Verdane

Verdane is a venture capital and private equity firm established in 1985, focused on investing in Northern European companies with significant growth potential. The firm targets sectors such as software, consumer internet, energy technology, and advanced industrials, and can take either minority or majority positions in its investments. Verdane employs an active-ownership model, providing portfolio companies with access to extensive networks, market intelligence, and sector expertise to foster top-line growth. Historically, companies in its portfolio have experienced substantial revenue and EBITDA growth. Verdane also manages diversified funds that emphasize impact investing, particularly in the energy sector, and engages in secondary investments aimed at digitalization. The firm is based in Oslo, Norway, and operates across Denmark, Norway, Finland, and Sweden.

Daniel Ahlstrand

Investment Professional

Erling Amble

Senior Associate

Paula Ruiz Azcue

Associate

Björn Beckman

Investment Professional

Parham Benisi

Investment Professional

Simon Betzler

Senior Associate

Max Carlsén

Investment Professional

Frida Einarson

Partner

Magnus Ekqvist

Investment Manager

Eline Stokstad Fjell

Director

Hampus Frisén

Director

Julia Gerken

Senior Associate

Maroje Guertl

Principal

Arne Handeland

Partner

Christian Jebsen

Partner

Emanuel Johnsson

Partner

Karin Kans

Director

Maximilian Kempken

Director

Joakim Kjemperud

Principal

Henrik Klobut

Director

Emilia Lassas

Senior Associate

Bjarne K. Lie

Managing Partner

Pål Malmros

Partner

Iikka Moilanen

Investment Professional

Staffan Mörndal

Partner

David Nielsen

Senior Associate

Per Nordlander

Partner

Cecilia Nytorp

Investment Professional

Erik Osmundsen

PartnerPartner

Christopher Parmo

Chief Operating Officer

Miikka Patteri

Associate

Johnny Rindahl

Partner

Tomas Rosales

Investment Professional

Johanna Rydén

Senior Associate

Henrik Sagosen Smeby

Associate

Reed Snyder

Director

Göran Strandberg

Partner

Anni Tuulos

Director

Anders Vinther-Antonsen

Senior Associate

Nils Vold

Partner

Hendrik Wildhagen

Director

Maggie Yang

Analyst

151 past transactions

TOPRO

Private Equity Round in 2022
TOPRO Industri is in manufacturing mechanical and electronic components for several of Norway's largest industrial companies.

Qbtech

Private Equity Round in 2022
Developer of attention deficit hyperactivity disorder testing software intended for more patients to gain access to high-quality care. The company provides objective data when diagnosing or treating patients with ADHD, adding depth to the diagnosis and facilitating the evaluation of treatment, helping healthcare professionals, clinics, and patients in their decision-making by providing an objective view of ADHD.

Onomondo

Series A in 2022
Onomondo is a technology company based in Copenhagen, Denmark, that specializes in developing a global cellular network for the telecommunications industry. The company provides solutions that enable operators to merge various mobile networks into a single international home network, facilitating a roaming-free experience for consumers and businesses alike. Onomondo's platform supports mobile virtual network operators by allowing them to offer unified network solutions, reducing costs, and enhancing average revenues. The technology also enables roaming-free services for both mobile end users and machine-to-machine communications, ensuring seamless connectivity as devices switch between local GSM networks. With partnerships across over 700 mobile operators globally, Onomondo aims to simplify and secure the deployment of Internet of Things (IoT) devices worldwide, allowing clients to operate under one network provider without the risk of permanent roaming issues. Originally founded as Hello World Mobile ApS in 2012, the company rebranded to Onomondo in 2014.

Cleanwatts

Series A in 2022
Designed to address the complex multilayered needs of local energy communities, Cleanwatts combines the benefits of real time energy efficiency with the ability to activate a wide range of local assets (any equipment that generates, consumes, or stores energy) to maximize the value of energy produced, consumed, and stored within a community thereby delivering clean energy at well below the price of conventional electricity. Cleanwatts OS is modular by design, highly adaptable to different legal frameworks and the specific needs of typical local participants, including commercial real estate and industrial enterprises, single family homes, apartment blocks, municipal buildings, universities, schools, and hospitals. Critically, the platform also carries a Virtual Power Plant (VPP) user interface specifically designed to aggregate a wide range of energy loads to enable market balancing services in support of local grid operators. In this respect, the Cleanwatts approach to serving energy communities is a game changer, providing a simple and flexible solution with intelligent controls designed to process and optimize all local needs in real time, from behind the meter applications to front of the meter local market requirements.

Scanmarket

Private Equity Round in 2022
Scanmarket A/S is a provider of cloud-based sourcing and procurement solutions, specializing in strategic sourcing software. Founded in 1999 and headquartered in Aarhus, Denmark, the company offers a comprehensive suite of applications, including eSourcing for contract management, eRFx for managing supplier information and quality standards, eAuction for online price negotiations, and eLearning for training purposes. Additionally, Scanmarket provides tools for spend analysis and contract management, along with consulting, supplier sourcing, and helpdesk support services. Its strategic partnerships enhance its offerings, making it a key player in the procurement technology sector.

Instabox

Series C in 2022
Instabox AB, based in Stockholm, Sweden, provides a freight forwarding service specializing in logistics for e-commerce retailers. The company offers an express shipping service that delivers packages to its network of smart delivery lockers across Sweden, Norway, and Denmark. Instabox enables same-day delivery for various online stores, reaching approximately six million customers in Sweden. The service caters to well-known brands, including H&M, Ikea, and Lloyds. Instabox has experienced significant growth, reportedly tripling its business each year over the past few years.

Bower

Series A in 2022
PantaPåsen is exactly as it sounds. A solution for plastic bags. PantaPåsen wants to reduce the number of plastic bags that end up in the garbage and in the environment by giving the bag a value in monetary terms in the form of a pledge/deposit – just like empty bottles and beer cans. This gives the consumer an incentive to recycle plastic bag.

EVA Global

Private Equity Round in 2022
EVA and its Brands operate in Europe where it provides Customer Experience and Infrastructure Management services to Charge Point Operators and Network Owners. Our CX Excellence Centre resolves more than 150,000 cases a year, truly enabling the transition to electric vehicles by building trust and delivering outstanding customer experiences, one driver at a time. EVA is trusted by the most innovative utility and energy companies, both large and small. By integrating with their charging management software, we are able to solve customer cases at the first moment of truth. We offer a robust, proven, modular platform that offers customer support, network operations, payment services, and our most complete solution: charging-as-a-service.

Swappie

Series C in 2022
Swappie.com is a safe and secure online store for refurbished smartphones where you can order affordable smartphones directly from our store, which have been tested and refurbished using the newest technology. Swappie refurbishes iPhones to the highest standards using the latest technology and reduces environmental waste. The company operates its own refurbishment factory in the Nordics and sells directly to consumers via its online store. All devices are fully inspected by Swappie’s professional technicians and every phone sold comes with a 12-month Swappie Warranty™.

StudyTube

Series B in 2022
StudyTube B.V. is a company based in Amsterdam, established in 2009, that operates a social and adaptive learning platform designed to personalize education for individual students. The platform customizes standardized educational content to meet the unique needs of learners, enhancing their study experience. StudyTube provides an intuitive, plug-and-play solution that enables universities, publishers, and training companies to create and deliver adaptive courses from the cloud. One of its notable products is an online Study Coach for law students in the Netherlands, which allows users to practice past exams, receive feedback, and track their progress. The platform identifies areas where students may struggle and generates tailored learning materials, such as video lectures or written explanations, to reinforce understanding. This cycle continues until the student demonstrates sufficient mastery of the subject. With over 10,000 active law students using the platform and partnerships with prominent educational institutions, StudyTube is committed to transforming personalized learning and helping students achieve their academic goals.

Auntie

Funding Round in 2021
Auntie serves companies and public administration customers.Their service packages improve employee satisfaction and business competitiveness. Their goal is balanced, productive and happy people! Call or send a message to let us know more about our prices and contract models.

Centra

Private Equity Round in 2021
Centra is creating the next wave in digital retail with an all-in-one commerce platform for B2B and B2C. Brands across Scandinavia and the world trust Centra to seamlessly connect people to products. We're a medium-sized company with offices in Stockholm, Sweden and in Wroclaw, Poland.

Wunderflats

Series C in 2021
Wunderflats GmbH operates an online platform that facilitates the search and rental of furnished apartments in major German cities, including Berlin, Munich, Hamburg, Frankfurt, Düsseldorf, and Cologne. Founded in 2014 and headquartered in Berlin, the company connects tenants, landlords, and businesses, simplifying the process of finding suitable accommodation. Its platform caters to various needs, offering options for family homes, business apartments, student housing, and more, thereby creating a comprehensive housing ecosystem that enhances the rental experience for all users.

REMEMBER

Venture Round in 2021
REMEMBER is a platform for design articles and gift ideas.

Meister

Venture Round in 2021
MeisterLabs GmbH is a Munich-based company that specializes in developing web-based productivity tools aimed at enhancing collaboration and organization for teams across various industries. Its primary products, MindMeister and MeisterTask, facilitate creative workflows by enabling users to collaboratively engage in brainstorming, problem-solving, and project management. MindMeister serves as an online mind mapping tool that allows simultaneous collaboration on ideas and tasks, while MeisterTask provides a customizable environment for organizing and managing tasks efficiently. Both tools support multi-user access and can be used on various devices, including iPads, iPhones, and Android devices. Additionally, Meister's platform offers features such as offline access, automated workflows, and project documentation, which enhance task management and productivity for users. Founded in 2005, Meister was previously known as Codemart GmbH.

Nordic Vehicle

Acquisition in 2021
Nordic Vehicle is a converter of specialized professional and emergency vehicles. Nordic Vehicle consists of our unique and well-known brands Euro-Lans, Karosseriverken. We adapt, build and furnish vehicles for professional passenger traffic and emergency vehicles. Everything according to our customers' wishes and needs!

MATCHi

Venture Round in 2021
MATCHi provides the best connections between racket sports facilities and players. We let you know where, when and with whom you can play with the tap of a button, while administration is removed from clubs by automating their day-to-day tasks. Accessible, fun and simple – racket sports made easy.

Wistec

Acquisition in 2021
Wistec Training is a specialized house for your staff's development of ICT skills and ways of working. Their 12-member team and partner network ensure high-quality training and consulting services with 20 years of experience. They believe that new know-how must also be transformed into more effective ways of working. They will ensure that the skills gained in the training become a day-to-day operation that fulfills the goals set for ICT investment. Their service combines technology, management, superiors and staffing into a knowledgeable team.

Eduhouse

Acquisition in 2021
Eduhouse is a Finnish educational organization with a huge hunger to grow and develop. Although we operate in the traditional field, we are anything but a traditional educational entity. The cornerstones of our operations are digitalization and competence development. We have been working on competence development since 2002. Our operations changed their heads in 2016 when we moved our operations online and started offering online training instead of traditional training.

Fiksu Ruoka Oy

Funding Round in 2021
Fiksu Ruoka Oy is an online grocery retailer based in Espoo, Finland, founded in 2016. The company specializes in offering a wide range of affordable food and household goods, including shelf-stable items, through its online platform. Fiksu Ruoka aims to reduce food waste by sourcing surplus groceries from various suppliers, including food producers, importers, distributors, and wholesalers, and selling them at discounted prices to consumers and businesses. This approach not only provides an economical option for customers but also promotes environmentally friendly shopping practices. The company's expertise in data and analytics supports its efforts in procurement, pricing, and optimizing digital marketing strategies.

Fiksu Ruoka Oy

Venture Round in 2021
Fiksu Ruoka Oy is an online grocery retailer based in Espoo, Finland, founded in 2016. The company specializes in offering a wide range of affordable food and household goods, including shelf-stable items, through its online platform. Fiksu Ruoka aims to reduce food waste by sourcing surplus groceries from various suppliers, including food producers, importers, distributors, and wholesalers, and selling them at discounted prices to consumers and businesses. This approach not only provides an economical option for customers but also promotes environmentally friendly shopping practices. The company's expertise in data and analytics supports its efforts in procurement, pricing, and optimizing digital marketing strategies.

Brightpearl

Series C in 2020
Brightpearl is a cloud-based retail management system designed specifically for e-commerce, multichannel retail brands, and wholesalers. The platform integrates and automates various post-purchase operations, including order management, inventory control, financials, and customer relationship management. By providing a comprehensive solution that consolidates these functions, Brightpearl enables clients to streamline their sales and supply chain processes across both online and offline channels. Its focus on the retail sector allows for faster deployment compared to generic enterprise resource planning solutions, making it an efficient choice for today's omnichannel brands and retailers.

asgoodasnew

Venture Round in 2020
asgoodasnew electronics GmbH (formerly asgoodas.nu GmbH) is the No. 1 source for refurbished Consumer Electronics in Europe and also runs WIRKAUFENS, the easy, fast, and safe way to turn your used electronic gadgets into cash. The company is active in Germany and Austria (WIRKAUFENS), Spain (LOCOMPRAMOS) and Poland (KUPIMYTO) as a trade-in service and selling their products worldwide B2C and B2B.

inRiver

Venture Round in 2020
inRiver AB develops a product information management (PIM) software solution that facilitates the creation, handling, and distribution of product information for branded manufacturers, industrial manufacturers, and retailers. It serves B2C and B2B multi-channel commerce and marketing professionals in Sweden and internationally. inRiver AB has a strategic partnership with Aprimo LLC. The company was incorporated in 2003 and is headquartered in Malmö, Sweden with regional offices in Chicago, Illinois; Amsterdam, the Netherlands; and Stockholm, Sweden. It also has sales offices in Marlow, United Kingdom; Phoenix, Arizona; Taipei, Taiwan; and Istanbul, Turkey.

Hornetsecurity

Venture Round in 2020
Hornetsecurity is a cloud security company. its services provide safe e-mail communication without investments into hardware or software and free of administration or maintenance efforts for IT managers and users. Their product range includes premium spam and virus protection services, e-mail encryption services, e-mail continuity services and e-mail archiving services. The company offers e-mail archive, web filtering, encrypted online storage solutions, advanced threat protection, and hosted exchange services for from small and medium-sized companies to large corporations.

StudyTube

Venture Round in 2020
StudyTube B.V. is a company based in Amsterdam, established in 2009, that operates a social and adaptive learning platform designed to personalize education for individual students. The platform customizes standardized educational content to meet the unique needs of learners, enhancing their study experience. StudyTube provides an intuitive, plug-and-play solution that enables universities, publishers, and training companies to create and deliver adaptive courses from the cloud. One of its notable products is an online Study Coach for law students in the Netherlands, which allows users to practice past exams, receive feedback, and track their progress. The platform identifies areas where students may struggle and generates tailored learning materials, such as video lectures or written explanations, to reinforce understanding. This cycle continues until the student demonstrates sufficient mastery of the subject. With over 10,000 active law students using the platform and partnerships with prominent educational institutions, StudyTube is committed to transforming personalized learning and helping students achieve their academic goals.

Bower

Seed Round in 2020
PantaPåsen is exactly as it sounds. A solution for plastic bags. PantaPåsen wants to reduce the number of plastic bags that end up in the garbage and in the environment by giving the bag a value in monetary terms in the form of a pledge/deposit – just like empty bottles and beer cans. This gives the consumer an incentive to recycle plastic bag.

Evondos

Venture Round in 2020
Evondos Oy is a Finnish company that develops and manufactures an automatic medicine dispensing service designed for individuals with chronic conditions, dementia, or the elderly receiving home care. Founded in 2008 and based in Salo, the service combines a medicine dispensing robot with a Telecare System, allowing for automated dose dispensing provided by pharmacies. This technology guides clients in taking their medications at the appropriate times, significantly enhancing their wellbeing and independence. Additionally, Evondos's solution improves communication between clients and caregivers, facilitating a reform in home care practices while allowing caregivers to dedicate more time to direct interactions with clients.

Confirmit

Acquisition in 2020
Confirmit provides software that enables organizations to conduct Customer Feedback, Employee Feedback, and Market Research programs. Our customers are primarily Global 5000 companies and Market Research agencies worldwide, who rely on our wide range of products for feedback/data collection, panel management, data processing, analysis, and reporting. We pride ourselves on providing innovative, superior technological solutions that are scalable, secure, and flexible to support our clients’ constantly evolving needs. We are committed to understanding and meeting the needs of our international customer base, and developing strategic relationships that support this. Confirmit was established in 1996, and rapidly became the leading provider of Software-as-a-Service feedback and research solutions. Confirmit now employs over 200 people and has offices in Oslo, Norway (headquarters); Guildford and London in the UK; New York and San Francisco in the US; and Moscow and Yaroslavl in Russia. Confirmit’s software is also distributed through partner resellers in Barcelona, Kuwait City, Madrid, Milan, Santiago, Sydney, and Tokyo.

MatHem

Venture Round in 2020
MatHem i Sverige AB offers online retail of food and household products. It provides organic goods; grocery; prescription; health, party and feast, business and association, health, recipes from food bags, collaborations, weekday and weekend inspired food; wine; dairy products; bakery; meat and chark; drinks; pantry; fish; finished food and snacks; glass candy and snacks; baby food and accessories; pharmacy, hygiene and health; spices and flavorers; animal food and accessories; and kiosk and newspapers. The company is based in Stockholm, Sweden.

Danelec Marine

Acquisition in 2020
Danelec Marine designs, develops, and manufactures maritime products which are solid, safe, and simple. Its mission is to provide the most efficient product and service solutions to shipowners, resulting in lowest cost of ownership and highest customer satisfaction in the maritime industry. Its products are based on an application-specific design to ensure extremely high reliability. The quality of its products has been proven by more than 6,000 installations worldwide. In addition, Danelec provides a service guarantee of 10 years after a product's "end of life", assuring its customers that Danelec equipment is serviceable during its entire lifetime.

Porterbuddy

Corporate Round in 2019
They are the gang that delivers to your door the same day you order in the online store.Porterbuddy'​ is a logistics platform that provides efficient and customer-centric, last-mile delivery of products.

Smava

Series E in 2019
Smava GmbH operates an online loan comparison portal based in Berlin, Germany, founded in 2005. The platform connects private borrowers with a diverse range of banks and private investors, offering personal loans, car loans, debt restructuring options, and credit cards. Smava facilitates a tailored loan experience, enabling customers to secure loans quickly with varying amounts and interest rates. The company has seen significant growth, with the volume of loans brokered increasing from approximately EUR 2 billion in 2018 to around EUR 2.7 billion in 2019, and further rising by 45% in the first quarter of 2020 compared to the same period the previous year. To date, Smava has brokered over 8 billion euros in loans, establishing itself as a prominent player in the German credit market.

momox

Acquisition in 2019
momox GmbH, founded in 2004 and headquartered in Berlin, Germany, operates an online platform for buying and selling second-hand items, including books, films, CDs, DVDs, Blu-rays, vinyl records, games, software, and clothing. The company serves customers in Germany, Austria, France, and the United Kingdom by providing a straightforward sales process. Sellers can enter the barcode of their used items on the website to receive an immediate purchase offer. Once they accept the offer, they can send their items to momox without incurring delivery charges. Payments are made to sellers after the items are received and processed. With additional locations in Leipzig, Neuenhagen, and Stettin, momox facilitates a sustainable marketplace for individuals looking to trade in their used goods.

HappyOrNot

Series B in 2019
HappyOrNot Ltd. is a Finnish company founded in 2009 that specializes in customer and employee satisfaction analytics through its innovative feedback solutions. The company is known for its 'Smiley' feedback system, which includes devices such as the Smiley Terminal, Smiley Touch, Web Smileys, and Smiley Wall. These tools are designed to capture customer satisfaction data across various sectors, including retail, transportation, services, and healthcare. With over 25,000 Smiley Terminals installed globally, HappyOrNot serves more than 4,000 clients across 117 countries, providing actionable insights that enable organizations to enhance their services based on direct customer and employee feedback. The company, headquartered in Tampere, Finland, has amassed nearly a billion responses, allowing clients to measure and improve their service quality effectively.

Pet Media Group

Series A in 2019
Pet Media Group (PMG) specializes in developing and managing prominent pet and equestrian marketplaces across Europe, with operations based in Stockholm and the United Kingdom. Established in January 2018 by Axel Lagercrantz and Eyass Shakrah, PMG aims to enhance trust, safety, and convenience in the buying and selling of pets through innovative technology and services. The company collaborates with and acquires leading pet marketplaces throughout Europe, focusing on delivering valuable information about pet-related goods and services. PMG's platforms attract over 10 million visitors each month, connecting current and prospective pet owners with resources to find their ideal pets. Backed by notable growth capital funds and business angels, PMG continues to expand its influence in the pet marketplace sector.

Babyshop

Venture Round in 2019
Babyshop was founded in 2006 with vision of building the best online store in the northern parts of Europe for children clothing. Babyshop want to inspire by offer an exclusive shopping experience and excellent customer service with the best mixture of high-quality brands. Here you'll find baby and children's clothes, shoes, toys, strollers, car seats, maternity clothes, accessories and more for children 0-10 years.

Farmasiet

Private Equity Round in 2019
Farmasiet is Norway's largest online pharmacy delivering to the entire country. We also have a physical pharmacy in Sandefjord.

Bildeler

Private Equity Round in 2019
Bildeler.no operates an online retailer of auto parts. The company’s store, sales and procurement are located at Lierskogen, between Drammen and Oslo. After the transaction, Verdane and Canica will together own 90 percent of Bildeler.no

SixBondStreet AS

Private Equity Round in 2019
Sixbondstreet is an online retailer of exclusive furniture and decorative items.sixbondstreet with international impulses and a desire to deliver the little extra in furniture and interior design.

Blush

Private Equity Round in 2019
Blush is an online retailer based in Vaxjo, Sweden, specializing in beauty and wellness products. The company offers a wide range of items, including makeup, skin creams, hair care products, perfumes, and accessories such as sunglasses and watches. Blush features both established brands and exciting newcomers, catering to customers seeking quality at affordable prices. As a prominent player in Norway's beauty and wellness market, Blush aims to provide a convenient shopping experience for those looking to pamper themselves and enhance their personal care routines.

Conexus

Acquisition in 2019
Conexus is a research leader in learning analytics and tools for professional learning in the educational sector.

Scanmarket

Seed Round in 2019
Scanmarket A/S is a provider of cloud-based sourcing and procurement solutions, specializing in strategic sourcing software. Founded in 1999 and headquartered in Aarhus, Denmark, the company offers a comprehensive suite of applications, including eSourcing for contract management, eRFx for managing supplier information and quality standards, eAuction for online price negotiations, and eLearning for training purposes. Additionally, Scanmarket provides tools for spend analysis and contract management, along with consulting, supplier sourcing, and helpdesk support services. Its strategic partnerships enhance its offerings, making it a key player in the procurement technology sector.

Webcruiter

Venture Round in 2018
Webcruiter is run by a staff of 35 enthusiastic and dedicated employees, who provide service and build recruitment solutions for 1,400 clients. Webcruiter is used by all kinds of companies, from large international enterprises to small local firms – in both the public and private sectors. The smallest organisation has three employees, while the largest has a workforce numbering over 70,000.

Consector

Venture Round in 2018
Consector is a loan broker that offers personal counseling for individuals. Consector helps to competition the individuals' mortgages, personal loans and credit cards with the goal of improving and lowering their interest expenses.

Inovia AB

Venture Round in 2018
Inovia AB, founded in 2012 and based in Kista, Sweden, specializes in artificial intelligence and big data solutions, positioning itself as a leading provider in the Nordics. The company offers a range of AI products that include tools for image analysis, image-to-text conversion, cognitive search, AI query assistance, and GDPR-compliant automatic data labeling. Additionally, Inovia provides an intelligent hub designed to connect various sensors and image recognition cameras. Through its innovative solutions, Inovia aims to unlock the full potential of its customers' data, earning recognition as one of the top AI service providers in Europe.

momox

Venture Round in 2018
momox GmbH, founded in 2004 and headquartered in Berlin, Germany, operates an online platform for buying and selling second-hand items, including books, films, CDs, DVDs, Blu-rays, vinyl records, games, software, and clothing. The company serves customers in Germany, Austria, France, and the United Kingdom by providing a straightforward sales process. Sellers can enter the barcode of their used items on the website to receive an immediate purchase offer. Once they accept the offer, they can send their items to momox without incurring delivery charges. Payments are made to sellers after the items are received and processed. With additional locations in Leipzig, Neuenhagen, and Stettin, momox facilitates a sustainable marketplace for individuals looking to trade in their used goods.

Penetrace

Acquisition in 2018
Penetrace AS provides a marketing intelligence tool that enables marketers to monitor, benchmark, and simulate campaign performance in Norway and internationally. Its solutions also include Penetrace Campaign Monitor, which gathers relevant information to evaluate campaign activities; and Penelytics, a tool to evaluate the long-term effectiveness of marketing investments by organizing the data into a dashboard. The company was founded in 2006 and is based in Oslo, Norway.

Zisson

Acquisition in 2018
Zisson AS, founded in 2006 and based in Oslo, Norway, specializes in developing cloud-based switchboard solutions and communication center software. The company focuses on providing innovative tools that enhance communication and operational efficiency for businesses. Through its cloud technology, Zisson aims to streamline communication processes, making it easier for organizations to manage their customer interactions and improve overall service delivery.

Hem

Venture Round in 2018
Hem Design Inc. specializes in the design, manufacture, and sale of home furniture, lighting products, rugs, and accessories. The company's product range includes various types of seating, tables, storage solutions, and customizable furniture, along with a selection of rugs and home décor items such as cushions and organizational products. Founded in 2014, Hem operates from its headquarters in Berlin, Germany, with additional offices in several international locations, including Stockholm and New York. The company sells its products through its retail stores in Germany and online, reaching customers across multiple countries including the Netherlands, the United Kingdom, and Australia. In addition to retail, Hem provides interior design solutions for businesses and offices, enhancing its role as a comprehensive furniture and design provider.

Freespee

Private Equity Round in 2018
Freespee AB is a technology company specializing in call monetization solutions for the performance advertising sector, primarily operating in Europe and North America. Founded in 2008 and headquartered in Uppsala, Sweden, with additional offices in Helsinki, Copenhagen, and Berlin, Freespee provides various products aimed at enhancing communication and marketing efforts. Its offerings include Freespee Performance, which allows publishers and advertising networks to monetize phone calls generated from their media properties, and Freespee Analytics, a comprehensive tool for tracking leads and analyzing call data. Additionally, the Freespee Mobile Tracking SDK assists app developers in understanding consumer engagement through phone calls. By integrating multiple data sources, Freespee aims to facilitate personalized interactions between brands and their customers, thereby improving the overall consumer experience.

navabi

Series E in 2018
navabi is a leading destination for premium plus-size fashion in Europe, aiming to become a global leader in this niche market. The company offers a vast selection of brands tailored specifically for plus-sized women and has developed its own in-house labels. Through its website, navabi.co.uk, customers gain access to the latest trends from cutting-edge European plus-size designers, complemented by worldwide express delivery. The platform features weekly fashion editorials, regularly updated product listings, and unique video presentations that provide style recommendations for each collection, enhancing the shopping experience for style-savvy plus-sized consumers.

Basware - Financial Performance Services and Banking Businesses

Acquisition in 2018
Basware - Financial Performance Services and Banking Businesses provides the banking, financial consolidation and reporting reporting solutions in response to customer needs in Finland and in new markets.

Safira.se

Venture Round in 2017
Safira.se is a online jewelry store.

Nordic Finance

Acquisition in 2017
Nordic Finance is the fastest growing financial companies.

inRiver

Venture Round in 2017
inRiver AB develops a product information management (PIM) software solution that facilitates the creation, handling, and distribution of product information for branded manufacturers, industrial manufacturers, and retailers. It serves B2C and B2B multi-channel commerce and marketing professionals in Sweden and internationally. inRiver AB has a strategic partnership with Aprimo LLC. The company was incorporated in 2003 and is headquartered in Malmö, Sweden with regional offices in Chicago, Illinois; Amsterdam, the Netherlands; and Stockholm, Sweden. It also has sales offices in Marlow, United Kingdom; Phoenix, Arizona; Taipei, Taiwan; and Istanbul, Turkey.

Babyshop

Venture Round in 2017
Babyshop was founded in 2006 with vision of building the best online store in the northern parts of Europe for children clothing. Babyshop want to inspire by offer an exclusive shopping experience and excellent customer service with the best mixture of high-quality brands. Here you'll find baby and children's clothes, shoes, toys, strollers, car seats, maternity clothes, accessories and more for children 0-10 years.

Mustad

Venture Round in 2017
Mustad is a best- selling hook-brand on the planet and has a presence in more than 160 countries. Mustad products cover any discipline of sport and commercial fishing, industrial as well as traditional fishing.

Dapresy

Venture Round in 2017
Dapresy offers its users with market intelligence and insight software. It allows its users create and deploy visually compelling KPI dashboards for visual business intelligence, marketing research, and customer experience management. The company’s software visualizes and distributes data into existing company processes; enables clients to deploy KPI-driven marketing dashboards; and communicates complex data from markets, users, and customers. Dapresy is a Sweden-based company that was founded in 1999 by Tobi Andersson.

Propellerhead

Venture Round in 2017
At Reason Studios we’re turning the world’s music dreamers into music makers, and inspiring them to keep dreaming. As developers of the Reason platform of instruments, plugins, music production software and mobile app, we’ve inspired millions of users all over the world to create. Whether you’re making your first beat, producing the next hit song, crafting your own sound, playing around with an idea, or just figuring stuff out—we’ll empower you to do it.

Allihoopa

Venture Round in 2017
Millions and millions of us are making music everyday, round the clock, all over this planet. Just for the love of it. They have to. It is just in us. Something unique for each of us compels us, something beyond any commercial drive, tool or technology—that pure joy of making, creating, working together. Allihoopa brings all of us, everyone, together for a free and open exchange of music pieces, ideas and people, all united in “doing music” just for the sake of it.

Boostcom

Venture Round in 2017
Boostcom AS is a prominent proptech company specializing in software solutions for the shopping center industry. Founded in 2000 and headquartered in Oslo, Norway, the company serves over 100 shopping centers worldwide through its innovative platform, The Mall Performance Cloud. This platform integrates various digital touchpoints within shopping malls, offering services such as data management, audience management, marketing automation, advanced analytics, and mobile applications. Boostcom's technology assists shopping centers in enhancing customer engagement and increasing sales, particularly through loyalty schemes and integrated advertising solutions. With offices across Europe, the USA, Dubai, and Hong Kong, Boostcom is backed by venture and private equity funds, allowing for continuous expansion and product development. The company is committed to delivering measurable results to its clients, ensuring that its solutions align with their goals of improving sales and customer experiences.

Lingit

Venture Round in 2017
Lingit develops multilingual literacy support software specifically designed to assist individuals with dyslexia. The company's software enhances reading and writing capabilities by providing tools that aid in spelling, vocabulary, and text processing on computers and tablets. By focusing on the unique challenges faced by those with dyslexia, Lingit enables users to minimize reading and writing errors, thereby improving their overall literacy skills.

Industrial Internet Of X Ab

Venture Round in 2017
Industrial Internet Of X AB (IIOX0 offers a secure Internet of Things platform for enterprise applications, primarily in industry and energy. The cloud-based platform collects, harmonizes, aggregates and distributes machine data in real time and transforms it into useful information and knowledge. Adding IIOX to your existing OT (operational technology) and IT environments enables new digital capabilities. These, in turn, improve the efficiency of your existing business and facilitate new business models and service innovation.

MatHem

Venture Round in 2017
MatHem i Sverige AB offers online retail of food and household products. It provides organic goods; grocery; prescription; health, party and feast, business and association, health, recipes from food bags, collaborations, weekday and weekend inspired food; wine; dairy products; bakery; meat and chark; drinks; pantry; fish; finished food and snacks; glass candy and snacks; baby food and accessories; pharmacy, hygiene and health; spices and flavorers; animal food and accessories; and kiosk and newspapers. The company is based in Stockholm, Sweden.

Cool Company

Venture Round in 2017
Cool Company Scandinavia AB is a self-employment business that simplifies and streamlines the administration of consultants and freelancers to bill without private companies. For clients Cool Company offers the possibility to hire expertise that you have chosen yourself, without hiring. Cool Company takes full responsibility. The company was founded in 2009.

Desenio

Venture Round in 2017
At Desenio, they are passionate about interior design and design! their business idea is simple - trendy and stylish wall art should be for everyone. Since its inception in 2010, they have grown steadily and today their online stores are available in more than 30 countries and they are constantly opening up new markets. At Desenio, you will find a wide range of posters and suspension accessories in the form of frames, picture lists, clips and poster hanger - often inspired by the Scandinavian style. They continuously expand their range to meet the latest trends in interior design and design. With us, you will find something for all rooms and styles. They print thier posters on uncoated, high-quality matte paper. All major posters (not size 13x18 and 21x30) are delivered rolled in a carton tube to avoid damage during shipping.

Novelda

Funding Round in 2016
Novelda AS is a semiconductor company based in Kviteseid, Norway, that specializes in ultra wideband (UWB) technology. Established in 2004, the company develops components and application-specific integrated circuits for high-resolution impulse radar and short-range communications. Novelda's product offerings include the Novelda R1, a hand-held UWB radar evaluation system that analyzes reflections from electromagnetic pulses to provide three-dimensional information about surrounding objects, including their distance and velocity. Additionally, the company provides CMOS impulse radar transceiver development kits and antennas, catering to various applications such as low-power wireless communication, radio frequency identification, and radar systems. Novelda's technology is particularly noted for its use in medical and industrial high-precision sensors, as well as wireless healthcare applications, and is recognized for its effectiveness in Human Presence Detection, enhancing user experience and security in consumer electronics while promoting energy efficiency in building automation.

Vaadin

Venture Round in 2016
Vaadin provides an components and tools for developing creating business oriented single page web applications with that run on any mobile device or desktop browser. Vaadin Framework allows building compelling HTML5 based user interfaces with established Java platform and tooling. It reduces complexity by removing need to program the web and the communication layers. Vaadin Elements build on top of Google Polymer, providing web components for front-end developers. Company supports the open source core products with commercial add-on components, tools, support and services. With over 150,000 developers, Vaadin Framework is one of the most popular web frameworks for building business applications on Java platform. It is used by some of the largest enterprises and public organizations around the world.

Smava

Series C in 2016
Smava GmbH operates an online loan comparison portal based in Berlin, Germany, founded in 2005. The platform connects private borrowers with a diverse range of banks and private investors, offering personal loans, car loans, debt restructuring options, and credit cards. Smava facilitates a tailored loan experience, enabling customers to secure loans quickly with varying amounts and interest rates. The company has seen significant growth, with the volume of loans brokered increasing from approximately EUR 2 billion in 2018 to around EUR 2.7 billion in 2019, and further rising by 45% in the first quarter of 2020 compared to the same period the previous year. To date, Smava has brokered over 8 billion euros in loans, establishing itself as a prominent player in the German credit market.

Searchmetrics

Venture Round in 2016
Enterprise SEO and content marketing platform that provides competitive insight and market analysis

Hornetsecurity

Venture Round in 2016
Hornetsecurity is a cloud security company. its services provide safe e-mail communication without investments into hardware or software and free of administration or maintenance efforts for IT managers and users. Their product range includes premium spam and virus protection services, e-mail encryption services, e-mail continuity services and e-mail archiving services. The company offers e-mail archive, web filtering, encrypted online storage solutions, advanced threat protection, and hosted exchange services for from small and medium-sized companies to large corporations.

Funera

Venture Round in 2016
Funera enables funeral planning via Internet and telephone.

JSB Group

Acquisition in 2016
JSB Group A/S deliver customised, efficient, and affordable core kits to the global wind power industry.

PolyTech

Venture Round in 2016
PolyTech specializes in Lightning Protection Systems (LPS) and Leading Edge Protection, focusing on understanding and meeting customer objectives. The company emphasizes forming partnerships with clients to ensure successful outcomes by leveraging their technical expertise and industry knowledge. With a commitment to engineering excellence, PolyTech manages the entire value chain from design and evaluation to prototyping, production, and ongoing improvement of their solutions. This comprehensive approach allows them to serve clients globally and effectively address their specific needs across various sectors. Through their dedication to client success, PolyTech has established itself as a reliable partner in the field of protection systems.

Jupiter Group

Venture Round in 2016
Jupiter Group’s strategy is to grow by supplying the wind turbine industry with innovative and complementary composite solutions by establishing production facilities meeting customers requirements. They are raising performance through partnerships and by focusing on minimizing total cost enabling us to provide their customers with flexible supply chains and optimum logistical solutions.

JSB Plast

Venture Round in 2016
JSB Group A/S manufactures and supplies wind turbine kits. The company offers foam or balsa kits and core material kits for uses in the structural enhancements of rotor blades and nacelles for wind turbines. It serves customers in Europe, Australia, and Asia. The company was founded in 1988 and is based in Ringkøbing, Denmark. It has operations in China and the United States. As of October 15, 2018, JSB Group A/S operates as a subsidiary of Gurit Holding AG.

Storm Commerce

Venture Round in 2016
Storm Commerce is a Swedish cloud-based e-commerce platform for scalable digital commerce, which helps B2B and B2C companies ensure future digital business and growth. Our experience and specialist expertise in e-commerce attracts companies that experience strong sales growth online and want to be at the forefront of their industry.

Jupiter Bach

Acquisition in 2016
Jupiter Bach is the supplier of nacelle and spinner covers to wind turbine manufacturers.

Linjebesiktning AB

Acquisition in 2016
Linjebesiktning AB provides inspection and quality control of electricity and telecommunication networks in Sweden.

Estate.se

Venture Round in 2016
Estate is a group that provides services to office tenants, property owners, and shopping centers. Through the high quality of delivery, good order and personal relationship, we build customer trust. Estate is a large enough group to have resources to deliver to all types of customers, but small enough to be customer-friendly and flexible. Estate is a stable company with more than 250 employees and has a turnover of approximately SEK 200 million. Operations are conducted in four areas: Facility Management, Local Care, Parking, and Security. Thanks to the fact that Estate has its own monitoring, care, and parking activities, we have extraordinary skills in these areas, both in integrated FM deliveries and in separate single deliveries. Estate has a strong focus on quality, environment and work environment. Since 2009, the business has been ISO certified in all of these areas. Estate's business idea is to sell and deliver property-related services, in addition to technical management (soft FM services) to private companies in real estate, offices, and shopping centers. Customers receive multiple or all soft FM services from Estate instead of single services from multiple vendors, saving time (relieve) and money (average 20 percent). Savings arise partly because Estate has large purchasing volumes, but also through synergies between different services or customers. Estate also has a good knowledge of the services the customer buys and can, therefore, drive these more efficiently than the customer himself can do. Dagens Industri appointed 2013 Estate to a gas company. The criteria for becoming a gas company are to have sales exceeding 10 MSEK, at least ten employees, at least doubled their turnover (comparing the first and last fiscal year), increasing their turnover each year over the past three years, have a combined operating profit for the four fiscal years that are positive, essentially grown organically.

Uppländska Berg

Acquisition in 2016
Uppland Mountain and subsidiary Blasting Technology has 35 years of experience and tradition within the qualifying rock work. Their offices are in Norrtälje and Söderhamn but they do work all over Sweden. They operate under the name Uppland Mountain and together they are one of the largest and most complete in the industry. It gives you peace of mind from the ground up.

Trivec

Acquisition in 2016
Founded in 1998, Trivec is a national Swedish company that supplies hotels and restaurants with the latest, cutting-edge technology.They provide personalized soft-and hardware solutions tailored to their clients demands on a need-to-need basis. As the market-leading firm in Scandinavia, the company has increased its revenue annually, and has a yearly profit of € 8,5 million. Thus, Trivec with their 26 motivated employees has expanded their outreach and is now operating in Sweden, Norway, Denmark, Spain and Hong Kong. With more than 1500 references in the Scandinavian market Trivec has put its mark on the hospitality and leisure market and are ready to continue the trend of the past years.

Estate.se

Acquisition in 2016
Estate is a group that provides services to office tenants, property owners, and shopping centers. Through the high quality of delivery, good order and personal relationship, we build customer trust. Estate is a large enough group to have resources to deliver to all types of customers, but small enough to be customer-friendly and flexible. Estate is a stable company with more than 250 employees and has a turnover of approximately SEK 200 million. Operations are conducted in four areas: Facility Management, Local Care, Parking, and Security. Thanks to the fact that Estate has its own monitoring, care, and parking activities, we have extraordinary skills in these areas, both in integrated FM deliveries and in separate single deliveries. Estate has a strong focus on quality, environment and work environment. Since 2009, the business has been ISO certified in all of these areas. Estate's business idea is to sell and deliver property-related services, in addition to technical management (soft FM services) to private companies in real estate, offices, and shopping centers. Customers receive multiple or all soft FM services from Estate instead of single services from multiple vendors, saving time (relieve) and money (average 20 percent). Savings arise partly because Estate has large purchasing volumes, but also through synergies between different services or customers. Estate also has a good knowledge of the services the customer buys and can, therefore, drive these more efficiently than the customer himself can do. Dagens Industri appointed 2013 Estate to a gas company. The criteria for becoming a gas company are to have sales exceeding 10 MSEK, at least ten employees, at least doubled their turnover (comparing the first and last fiscal year), increasing their turnover each year over the past three years, have a combined operating profit for the four fiscal years that are positive, essentially grown organically.

Babyshop

Venture Round in 2016
Babyshop was founded in 2006 with vision of building the best online store in the northern parts of Europe for children clothing. Babyshop want to inspire by offer an exclusive shopping experience and excellent customer service with the best mixture of high-quality brands. Here you'll find baby and children's clothes, shoes, toys, strollers, car seats, maternity clothes, accessories and more for children 0-10 years.

Smart Senior

Venture Round in 2016
Smart Senior AB, located in Stockholm, Sweden, is a media and marketing channel focused on engaging the 55-plus demographic. The company specializes in creating marketing strategies that drive purchasing decisions among older consumers. By tailoring its content and campaigns to the interests and needs of this age group, Smart Senior aims to effectively connect brands with a growing market segment that is often overlooked in traditional advertising. Through its dedicated approach, the company seeks to enhance the marketing landscape for businesses targeting seniors.

Allinc AB

Venture Round in 2016
GoAllinc is an online tour operator that produce and sell exclusively all inclusive travel packages. The team behind the company has unique experience selling online travel since the mid 90’s. It is a niched travel product that helps customers get the most out of their holiday. Travellers range from new families to seasoned globetrotters seeking the expertise from our team of all-inclusive travel lovers. The product with all inclusive travel packages have existed for decades. There are other online players out there offering a product closely related to Allinc’s packages. Therefore it comes down to the staff, product and processes if GoAlinc shall repeat the success story from earlier travel ventures. Everyone involved at Allinc has succeeded before in the exact same type of extremely competitive environment, in the same industry.

Funera

Venture Round in 2016
Funera enables funeral planning via Internet and telephone.

Stor & Liten

Venture Round in 2016
Stor&Liten AB operates an online toy store for kids. The company was formerly known as Kidsplay AB. Stor&Liten AB was founded in 1968 and is based in Stockholm, Sweden.

Consector

Venture Round in 2016
Consector is a loan broker that offers personal counseling for individuals. Consector helps to competition the individuals' mortgages, personal loans and credit cards with the goal of improving and lowering their interest expenses.

Schoolido

Venture Round in 2015
Schoolido is a cloud-based learning platform founded by a teacher and mother of a dyslexic son, aimed at providing tailored educational solutions for students. The platform caters to the Swedish K12 market, specifically targeting students in grades 7 to 9 across 12 subjects. Schoolido emphasizes multimedia content and supportive tools designed to accommodate diverse learning styles, particularly for dyslexic students. The comprehensive service offering ensures that all students can engage with educational materials in a way that suits their individual needs, fostering an inclusive learning environment.

Oda

Venture Round in 2015
Oda, formerly known as Kolonial.no AS, is Norway's leading online grocery retailer, founded in 2013 and headquartered in Oslo. The company specializes in delivering a wide range of grocery items directly to consumers' homes or to designated collection points. Its extensive product offerings include fresh fruits and vegetables, dairy products, meat, seafood, baked goods, beverages, snacks, and various household essentials. Oda emphasizes a data-driven approach to retail, focusing on sustainability throughout its operations to create an efficient grocery delivery system. With its commitment to convenience and quality, Oda serves millions of customers across Norway.

Caliroots

Venture Round in 2015
Caliroots is a streetwear fashion retail company with both retail stores and an online presence. It provides its users with a mix of streetwear and sneakers from various brands. Based in Stockholm, Sweden, Caliroots was founded in 2003.

Animail

Private Equity Round in 2015
Founded in 2007, Animail revolutionized the Nordic e-commerce development of the pet industry. Back in 2007: a challenger and a start up. Today: driving the digital development of the industry as nordic market leader online. Our customers choose between 8000 different products - ranging from pet food to accessories such as toys, treats, supplements, clothing, healthcare, hygiene and more. Our product range covers dogs, cats, small animals, birds, reptiles and fishes. Purchases are made online and goods we ship the good to our consumers - all the way the door step. Since 2011 backed by Verdane Capital