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Understory

SaaS·Denmark·Active·1yr hold
Entry
2025
Hold
1yr
Status
Active

Who owns Understory?

Understory is a Danish SaaS company, currently owned by People Ventures since 2025 and 2 other investors.

Hand-verified · updated 2026-08-18

Open JSON · CC-BY
People Ventures
Most recent investor
People Ventures
People Ventures Fund II · 2022 · VC
3 ownership periods · full history below

Key facts

HQDenmark
SectorSaaS
StatusActive

Ownership history

3 ownership periods · co-invest detected

Active
Co-held by Founderment, SEED Capital and People Ventures since 2023.
Co-invest · 3 holders · 2023 · present
Founderment
2023 · present(3yr) · Founderment Fund I · 2021 · VC
SEED Capital
2024 · present(2yr) · SEED Capital Denmark IV · 2020 · VC
People Ventures
2025 · present(1yr) · People Ventures Fund II · 2022 · VC

Questions

Who owns Understory?

Understory is currently owned by People Ventures, SEED Capital and 1 other, through People Ventures Fund II, since 2025.

When did People Ventures and 2 others acquire Understory?

People Ventures and 2 others acquired Understory in 2025.

Who has owned Understory over time?

Understory has been through 3 private-equity ownership periods: Founderment · via Founderment Fund I · since 2023; SEED Capital · via SEED Capital Denmark IV · since 2024; People Ventures · via People Ventures Fund II · since 2025.

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