Trind Ventures
Trind Ventures is a Tallinn-based seed-stage venture capital firm investing in European consumer, community, and marketplace startups, managing €76M across two funds (Fund I €21M in 2018, Fund II €55M in 2022) with 70+ portfolio companies and a documented 8x net return from Fund I.
- Company typePrivate
- Founded2016
- HeadquartersTallinn, Estonia
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Trind Ventures does
Trind Ventures is a Tallinn-based, early-stage seed venture capital firm founded in 2016 by Joel Aasmäe, Kimmo Irpola, Taavi Lepmets, and Ivar Siimar (with Reima Linnanvirta joining as Partner in 2022). The firm invests in European consumer and community-driven startups across B2C, C2C, marketplace, and consumerized B2B software models, with a geographic focus on the Baltics (Estonia, Latvia, Lithuania), Nordics (Finland, Sweden, Norway), and Central Europe (Germany, Spain). As a fund manager, Trind's core "product" is capital plus operational support: initial tickets of €100,000 to €1M with follow-on capacity of up to €5M per company, board participation, and access to a syndication network spanning regional business angel networks, accelerators, and tier-one global VCs such as Andreessen Horowitz and Partech. The legal entity, Trind Ventures OÜ (an Estonian private limited company), is wholly owned by its five partners.
The firm's business model follows the standard VC economics of management fees on committed capital plus performance-based carried interest on exits. Trind manages two funds: Fund I (€21M committed, 2018) and Fund II (€55M committed, 2022), with limited partners dominated by the European Investment Fund, LHV Pension Funds, Tesi, Swedbank Investment Funds, and the partners themselves. Fund I delivered a documented 8x net return for investors and returned over 80% of invested capital as of 2018, with notable exits including Chatchamp (acquired by trbo) and Tise (acquired by eBay). The portfolio comprises 70+ companies including Neural DSP, Yaga, Groover, Webel, Bahn Express, Ready Player Me, and RangeForce. Distribution occurs through direct founder outreach, accelerators, angel networks, and portfolio referrals rather than product channels.
Trind Ventures firmographics
Firmographics- Name
- Trind Ventures
- Legal name
- Trind Ventures OÜ
- Website
- https://trind.vc
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Trind Ventures is a Tallinn-based seed-stage venture capital firm investing in European consumer, community, and marketplace startups, managing €76M across two funds (Fund I €21M in 2018, Fund II €55M in 2022) with 70+ portfolio companies and a documented 8x net return from Fund I.
- Ownership category
- akta.pro rank
Trind Ventures industry classification
Industry- Product category
- Venture Capital
- NAICS
- Other Financial Vehicles (52599), Funds, Trusts, and Other Financial Vehicles (525), Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Accelerators & Incubators (Investor-Operated) (FSANAAAM)
Keywords
Where Trind Ventures is headquartered
LocationHeadquarters
- HQ city
- Tallinn
- HQ country
- Estonia
- HQ region
- Europe
Offices2 records
Markets served
Trind Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Management Fees: VC firms typically charge management fees on committed capital under management
- Carried Interest: Performance-based carried interest from successful portfolio company exits
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Seed-stage investments in early consumer and community-driven startups |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Trind Ventures product offering
Product offeringCore offering
Trind Ventures is a seed-stage venture capital fund manager that invests in early-stage consumer and community-driven software startups across Europe. The firm deploys initial tickets of €100K to €1M per company with follow-on capacity up to €5M per portfolio company, alongside board representation, ESG due diligence, and ongoing operational support sourced from a partner team of former founders and seasoned investors.
Product overview
Trind Ventures is an early-stage venture capital firm that provides seed-stage investment funding and portfolio company support services. The firm does not offer traditional technology products or software services; rather, it operates as a financial investment vehicle that backs consumer and community-driven startups across Europe. The firm's offering consists of venture capital funding, investment management, and portfolio support services.
Differentiator
Problem solved
Functional benefit
Products and services
- Trind Ventures Fund I
- Trind Ventures Fund II
- Portfolio Company Support Services
Quantifiable outcome
- 8x net return for investors from Fund I
- +2 more outcomes
Companies that use Trind Ventures
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles1 record
Trind Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Trind Ventures partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered minor and core.
- Maria 01minorPartner organization in the startup ecosystem
- Estonian Private Equity and Venture Capital AssociationminorIndustry association membership
- Finnish Venture Capital AssociationminorIndustry association membership
- EstBAN (Estonian Business Angels Network)coreBusiness angel network for deal sourcing and co-investment
- KiuasminorFinnish startup accelerator/investor network
- Lithuanian Business Angels NetworkminorBaltic region business angel network for deal sourcing
- StartinminorLatvian startup ecosystem partner
- PaaomasijoittajatminorFinnish business angel association
Scale indicators7 records
Recent moves8 records
Expansion highlights5 records
Trind Ventures competitors and assessment
Company assessmentDirect peers
- Lifeline Ventures: Helsinki-based seed-stage VC investing in early-stage startups across Northern Europe, with comparable ticket sizes and stage focus. Closest regional peer to Trind by geography and stage.
- Icebreaker.vc: Helsinki-based seed VC with similar Nordic/Baltic focus and early-stage thesis. Comparable stage and geographic orientation with overlapping portfolio co-investment activity.
- Vendep Capital: Finnish VC that has co-invested with Trind (e.g., GitHits, Bahn Express), operating at similar stage and geography in the Nordics/Baltics ecosystem.
- Cherry Ventures: Berlin-based early-stage VC investing across European consumer and B2B software. Similar stage focus and check sizes to Trind with comparable pan-European mandate.
- 3TS Capital Partners: CEE-focused VC that has co-invested with Trind (e.g., Boksi Series A). Comparable stage and Central European geographic overlap with active co-investment relationship.
Broad incumbents
- Creandum: Larger Nordic VC investing across stages with strong consumer/community portfolio. Comparable thematic focus but operates with significantly more AUM and broader geography.
- Northzone: Established Nordic VC with multi-stage consumer and SaaS investments across Europe. Overlapping consumer thesis but operates at much larger AUM scale.
- EQT Ventures: Nordic-rooted VC fund backed by EQT, investing across European consumer and enterprise software. Overlapping sector focus but at later stages and larger scale.
- Atomico: Pan-European VC founded by Skype's Niklas Zennström, with strong consumer and marketplace investments. Overlapping thesis but at larger scale and broader European mandate.
- Speedinvest: Vienna-based pan-European seed VC with sector-focused funds including consumer fintech. Comparable early-stage focus but with much larger AUM across multiple verticals.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Trind Ventures social profiles
Digital presenceTrind Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Trind Ventures leadership team
Management profileNumber of profiles
Profiles8 records
Trind Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Trind Ventures M&A and investment
M&A and investmentM&A
Investments54 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Trind Ventures
What does Trind Ventures do?
Trind Ventures is a seed-stage venture capital fund manager that invests in early-stage consumer and community-driven software startups across Europe. The firm deploys initial tickets of €100K to €1M per company with follow-on capacity up to €5M per portfolio company, alongside board representation, ESG due diligence, and ongoing operational support sourced from a partner team of former founders and seasoned investors.
Is Trind Ventures a public or private company?
Trind Ventures is a private company. It is classified as management employee owned and is currently operating.
When was Trind Ventures founded?
Trind Ventures was founded in 2016. It employs 1 to 10 people.
Where is Trind Ventures based?
Trind Ventures is headquartered in Tallinn, Estonia, in the Europe region.
How does Trind Ventures make money?
Two revenue lines are on record. Management Fees are the primary driver. The others are carried Interest.
Who are Trind Ventures's main competitors?
Direct peers on record are Lifeline Ventures, Icebreaker.vc, Vendep Capital, Cherry Ventures and 3TS Capital Partners. Broad incumbents are Creandum, Northzone, EQT Ventures, Atomico and Speedinvest.
Does Trind Ventures have an API?
No public API is recorded for Trind Ventures.
What industry is Trind Ventures in?
Trind Ventures's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAM, Accelerators & Incubators (Investor-Operated). Its NAICS code is 52599 and its SIC code is 6282.