How Icebreaker.vc raised Fund III using Papermark

Icebreaker.vc is a leading early-stage venture capital firm focused on investing in ambitious founders across Sweden, Finland, Estonia. Since launching in 2017, they've worked with nearly 400 founders, helping them grow from initial ideas to successful seed-stage companies.

Big News: Icebreaker.vc Fund III is Live! 🙌

Icebreaker.vc has officially started investing from Fund III! This milestone represents their continued commitment to supporting early-stage founders in the region.

As they shared in their announcement:

"We're stoked to share that we've officially started investing from Fund III! But the real shoutout goes to the incredible founders we've had the privilege to work with since launching Icebreaker.vc in 2017. Nearly 400 founders have been part of this journey, shaping not just their own companies but also teaching us along the way. Thank you for your trust, drive, and relentless ambition!"

Investment Approach

Icebreaker.vc has established itself as a key player in the early-stage investment landscape:

• Truly Early-Stage Focus: They've taken the most companies from idea-stage to seed combined in Finland, Sweden, and Estonia
• Defined Investment Path: Supporting companies raising less than 1M EUR rounds and helping them secure more than 1.5M EUR follow-on funding
• Active Support: Providing hands-on guidance right from the beginning of a company's journey

The Challenge

As a venture capital firm managing multiple funds and working with hundreds of founders, Icebreaker.vc faced several challenges in their fundraising and portfolio management processes:

1. Secure Document Sharing: Needed a secure way to share sensitive investment materials with potential LPs
2. Engagement Tracking: Lacked visibility into how investors were interacting with their fundraising documents
3. Access Control: Required granular permissions to protect confidential information
4. Streamlined Communication: Wanted to simplify the process of sharing updates with current and potential investors

Papermark Solution

Icebreaker.vc implemented Papermark to address these challenges and streamline their fundraising process. The solution provided:

• Secure Data Rooms: Organized and protected spaces for sharing sensitive investment information
• Link Protection: Granular access controls to ensure only authorized individuals could view specific documents
• Engagement Analytics: Real-time insights into how investors engaged with their materials
• Professional Presentation: Branded experience that maintained their professional image

Results and Testimonial

After implementing Papermark, Icebreaker.vc experienced significant improvements in their fundraising and investor relations processes:

The team at Icebreaker.vc particularly values:

• Data Rooms: Secure, organized spaces for sharing fundraising materials
• Link Protection: Granular control over who can access sensitive information

With Papermark, Icebreaker.vc has been able to successfully launch Fund III while maintaining the security and professionalism that investors expect from a leading venture capital firm.

If you're building something bold and looking to take it to the next stage, Icebreaker.vc invites you to reach out and start a conversation about potential investment opportunities.