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Our programs
/
Early Stage

Nordics Pre-Seed Incubator Batch 2

August 2023 to December 2023
Tallinn

Receive EUR50k initial investment to build your venture. Join the leading pre-seed incubator for exceptional founders and scalable ideas, with a special focus on impact and sustainability.

Come build your venture with Tenity, the leading incubator dedicated to exceptional founders creating the future of finance. If you are passionate and motivated entrepreneur, who has the drive and ambition to make your startup a success, we at Tenity will help you get there faster!

We are looking for founders across all areas of Fintech and Insurtech, but also for Deeptech with a solution or use case for the financial industry.  Furthermore, in the Nordic & Baltic program, we have an extra focus on impact, sustainability and climate fintech solutions, where we add on special breakout sessions for these startups, capturing the unique position the Nordic & Baltic region possess within sustainability.

We invest EUR 50K in the startups selected for the program, in exchange for an equity stake of 2.5% and program participation fee of EUR 10K. In addition, we may invest in your subsequent financing rounds according to the Tenity Deal.

The decision on the follow-on investment is separate from the initial investment and will be evaluated case-by-case. If applicable, we might invest in your following financing round approx. EUR 250K.

New deadline: May 21, 2023.

What
Pre-seed intensive hands-on incubation program with masterclass weeks spread out over the 4 months.
When
Applications are open until the 14th of May. The program starts in late August 2023 and runs through December 2023.
Where
In our new hub in the Nordics & Baltics, with Tallinn (Estonia) as a base.

Application Timeline

Benefits

Receive Funding

Receive up to EUR 300k initial investment. In addition, we may follow-on up in your subsequent funding round (decision on a case-by-case basis according to the Tenity Deal).

Laser-focus on Fintech & insurtech

We live and breathe Fintech and Insurtech and know what it takes to succeed. We've worked with more than 300 early-stage startups in this space.

Access our investor network

Our program gets you investment ready and in front of our global investor network.

More than 200 world-class mentors

Over the past seven years, we've built a specialized network of over 200 mentors and experts that are happy to support exciting ventures and ambitious founders.

Some of our success stories

Zurich
Funding

Relio announces CHF 3 Million Seed Funding Round!

Alumni Relio just announced their CHF 3 Million Seed Funding Round! Supported by many awesome investors, such as TX Ventures and High-Tech Gründerfonds, SIX Fintech Ventures, and Tenity Incubator & Accelerator.

Zurich
Funding

Keyrock raises USD72M Series B

Switzerland Acceleration alumni Keyrock raises USD72M Series B from Ripple, MiddleGame Ventures and SIX Fintech Ventures

Zurich
Funding

Vestr secures CHF 10mn in financing

The Swiss fintech startup and Tenity Alumni, vestr, just announced they secured CHF 10mn in financing led by Elevator Ventures!

What we'll cover

Find out what we will cover in our masterclasses.

Pillar 1

Make invaluable connections

Through a wide range of formats, we enable connections with our ecosystem and our corporate partners to explore potential PoCs.
Pillar 2

Investment Team Support

Our investment team is here to support and coach you in getting investment-ready and accompanies you in your journey to fundraise.
Pillar 3

Expert Sessions & Mentoring

The program includes expert sessions from problem/solution-fit to go-to-market strategy, fundraising & structure, and access to our large mentor network.
Pillar 4

Branding & Credibility

Be featured in media through our program reveals, gain visibility at events and make a splash at Demo Day.

Requirements

Focused on the financial industry

You are a Fintech, Insurtech, or a RegTech, DeepTech, Web3, Sustainable Finance, LegalTech, or Crypto Finance startup with a solution or use case for the finance or insurance sector.

Early-stage

You are re-revenue, are in ideation stage, have a prototype or MVP. You do not need to be incorporated before the start of the program.

You have a founding team

Building a startup is hard and we believe that no person can do it by themselves. While you may apply as a solo-founder, you would need to find a cofounder before the program starts, as we do accept teams and not solo founders.

Focus topics

Alumni Startups

Kvikk

2023
Tallinn

Kvikk is a B2C Insurtech company disrupting the travel insurance sector through our groundbreaking mobile platform. We are launching travel insurance on-demand by leveraging GEO-fencing technology.

Greencent

2023
Tallinn

Greencent is a new generation loyalty system in the form of an app measuring and rewarding reductions of CO2 emissions resulting from activities performed by individuals in mobility.

Daysave

2023
Tallinn

Daysave helps the young to start to save and investment by sending personalised deposit requests weekly. Effectively creating an automated, personalised, and engaging user journey -- like Duolingo.

Equintel

2023
Tallinn

Equintel uses Big Data and AI to deliver ESG assessments. Our primary goal is to achieve transparency and objectivity in ESG and address the major shortcomings of ESG reporting and ratings.

GeekPay

2023
Tallinn

GeekPay is a Payoneer in crypto

InCharge

2023
Tallinn

We provide a loan managemen platform

Root

2023
Tallinn

Root (FKA Resolut) is a platform to mobilise a new generation and community of activist retail investors who can combine their voices to engage with the companies in their portfolio and drive real change.

Meet
the team

Kevin Chavanne

Kevin Chavanne

Investment Manager | Tenity
Uve Poom

Uve Poom

Head of Operations | Tenity

Meet the executive mentors

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Have questions?

Reach out to our team

Kevin Chavanne

Kevin Chavanne

Investment Manager | Tenity

Apply now

Receive EUR50k initial investment to build your venture. Join the leading pre-seed incubator for exceptional founders and scalable ideas, with a special focus on impact and sustainability.

FAQ

Am I a perfect fit?

Sector: You are FinTech, InsurTech, RegTech,LegalTech startup or adjacent with use cases for financial industry

Geography: Early-stage investing is local. We are looking for companies from:

CH: DACH, Europe and UK

NOR: Europe and UK

SNG: Singapore and southeast Asia

Team: At least 2 co-founding members (working minimum 80% on the startup) and ideally complementary, who have worked together before.

Maturity: Pre-revenue. You are in ideation stage, have a prototype or MVP .You do not need to be incorporated before the start of the program.

Fundraising: You are pre-seed and plan to raise a funding round within the next 6 to 12 months at a valuation anywhere between CHF2M and, but not more than, CHF4M.

What are the conditions of the program?

We invest up to CHF/EUR 300k or 450k SGD in the startups selected for the program, in exchange for an equity stake and a program participation fee of CHF/EUR 12’000 or SGD 18’000.

The program participation fee is due after receiving the above investment.

In addition, we may invest in a following round.

Do we need to be incorporated before applying?

No, you don’t have to be incorporated. But you have to incorporate by the first masterclass.

Do you accept solo founders and who needs to participate in the program?

We don’t accept solo founders, but teams who have minimum 2 cofounders 100% committed on the startup.

The time commitment for the program is 4 weeks in total (1 week per month, for the duration of each masterclass week). At least 2 co-founders must be present during that time.

All co-founders must have astake in the company and represented on the cap table.

My startup is not fintech, can I still apply?

We are looking for  Fintech, Insurtech, or RegTech, DeepTech, Web3, Sustainable Finance, LegalTech, CryptoFinance startups or startups with a solution or a use case for the finance or insurance sector. So even if you don't strictly fall into the Fintech category, if any of the above applies to you, we are happy to see your application!