Friends Capital is a Stockholm-based venture capital firm founded by Benify co-founders Markus Kullendorff and Åke Lundén. The firm invests in fast-growing Nordic tech companies, applying the founders' own entrepreneurial experience to help portfolio teams achieve growth and success.
Average disclosed round size is $3.8M (across 10 rounds with reported amounts).
Portfolio
10
Fund Size
—
Top Stage
Unknown
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
10 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Louisa AI | Seed | $5M | Jan 2024 |
 KeyOps | Pre-Seed | $650K | Jan 2021 |
 Givecampus | Unknown | $1M | Jan 2015 |
| CCarvel | Unknown | $100K | Jan 1946 |
 Lemonada | Seed | $1.5M | — |
 Harbor | Series A | $16M | — |
| CCaire | Unknown | $600K | — |
| MMatch2One | Unknown | $3M | — |
| PPayfully | Seed | $300K | — |
| EEradivir | Series A | $10.3M | — |
Top Co-Investors
Y Combinator2 shared
private angel investors2 shared
MaRS IAF1 shared
The Goldman Sachs Group, Inc.1 shared
India Quotient1 shared
Gaingels1 shared
Blue Collective1 shared
BDMI1 shared
10 Point Capital1 shared
Speedinvest1 shared
TMV1 shared
Notion Capital1 shared
Atomico1 shared
Open Philanthropy Project1 shared
Friends & Family Capital1 shared
Last updated: 14 September 2026