Jakob Ulvsson came from a noble family background in Uplandia and studied at the universities in Rostock (where he became a baccalaureus in 1458/1459) and Paris (magister 1460).
He spent the years 1465–1470 in Rome and was meanwhile appointed Canon of Uppsala in 1465 and Archdeacon of Växjö in 1468. Despite King Karl Knutsson wanting to make one of his own relatives Archbishop of Uppsala, Jakob Ulvsson was appointed achbishop by the pope in 1469 and ordained in Rome in 1470, after which he returned to Uppsala.
In the conflicts between the Danish king Christian I of Denmark and the Swedish regent Sten Sture, Jakob took a mediating position, trying as far as possible to avoid open warfare, especially in Uplandia. After Sten Sture's victory in the Battle at Brunkeberg in 1471, the situation stabilized and Jakob participated in the work of the privy council. He is usually regarded is the main initiator of the university in Uppsala, which was founded after having received papal approval in the form of a bull of Sixtus IV dated February 27, 1477. Jakob Ulvsson was also appointed first chancellor of the university.
His good relations with Sten Sture later deteriorated with the regent's generally worsened relations to the rest of the council, and the archbishop spent a large part of the time in his fortress Stäket. In 1497, he and the rest of the council accepted king Hans as king of Sweden.
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