Nordic Eye Venture Capital

Nordic Eye Venture Capital, founded in 2016, is a venture capital firm based in Copenhagen, Denmark, with an additional presence in Los Angeles, California. The firm focuses on investing in early-growth companies primarily from the Nordic region, targeting sectors such as technology, software, health and wellbeing, sustainable consumption, lifestyle, and e-commerce. Nordic Eye seeks to partner with companies that demonstrate the potential for global scalability and aims to add value through its expertise, while facilitating favorable exit opportunities within approximately five years.

Mandeep Arora

Investment Manager and Partner

Ib Drachmann-Hansen

Investment Manager and Partner

Nordic Eye

Partner

Philipp Flesch

Investment Associate

Anders Kaasgaard

CEO and Operational Partner

Mads Friis Mønster

Investment Associate

Camilla Molina Nysum

Investment Associate

Simon Nikolaj Starup

Investment Associate

Michael Tandrup

Co-Founder and Partner

Christian Tarp

Partner and Chief Investment Officer

33 past transactions

Provenance

Venture Round in 2022
Provenance operates an online data platform that enhances transparency in the supply chain, enabling brands to share detailed stories about their products and origins. Founded in 2013 and based in London, the company leverages blockchain technology to deliver secure and trustworthy information about product journeys and impacts. Its platform empowers retailers to connect with consumers by providing real-time data on product histories, making this information accessible both online and in-store. By facilitating greater transparency, Provenance helps brands build trust with shoppers, ultimately increasing sales and fostering a more informed consumer base.

Underlining

Seed Round in 2022
Operator of a makeup and skincare brand intended to focus on providing cruelty-free cosmetic products to its consumers. The company's offerings include eyebrow, nail, and skincare products, enabling consumers to maintain beauty while keeping their skin healthy.

CloudApp

Series A in 2022
CloudApp is a visual sharing platform designed to enhance communication through the use of short videos, GIFs, and visuals, including annotated screenshots and images. By allowing users to record, host, and share these visual elements, CloudApp streamlines team and customer interactions, making conversations more efficient and reducing the likelihood of miscommunication. The platform aims to facilitate collaboration by providing tools that enable users to convey messages clearly and succinctly, ultimately improving the overall effectiveness of team discussions.

Alpha Paw

Series A in 2021
Alpha Paw is a direct-to-consumer pet brand focused on enhancing the quality of life for dogs and cats. The company operates a proprietary online marketplace that offers a diverse range of products, including dog ramps, consumables, and accessories, aimed at addressing various pet-related needs. With a mission to support pet lovers in providing happier, healthier, and longer lives for their pets, Alpha Paw emphasizes partnerships, volunteering, and community events. Additionally, the company publishes guides and connects pet owners with valuable resources to improve their pet care skills, reflecting its commitment to fostering a more dog-friendly environment.

Govly

Pre Seed Round in 2021
Govly is building a market network for government contracting, like AngelList for government procurement.

ZAR Partners

Seed Round in 2021
ZAR Partners operates FreightBro Logistics Pvt. Ltd., a technology-driven company focused on transforming the international freight forwarding industry. Founded in 2016 and based in Navi Mumbai, India, FreightBro provides innovative software solutions designed to streamline operations for freight forwarders, shippers, and carriers. Its flagship products include FB Forward, which offers comprehensive quote creation, rate management, and business intelligence tools, and FB Ship, a user-friendly portal for booking shipments and managing cargo visibility. By digitizing traditional processes, FreightBro aims to enhance efficiency, improve customer relations, and facilitate better communication within the logistics sector. The company's mission is to modernize freight forwarding by delivering effective tools and support, enabling businesses to operate seamlessly in a digital environment.

ZAR Partners

Seed Round in 2021
ZAR Partners operates FreightBro Logistics Pvt. Ltd., a technology-driven company focused on transforming the international freight forwarding industry. Founded in 2016 and based in Navi Mumbai, India, FreightBro provides innovative software solutions designed to streamline operations for freight forwarders, shippers, and carriers. Its flagship products include FB Forward, which offers comprehensive quote creation, rate management, and business intelligence tools, and FB Ship, a user-friendly portal for booking shipments and managing cargo visibility. By digitizing traditional processes, FreightBro aims to enhance efficiency, improve customer relations, and facilitate better communication within the logistics sector. The company's mission is to modernize freight forwarding by delivering effective tools and support, enabling businesses to operate seamlessly in a digital environment.

Cabana

Series A in 2021
Cabana opens up the flexibility of travel plans so that travelers can book once and go anywhere. The company has built out a fleet of upscale custom-made mobile hotel rooms, using 2019 Ford Transit vans, to give travelers the freedom to travel and sleep where they want and when they want. Every element, from the bed to the storage, to the bathroom to the internet, is designed from the ground up for a tailored and premium experience. Simplified lodging often translates to lower quality, but Cabana has taken the luxurious amenities of a thoughtfully designed suite and outfitted it for a small space. Enabled through tech, Cabana brings travelers digital convenience and peace of mind through contact-free check-in. The app lets travelers reserve, check-in, pick-up, and check-out of their mobile hotel room without having to make a pit stop to the front desk.

Zycada

Series B in 2020
Zycada Networks, Inc. offers an innovative eCommerce acceleration platform designed to enhance the online shopping experience for retailers. Founded in 2014 and based in Campbell, California, Zycada utilizes bot-driven technology to pre-assemble content for users, significantly improving the speed and personalization of digital shopping. As online shoppers increasingly demand rapid and tailored experiences, Zycada addresses this need by enabling retailers to compute and deliver dynamic content more efficiently. The platform adapts to real-time network conditions, ensuring a consistent quality of experience. Retailers leveraging Zycada's technology have reported revenue gains exceeding 5%, highlighting the effectiveness of the platform in boosting customer engagement and overall sales.

Blue Ocean Robotics

Venture Round in 2019
Blue Ocean Robotics is dedicated to developing and commercializing robotic products within the rapidly expanding robotics industry. The company invests in a variety of carefully selected projects, leading their incubation and development phases. Once the robots are ready for market entry, Blue Ocean Robotics focuses on selling, licensing, or spinning out intellectual property and related business assets to new subsidiaries or affiliated startups, as well as to established companies. This strategic approach allows Blue Ocean Robotics to remain closely connected with its spun-out ventures, fostering synergies that enhance commercialization, international sales, and the development of next-generation robots.

Plecto

Series A in 2019
Plecto ApS offers a technology platform designed to enhance sales team performance through improved visibility of targets and real-time performance updates. The platform enables users to visualize individual goals, receive notifications, and focus on positive actions that drive results. Catering primarily to medium to large businesses, Plecto operates in Denmark, Sweden, Holland, and Poland. By providing employees with immediate insights into their performance, the platform fosters an environment that encourages improvement on key performance indicators crucial for revenue generation. Companies can implement Plecto's solutions quickly, with noticeable effects often observed within days. Based in Aarhus, Denmark, Plecto is committed to transforming how organizations manage and motivate their sales teams.

ContractZen

Seed Round in 2019
ContractZen is a cloud-based governance suite that enables organizations to manage contracts, financial documents, and meeting minutes efficiently. Designed for instant use without the need for expensive consulting or lengthy training, ContractZen serves customers in over 30 countries, catering to businesses of all sizes. The platform features advanced tools such as AI-powered search, automated reminders, and integration with email and calendar services. Its capabilities extend to a digital meeting portal that facilitates scheduling, secure material distribution, and electronic signing of meeting minutes. Additionally, ContractZen includes secure Virtual Data Rooms for streamlined document sharing and collaboration. The platform supports leading e-signature solutions, enhancing the process of signing documents electronically. Overall, ContractZen aims to improve corporate governance, risk management, and compliance practices while increasing organizational transparency and resilience.

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.

Donkey Republic

Series A 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 is a luggage storage service that simplifies travel by allowing users to drop off their bags at local shops, retail stores, and hotels in major cities such as New York, London, and Copenhagen. The service is designed for convenience, enabling travelers to easily book and manage their luggage storage through a smartphone application. By eliminating the need to carry luggage around or search for storage lockers, LuggageHero provides a safe, affordable, and accessible solution for those looking to explore city centers without the burden of their belongings. The company continues to expand its network to offer more storage options in various locations.

Blue Ocean Robotics

Venture Round in 2018
Blue Ocean Robotics is dedicated to developing and commercializing robotic products within the rapidly expanding robotics industry. The company invests in a variety of carefully selected projects, leading their incubation and development phases. Once the robots are ready for market entry, Blue Ocean Robotics focuses on selling, licensing, or spinning out intellectual property and related business assets to new subsidiaries or affiliated startups, as well as to established companies. This strategic approach allows Blue Ocean Robotics to remain closely connected with its spun-out ventures, fostering synergies that enhance commercialization, international sales, and the development of next-generation robots.

Exploring Your Potential

Series A in 2018
Exploring Your Potential™ (EYP) is a career readiness program that inspires young adults to take control of their future today by crafting a life and career that’s personally customized to them. This groundbreaking program is organized into four courses in which students identify their talents, passions, and goals; create a value proposition that reflects who they are; learn how to market themselves; and put their career plan into action. Students are motivated to think outside the box and create their own definition of success. Exploring your Potential helps academic institutions augment the career-preparedness resources they currently offer. Usage of Exploring your Potential at numerous universities has demonstrated a highly significant improvement in students’ career readiness. EYP teaches insights that take successful people a lifetime to learn, including how to articulate the value you have to offer, get paid for your work, create the most compelling social media profiles, build an income around your lifestyle, figure out what’s in the way of your success, decide if a more entrepreneurial route makes sense for you, and identify the people most likely to help you find your next job or position.

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 Technologies ApS is a Danish company established in 2016 that focuses on enhancing the retail shopping experience through its innovative mobile app and anti-theft solution. The app enables users to purchase and pay for clothing seamlessly, both inside and outside of retail stores. A key feature of Zliide's offering is the Zliide-tag, which automatically unlocks after payment is completed, effectively streamlining the checkout process. This technology aims to eliminate long lines and reduce the time staff spend on point-of-sale transactions, allowing them to provide better customer service on the sales floor. Additionally, Zliide offers retailers valuable insights into customer behavior, inventory management, and product interactions in real time, supporting informed decision-making and personalized customer recommendations.

Boatsetter

Series A in 2018
Boatsetter operates a peer-to-peer boat rental platform that connects boat owners, captains, and individuals seeking water-based experiences. The platform facilitates both short and long-term boat charters and rentals, making boating accessible to users regardless of their experience level. By unlocking the idle capacity of privately owned vessels, Boatsetter allows owners to monetize their boats while providing renters with a range of options. The company emphasizes customer support and offers insurance coverage, ensuring a seamless experience for all users. With a collaborative approach, Boatsetter draws inspiration from successful models in the sharing economy, such as home rentals and ride-sharing, and has built a national network of marine-industry partners to enhance its services across the United States.

CarBlip

Series A in 2018
CarBlip is an on-demand car buying and leasing platform that aims to simplify the car purchasing experience. Through its CarBlip Configurator, customers can design their ideal vehicle according to personal preferences. A dedicated concierge from the CarBlip team assists each customer throughout the process, from finding suitable options to negotiating prices and facilitating delivery. The platform offers a comprehensive solution for consumers, including new car purchases, financing options, aftermarket upgrades, insurance, trade-ins, and door-to-door delivery. By eliminating middlemen and providing a personalized approach, CarBlip seeks to reduce the common challenges associated with buying a car.

CarBlip

Seed Round in 2018
CarBlip is an on-demand car buying and leasing platform that aims to simplify the car purchasing experience. Through its CarBlip Configurator, customers can design their ideal vehicle according to personal preferences. A dedicated concierge from the CarBlip team assists each customer throughout the process, from finding suitable options to negotiating prices and facilitating delivery. The platform offers a comprehensive solution for consumers, including new car purchases, financing options, aftermarket upgrades, insurance, trade-ins, and door-to-door delivery. By eliminating middlemen and providing a personalized approach, CarBlip seeks to reduce the common challenges associated with buying a car.

Bellabeat

Venture Round in 2018
Bellabeat, Inc. is a company that develops technology-driven wellness products specifically for women, operating both in the United States and internationally. Founded in 2014 and based in San Francisco, the company offers a range of products designed to help women monitor their health and well-being at various stages of life. This includes devices that track sleep, activity, and reproductive health, allowing users to manage stress and enhance their overall lifestyle. In addition to its product offerings, Bellabeat operates a research platform that enables users to assess wellness techniques, such as supplements and fasting, while sharing encrypted data to gain personalized insights. The company's products are available through various channels, including independent stores, resellers, and online retailers. With a focus on empowering women, Bellabeat aims to foster a better understanding of personal health and well-being.

Coinify

Series A in 2017
Coinify ApS is a global virtual currency platform based in Herlev, Denmark, that facilitates the conversion between virtual currencies and traditional fiat currencies for businesses and individuals. Established in 2014, the company offers a range of services, including blockchain currency trading and payment processing. Users can buy and sell virtual currencies, while corporate clients can engage in over-the-counter trading and merchants can accept payments in 15 different currencies, receiving payouts in fiat. Coinify provides a white-label solution for wallets to enable in-wallet trading and has a comprehensive payment suite tailored for online merchants and payment service providers. The company's team possesses extensive experience in payments, finance, and compliance, and it collaborates closely with regulatory bodies to ensure adherence to industry standards. Coinify has received multiple accolades for its contributions to the fintech sector, including recognition as a leading blockchain financial service provider.

Tattoodo

Venture Round in 2017
Tattoodo is a content provider focused on the tattoo culture and lifestyle. With 20 million monthly users, Tattoodo has fast become the no. 1 destination for tattoo lovers around the world! From inspiration and custom designs to lifestyle and entertainment. It covers all aspects of the global and ever-growing tattoo culture and works tirelessly to deliver relevant content and brand new services to its audience. The company was founded in 2013 and is based in Copenhagen, Denmark.

AirHelp

Venture Round in 2017
AirHelp is an online legal service dedicated to assisting air passengers in obtaining compensation from airlines for canceled, delayed, or overbooked flights. Established in 2013 by Greg Roodt, Henrik Zillmer, and Nicolas Michaelsen, the service simplifies the claims process by managing all necessary paperwork and communications with airlines on behalf of passengers. Users can access AirHelp's services through its official Facebook page or its mobile app available on iOS and Android devices. The compensation amounts range from $170 to $650, depending on the flight distance and delay duration. AirHelp charges a service fee of 25% of the compensation received, ensuring that passengers can assert their rights under passenger rights laws without having to navigate the legal complexities themselves.

Organic Basics

Pre Seed Round in 2017
Organic Basics ApS is a Danish company established in 2014, specializing in the design and manufacture of sustainable undergarments, t-shirts, socks, and boxers for both men and women. The brand focuses on using organic cotton and recycled materials to create eco-friendly apparel, addressing the environmental challenges posed by the fashion industry. In addition to its core clothing line, Organic Basics offers accessories such as toothbrushes, water bottles, enamel mugs, tote bags, and gift vouchers through its online platform. The company aims to promote sustainable living and foster a community focused on environmental activism by providing high-quality, responsible clothing alternatives.

WebLife Balance

Series A in 2017
WebLife Balance Inc. is a cybersecurity company based in Los Angeles, California, founded in 2013. It specializes in browser isolation solutions that enable secure and anonymous web browsing by routing user activity through a protected container within its off-premise network. The cloud-based service allows employees to engage in personal web browsing while maintaining their right to privacy, addressing key legal, human resources, and IT challenges. By providing a separate and secure environment for personal online activities, WebLife Balance helps organizations enhance their security posture, reduce liability, and ensure compliance with global privacy regulations. The company operates as a subsidiary of Proofpoint, Inc. since November 30, 2017.

Hyphen Group

Series B in 2017
Hyphen Group operates as CompareAsiaGroup, a prominent personal finance management platform in Asia. Established in 2014 and headquartered in Hong Kong, the Group provides a comprehensive, free, and independent online service for comparing financial products, including banking, insurance, and telecommunications. With partnerships with leading financial institutions, it offers access to over 2,500 products, helping consumers make informed choices and save money. The Group has a significant presence across multiple countries in Asia, including Malaysia, the Philippines, Singapore, Taiwan, and Thailand, employing over 250 individuals dedicated to enhancing personal finance management for users.

BLUETOWN

Series A in 2017
BlueTown ApS, founded in 2006 and headquartered in Copenhagen, Denmark, specializes in manufacturing and installing solar-powered base stations that create Wi-Fi hotspots for internet access in underserved areas. The company provides a range of products, including Wi-Fi systems for voice calls and internet browsing, microwave link antennas, satellite antennas, and solar panels. Additionally, BlueTown offers local cloud services at its base stations, facilitating access to essential services such as e-learning, e-health, and e-governance. The company also provides billing services for prepaid data packages, catering to the needs of users in regions with limited connectivity. With offices in several countries, including Ghana, India, Peru, Tanzania, and the United Arab Emirates, BlueTown aims to deliver a sustainable and low-cost technology solution that enhances connectivity and improves living standards for communities lacking internet access.

Jellynote

Seed Round in 2017
Jellynote is the go-to-destination for over 1 million aspiring musicians; a loyal community who enjoy sheets, tabs and chords, original video content and the opportunity to connect with one-another in the Jellynote universe. Jellynote has developed all of its proprietary technology in-house, delivering an intuitive AI-powered edtech platform to its fans. Jellynote sells premium subscriptions and generates revenue from ads. Jellynote offers over 400,000 songs that you can be played to learn through original artist video master classes, video tutorials, sheets, tabs, chords and instrument view for a wide range of instruments. The game mode provides instant feedback and social mode connects musicians share their tastes in music. The Jellynote universe demonstrates how music can connect people in a world that is getting more and more divided. Available on Smartphone and desktop.

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 focused on the tattoo culture and lifestyle. With 20 million monthly users, Tattoodo has fast become the no. 1 destination for tattoo lovers around the world! From inspiration and custom designs to lifestyle and entertainment. It covers all aspects of the global and ever-growing tattoo culture and works tirelessly to deliver relevant content and brand new services to its audience. The company was founded in 2013 and is based in Copenhagen, Denmark.
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