# Rite Ventures: portfolio, investments and team

> Rite Ventures is a vc firm based in Sweden. 12 investments on record, latest Dec 2014. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/rite-ventures (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Investor](https://millionrounds.com/investors)

# Rite Ventures

Last cheque observed Dec 2014. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet VC firm

Seed Series A Subscription SaaS Recurring

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 12 on record

Since the last cheque **4323** days **00** hrs **00** min **00** sec

Median round **$185K** Rounds led **0 of 12** Sole investor **11 rounds** Exits **1 from the portfolio** Mostly in **Sweden, 67%**

Pitch Rite Ventures

## Rite Ventures highlights

- 01 12 rounds on record
- 02 Mostly Venture: 100% of its rounds
- 03 Sole investor in 11 rounds, median undisclosed
- 04 1 exits from the portfolio

## What they do

> Investing our own funds makes us independent from external stakeholders. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A
- **Sectors:** Subscription SaaS Recurring
- **Based in:** Stockholm, Sweden
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **12 appearances**

- **2014** 4 rounds
- **Dec** **[Modular Finance](https://millionrounds.com/company/modular-finance)** Venture · SE **Undisclosed** Sole investor
- **Dec** **[Mathem](https://millionrounds.com/company/mathem)** Venture · SE **Undisclosed** Sole investor
- **Dec** **[Innohome](https://millionrounds.com/company/innohome)** Venture · FI **Undisclosed** Sole investor
- **Apr** **[Skincity](https://millionrounds.com/company/skincity)** Venture **Undisclosed** Sole investor
- **2010** 1 round
- **Dec** **[Omni Partners](https://millionrounds.com/company/omni-partners)** Venture **Undisclosed** Sole investor
- **2009** 2 rounds
- **Nov** **[Verkkokauppa.com](https://millionrounds.com/company/verkkokauppa-com)** Venture · FI **Undisclosed** Sole investor
- **Apr** **[Frank Dandy](https://millionrounds.com/company/frank-dandy)** Venture **Undisclosed** Sole investor
- **2008** 3 rounds
- **Sept** **[24 Media Network](https://millionrounds.com/company/24-media-network)** SE · dagensmedia.se **$185K** With 1 other
- **Mar** **[KliKKi](https://millionrounds.com/company/klikki)** Venture · SE **Undisclosed** Sole investor
- **Mar** **[Nyheter24-Gruppen](https://millionrounds.com/company/nyheter24-gruppen)** Venture · SE **Undisclosed** Sole investor
- **2007** 2 rounds
- **Dec** **[NORM](https://millionrounds.com/company/norm)** Venture · SE **Undisclosed** Sole investor
- **May** **[Nebula](https://millionrounds.com/company/nebula)** Venture · FI **Undisclosed** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **8** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What they claim to have backed

From their own portfolio page (on their website)

**2** of 15 we have independently watched raise

[Innohome](https://millionrounds.com/company/innohome)[Modularfinance](https://millionrounds.com/company/modular-finance) 1080motion Kamerastore Lemonsoft Leoni-studio Nellygroup Puhdistamo Qliro Savotta Softhaven Sportfiskeprylar Wpseoai Yeppo cdon.se

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[KliKKi](https://millionrounds.com/company/klikki)** Bought by Nordic Morning **Undisclosed** Jun 2012

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series A

Median round joined **$185K** the round, not its cheque Alone, median **-**

Led 0 of 12 rounds **0%**

- **Sole investor:** 11 rounds
- **Last cheque:** Dec 2014
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Venture *11*
- Seed said *-*
- Series A said *-*

Cheques by year Led Joined

2007 2014

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## Quick answers about Rite Ventures

### What does Rite Ventures invest in?

Rite Ventures invests most often at Venture (100% of the rounds on record), in sectors such as Subscription, SaaS and Recurring.

### How active is Rite Ventures?

12 investments on record, 0 of them in the last 12 months. The most recent was in Dec 2014.

### How big are Rite Ventures's cheques?

The median round it joins is $185K.

### Does Rite Ventures lead rounds?

Rarely, if at all: none of its 12 investments on record names it as the lead.

### Where does Rite Ventures invest?

Most of the companies it backs are in Sweden (67%) and Finland (33%).

### Is Rite Ventures investing now?

No investments in the last 12 months; the latest was in Dec 2014.

### What kind of investor is Rite Ventures?

Rite Ventures is a VC firm based in Stockholm, Sweden.

### When was Rite Ventures founded?

Rite Ventures was founded in 2007.

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