Rite Ventures

Rite Ventures is a private venture capital fund that invests in Swedish and Finnish companies within the fields of IT-services, Software as a Service, and e-commerce. Rite acts as an active investor supporting companies from growth stage to the point of mid-market.
Type VC
Website riteventures.com

Investment info

Invests in
Growth and expansion
Investment range
€ 0,5 - 1M
€ 1 - 5M
€ > 5M
Primary markets
Marketplace
Investing in countries
Denmark, Finland, Norway, Sweden

Focus areas

IT & Software
IT & Software
Marketplace & eCommerce
Marketplace & eCommerce
Telecommunications
Telecommunications

Investments

Salesbox - #1 Sales tool

OS

Orange Sky

SS

Söder Sportfiske

P

Puhdistamo

M

Mylab

QG

Qliro Group

L

Lemonsoft

D

Doro

See all 10 investments

Key people

CH
Managing Partner & Co-Found

Christoffer Häggblom

JS
Partner

Josephine Salenstedt

Invests in SDGs

sdg

More about Rite Ventures

To secure a deep level of knowledge and a large network of industrial experts, Rite maintains a limited scope for their investments. They mainly focus on startups within information and communication technology. They primarily support companies in the growth-stage, aiming for a full or part exit within 3-6 years.

 

Experience

The fund was founded in 2007 as a privately owned investment firm supporting growth companies in Sweden and Finland. They invest their own money with the goal of dealing on the same level as the entrepreneurs. Their team is experienced with financial reporting, organizational processes, recruitment of senior management, risk management, financing, and preparations for a future exit.

 

How much do they invest?

Their equity investments typically range between €2-5 million. However, they have the flexibility to make investments of smaller or larger amounts. It is not uncommon for Rite to increase their investments over time. Apart from capital, Rite will support through board representation. They do not seek to take part in the daily operation of their portfolio companies.

 

How do they work?

You apply for funding, by sending Rite a brief summary of your project in the form of a Power Point presentation, a Word document or a teaser. Their team will then discuss the business opportunity internally. If the fund finds your project interesting, you will be invited for a more thorough interview.

 

This makes a difference to them

The fund is looking for entrepreneurs with proven business models within the ICT sector. They have a lot of confidence in the entrepreneurs they deal with. They seek talented entrepreneurs with both the energy and strategic discipline to build fast-growing companies.

How to contact

Sign up to get access to contact details or log in if you already have an account.

This profile is currently managed by The Hub, .