“Cobalt is building the world’s smartest security force, and to realise our ambition we are drawing on the unique shared experience that the byFounders Collective offers”
“When it comes to running a startup, everyone has an opinion, but all that really matters is being in the business and operating effectively. Every member of the byFounders Collective has been in a business and will have overcome the same challenges you face whether that’s hiring, entering new markets or product fit. Being able to tap into that knowledge is priceless!”
– Jacob Hansen, CEO
As companies focus on 100% digitalization of their operations, the risk of cyber attacks increases exponentially. Cobalt is crowdsourced Pen Testing for modern SaaS businesses redefining the modern pen test for companies who want serious hacker-like testing built into their development cycle. Forget about old school, overpriced PDF pen test reports with low quality findings — and never pay for re-testing again.
Contractbook is a contract lifecycle management platform that makes it straightforward to create, sign and store contracts. They are legal tech first-movers operating in the $30 billion Digital Transaction Management market, looking to be the de-facto choice for the next generation of digital native SMB’s who needs an all-in-one solution for contract and agreement management.
Contractbook’s focus on enabling SMEs to streamline the process of contracting has allowed them to attract thousands of customers in a multi-billion dollar market. Their technologically advanced offering makes them poised to disrupt multiple industries that are still characterized by archaic document handling processes.
“Corti has the potential to save a huge number of lives around the world, but to do that we needed to be able to scale quickly, and byFounders has been instrumental in making introductions in Europe and US”
“We chose byFounders because it is a true partnership. Eric and Tommy have a proven track record as entrepreneurs, and because they have already walked this path they want to hear your ‘gruesome truths’ so they can engage and help you resolve them. That is a very different mindset, and has been hugely helpful in supporting us so far.”
– Lars Maaløe, CTO
Corti is a machine learning company that provides accurate diagnostic advice to emergency services, allowing patients to get the right treatments faster. Corti’s real-time, AI-powered decision support system identifies important patterns in the ongoing conversation and alerts dispatchers of urgent instances, such as cardiac arrest. On average, Corti can detect cardiac arrest within 50 seconds of the the call being initiated.
Mobile game studio building social multiplayer games
“We are making social MMO games that empower players to craft a captivating fantasy world together with the in-game community. You can explore massive living environments, gather and trade resources and compete with other players – all in real-time. We are redefining what social gaming platforms means on the mobile.”
Stella Wang, CEO
Mobile gaming is one of the fastest growing entertainment areas. It’s global and capturing new audiences and creating new emerging business models. Games are becoming much more than gaming, rather a social platform for people to meet and play with each other.
“I am very proud to have some of the best digital brains onboard in DrugStars, and I can already feel the difference they and their extensive network are making”
“The DrugStars app is the home of a global movement of patients and relatives, who are giving to health charities for free just by taking their medication and sharing their experience with it. In return, DrugStars optimize treatment outcome and change the patient’s attitudes towards the meds, from being a necessary evil to a necessary good.”
– Claus Møldrup, CEO
DrugStars are on a mission to improve the lives of users of medicine and establish a dialogue between patients and the pharmaceutical industry. Until now, there has been no united global voice of patients on pharmaceuticals. As the first platform allowing patients to report on their experience with their medication, DrugStars is changing this, effectively becoming the TrustPilot for medicin and pharmaceuticals.
Digital learning that actually teaches students something
“With Eduflow, you can create your own online course by combining different learning activities such as content, submissions, peer review and feedback reflections. The product is used by school teachers, university professors, startups and corporates. Educators on our platform teach everything from US History to Quantum Mechanics, while businesses build courses to onboard new employees and keep an up-to-date workforce.”
– David Kofoed Wind, CEO
Eduflow lets everyone build an incredible learning experience and make learning and teaching more effective with active participation and student collaboration.
Helping consumers take control of their electricity consumption
“Over 80 000 households in Sweden have joined our community of smart consumers since 2017. We aim to build the world’s biggest consumer platform around energy while creating a more sustainable future.”
– Tanmoy Bari, CEO
Greenely is a software solution that gives consumers full control over their energy usage as well as the ability to directly buy renewable electricity through the digital platform.
Automatic sustainability & ESG reporting as a service
“Normative helps large companies to go from mapping 10% of their CO2 to mapping 100% of their emissions for every product, service and activity, by reading data directly from their existing business systems.
Moreover, sustainability reporting has been completely inaccessible for the small enterprise segment (who would afford to pay $50K-200K per year?), but Normative makes the whole process 10x times cheaper.”
Kristian Rönn, CEO
Normative provides a solution that automates Environmental, Social and Corporate Governance (ESG) reporting for businesses – a market that is experiencing massive growth. With an increased focus on sustainability reporting, companies of all sizes are compelled to comply with ESG guidelines.
Fast and easy onboarding of industrial devices to any IoT platform
“We are building the plug & play layer for industrial devices. For industrial IoT to realize it’s potential, connecting an industrial device must become as easy as connecting a mouse to a PC”
– Mikkel Christian Sørensen, co-founder
Onboarding a single industrial device model to an IoT solution today can take days or weeks. Omnio solves the problem by using NLP and machine learning to extract device data models from device manuals at scale and turning them into device drivers – essentially creating a “plug & play” layer for industrial IoT.
Revolutionizing women’s health and empower women to take control of their own health without any change in their behavior
“We have built a revolutionary menstrual pad, enabling regular health monitoring and early disease detection for women. We have a 100% non-invasive and simpler way to access blood requiring no change in behaviour at a fraction of the cost today. Women already menstruate and collect that blood, now they can harvest valuable information from that data.”
– Sara & Søren, co-founders
Blood tests today are painful, time-consuming and expensive. Sara and Søren have founded Qurasense to deliver actionable health insights through a simpler and proprietary way of collecting, transporting, storing, and studying biological samples. Women use their product once during menstruation, results are delivered through an app in 3-5 days.
“Rune is where the Fortnite generation finds friends. You open our mobile app and push a button. Rune’s friend-finding AI instantly finds you a teammate and connects you on voice chat. You jump into game and Rune runs in the background. You share laughs and form friendships as you game together on Rune’s voice chat.”
Sanjay Guruprasad, CEO
In an exponentially growing gaming industry increasingly riddled by trolls and toxic behaviour, Rune allows gamers to find their tribe online, using artificial intelligence. Having both AI experts such as Danny Lange and gaming unicorn founders like David Helgason on board our byFounders Collective, investing in Sanjay and Bjarke was a no-brainer for us. We are so excited to enable them to help friendship flourish online.
“We like to have both a foot in the Nordics and in Silicon Valley, and in that sense byFounders is perfect for us”
“We think byFounders’ project – a collective of the best Nordic founders investing in the next generation with global ambitions – is inspiring. The network provides a big value for us we couldn’t get elsewhere. We have great faith that byFounders will quickly be the most attractive fund in the region for this reason”
– Sondre Rasch, CEO & co-founder
SafetyWing is building a global social safety net for digital nomads. Insurance is an old industry that is in dire need of renewal. The future of work is a rapidly growing segment of the economy worldwide, with new needs that aren’t met by existing products. We believe most people will work online and the market SafetyWing are in is doubling in size every year.
Simple Feast delivers plantbased meals to private customers. The meals are ready-made and only takes 10 minutes to prepare.
“The future of food belongs to plants and as a company, we believe we have a big role to play in this future. Simple Feast has a clear mission: we want the help our customers and others to live more sustainable. It’s clear to us, that our large consumption of meat are having a massive impact on climate changes, and we want to accelerate the move towards a more plantbased future.”
– Jakob Jønck, CEO
Simple Feast is a part the growing number of companies delivering meal kits but separate themselves from their competitors by being plantbased and sustainable. Just like with his former companies Endomondo and MyFitnessPal, co-founder Jakob Jønck is daring to be different and take on a mission with Simple Feast.
“All plants will be connected to the internet in the future. Both financially and environmentally does it make sense to optimize with data. Our new multisensor captures four parametres: moist level of the soil, fertilizer, light, and temperature. With these metrics we can utilize cloud and AI technology to fundamentally change how you work with plants and improve productivity and sustainability.”
– Martin Dal, CEO
Spiio’s mission is to provide new data that will change the way we water and maintain urban greenery in the future. Working with green industry professionals they want to push the boundaries for how greenscaping is designed in the connected smart cities of the future.
“After years of planning events, we know how stressful it can be. We’re on a mission to build the most complete and user-friendly event platform in the industry.”
– Jasenko Hadzic, CEO
Tame is a user-friendly Event Marketing Platform that allows Event Managers to build beautiful and responsive event websites, design and send e-mails, manage RSVP’s and paid registrations and collaborate with their team and external partners all in one place.
Leveraging the power of AI to transform a wireframe into a prototype and code – automatically
“We are revolutionizing the way people build websites and applications by leveraging the power of modern artificial intelligence to transform sketches and wireframes to prototypes and code. We allow virtually anyone to create prototypes. Simply draw on a piece of paper or the whiteboard, snap a picture and voilà!”
– Tony Beltramelli, CEO & co-founder
The web development industry is an ever growing industry with a continuous need of updating and creating new websites and applications. Leveraging computer vision, uizard are the only ones able transform a hand drawn wireframe on a piece of paper or the whiteboard to a digital prototype, expediting the workflow of developers and designers.
“Utopos is targeting a very exciting and growing market segment in gaming with our proprietary technology”.
– Jani Penttinen, CEO
Utopos is a team of some of the world’s best and most experienced programmers, game designers and artists who have worked in leading roles on groundbreaking franchises like Command & Conquer and The Lord of the Rings.
Free-to-play, casual and novel mobile games for a mass market
“The experience we’ve gained has helped us build the capabilities required for publishing a mobile free-to-play game. That combined with the investment and backing from top tier VCs like ByFounders and Play Ventures, means we’re aiming even higher with future game releases.”
– Antti Hattara, Co-Founder & CEO
Starberry develops mobile games that are free-to-play and casual in nature. By bringing more approachable and novel mobile games to the mass market, this Berlin-based team taps into what is currently estimated to be a +$60B and growing Mobile Games market.
The speed of change in the industry is constant and rapid and it has been proven time and again that even new entrants can find ways to capture or create significant value. Starberry has a unique approach to creating new hybrid gameplay experiences by combining trending and interesting gameplay mechanics.