Backstage

Profile

Backstage is a private venture capital firm based in Sweden, serving as the investment arm of a Swedish Single Family Office. Founded by self-made entrepreneurs who have been investing since the 1980s, the firm focuses on entrepreneurial scale-up companies primarily in Sweden and the broader Nordic region. Backstage is known for its selective investment approach, avoiding capital-intensive sectors and preferring to back proven entrepreneurs with a solid track record.

The firm specializes in tech-oriented sectors, including Blockchain/Crypto, AI, SaaS, and Fintech. They typically invest at the growth stage, steering clear of very early-stage investments. While specific check sizes are not disclosed, their focus on companies with traction and growing revenues suggests substantial investments. Backstage often co-invests alongside other private investors and venture capital funds, and they are open to longer-term holdings where it makes sense.

Notable portfolio companies include Animoca Brands - digital entertainment and blockchain, BCB Medical - medical data integration, Brink Commerce - eCommerce platform, Bullhound Capital - investment management arm of GP Bullhound, and Greenely - software-enabled energy management. Their portfolio reflects a strong affinity towards technology-driven businesses with significant growth potential.