Ugly Duckling VC
Overview
Ugly Duckling Ventures is a venture capital firm based in Copenhagen, Denmark, focusing on early-stage investments in Nordic B2B subscription startups at the seed and pre-seed stages. Founded in 2021 by Andreas Green Rasmussen and Rune Hven-Jensen, with Louise Lachmann joining as a partner in 2024, the firm emphasizes active involvement, providing strategic guidance, mentorship, and access to a valuable network to support portfolio companies. Their investment strategy includes smaller initial investments with significant follow-on funding, aiming to accelerate growth and prepare startups for scale.
Is Ugly Duckling VC the right VC for your startup? Browse their investment focus, stage preferences, and geographic scope to see how well they align with your fundraising goals. Your full match score with Ugly Duckling VC, along with a list of other relevant VCs, is available on Hopohopo.io.
Investment focus
Invest in
- Nordics
Customer types
- B2B
Product type
- Software
How to approach funds like Ugly Duckling VC
When reaching out to Ugly Duckling Ventures, founders should highlight their traction in the Nordic B2B SaaS space and demonstrate a clear path to scalable, recurring revenue. Emphasize your team's ability to execute and your openness to hands-on collaboration, as the firm values founders who are coachable and eager to leverage investor expertise. Articulate how your startup can benefit from strategic guidance and network access, and be prepared to discuss how you plan to use both initial and potential follow-on capital to drive measurable growth.
Investment role
Lead and follow
Stages
Pre-seed, Seed
First ticket size
€100,000 - €1,500,000
Contact information
Co-Founder & General Partner
Rune Hven-Jensen
General Partner
Louise Lachmann
Co-Founder & GP
Andreas Rasmussen
Find the best-fitting investors for your startup
Stop wasting weeks searching for the right investors. Upload your deck and get matched with investors who actually fit your startup — so you can focus on building, not chasing.
