Wellstreet Journal - April Edition

๐ŸŒธ Spring is here and we are feeling the buzz! With now a straight line before the summer, it's #gotime ๐Ÿ
April 20, 2021
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Wellstreet Journal - April Edition

Dear friends,

Welcome to the Wellstreet Journal, our monthly round-up where we share Wellstreetโ€™s key activities, portfolio updates, and exciting announcements in our ecosystem!

๐ŸŒธ Spring is here and we are feeling the buzz! With now a straight line before the summer, it's #gotime๐Ÿ

What's Up?

๐Ÿ”” Looking for a great addition to the team!
We are growing our team and we are looking for an Associate to join us in Stockholm/Sollentuna. We're preferably after someone with a bachelor in economics or finance who has worked or interned in a high-performance environment in VC/management consulting/investment banking. The person will support the management and investment teams in daily operations and will be immersed 360 in Wellstreet's universe from day 1! Learn more about the position here and please share it within your communities.

โ€๐Ÿ”” ย Our latest Wellstreet Launchpad together with Google for Startups took place on 9th & 10th March, focusing on Leadership & Team Building. Here you can get a glimpse of what we covered. Huge thanks again to our expert panel and facilitators!

Portfolio Update

๐Ÿ›ฅ๏ธ Our portfolio company X Shore, which builds electric boats, raised 15 million euros in new funding! ๐Ÿ‘ We are so proud of their journey so far and we look forward to working with the new investors joining us. ๐Ÿ’ต๐Ÿ’ต๐Ÿ’ต

๐Ÿšธ In our last issue, we announced Hyberโ€™s new platform and the first month after launch has been a great success! Conversion rate has more than doubled, and they've surpassed their monthly growth targets three months consecutively! ๐ŸŒŸ

๐Ÿคธ ICIW continues growing during the pandemic and has positioned itself as a leader in its category.

๐ŸŽฒ Gamifiera welcomes Bangerhead as a new customer! The launch of their customer engagement assets is approaching, and here you can catch a sneak peek.

๐Ÿ’ก The government increased the allowance for employee benefits up to 2000 SEK, to ensure employers show their love after a tough few months of remote working. ย Skillbreak has the perfect gift for them to spend it on. ๐ŸŽ

Donโ€™t miss!

โฌฅ Is your tech team up to date with the latest products and insights from Google? All workshops and consumer, developer and technical sessions of this year's Google I/O will be held online and for free! You can register to attend and connect with developers from around the world for thoughtful discussions, hands-on learning with Google experts, and a first look at the latest developer products. ๐Ÿ’ปโซ

โฌฅ We are working hard on our ESG framework soon to be rolled out to our portfolio. Read here about our approach and how VCs, in general, are working on this. ๐ŸŒฑ๐Ÿ’ช

โฌฅ What is your opinion on the new legislation EU Startup Nations Standard (SNS) issued by European Commission? We love it. Will Sweden sign up?๐Ÿ“œ๐Ÿ–Š

Join and go #foreverforward!

We are not the only ones expanding our teams! Our portfolio also has a few job openings that you can check out and share with your contacts.

โฌฅ Maintract is looking for a new CTO, do you know any candidates?

โฌฅ Hyber has two spots! Applications for the Customer Service position are ongoing, but they are also on the look-out for a Head of Growth. Hit reply to us for more info.

โฌฅ As usual, DanAds also has an open position (such growth!), this time for Inside Sales Lead Generation Representative.

โฌฅ Retail returns king Returnado is looking for a Customer Success/Project Manager.

โฌฅ Oj oj oj! Skillbreak is on fire with 3 open positions: one for Selling Project Manager, and two content internships.

If you enjoyed this issue, please reach out to us at ย with your thoughts and comments and feel free to share with anyone who might enjoy it too!

Jess & the Wellstreet Team