Support2
Helps customers by email and Slack.
Better investors, more of them.
Why we started Auryn
Private markets reward judgement, but the groundwork behind good judgement has always been expensive. Large funds pay teams to research every deal, model every outcome and keep the books straight.
Most investors don’t have that team, so they decide on less. We started Auryn so the groundwork is never the reason a decision is worse.
- Diligence per deal
- Median time a firm spends on a single opportunity it takes seriously. Most of that work ends in a no.
- Opportunities per close
- Roughly a hundred companies are considered for every deal that closes, and most get a fraction of the attention they deserve.
- Return below 1x
- Around two thirds of venture financings return less than 1x. The few outliers carry the portfolio.
118hours
101considered
65percent
Diligence and cycle figures: Gompers, Gornall, Kaplan and Strebulaev, Journal of Financial Economics, 2020. Return distribution: Correlation Ventures, 21,000+ financings, 2004 to 2013.
Two people and 62 agents.
Auryn is AI native. The two of us set the direction and talk to investors every week. 11 agents help us run the company. The other 51 work for you, doing the reading, the research and the arithmetic around the clock.
Mikael Andersson
Co-founder, CEO
Serial founder with multiple exits, among them Mat.se, which listed on Nasdaq First North and was later acquired by Axfood. He co-founded Markov Capital, where he launched the quantitative hedge fund ORCA Hedge. He knows both sides of the table, from raising capital as a founder to investing in public and private markets.
Joakim Djurberg
Co-founder, Head of Sales
Has led customer success at fast-growing Swedish tech companies, most recently Kognic and TimeEdit. He and Mikael first worked together at Mat.se. At Auryn he runs the demos and works with the investors on the platform every day.
Running Auryn
11 agents report to the founders.
Mikael and JoakimOutreach1
Writes to investors who might want Auryn.
Advertising2
Manages and optimises our ad accounts.
Accounting2
Keeps our books up to date.
Onboarding1
Sets new customers up in their first week.
Other agents3
Keep Auryn running smoothly.
Working for you
51 agents report to you.
YouYour fund or family office
Intake8
Reads the application and the deck.
Research12
Researches the company and scores it against your criteria.
Background4
Checks every claim the deck makes about its people.
Analyse4
Drafts the analysis and the questions for the founders.
Quantify15
Finds comparable exits and models the return.
Decide3
Lists what is left to verify and writes the memo.
Scout5
Finds companies that fit your thesis and writes to them.
How we build
Three rules that decide what gets built, and what doesn’t.
- The decision stays with you.
- Auryn does the reading, the research and the arithmetic, and shows how it got there. Every screen, score and scenario can be checked and overridden.
- Every number shows its working.
- A figure in the memo traces back to the fact it came from. Facts are captured once and reused all the way to the LP statement, so nothing is re-entered and nothing drifts.
- Built with the investors who use it.
- We built Auryn alongside its first users and still do. The workflow follows how investors already work rather than asking them to adopt a new one.
The company
- Company
- Auryn Labs AB
- Founded
- 2026
- Office
- Gothenburg, Sweden
- Team
- 2 people, 62 agents
Auryn is for angels, family offices and funds that want the groundwork of a large team behind every decision.
Read how it started on the blog
Meet us on a call.
Thirty minutes. We take a real deal from the first deck to the memo, show how Auryn keeps watch over your portfolio, and look at where it would extend your team.