Just 18 months after landing its first customer, Evertrace, a Copenhagen-based fintech startup, has reached a significant milestone: more than 100 venture funds worldwide now rely on its platform to identify and track emerging founders before they gain widespread attention. This rapid adoption signals a fundamental shift in how venture capitalists source their next big investment—moving from informal networking to a data-driven, systematic approach.
Evertrace was born from a simple yet powerful idea: to help investors discover promising founders earlier and with greater precision. What started as a signaling tool for early-stage funds has evolved into a comprehensive sourcing platform, integrating detection, outreach, and monitoring into a single, seamless workflow.
“When we started selling on April 4th, 2024 – 80 weeks ago – we had a simple hypothesis: that software could do a better job sourcing startups and founders than humans could,”
said Simon Bøttkjær, co-founder
Traditionally, venture capital has relied on networking and serendipitous introductions to uncover deal flow. But as competition intensifies, funds are turning to technology-driven solutions to gain an edge. Evertrace’s platform uses advanced data analytics and AI to surface high-potential founders before they appear on the broader radar, enabling investors to act faster and with more confidence.
The company’s growth reflects this industry-wide transformation. Evertrace is now used by leading venture funds across Europe and beyond, including Creandum, Atomico, Cherry Ventures, Heartcore, ByFounders, and Antler. While adoption has been strongest in the Nordics, DACH, and Benelux regions, Evertrace is rapidly expanding into the UK, US, and Southern Europe.
Evertrace’s platform doesn’t just identify founders—it provides actionable insights that allow investors to monitor progress, engage proactively, and make informed decisions. By consolidating multiple steps of the sourcing process, the platform is streamlining workflows and reducing inefficiencies that have long plagued the industry.
