Coventures

What Coventures does

Coventures Oy is a Helsinki-based, founder-controlled professional services firm that provides Entrepreneur-in-Residence (EiR) engagements to large corporations and scale-ups. The company places seasoned entrepreneurs inside client organizations on a hands-on basis either to rejuvenate existing businesses or to build new ventures from scratch, drawing on a bench of 15+ EiRs and an extended advisor network led by CEO and co-founder Marko Oksanen and co-founder Juho Vehviläinen. Clients span EV charging (Plugsurfing), recruitment technology (RecRight), circular economy services (Lassila & Tikanoja), and advanced research (Nokia Bell Labs), demonstrating a horizontal go-to-market rather than vertical specialization.

The core product is the EiR service, augmented by a partner ecosystem (Adventure Club, Reaktor Ecosystem, Sevendos, Sofokus, ValueLab) that supplies complementary technical and consulting capacity. Coventures is also building a digital platform—co-financed at 50% by the European Regional Development Fund from June 2024 through December 2025—designed to automate EiR-to-corporation matching, sales, project management, and community communication. Content assets (e-books on Product-Led Strategy and Product Leadership, a webinar library, and regular blog posts) function as top-of-funnel marketing rather than standalone products. The firm is a private limited company under Finnish law (Coventures Oy), headquartered at Mikonkatu 13 A, 00100 Helsinki, with no parent company, no disclosed institutional funding rounds, and no public listing.

Revenue is generated primarily through project-based professional service engagements sold via direct enterprise sales and partner referrals. A planned shift toward a recurring platform/subscription model is tied to the new digital platform. The firm has publicly targeted EUR 8 million in revenue by 2027, contingent on international expansion of the platform. With 1–10 core employees and a contractor-style EiR network, the operation remains small and founder-led; no equity dilution, secondary transactions, or external investor stakes are disclosed in the source material.

Name

Coventures

Legal name

Coventures Oy

Website

https://coventures.io

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Coventures is a Helsinki-based firm that places experienced Entrepreneurs-in-Residence inside large corporations and scale-ups to build new ventures or rejuvenate existing businesses, serving clients across EV charging, recruitment tech, circular economy, and advanced research.

Ownership category

akta.pro rank

Product category

Corporate Innovation Consulting

NAICS

Management of Companies and Enterprises (55)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Sales Enablement & Revenue Operations (RevOps) Tools & Services (BPAFAFAJ)

akta.pro secondary industry

Global Employer of Record (EOR) Services (BPACAHAA)

Keywords

• Corporate venture building
• Entrepreneur in residence
• Innovation consulting
• Venture design services
• Corporate innovation services

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Entrepreneur-in-Residence Services: Coventures provides experienced entrepreneurs (EiRs) as a service to help clients build growth, either by rejuvenating existing businesses or hands-on building new ventures together. Revenue comes from professional service engagements.
2. Digital Platform Development: Coventures is developing a digital platform that connects experienced Entrepreneur-in-Residence entrepreneurs with large corporations. The platform automates sales, project management, and community communications. The company aims to expand internationally and reach revenue of 8 million euros by 2027.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Coventures provides experienced Entrepreneurs-in-Residence (EiRs) as a service to corporate clients and scale-ups. The EiRs work hands-on with client teams to build growth, either by rejuvenating existing businesses or by building new ventures together. The company is also developing a digital platform to automate matching, sales, project management, and community communications between EiR entrepreneurs and large corporations.

Product overview

Coventures operates as a platform offering Entrepreneur-in-Residence (EiR) services, connecting experienced business builders with corporations seeking growth and innovation. The core offering is the EiR service, where seasoned entrepreneurs provide hands-on support in building new ventures or rejuvenating existing businesses. The company also produces educational content including e-books (Product-Led Strategy and 5 Key Themes in Product Leadership) and webinar recordings on venture building, corporate innovation, and product management. A digital platform is under development with EU funding to automate matching, project management, and community communication between entrepreneurs and corporate clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Entrepreneur-in-Residence (EiR) Service Hands-on engagement in which experienced Entrepreneurs-in-Residence work with corporate clients or scale-ups to build growth, either by rejuvenating an existing business or by co-building new ventures from vision through execution. The EiR model provides product management, venture building, strategy, and execution expertise without requiring a permanent hire.
• EiR Digital Platform (under development) Digital platform connecting experienced EiR entrepreneurs with large corporations, automating sales, project management, and community communication. Designed to scale the EiR service internationally and support a target of €8 million in revenue by 2027.

Quantifiable outcome

• Helppopalvelut business more than doubled its revenue from 2019
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• Nokia Bell LabscoreStrategic or Co-development PartnerCoventures and Nokia Bell Labs collaborate to commercialize advanced technologies alongside experienced, domain-expert founders. Together they evaluate competitive advantage of each innovation, confirm market demand, develop MVP, and test proof-of-concept solutions with real clients, ultimately leading to standalone spin-out ventures.
• Adventure ClubminorGTM or Marketing PartnerPartner network organization providing connections and potential client referrals for entrepreneurial services.
• Reaktor EcosystemminorGTM or Marketing PartnerPartner ecosystem providing technology and innovation expertise connections.
• SevendosminorGTM or Marketing PartnerPartner providing consulting and advisory services connections.
• SofokusminorImplementation/ SI/ Consulting PartnerPartner consulting firm providing additional implementation and consulting capabilities.
• ValueLabminorGTM or Marketing PartnerPartner organization supporting innovation and value creation initiatives.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Mach49: US-headquartered venture builder that partners with large corporations to ideate, incubate, and scale new businesses. Highly comparable to Coventures in its entrepreneur-in-residence delivery model and corporate innovation focus.
• High Alpha: US venture studio that builds and launches B2B SaaS companies, often partnering with corporate strategics. Comparable entrepreneur-led venture-building approach but with stronger focus on SaaS origination than Coventures' broader corporate mandate.
• Futurice: Nordic tech consultancy and venture builder helping enterprises drive digital transformation and build new digital products. Operates in the same Finnish/Nordic market with overlapping corporate clients and a comparable innovation-services mix.
• Board of Innovation: Belgian/Dutch innovation consultancy that helps corporates and scale-ups launch new ventures, products, and business models. Operates a horizontal innovation-services model closely comparable to Coventures' EiR offering and similar enterprise client base.
• Reaktor: Finnish technology consultancy partnering with enterprises on digital innovation, software development, and new venture creation. Direct comparable given shared Finnish base, overlapping enterprise clients, and innovation services focus; also listed as a Coventures partner.
• WhatIf Innovation: UK-based corporate innovation consultancy that helps enterprises build new growth businesses, often using external founder/expert talent. Directly comparable to Coventures in EiR service model and enterprise client segment.

Broad incumbents

• IDEO: Global design and innovation consultancy working with enterprises on new products, services, and ventures. Operates in adjacent innovation services space and serves similar Fortune 500 clients as Coventures.
• BCG X (formerly BCG Digital Ventures): Global consultancy's corporate venture-building and innovation arm. Competes for the same enterprise innovation budgets as Coventures but with vastly larger resources, brand recognition, and a broader services portfolio.
• Capgemini Invent (incl. Fahrenheit 212): Global consulting firm's digital innovation and venture-building practice, which acquired Fahrenheit 212. Overlaps with Coventures on corporate innovation engagements but at global scale and broader service breadth.
• McKinsey Leap: McKinsey's build-and-operate innovation practice that helps corporates rapidly prototype and launch new businesses. Competes for enterprise venture-building mandates with much larger resourcing than Coventures.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/coventures

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coventures