Kinnevik is an investment company based in Stockholm, Sweden, established in 1936 by the Stenbeck, Klingspor, and von Horn families. Focused on building digital consumer businesses, Kinnevik partners with talented founders and management teams to create and lead fast-growing companies in both developed and emerging markets. The firm invests in sectors such as healthcare, software, marketplaces, and climate technology, aiming to deliver both shareholder returns and positive social impact through well-governed enterprises. Kinnevik fosters an entrepreneurial spirit and is committed to providing consumers with more and better choices.
Skeppsbron 18, Box 2094, Stockholm, 103 13 Stockholm, SE
Ala Alenazi
Investment Manager
Joakim Andersson
CFO
Andreas Bernstrom
Operational Partner
Chris Bischoff
Senior Investment Director
Akhil Chainwala
Senior Investment Director
Georgi Ganev
CEO
Tim He
Venture Investor
Fredrik Holmgren
Investment Analyst
Magnus Jakobson
Capital Markets Director
Mathew Joseph
Operating Partner
Torun Litzén
Director Corporate Communications
Ola Nordbye
Investment Director and Board Member
Maxine Rior
Investment associate
Christian Scherrer
Investor
Samuel Sjöström
CFO
Jessica Pedroni Thorell
Investment Director
Anfisa Tukhvatullina
Investment Associate
Natalie Tydeman
Managing Investment Director
159 past transactions
Job&talent
Series F in 2025
Job&Talent is a leading marketplace for essential work, specializing in matching individuals with companies through its advanced platform. Founded in 2009 and headquartered in Madrid, the company utilizes technology to simplify the hiring process, offering services that include messaging, in-application hiring, staffing, and payroll management. This innovative approach leverages big-data matching technology to enhance recruitment efficiency and quality. In 2022, Job&Talent successfully placed over 340,000 workers in more than 2,500 companies, generating €1.9 billion in revenue. Operating in ten countries across Europe, the U.S., and Latin America, Job&Talent is recognized as the highest-valued unicorn in Spain, with a valuation of $2.4 billion and support from prominent investors. The company is committed to expanding its reach and continuing to deliver reliable, flexible work solutions for both job seekers and employers.
Mews
Venture Round in 2025
Mews is a cloud-based hotel property management system designed to streamline hotel operations and enhance guest experiences. Founded by former hoteliers, Mews provides a next-generation hospitality platform suitable for hotels, hostels, and apartments. Its innovative features include smart automation for online check-ins, payment processing, booking management, and staff training, allowing property owners to improve both operational efficiency and guest satisfaction. Serving over 5,000 properties across more than 85 countries, Mews stands out for its extensive range of integrations with various hospitality technology providers, making it a comprehensive solution in the industry. In recognition of its capabilities, Mews was awarded Best Property Management System at the 2024 HotelTechAwards.
TravelPerk
Series E in 2025
TravelPerk is a comprehensive platform designed to streamline business travel management by consolidating booking, reporting, and support into a single solution. The platform offers a diverse selection of travel options, including flights, hotels, and car rentals, which allows users to book their travel easily while adhering to company policies. It features an automated system that integrates customer service, reporting tools, and expense management capabilities, enabling organizations to oversee their travel arrangements effectively. Additionally, TravelPerk's technology facilitates the enforcement of travel policies, cost control, and data analysis, ultimately simplifying the travel planning process for businesses and their employees.
Enveda Biosciences
Series C in 2024
Enveda Biosciences is a biotechnology company focused on drug discovery through the exploration of chemical diversity found in nature. Utilizing AI-powered tools, the company develops a robust database of chemical molecules derived from living organisms. Enveda's platform integrates machine learning, metabolomics, and robotics to analyze natural samples for their chemical structures and biological activities. This innovative approach allows for the efficient identification of potential new medicines, including antibiotics and hypotensives, without the need for isolating individual compounds or conducting extensive experiments. By harnessing nature's hidden chemistry, Enveda aims to accelerate the development of novel therapeutics for the healthcare industry.
Aira
Series B in 2024
Aira operates as a clean energy-tech company that provides heat pumps and home energy-saving solutions. Aira aims to lower CO2 emissions from residential heating, reduce reliance on foreign gas, and decrease consumer energy bills. Aira speeds up the electrification of residential heating with smart clean energy technology, paving the way for the net zero future that consumers need.
HungryPanda
Series D in 2024
HungryPanda Limited is a food delivery platform that specializes in providing authentic Chinese cuisine and groceries, primarily serving Chinese communities living abroad. Founded in 2016 and based in Nottingham, United Kingdom, the company operates an online B2C platform accessible through web and mobile applications. HungryPanda lists a variety of Chinese restaurants and supermarkets, allowing customers to place orders and make payments conveniently. The platform is designed with user preferences in mind, ensuring a seamless experience. With a presence in over 60 major cities across countries such as the UK, France, Australia, New Zealand, the US, and Canada, HungryPanda has established itself as a global leader in its niche. The company's success is attributed to its strong operational efficiency, specialized focus on the needs of overseas Chinese, and an effective distribution system that enhances its food and retail ecosystem.
Spring Health
Series E in 2024
Spring Health is a digital healthcare company specializing in mental health solutions for employers and health plans. The company employs Precision Mental Healthcare, utilizing assessment and machine-learning technology to identify the unique mental health needs of individuals. This approach allows Spring Health to deliver tailored care plans that may include digital support, meditation exercises, coaching, therapy, and medication. By modernizing behavioral health benefits, Spring Health aims to enhance employee well-being through an effective and personalized mental healthcare experience.
Enveda Biosciences
Series B in 2024
Enveda Biosciences is a biotechnology company focused on drug discovery through the exploration of chemical diversity found in nature. Utilizing AI-powered tools, the company develops a robust database of chemical molecules derived from living organisms. Enveda's platform integrates machine learning, metabolomics, and robotics to analyze natural samples for their chemical structures and biological activities. This innovative approach allows for the efficient identification of potential new medicines, including antibiotics and hypotensives, without the need for isolating individual compounds or conducting extensive experiments. By harnessing nature's hidden chemistry, Enveda aims to accelerate the development of novel therapeutics for the healthcare industry.
Transcarent
Series D in 2024
Transcarent is a consumer-directed health and care platform designed for employees of self-insured employers and their families. The company utilizes a blend of software, technology, and data science to provide consumers with unbiased information and trusted guidance. By connecting users to a network of high-value healthcare providers and services, Transcarent aims to empower individuals to make informed choices and achieve better health outcomes while navigating the complexities of the healthcare system. This approach fosters transparency and cost-effective decision-making, addressing a wide range of healthcare challenges faced by consumers today.
Pelago
Series C in 2024
Pelago, formerly known as Quit Genius, is a leading virtual clinic focused on substance use management, particularly for tobacco, alcohol, and opioids. The company aims to transform support for substance use by offering education, management skills, and opportunities for positive change to individuals struggling with addiction. Pelago provides employers with a means to offer on-demand, personalized support for employees seeking healthier lifestyles. Its platform utilizes cognitive behavioral therapy (CBT) to address the psychological aspects of addiction, helping users identify triggers and access support through animated videos, interactive exercises, and audio sessions. This approach allows individuals to work at their own pace with the assistance of a personalized coach. Pelago's services seamlessly integrate with health plans, pharmacy benefit managers, and wellness platforms, and the company has successfully supported over 750,000 members in managing their substance use and improving their overall well-being.
Mews
Series D in 2024
Mews is a cloud-based hotel property management system designed to streamline hotel operations and enhance guest experiences. Founded by former hoteliers, Mews provides a next-generation hospitality platform suitable for hotels, hostels, and apartments. Its innovative features include smart automation for online check-ins, payment processing, booking management, and staff training, allowing property owners to improve both operational efficiency and guest satisfaction. Serving over 5,000 properties across more than 85 countries, Mews stands out for its extensive range of integrations with various hospitality technology providers, making it a comprehensive solution in the industry. In recognition of its capabilities, Mews was awarded Best Property Management System at the 2024 HotelTechAwards.
TravelPerk
Series D in 2024
TravelPerk is a comprehensive platform designed to streamline business travel management by consolidating booking, reporting, and support into a single solution. The platform offers a diverse selection of travel options, including flights, hotels, and car rentals, which allows users to book their travel easily while adhering to company policies. It features an automated system that integrates customer service, reporting tools, and expense management capabilities, enabling organizations to oversee their travel arrangements effectively. Additionally, TravelPerk's technology facilitates the enforcement of travel policies, cost control, and data analysis, ultimately simplifying the travel planning process for businesses and their employees.
Aira
Series B in 2024
Aira operates as a clean energy-tech company that provides heat pumps and home energy-saving solutions. Aira aims to lower CO2 emissions from residential heating, reduce reliance on foreign gas, and decrease consumer energy bills. Aira speeds up the electrification of residential heating with smart clean energy technology, paving the way for the net zero future that consumers need.
Aira
Series A in 2023
Aira operates as a clean energy-tech company that provides heat pumps and home energy-saving solutions. Aira aims to lower CO2 emissions from residential heating, reduce reliance on foreign gas, and decrease consumer energy bills. Aira speeds up the electrification of residential heating with smart clean energy technology, paving the way for the net zero future that consumers need.
HABYT
Series C in 2023
Habyt GmbH, founded in 2017 and headquartered in Berlin, Germany, specializes in community-driven and technologically advanced co-living spaces. The company offers a range of fully furnished private and shared apartments with flexible rental options, catering to diverse living arrangements on a global scale. Habyt's focus is on creating environments that foster connections among residents, facilitated by a digital-first approach that standardizes the housing process for both tenants and landlords. The accommodations include essential amenities such as private bedrooms equipped with desks, wardrobes, and Wi-Fi, along with cleaning services and linens. By prioritizing accessibility and comfort, Habyt aims to provide economical housing solutions for individuals seeking flexible living options.
TravelPerk
Series D in 2023
TravelPerk is a comprehensive platform designed to streamline business travel management by consolidating booking, reporting, and support into a single solution. The platform offers a diverse selection of travel options, including flights, hotels, and car rentals, which allows users to book their travel easily while adhering to company policies. It features an automated system that integrates customer service, reporting tools, and expense management capabilities, enabling organizations to oversee their travel arrangements effectively. Additionally, TravelPerk's technology facilitates the enforcement of travel policies, cost control, and data analysis, ultimately simplifying the travel planning process for businesses and their employees.
Instabee
Convertible Note in 2023
Instabee is an online and mail-order retail company that focuses on last-mile delivery solutions for merchants such as ASOS, Zalando, Inditex, and H&M. Formed through the merger of Budbee and Instabox, Instabee offers a platform that simplifies the shipping and receiving of parcels. Its services include convenient e-commerce deliveries and returns to either home addresses or designated lockers, accompanied by detailed tracking information. Additionally, the platform features instant messaging capabilities for communication regarding parcel locker deliveries, enhancing the overall shopping experience for consumers and reducing the time spent waiting in queues.
Charm Industrial
Series B in 2023
Charm Industrial has developed an innovative approach to carbon sequestration by converting agricultural residues into bio-oil, which is then injected deep underground for permanent storage. This process not only captures carbon dioxide from the atmosphere but also allows for the production of green hydrogen through the reforming of pyrolysis bio-oil. By utilizing biomass, Charm Industrial aims to provide a reliable and cost-competitive source of energy and industrial chemicals while enabling industrial clients to achieve carbon neutrality. Their technology addresses significant environmental challenges, such as wildfires and soil erosion, by ensuring that captured CO₂ remains securely stored, contributing to a sustainable energy future.
Mathem
Venture Round in 2023
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.
Enveda Biosciences
Series B in 2023
Enveda Biosciences is a biotechnology company focused on drug discovery through the exploration of chemical diversity found in nature. Utilizing AI-powered tools, the company develops a robust database of chemical molecules derived from living organisms. Enveda's platform integrates machine learning, metabolomics, and robotics to analyze natural samples for their chemical structures and biological activities. This innovative approach allows for the efficient identification of potential new medicines, including antibiotics and hypotensives, without the need for isolating individual compounds or conducting extensive experiments. By harnessing nature's hidden chemistry, Enveda aims to accelerate the development of novel therapeutics for the healthcare industry.
Agreena
Series B in 2023
Agreena is a company focused on advancing regenerative agriculture through its soil carbon platform. It verifies, mints, and sells carbon credits generated by farmers, while also issuing third-party verified carbon certificates. The company develops software that leverages ground-truth data, satellites, artificial intelligence, and advanced technologies to measure key metrics related to regenerative agriculture. By providing both financial and technological solutions, Agreena aims to facilitate the global transition to regenerative agricultural practices, enhancing farm profitability and sustainability for farmers.
Lunar
Series D in 2023
Lunar is a digital challenger bank founded in 2015 by Ken Villum Klausen, headquartered in Copenhagen, Hovedstaden. It provides a mobile-based banking app that allows consumers to manage their personal finances through a variety of services, including insurance, savings, budgeting, loans, and investments. The company operates with a banking license and has introduced both free accounts and a subscription-based service called Lunar Premium. Additionally, Lunar facilitates online money transfers and payments, offering functionalities such as balance checking and account opening. By partnering with local banks, Lunar enhances security and simplifies banking processes for its customers. With a presence in Aarhus, Copenhagen, Stockholm, and Oslo, the company employs over 180 individuals and aims to expand its personal and business banking operations while striving for profitability in attractive banking markets. Lunar has successfully raised €104 million from several investors.
Mews
Series C in 2022
Mews is a cloud-based hotel property management system designed to streamline hotel operations and enhance guest experiences. Founded by former hoteliers, Mews provides a next-generation hospitality platform suitable for hotels, hostels, and apartments. Its innovative features include smart automation for online check-ins, payment processing, booking management, and staff training, allowing property owners to improve both operational efficiency and guest satisfaction. Serving over 5,000 properties across more than 85 countries, Mews stands out for its extensive range of integrations with various hospitality technology providers, making it a comprehensive solution in the industry. In recognition of its capabilities, Mews was awarded Best Property Management System at the 2024 HotelTechAwards.
Oda
Venture Round in 2022
Oda, formerly known as Kolonial.no AS, is a prominent online grocery retailer based in Oslo, Norway. Founded in 2013, the company specializes in providing a wide array of grocery items, including fresh produce, dairy products, meats, seafood, baked goods, household essentials, and personal care items. Oda employs a data-driven approach to enhance efficiency and sustainability throughout its supply chain, aiming to deliver high-quality products directly to customers' doorsteps or designated collection points. The platform caters to millions of consumers, ensuring convenient access to everyday staples and ready-made meals while emphasizing a commitment to sustainable retail practices.
Oda
Debt Financing in 2022
Oda, formerly known as Kolonial.no AS, is a prominent online grocery retailer based in Oslo, Norway. Founded in 2013, the company specializes in providing a wide array of grocery items, including fresh produce, dairy products, meats, seafood, baked goods, household essentials, and personal care items. Oda employs a data-driven approach to enhance efficiency and sustainability throughout its supply chain, aiming to deliver high-quality products directly to customers' doorsteps or designated collection points. The platform caters to millions of consumers, ensuring convenient access to everyday staples and ready-made meals while emphasizing a commitment to sustainable retail practices.
Solugen
Series D in 2022
Solugen, Inc. is a specialty chemicals company based in Houston, Texas, that focuses on producing industrial chemicals through industrial biotechnology and green chemistry. Founded in 2016, Solugen develops a range of environmentally friendly products, including BioPeroxide, a carbon-negative hydrogen peroxide, and BioChelate, a biodegradable chelant. The company also offers ScavSol, a multivalent metal sequestrant for energy applications; ScaleSol, an alternative to phosphonates for scale control; and CorrSol, a corrosion and fouling control product. By utilizing fermentation and enzymatic technology to convert plant sugars into chemicals, Solugen aims to replace petroleum-based products with plant-derived alternatives. Its innovative solutions are designed to benefit various industries, including agriculture, cleaning, energy, and water, while also addressing critical issues such as clean water, sustainable materials, and healthier personal care products.
Recursion Pharmaceuticals
Post in 2022
Recursion Pharmaceuticals, Inc. is a clinical-stage biotechnology company based in Salt Lake City, Utah, that focuses on revolutionizing drug discovery through the integration of advanced technologies such as artificial intelligence, automation, and bioinformatics. Founded in 2013, the company has developed a comprehensive drug discovery platform that includes various tools and software, such as ReChem for chemical compound design, ReScreen for managing complex experimental workflows, and RePredict for modeling drug relationships using machine learning. These innovations enable Recursion to generate extensive biological and chemical datasets, facilitating the exploration of foundational biology and accelerating the development of new therapeutic solutions. Through its unique approach, Recursion aims to significantly enhance patient outcomes and streamline the drug discovery process.
Stegra
Series B in 2022
Stegra operates a steel production plant focused on decarbonizing the steel industry in Europe through the use of green hydrogen. The facility is designed as a fully integrated, digitalized, and automated greenfield plant, which combines raw materials, renewable energy, and artificial intelligence to produce fossil-free steel. By replacing traditional CO2-intensive coal with green hydrogen, the plant significantly reduces emissions, with water and heat as the primary byproducts. This innovative approach enables clients to access high-quality, sustainable steel at a competitive cost, contributing to the broader goal of accelerating decarbonization in the steel sector.
Gordian Software
Series A in 2022
Gordian Software LLC, founded in 2017 and headquartered in Bellevue, Washington, specializes in developing application programming interfaces (APIs) for airline bookings on travel websites. The company offers drop-in integration solutions that allow airlines to sell ancillary products, such as baggage, seating, and meals, through third-party travel agency platforms. Gordian serves a diverse range of clients, including major travel organizations like Priceline, Hopper, and Trip.com, and supports over 100 airlines, including well-known carriers like Lufthansa Group, United Airlines, and Singapore Airlines. With significant growth, Gordian reported a 3.5x revenue increase in the first half of 2022 and currently serves more than 60 million passengers each month. The company is backed by several notable investors and emphasizes a culture of empowerment and collaboration among its team of over 30 employees.
YouScan
Series A in 2022
YouScan is an AI-powered social media monitoring platform founded in 2009, based in Moscow, Russian Federation, and operates as a subsidiary of Yell.ru Ltd. The platform assists brand owners, marketers, researchers, and PR professionals in understanding consumer opinions about their products and competitors through advanced analytics. YouScan provides insights into what consumers say, do, and who they are, leveraging tools such as a conversational social listening assistant powered by ChatGPT and industry-leading visual analysis capabilities. The platform serves over 400 clients globally, including notable brands like Nestle, L'Oreal, and Coca-Cola, as well as smaller, customer-centric companies. Recognized for its innovative solutions, YouScan has received accolades from industry experts, including being named a "Cool AI Vendor for Marketing" by Gartner and recognized multiple times as the "Best Social Media Monitoring Software" by the MarkTech Breakthrough Awards. The company has a diverse team located across various countries, reflecting its commitment to understanding and improving customer engagement.
Budbee
Venture Round in 2022
Budbee AB, founded in 2015 and based in Stockholm, Sweden, operates an online marketplace that connects distribution companies with businesses needing to deliver items to consumers. The company specializes in last-mile logistics for e-commerce, focusing on customer satisfaction and operational efficiency. Budbee's services include detailed tracking information and instant chat options, enhancing the shopping experience by minimizing wait times and streamlining the delivery process. By not relying on a proprietary fleet, Budbee effectively partners with various logistics providers to cater to the growing demands of online shopping.
SafetyWing
Series B in 2022
SafetyWing is a startup founded in 2017 in Palo Alto, California, that specializes in travel medical insurance for remote workers and digital nomads. The company provides a range of insurance services designed to support the unique needs of individuals who work outside their home countries. Through its Remote Health product, SafetyWing offers personalized coverage that includes emergency medical treatment, lost luggage protection, and travel delay compensation. This enables online freelancers and remote workers to secure affordable insurance solutions in real-time, allowing them to travel with greater peace of mind. The founders of SafetyWing are Sondre Rasch, Sarah Beyahte Sandnes, and Hans Nyvold Kjellby.
Omnipresent
Series B in 2022
Omnipresent Group Limited is a company that specializes in providing local employment, payroll, and benefits services for international teams. Founded in 2019 and based in London, it enables businesses to hire remote teams worldwide by ensuring compliance with local employment laws and regulations. The company manages payroll processes, including local taxes and cross-border payments, while also offering comprehensive benefits packages to employees. By streamlining human resource support and onboarding, Omnipresent allows companies to focus on their core operations while effectively managing their global workforce. As a fully remote organization, it is dedicated to enhancing the experience of international teams and fostering a sense of belonging among employees.
Lunar
Series D in 2022
Lunar is a digital challenger bank founded in 2015 by Ken Villum Klausen, headquartered in Copenhagen, Hovedstaden. It provides a mobile-based banking app that allows consumers to manage their personal finances through a variety of services, including insurance, savings, budgeting, loans, and investments. The company operates with a banking license and has introduced both free accounts and a subscription-based service called Lunar Premium. Additionally, Lunar facilitates online money transfers and payments, offering functionalities such as balance checking and account opening. By partnering with local banks, Lunar enhances security and simplifies banking processes for its customers. With a presence in Aarhus, Copenhagen, Stockholm, and Oslo, the company employs over 180 individuals and aims to expand its personal and business banking operations while striving for profitability in attractive banking markets. Lunar has successfully raised €104 million from several investors.
Agreena
Series A in 2022
Agreena is a company focused on advancing regenerative agriculture through its soil carbon platform. It verifies, mints, and sells carbon credits generated by farmers, while also issuing third-party verified carbon certificates. The company develops software that leverages ground-truth data, satellites, artificial intelligence, and advanced technologies to measure key metrics related to regenerative agriculture. By providing both financial and technological solutions, Agreena aims to facilitate the global transition to regenerative agricultural practices, enhancing farm profitability and sustainability for farmers.
TravelPerk
Series D in 2022
TravelPerk is a comprehensive platform designed to streamline business travel management by consolidating booking, reporting, and support into a single solution. The platform offers a diverse selection of travel options, including flights, hotels, and car rentals, which allows users to book their travel easily while adhering to company policies. It features an automated system that integrates customer service, reporting tools, and expense management capabilities, enabling organizations to oversee their travel arrangements effectively. Additionally, TravelPerk's technology facilitates the enforcement of travel policies, cost control, and data analysis, ultimately simplifying the travel planning process for businesses and their employees.
Transcarent
Series C in 2022
Transcarent is a consumer-directed health and care platform designed for employees of self-insured employers and their families. The company utilizes a blend of software, technology, and data science to provide consumers with unbiased information and trusted guidance. By connecting users to a network of high-value healthcare providers and services, Transcarent aims to empower individuals to make informed choices and achieve better health outcomes while navigating the complexities of the healthcare system. This approach fosters transparency and cost-effective decision-making, addressing a wide range of healthcare challenges faced by consumers today.
HungryPanda
Series D in 2021
HungryPanda Limited is a food delivery platform that specializes in providing authentic Chinese cuisine and groceries, primarily serving Chinese communities living abroad. Founded in 2016 and based in Nottingham, United Kingdom, the company operates an online B2C platform accessible through web and mobile applications. HungryPanda lists a variety of Chinese restaurants and supermarkets, allowing customers to place orders and make payments conveniently. The platform is designed with user preferences in mind, ensuring a seamless experience. With a presence in over 60 major cities across countries such as the UK, France, Australia, New Zealand, the US, and Canada, HungryPanda has established itself as a global leader in its niche. The company's success is attributed to its strong operational efficiency, specialized focus on the needs of overseas Chinese, and an effective distribution system that enhances its food and retail ecosystem.
Vay
Series B in 2021
Vay is a Berlin-based deep technology company that is on track to launch the first driverless, safety-certified, commercial fleet on European public streets. The company aims to revolutionize urban transportation by enabling remote-controlled cars, offering a safer, more efficient solution for ride-hailing and vehicle-sharing services. Vay’s unique approach blends the advantages of self-driving technology with human supervision to ensure safety and adaptability in complex driving environments. Their goal is to reduce urban congestion, cut emissions, and make mobility more sustainable while providing a seamless transportation experience for users.
Pleo
Series C in 2021
Pleo is a Copenhagen-based company founded in 2015 by Jeppe Rindom and Niccolo Perra, dedicated to transforming business spending for modern teams. The company offers an all-in-one platform designed to simplify the expense management process. Its innovative solution includes smart company cards and a user-friendly mobile application that automatically matches receipts and tracks spending in real-time. Pleo's platform eliminates the need for traditional expense reports and streamlines bookkeeping tasks by integrating directly with accounting software, providing businesses with comprehensive visibility and control over their expenditures. By focusing on making employees feel valued at work, Pleo aims to enhance the overall experience of managing business spending.
Job&talent
Series E in 2021
Job&Talent is a leading marketplace for essential work, specializing in matching individuals with companies through its advanced platform. Founded in 2009 and headquartered in Madrid, the company utilizes technology to simplify the hiring process, offering services that include messaging, in-application hiring, staffing, and payroll management. This innovative approach leverages big-data matching technology to enhance recruitment efficiency and quality. In 2022, Job&Talent successfully placed over 340,000 workers in more than 2,500 companies, generating €1.9 billion in revenue. Operating in ten countries across Europe, the U.S., and Latin America, Job&Talent is recognized as the highest-valued unicorn in Spain, with a valuation of $2.4 billion and support from prominent investors. The company is committed to expanding its reach and continuing to deliver reliable, flexible work solutions for both job seekers and employers.
NICK’S
Series C in 2021
NICK’S is a food tech company that manufactures keto diet-friendly ice cream, snack bars, and ice cream sandwiches. The company creates food products with the goal of revolutionizing the market for healthy snacks and sweets.
Babylon
Post in 2021
Babylon is a digital-first, value-based care company. Founded in 2013, it aims to make high-quality healthcare accessible and affordable for everyone on Earth. It reengineers the global healthcare market to better align system-wide incentives and to shift the focus from reactive sick care to preventative healthcare, resulting in better member health, improved member experience and reduced costs. To achieve this goal, it leverages its highly scalable, digital-first platform combined with high quality clinical operations and affiliated provider networks to provide an integrated, end-to-end healthcare solution.
Sure
Series C in 2021
Sure Inc. is an insurance technology company based in San Diego, California, founded in 2014. It operates an online application that allows users to purchase a variety of insurance coverages, including those for luggage, smartphones, personal belongings, and renters. Sure collaborates with several prominent insurance providers to offer comprehensive insurance solutions. The company also provides an enterprise SaaS platform and APIs that facilitate digital transformation and the distribution of embedded insurance, enabling global brands and insurance carriers to manage and sell insurance products effectively. By streamlining the digital insurance sales process and enhancing service delivery, Sure supports various phases of the insurance lifecycle, all without necessitating additional IT resources.
Betterment
Series F in 2021
Betterment LLC is an online financial advisory firm based in New York, founded in 2007. The company specializes in automated investing services that help individuals manage their finances through a customized and diversified portfolio. Betterment offers a range of investment options, including traditional and Roth IRAs, 401(k) accounts, and trust accounts, all of which are designed to optimize investment returns. Its services also include financial and retirement planning, tax loss harvesting, and cash management tools, such as the Two-Way Sweep feature. Betterment caters to various customer segments, including individual investors, businesses through Betterment for Business, and financial advisors via Betterment for Advisors. The firm charges a management fee for its services and focuses on providing personalized, goal-based investing solutions to enhance clients' long-term financial success.
Spring Health
Series C in 2021
Spring Health is a digital healthcare company specializing in mental health solutions for employers and health plans. The company employs Precision Mental Healthcare, utilizing assessment and machine-learning technology to identify the unique mental health needs of individuals. This approach allows Spring Health to deliver tailored care plans that may include digital support, meditation exercises, coaching, therapy, and medication. By modernizing behavioral health benefits, Spring Health aims to enhance employee well-being through an effective and personalized mental healthcare experience.
Pelago
Series B in 2021
Pelago, formerly known as Quit Genius, is a leading virtual clinic focused on substance use management, particularly for tobacco, alcohol, and opioids. The company aims to transform support for substance use by offering education, management skills, and opportunities for positive change to individuals struggling with addiction. Pelago provides employers with a means to offer on-demand, personalized support for employees seeking healthier lifestyles. Its platform utilizes cognitive behavioral therapy (CBT) to address the psychological aspects of addiction, helping users identify triggers and access support through animated videos, interactive exercises, and audio sessions. This approach allows individuals to work at their own pace with the assistance of a personalized coach. Pelago's services seamlessly integrate with health plans, pharmacy benefit managers, and wellness platforms, and the company has successfully supported over 750,000 members in managing their substance use and improving their overall well-being.
Lunar
Series D in 2021
Lunar is a digital challenger bank founded in 2015 by Ken Villum Klausen, headquartered in Copenhagen, Hovedstaden. It provides a mobile-based banking app that allows consumers to manage their personal finances through a variety of services, including insurance, savings, budgeting, loans, and investments. The company operates with a banking license and has introduced both free accounts and a subscription-based service called Lunar Premium. Additionally, Lunar facilitates online money transfers and payments, offering functionalities such as balance checking and account opening. By partnering with local banks, Lunar enhances security and simplifies banking processes for its customers. With a presence in Aarhus, Copenhagen, Stockholm, and Oslo, the company employs over 180 individuals and aims to expand its personal and business banking operations while striving for profitability in attractive banking markets. Lunar has successfully raised €104 million from several investors.
Pleo
Series C in 2021
Pleo is a Copenhagen-based company founded in 2015 by Jeppe Rindom and Niccolo Perra, dedicated to transforming business spending for modern teams. The company offers an all-in-one platform designed to simplify the expense management process. Its innovative solution includes smart company cards and a user-friendly mobile application that automatically matches receipts and tracks spending in real-time. Pleo's platform eliminates the need for traditional expense reports and streamlines bookkeeping tasks by integrating directly with accounting software, providing businesses with comprehensive visibility and control over their expenditures. By focusing on making employees feel valued at work, Pleo aims to enhance the overall experience of managing business spending.
Superb
Series A in 2021
Superb is a platform designed to streamline the operations of restaurants and hospitality businesses worldwide. It offers an integrated solution that consolidates various tools necessary for managing restaurant activities, including reservations, orders, payments, gift cards, take-away services, and data-driven guest profiles. By unifying these functions into a single interface, Superb allows restaurants to enhance customer experience, optimize workflows, and focus on core business activities. The platform is currently utilized by over 1,000 restaurants globally, empowering them to leverage data for improving guest relationships and maximizing revenue.
TravelPerk
Series D in 2021
TravelPerk is a comprehensive platform designed to streamline business travel management by consolidating booking, reporting, and support into a single solution. The platform offers a diverse selection of travel options, including flights, hotels, and car rentals, which allows users to book their travel easily while adhering to company policies. It features an automated system that integrates customer service, reporting tools, and expense management capabilities, enabling organizations to oversee their travel arrangements effectively. Additionally, TravelPerk's technology facilitates the enforcement of travel policies, cost control, and data analysis, ultimately simplifying the travel planning process for businesses and their employees.
Mathem
Venture Round in 2021
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.
Oda
Venture Round in 2021
Oda, formerly known as Kolonial.no AS, is a prominent online grocery retailer based in Oslo, Norway. Founded in 2013, the company specializes in providing a wide array of grocery items, including fresh produce, dairy products, meats, seafood, baked goods, household essentials, and personal care items. Oda employs a data-driven approach to enhance efficiency and sustainability throughout its supply chain, aiming to deliver high-quality products directly to customers' doorsteps or designated collection points. The platform caters to millions of consumers, ensuring convenient access to everyday staples and ready-made meals while emphasizing a commitment to sustainable retail practices.
Mathem
Venture Round in 2021
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.
Cityblock
Series C in 2021
Cityblock Health is a technology-driven provider focused on meeting the complex health and social needs of Medicaid and Medicare populations. The company delivers a personalized health system that integrates primary care, behavioral health, and social services, partnering with community-based organizations to ensure tailored support for each member. By investing in prevention-oriented care and utilizing technology to enhance coordination and communication, Cityblock aims to improve health outcomes while reducing costs. During the COVID-19 pandemic, the organization developed a model to identify members at high risk, demonstrating its commitment to addressing urgent health challenges within communities.
Simple Feast
Venture Round in 2021
Simple Feast is a Copenhagen-based company founded in 2015 by Jakob Jønck and Thomas Ambus, specializing in sustainable food delivery. The company focuses on providing plant-based meal kits that are both organic and sustainably produced. Simple Feast offers two primary products: Weekly Boxes and Comfort Food Boxes. Weekly Boxes consist of three complete vegetarian or vegan meals that require minimal preparation, while Comfort Food Boxes feature 4 to 8 ready-to-eat jarred meals that only need heating and a side dish. The meals are packaged in biodegradable boxes, ensuring an environmentally friendly delivery to consumers' doorsteps.
Vivino
Series D in 2021
Vivino is a leading online wine marketplace and the most downloaded wine app globally, founded in 2010 and headquartered in San Francisco, California. The platform empowers users to explore and enjoy wine through a unique shopping experience that leverages community data for personalized recommendations. It allows wine enthusiasts of all expertise levels to discover, rate, and purchase wines easily. The Vivino app enables users to scan wine labels with their smartphones, providing access to user-generated ratings and reviews, thereby facilitating informed purchasing decisions. With a community of millions, Vivino aims to make wine discovery fun and accessible for everyone.
Budbee
Series C in 2021
Budbee AB, founded in 2015 and based in Stockholm, Sweden, operates an online marketplace that connects distribution companies with businesses needing to deliver items to consumers. The company specializes in last-mile logistics for e-commerce, focusing on customer satisfaction and operational efficiency. Budbee's services include detailed tracking information and instant chat options, enhancing the shopping experience by minimizing wait times and streamlining the delivery process. By not relying on a proprietary fleet, Budbee effectively partners with various logistics providers to cater to the growing demands of online shopping.
Cityblock
Series C in 2020
Cityblock Health is a technology-driven provider focused on meeting the complex health and social needs of Medicaid and Medicare populations. The company delivers a personalized health system that integrates primary care, behavioral health, and social services, partnering with community-based organizations to ensure tailored support for each member. By investing in prevention-oriented care and utilizing technology to enhance coordination and communication, Cityblock aims to improve health outcomes while reducing costs. During the COVID-19 pandemic, the organization developed a model to identify members at high risk, demonstrating its commitment to addressing urgent health challenges within communities.
HungryPanda
Series C in 2020
HungryPanda Limited is a food delivery platform that specializes in providing authentic Chinese cuisine and groceries, primarily serving Chinese communities living abroad. Founded in 2016 and based in Nottingham, United Kingdom, the company operates an online B2C platform accessible through web and mobile applications. HungryPanda lists a variety of Chinese restaurants and supermarkets, allowing customers to place orders and make payments conveniently. The platform is designed with user preferences in mind, ensuring a seamless experience. With a presence in over 60 major cities across countries such as the UK, France, Australia, New Zealand, the US, and Canada, HungryPanda has established itself as a global leader in its niche. The company's success is attributed to its strong operational efficiency, specialized focus on the needs of overseas Chinese, and an effective distribution system that enhances its food and retail ecosystem.
Joint Academy
Series B in 2020
Joint Academy is a digital health platform that specializes in providing evidence-based online treatments for chronic joint and back pain, particularly osteoarthritis. The platform connects patients with licensed physical therapists, offering personalized exercise plans and interactive educational resources through a user-friendly app. This approach enables patients to receive individualized care and track their progress effectively. Clinical studies have demonstrated that patients using Joint Academy experience significant reductions in pain, altered perceptions about the necessity of surgery, and decreased reliance on painkillers. The service is currently accessible to patients in multiple countries, including Sweden, the United States, the United Kingdom, France, and Germany.
Common Living
Series D in 2020
Common Living Inc., founded in October 2015 and headquartered in New York, operates co-living facilities designed to foster community and convenience in residential living. The company offers affordable housing solutions that emphasize beautiful spaces and a friendly atmosphere, catering to individuals seeking a collaborative living experience. By focusing on reducing the challenges associated with traditional housing, Common Living aims to create an environment where residents can thrive and connect with one another.
Omio
Venture Round in 2020
Omio is a travel platform founded in 2012 and headquartered in Berlin, Germany. It enables users to compare, plan, and book various modes of transportation, including trains, buses, and flights. The platform features a multi-mode search tool that pulls data from diverse sources to suggest optimal travel routes and nearby airports, allowing users to visualize and compare options based on cost and travel time. Omio focuses on long-distance travel planning, providing real-time price comparisons and booking capabilities tailored to individual preferences for dates and locations. The service caters to travel enthusiasts seeking a simple, flexible, and personalized way to organize their journeys.
Cityblock
Series B in 2020
Cityblock Health is a technology-driven provider focused on meeting the complex health and social needs of Medicaid and Medicare populations. The company delivers a personalized health system that integrates primary care, behavioral health, and social services, partnering with community-based organizations to ensure tailored support for each member. By investing in prevention-oriented care and utilizing technology to enhance coordination and communication, Cityblock aims to improve health outcomes while reducing costs. During the COVID-19 pandemic, the organization developed a model to identify members at high risk, demonstrating its commitment to addressing urgent health challenges within communities.
VillageMD
Corporate Round in 2020
VillageMD is a healthcare management services company focused on supporting primary care physicians. Founded in 2013 and headquartered in Chicago, Illinois, the company provides a comprehensive platform that includes tools, technology, operations, and staffing support. It collaborates with physician groups, independent practice associations, and health systems to enhance quality of care, improve patient experiences, and reduce costs. VillageMD's services encompass management, clinical innovation, analytics, and value-based contract negotiation, enabling healthcare providers to achieve better clinical outcomes across various populations. The company operates in multiple markets, including Chicago, Georgia, Houston, Indianapolis, Kentucky, Michigan, New Hampshire, and Austin.
Budbee
Series B in 2020
Budbee AB, founded in 2015 and based in Stockholm, Sweden, operates an online marketplace that connects distribution companies with businesses needing to deliver items to consumers. The company specializes in last-mile logistics for e-commerce, focusing on customer satisfaction and operational efficiency. Budbee's services include detailed tracking information and instant chat options, enhancing the shopping experience by minimizing wait times and streamlining the delivery process. By not relying on a proprietary fleet, Budbee effectively partners with various logistics providers to cater to the growing demands of online shopping.
Cedar
Series C in 2020
Cedar is a patient payment and engagement platform for hospitals, health systems, and medical groups that elevate the end-to-end patient experience. The platform leverages advanced data science to customize and simplify the payment experience, resulting in a modern, consumer-friendly way for patients to plan for and pay their bills. It was founded in 2016 and headquartered in New York, United States.
Mathem
Venture Round in 2020
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.
VillageMD
Series B in 2019
VillageMD is a healthcare management services company focused on supporting primary care physicians. Founded in 2013 and headquartered in Chicago, Illinois, the company provides a comprehensive platform that includes tools, technology, operations, and staffing support. It collaborates with physician groups, independent practice associations, and health systems to enhance quality of care, improve patient experiences, and reduce costs. VillageMD's services encompass management, clinical innovation, analytics, and value-based contract negotiation, enabling healthcare providers to achieve better clinical outcomes across various populations. The company operates in multiple markets, including Chicago, Georgia, Houston, Indianapolis, Kentucky, Michigan, New Hampshire, and Austin.
Babylon
Series C in 2019
Babylon is a digital-first, value-based care company. Founded in 2013, it aims to make high-quality healthcare accessible and affordable for everyone on Earth. It reengineers the global healthcare market to better align system-wide incentives and to shift the focus from reactive sick care to preventative healthcare, resulting in better member health, improved member experience and reduced costs. To achieve this goal, it leverages its highly scalable, digital-first platform combined with high quality clinical operations and affiliated provider networks to provide an integrated, end-to-end healthcare solution.
TravelPerk
Series C in 2019
TravelPerk is a comprehensive platform designed to streamline business travel management by consolidating booking, reporting, and support into a single solution. The platform offers a diverse selection of travel options, including flights, hotels, and car rentals, which allows users to book their travel easily while adhering to company policies. It features an automated system that integrates customer service, reporting tools, and expense management capabilities, enabling organizations to oversee their travel arrangements effectively. Additionally, TravelPerk's technology facilitates the enforcement of travel policies, cost control, and data analysis, ultimately simplifying the travel planning process for businesses and their employees.
Pleo
Series B in 2019
Pleo is a Copenhagen-based company founded in 2015 by Jeppe Rindom and Niccolo Perra, dedicated to transforming business spending for modern teams. The company offers an all-in-one platform designed to simplify the expense management process. Its innovative solution includes smart company cards and a user-friendly mobile application that automatically matches receipts and tracks spending in real-time. Pleo's platform eliminates the need for traditional expense reports and streamlines bookkeeping tasks by integrating directly with accounting software, providing businesses with comprehensive visibility and control over their expenditures. By focusing on making employees feel valued at work, Pleo aims to enhance the overall experience of managing business spending.
Oda
Convertible Note in 2019
Oda, formerly known as Kolonial.no AS, is a prominent online grocery retailer based in Oslo, Norway. Founded in 2013, the company specializes in providing a wide array of grocery items, including fresh produce, dairy products, meats, seafood, baked goods, household essentials, and personal care items. Oda employs a data-driven approach to enhance efficiency and sustainability throughout its supply chain, aiming to deliver high-quality products directly to customers' doorsteps or designated collection points. The platform caters to millions of consumers, ensuring convenient access to everyday staples and ready-made meals while emphasizing a commitment to sustainable retail practices.
Budbee
Series A in 2019
Budbee AB, founded in 2015 and based in Stockholm, Sweden, operates an online marketplace that connects distribution companies with businesses needing to deliver items to consumers. The company specializes in last-mile logistics for e-commerce, focusing on customer satisfaction and operational efficiency. Budbee's services include detailed tracking information and instant chat options, enhancing the shopping experience by minimizing wait times and streamlining the delivery process. By not relying on a proprietary fleet, Budbee effectively partners with various logistics providers to cater to the growing demands of online shopping.
MoveByBike
Venture Round in 2019
MoveByBike is a Swedish cargo bike delivery company specializing in environmentally friendly transport and logistics. Operating in cities such as Malmö, Stockholm, Lund, Umeå, Uppsala, and Gothenburg, the company provides an innovative solution for moving goods by bicycle, capable of carrying loads up to 300 kg or 3 m³. MoveByBike focuses on offering flexible, fast, and cost-effective delivery services, allowing recipients to choose the timing and location of their deliveries. Through its complete infrastructure for bicycle logistics, the company aims to promote sustainable urban transport while reducing the environmental impact associated with traditional delivery methods.
Mathem
Venture Round in 2019
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.
Omio
Series D in 2018
Omio is a travel platform founded in 2012 and headquartered in Berlin, Germany. It enables users to compare, plan, and book various modes of transportation, including trains, buses, and flights. The platform features a multi-mode search tool that pulls data from diverse sources to suggest optimal travel routes and nearby airports, allowing users to visualize and compare options based on cost and travel time. Omio focuses on long-distance travel planning, providing real-time price comparisons and booking capabilities tailored to individual preferences for dates and locations. The service caters to travel enthusiasts seeking a simple, flexible, and personalized way to organize their journeys.
TravelPerk
Series C in 2018
TravelPerk is a comprehensive platform designed to streamline business travel management by consolidating booking, reporting, and support into a single solution. The platform offers a diverse selection of travel options, including flights, hotels, and car rentals, which allows users to book their travel easily while adhering to company policies. It features an automated system that integrates customer service, reporting tools, and expense management capabilities, enabling organizations to oversee their travel arrangements effectively. Additionally, TravelPerk's technology facilitates the enforcement of travel policies, cost control, and data analysis, ultimately simplifying the travel planning process for businesses and their employees.
Bread
Venture Round in 2018
Bread is a financial technology company that partners with retailers to provide pay-over-time financing solutions. Founded in 2014 and based in New York, the company leverages technology to create a consumer-friendly credit experience that emphasizes accessibility, transparency, and ease of use. By integrating financing options into the e-commerce journey, Bread enables merchants to offer their customers clear and straightforward payment alternatives. This approach not only enhances consumer access to products but also helps merchants increase sales by improving conversion rates and average order values.
Monese
Series B in 2018
Monese Ltd. is a digital banking alternative founded in 2015 and based in London, United Kingdom. The company offers a mobile-only platform that provides users with a multi-currency account, enabling them to manage their finances efficiently. Monese allows clients to open current accounts quickly, without the credit checks or residency requirements typical of traditional banks. Its services include online banking, local and international payments, and the issuance of debit cards for purchases and cash withdrawals both domestically and internationally. The platform is designed to deliver a fully localized banking experience, encompassing both its applications and customer service, making it accessible for users seeking to shop online, receive salaries, and make purchases seamlessly.
Oda
Venture Round in 2018
Oda, formerly known as Kolonial.no AS, is a prominent online grocery retailer based in Oslo, Norway. Founded in 2013, the company specializes in providing a wide array of grocery items, including fresh produce, dairy products, meats, seafood, baked goods, household essentials, and personal care items. Oda employs a data-driven approach to enhance efficiency and sustainability throughout its supply chain, aiming to deliver high-quality products directly to customers' doorsteps or designated collection points. The platform caters to millions of consumers, ensuring convenient access to everyday staples and ready-made meals while emphasizing a commitment to sustainable retail practices.
Karma
Series A in 2018
Karma develops an application that helps restaurants, grocers and cafés reduce their food waste by selling their surplus to consumers at reduced prices. Its application serves as a sales channel via which merchants offer take away food items to registered users. Elsa Bernadotte, Mattis Larsson, Hjalmar Nordegren, Ludvig Berling, and Steven van Wel founded Karma on September 1, 2015. Its headquarters is in Stockholm in Sweden.
Deposit Solutions
Private Equity Round in 2018
Deposit Solutions GmbH, founded in 2011 and based in Hamburg, Germany, specializes in developing an open banking platform that connects banks and depositors across Europe. The company's innovative platform allows banks to offer third-party deposit products to their customers through existing accounts. This enables depositors to access competitive deposit offers without needing to open new accounts at different banks. By facilitating this connection, Deposit Solutions helps banks attract deposits from new markets and client groups, allowing them to enhance their funding options without the need to establish and manage their own retail infrastructure.
Cedar
Series B in 2018
Cedar is a patient payment and engagement platform for hospitals, health systems, and medical groups that elevate the end-to-end patient experience. The platform leverages advanced data science to customize and simplify the payment experience, resulting in a modern, consumer-friendly way for patients to plan for and pay their bills. It was founded in 2016 and headquartered in New York, United States.
Pleo
Series A in 2018
Pleo is a Copenhagen-based company founded in 2015 by Jeppe Rindom and Niccolo Perra, dedicated to transforming business spending for modern teams. The company offers an all-in-one platform designed to simplify the expense management process. Its innovative solution includes smart company cards and a user-friendly mobile application that automatically matches receipts and tracks spending in real-time. Pleo's platform eliminates the need for traditional expense reports and streamlines bookkeeping tasks by integrating directly with accounting software, providing businesses with comprehensive visibility and control over their expenditures. By focusing on making employees feel valued at work, Pleo aims to enhance the overall experience of managing business spending.
Budbee
Series A in 2018
Budbee AB, founded in 2015 and based in Stockholm, Sweden, operates an online marketplace that connects distribution companies with businesses needing to deliver items to consumers. The company specializes in last-mile logistics for e-commerce, focusing on customer satisfaction and operational efficiency. Budbee's services include detailed tracking information and instant chat options, enhancing the shopping experience by minimizing wait times and streamlining the delivery process. By not relying on a proprietary fleet, Budbee effectively partners with various logistics providers to cater to the growing demands of online shopping.
Livongo
Series E in 2018
Livongo Health, Inc. is a consumer digital health company that specializes in providing an integrated suite of solutions for individuals managing chronic conditions, particularly diabetes. Established in 2008 and headquartered in Mountain View, California, Livongo utilizes real-time data capture and analytics to promote health behavior change through its platform, which includes cellular-connected devices, supplies, coaching, and insights driven by data science. Its product offerings encompass Livongo for diabetes, hypertension, prediabetes and weight management, and behavioral health through its myStrength platform. The company serves a diverse client base, including employers, health plans, government entities, and labor unions, primarily within the United States. Livongo aims to enhance the experience of individuals with chronic conditions by providing timely, personalized support and information, ultimately leading to improved health outcomes. In 2020, Livongo became a subsidiary of Teladoc Health, Inc.
BIMA
Series D in 2017
BIMA offers a range of healthcare services, including telemedicine, health screening, and personalized health programs. The company aims to make healthcare accessible and affordable in emerging markets by leveraging technology. BIMA's vision focuses on empowering individuals to take control of their health while providing comprehensive insurance options.
Betterment
Series E in 2017
Betterment LLC is an online financial advisory firm based in New York, founded in 2007. The company specializes in automated investing services that help individuals manage their finances through a customized and diversified portfolio. Betterment offers a range of investment options, including traditional and Roth IRAs, 401(k) accounts, and trust accounts, all of which are designed to optimize investment returns. Its services also include financial and retirement planning, tax loss harvesting, and cash management tools, such as the Two-Way Sweep feature. Betterment caters to various customer segments, including individual investors, businesses through Betterment for Business, and financial advisors via Betterment for Advisors. The firm charges a management fee for its services and focuses on providing personalized, goal-based investing solutions to enhance clients' long-term financial success.
Com Hem
Post in 2017
Com Hem is the largest cable company in Sweden, providing a range of services that include television, broadband, and telephone solutions for both individuals and businesses. Founded in 1983 and headquartered in Stockholm, Com Hem operates through two main segments: Com Hem and Boxer, the latter being an acquired business. The company is known for its affordable, high-quality offerings and has distinguished itself in the market by delivering the TiVo TV service, which enables customers to access television content via mobile devices through the TiVoToGo app. Com Hem also engages in network operations by contracting telecom services directly with landlords, facilitating communication and maintenance for property owners. With approximately 950 employees, Com Hem generates the majority of its revenue within Sweden.
Babylon
Series B in 2017
Babylon is a digital-first, value-based care company. Founded in 2013, it aims to make high-quality healthcare accessible and affordable for everyone on Earth. It reengineers the global healthcare market to better align system-wide incentives and to shift the focus from reactive sick care to preventative healthcare, resulting in better member health, improved member experience and reduced costs. To achieve this goal, it leverages its highly scalable, digital-first platform combined with high quality clinical operations and affiliated provider networks to provide an integrated, end-to-end healthcare solution.
Livongo
Series D in 2017
Livongo Health, Inc. is a consumer digital health company that specializes in providing an integrated suite of solutions for individuals managing chronic conditions, particularly diabetes. Established in 2008 and headquartered in Mountain View, California, Livongo utilizes real-time data capture and analytics to promote health behavior change through its platform, which includes cellular-connected devices, supplies, coaching, and insights driven by data science. Its product offerings encompass Livongo for diabetes, hypertension, prediabetes and weight management, and behavioral health through its myStrength platform. The company serves a diverse client base, including employers, health plans, government entities, and labor unions, primarily within the United States. Livongo aims to enhance the experience of individuals with chronic conditions by providing timely, personalized support and information, ultimately leading to improved health outcomes. In 2020, Livongo became a subsidiary of Teladoc Health, Inc.
Linio
Private Equity Round in 2016
Linio is an e-commerce company based in Mexico City, founded in 2012, that operates an online marketplace offering a diverse range of products. The company's inventory includes home electronics, technology items, mobile phones, entertainment products, home appliances, fashion, sporting goods, toys, books, and personal care items. Linio serves some of the fastest growing markets in Latin America, with operations in Mexico, Colombia, Peru, and Venezuela. As a subsidiary of Falabella S.A. since 2018, Linio aims to provide consumers with a wide selection of goods at competitive prices, featuring attractive deals and discounts.
Westwing
Convertible Note in 2016
Westwing GmbH is an e-commerce platform based in Munich, Germany, specializing in the online sale of home furniture and accessories. Founded in 2011, the company operates a shoppable magazine and an online shopping club that features a diverse range of products, including furniture, textiles, lighting, and home decor items. Its offerings cater to various living spaces, such as bedrooms, living rooms, kitchens, and outdoor areas. Westwing serves both the DACH region, which includes Germany, Austria, and Switzerland, as well as several international markets, including Belgium, the Czech Republic, France, Italy, the Netherlands, Poland, Spain, and Slovakia. The company is a subsidiary of Westwing Group AG and is committed to providing a curated shopping experience for home and living enthusiasts.
Bedbathmore.com
Venture Round in 2016
BedBathMore provides the best bedsheet collection in India. Products of high quality delivered to your doorstep. Check it out and find something for your home.
Global Fashion Group
Venture Round in 2016
Global Fashion Group S.A. is an e-commerce platform specializing in fashion and lifestyle markets across the Asia Pacific, Latin America, and the Commonwealth of Independent States. Founded in 2011 and headquartered in Senningerberg, Luxembourg, the company operates several prominent online brands, including The Iconic, Zalora, Dafiti, and Lamoda. It offers a diverse range of products, including fashion, sports, lifestyle, and premium collections, catering to evolving consumer preferences. By providing a seamless online shopping experience, Global Fashion Group enables brands to enter and thrive in emerging markets. The majority of its revenue is generated from its operations in Australia and New Zealand, particularly through The Iconic brand. In addition to e-commerce, the company also offers various services, including consultancy, IT support, and marketing solutions, enhancing its comprehensive approach to the fashion retail sector.
Home24
Venture Round in 2016
Home24 SE is a prominent retailer specializing in the marketing, sale, and distribution of a wide range of furniture and home furnishings. Founded in 2009 by Christoph Cordes, Felix Jahn, Marc Appelhoff, and Philipp Kreibohm, the company offers a diverse selection of products, including large furniture items such as sofas, tables, and beds, as well as smaller items like lighting, decorations, and storage solutions. Home24 operates under various brand names, including Home24, Mobly, and Ars Manufacti. The company serves customers through a combination of seven showrooms located in Germany and Austria, alongside its robust online platform, which is accessible via websites and mobile applications. Home24 has a significant presence in several European countries, including France, Italy, and the Netherlands, and it also operates in Brazil, with the majority of its revenue generated from its European segment. The company's headquarters is located in Berlin, Germany.
Betterment
Series E in 2016
Betterment LLC is an online financial advisory firm based in New York, founded in 2007. The company specializes in automated investing services that help individuals manage their finances through a customized and diversified portfolio. Betterment offers a range of investment options, including traditional and Roth IRAs, 401(k) accounts, and trust accounts, all of which are designed to optimize investment returns. Its services also include financial and retirement planning, tax loss harvesting, and cash management tools, such as the Two-Way Sweep feature. Betterment caters to various customer segments, including individual investors, businesses through Betterment for Business, and financial advisors via Betterment for Advisors. The firm charges a management fee for its services and focuses on providing personalized, goal-based investing solutions to enhance clients' long-term financial success.
IROKOtv
Series E in 2016
iROKOtv is a prominent web platform that offers on-demand streaming of Nigerian films, making it the largest legal distributor of Nollywood content. With a diverse library exceeding 5,000 films, iROKOtv provides both free and paid viewing options to its users, who can easily register using their email or through social media platforms. The service aims to enhance the accessibility of Nollywood movies, catering to audiences across Africa. iROKOtv collaborates with notable figures in the Nollywood industry to promote its content and reach a wider audience, thus contributing to the growth and recognition of Nigerian cinema on a global scale.
Babylon
Series A in 2016
Babylon is a digital-first, value-based care company. Founded in 2013, it aims to make high-quality healthcare accessible and affordable for everyone on Earth. It reengineers the global healthcare market to better align system-wide incentives and to shift the focus from reactive sick care to preventative healthcare, resulting in better member health, improved member experience and reduced costs. To achieve this goal, it leverages its highly scalable, digital-first platform combined with high quality clinical operations and affiliated provider networks to provide an integrated, end-to-end healthcare solution.
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