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Top 30 Fitness Startup Investors in Finland (May 2026)

The most active venture capital funds and angel investors investing in Finland Fitness startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Finland Fitness startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Gorilla Capital
VC Fund
2 Finland, Estonia, Sweden Pre-Seed, Seed, Series A Software, Information Technology, SaaS $150k–$680k
Inventure
VC Fund
2 Finland, Sweden, Denmark Seed, Series A Software, Information Technology, Health Care $482k–$12M
Fabian Sepulveda
Angel
1 Finland Pre-Seed Fitness, Software, Wellness
Reima Linnanvirta
Angel
1 Finland Seed, Pre-Seed Software, Fitness, Wellness
Sebastian Laine
Angel
1 Finland Pre-Seed Fitness, Software, Wellness
Shamma Raghib
Angel
1 Finland Pre-Seed Fitness, Software, Wellness
Teemu Takala
Angel
1 Finland Pre-Seed Fitness, Software, Wellness
Michael Widenius
Angel
1 Sweden, Finland, United States Series A, Seed Big Data, Software, Mobile $2.2M–$4.5M
Martti Suomela
Angel
1 Finland Pre-Seed Fitness, Software, Wellness
Innovestor
VC Fund
1 Finland, Denmark, Sweden Seed, Series A Software, Health Care, Manufacturing $482k–$4.3M
Mahesh Kumar
Angel
1 Finland Pre-Seed Fitness, Software, Wellness
James Corden
Angel
1 Finland, United States Series A Apps, Mobile, Content
NGP Capital
VC Fund
1 United States, China, India Series B, Series C Software, Mobile, Internet $5M–$50M
Point Nine
VC Fund
1 Germany, United States, France Seed, Series A, Series B Software, SaaS, Internet $800k–$40M
SanomaVentures
VC Fund
1 Finland, The Netherlands Seed, Series A Internet, SEO, Finance $455k–$3M
Wellington Partners
VC Fund
1 Germany, United States, United Kingdom Series A, Series B Health Care, Biotechnology, Medical $3M–$43M
Visionplus
VC Fund
1 Finland, United States, United Kingdom Seed, Series A Software, Information Technology, Internet $75k–$1.1M
Butterfly Ventures
VC Fund
1 Finland, Sweden, Norway Seed, Pre-Seed Health Care, Software, Information Technology $214k–$2M
Conor Venture Partners
VC Fund
1 Finland, United States, Sweden Series A, Series B, Seed Software, Analytics, Semiconductor $1.1M–$15M
Sami Inkinen
Angel
1 United States, Finland Series A, Seed Health Care, Fitness, Medical
Paul Polman
Angel
1 Finland, United States Post-IPO Equity Apps, Mobile, Retail
Business Finland
VC Fund
1 Finland, United States, United Kingdom Seed, Grant Software, Information Technology, SaaS $36k–$3.2M
K5 Global
VC Fund
1 United States, Brazil, Israel Series A, Seed, Series B Software, Information Technology, SaaS $1.5M–$127M
Stefan Lindberg
Angel
1 Finland Seed, Pre-Seed Wellness, Fitness, Software $296k–$430k
Katja Toropainen
Angel
1 Sweden, Finland Pre-Seed Software, iOS, Apps
Finnvera Venture Capital
VC Fund
1 Finland, United States, Switzerland Seed, Series A Software, Health Care, Information Technology $250k–$21M
Verdane
VC Fund
1 Sweden, Norway, Germany Private Equity, Series A E-Commerce, Software, Information Technology $4.4M–$100M
Ilari Kallio
Angel
1 Finland Pre-Seed Fitness, Software, Wellness
Charles Plowden
Angel
1 Finland Apps, Mobile, Content
Torsti Tenhunen
Angel
1 Finland Pre-Seed Fitness, Software, Wellness
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Investor list

Gorilla Capital
VC Fund · 2 investments in Finland Fitness startups

Gorilla Capital is a Finnish venture capital fund investing in early stage companies that apply technology to solve real business problems of today.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Finland, Estonia, Sweden

Investor stats

  • Total investments: 43
  • Round size: Seed $268k–$536k; Pre-Seed $150k–$680k
  • Lead/follow: 70% lead, 30% follow
  • Last fund: May invest from a new fund soon — raised $16M in 2017

Portfolio highlights

  • 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.
  • Upsy Company — Discover Upsy, the AI-powered online shopping assistant designed to transform your webshop into a sales powerhouse. Boost your conversion rates, improve customer service, and amplify your online sales with Upsy's innovative features today
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Inventure
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Finland Fitness startups, 6 in the past 12 months

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

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Series A
  • Geography: Finland, Sweden, Denmark

Investor stats

  • Total investments: 138
  • Round size: Seed $482k–$3M; Series A $1.1M–$12M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — raised $154M in 2022

Portfolio highlights

  • Haltian — End-to-end IoT solutions and world-glass product design services from Haltian
  • Commsignia — Commsignia specializes in the research and development, manufacturing and distribution of cooperative intelligent transportation systems. Its product line includes a V2X Communication Software Stack and Commsignia’s own security stack implementation, Hybrid V2X/ADAS Safety Applications, a V2X Simulator, On-Board Units (OBU) and Roadside Units(RSU).The company was founded in 2012 and is headquartered in Santa Clara, California.
  • Value.Space — Space based risk assessments & monitoring
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Fabian Sepulveda
Angel · 1 investments in Finland Fitness startups

Fabian Sepulveda

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Investment focus

  • Industry: Fitness, Software, Wellness
  • Stage:Pre-Seed
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities
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Reima Linnanvirta
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Fitness startups

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

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Investment focus

  • Industry: Software, Fitness, Wellness
  • Stage:Seed, Pre-Seed
  • Geography: Finland

Investor stats

  • Total investments: 2
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • 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.
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Sebastian Laine
Angel · 1 investments in Finland Fitness startups

Sebastian Laine

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Investment focus

  • Industry: Fitness, Software, Wellness
  • Stage:Pre-Seed
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities
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Shamma Raghib
Angel · 1 investments in Finland Fitness startups

Shamma Raghib

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Investment focus

  • Industry: Fitness, Software, Wellness
  • Stage:Pre-Seed
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities
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Teemu Takala
Angel · 1 investments in Finland Fitness startups

Teemu Takala

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Investment focus

  • Industry: Fitness, Software, Wellness
  • Stage:Pre-Seed
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities
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Michael Widenius
Angel · Tuusula, Southern Finland, Finland · 1 investments in Finland Fitness startups

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.

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Investment focus

  • Industry: Big Data, Software, Mobile
  • Stage:Series A, Seed
  • Geography: Sweden, Finland, United States

Investor stats

  • Total investments: 7
  • Round size: Series A $2.2M–$4.5M
  • Lead/follow: 14% lead, 86% follow

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.
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Martti Suomela
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Fitness startups

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

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Investment focus

  • Industry: Fitness, Software, Wellness
  • Stage:Pre-Seed
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities
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Innovestor
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Fitness startups

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

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Investment focus

  • Industry: Software, Health Care, Manufacturing
  • Stage:Seed, Series A
  • Geography: Finland, Denmark, Sweden

Investor stats

  • Total investments: 49
  • Round size: Seed $482k–$4.3M; Series A $750k–$3.2M
  • Lead/follow: 76% lead, 24% follow
  • Last fund: May invest from a new fund soon — raised $32M in 2020

Portfolio highlights

  • SynergyXR — SynergyXR is a no-code, cloud platform that lets companies design, onboard, sell, and support across all XR devices without writing a single line of code
  • HVR Cardio — HVR Cardio Transformative Mitral Valve Repair Solutions The Future of Mitral Valve Repair Our mission is to develop solutions for mitral valve interventions that are faster, easier to use, and less invasive without compromising clinical efficacy. About HVR Cardio Utilization of new technologies and less...
  • 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.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Mahesh Kumar
Angel · 1 investments in Finland Fitness startups

Mahesh Kumar

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Investment focus

  • Industry: Fitness, Software, Wellness
  • Stage:Pre-Seed
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities
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James Corden
Angel · London, England, United Kingdom · 1 investments in Finland Fitness startups

James Corden

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Investment focus

  • Industry: Apps, Mobile, Content
  • Stage:Series A
  • Geography: Finland, United States

Investor stats

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

Portfolio highlights

  • Hintsa — Discover a better you, with methods proven in Formula 1 and Fortune 500.
  • 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.
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NGP Capital
VC Fund · Palo Alto, California, United States · 1 investments in Finland Fitness startups

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

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Investment focus

  • Industry: Software, Mobile, Internet
  • Stage:Series B, Series C
  • Geography: United States, China, India

Investor stats

  • Total investments: 143
  • Round size: Series B $10M–$35M; Series C $5M–$50M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Akeyless Security — Akeyless Vault platform built to secure IT and DevOps resources, credentials, and access, on hybrid cloud and legacy environments.
  • ANYbotics — ANYbotics provides autonomous legged robots for industrial applications to provide high availability and reliability in automated routine inspections.
  • Summit Nanotech — Summit Nanotech innovates direct lithium extraction (DLE) processes to economically and sustainably unlock lithium resources globally.
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Point Nine
VC Fund · Berlin, Berlin, Germany · 1 investments in Finland Fitness startups, 10 in the past 12 months

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.

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Investment focus

  • Industry: Software, SaaS, Internet
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United States, France

Investor stats

  • Total investments: 214
  • Round size: Seed $800k–$4M; Series A $1.6M–$24M; Series B $6M–$40M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $193M in 2022

Portfolio highlights

  • Sereact — Discover the world's easiest pick-and-pack automation solution. Significant cost savings, productive 24/7, deployment in one day and no training required.
  • Grasp — Grasp mission is to increase the rate at which humans learn.
  • Amperecloud — ampere.cloud is Renewables & Environment company
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SanomaVentures
VC Fund · Hoofddorp, Noord-Holland, The Netherlands · 1 investments in Finland Fitness startups

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.

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Investment focus

  • Industry: Internet, SEO, Finance
  • Stage:Seed, Series A
  • Geography: Finland, The Netherlands

Investor stats

  • Total investments: 5
  • Round size: Seed $455k–$3M
  • Lead/follow: 0% lead, 100% follow

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.
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Wellington Partners
VC Fund · Munich, Bayern, Germany · 1 investments in Finland Fitness startups

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.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Series A, Series B
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 172
  • Round size: Series A $3M–$28M; Series B $6.7M–$43M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Nosto — Use Powerful Personalization Made Easy on e-Commerce Platforms. Nosto generates a 10-30% Average Increase in Revenue.
  • 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.
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Visionplus
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Fitness startups

WE HELP YOU TO GROW FASTER!

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Series A
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 74
  • Round size: Seed $75k–$1.1M
  • Lead/follow: 16% lead, 84% follow

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
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Butterfly Ventures
VC Fund · Oulu, Oulu, Finland · 1 investments in Finland Fitness startups

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.

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Investment focus

  • Industry: Health Care, Software, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Sweden, Norway

Investor stats

  • Total investments: 69
  • Round size: Seed $214k–$2M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Reactional Music — GESTRUMENT is the revolutionary gesture based instrument.
  • EmbeDL — Efficient Deep Learning for Embedded Systems
  • Retein — Aquammodate is a greentech company that produces highly pure water at minimum energy cost.
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Conor Venture Partners
VC Fund · Espoo, Southern Finland, Finland · 1 investments in Finland Fitness startups

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.

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Investment focus

  • Industry: Software, Analytics, Semiconductor
  • Stage:Series A, Series B, Seed
  • Geography: Finland, United States, Sweden

Investor stats

  • Total investments: 42
  • Round size: Seed $1.1M–$2.5M; Series A $3M–$11M; Series B $2.5M–$15M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $60M in 2010

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.
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Sami Inkinen
Angel · San Francisco, California, United States · 1 investments in Finland Fitness startups

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.

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Investment focus

  • Industry: Health Care, Fitness, Medical
  • Stage:Series A, Seed
  • Geography: United States, Finland

Investor stats

  • Total investments: 6
  • Lead/follow: 0% lead, 100% follow

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.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Paul Polman
Angel · London, England, United Kingdom · 1 investments in Finland Fitness startups

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.

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Investment focus

  • Industry: Apps, Mobile, Retail
  • Stage:Post-IPO Equity
  • Geography: Finland, United States

Investor stats

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

Portfolio highlights

  • Hintsa — Discover a better you, with methods proven in Formula 1 and Fortune 500.
  • Grove Collaborative — Launched in 2016 as a Certified B Corp, Grove Collaborative is transforming consumer products into a positive force for human and environmental good. Grove creates and curates high-performing, planet-first products across household cleaning, personal care, laundry, clean beauty, and pet, serving millions of households across the U.S. The Grove Co.brand helped create the zero-waste home care category and continues to be the market leader. Every item Grove offers, from both brands they craft — like their flagship brand Grove Co., plastic-free personal care line Peach, and clean skincare brand Superbloom — and from exceptional third-party brands, has been thoroughly vetted against strict standards for clean ingredients, efficacy, sustainability, cruelty-free formulas, and ethical supply chain practices. Grove, a public benefit corporation, is on a mission to move Beyond Plastic. Grove is the first plastic neutral retailer in the world and is committed to being 100% plastic-free by 2025. For more information, visit grove.co/beyondplastic.
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Business Finland
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Finland Fitness startups, 15 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, Information Technology, SaaS
  • Stage:Seed, Grant
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 137
  • Round size: Seed $107k–$3.2M; Grant $36k–$2.8M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Fixably — Fixably is the repair management solution to seamlessly connect all users, from the end customer to the technician, and all repair systems within your service business.
  • Valosan — Scale your international PR into any local market. With Valosan, you connect with PR specialists in local markets and pitch your story to real journalists
  • Vensum Power — Revolutionizing power conversion. More power in same package, less energy waste and low maintenance.
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K5 Global
VC Fund · Los Angeles, California, United States · 1 investments in Finland Fitness startups

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.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Series A, Seed, Series B
  • Geography: United States, Brazil, Israel

Investor stats

  • Total investments: 50
  • Round size: Seed $1.5M–$6M; Series A $13M–$87M; Series B $45M–$127M
  • Lead/follow: 2% lead, 98% follow

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.
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Stefan Lindberg
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Fitness startups

Stefan Lindberg is co-owner of YSUB.

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Investment focus

  • Industry: Wellness, Fitness, Software
  • Stage:Seed, Pre-Seed
  • Geography: Finland

Investor stats

  • Total investments: 3
  • Round size: Seed $296k–$430k
  • Lead/follow: 0% lead, 100% follow

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.
  • Taimi.love — Taimi manufactures optimized nutrients for a balanced life.
  • StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities
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Katja Toropainen
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Fitness startups

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.

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Investment focus

  • Industry: Software, iOS, Apps
  • Stage:Pre-Seed
  • Geography: Sweden, Finland

Investor stats

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

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
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Finnvera Venture Capital
VC Fund · Kuopio, Eastern Finland, Finland · 1 investments in Finland Fitness startups

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.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Series A
  • Geography: Finland, United States, Switzerland

Investor stats

  • Total investments: 85
  • Round size: Seed $250k–$1.4M; Series A $1.7M–$21M
  • Lead/follow: 13% lead, 87% follow

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.
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Verdane
VC Fund · Oslo, Oslo, Norway · 1 investments in Finland Fitness startups, 8 in the past 12 months

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

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Investment focus

  • Industry: E-Commerce, Software, Information Technology
  • Stage:Private Equity, Series A
  • Geography: Sweden, Norway, Germany

Investor stats

  • Total investments: 117
  • Round size: Series A $4.4M–$28M; Private Equity $10M–$100M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Blinto — Blinto offers an online auction platform that offers both sellers and buyers the opportunity to meet via a complete online auction service. The products primarily auctioned on its websites are construction machines, commercial vehicles, and tools.
  • Verified — Verified specializes in providing services for electronic signing, identification, anti-money laundering and API integration solutions.
  • Urban Volt — UrbanVolt makes sustainability easy via our unique light as a service model. They retrofit commercial premises with led lighting for no upfront cost. Their unique light as a service business model allows their clients to enjoy cash and energy savings from the moment of installation. They created this company and capex-free model because theybelieve businesses should not bear the financial risk of energy reduction projects. Their commitment to maintaining light fittings makes sustainability easy.
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Ilari Kallio
Angel · 1 investments in Finland Fitness startups

Ilari Kallio

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Investment focus

  • Industry: Fitness, Software, Wellness
  • Stage:Pre-Seed
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities
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Charles Plowden
Angel · New Edinburg, Arkansas, United States · 1 investments in Finland Fitness startups

Charles Plowden is a Retired considering options at Baillie Gifford.

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Investment focus

  • Industry: Apps, Mobile, Content
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Hintsa — Discover a better you, with methods proven in Formula 1 and Fortune 500.
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Torsti Tenhunen
Angel · Helsinki, Southern Finland, Finland · 1 investments in Finland Fitness startups

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

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Investment focus

  • Industry: Fitness, Software, Wellness
  • Stage:Pre-Seed
  • Geography: Finland

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • StepOut.pro — A digital platform for fitness & wellness freelancers to streamline their business activities
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Fitness Investor funding in Finland at a glance

Stats across 15 deals from 31 investors.

31
investors
in Finland Fitness startups
15
deals
in Finland Fitness startups
$630k
median round
in Finland Fitness startups
19%
lead investors
lead at least one round
40%
Seed
most common funding stage
48/52
VC / Angel
share of investor count

Access all 31 investors in Finland Fitness startups.

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