What investment strategy does Wellstreet focus on?

Wellstreet focuses on VC strategies in the private equity space.

How many portfolio companies does Wellstreet have?

Wellstreet has 23 active portfolio companies and 10 completed exits and 3 funds tracked on GP Intel.

Where is Wellstreet headquartered?

Wellstreet is headquartered in Stockholm, Sweden.

When was Wellstreet founded?

Wellstreet was founded in 2016.

What sectors does Wellstreet invest in?

Wellstreet invests across Software, Financials, Consumer, TMT, Energy.

What are Wellstreet's recent exits?

Recent realized exits by Wellstreet include: Tab Technology (2026) to Kivra; ICANIWILL (2026) to RevolutionRace; Esgaia (2025) to Glass Lewis; Bambuser (2021) to Vitruvian Partners; Match2One (2021) to Verve Group; Returnado (2021) to nShift; Reve (2020) to Tipser; Checkin.com (2019) to AGOF Investments.

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Wellstreet

Stockholm, Sweden·Founded 2016·

Venture Capital

·wellstreet.se

Wellstreet is a Stockholm-based early-stage venture capital firm founded in 2016 by Mikael Wintzell and Simon Saneback that backs Nordic tech founders from inception through Series A across fintech, e-commerce, software and greentech, and also runs a founder community and startup hub.

AUM

–

Funds

vintages 2016–2023

Portfolio

Exits

Wellstreet is a Stockholm venture capital firm with 23 active companies and 10 exits.

SectorsSoftware Financials Consumer TMT Energy

Key takeaways

·6 exits in the last 5 years · consistent DPI cadence.
·Average hold across 10 realized deals: 4 years.
·Fund cadence: ~4Y between vintages · last raise 2023.

Sector breakdown

33 companies

E-commerce

8 · 24%

Fintech

7 · 21%

AdTech

4 · 12%

PropTech

3 · 9%

SaaS

3 · 9%

Consumer

2 · 6%

Cloud Infrastructure

1 · 3%

AI/ML

1 · 3%

Geography breakdown

2 geographies

Sweden

31 · 94%

Finland

2 · 6%

Key facts

HQStockholm, Sweden

Founded2016

Websitewellstreet.se

Recent exits

Wellstreet sold Tab Technology to Kivra in 2026 after 1 year.

Wellstreet sold Icaniwill to RevolutionRace in 2026 after 8 years.

Wellstreet sold Esgaia to Glass Lewis in 2025 after 4 years.

Wellstreet sold Bambuser to Vitruvian Partners in 2021 after 2 years.

Partners

Evelina AnttilaManaging Partner

Coverage notes

3 funds tracked, 33 portfolio companies (23 active · 10 realized). Verified weekly from public filings and deal announcements.

Investment team

Senior partners. Hand-checked from public filings and the firm's own site.

Evelina Anttila

Managing Partner

Funds & portfolio

Every fund Wellstreet has raised, with its portfolio companies. Hand-checked from public filings.

3 funds

Fund

Strategy

Vintage

Size

Assets

Exits

Wellstreet Ventures Fund II

VC20234 assets

2023 · 3yr

–

Unrealized

4 held

Company	Entry
Berget AI Cloud Infrastructure · Sweden	2026
Key Ward AI/ML · Sweden	2024
Pickel AI ClimateTech · Sweden	2026
Sisterly Tribe E-commerce · Sweden	2023

Wellstreet Fintech Fund I

VC20217 assets2 exits

2021 · 5yr

–

Unrealized

7 held

Company	Entry
Aura Cloud Fintech · Finland	2022
Brayns Fintech · Sweden	2025
Enable Banking Fintech · Finland	2022
Lesslie Fintech · Sweden	2024
Maintract PropTech · Sweden	2020
Pensure InsurTech · Sweden	2020
Waytobill Fintech · Sweden	2023

Realized

2 exits

Company	Entry	Exit	Type	Buyer	MOIC
Esgaia Fintech · Sweden	2021	2025	Trade Sale	Glass Lewis	–
Tab Technology Fintech · Sweden	2025	2026	Trade Sale	Kivra	–

Wellstreet Ventures Fund IHarvesting

VC2016€16M12 assets8 exits

2016 · 10yr

€16M

Unrealized

12 held

Company	Entry
Anatomic Studios Consumer · Sweden	2020
Ballers App Consumer · Sweden	2023
Brink Commerce E-commerce · Sweden	2020
DanAds AdTech · Sweden	2016
Envise PropTech · Sweden	2020
Future of Retail E-commerce · Sweden	2020
Gamifiera SaaS · Sweden	2020
Habity PropTech · Sweden	2020
Nuttery Entertainment Gaming · Sweden	2020
Ocast AdTech · Sweden	2017
Y/ELM+ E-commerce · Sweden	2022
Zalster AdTech · Sweden	2017

Realized

8 exits

Company	Entry	Exit	Type	Buyer	MOIC
Bambuser E-commerce · Sweden	2019	2021	Secondary	Vitruvian Partners	–
Checkin.com SaaS · Sweden	2017	2019	Secondary	AGOF Investments	–
Icaniwill E-commerce · Sweden	2018	2026	Trade Sale	RevolutionRace	–
Match2One AdTech · Sweden	2016	2021	Trade Sale	Verve Group	–
Returnado E-commerce · Sweden	2016	2021	Trade Sale	nShift	–
Reve E-commerce · Sweden	2016	2020	Trade Sale	Tipser	–
Scrive SaaS · Sweden	2016	2017	Secondary	–	–
Tibber Energy · Sweden	2016	2019	Secondary	Founders Fund	–

Frequently asked questions

What investment strategy does Wellstreet focus on?: Wellstreet focuses on VC strategies in the private equity space.
How many portfolio companies does Wellstreet have?: Wellstreet has 23 active portfolio companies and 10 completed exits and 3 funds tracked on GP Intel.
Where is Wellstreet headquartered?: Wellstreet is headquartered in Stockholm, Sweden.
When was Wellstreet founded?: Wellstreet was founded in 2016.
What sectors does Wellstreet invest in?: Wellstreet invests across Software, Financials, Consumer, TMT, Energy.
What are Wellstreet's recent exits?: Recent realized exits by Wellstreet include: Tab Technology (2026) to Kivra; ICANIWILL (2026) to RevolutionRace; Esgaia (2025) to Glass Lewis; Bambuser (2021) to Vitruvian Partners; Match2One (2021) to Verve Group; Returnado (2021) to nShift; Reve (2020) to Tipser; Checkin.com (2019) to AGOF Investments.