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

Liv Ingeborg Blekkerud

Chief Financial Officer

Nils Bouchet

Director

Max Carlsén

Investment Professional

Emilio Costa

Investment professional

Andreas Daae

Investment Professional

Frida Einarson

Partner

Magnus Ekqvist

Investment Manager

Eline Stokstad Fjell

Director

Gustav Friberg

Associate

Hampus Frisén

Director

Julia Gerken

Senior Associate

Jakob Greger Gravdal

Investment Professional

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

Wilhelm Meyer

Associate

Iikka Moilanen

Investment Professional

Staffan Mörndal

Partner

Birger Nergaard

Founder

David Nielsen

Senior Associate

Per Nordlander

Partner

Cecilia Nytorp

Investment Professional

Erik Osmundsen

PartnerPartner

Christopher Parmo

Chief Operating Officer

Miikka Patteri

Associate

Camilla Skiffard Pedersen

Associate

Johnny Rindahl

Partner

Tomas Rosales

Investment Professional

Johanna Rydén

Senior Associate

Henrik Sagosen Smeby

Associate

Reed Snyder

Director

Sebastian Stierncreutz

Associate

Göran Strandberg

Partner

Fredrika Svanholm

Associate

Atle Søvik

Partner

Anni Tuulos

Director

Anders Vinther-Antonsen

Senior Associate

Nils Vold

Partner

Hendrik Wildhagen

Director

Maggie Yang

Analyst

Past deals in Norway

Release

Venture Round in 2022
Release operates in the mobile phone re-commerce market, providing an online marketplace for customers to sell or rent their used phones at competitive prices. The company's platform offers subscription-based mobile rental services that include mobile data, protective covers, and glass. This service is designed to benefit both small and medium-sized businesses and private consumers by offering affordable access to mobile devices and subscriptions.

TOPRO

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

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.

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.

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.

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.

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

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.

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.

Conexus

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

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.

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.

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.

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.

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.

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.

MM Sports

Private Equity Round in 2014
MM Sports is one of the largest players in the Nordics in nutrition supplements. Its broad product range includes clothing and high quality supplements. MM Sports focuses on competitive prices, high quality, service and speedy deliveries.

Ferd

Acquisition in 2014
Ferd Capital is a private equity and venture capital firm based in Oslo, Norway, with an additional office in Lysaker. As a subsidiary of Ferd AS, it specializes in various investment strategies, including late-stage growth capital, buyouts, and turnaround investments across a wide range of industries, such as energy, technology, and healthcare. The firm targets investments in companies based primarily in Norway and the broader Scandinavian region, focusing on those with enterprise values between $100 million and $300 million. Ferd Capital typically invests between $50 million and $150 million to acquire significant ownership stakes, often seeking majority control and board representation. The firm operates with flexibility in its investment approach, allowing it to engage with both mature companies needing restructuring and emerging businesses seeking growth capital. As a long-term and active investor, Ferd Capital aims to enhance the value of its portfolio companies while adhering to its established value platform.

Aptomar

Venture Round in 2014
Aptomar is a leading provider of Integrated Field Monitoring sensors, systems and services for the oil and gas industry. The company focuses on protecting the safety and integrity of people, the environment and assets by managing; 24/7 oil spill detection and combating, surveillance and security as well as search and rescue in close cooperation with Industry. Aptomar is located in Trondheim, Norway, with further offices in Houston, USA, and Rio de Janeiro, Brazil. Using proprietary technology and commercially available sensors, Aptomar merges remotely monitored sensor data into a single display, and distributes it to create a real time common operating picture. Experienced operators interpret the combined sensor data and intervene when necessary to alert and support the offshore operator in case of incident. In 2014– as a response to numerous oil companies who want the industry to take a broader, more systematic approach to field monitoring – Aptomar established a new maritime control center in Trondheim, Norway. The center is called Aptomarin. Aptomarin combines 24/7 competence and monitoring capacity, with robust detection and an efficient and controlled emergency response management. Aptomarin consists of master mariners and professionals with extensive maritime and nautical competence.

Troux Technologies

Series E in 2007
Troux Technologies, Inc. provides strategic information technology (IT) planning and control software for enterprises and government agencies in North America, Europe, and the Pacific Rim. The company offers strategic IT planning and control solutions for supporting strategic transformation initiatives; and enterprise architecture solutions for information aggregation and data-quality management, enterprise metadata management, collaborative information modeling environment and decision-making, visual modeling of as-is and to-be environments for business process analysis and scenario decision-making, and role-specific reporting, analytics, workflow, and compliance controls. Its products include Troux 8 to address cost restructuring and business changes; Troux Alignment to uncover and fix business/IT disconnects; Troux Optimization to identify and remove redundant IT spending. It offers solutions for business and IT executives, portfolio and IT planners, enterprise architects, and IT and governance stakeholders. The company has strategic partnerships with Accenture, EDS, and Teradata. Troux Technologies, Inc. was founded in 2001 and is based in Austin, Texas. The company has locations in Arlington, Virginia; Slough, the United Kingdom; München, Germany; Tolvsrød, Norway; and Auckland, New Zealand.

Fjord Media

Venture Round in 2007
FJORD MEDIA is a local startup company providing web sites and web design for local companies, businesses, institutions and organizations.

Exie

Venture Round in 2007
Exie AS, a software company, provides performance management software to public and private sectors in Norway. It offers the software for the implementation of business strategy. The company involves in various programmes, including senior management, public sector, resource management, energy, local government, and supplier intelligence programmes. Exie AS was founded in 1997 and is based in Oslo, Norway.

Colibria

Venture Round in 2007
Colibria provides scalable, solutions for mobile instant messaging, real-time social networking and value-added content services. Colibria ensures interoperability between devices, platforms and operators. Colibria's Instant Messaging and Presence (IMPS and SIP/IMS) offering is the product and service trial standard for interoperability testing, helping drive standards across the world. Colibria's current customers include Operators and Service Providers worldwide seeking to maximize the benefits of MIM, including Telefonica, TMN Portugal, Telia Sonera and Maxis. Colibria's many partners are also at the forefront of MIM technologies, including Acision, Alcatel-Lucent, Ericsson and Motorola.

MaXware

Series A in 2005
MaXware AS, an independent software vendor, provides identity management products and services that support the life cycle of digital identities. Its solutions include access and password management, identity administration, provisioning, and directory services and federation, as well as auditing, reporting, logging, and monitoring of systems. The company's products include Identity Center that optimizes the lifecycle management of users and resources; Data Synchronization Engine, a solution for handling, synchronizing, converting, and joining data to and from data repository; ExpresSync, a one-to-one data synchronization tool that enables enterprises to manage identity integration; Virtual Directory, which provides a single access point to various data sources; Federation Server that integrates virtual directory and federation technology into a solution with a single management interface; and Directory Explorer, a plug-in for Windows Explorer and integrated into Microsoft Outlook for providing access to the configured directory servers. It serves telecom, defense, government, and financial organizations. MaXware AS was founded in 1989 and is based in Trondheim, Norway. As of May 21, 2007, MaXware AS is a subsidiary of SAP AG.

Troux Technologies

Series C in 2005
Troux Technologies, Inc. provides strategic information technology (IT) planning and control software for enterprises and government agencies in North America, Europe, and the Pacific Rim. The company offers strategic IT planning and control solutions for supporting strategic transformation initiatives; and enterprise architecture solutions for information aggregation and data-quality management, enterprise metadata management, collaborative information modeling environment and decision-making, visual modeling of as-is and to-be environments for business process analysis and scenario decision-making, and role-specific reporting, analytics, workflow, and compliance controls. Its products include Troux 8 to address cost restructuring and business changes; Troux Alignment to uncover and fix business/IT disconnects; Troux Optimization to identify and remove redundant IT spending. It offers solutions for business and IT executives, portfolio and IT planners, enterprise architects, and IT and governance stakeholders. The company has strategic partnerships with Accenture, EDS, and Teradata. Troux Technologies, Inc. was founded in 2001 and is based in Austin, Texas. The company has locations in Arlington, Virginia; Slough, the United Kingdom; München, Germany; Tolvsrød, Norway; and Auckland, New Zealand.

Reslink

Acquisition in 2003
Reslink Corporation, a engineering and manufacturing company, engages in the development and supply of open-hole and cased hole completion solutions to the oil and gas industry in Europe, North America, the Middle East, Africa, Pacific Asia, and internationally.