Promentum Equity Partners

Promentum Equity Partners is a venture capital firm based in Copenhagen, Denmark, that focuses on growth-stage investments in technology companies, particularly within the telecom, internet, media, and entertainment sectors. The firm is dedicated to supporting ambitious entrepreneurs who possess a strong value proposition and significant market potential. Promentum Equity Partners aims to foster the development of outstanding technology businesses by backing innovative software startups that can make a lasting impact through their ideas and solutions.

Jeppe Blirup

Fund Manager

Mads Spile Christensen

Senior Associate

Janos Flösser

Senior Partner

Irfan Goandal

Senior Partner

Amer Ramzan

Managing Partner

11 past transactions

Motosumo

Series A in 2021
Motosumo is a company that offers a unique solution for stationary bike users by transforming smartphones into sports trackers. Their innovative technology allows users to measure cadence, or pedal revolutions per minute, without the need for separate sensors. By simply attaching a fixture to the handlebars and inserting the phone, users can achieve real-time feedback on their cycling performance. This system supports various training goals, ranging from strength and body toning to cardio workouts, by guiding users to target specific cadence zones. Motosumo's advanced measurement and visualization technologies stem from years of research and development in sports analysis, ensuring a user-friendly experience for both men and women. The company is committed to democratizing access to sophisticated training tools, making it easier for individuals to optimize their workouts.

AskCody

Venture Round in 2019
AskCody ApS develops software as a service (SaaS) based meeting management and workspace utilization software solution. The company develops data-driven cloud platform that allows meeting scheduling, streamlines conference rooms and resource booking, visitor management, takes care of daily questions at the front desk, and lets wayfinding. It lets people search for and book rooms based on availability, the number of people, purpose of the meeting, and in-room equipment. The software provides meeting management solutions that integrated with user’s calendar and email platform. It also provides visitor management solution by automatically sending email and message notifications to the host upon visitor check in and prints name tags and Wi-Fi access. Additionally, the application also helps in indoor wayfinding by connecting people with places and events across all screens. The company through its software gives an insight and analysis on the workspace performance and daily reports on key metrics, such as meetings, attendees, and occupancy. AskCody ApS was incorporated in 2011 and is based in Aalborg, Denmark.

FarmBackup

Seed Round in 2018
FarmBackup is the worlds first online marketplace for on-demand farming. Launched in Denmark October 2015 - see farmbackup.dk Launched in the UK July 2017 - see farmbackup.co.uk Launched in New Zealand May 2018 - see farmbackup.co.nz In May 2019 we launched a task management solution on top of our marketplace. This solution is called FarmBackup Task, and it is tailored to suit the need of both farmers and agricultural contractors - see farmbackup.com

Movi

Venture Round in 2018
Movi is an information technology company that specializes in the fields of artificial intelligence and product services. The company focuses on the content distribution of high definition video is now a commodity. Anyone can these days get access to the services needed to build a Netflix grade video service through Akamai Media Services. Movi was founded in 2014 and headquartered in Oslo, Norway.

SalamPlanet

Venture Round in 2018
SalamPlanet ApS develop software for Muslims to inspire and get inspired. It provides access to products and services that suit preferences with regard to Muslim requirements and traditions; and enables to share experiences and chat with friends. The company was founded in 2014 and is headquartered in Holte, Denmark.

Motosumo

Venture Round in 2018
Motosumo is a company that offers a unique solution for stationary bike users by transforming smartphones into sports trackers. Their innovative technology allows users to measure cadence, or pedal revolutions per minute, without the need for separate sensors. By simply attaching a fixture to the handlebars and inserting the phone, users can achieve real-time feedback on their cycling performance. This system supports various training goals, ranging from strength and body toning to cardio workouts, by guiding users to target specific cadence zones. Motosumo's advanced measurement and visualization technologies stem from years of research and development in sports analysis, ensuring a user-friendly experience for both men and women. The company is committed to democratizing access to sophisticated training tools, making it easier for individuals to optimize their workouts.

Plytix

Seed Round in 2017
Plytix.com ApS is a Copenhagen-based company that provides a cloud-based Product Information Management (PIM) platform designed for small to medium-sized businesses. Founded in 2014, Plytix enables brands to efficiently collect, manage, and enrich their product information in a single location. The platform facilitates the creation of customizable product e-catalogs and PDFs, while also allowing users to synchronize their product data across various sales channels, comparison shopping engines, and eCommerce platforms. Plytix aims to support businesses in overcoming challenges related to product content management, product expansion, customization, and localization. By centralizing and optimizing product data, Plytix helps brands and retailers enhance their customer experience and drive online growth.

Actimo

Series A in 2017
Actimo ApS is a Copenhagen-based company that specializes in developing a mobile communication platform designed to enhance dialogue between businesses and their employees or customers. Founded in 2010, the platform provides solutions for messaging, mobile training, and internal communications, allowing managers to optimize customer satisfaction and operational efficiency. Actimo's application enables team leaders to connect with their workforce, facilitating the dissemination of important information, tracking performance, and encouraging employee engagement. The company also offers API and automation solutions to streamline processes. Actimo operates as a subsidiary of Kahoot! AS.

AskCody

Seed Round in 2017
AskCody ApS develops software as a service (SaaS) based meeting management and workspace utilization software solution. The company develops data-driven cloud platform that allows meeting scheduling, streamlines conference rooms and resource booking, visitor management, takes care of daily questions at the front desk, and lets wayfinding. It lets people search for and book rooms based on availability, the number of people, purpose of the meeting, and in-room equipment. The software provides meeting management solutions that integrated with user’s calendar and email platform. It also provides visitor management solution by automatically sending email and message notifications to the host upon visitor check in and prints name tags and Wi-Fi access. Additionally, the application also helps in indoor wayfinding by connecting people with places and events across all screens. The company through its software gives an insight and analysis on the workspace performance and daily reports on key metrics, such as meetings, attendees, and occupancy. AskCody ApS was incorporated in 2011 and is based in Aalborg, Denmark.

Grazper

Seed Round in 2016
Grazper Aps, founded in 2013 and based in Copenhagen, Denmark, specializes in developing full-stack AI solutions for embedded systems. The company offers a range of products, including Argus, an online platform designed to simplify access to artificial intelligence, and MiniArgus, a real-time video AI solution. Grazper is recognized for its expertise in deep learning, computer vision, and 3D real-time graphics, and it aims to create truly real-time and embedded 3D analytics AI solutions. The team consists of skilled hardware and software implementation engineers committed to making information understandable and accessible through innovative AI technologies. As of March 2020, Grazper operates as a subsidiary of Yokogawa Electric Corporation.

Napp

Seed Round in 2016
Napp is a Sales Enablement Platform that boosts your productivity and effectiveness in sales and marketing: The platform makes it easy for you to gather all your sales material in one place and segment it to make it accessible to the relevant sales reps. Napp stands out from other providers by enabling your sales reps to look up product, price and stock details on-the-go in their app and place orders directly in the meeting with clients. The result is that you get more relevant client meetings, spend your marketing resources more effectively and reduce the time spent on administrative tasks so your sales reps can spend more time selling.