Predict your next investment

Venture Capital
creandum.com

See what CB Insights has to offer

Investments

224

Portfolio Exits

43

Funds

8

About Creandum

Creandum is a Nordic venture capital firm investing in early-stage technology companies. The firm has 120 million Euros under management. All investment professionals at Creandum has started companies or been part of successful startups.

Creandum Headquarters Location

Jakobsbergsgatan 18

Stockholm, 103 86,

Sweden

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Creandum

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Creandum in 2 Expert Collections, including Store management tech (In-store retail tech).

S

Store management tech (In-store retail tech)

55 items

Startups aiming work with retailers to improve brick-and-mortar retail operations.

F

Fitness Tech

227 items

We define fitness tech as companies leveraging software and technology to augment approaches to developing or maintaining physical fitness. Companies in this category develop tools and services including workout apps, wearables, and connected fitness equipment.

Research containing Creandum

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Creandum in 2 CB Insights research briefs, most recently on Jun 9, 2021.

Latest Creandum News

Rapidly Growing Startup SEON Raises $94M

Aug 8, 2022

SEON, a rapidly growing startup that fights against fraud and cybercrime, raised $94 million in Series B funding led by IVP, with existing investors Creandum and PortfoLion also participating. This funding – announced in April 2022 – has followed the previous Series A funding , where they managed to raise $12 million from Creandum, a venture capital firm, and PortfoLion, part of OTP Bank. This capital is to be used to expand SEON’s presence to North America, LATAM, and the APAC region and open them a way to become the global market leader in the area of online fraud prevention. Growing risk of online dangers Fraud is no longer an unfamiliar concept we hear about in the news or in the movies; it has become a permanent part of our lives. There is no individual, business, or organization with an online presence that is not in danger of fraudsters and cybercriminals exploiting it for their benefit. With the development of the internet and significant growth in online presence in both individuals and businesses, the dangers will only continue to grow exponentially. The biggest problem with the increasing risk of online threats is that no one is safe. Fraudsters don’t discriminate against their victims and will attack just about any business sector, from finance, health care, gaming, e-commerce to many others. While all business sectors are in danger, the truth is that any business dealing with payment information is at greater risk. They present a double gain for fraudsters that can get their hands on confidential information while stealing money. As a result companies like SEON have started providing credit card fraud detection to tackle this issue. Fraudsters are constantly trying to come up with new, more sophisticated attacks that are getting even harder to discover and prevent, especially for businesses that do not have adequate protection strategies in place. If you want to have a successful business and maintain a positive relationship with your clients, having a weak or nonexistent cybersecurity strategy is no longer an option. Just remember, fraudulent attempts can have even worse consequences than fraudsters stealing your money, and they will cause long-term damage. Possible consequences of fraudulent attacks on businesses  Money loss in revenue Loss of future businesses relationships If the company wants to stay in business, it is essential to stop the fraudsters before they can cause this damage. This funding will not only help SEON expand globally, but it will also help make the internet a safer place for everyone. How did this all start? It all started when two students, Tamas Kadar and Bence Jendruszak, met at the Corvinus University of Budapest. They quickly became friends and discovered their shared interest in cryptocurrency, which inspired them to start a crypto exchange for Central and Eastern Europe (CEE), their first joint venture. Even though their idea was innovative and destined for success, fraudsters ensured it didn’t happen. From the moment their crypto exchange went live, fraudsters started coming up with ways of exploiting it. Having to deal with constant fraudulent attempts, they begin to wonder about fraud prevention. While there were some fraud prevention companies available, they weren’t a right fit for them as they couldn’t adapt to the requirements of high-risk businesses such as gaming, gambling, or crypto exchange. Once Tamas and Bence discovered the lack of fraud prevention solutions, they decided to do something about it and created their own. Soon, the story about the effectiveness of their fraud management solution spread among businesses in similar situations prompting them to start SEON. And, as it seems, they were on the right track, as today they have over 5,000 customers worldwide and offices in London, Budapest, Jakarta, and Austin, with additional plans of expanding with the help of the Series B funding. Currently they cater to clients from different sectors, from crypto or gaming to financial institutions and eCommerce businesses, with their client list including Patreon, Revolut, NuBank, Ladbrokes, and airlines such as AirFrance and KLM. With the help of the funding, they hope to reach even more clients and bring them effective but budget-friendly fraud prevention solutions. How can we make the online world a safer place? Due to their own experience with a crypto exchange, their founders know how important it is for a fraud prevention strategy to be the right fit for a company. It is not a one-size-fits-all solution; instead, it needs to be flexible and adapt to various requirements different businesses will have. Businesses provide different services and target different customers. Why would we assume they will all face the same online dangers, especially in this modern age where malicious actors constantly come up with new sophisticated methods? According to Mcafee , there are 480 new high-tech threats being introduced every minute, and it is time we put an end to it. Companies need to start taking proactive steps to fight against this growing threat, and implementing effective fraud prevention solutions is the first one. This allows businesses to protect themselves by providing them with a flexible yet accessible fraud prevention solution that uses machine learning and artificial intelligence to work in real-time. It is no wonder they have managed to become the world’s fastest-growing fraud prevention company. They create their fraud prevention strategy by utilizing various fraud prevention tools to get the best results and to ensure every company finds the best fit for them and their risk level. By using data enrichment, device and browser fingerprinting, email and social media lookup tools, and other methods they have in their arsenal, they can provide real-time fraud prevention that causes zero user friction. This also ensures that the company implementing these solutions can concentrate on growing the business instead of worrying about where the next attack will come. Fraud prevention is no longer something only the big players on the market can afford. SEON’s accessible fraud prevention tools ensure that every company, regardless of its size, can find an effective strategy to protect itself and its clients from the increasing risk of malicious actors.

Creandum Investments

224 Investments

Creandum has made 224 investments. Their latest investment was in Better Stack as part of their Series A on July 7, 2022.

CBI Logo

Creandum Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/21/2022

Series A

Better Stack

$18.6M

Yes

2

7/21/2022

Series D - III

Kry

No

4

7/7/2022

Series C

YuLife

$120M

No

25

6/30/2022

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

6/15/2022

Series B

Subscribe to see more

$99M

Subscribe to see more

10

Date

7/21/2022

7/21/2022

7/7/2022

6/30/2022

6/15/2022

Round

Series A

Series D - III

Series C

Seed VC

Series B

Company

Better Stack

Kry

YuLife

Subscribe to see more

Subscribe to see more

Amount

$18.6M

$120M

$99M

$99M

New?

Yes

No

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

2

4

25

10

10

Creandum Portfolio Exits

43 Portfolio Exits

Creandum has 43 portfolio exits. Their latest portfolio exit was Good Monday on March 23, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

3/23/2022

Acquired

$99M

2

3/2/2022

Acquired

$99M

2

2/7/2022

Acquired

$99M

6

2/2/2022

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

1/31/2022

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

3/23/2022

3/2/2022

2/7/2022

2/2/2022

1/31/2022

Exit

Acquired

Acquired

Acquired

Acquired

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

2

2

6

10

10

Creandum Fund History

8 Fund Histories

Creandum has 8 funds, including Creandum VI.

Closing Date

Fund

Fund Type

Status

Amount

Sources

3/1/2022

Creandum VI

$500M

3

6/24/2019

Creandum V

Subscribe to see more

Subscribe to see more

$99M

10

2/1/2016

Creandum IV

Subscribe to see more

Subscribe to see more

$99M

10

5/7/2013

Creandum IIII

Subscribe to see more

Subscribe to see more

$99M

10

2/7/2007

Creandum II

$99M

10

Closing Date

3/1/2022

6/24/2019

2/1/2016

5/7/2013

2/7/2007

Fund

Creandum VI

Creandum V

Creandum IV

Creandum IIII

Creandum II

Fund Type

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$500M

$99M

$99M

$99M

$99M

Sources

3

10

10

10

10

Creandum Team

6 Team Members

Creandum has 6 team members, including current General Partner, Johan Brenner.

Name

Work History

Title

Status

Stefan Lindeberg

Nordic Game Ventures, ZeroPoint Technologies, Conor Venture Partners, Microsoft, Cisco, Network Systems, and IBM

Founder

Current

Johan Brenner

General Partner

Current

Fredrik Cassel

General Partner

Current

Carl Fritjofsson

Dija, 500 Global, AdProfit, and BearingPoint

General Partner

Current

Staffan Helgesson

General Partner

Current

Name

Stefan Lindeberg

Johan Brenner

Fredrik Cassel

Carl Fritjofsson

Staffan Helgesson

Work History

Nordic Game Ventures, ZeroPoint Technologies, Conor Venture Partners, Microsoft, Cisco, Network Systems, and IBM

Dija, 500 Global, AdProfit, and BearingPoint

Title

Founder

General Partner

General Partner

General Partner

General Partner

Status

Current

Current

Current

Current

Current

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.