# Courage Ventures Management

> Courage Ventures Management is a VC fund backing Health Care and Apps. See 9 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Helsinki, Finland
- Total investments: 9
- Last investment: Dec 2021
- Lead investor: 56%
- Last updated: Aug 2026
- Website: http://www.courageventuresfunds.com/

Courage Ventures Management is a VC fund in Helsinki focused on Health Care and Apps. Courage Ventures is a seed investment fund with global networks. The fund focuses on health, education and environment verticals where its partners and advisors can add significant value to the companies’ growth.

## Contacts

5 contacts available for Courage Ventures Management. Shizune tracks 5 team members at Courage Ventures Management. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/courageventures?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $250k–$3.4M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 3 | 33% |
| Apps | 1 | 11% |
| Web3 | 1 | 11% |
| Shoes | 1 | 11% |
| EdTech | 1 | 11% |

29 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 4 | 44% |
| Funding Round | 3 | 33% |
| Pre-Seed | 1 | 11% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Finland | 4 | 44% |
| United States | 2 | 22% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Fabian Sepulveda | Partner | 0 | https://shizune.co/investors/profile/fabian-sepulveda |
| Todd Wiebusch | Partner | 0 | https://shizune.co/investors/profile/todd-wiebusch |
| Will Cardwell | Managing Partner | 6 | https://shizune.co/investors/profile/will-cardwell |
| Bruce Oreck | Partner | 0 | https://shizune.co/investors/profile/bruce-oreck |
| Dan Newmark | Venture PArtner | 0 | https://shizune.co/investors/profile/dan-newmark |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Rens Original | Rens Original is a manufacturing company. It upcycles post-industrial plastic and spent coffee grounds into finished items. The company offers waterproof sneakers made from coffee. It recycles plastic air intake placed at the heel and sole to increase ventilation and breathability while maintaining waterproof protection. | $3.4M | Seed | Dec 31, 2021 |  |
| Equally | Build engaging games for kids that encourage physical activity, personal development and exploration. Provide parents the data and oversight they need to reward positive behavior. |  | Seed | May 20, 2019 |  |
| Equally | Build engaging games for kids that encourage physical activity, personal development and exploration. Provide parents the data and oversight they need to reward positive behavior. |  | Pre-Seed | Jan 15, 2019 |  |
| Equally | Build engaging games for kids that encourage physical activity, personal development and exploration. Provide parents the data and oversight they need to reward positive behavior. |  | Pre-Seed | Oct 31, 2018 |  |
| Meru Health | Meru Health offers a digital program that helps improve the lives of people living with depression and saves on healthcare costs. It develops and delivers cost-effective, clinically proven, and engaging digital solutions to empower people living with depression.Founded by Kristian Ranta, Albert Nazander, and Riku Lindholm in 2015, Meru Health isheadquartered in San Mateo, California. |  |  | Jun 25, 2018 |  |
| Huoleti | When people are diagnosed with cancer or some other severe illness, they are too often left alone. Because we don’t have tools to stand by. Huoleti finds peers for patients and for their loved ones. It also provides tools to easily get everyday support from your community. Services like Huoleti are an important part of modern social and healthcaresystems. Many of critical care patients get well – but they are left alone. For ever. That’s what we want to change. |  |  | Mar 06, 2017 |  |
| Mightifier | Mightifier helps kids to become masters with their social and emotional skills. Teachers see more positive class atmosphere, less bullying and better focus on learning. |  |  | Nov 29, 2016 |  |
| 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 |  |
| Mightifier | Mightifier helps kids to become masters with their social and emotional skills. Teachers see more positive class atmosphere, less bullying and better focus on learning. | $250K | Seed | Nov 01, 2016 |  |

9 of 9 investments shown.

## Co-investors
- [Anorak Ventures](https://shizune.co/investors/profile/anorak-ventures-2) — VC Fund, 1 deal together
- [Arteel Ventures](https://shizune.co/investors/profile/arteel-ventures) — VC Fund, 1 deal together
- [C2 Ventures](https://shizune.co/investors/profile/c2-ventures) — VC Fund, 1 deal together
- [Endpoint Ventures](https://shizune.co/investors/profile/endpoint-ventures) — VC Fund, 1 deal together
- [IT-Farm](https://shizune.co/investors/profile/it-farm) — VC Fund, 1 deal together
- [Leksell Social Ventures](https://shizune.co/investors/profile/leksell-social-ventures) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
- [Breakthrough Energy Ventures](https://shizune.co/investors/profile/breakthrough-energy-ventures) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
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- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar country
- [Business Finland](https://shizune.co/investors/profile/tekes) — VC Fund
- [Lifeline Ventures](https://shizune.co/investors/profile/lifeline-ventures) — VC Fund
- [Tesi](https://shizune.co/investors/profile/tesi) — VC Fund

## Featured in investor lists
- [Food and Beverage Investors in Finland](https://shizune.co/investors/food-and-beverage-investors-finland)
- [Food and Beverage VC Funds in Finland](https://shizune.co/investors/food-and-beverage-vc-funds-finland)
- [Wellness VC Funds in Finland](https://shizune.co/investors/wellness-vc-funds-finland)
- [Manufacturing VC Funds in Finland](https://shizune.co/investors/manufacturing-vc-funds-finland)
- [EdTech VC Funds in Finland](https://shizune.co/investors/edtech-vc-funds-finland)
- [Education Investors in Finland](https://shizune.co/investors/education-investors-finland)

## FAQ

### What does Courage Ventures Management invest in?

Courage Ventures Management invests primarily in Health Care, Apps and Web3 startups, most often at Seed and Funding Round stage. Most of the 9 investments tracked by Shizune back companies in Finland. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Courage Ventures Management's check size?

Courage Ventures Management typically joins rounds of $250k–$3.4M 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 Courage Ventures Management participates in.

### How do I contact Courage Ventures Management?

Public channels for Courage Ventures Management include the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Courage Ventures Management?

The team at Courage Ventures Management includes Fabian Sepulveda (Partner), Todd Wiebusch (Partner) and Will Cardwell (Managing Partner). The Team section lists each member with their title, investment count and links.

### 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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