Profile
Finstart Nordic is a corporate venture capital firm based in Stavanger, Norway, founded in 2018. It operates as the venture capital arm of Sparebank 1 SR-Bank, focusing on investments in the fintech sector. The firm is known for its strategic partnerships with both startups and established companies to drive technological innovation in the financial industry. Finstart Nordic's team is composed of professionals with expertise in finance and technology, ensuring informed investment decisions.
The firm primarily invests in technology-driven finance companies, with a particular interest in artificial intelligence and digital transformation. It typically participates in seed and early-stage funding rounds, with investment sizes generally ranging from $0-1 million. Finstart Nordic focuses its investments within the Nordic region, contributing to the local startup ecosystem. While specific AUM details are not disclosed, the firm is actively seeking new investment opportunities.
Notable investments by Finstart Nordic include boost.ai, known for AI-driven chat solutions, and partnerships with innovation ecosystems like NCE Finance Innovation. Other portfolio companies include MoreScope, Adminkit, and Folkeinvest, highlighting their commitment to fostering growth in the fintech and technology sectors.