Mode VC

byFounders

byFounders is a generalist investor based in Oslo that leads Pre-Seed and Seed rounds, writing checks from $500k to $10 million, backing companies like Lovable and SafetyWing.

Website
Entry stagePre-seed, Seed
Check size$500K to $10M
Leads roundsYes
FocusGeneralist
Latest fundn/a
Investing team11 peopleNo activity since Sep

Who you would pitch at byFounders

11 people on the investing team, 5 of them partners who can make the call. Partners are listed first.

Eric Lagier
Eric LagierFounding PartnerHe is a Founding Partner at byFounders and previously worked at Skype and Tradeshift.
Tommy Andersen
Tommy AndersenFounding PartnerHe has co-founded and exited three companies and is involved in the Danish tech and impact ecosystem.
Magnus Hambleton
Magnus HambletonPartnerHe previously led data and product teams at Natural Cycles and worked at BCG.
Sara Rywe
Sara RywePartnerShe previously worked as a management consultant at McKinsey & Company and held a strategy role at Danske Bank.
Martin KragPartnerHe has experience building bootstrapped companies and was previously a professional online poker player.
Deina Kellezi
Deina KelleziInvestorShe focuses on the Nordic startup ecosystem and emphasizes the importance of founder narratives.
Johan Jessen
Johan JessenInvestor
Ugne Musneckyte
Ugne MusneckyteInvestorShe previously worked at Morgan Stanley and holds an economics degree.
Casper BjarnasonInvestorHe is listed among the firm's investors in provided excerpts.
Nathaniel StummanInvestor
Peik BergInvestor

Work here and something is wrong? Ask for a correction.

Writes $500K to $10M checks. Its smallest check is larger than 71% of firms in the atlas.

Bars: how many firms in the atlas report each band. Highlighted: this firm.

No recent activity since September 2026. Quiet does not mean closed.

Weekly count of activity updates. Activity is not a confirmed deal.

Notable investments

LovableMontaSafetyWingUizardCortiContractbookLucinityVerda

In their words

byFounders — Backing those who define what's nextThe community powered VC of the New Nordics.byfounders.vc
Founders and investors at a Mode VC gathering

Send Mode VC your deck

Raising a pre-seed or seed round? We write $1M to $5M first checks and help founders with distribution. A partner reads every deck.

Send your deck

Alert me when byFounders is active

One email when this firm shows new activity. Nothing else.

Firms like byFounders

Cowboy Ventures$500K to $10M · active Oct 13
Javelin Venture Partners$500K to $10M · active Sep 23
Outsiders Fund$500K to $10M · active Sep 27
Relay Ventures$500K to $10M · active Oct 7
The Longevity Fund$500K to $10M · active Sep 24
Valhalla Ventures$500K to $10M · active Sep 30

On these lists

Seed investors3020Pre-seed investors1696

Questions

What stage does byFounders invest in?

byFounders reports entry at pre-seed, seed.

How much does byFounders invest?

byFounders reports checks of $500K to $10M.

Does byFounders lead rounds?

Yes. byFounders says it can lead.

Who are the partners at byFounders?

Eric Lagier (Founding Partner), Tommy Andersen (Founding Partner), Magnus Hambleton (Partner), Sara Rywe (Partner), Martin Krag (Partner).

Is byFounders active right now?

No recent activity since September 2026.

Work at byFounders? Claim or correct this profile.