# Enterprise Software investors in Sweden (2026 list)

> 14 enterprise Software investors in Sweden, 93% active in the last 12 months. Led by Angel Invest, Lakestar, Passion Capital. Ranked by what they funded.

Source: https://millionrounds.com/lists/enterprise-software-investors-in-sweden (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Enterprise Software investors in Sweden

Updated 7 November 2026

Firms observed backing an enterprise Software company in Sweden in the last two years, wherever the firm is based.

[See all 14 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fenterprise-software-investors-in-sweden)The top 14

**14** investors on the list No change this week

**137** cheques in 12 months *+14%* against the market

**$6M** median round they joined *-25%* against the market median

**93%** wrote a cheque in 12 months

**43%** have led a round

## The Top 14

Ordered by cheques observed, never by anything anyone paid for

Deploying now (13)

- 1 [Angel Invest](https://millionrounds.com/fund/angel-invest) *Deploying now* VC firm · Germany **282** **$1.5M** median round **Nov 2026** last seen
- 2 [Lakestar](https://millionrounds.com/fund/lakestar) *Deploying now* VC firm · Switzerland **168** **$18M** median round **Oct 2026** last seen
- 3 [Passion Capital](https://millionrounds.com/fund/passion-capital) *Deploying now* VC firm · United Kingdom **116** **$6.5M** median round **Nov 2026** last seen
- 4 [Baird Capital](https://millionrounds.com/fund/baird-capital) quiet Wealth manager · United States **78** **$25M** median round **Sept 2025** last seen
- 5 [J12 Ventures](https://millionrounds.com/fund/j12) *Deploying now* VC firm · Sweden **33** **$3M** median round **Sept 2026** last seen
- 6 [Vendep Capital](https://millionrounds.com/fund/vendep-capital) *Deploying now* VC firm · Finland **33** **$3.1M** median round **Nov 2026** last seen
- 7 [Plural](https://millionrounds.com/fund/plural) *Deploying now* VC firm · United Kingdom **27** **$43M** median round **Nov 2026** last seen
- 8 [Kevin Ryan](https://millionrounds.com/fund/kevin-ryan) *Deploying now* VC firm · United States **8** **$14M** median round **Mar 2026** last seen
- 9 [Araya Ventures](https://millionrounds.com/fund/araya-ventures) *Deploying now* VC firm · United Kingdom **7** **$5.5M** median round **Nov 2026** last seen
- 10 [BlackWood Ventures](https://millionrounds.com/fund/blackwood-ventures) *Deploying now* VC firm · Denmark **4** **$3.5M** median round **Nov 2026** last seen
- 11 [BASELINE](https://millionrounds.com/fund/baseline) *Deploying now* VC firm · United States **1** **$1.6M** median round **Nov 2026** last seen
- 12 [ByFounders Angel Collective](https://millionrounds.com/fund/byfounders-angel-collective) *Deploying now* VC firm **1** **$1.6M** median round **Nov 2026** last seen
- 13 [Denise Persson](https://millionrounds.com/fund/denise-persson) *Deploying now* Angel **1** **$30M** median round **Mar 2026** last seen
- 14 [Emil Eifrem](https://millionrounds.com/fund/emil-eifrem) *Deploying now* Angel **1** **$30M** median round **Mar 2026** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Claimlane](https://millionrounds.com/company/claimlane)** Series A · $6.3M *With* [Vendep Capital](https://millionrounds.com/fund/vendep-capital)
- **4** Nov **[Juritas](https://millionrounds.com/company/juritas)** Pre-seed · $1.6M *Led by* [Passion Capital](https://millionrounds.com/fund/passion-capital)
- **2** Nov **[Hypersonica](https://millionrounds.com/company/hypersonica)** Series B · $112M *With* [Plural](https://millionrounds.com/fund/plural)
- **30** Oct **[Ares Intelligence](https://millionrounds.com/company/ares-intelligence)** Seed · $3.2M *With* [Lakestar](https://millionrounds.com/fund/lakestar)
- **29** Oct **[Ravical](https://millionrounds.com/company/ravical)** Seed · $17M *With* [Lakestar](https://millionrounds.com/fund/lakestar)
- **27** Oct **[Querio](https://millionrounds.com/company/querio)** $5M *With* [Araya Ventures](https://millionrounds.com/fund/araya-ventures)

## Stages This Year

127 rounds

- Seed **35%**
- Series A **20%**
- Pre-seed **16%**
- Venture **13%**
- Series C **4%**
- Other **13%**

## What They Backed

Sectors, last 12 months

- AI **56**
- Fintech **10**
- Energy **8**
- Defence Tech **7**
- Financial Services **7**
- Healthcare **6**

## Cheques by Quarter

Led Joined

34 Q1 25

30 Q2 25

36 Q3 25

30 Q4 25

51 Q1 26

29 Q2 26

27 Q3 26

15 Q4 26

The last bar is the quarter still running.

## Lists Like This

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- [AI investors in United Kingdom 1,039](https://millionrounds.com/lists/ai-investors-in-united-kingdom)
- [Big Data & Analytics investors in United States 1,039](https://millionrounds.com/lists/big-data-investors-in-united-states)
- [Biotech investors in United States 914](https://millionrounds.com/lists/biotech-investors-in-united-states)
- [Energy investors in United States 798](https://millionrounds.com/lists/energy-investors-in-united-states)
- [Robotics investors in United States 797](https://millionrounds.com/lists/robotics-investors-in-united-states)
- [Construction investors in United States 742](https://millionrounds.com/lists/construction-investors-in-united-states)
- [Cybersecurity investors in United States 702](https://millionrounds.com/lists/cybersecurity-investors-in-united-states)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in b2b software and saas

- Lean B2B: Build Products Businesses Want Étienne Garbugli · 2014 4.16 from 249 ratings on Goodreads B2B software and SaaS About the book www.leanb2bbook.com « This is a must read for every B2B entrepreneur, SaaS creator or consultant and business school student. It's the kind of book you don't read once, you go back to it on a regular basis. » - Carmen Gerea, CEO & Co-founder, UsabilityChefs Lean B2B helps… On AmazonListen on Audible
- The Pricing Roadmap: How to Design B2B SaaS Pricing Models That Your Customers Will Love Ulrik Lehrskov-Schmidt · 2023 4.43 from 207 ratings on Goodreads B2B software and SaaS About the book "The definitive resource on SaaS pricing, I absolutely can not recommend this book enough." Viktor Heide, COO of Contractbook.com, Forbes "30 under 30" A foolproof method to achieve skyrocketing sales, growth, and profits for your software as a service (SaaS) product starts… On AmazonListen on Audible
- Integrity: The Courage to Meet the Demands of Reality Henry Cloud · 2006 4.22 from 3,393 ratings on Goodreads B2B software and SaaS About the book Integrity. It is more than simple honesty. It's the key to success. A person with integrity has the -- often rare -- ability to pull everything together, to make it all happen no matter how challenging the circumstances. Drawing on experiences from his work with Fortune 500… On AmazonListen on Audible
- Blueprints for a SaaS Sales Organization by Jacco vanderKooij Jacco van der Kooij · 2015 4.33 from 324 ratings on Goodreads B2B software and SaaS About the book Because of their very nature, SaaS companies live and die on revenue growth. And once the service is ready there is a very small window in which to scale. Missing that window is the difference between massive success and mediocrity. With such high stakes, it is crucial to get a… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&model=b2b_software).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about enterprise Software investors in Sweden

### Who are the most active enterprise Software investors in Sweden?

By cheques observed, the most active are Angel Invest, Lakestar, Passion Capital, Baird Capital and J12 Ventures.

### How many enterprise Software investors in Sweden are there?

14 are on record. 93% made an investment in the last 12 months and 43% have led a round.

### Which stages do enterprise Software investors in Sweden back?

Of the rounds with a named stage in the last 12 months, mostly Seed (42%) and Series A (24%).

### How big are the rounds enterprise Software investors in Sweden join?

The typical (median) round among the leading investors here is $6.5M.

### Which sectors do enterprise Software investors in Sweden back most?

In the last 12 months, mostly AI, Fintech and Energy.

### Which enterprise Software investors in Sweden lead the most rounds?

Plural (16 led), Lakestar (8 led) and Passion Capital (4 led).

### Where are enterprise Software investors in Sweden based?

Among the most active, most are based in the United Kingdom (3), the United States (3) and Germany (1).

### What have enterprise Software investors in Sweden invested in recently?

Recent rounds include Claimlane (Series A, Nov 2026, with Vendep Capital), Juritas (Pre-seed, Nov 2026, with Passion Capital) and Hypersonica (Series B, Nov 2026, with Plural).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)