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.
Seed
12-18 months before Series A or early A-rounds
€2-4M
Initial investment
“As an experienced entrepreneur, I know how important it is to have experienced investors. That's why I chose to work with SEED. They showed straight away that they understood the problem and have been an invaluable help getting Dixa from seed to Series A and B.”
Denmark-based technology company with extraordinary founders
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.