Danish Business Angels

What Danish Business Angels does

Danish Business Angels (DanBAN) is a non-profit association (forening) founded in 2013 and headquartered in Copenhagen, operating as Denmark's leading network of private business angel investors. The organization serves a dual-sided market: connecting approximately 300 active business angel members with 400-600 startup and scaleup applicants annually seeking early-stage capital. DanBAN processes dealflow through a partnership with Dealum as its core platform and screens incoming applications with support from OpenAI ChatGPT Business for pitch deck analysis, while running operations on Monday.com, ActiveCampaign, and Ticketbutler.

The organization supplements its dealflow platform with several member-facing products: an Angel Program providing board education, a Lead Angel corps offering experienced-investor support through deal evaluation and portfolio guidance, a Buddy program pairing experienced and newer members, sector-focused Fagnetværk expert networks in HealthTech & LifeScience, B2B SaaS, and FoodTech, and an events program hosting more than 80 events per year. DanBAN reports cumulative investment of 3+ billion DKK facilitated across 1,300+ startups financed through the network, supported by national physical presence in Copenhagen (headquarters), Aarhus, and Odense.

DanBAN is governed by a 9-member board of directors and operated by a 4-person secretariat led by CEO Trine H. Winther. Revenue is generated through annual membership fees (kontingent) for regular angel members and associate partners, with fee levels set at the annual general assembly. The organization is supported by an ecosystem of venture fund, banking, legal, consulting, academic, and community partners including Nykredit, Sparekassen DK, DLA Piper, Accura, Deloitte, DTU, and Connect Denmark. DanBAN is GDPR-compliant and adopted updated articles of association in January 2025.

Name

Danish Business Angels

Legal name

Danish Business Angels

Website

https://danban.org

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Danish Business Angels (DanBAN) is a non-profit association operating Denmark's leading network of 300+ private business angel investors, connecting them with 400-600 early-stage startups annually through dealflow processing, education programs, expert networks, and 80+ annual events across Copenhagen, Aarhus, and Odense.

Ownership category

akta.pro rank

Product category

Angel Investing Network

NAICS

Business Associations (813910), Business, Professional, Labor, Political, and Similar Organizations (8139)

SIC

Services-Membership Organizations (8600), Investment Advice (6282)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

akta.pro secondary industries

Entrepreneurship & Small Business Workforce Programs (EDAAAOAM), Leadership, Management & Teamwork for Business (EDAMAHAI)

Keywords

• Business angel network
• Early-stage investment
• Startup funding network
• Private investor network
• Venture dealflow platform

Headquarters

HQ city

Copenhagen

HQ country

Denmark

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Membership fees: DanBAN operates as a non-profit association. Revenue is generated through membership fees (contigent) paid by both regular members (business angels) and associate members (partners). Fee amounts are determined at the annual general assembly.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Danish Business Angels (DanBAN) is Denmark's leading non-profit association of private business angel investors, connecting a network of 300+ members with early-stage startups and scaleups seeking capital. Each year the organization processes 400-600 startups through its dealflow, screening and matching investment opportunities for members, and offers education, expert networks (HealthTech, B2B SaaS, FoodTech), a Lead Angel corps, a Buddy mentoring scheme, and more than 80 annual pitch events and networking activities.

Product overview

DanBAN operates as a non-profit business angel network that connects private investors with startups and scaleups seeking early-stage capital. The core offering is the Dealflow Platform, which serves as the primary channel for startups to submit pitch decks and for investors to access investment opportunities. The platform is supplemented by an Angel Program (board education), a Lead Angel Korps (experienced lead investors providing guidance), Fagnetværk (sector-specific expert networks covering HealthTech, B2B SaaS, and FoodTech), a Buddy program for mentoring newer members, and an annual events program hosting over 80 pitch events, masterclasses, and networking activities. Members access the dealflow via the Dealum platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Dealflow Platform The primary platform for screening, sourcing, and matching startups with DanBAN's network of business angels. Startups submit pitch decks and applications for investment evaluation through the Dealum-powered channel. Approximately 400-600 startups are processed annually, with the most promising presented to DanBAN members both digitally and through exclusive pitch events.
• Angel Program (Board Education) A board education program focused on startups and scaleups, designed to equip DanBAN members with the knowledge and skills needed to serve effectively on the boards of their portfolio companies.
• Lead Angel Korps A corps of experienced lead angels within DanBAN who provide guidance and support to other members throughout the investment process, including dealflow evaluation and ongoing portfolio support.
• Fagnetværk (Expert Networks) Specialized sector-focused networks including HealthTech & LifeScience, B2B SaaS, and FoodTech, enabling DanBAN members to connect with deep expertise in specific industries for investment evaluation and portfolio support.
• DanBAN Buddy Ordning (Mentoring Scheme) A buddy program pairing experienced DanBAN angels with newer members to provide mentorship and guidance within the network, helping onboard and ramp less experienced investors.
• Events Program Over 80 annual events including pitch events, member meetings, social events, study trips, masterclasses, webinars, and themedays with industry focus, hosted independently and in collaboration with strategic partners.

Quantifiable outcome

• 3+ billion DKK invested through the network
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability2 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• DealumcoreTechnology or IntegrationPlatform provider for collecting, managing, and evaluating startup applications and pitch decks. Used for dealroom management and member access.
• DTU (Technical University of Denmark)minorOthersAcademic partner providing innovation and startup pipeline.
• DeloitteminorOthersAdvisory and consulting partner.
• DLA PiperminorOthersLegal advisory partner.
• AccuraminorOthersLegal advisory partner.
• Beck BruunminorOthersLegal advisory partner.
• Connect DenmarkminorOthersBusiness incubator and ecosystem partner.
• TechBBQminorOthersTech community and events partner.
• InnoFounderminorOthersStartup ecosystem partner.
• DreamcraftminorOthersAdvisory partner.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Seed Capital Denmark: Seed Capital is Denmark's leading early-stage venture fund, partnering with and often co-investing alongside DanBAN angels. Comparable Danish ecosystem player addressing the same founders, typically at slightly later stages than the DanBAN network.

Direct peers

• EBAN (European Business Angels Network): EBAN is the pan-European federation of business angel networks, directly analogous to DanBAN's role at the national level in Denmark. Both operate membership-based models connecting private investors with early-stage startups through dealflow, events, and education programs.
• BAND (Business Angels Netzwerk Deutschland): BAND is Germany's largest national business angel network, offering a directly comparable membership-based model with dealflow platforms, regional chapters, and investor education. Same organizational template as DanBAN at larger national scale.
• FiBAN (Finnish Business Angels Network): FiBAN is the leading national business angel network in Finland with a comparable non-profit/membership structure, dealflow processes, and member education focus. Directly comparable Nordic peer with similar investor matching and pitch event models.
• Keiretsu Forum: Keiretsu Forum is a global angel investor network with chapters across multiple countries, operating a similar model of curated dealflow, pitch events, and due diligence support for member angels. Closest global-scale analog to DanBAN's network structure.
• NordicBAN / Sweden Business Angels: Nordic business angel networks in Sweden operate the same non-profit, member-driven model focused on connecting private investors with startups. Direct cross-Nordic peer with overlapping investor pools and deal sourcing patterns.

Emerging players

• Accelerace: Accelerace is a Nordic accelerator and early-stage investor that overlaps with DanBAN in sourcing and screening Danish/Nordic startups. Comparable dealflow sourcing function, though Accelerace provides capital and structured programs rather than a pure membership network.
• Connect Denmark: Connect Denmark is a Danish business incubator and ecosystem partner listed in DanBAN's own partnership roster. Operates in the same early-stage Danish startup ecosystem, providing complementary mentoring and capital-connection services.

Broad incumbents

• AngelList: AngelList is the dominant global platform connecting early-stage startups with angel investors and rolling funds. A much larger, venture-backed incumbent that competes for the same intermediary role DanBAN plays at the national level.
• Techstars: Techstars is a global accelerator that connects startups with mentor-investor networks, partially overlapping with DanBAN's role in deal sourcing and investor matching at much larger scale and with structured programming.

Market position

Strengths5 records

Weaknesses2 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/danban
• Instagraminstagram.com/danishbusinessangels
• Xx.com/danban_org

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

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

M&A

Investments7 records

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

Frequently asked questions about Danish Business Angels