We focus on early stage technology companies with high growth potential. Our operation model is based on increasing the value of our portfolio companies. Our operation style resembles having professional serial entrepreneur co-founders for the duration of the early stages of the company; including our knowledge and business networks. We do whatever it takes to make our portfolio startups succeed.
We do pre-seed and seed investments; pre-seed investments being in the range of 15 – 90k€ and seed investments 200 – 400k€. The pre-seed is frequently used as a part of our due dilligence process.
Butterfly Ventures is a registered Alternative Investment Fund Manager (AIFM) by Finnish Financial Supervisory Authority (FIN-FSA) (Finanssivalvonta), and is a member of Finnish Venture Capital Association (FVCA), and adheres to the recommendations of Invest Europe, including the investor reporting guidelines, and the International Private Equity and Venture Capital Valuation Guidelines (IPEV).
Butterfly Ventures is fully owned and controlled by its partners. The company was founded in 2012, and has since then acted first as the management company for the Northern Startup Funds, and since 2016, as the management company for the Butterfly Venture Fund III.
The managed funds are Alternative Investment Funds (AIFs) and Butterfly Ventures adheres to the rules and regulations governing the management of Alternative Investment Funds, as defined in the Finnish AIFM Act (162/2014).