Nordic Secondary Fund

Nordic Secondary Fund, founded in 2018 and based in Copenhagen, Denmark, is a growth equity firm focused on acquiring secondary investments in European scale-ups, particularly those in the Nordic and Baltic regions. The firm specifically targets companies that have successfully completed Series A funding from venture capital or corporate venture sources and demonstrate proven scalable business models with a documented market for their products or services. Nordic Secondary Fund primarily invests in growth-stage technology companies across various sectors, including finance, technology, and healthcare, with a commitment to fostering growth and development in these dynamic markets.

Peter Sandberg

Founding Partner and Managing Director

Past deals in Baltics

Cleveron

Secondary Market in 2023
Cleveron Ltd., established in 2006 and headquartered in Viljandi, Estonia, is a technology and logistics company specializing in modern postal solutions. The company operates a network of self-service parcel terminals across Estonia, enabling customers to send and receive parcels conveniently and efficiently. Cleveron designs, manufactures, and maintains these terminals, along with associated software solutions for operation control and central monitoring. Additionally, the company offers consulting services to help businesses implement and operate their own parcel terminal networks. Cleveron serves web retailing and mail-order businesses, aiming to provide measurable value through its technology-driven solutions.

Bob W

Secondary Market in 2022
Bob W is a provider of short-stay accommodation services that offers an alternative to traditional hotels. The company operates a managed marketplace of serviced apartments that combine the quality standards and amenities of a lifestyle hotel with the authenticity and functionality of a home. Each apartment is locally designed, work-friendly, and equipped with hotel linens and professional cleaning services. Additionally, the accommodations feature fully equipped kitchens, access to local gyms, and curated breakfast options. This approach allows travelers to easily find and enjoy short-stay accommodations tailored to their needs while ensuring a high standard of service and ecological mindfulness.

Sonarworks

Venture Round in 2021
Sonarworks Ltd. is a deep-tech audio company based in Riga, Latvia, founded in 2012. The company specializes in developing and licensing sound calibration software that enhances audio quality for both professionals and consumers. Its flagship products include Reference 4, which is available in studio and headphone editions, and True-Fi, designed for everyday listeners. These tools utilize advanced SoundID technology to measure and digitally tune sound devices to individual hearing preferences, ensuring a personalized listening experience. Sonarworks' software is widely adopted in professional recording studios and by audio engineers, as it effectively eliminates noise shortcomings in speakers and headphones, allowing users to enjoy music as intended by the artists. The software is accessible online and through dealers in Latvia and internationally.

Mintos

Secondary Market in 2021
Mintos, established in 2014 and headquartered in Riga, Latvia, is Europe's leading investment platform for earning passive income. It operates a peer-to-peer lending marketplace, connecting investors seeking attractive returns with consumers and small businesses in need of affordable loans. With over €600 million in assets under management and more than 500,000 registered users, Mintos enables investors to build diversified portfolios of income-generating assets through both automated and manual investment strategies. The platform offers investments in mortgage loans, personal unsecured loans, car loans, invoices, and small business loans, with investments possible in fractions of loans. Authorized under MiFID, Mintos has earned multiple industry awards since its founding.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.