Terje Berg-Utby

Partner

André Berg Edvardsen

Partner / CFO

Andreas Eskeland

Partner

Espen Kjeldsen

Partner

Endre Krogsrud

Investment Manager

Trym Skeie

Partner

Leif Svarstad

Partner

Erik Edvard Tønnesen

Managing Partner

Past deals in Oslo

Ignite

Series A in 2022
Ignite Procurement AS is a Norwegian SaaS company established in 2016 and headquartered in Oslo. The company specializes in developing digital solutions for strategic procurement, particularly through its flagship product, Ignite. This spend management solution enables users to transform transactional data into actionable insights, facilitating informed decision-making and the implementation of effective procurement strategies. Ignite's platform provides clarity in procurement and finance, assisting business leaders in conducting responsible sourcing and supplier assessments. By offering a comprehensive overview of suppliers and spending, Ignite helps organizations reduce risk, save costs, and promote positive change within their businesses and the wider community.

Semine

Series B in 2021
Bilagos AS, founded in 2015 and headquartered in Kristiansand, Norway, specializes in SEMINE, an advanced accounting automation software that leverages artificial intelligence and robotics for the digitalization of accounting processes. The software employs machine learning and deep learning techniques to analyze invoice contents, offering insights and suggestions for accounting entries. With a dedicated research and development center in southern Norway and a sales office in Oslo, the company has expanded its operations to include subsidiaries in Kerala and Bengaluru, India. SEMINE has gained recognition as one of the fastest-growing startups in the Nordic region, securing significant investment and partnerships with major corporations, including Microsoft, Sopria Steria, and KPMG Digital. The platform aims to enhance automation and real-time reporting in accounting, moving away from traditional retrospective methods. As of its commercial launch, the company has successfully onboarded numerous well-known brands, highlighting its potential to revolutionize accounting practices for its clients.

Semine

Series A in 2021
Bilagos AS, founded in 2015 and headquartered in Kristiansand, Norway, specializes in SEMINE, an advanced accounting automation software that leverages artificial intelligence and robotics for the digitalization of accounting processes. The software employs machine learning and deep learning techniques to analyze invoice contents, offering insights and suggestions for accounting entries. With a dedicated research and development center in southern Norway and a sales office in Oslo, the company has expanded its operations to include subsidiaries in Kerala and Bengaluru, India. SEMINE has gained recognition as one of the fastest-growing startups in the Nordic region, securing significant investment and partnerships with major corporations, including Microsoft, Sopria Steria, and KPMG Digital. The platform aims to enhance automation and real-time reporting in accounting, moving away from traditional retrospective methods. As of its commercial launch, the company has successfully onboarded numerous well-known brands, highlighting its potential to revolutionize accounting practices for its clients.

VesselMan

Venture Round in 2019
VesselMan AS, founded in 2015 and located in Oslo, Norway, specializes in cloud-based software solutions tailored for the maritime industry. The company offers a suite of tools designed to streamline complex maintenance projects, including dry-docking, ship repairs, and refits. Its software includes a management and collaboration platform, lean management solutions, and an asset management and benchmarking system. VesselMan's dry-docking software facilitates the digitization of technical shipping projects, while its asset management platform features a comprehensive database of major components, enhancing asset tracking and collaboration. The company positions itself as a leader in providing efficient and standardized management systems for planned maintenance projects, catering to the needs of intelligent maritime assets.

VIBBIO

Venture Round in 2019
VIBBIO AS is a Norwegian company that offers a software-as-a-service (SaaS) platform designed for video creation, primarily aimed at marketing and communication teams. Founded in 2016 and based in Jar, Norway, VIBBIO enables users to produce high-quality videos that align with their branding and publishing goals without requiring advanced video production skills. The platform streamlines the video creation process, significantly reducing both costs and time while maintaining brand consistency across various channels. VIBBIO provides tools for packaging text and visuals into engaging videos, along with a 2TB media library for organizing assets. The service includes a volume-booster feature for efficiently creating multiple video versions and a built-in marketplace for additional services like filming, translation, and stock materials. VIBBIO seeks to make smart video production more accessible and automated, catering to a range of applications including marketing, internal communication, and recruitment.

Decisions

Seed Round in 2018
Decisions is a company that provides a meeting management platform designed to enhance the effectiveness of organizational meetings. By leveraging Microsoft Teams and the Office 365 suite, Decisions enables users to create and collaborate on meeting agendas, ensuring that important action items are not overlooked. The platform features a dashboard that offers a real-time overview of action items and decisions across various management teams, facilitating better organization and execution. It allows users to access meeting agendas and related documents from any device, promoting increased engagement and productivity during meetings. Through its innovative approach, Decisions aims to drive digital transformation in meeting management for organizations worldwide.