Nordic Eye Venture Capital

Nordic Eye Venture Capital is a Danish venture capital firm with offices in Copenhagen, Zurich, London and San Francisco. It invests in Nordic early-growth technology and lifestyle companies that have global growth potential. The firm provides hands-on support and strategic guidance to help portfolio companies pursue exits within about five years.

Mandeep Arora

Investment Manager and Partner

Ib Drachmann

Investment Manager

Mads Mønster

Investment Associate

Camilla Molina Nysum

Investment Associate

Simon Starup

Investment Associate

33 past transactions

Govly

Series A in 2023
Govly is a software platform that connects businesses with government contracting opportunities. It aggregates real-time, non-public contract feeds, allowing companies to monitor, curate, and analyze federal procurement data. Govly streamlines the bidding process from discovery to award, empowering businesses to focus on high-potential opportunities.

Freightify

Series A in 2023
Freightify is a digital logistics platform that automates rate procurement, administration, and quote operations for freight forwarders. The platform digitizes the end-to-end process of procuring rates, managing quotes, and booking shipments, enabling faster decision-making and execution. It also provides track-and-trace capabilities with real-time vessel locations and automatic milestones, enhancing shipment visibility. By streamlining sales and operations, Freightify helps freight forwarders reduce internal inefficiencies and shorten the quote-to-book cycle.

Provenance

Venture Round in 2022
Provenance is a technology company that specializes in promoting sustainability and transparency in the consumer goods industry. It operates a platform that validates and communicates the sustainability credentials of consumer packaged goods (CPG) brands, enabling consumers to make informed, eco-friendly purchasing decisions. The platform tracks products from their origin to the point of sale, providing real-time, verifiable data that enhances brand trust and sales. Over 200 leading CPG businesses, including Cult Beauty, The Ordinary, and Shiseido, use Provenance to showcase their sustainability efforts. As a mission-driven, independent B Corp, Provenance aims to empower consumers to make choices that positively impact both people and the planet.

57hours

Seed Round in 2022
57hours is a platform that connects adventure seekers with experienced, local guides for various outdoor activities such as rock climbing, hiking, and skiing. Founded by tech-driven outdoor enthusiasts, the company aims to make it easy for anyone to enjoy guided adventures throughout the US and select international destinations.

Underlining

Seed Round in 2022
Underlining is a cosmetics company that offers premium, cruelty-free beauty and wellness products under its flagship brands Nailboo, HIDE, and TatBrow. Their product range includes eyebrow, nail, and skincare items, aiming to enhance consumers' beauty while maintaining skin health.

Zight

Series A in 2022
Zight is a leading solution for asynchronous visual communication, serving over 4 million users. It streamlines collaboration by combining screenshots, GIFs, screen recordings, and web recordings into one easy-to-use platform. Zight enhances internal and external team communication, reducing misunderstandings, saving time, and minimizing unnecessary meetings.

Alpha Paw

Series A in 2021
Alpha Paw is a direct-to-consumer pet brand focused on enhancing the lives of pets and their owners. Understanding that pets are integral members of the family, the company aims to provide dogs and cats with happier, healthier, and longer lives. Alpha Paw operates a proprietary online marketplace that offers a diverse range of products, including dog ramps, consumables, and accessories, all designed to address common pet-related challenges. In addition to its product offerings, the company emphasizes the importance of community engagement through partnerships, volunteering, and events, fostering a more dog-friendly environment. By providing valuable resources and publishing guides, Alpha Paw seeks to empower pet owners to become better caregivers for their furry companions.

Govly

Pre Seed Round in 2021
Govly is a software platform that connects businesses with government contracting opportunities. It aggregates real-time, non-public contract feeds, allowing companies to monitor, curate, and analyze federal procurement data. Govly streamlines the bidding process from discovery to award, empowering businesses to focus on high-potential opportunities.

Cabana

Series A in 2021
Cabana operates a fleet of upscale, custom-made mobile hotel rooms designed to provide travelers with flexibility and comfort. Utilizing 2019 Ford Transit vans, the company offers a unique lodging experience that combines luxury amenities with the freedom to travel anywhere. Each mobile hotel room is thoughtfully designed with high-quality features such as a comfortable bed, ample storage, and a bathroom, all tailored for an optimal stay in a compact space. Cabana enhances the travel experience through its technology-enabled app, which allows users to reserve, check in, and check out of their accommodations without the need for in-person interactions. This approach not only offers the convenience of traditional lodging but also embodies the essence of luxury van life, enabling travelers to enjoy a premium experience on the road.

Zycada

Series B in 2020
Zycada Networks, Inc., established in 2014 and based in Campbell, California, specializes in developing and deploying a bot-driven eCommerce acceleration platform. The company's core product, the Zycada platform, is designed to enhance online shopping experiences by accelerating dynamic content up to 10 times faster. It achieves this by employing Zycada bots that pre-assemble content before it's requested, adapting to real-time network conditions. This technology enables retailers to personalize shopping experiences, leading to higher user engagement and a reported 5%+ revenue gain for customers.

Blue Ocean Robotics

Venture Round in 2019
Blue Ocean Robotics ApS, headquartered in Odense, Denmark, specializes in designing, developing, and commercializing professional service robots. Its portfolio includes the UVD Robot for hospital disinfection, the Multi Tower Robot for patient handling and rehabilitation, and other robots catering to logistics, cleaning, healthcare, education, and more. The company also provides robotic automation solutions, strategic automation roadmaps, and events for the robotic industry. Blue Ocean Robotics serves various sectors, offering its products through sales partners and joint ventures in multiple countries. It operates through subsidiaries in Denmark, Lithuania, Hong Kong, the United States, Sweden, and Germany. Additionally, the company invests in and incubates robotic projects, leading their development and commercialization before potentially selling, licensing, or spinning them out to new subsidiaries or existing companies.

Plecto

Series A in 2019
Plecto enhances employee performance in revenue-critical roles by providing real-time KPI data. Its software integrates with existing systems, offering customizable dashboards accessible across devices. Plecto's gamification and coaching features motivate employees and boost productivity.

ContractZen

Seed Round in 2019
ContractZen is an AI-enabled governance software platform providing integrated solutions for contract management, board meeting management, legal entity management, and secure virtual data rooms. Delivered as a cloud-based software as a service, the platform supports governance, risk, and compliance for small and medium-sized businesses and non-profits by offering metadata-driven contract management with AI-powered OCR, dynamic filtering, and automated reminders; an all-digital meeting portal for scheduling, material distribution, minutes, and task tracking; up-to-date entity management across subsidiaries; secure virtual data rooms that streamline transactions; and built-in e-signature options. An optional AI assistant leverages Azure OpenAI to aid in contract analysis and governance tasks, securely accessible within the ContractZen account. The solution is designed for quick deployment without heavy consulting and integrates with leading e-signature services, making it adaptable as organizational needs evolve.

Donkey Republic

Venture Round in 2019
Donkey Republic is an online platform specializing in bike-sharing and bike rental services, operating in over ten key cities across Europe. The company collaborates with local partners to manage its locations while utilizing custom-branded bicycles. Its proprietary software is designed with unique features that prioritize respect for public spaces through a hub-centric service model. This approach enhances the predictability of bike availability and convenience for users. Donkey Republic emphasizes service innovation as a core aspect of its business strategy.

LuggageHero

Venture Round in 2019
LuggageHero offers self-service luggage storage through its platform. It partners with local shops and hotels in major cities worldwide, allowing travelers to safely store their luggage at affordable prices.

Blue Ocean Robotics

Venture Round in 2018
Blue Ocean Robotics ApS, headquartered in Odense, Denmark, specializes in designing, developing, and commercializing professional service robots. Its portfolio includes the UVD Robot for hospital disinfection, the Multi Tower Robot for patient handling and rehabilitation, and other robots catering to logistics, cleaning, healthcare, education, and more. The company also provides robotic automation solutions, strategic automation roadmaps, and events for the robotic industry. Blue Ocean Robotics serves various sectors, offering its products through sales partners and joint ventures in multiple countries. It operates through subsidiaries in Denmark, Lithuania, Hong Kong, the United States, Sweden, and Germany. Additionally, the company invests in and incubates robotic projects, leading their development and commercialization before potentially selling, licensing, or spinning them out to new subsidiaries or existing companies.

Exploring Your Potential

Series A in 2018
Exploring Your Potential (EYP) is a career readiness program designed for young adults, aiming to inspire them to proactively shape their future careers. The company offers an online learning platform comprising four courses: identifying personal talents, passions, and goals; crafting a unique value proposition; learning self-marketing strategies; and implementing career plans. EYP equips students with insights typically gained over a lifetime, such as articulating personal value, building compelling social media profiles, and navigating entrepreneurial paths. By partnering with academic institutions, EYP enhances existing career-preparedness resources, demonstrating significant improvements in students' career readiness through its usage at various universities.

Iguama

Series A in 2018
Iguama Group, Inc. is an e-commerce platform based in Guatemala City that operates a cross-border shopping club, enabling Latin American consumers to purchase high-quality U.S. brands at competitive prices. Founded in 2014, Iguama facilitates access for U.S. merchants to the Latin American market, addressing their concerns and providing insights to help them succeed in the region. By connecting consumers with U.S. stores, Iguama plays a vital role in expanding the reach of American products to a broader audience in Latin America.

Zliide

Seed Round in 2018
Zliide is a retail technology company that aims to enhance the physical shopping experience. It offers an intelligent self-checkout system featuring anti-theft tags that unlock upon payment, reducing checkout lines and staff time at POS systems. This allows staff to better assist customers on the sales floor and provides retailers with real-time inventory management, customer behavior insights, and in-store statistics.

Boatsetter

Series A in 2018
Boatsetter is a peer-to-peer boat rental platform that connects boat owners and captains with individuals seeking water experiences, regardless of their boating expertise. The company addresses the underutilization of privately owned vessels by facilitating boat rentals, thus allowing owners to monetize their investments. Boatsetter combines elements from successful collaborative market models like those of home and car rental services to innovate within the marine industry. The platform offers both short and long-term charter services, along with real-time customer support and insurance coverage. By establishing partnerships with a national network of marine-industry businesses, Boatsetter aims to enhance its service offerings and expand its reach across the U.S.

CarBlip

Series A in 2018
CarBlip is an on-demand car buying and leasing platform that offers a personalized experience for customers looking to purchase or lease vehicles. Utilizing the CarBlip Configurator, customers can customize their ideal car according to their preferences. The platform connects users with dedicated concierges who assist throughout the entire process, from negotiation to delivery, ensuring a seamless experience. CarBlip aims to address the common challenges associated with car buying by providing a comprehensive solution that includes new car purchases, financing options, aftermarket upgrades, insurance, trade-ins, and door-to-door delivery. The service enables buyers to search for cars and negotiate directly with dealers, helping them save costs by eliminating the need for middlemen.

CarBlip

Seed Round in 2018
CarBlip is an on-demand car buying and leasing platform that offers a personalized experience for customers looking to purchase or lease vehicles. Utilizing the CarBlip Configurator, customers can customize their ideal car according to their preferences. The platform connects users with dedicated concierges who assist throughout the entire process, from negotiation to delivery, ensuring a seamless experience. CarBlip aims to address the common challenges associated with car buying by providing a comprehensive solution that includes new car purchases, financing options, aftermarket upgrades, insurance, trade-ins, and door-to-door delivery. The service enables buyers to search for cars and negotiate directly with dealers, helping them save costs by eliminating the need for middlemen.

Bellabeat

Venture Round in 2018
Bellabeat, Inc. is a company that specializes in developing technology-driven wellness products specifically designed for women. Founded in 2014 and based in San Francisco, Bellabeat offers a range of products that include wearables like the Leaf and Ivy, which facilitate tracking of health metrics such as sleep, activity, and reproductive health. These devices empower women to monitor their overall well-being throughout various stages of life, thereby promoting a holistic approach to health. In addition to its product offerings, Bellabeat operates a research platform that enables users to assess wellness techniques and products, share encrypted data, and receive personalized insights. The company has gained recognition for its stylish designs and has successfully expanded into international markets, positioning itself as a leading brand in the wellness sector focused on women's health. Bellabeat's commitment to innovation has sparked industry conversations about the importance of tailored health solutions for women.

Coinify

Series A in 2017
Coinify is an international fintech company that specializes in cryptocurrency payment and trading solutions. Active in over 180 countries, Coinify offers a platform that facilitates blockchain currency trading and payment processing services. The company's infrastructure is trusted by leading wallets, websites, and applications, enabling them to accept cryptocurrency payments and mitigate fraud. Through its platform, users can buy bitcoin as an investment or utilize digital currencies to purchase goods and services from a growing network of retailers worldwide. Additionally, Coinify provides instant conversions, allowing customers to receive payouts in their local currency. The company aims to promote the widespread adoption of digital currencies.

Tattoodo

Venture Round in 2017
Tattoodo is a content provider and community platform focused on tattoo culture and lifestyle. It functions as a digital lifestyle hub and a social marketplace for tattoo designs, helping users find inspiration, discover artists and studios, access guides, and book tattoo appointments. The platform delivers relevant content and services to the global tattoo community and reaches a large audience, including around 20 million monthly users.

AirHelp

Venture Round in 2017
AirHelp is a global organization dedicated to enhancing passengers' rights and travel experiences. Established in 2013, it operates 24/7 in 18 languages, assisting millions of travelers annually. AirHelp specializes in securing compensation for flight disruptions, offering subscription-based disruption coverage and parametric travel insurance. With headquarters in Berlin and additional offices across Europe and South America, the company supports passengers worldwide.

Organic Basics

Pre Seed Round in 2017
Organic Basics ApS is a sustainable apparel company based in Aarhus, Denmark, founded in 2015. The company specializes in designing and manufacturing undergarments, t-shirts, socks, and boxers for both men and women, utilizing organic cotton and recycled materials. In addition to its core clothing line, Organic Basics also offers accessories such as toothbrushes, water bottles, enamel mugs, tote bags, and gift vouchers, all available through its online platform. Committed to addressing the environmental impact of the fashion industry, Organic Basics aims to provide eco-friendly alternatives and promote responsible living, fostering a community that values sustainability and environmental activism.

WebLife Balance

Series A in 2017
WebLife Balance Inc. is a cybersecurity company based in Los Angeles, California, founded in 2013. It specializes in providing browser isolation solutions that facilitate anonymous and secure web browsing for employees by proxying their activities through a protected container within WebLife’s off-premise network. This cloud-based service creates a separate space for personal browsing, allowing employees to maintain their right to privacy while addressing critical legal, HR, and IT challenges associated with internet use in the workplace. By securely separating personal and business web activities, WebLife helps organizations enhance their security posture, reduce liability, and comply with global privacy regulations. The company aims to improve employee policy compliance and mitigate risks associated with harmful online content, thereby ensuring a safer browsing experience. As of November 30, 2017, WebLife operates as a subsidiary of Proofpoint, Inc.

Hyphen Group

Series B in 2017
Hyphen Group operates CompareAsiaGroup, a prominent personal finance management platform in Asia. Established in 2013 and headquartered in Hong Kong, CompareAsiaGroup provides users with free and independent online tools to compare a wide range of financial products, including banking, insurance, credit cards, and personal loans. The platform partners with leading financial institutions across the region, enabling users to evaluate over 2,500 products. With a workforce of over 250 employees, CompareAsiaGroup has a significant presence in multiple countries, including Hong Kong, Malaysia, the Philippines, Singapore, Taiwan, and Thailand. The Group's mission is to empower individuals to save money and make informed financial decisions through its comprehensive comparison services.

BLUETOWN

Series A in 2017
BLUETOWN is a provider of wireless communication services focused on connecting underserved rural areas around the globe. The company has developed a sustainable and low-cost technology solution that includes the installation of solar power panels and Wi-Fi masts to create internet hotspots in remote villages. This innovative approach enables individuals in challenging geographical and climatic conditions, as well as those with limited or no access to power, to obtain reliable internet and communication services. By addressing the connectivity gap, BLUETOWN aims to foster growth and improve the standard of living in these communities.

Jellynote

Seed Round in 2017
Jellynote operates as an online platform dedicated to connecting and educating over 1 million aspiring musicians worldwide. It offers a vast library of over 400,000 songs, accessible via original video content, sheets, tabs, chords, and instrument-specific views. The platform's proprietary AI technology delivers intuitive learning experiences through artist masterclasses, tutorials, and interactive game modes. Jellynote generates revenue through premium subscriptions and advertisements, fostering a community where users can share their musical tastes and connect with one another across diverse instruments and genres. Available on smartphones and desktops, the platform aims to unite musicians globally, demonstrating music's power to bridge divides in an increasingly fragmented world.

Donkey Republic

Convertible Note in 2017
Donkey Republic is an online platform specializing in bike-sharing and bike rental services, operating in over ten key cities across Europe. The company collaborates with local partners to manage its locations while utilizing custom-branded bicycles. Its proprietary software is designed with unique features that prioritize respect for public spaces through a hub-centric service model. This approach enhances the predictability of bike availability and convenience for users. Donkey Republic emphasizes service innovation as a core aspect of its business strategy.

Tattoodo

Venture Round in 2016
Tattoodo is a content provider and community platform focused on tattoo culture and lifestyle. It functions as a digital lifestyle hub and a social marketplace for tattoo designs, helping users find inspiration, discover artists and studios, access guides, and book tattoo appointments. The platform delivers relevant content and services to the global tattoo community and reaches a large audience, including around 20 million monthly users.
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