community-based platform to run online innovation & research challenges.Guaana builds creative solutions for research funding and innovation. Instead of re-inventing the wheel, we adapt approaches from non-research focused applications used to solve challenges similarto those faced in research funding and implement them into the evaluation of scientific work in ways that enhance collaboration and transparency in the process.Guaana works with governments and organizations from all over the world, helping them to:* Distribute research grants - 6x times faster, and 75% more efficient * Run online hackathons - remove manual activities, and engage globally * Gather ideas through an online workshop - remove travel time & expense, infinite scale, ​more flexible use of time, global reach, low admin requirementEverything in one app, no more juggling files and data between multiple different systems. |  | Angel | Dec 01, 2015 |  |
| Singa | Singa is the Spotify of karaoke for personal and commercial use. Access a catalog of 20 000+ songs to sing effortlessly anywhere, any time and with any platform.Easy to use is Singa’s main operating principle. You don’t need to buy a console, or a microphone, or even a DVD-player. Singa is platform agnostic. To use Singa, you’ve already goteverything you need either in your pocket (mobile phone), on your table (PC) or in your living room (TV).* One account works on all devices, mobile, browser or Smart TV* Each user gets to test Singa for free before signing up to a Premium account* Singa works fluently with external accessories | $576K | Seed | Nov 11, 2015 |  |
| Zero Keyboard | Zero Keyboard makes data entry into Salesforce fast and easy. It enables users to log calls, create leads, scan business cards, collect information, manage tasks, calendar events, and more on the go, even offline, without typing. Zero Keyboard is the perfect companion for Salesforce users. | $500K | Seed | Oct 18, 2015 |  |
| Tellybean | Tellybean is a video call solution that enables users to convert their televisions into videophones. Tellybean was launched in 2011 and is based in Helsinki, Finland. | $576K | Seed | May 31, 2013 |  |

7 of 7 investments shown.

## Co-investors
- [Gorilla Ventures Oy](https://shizune.co/investors/profile/gorilla-ventures-oy) — VC Fund, 2 deals together
- [Reaktor Ventures](https://shizune.co/investors/profile/reaktor-polte) — VC Fund, 2 deals together
- [Change Ventures](https://shizune.co/investors/profile/change-ventures) — VC Fund, 1 deal together
- [City Ventures](https://shizune.co/investors/profile/city-ventures) — VC Fund, 1 deal together
- [Courage Ventures Management](https://shizune.co/investors/profile/courageventures) — VC Fund, 1 deal together
- [Enabling Future](https://shizune.co/investors/profile/enabling-future) — VC Fund, 1 deal together

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### Similar industry
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### Similar stage
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### Similar country
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## FAQ

### What does Arteel Ventures invest in?

Arteel Ventures invests primarily in CRM, Music and Sales startups, most often at Seed and Angel stage. Most of the 7 investments tracked by Shizune back companies in Finland. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Arteel Ventures's check size?

Arteel Ventures typically joins rounds of $500k–$3.6M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Arteel Ventures participates in.

### When did Arteel Ventures last invest?

The most recent investment recorded for Arteel Ventures closed in Nov 2017. Shizune tracks 7 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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