Vendep Capital
Vendep Capital is an early-stage venture capital firm based in Espoo, Finland, founded in 2013. The firm specializes in investing in B2B SaaS and B2B marketplaces across the Nordics and Baltics. Vendep focuses on supporting AI-native and AI-first software founders by providing capital, deep SaaS expertise, and hands-on support to help them scale globally. The firm invests in startups at the pre-seed to Series A stages, often acting as the first institutional investor. Vendep recently closed its fourth fund with €80 million to invest in around 20 early-stage SaaS startups. With over €111 milli
Investing activity
Vendep Capital appears in 3 AI deals tracked by the Lounge deals desk, and led 2 of them. The rounds are mostly Seed and Pre-seed, with a median round size of $2M and the largest at $2M. The most recent are SmallClaims (Seed, €2M, Oct 2026), EnforceShield (Seed, €1.7M, Sep 2026) and GitHits (Pre-seed, €1.5M, Jun 2026).
Vendep Capital most often invests alongside FIRSTPICK, Trind, Peter Sarlin and Zach Shelby, and the companies it backs on Lounge are mostly in AI.
Deals
Frequently asked questions about Vendep Capital
What AI companies has Vendep Capital invested in?
Vendep Capital's AI investments include SmallClaims, EnforceShield and GitHits. The 3 rounds on Lounge are listed on this page with amounts, dates and co-investors.
Where is Vendep Capital based?
Vendep Capital is based in Espoo, Finland.
What stage does Vendep Capital invest at?
In the rounds tracked on Lounge, Vendep Capital has invested at Seed and Pre-seed, with a median round of $2M. Vendep Capital led 2 of those rounds.
Who does Vendep Capital co-invest with?
Vendep Capital's most frequent co-investors on Lounge are FIRSTPICK (1 deal), Trind (1 deal), Peter Sarlin (1 deal), Zach Shelby (1 deal) and Jerry Liu (1 deal).
How can founders reach Vendep Capital?
Founders on Lounge can see Vendep Capital's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Vendep Capital to their Investor Pipeline to track the conversation.