Our portfolio
Since 2016, SEB Venture Capital supports FinTech startups with capital, competence and clients, building on the long banking experience of SEB.
We are curious about meeting founders with bright ideas and novel technologies, looking for companies ranging from technologies like AI, machine learning and automation to novel business models like peer-to-peer lending and neobanking. We invest broadly – the investments can be both of purely exploratory and financial character as well in companies already having a clear strategic fit with SEB.
Cardlay
Cardlay has developed an innovative platform for Card and Travel Expense Management. The platform automates, optimizes and rationalizes the card and expense processes of corporates, freeing up resources from cumbersome administration tasks to value-adding business activities.
Investment manager: Johan Wolf
Capcito
Capcito enables small and medium sized enterprises to access dynamic capital based on the quality of their receivables. In real time Capcito can assess your book keeping data in the cloud, offer an simplified way of doing traditional factoring and with a transparent and competitive cost structure.
Exited, December 2021
Investment manager: Fredrik Ljungblad
Combient
Combient AB is a Joint Venture between 11 global enterprises, headquartered in Sweden. The owners include Atlas Copco AB, Electrolux AB, Ericsson AB, FAM AB, Investor AB, LKAB, Saab AB, SEB AB, Sigma AB, SKF AB and Stora Enso AB. The vision is to Bring Digitalized Industrial Innovation to the industry. Combient has an active interaction and governance with our owner companies, work closely with academia and explore new partnerships that can help us achieve our aspirational vision.
Investment manager: Johan Wolf
Combient Mix
Combient Mix is a data science and analytics company working exclusively for the Combient network to scale AI across the Nordics.
Acquired by Silo AI, June 2023.
Investment manager: Johan Wolf
Contour
Contour is a blockchain-based trade finance platform where trusted information is shared in real-time, effectively digitizing Letters of Credit across all users in the transaction. Contour was co-created by SEB and six other global trade finance banks.
Exited, January 2024
Investment manager: Kristina Söderberg
Hedvig
Hedvig was founded 2017 in Stockholm, Sweden as a digital challenger to the incumbents in the Swedish insurance industry. The goal was and still is to offer customers exceptional and quick service through a simple and intuitive interface. Value proposition: home- car-, accident- and pet-insurances.
Investment manager: Fredrik Ljungblad
Insurely
Insurely, founded in Sweden 2018, aims to make the insurance industry more transparent and obvious. With their open API - platform for insurance aggregation services, that connects seamlessly to insurance companies & transmit personal and non-personal insurance-related data, they are creating win-win experiences. Insurely mines and structures data to provide high-quality insurance insights and to power insurance transactions through APIs which enables insurers, banks and fintechs to build new insurance experiences which delivers value for end-users to drive increased retention, conversion, growth and new revenue streams.
Investment manager: Fredrik Ljungblad
Kivra
Kivra, founded 2011 in Stockholm, offers consumers and corporates several services such as:
- Digital mail from authorities and associated corporate senders.
- Digital invoices with connection directly to a connected bank.
- Digital receipts
- Certificates
- Document storage with uploads from local files and photos.
- Storage of salary statements
Investment manager: Fredrik Ljungblad
Kleer
Kleer is a fully outsourced and digital accounting service for SME's.
Investment manager: Fredrik Ljungblad
Leasify
Leasify is on a mission to become the leading lease accounting platform in the Nordics and provides streamlined and compliant IFRS 16 and K3 reporting. Serving some of the largest and fastest growing brands in the Nordics with contract management, lease accounting and leasing procurement.
Investment manager: Michael Sparring
Leneo
LENEO is a Fintech company founded in 2016 in Copenhagen with the value proposition of delivering a technology platform that fuels a Product or Asset-as-a-Service future based on leasing, rental or subscription. To help suppliers to offer new business models to the market and support the movement from Ownership to Usership and Subscription.
Exited, July 2024
Investment manager: Fredrik Ljungblad
Lumera
Lumera, founded in 2004, offers Life and Pension companies a cloud-based Policy Administration System (PAS) for creating, migrating, and managing insurance products. Key benefits include:
- accelerated time to market
- increased process automation
- reduction of technical complexity
- support for continuous compliance
Lumera is market leader in Sweden and Norway and is expanding into Europe with acquisitions in the Netherlands and UK.
Investment manager: Fredrik Ljungblad
Lysa
Lysa is one of the largest new savings companies in Europe with 100,000 active customers who together save and invest SEK 18 billion with Lysa. Lysa's mission is to make it simpler to save smarter by helping people to save money automatically in what Lysa considers to be the world's best funds.
Investment manager: Johan Wolf
Now Interact
Now Interact is a leading artificial intelligence vendor that offers targeted machine learning applications which optimise the bridge between digital and offline channels. Its artificial intelligence applications use real-time omnichannel data – including online, contact centre, telesales and bricks & mortar – to drive personalised customer journeys and accelerate the digitalisation of sales and service.
Exited, December 2024
Investment manager: Johan Wolf
Oxceed
Oxceed develops and offers services that enables SME- clients to get a better overview and control over their financial current state as well as predict future financial development in order to take fact based decisions, grow their business and achieve a higher participation from staff in company targets and strategies. Oxceed value proposition is a cloud based BI-platform tool integrated with the SME-clients ERP-system and other internal and external sources. Easy to integrate and share output with relevant stakeholders in the SME-clients eco-system.
Investment manager: Michael Sparring
R3
R3 has developed Corda which is an open-source distributed ledger platform designed to record, manage and automate legal agreements between businesses. R3 is leading a consortium with over 80 banks, clearing houses, exchanges, market infrastructure providers, asset managers, central banks, conduct regulators, trade associations, professional services firms and technology companies to develop ground breaking commercial applications of distributed ledger technology for the financial services industry.
Investment manager: Johan Wolf
Roaring
Roaring is an external data source provider that offers a modern API-platform which “collects and delivers” client data from external, official data sources. Helps companies to effectively automate manual and costly client data processes. At the same time, Roaring digitize and simplify the process for regulatory compliance that their clients must follow. Currently Roaring covers the Nordic area with end-clients in a variety of industries and segments.
Investment manager: Michael Sparring
Silo AI
Established in 2017, Silo AI is on a mission to build a European flagship AI company, with offices currently in Finland, Sweden, Denmark, Switzerland, the Netherlands and Canada.
Exited, August 2024
Investment manager: Johan Wolf
Thought Machine
Thought Machine builds the world's most advanced core banking engine, Vault. Thought Machine's mission is to revolutionize banking by deploying modern, cloud-native, systems and moving away from the legacy platforms. Clients include Lloyds Bank Group, Standard Chartered, SEB and Atom Bank.
Investment Manager: Johan Wolf
Tink
Tink's app makes it possible for customers to collect and categorise detailed information about purchases and savings in one place. Functionalities such as transfers and payments will soon also be covered by the app.
Exited, March 2022
Investment manager: Johan Wolf
Contact us
Get in touch with our experts and learn more about how we can assist with our expertise and our broad network both within and beyond SEB.