Capital 49

We're a Copenhagen-based VC fund that specialises in providing seed funding for outstanding Danish startups. If you think VC is all about money, you’re wrong. We’re here on the mandate of our LPs to back founders that are able to form grand companies that solve some of the most important problems of our time and approx 70% of our portfolio converts to series A, which is well above the European standard among venture funds. We also participate in follow-up funding rounds syndicated with new international VCs. We have existed since 2004 and have raised close to €500M across 4 funds and 1 growth fund.. We raised €140M for our latest fund and have already made our first 11 investments with more to come. We take pride in helping our portfolio companies all the way to exit. We back exceptional Denmark-based founders all the way to exit. More than 70% of our companies convert from seed to Series A, making us one of the best-performing funds in Europe. We’ve made 60 investments, 10 exits and 5 IPOs over the past two decades and have just raised €140M for our next round. Come and grow with us. OUR STAGE: Seed - 12-18 months before Series A or early A-rounds OUR TICKET SIZE: €2-4M initial investment Is this the next category winner? It’s the first and most fundamental question we ask when considering any investment - and it’s why 70% of our investments convert to Series A. We gravitate towards solutions that ride the wave of underlying macro trends with transparency and/or user generated content. Our portfolio contains both consumer and Deep tech but the majority of our investments are within Fintech and SaaS. Actually, we’re the largest Fintech investor in Denmark. So what we really love...Team: Team is the numero uno driving force behind any startup success. For us, the perfect founding team are die hard executors with a bold and ambitious vision. We seek a strong mutual chemistry as - in our experience - it’s the foundation for a great long-term partnership. Early Customer Love: Being a late seed investor implies a true love for initial traction. While initial traction isn’t a guarantee of future success, it says something about your execution power and the initial product-market fit, both of which are important markers for us. Traction isn’t a uniform thing, but to give an example, we typically wouldn’t invest in a SaaS business before it reaches 50 KEUR MRR. Scalable Business: We invest in tech startups with the potential to reshape an industry, category, or vertical within 8-10 years. When investing, we understand that you’re not there yet but we still look for early signs of strong scalability - i.e. profitable repeatability. Timing: Timing (and also a bit of luck) are often key ingredients for success. We need to understand why the market needs your solution now? We love solutions that are built on strong forward-looking macro trends such as transparency, user-generated content, or you tell us. Deep Insights: There’s no ‘one’ way of building a category winner, but they are all rooted in tackling a unique and big problem. This often starts by having experienced the problem first-hand, or through substantial industry experience. We love founders who are extremely nerdy with the problems they solve. They have first-hand experience on the pain of their customers and know where the gain is. What typically makes us fall out of love...Business-to-government (B2G) - selling to the public sector A solution that solves low-priority problems - i.e. must be in top three for customer Solving overly time-bound problems - i.e. the problem becomes less relevant over time Inexperience combined with over confidence Homogenous founder team - though, we have invested in several solo founders 🤔 Not aware of what success demands in terms of organisation, product and commercial expertise Messed up cap table - Let's fix this together With you all the way Since 2004, we’ve made 60 core investments and doubled down on breakout companies like Dixa, Endomondo, Fullrate, Lunar, Templafy, Trustpilot, VEO and Vivino. To date, the companies that we’ve invested in have gone on to raise more than $2.6BN. When we invest, we invest far more than just capital. We know how to stay the course In almost 20 years of investing, we’ve lived through more than a few economic crises. We’ve invested in almost every type of industry and been on almost every type of venture journey. It’s this collective body of experience that is the essence of our value to you as a founder. We know which steps to take, which corners to cut, and when not to panic. A partner all the way to exit. We’re *not* spray and pray. We only ever invest in a few companies per fund and we have the time and money to help you to the finish line. Deep knowledge and a long-term commitment. We and our network of SEED Friends & Family have all been on the growth journey multiple times. We truly understand your business, share your vision, and will be by your side through the ups and downs. We collaborate with our founders on setting a strong board and management team. Someone you can confide in - both on what works and, even more importantly, what does not work. Close to founders. Proximity matters because it helps us build closer relationships with our founders. Plus it gives us the time and opportunity to have physical meetings when needed - some conversations are just easier face2face. The founder to CEO journey. We help the team grow from seed stage founder-centric team to a Series A mature management team (initial growth stage). Shape company for Series A. We re-engineer the process of raising a Series A and work methodically with GTM, metrics, unit economics, and a fundable team. We use our strong local network to help our companies find initial traction and make key hires. Raise next funding round. We have a strong network of international venture funds and we have worked with several of them for years. Furthermore, we have set aside a substantial amount of the fund for follow-on capital to provide you with a solid commitment going into the A round and beyond. Proven track record. Approx 70% of SEED Capital’s portfolio companies convert to series A, which is well above the European standard among venture funds, and a testament to our strategy of only investing in 3-5 new companies per year allowing an experienced team and capital to actually work with and support founders throughout their full journey. Join our #SEEDfamily. At times, the founder journey can be lonely. At other times, it can make you the happiest person on earth. With us, you’re not alone - you’ll be in great and mighty company.

We focus our investments on two areas: capital market investments and corporate direct investments in digital commerce, FinTech, and SaaS. Our capital market investments are entrepreneurial in character, highly liquid, and serve the overarching purpose of maintaining the invested capital in real terms and increasing it with a moderate risk. In doing so, we follow an active management approach with an expanded core satellite strategy and predominantly invest in passive products, such as ETFs in particular. We focus our corporate direct investments on young and rapidly growing companies in the fields of FinTech, SaaS, and digital commerce. We see ourselves as a strategic, active partner working in close cooperation with company management to supervise and promote the development of the business.

We started with the ambition to build the firm where we would want to go work every day. Smash Capital began as our startup. Our culture is extremely entrepreneurial. While our ambition is to build a generational firm and to grow our organization considerably, today we are enjoying the advantages inherent in a small team. We take advantage of our speed, real-time communication and flat organizational structure every day. We are hyper aware of the critical contribution of every member of our core team, and we encourage everyone here to think like an owner. Our founding team includes builders and creators who didn’t love the venture capital “product” we were offered as founders. We approach founders with enormous respect and a bit of awe at the enormity of what they attempt to do - the overwhelming personal stakes, sacrifice, belief and commitment they demonstrate in their life’s work. When most choose touch football, founders choose tackle. We work very hard; the founders we work with work harder. We believe in the power of creative constraints. When brainstorming a list of potential names for the firm, we limited ourselves to one syllable, spelled like it sounds, so a then 7-year-old could say where their parent worked. The inspiration for the name Smash came from the sound of a collision in a comic book: BOOM SMASH POW. We value, respect, and partner daily with the biggest and best-known competitors in our industry. They and we know we are a little different. We know that our most important core competency every day is finding and winning great deals. But we know that our lasting mark is in helping great people and great companies succeed over time. That’s how our investors grade our performance and how we grade ourselves.

We are closely connected with the Tech + Startups Community of 10,000+ Startup Founders, VCs, and Tech Leaders. Launched by Denis Hiller (our GP) in 2023, it’s "the conference that never ends," curating engaging experiences in Miami, Silicon Valley, and remotely around the world. We welcome all pitches and are sector agnostic. However, there are areas of interest due to our Miami and Silicon Valley locations: 1) Agentic AI & SaaS 2) FinTech 3) LatAm Why are we called 1001 VC? 650 + 305 + 46 = 1001 Our fund's name represents bridging 3 key ecosystems.​ 650 - Silicon Valley 305 - Miami 46 - Sweden​ We are a US-based fund with a presence in Miami and Silicon Valley. We have a strong relationship with Startups in Stockholm, Sweden so our name incorporates all 3.

We are a growth investment firm that adopted a unique approach from day one. We raised capital from industry veterans, experienced in building and running some of the world’s most successful companies. Our ability to connect portfolio companies with these key executives continues to be unmatched throughout the industry. To this day, we strive to invest in companies where we can make a meaningful impact and feel privileged to have limited partners who are willing to actively engage and contribute to the success of our companies. How We InvestLead Edge Capital makes investments between $25 million and $300 million in private and public technology companies. At Lead Edge Capital, we specialize in making equity investments in companies where we can leverage our unique network of Limited Partners to drive value across our portfolio. We focus on making minority and buyout investments for the purposes of providing capital for growth, M&A, and liquidity for shareholders. Our flexible investment strategy allows us to partner effectively with companies, General Partners (GPs), and Limited Partners (LPs), crafting capital solutions tailored to the diverse needs of various stakeholders. The Lead Edge 8: A disciplined approach to investing Lead Edge seeks to invest in companies with most of the following criteria: Revenue: $10+ million Growth: 25%+ YoY growth Margins: 70%+ gross margins Profitability: Breakeven or profitable Recurring: SaaS or highly recurring Retention: 90%+ gross retention Customer Base: Diversified customer base Capital Efficiency: Scale relative to cash burn

Five Elms Capital is the ideal partner for leading B2B software companies. Since firm inception in 2007, we have focused exclusively on software investing, building an unmatched network and deep domain expertise. Today, with over $2.4 billion in assets under management and a global team of over 70 investment professionals, we have invested in more than 65 software platforms globally. We invest $10-150+ million in companies with $2-20 million in revenues - minority or majority investments, growth capital, or liquidity for founders and early investors. Ideal partner for founders We specialize in partnering with founder-owned, bootstrapped businesses, working alongside management to accelerate growth and continue to build industry leading businesses. We take partnerships seriously and will work our tails off to help you succeed, but never take ourselves too seriously. Our relaxed, open, and honest working style is one of the reasons we've been successful earning founders' trust and a seat at the table in profitable businesses where additional capital is optional. Anti-Valley approach We love billion dollar outcomes just as much as everyone else, but don't believe in "unicorn or bust". We don't push companies to grow at all costs or raise mega rounds of capital - that mindset increases founder dilution and reduces the landscape of exit scenarios where everyone wins. We like managers to have both significant equity stakes and significant option value as to what outcomes can be a win. B2B Focus We exclusively invest in B2B software companies. This specialization has helped us build an unmatched network and deep domain expertise. Founders can supplement their industry knowledge with our experience in helping accelerate growth, overcoming positive and consistent challenges tied to scale, and de-risking the path to a successful exit for all stakeholders. Resources and value-add Our firm and Operations Support Team has been purpose-built to optimize key functions in a bootstrapped organization (e.g., sales, marketing, finance, recruiting). Our goal is to provide you the resources and expertise to supplement your already successful organization and to assist in more rapidly achieving organizational goals. Culture is crucial Our best performing companies are obsessed with company culture - it's crucial to their success. We have a very simple playbook… great products + great people = great outcomes We hustle Much like the companies we back, we aren't the incumbent behemoth in our industry - we try harder.