Where is Sting's headquarters located?

Sting's headquarters is located in Stockholm ( Sweden ).

How big is Sting's investment team?

Sting has a team of 17, including 6 partners.

How many companies has Sting invested in?

Sting has invested in 141 companies, including Airmee & Sellpy.

Which companies has Sting invested in lately?

BrainZell & Legimeet are the latest investments by Sting.

What sectors does Sting focus on for investments?

Top sectors in Sting's portfolio are Enterprise Applications (50 investments) and Consumer (49 investments).

What stages of companies does Sting typically invest in?

Sting primarily invests in Seed and Series A stages.

How many exits has Sting been involved in?

Sting's portfolio has seen 4 IPOs and 9 acquisitions.

Sting - 2025 Investor Profile, Portfolio, Team & Investment Trends - Tracxn

1. Airmee

Airmee is a provider of AI-based last-mile delivery management solutions. Its online platform integrates with online stores to offer same-day delivery services, routing, scheduling, demand prediction, analytics, and courier selection. It caters to retailers, logistics providers, and businesses with logistics flows.

Key facts about Airmee

Founded Year: 2016
Location: Stockholm (Sweden)
Stage: Series A
Total Funding till date: $10.2M
Investors: Quinary Investment, Creades and 11 Others
Latest Funding Round: Series A, Jun 24, 2020, $5.37M
Highlight: Editors' Pick

2. Sellpy

Online consignment platform offering second-hand multi-category products. The product catalog includes fashion, beauty, electronics, stationery, home appliances, decor, pet supplies, baby care, and more. The application is available on both iOS and Android platforms.

Key facts about Sellpy

Founded Year: 2014
Location: Stockholm (Sweden)
Stage: Acquired
Total Funding till date: $125K
Investors: Sting, H&M and 1 Other
Latest Funding Round: Seed, Mar 03, 2015, $125K
Highlight: Acquired

3. Mantex

Developer of X-ray systems for biomass and pulp analysis. These systems provide real-time analysis of moisture and ash content in various materials, enabling optimized industrial processes. The technology improves efficiency and reduces waste in bioenergy and pulp and paper production. Products include the Biomass Analyzer for biomass quality assessment and the FlowScanner for real-time wood chip analysis in pulp production. The company partners with manufacturers for production.

Key facts about Mantex

Founded Year: 2007
Location: Stockholm (Sweden)
Stage: Public
Total Funding till date: $8.82M
Investors: Industrifonden, European Union and 6 Others
Latest Funding Round: Grant (prize money), May 31, 2018, $1.9M
Highlight: Public

4. ReOrbit

Manufacturer of software-enabled satellites for secure space communications. These satellites are designed for autonomous operation and inter-networking, facilitating efficient data flow in space. The company develops its own software and integrates flight-proven hardware from a network of partners. Satellite architectures are software-defined, allowing for in-orbit reconfiguration and adaptability to various payload applications. The offered satellites support secure data transmission across multiple orbits, enhancing connectivity and resilience. This technology addresses the need for reliable and fast data transfer for commercial and governmental uses.

Key facts about ReOrbit

Founded Year: 2019
Location: Helsinki (Finland)
Stage: Seed
Total Funding till date: $7.4M
Investors: Business Finland, Seraphim and 6 Others
Latest Funding Round: Grant (prize money), Dec 21, 2023
Highlight: Editors' Pick

5. Encare

Provider of web-based software platform for perioperative care to surgical clinics. The company's solution offers surgical clinics to implement and maintain Enhanced Recovery after Surgery (ERAS), a clinical care protocol to improve surgical care in perioperative care. It's software components include ERAS protocol for perioperative care, ERAS audit system for surgeries, ERAS implementation tool, and ERAS tool for comparisons of outcomes.

Key facts about Encare

Founded Year: 2009
Location: Stockholm (Sweden)
Stage: Series A
Total Funding till date: $4.88M
Investors: Sting, Northislet and 2 Others
Latest Funding Round: Series A, May 29, 2023, $1.61M
Highlight: Editors' Pick

Want to see the entire list?

Sting has invested in 141 companies over the last 20 years, with an average of 11 new investments annually in the last 10 years. In 2024, it made 1 investment. Its most recent first time investment was in BrainZell and most recent follow-on round was in Earthbanc.

Here are Sting's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2025 (YTD)	0	0	0
2024	1	0	1
2023	1	0	1
2022	8	1	9
2021	10	0	10
2020	16	0	16
2019	15	0	15
2018	18	1	19
2017	21	0	21
2016	8	0	8

View all investments by Sting

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Sting has made 121 investments in Seed stage with an average round size of $142K, 7 investments in Series A stage with an average round size of $2M, 2 investments in Grant (prize money) stage with an average round size of $29.4K, 1 investment in Angel stage and 1 investment in Unattributed stage with an average round size of $3.25M.

Here are Sting's investments by stage:

Note: We have considered here, only first round of investments

Stage of entry	No. of Investments
Seed	121
Series A	7
Grant (prize money)	2
Angel	1
Unattributed	1

View all investments by Sting

Sting has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Retail, High Tech and HealthTech. Notably, it has invested in 114 Tech companies, 76 Enterprise (B2B) companies, 62 Software companies and at least 56 companies focusing on Consumer (B2C).

Here are Sting's investments by sector:

Note: We have considered here, only first round of investments

Sector	No. of Investments
Enterprise Applications	48
Consumer	47
Retail	21
High Tech	16
HealthTech	14
Others	129

View all investments by Sting

Sting has made most investments in Sweden (125), followed by United States where it has made 2 investments.

Here are Sting's investments by geography:

Note: We have considered here, only first round of investments

Country	No. of Investments
Sweden	125
United States	2
Finland	1
Netherlands	1
Vietnam	1

View all investments by Sting

Sting has not made any investment in 2025 so far.

Here are the most recent investments by Sting:

Date	Company	Location	Round Details	Round Amount	Co-Investors
Aug 27, 2024	BrainZell	Sweden	Seed	$1.47M	Industrifonden [+4]
Feb 07, 2023	Legimeet	Sweden	Seed	$47.2K	-
Oct 21, 2022	TeraSi	Sweden	Seed	Undisclosed	KTH Holding [+3]
Sep 06, 2022	Reload	Sweden	Seed	Undisclosed	-
Sep 06, 2022	Ovulai	Sweden	Seed	Undisclosed	-

Get the detailed list of all investments by Sting. Download now!

See more recent investments made by Sting

4 of Sting's portfolio companies have become public. Mantex got listed on the Nordic and Baltic regions (NASDAQ OMX), in May 2017 and Brighter got listed on the Nordic and Baltic regions (NASDAQ OMX).

Here are Sting's portfolio companies that went public:

Company	IPO Date	First Invested on	First Round of Investment	Round Size
Mantex	May 05, 2017	Jan 17, 2011	Series A	$3M
Brighter	Feb 03, 2012	-	-	-
Cortus Energy	-	Feb 19, 2009	Seed	$227K
myFC	-	2006	Seed	Undisclosed

View more details about public companies in Sting's portfolio

9 companies from Sting's portfolio have been acquired. The most recent acquisition were Esgaia in Mar 2025 by Glass Lewis.

Here are Sting's portfolio companies that got acquired most recently:

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Esgaia	Mar 11, 2025	Sep 07, 2020	Seed	$45.7K
DPOrganizer	Jun 05, 2024	Aug 29, 2016	Seed	$33K
Match2One	Sep 30, 2021	Feb 18, 2016	Seed	$35.3K
Ugglo	Sep 09, 2021	Oct 30, 2018	Seed	Undisclosed
APPRL	Jul 27, 2021	Nov 21, 2014	Seed	$33.8K

View all acquired companies in Sting's portfolio

Sting has a team of 17 members including 6 Partners and 3 Principals located in Sweden and United States. Sting's team does not sit on the board of any company as of now.

Here is a list of top team members in Sting:

Name	Designation	Location	Board Memberships	Contact details
Emanuel Andersson	Partner	Stockholm	-	2 Emails
Par Hedberg	Partner	Stockholm	-	1 Email, 1 Phone number
Staffan Ingvarsson	Partner	Stockholm	-	-
Denny Johnson	Partner	Rockford	-	-
Karin Ruiz	Partner	-	-	1 Email
Emanuel Andersson	Partner	-	-	1 Email
Mattias Falkendal	Principal	Stockholm	-	-
Charlotte Ekelund	Principal	-	-	-
Per Holmkvist	Principal	Stockholm	-	-
Henrik Torstensson	Advisor	Sweden	-	2 Emails
Johanna Wollert Melin	Advisor	Danderyd	-	1 Email, 1 Phone number

Get the full list of Sting's team & partners for free. Download now!

View team details of Sting

Over the past 20 years, 210 investors have co-invested in Sting's portfolio companies.

Invested before Sting: Vinnova, KTH Holding and 21 others have invested in rounds before Sting. There are 3 companies where Vinnova has invested before Sting and 3 companies where KTH Holding has invested before Sting.
Top Co-investors of Sting: 46 investors entered a company along with Sting. These include investors like Industrifonden (2 companies).
Invested after Sting: A total of 141 investors have invested in Sting's portfolio after their investments. Top Investors include European Union (5 companies), Almi Invest (4 companies) and Alfvén & Didrikson (3 companies).