
Utfallsfonden is an impact fund supporting municipalities and regions in their transition to smarter welfare. We provide long-term financing, analysis, and expertise to enable the implementation of preventive and innovative measures, new technology, and more efficient working methods.
Managing SEK 400 million, we invest broadly to promote better services for children and young people, the elderly, and other vulnerable groups. Investors include Danir, the European Investment Fund, state-owned Saminvest, Leksell Social Venture, and Norway’s Ferd.
We believe that the present pace of change is too slow, and through smart financing we aim to help modernise the welfare system. Utfallsfonden was established in 2023 and will operate for ten years, allowing us to take a long-term approach to our investments.
The fund supports entrepreneurs and intrapreneurs (those within organisations looking to develop something new) across the welfare sector. This may involve investing in a newly established company that helps at-risk youth remain at home and receive support, rather than being placed in residential institutions. It could also involve project financing for a municipality in need of resources to transform its elderly care services into a more preventive and outreach-based model. What all our investments have in common is that they are designed to deliver smarter and better welfare services.
At the start of the year, we welcomed the Norwegian investment company Ferd Sosiale Entreprenører as a new investor, while the European Investment Fund increased its commitment. Together, this added SEK 50 million in new capital.
This is the fund’s second year of operations, and we have now invested nearly SEK 100 million of the total SEK 400 million that the fund will manage until 2033. Our new investments in 2025 focus on improving conditions for the elderly, supporting primary school pupils, and helping young people at risk of falling into crime or social exclusion.

