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Devotion Ventures
Devotion Ventures is a Gothenburg-based venture capital and venture studio focused on high-growth technology startups, particularly in the B2B SaaS sector. The firm combines investment with hands-on operational support to accelerate startup growth.
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Official links
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Overview
Devotion Ventures is a Gothenburg, Sweden-based venture capital and venture-studio platform dedicated to high-growth technology startups. Founded by entrepreneurs Jonas Karles and Gabriel Kamienny, Devotion Ventures transitioned from a micro-VC model to a venture studio in 2023, emphasizing co-building and launching profitable B2B SaaS companies. The firm has invested in 25 B2B SaaS startups between 2020 and 2022 and continues to support founders with operational expertise and resources.
Focus
Devotion Ventures operates as both a venture studio and a venture capital firm, providing resources and expertise to accelerate the growth of startups. The firm is particularly focused on B2B SaaS, leveraging its operational teams and structured processes to help founders achieve early revenue and profitability.
Support
Devotion Ventures offers a comprehensive support system for startups, including capital, operational teams, product and sales support, and assistance with brand and legal matters. The firm emphasizes a hands-on approach to help founders validate concepts, launch MVPs, and scale sales effectively.
Questions
What is the application process?
The application process is rolling and open to founders.
What types of startups does Devotion Ventures focus on?
The firm primarily focuses on B2B SaaS startups.
What support does Devotion Ventures provide?
Devotion offers operational support, capital, and resources to help startups grow.
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