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Founded in Denmark, Growfunds is a venture capital firm focused on high-growth e-commerce companies. They target seed to Series B stages and operate primarily in North America and Europe. The firm invests in both e-commerce brands and supporting agencies or SaaS companies.
Growfunds invests in e-commerce companies with significant growth potential, providing capital and expertise to scale these businesses. Their strategy includes acquiring and consolidating existing e-commerce stores, as well as building new brands. They also support the ecosystem by investing in agencies and SaaS companies that facilitate e-commerce growth.
One notable investment is Indicode.com, which scaled from zero to over €300,000 in monthly revenue through collaboration with Growfunds. This partnership achieved a return on advertising spend (ROAS) of 5 and improved the conversion rate to 3.2.
Submit your pitch through their form at growfunds.io or email fam@growfunds.io with your deck.
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