CNI

CNI Nordic, also known as Club Network Investments, is a venture capital firm based in Stockholm, Sweden, founded in 2011. The firm specializes in late-stage venture capital investments, focusing on small and medium-sized companies in the Nordic region. CNI targets businesses that are at or near break-even with a solid plan for growth in profitability. The firm does not limit itself to specific sectors, allowing for a diverse investment portfolio within the Nordic market.

Erik Ejerhed

Founding Partner

33 past transactions

Mynt

Series B in 2024
Mynt is a fintech company that provides corporate credit card solutions for small and medium-sized businesses. Its platform offers expense management features and automated accounting integration.

Billogram

Venture Round in 2022
Billogram AB is a Swedish company that offers online billing services aimed at simplifying the invoicing process for small business owners. Founded in 2011 and based in Stockholm, the company provides an intelligent digital platform that enables users to create and send invoices in multiple formats, including letters and emails. Billogram's solution also includes features for monitoring payments in real time and sending debt collection letters for unpaid invoices. By automating billing and payment processes, Billogram enhances customer relations while effectively lowering operational costs, increasing revenue, and minimizing customer churn. The platform serves as a modern alternative to traditional invoicing, adding value through improved communication channels and customer management tools.

Budbee

Venture Round in 2022
Budbee is a Swedish delivery service that operates an online marketplace for last-mile logistics, connecting e-commerce merchants with a network of third-party delivery providers rather than owning a proprietary fleet. Founded in 2015 and based in Stockholm, the company focuses on home delivery and efficient last-mile solutions for online retailers. Its service set includes detailed tracking and instant messaging to improve transparency and customer communication, aiming to deliver a seamless shopping experience and reduce wait times for consumers.

Mynt

Venture Round in 2022
Mynt is a fintech company that provides corporate credit card solutions for small and medium-sized businesses. Its platform offers expense management features and automated accounting integration.

FirstVet

Venture Round in 2022
FirstVet, established in 2016 and based in Stockholm, Sweden, operates as a digital veterinary clinic. It offers video consultations with veterinarians, accessible via mobile application or website, for a wide range of pets including small animals, farm animals, and horses. Services encompass medical advice, feeding guidance, tick protection, and behavioral counseling. The platform aims to provide convenient, cost-effective, and timely veterinary care to pet owners.

Volumental

Venture Round in 2021
Volumental AB, established in 2012 and headquartered in Stockholm, Sweden, specializes in 3D scanning technology. Its platform, Volumental, allows users to create accurate 3D models of people, objects, and rooms, which can then be shared or embedded in various web pages. The company's globally recognized 3D scanning software has generated thousands of models and is employed by leading retailers and medical industries for product customization, including 3D printing and personalized footwear recommendations using its AI-driven fit engine.

Mindler

Seed Round in 2021
Mindler is a career guidance and mapping platform designed to assist students and career coaches in making informed career decisions. Founded by alumni from prestigious institutions, including Harvard and IIT, Mindler aims to transform the unorganized career counseling sector in India by making scientific career guidance accessible to a wide audience. The platform offers automated career assessment tools and solutions that are rooted in extensive research, empowering students, educators, and parents to adopt a methodical approach to career planning. By addressing the challenges faced by students during their decision-making process, Mindler plays a significant role in shaping the future of career guidance in the country.

Mindler

Venture Round in 2021
Mindler is a telemedicine software company that provides an online platform to connect users with licensed psychologists and psychotherapists for mental health assessment, treatment, and ongoing care. The platform enables users to find a clinician, book online appointments, and receive remote psychological services. Founded in 2017 and headquartered in Stockholm, Sweden, Mindler aims to increase access to effective mental health care by leveraging digital technology and professional expertise to remove geographic and logistical barriers. The service supports individuals seeking help with stress, anxiety, depression, and related concerns by offering remote consultations and treatment options from qualified clinicians. Mindler focuses on delivering convenient, secure online sessions that complement traditional in-person care, helping patients receive timely support regardless of location.

Easy Park AB

Venture Round in 2021
Easy Park AB, founded in 1999 and headquartered in Stockholm, Sweden, specializes in developing a mobile application for parking services. The application enables users to find, locate, and reserve paid parking spots and gated parking garages, streamlining the parking experience for motorists. In addition to conventional parking, Easy Park's platform supports electric vehicle charging, allowing users to manage both parking and charging needs efficiently. The company offers a digital payment solution that facilitates online transactions for parking services, providing a range of options for users, including smartphone applications, text messages, and phone calls. Through its innovative approach, Easy Park AB aims to help drivers save time and money while enhancing the overall convenience of parking.

Budbee

Series C in 2021
Budbee is a Swedish delivery service that operates an online marketplace for last-mile logistics, connecting e-commerce merchants with a network of third-party delivery providers rather than owning a proprietary fleet. Founded in 2015 and based in Stockholm, the company focuses on home delivery and efficient last-mile solutions for online retailers. Its service set includes detailed tracking and instant messaging to improve transparency and customer communication, aiming to deliver a seamless shopping experience and reduce wait times for consumers.

Nextory

Venture Round in 2020
Nextory is a Swedish digital content platform that provides a subscription service for access to e-books, audiobooks and digital magazines through a mobile app. The platform offers an online catalog of e-books and audio content in various formats, with streaming and download options for reading and listening on smartphones or tablets. Headquartered in Kista, Sweden, Nextory focuses on delivering convenient, on demand access to a wide range of literary content.

Stryda

Venture Round in 2020
Stryda is an online competition platform that enables players to compete in skill-based, real-money challenges across PC and mobile games. Through a PC app, users can join open, queue-free matches for a variety of games, with no qualifying required. The platform also offers services to mobile game developers to monetize their titles by enabling additional revenue opportunities, and allows players to earn money based on their predictions.

Visiba Care

Series B in 2020
Visiba Care is an e-health platform empowering healthcare providers to establish and manage digital practices. It facilitates remote consultations via text messages, video calls, and smart forms for prescriptions, enabling providers to offer accessible, quality care under their own brand.

Budbee

Series B in 2020
Budbee is a Swedish delivery service that operates an online marketplace for last-mile logistics, connecting e-commerce merchants with a network of third-party delivery providers rather than owning a proprietary fleet. Founded in 2015 and based in Stockholm, the company focuses on home delivery and efficient last-mile solutions for online retailers. Its service set includes detailed tracking and instant messaging to improve transparency and customer communication, aiming to deliver a seamless shopping experience and reduce wait times for consumers.

Scrive

Private Equity Round in 2020
Scrive is a platform that provides agreement lifecycle automation powered by electronic signatures and digital identity verification. It enables signing and validating customer and partner identities across telecom, banking, and insurance sectors, supporting end-to-end workflows and multiple levels of electronic signatures recognized under regulation. The service is used globally to improve security, data quality, and customer experience while streamlining point-of-sale, field, distance, and web-based contracting. With more than 3,000 customers worldwide, Scrive helps organizations accelerate signing, reduce risk, and maintain compliant contracts throughout the lifecycle.

Froda

Venture Round in 2020
Froda is a Swedish fintech company established in 2015 with offices in Stockholm and Finland. It specializes in providing digital loans for commercial purposes, serving sectors such as restaurants, cafes, shops, lounges, and agencies. The company aims to revolutionize the banking experience for businesses by offering convenient and affordable financing solutions. Froda has helped over 50,000 businesses grow through its data-driven and digital lending platform, which enables small businesses to borrow money online without requiring asset backing. Its mission is to provide the best possible financing terms tailored to the needs of entrepreneurs and small business owners, bridging the gap between traditional banking and alternative finance options.

Zimpler

Venture Round in 2020
Zimpler is a Swedish technology platform that provides mobile payment solutions for services and online gaming, enabling businesses to offer multiple payment methods and instant in- and out-bank transfers for users. Based in Stockholm with offices in Gothenburg, Zimpler focuses on simplifying the payment experience and giving users control over spending.

Oden Technologies

Venture Round in 2020
Oden Technologies provides real-time data analytics solutions for manufacturers. It offers the ODEN System, including HUGIN, a device that collects data from industrial machines, and a cloud-based dashboard to monitor factory and production-line performance, identify causes of rejections and downtime, and eliminate waste in manufacturing processes. The platform integrates wireless industrial IoT with cloud-based analytics to digitize production and deliver clear data and actionable insights for continuous improvement. The company was founded in 2014 and is headquartered in London, with a presence in New York.

Barnebys

Venture Round in 2020
Founded in Stockholm in 2011, Barnebys is the world's leading search service for art, antiques, and collectibles. It connects buyers and sellers globally via an online platform featuring daily listings from top-tier auctioneers and dealers. The company also offers a free database of auction results and a valuation service.

Babyland Online Nordic

Venture Round in 2019
Babyland Online Nordic AB is a rapidly growing online retailer based in Stockholm, Sweden, specializing in a diverse selection of baby products and toys. Founded in 2012, the company provides an extensive range of items including baby clothing, accessories, strollers, bicycles, and tricycles. In addition to its online presence, Babyland operates physical stores in Stockholm, catering to the needs of parents looking for quality products for their children.

Albacross

Venture Round in 2019
Albacross is a lead generation and advertising platform that specializes in account-based digital marketing. It enables businesses to identify and target specific companies for their advertising efforts. Through advanced tracking technology, Albacross collects and processes data from websites, allowing clients to engage effectively with key accounts. The platform enhances lead generation and advertising efficiency by delivering personalized display advertisements to targeted organizations, thereby maximizing marketing returns and providing clients with valuable tools to acquire important leads.

Zimpler

Venture Round in 2019
Zimpler is a Swedish technology platform that provides mobile payment solutions for services and online gaming, enabling businesses to offer multiple payment methods and instant in- and out-bank transfers for users. Based in Stockholm with offices in Gothenburg, Zimpler focuses on simplifying the payment experience and giving users control over spending.

Dirac

Venture Round in 2019
Dirac enhances digital audio experiences by offering innovative solutions that significantly improve sound quality across various devices and environments. Their expertise lies in room correction and sound field synthesis, catering to automotive, home, professional, and mobile audio systems.

Meds.se

Series A in 2019
Meds is an online pharmacy that sells prescription and non-prescription drugs with permission from the Medical Products Agency. The company also offers a large assortment in health and beauty, all for your well-being. MEDS has no physical store, but instead strives to deliver as quickly as possible to you. MEDS was founded in 2017 and is based in Stockholm, Sweden.

Kids Brand Store

Venture Round in 2018
KidsBrandStore is an online retailer specializing in clothing for children and adolescents aged 8 to 16 years. The company provides a diverse selection of trendy apparel, shoes, and accessories, catering specifically to the fashion needs of today's youth. Through its e-commerce platform, KidsBrandStore enables customers to easily access a unique and fashionable range of products, positioning itself as a go-to destination for teenage fashion.

Dirac

Venture Round in 2018
Dirac enhances digital audio experiences by offering innovative solutions that significantly improve sound quality across various devices and environments. Their expertise lies in room correction and sound field synthesis, catering to automotive, home, professional, and mobile audio systems.

Royal Design

Venture Round in 2018
Royal Design is a leading online retailer specializing in designer furniture and home decor. The company offers a wide range of products, including lighting, kitchen equipment, textiles, rugs, tableware, and outdoor accessories, catering to both home and office needs. With a focus on providing high-quality design items, Royal Design serves as a comprehensive destination for customers seeking to enhance their living spaces. The company supports its clientele through accessible customer service options, including email and phone contact, ensuring a seamless shopping experience.

EasyPark Group

Venture Round in 2018
EasyPark Group is a mobile parking solutions provider that enables pay-by-phone parking and related services for operators, businesses, and property owners. The company offers software and a mobile app that support paid parking, spot reservations, and electric vehicle charging management, along with parking guidance. By integrating payment, reservation and guidance into a single platform, EasyPark Group aims to improve cost efficiency and convenience for users and operators, helping customers locate available spaces, reserve spots, and manage charging sessions from a single interface.

iDeal of Sweden

Venture Round in 2017
iDeal of Sweden AB, founded in 2012 and based in Norrköping, Sweden, specializes in the design, manufacturing, and retail of mobile accessories. The company offers a wide range of products, including mobile shells, wallet cases, power banks, screen protectors, chargers, and various mounts, all crafted from durable materials to ensure longevity and style. iDeal of Sweden operates primarily through an online direct-to-consumer model, leveraging a global network of influencers to enhance its marketing reach. The brand is recognized for its high design content, merging functionality with fashion, catering to consumers who seek both aesthetic appeal and practicality in their mobile accessories.

Acast

Series B in 2017
Founded in 2014, Acast is a global marketplace dedicated to supporting and growing the podcasting industry. It connects podcasters with financial support and audiences worldwide, hosting prominent shows like 'My Dad Wrote a Porno' and 'The Adam Buxton Podcast'. With offices across the globe, Acast employs over 100 individuals committed to fostering a sustainable audio ecosystem.

Acast

Venture Round in 2015
Founded in 2014, Acast is a global marketplace dedicated to supporting and growing the podcasting industry. It connects podcasters with financial support and audiences worldwide, hosting prominent shows like 'My Dad Wrote a Porno' and 'The Adam Buxton Podcast'. With offices across the globe, Acast employs over 100 individuals committed to fostering a sustainable audio ecosystem.

Qapital

Seed Round in 2014
Qapital, Inc. is a personal finance company that offers a mobile application designed to help users manage their money and achieve their financial goals through customizable savings rules. Founded in 2013 and headquartered in New York, Qapital enables users to create accounts that facilitate automatic transfers from their checking accounts to their savings. The application provides tools that allow users to save money based on everyday actions, such as transportation or leisure activities. Additionally, Qapital offers an FDIC-insured checking account and a Visa debit card that enables users to manage their spending more effectively. By integrating behavioral psychology with technology, Qapital aims to simplify money management and encourage intentional spending while promoting savings habits. The company's approach also includes features that help users track their spending and set financial targets, making it easier to align everyday behaviors with long-term financial objectives.

Mathem

Venture Round in 2014
MatHem is an e-commerce company based in Stockholm, Sweden, specializing in the online delivery of groceries and household consumables. Founded in 2009, it serves over half of Swedish households by providing a comprehensive online grocery store that includes a wide variety of products, ready-made grocery bags, and recipe suggestions. MatHem operates a user-friendly platform that streamlines grocery shopping and enhances the cooking experience through subscription plans and helpful tips. Deliveries are made seven days a week using temperature-controlled vehicles to maintain product freshness. The company's commitment to quality has earned it recognition, including awards for being the Grocery Website of the Year by a Swedish online magazine.
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