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Risto Siilasmaa

Angel · Espoo, Finland

#14 Investor Ranking 2026 Top 1% in Nordics
16 Portfolio companies+14% in 5 years
1 Unicorns
18 Investments
Jul 2025 Last investment
01 · Portfolio analysis

Where Risto Siilasmaa’s portfolio is concentrated.

Distribution of portfolio companies by headquarters country, sector, entry stage and current growth stage. Across all 16 portfolio companies. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.

By countryCount
  1. Finland14
  2. USA2
  3. Sweden1
By sectorCount
  1. Enterprise Software7
  2. Gaming3
  3. Security3
  4. Telecom3
  5. Food2
  6. Health2
  7. Education1
  8. Energy1
  9. Fintech1
  10. Music1
  11. Transportation1
By stage enteredCount
  1. Series A9
  2. Seed6
  3. Series B+1
By growth stageCount
  1. Early Growth8
  2. Breakout Stage7
  3. Late Growth2
02 · Portfolio market map

Inside Risto Siilasmaa’s portfolio.

The 17 highest-funded portfolio companies, of 16 tracked.

Wolt
Food · Unicorn
$8.1B
Small Giant Games
Gaming
$700M
HoxHunt
Security
$160M
Detectify
Security
$105M
Enevo
Food
$48M
Aurealis Therapeutics
Health
$15M
Donut Lab
Transportation
$110M
Mendor
Health
$6.8M
Inven
Enterprise Software
$49M
PlayRaven
Gaming
$18M
Frosmo
Telecom
$37M
Huimio
Music
$480K
Futurefly
Gaming
$12M
Meeshkan
Enterprise Software
$7.9M
Web of Trust
Security
$5.1M
youredi
Fintech
$4.8M
BandwidthX
Telecom
03 · Portfolio founders

Where Risto Siilasmaa’s portfolio founders come from.

32 founders across the 17 highest-funded portfolio companies — by current location, university attended, and the companies they worked at before founding. Sourced from the founder records the API links to each portfolio company.

LocationCount
  1. Finland22
  2. United States5
  3. Sweden4
  4. Switzerland1
UniversityCount
  1. Aalto University11
  2. University of Helsinki4
  3. KTH Royal Institute of Technology2
  4. Hanken School of Economics1
  5. Helsinki Metropolia University of Applied Sciences1
  6. Linköping University1
  7. Nackademin1
  8. Queen's University Belfast1
  9. Reserviupseerikoulu - Reservofficersskolan - Reserve Officer School1
  10. San Diego State University1
Previous companyCount
  1. Young & Skilled Growth AB3
  2. McKinsey & Company2
  3. Nokia Corporation2
  4. PwC2
  5. Sulake2
  6. Swappie2
  7. Aalto Entrepreneurship Society1
  8. Aalto University1
  9. Altorlocks1
  10. Basware1