# Outlast Fund

Outlast Fund is a Private Equity based in Riga, Latvia.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Riga, Latvia
- **Region:** Europe
- **Address:** Riga, Latvia
- **Founded:** 2018
- **Assets under management:** €21M (per firm website)
- **Website:** www.outlastfund.com
- **LinkedIn:** https://www.linkedin.com/company/outlastfund

## Regulatory record

- **Reports private funds:** No

## About

Outlast Fund is a Latvian investment firm that provides venture capital to pre-seed and seed software start-ups in the Baltics and Nordics. It focuses on this specific region. The firm invests in early-stage companies.

## Sectors

- B2B SaaS
- AI/ML
- Digital Health
- FinTech
- Cybersecurity

## Offices

- Stockholm, Sweden

## Questions

### How does Outlast Fund source deals across the Baltics and Nordics?

The firm operates from two hubs—Riga and Stockholm—and emphasizes deep local connectivity. It accepts both warm introductions and cold outreach, provided the pitch is brief, direct, and demonstrates a clear problem worth solving. In late 2023, Outlast launched a program called Shipyard to engage founding teams before they meet traditional fundability thresholds, signaling a sourcing model that reaches earlier than most regional peers.

### What is Outlast Fund’s follow-on strategy?

Outlast reserves up to €1.5 million in follow-on capital for portfolio companies that deliver on early milestones. The firm describes this as ‘muscle capital’ intended to help teams scale fast after proving traction, rather than a pro-rata entitlement. The initial fund size of €21 million is structured to allow concentrated follow-on deployment without spreading the portfolio too thin.

### How quickly does Outlast Fund move from first meeting to term sheet?

The firm targets a two-to-three-week decision cycle, assuming founders are responsive and transparent. Its described process—customer calls, product demo, market and team deep-dive, and data-room review—is compact relative to many institutional seed funds, reflecting the small team and concentrated mandate.

### What is Outlast Fund’s relationship to the broader Nordic venture ecosystem?

Outlast positions itself as a local, deeply connected player with a pan-regional lens rather than a satellite office of a larger Nordic or European fund. Its dual headquarters in Riga and Stockholm and its €21 million fund size suggest a firm built from the ground up for the Baltic-Nordic corridor, rather than a generalist European fund with a regional allocation.

## Related profiles

- [Outlander VC](https://altss.com/profile/outlander-vc)
- [Outliers Venture Capital](https://altss.com/profile/outliers-venture-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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