Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Wellstreet is an early-stage venture capital firm founded in 2016 and based in the Nordic region. With a fund size of approximately $40 million, Wellstreet is dedicated to investing in technology companies and supporting their growth up to the scale-up stage. The firm emphasizes sustainability and positive disruption in business practices, aiming to build and accelerate innovations and entrepreneurs. Wellstreet has established a strong reputation in the Nordic tech ecosystem, leveraging its unique ESG framework to ensure that sustainability is integrated into the investment process from the outset. The firm is led by Mikael Wintzell, a former executive at Klarna, who brings extensive experience in the tech industry. Wellstreet operates three funds: Fund I, which is fully deployed, the Fintech Fund launched in February 2022, and Ventures Fund II, which is currently deploying. The firm has invested in approximately 35 companies across various sectors, including fintech, proptech, and greentech, positioning itself as a proactive early-stage VC focused on building sustainable businesses.
Wellstreet primarily invests in early-stage Nordic tech companies, with a strong focus on sectors such as fintech, proptech, e-commerce, and greentech. The firm is particularly interested in companies that leverage technology to drive positive disruption and build sustainable business models. Wellstreet's investment strategy is guided by its unique ESG framework, which ensures that sustainability and potential exit paths are considered from the beginning of the investment process. The firm typically invests between $200,000 and $700,000 in each company, allowing for flexibility in supporting startups at various stages of their development. Wellstreet seeks founders who are passionate about their vision and committed to creating impactful solutions that address real-world challenges. By focusing on the Nordic region, Wellstreet aims to tap into the rich pool of talent and innovation present in this area, fostering a collaborative environment that encourages growth and sustainability.
Wellstreet's portfolio includes a diverse range of notable companies, reflecting its commitment to investing in innovative technology startups. Among its investments is **Bambuser**, an e-commerce platform based in Stockholm that has successfully exited. Other significant portfolio companies include **DanAds**, an adtech company based in Sweden, and **Anatomic Studios**, an e-commerce firm located in Malmö. **Brink Commerce**, another e-commerce company based in Stockholm, is also part of Wellstreet's portfolio. In the fintech sector, **Deedster** focuses on climate action tools for financial institutions, while **Lesslie** has experienced significant growth and secured additional funding to enhance its services. Additionally, **X Shore** is a greentech company specializing in electric boats, showcasing Wellstreet's commitment to sustainability. Overall, Wellstreet has invested in approximately 35 companies, demonstrating its active role in the Nordic tech ecosystem.
Mikael Wintzell - Founder and Managing Partner. Former executive at Klarna, Mikael brings extensive experience in the tech industry and leads Wellstreet's investment strategy.
To pitch Wellstreet, founders should visit their website at wellstreet.se or email info@wellstreet.se. The firm welcomes pitches that clearly articulate the business model, market opportunity, and alignment with their focus on sustainability and technology. Wellstreet is open to both warm introductions and cold applications, making it accessible for various founders.
As of February 2026, Wellstreet remains an active investor with three funds in operation: Fund I, which is fully deployed, the Fintech Fund launched in February 2022, and Ventures Fund II, which is currently deploying. The firm continues to focus on building and accelerating Nordic tech companies, emphasizing sustainability and positive disruption.
Wellstreet invests in a wide range of stages, including Pre-seed, Seed, Seed+ (Extension), Series A, Series A+ (Extension), Series B, Series B+ (Extension), Series C, and Growth Equity. This diverse stage focus allows the firm to support startups at various points in their development journey.
Founders can pitch Wellstreet by visiting their website at wellstreet.se or by emailing them directly at info@wellstreet.se. The firm encourages pitches that clearly outline the business model, market opportunity, and how the startup aligns with their investment focus on sustainability and technology.
Wellstreet primarily focuses on investing in technology companies within the fintech and proptech sectors. Additionally, they have interests in e-commerce and greentech, reflecting their commitment to supporting innovative solutions that drive positive disruption.
Wellstreet typically invests between $200,000 and $700,000 in each startup. This range allows them to provide meaningful support to early-stage companies while also maintaining flexibility in their investment strategy.
Wellstreet focuses its investments in the Nordic region, leveraging the rich pool of talent and innovation present in this area. This geographic focus allows them to build strong connections within the local tech ecosystem.
The application process for Wellstreet involves submitting a pitch through their website or via email. Founders are encouraged to provide detailed information about their business model, market potential, and alignment with Wellstreet's investment thesis on sustainability and technology.
Wellstreet adds value to its portfolio companies by leveraging its unique ESG framework, providing strategic guidance, and facilitating connections within the Nordic tech ecosystem. This support helps startups grow and achieve their sustainability goals.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.