Organization · Accelerator

Accelerace

Accelerace is a pre-seed investor and startup accelerator based in the Nordic region, focusing on early-stage startups across various sectors. Since its founding in 2008, it has supported over 1000 startups and co-manages accelerator programs throughout Europe.

AcceleratorFunderProgram hostCommunity

Overview

What Accelerace does

What Accelerace is

Accelerace is a pre-seed investor and startup accelerator based in the Nordic region, focusing on early-stage startups across various sectors. Since its founding in 2008, it has supported over 1000 startups and co-manages accelerator programs throughout Europe.

How it participates in the startup ecosystem

The current public profile supports funder and program host and community capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.

Operational profile

Organization status and context

Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.

Operational status
Active
Organization type
Accelerator
Founded
Founded in 2008
Approximate age
About 18 years
Structured capabilities
Funder · Program host · Community
Last reviewed
March 27, 2026
What Accelerator means

An accelerator is a structured, short-term program designed to speed up a startup's progress toward product-market fit, traction, fundraising, or scale.

Open the glossary entry

Official channels

Find Accelerace elsewhere

Open the official website or a supported primary organization account.

Capability profile

Accelerace as a funder

Investment thesis

Accelerace focuses on supporting early-stage startups, particularly in the Nordic and Baltic regions, by providing funding and access to a community of successful founders. They specialize in pre-seed investments across various sectors, including technology, fintech, and healthtech.

Focus narrative

Accelerace invests in pre-seed stage startups across a diverse range of sectors, including technology, fintech, and healthtech. They co-manage accelerator and mentoring programs throughout Europe, facilitating corporate matchmaking to connect startups with established companies. Their investment strategy includes providing standardized convertible loans to startups before they have customers or revenue.

Value beyond capital

Accelerace adds value to its portfolio companies by providing access to a robust network of successful founders and industry experts. They offer tailored mentoring and support through their accelerator programs, helping startups refine their business models and connect with potential partners and customers. Additionally, their standardized convertible loans provide essential early-stage funding to help startups grow.

Terms and economics

Typical check
$50,000–$1,000,000

Focus and fit

Stages
Pre-seed · Seed · Seed+
Sectors
Fintech
Regions
Nordics

Availability

Currently deploying
Yes

Portfolio and track record

Recorded portfolio count
200
Recorded notable exits
Coinify, Actimo, Penneo, and Donkey Republic

Portfolio context

Accelerace has invested in over 200 startups since its inception. Notable portfolio companies include: Coinify: A financial technology company that builds payments infrastructure for cryptocurrency, acquired by Voyager for $85 million in 2021. Actimo: A mobile-first employee engagement platform, acquired by Kahoot! in 2020. Penneo: Automates workflows related to client onboarding and document management, listed on Nasdaq Copenhagen in 2022. Donkey Republic: A global bike-sharing service, listed on Nasdaq First North Growth Market Denmark in 2021. Dreamplan: A financial planning platform that raised a seed round in 2022.

Capability profile

Accelerace as a program host

Program thesis

Accelerace is a pre-seed investor and startup accelerator focused on supporting early-stage startups in the Nordic and Baltic countries by providing funding and access to a community of successful founders.

Focus narrative

Accelerace invests in pre-seed stage startups across various sectors, including technology, fintech, healthtech, and more. They co-manage accelerator and mentoring programs throughout Europe and facilitate corporate matchmaking to connect startups with established companies. Their investment strategy includes providing standardized convertible loans to startups before they have customers or revenue.

Value and support

Accelerace offers funding, mentorship, access to a community of successful founders, and corporate matchmaking opportunities for startups.

Terms and economics

Indicative investment
$1,000,000

Format and cadence

Cohorts per year
30
Format
Hybrid

Availability

Application state
Accepting

Focus and fit

Stages
Pre-seed
Sectors
Fintech
Regions
Nordics

Alumni and track record

Alumni context

Notable portfolio companies include Coinify, a financial technology company acquired by Voyager for $85 million in 2021; Actimo, a mobile-first employee engagement platform acquired by Kahoot! in 2020; Penneo, which automates workflows related to client onboarding and document management, listed on Nasdaq Copenhagen in 2022; Donkey Republic, a global bike-sharing service listed on Nasdaq First North Growth Market Denmark in 2021; and Dreamplan, a financial planning platform that raised a seed round in 2022.

Capability profile

Accelerace as a community

Community overview

Accelerace is a pre-seed investor and startup accelerator founded in 2008, based in the Nordic region. The organization focuses on supporting early-stage startups, particularly in the Nordic and Baltic countries, by providing funding and access to a community of successful founders.

Community focus

Accelerace invests in pre-seed stage startups across various sectors, including technology, fintech, healthtech, and more. They co-manage accelerator and mentoring programs throughout Europe and facilitate corporate matchmaking to connect startups with established companies.

Member value

Members gain access to funding, mentorship, and a network of successful founders. Accelerace provides standardized convertible loans to startups before they have customers or revenue, enhancing their chances of success.

Membership

Pricing models
fixed-tuition

Format and cadence

Modality
in-person
Schedule
rolling-admissions
Commitment
light

Audience and fit

Audience
Founders · Investors
Benefits
network-access and mentorship
Program types
accelerator and community
Selection criteria
application
Stages
Pre-seed
Sectors
Fintech
Regions
Nordics

Community activity

Notable members

Notable portfolio companies include Coinify, Actimo, Penneo, Donkey Republic, and Dreamplan.

Produced podcasts

Podcasts produced by Accelerace

These startup-relevant series have an explicit producer relationship to the organization. Open a guide to review its focus and latest episode destinations.

Common questions

What to know about Accelerace

Upseed classifies Accelerace under the Accelerator organization type. Its current public profile includes funder, program host, and community capabilities.

Next step

Keep comparing startup organizations

Return to the organization index or continue through a verified sector, place, peer, or program connected to this profile.

Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

March 27, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.