Ugly Duckling Ventures
Overview
Ugly Duckling Ventures is a Copenhagen-based venture capital firm specializing in early-stage investments in Nordic B2B subscription startups. Founded in 2021 by Andreas Green Rasmussen and Rune Hven-Jensen, the firm focuses on pre-seed and seed-stage companies with strong commercial traction and recurring revenue. In 2024, Louise Lachmann joined as a partner, bringing extensive experience in scaling B2B SaaS companies. The firm emphasizes active involvement, providing strategic guidance and leveraging a robust network to support portfolio companies. Their investment strategy includes smaller initial investments with significant follow-on funding, aiming to accelerate growth and prepare startups for scale.
Investment Focus
- Strong founder teams with complementary skill sets
- Existing recurring revenue
- Low churn
- Potential for significant market impact
Portfolio Companies
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Unlock full contacts →Frequently asked questions about Ugly Duckling Ventures
What sectors does Ugly Duckling Ventures invest in?
Ugly Duckling Ventures invests in Technology, Software and B2B SaaS, and is based in København K, Denmark. Ugly Duckling Ventures is listed as a venture capital in the ConnectSafely investor database.
What stage does Ugly Duckling Ventures invest at?
Ugly Duckling Ventures backs companies at Pre-Seed, Seed and Early Stage, writing cheques of 500K - 1M.
Which regions does Ugly Duckling Ventures invest in?
Ugly Duckling Ventures invests across Denmark, Sweden, Norway and Finland.
Who are the partners at Ugly Duckling Ventures?
Team members listed for Ugly Duckling Ventures include Rune Hven-Jensen (Co-Founder & General Partner) and Green Rasmussen (Co-Founder & GP).
What companies has Ugly Duckling Ventures invested in?
Ugly Duckling Ventures's portfolio includes Eupry, BeCause, Juristic, Moxso, Kanda, YOGO, Diplomasafe and Unioo.
How do I contact Ugly Duckling Ventures?
Ugly Duckling Ventures's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database
