Northzone

Northzone is a venture capital firm established in 1996, headquartered in London, with additional offices in New York, Oslo, and Stockholm. The firm focuses on early-stage investments in technology-driven companies across Europe and the United States, with interests spanning healthcare, semiconductors, software, hardware, artificial intelligence, blockchain, and gaming sectors. Northzone has raised over €1.5 billion in funds and has a notable track record of partnering with founders of successful companies, including Spotify, Avito, iZettle, Klarna, and Hopin. By leveraging its extensive network, Northzone aims to connect its portfolio companies with customers, business partners, and talent on an international scale.

Alex Agureev

Associate

Torleif Ahlsand

General Partner

Molly Alter

Principal

Tomas Bennich

Venture Partner

Jörgen Bladh

General Partner

Nick Boesel

Associate

Justin Cooke

Venture Partner

Pascual Cortés-Monroy E.

Vice President

Dominik Esen

Vice President

Harriet Hamblin

Associate

Pieter-Jan Van Haute

Vice President

Jackson Heddy

CFO

Michiel Kotting

General Partner

Aaron Liu

Vice President

Sanjot Malhi

Partner

Naseem Moumene

Associate

Michelle Nacouzi

Principal

Sarah Nöckel

Vice President

Hans Otterling

General Partner

Par-Jorgen Parson

General Partner

Deepka Rana

Investment Manager

Wendy Xiao

Partner

Jessica Schultz

Partner

Christopher Steinau

Principal

Lena Stocker

Associate

Bjorn Stray

Partner

Paula Weber

Associate

Past deals in Sales

Matsmart

Series C in 2021
Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, specializing in the sale of surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering groceries and personal care items that would otherwise be discarded due to reasons such as packaging changes or approaching expiry dates. Matsmart has expanded its operations to Norway and Finland, achieving significant growth, with recurring revenues reaching SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted, providing suppliers with an effective channel to sell surplus products at discounted prices while helping grocery stores minimize their food wastage.

SellersFi

Series A in 2021
SellersFi is a financial services company that specializes in providing funding solutions for e-commerce businesses, particularly those selling on online marketplaces. Established in 2017 and headquartered in Ridgewood, New Jersey, the company offers term loans and revenue advances tailored for Amazon sellers. SellersFi's platform utilizes machine-learning models to analyze data from online sellers' business activities, enabling the provision of actionable insights. This technology allows e-commerce entrepreneurs to access working capital more easily, improve cash flow, and enhance their operational efficiency. By focusing on the unique needs of online sellers, SellersFi aims to support their growth and success in a competitive marketplace.

Matsmart

Venture Round in 2019
Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, specializing in the sale of surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering groceries and personal care items that would otherwise be discarded due to reasons such as packaging changes or approaching expiry dates. Matsmart has expanded its operations to Norway and Finland, achieving significant growth, with recurring revenues reaching SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted, providing suppliers with an effective channel to sell surplus products at discounted prices while helping grocery stores minimize their food wastage.

Matsmart

Venture Round in 2018
Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, specializing in the sale of surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering groceries and personal care items that would otherwise be discarded due to reasons such as packaging changes or approaching expiry dates. Matsmart has expanded its operations to Norway and Finland, achieving significant growth, with recurring revenues reaching SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted, providing suppliers with an effective channel to sell surplus products at discounted prices while helping grocery stores minimize their food wastage.

Matsmart

Venture Round in 2017
Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, specializing in the sale of surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering groceries and personal care items that would otherwise be discarded due to reasons such as packaging changes or approaching expiry dates. Matsmart has expanded its operations to Norway and Finland, achieving significant growth, with recurring revenues reaching SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted, providing suppliers with an effective channel to sell surplus products at discounted prices while helping grocery stores minimize their food wastage.

Matsmart

Venture Round in 2016
Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, specializing in the sale of surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering groceries and personal care items that would otherwise be discarded due to reasons such as packaging changes or approaching expiry dates. Matsmart has expanded its operations to Norway and Finland, achieving significant growth, with recurring revenues reaching SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted, providing suppliers with an effective channel to sell surplus products at discounted prices while helping grocery stores minimize their food wastage.

Velory

Series A in 2016
Velory, formerly known as Universal Avenue AB, operates a global on-demand sales platform designed to connect digital brands with small and medium-sized businesses. Founded in 2014 and headquartered in Stockholm, Sweden, with additional offices across Europe, Velory leverages machine learning to offer tailored digital solutions and customer acquisition strategies. The platform facilitates brand growth in new markets by providing a direct salesforce that engages with various industries, including hospitality, retail, beauty, and experiential services. By identifying and integrating the most relevant solutions, Velory ensures that brands can effectively reach their target audiences and enhance their market presence.

Letgo

Series B in 2016
Letgo is a popular mobile application that facilitates the buying and selling of second-hand goods locally, boasting over 100 million downloads and 400 million listings. Founded in 2015 by Alec Oxenford and Jordi Castello, later joined by Enrique Linares, Letgo has become a leading marketplace in the United States, offering a diverse range of products, including electronics, vehicles, clothing, and furniture. The app incorporates innovative features such as image recognition and video listings, which streamline the listing process by automatically suggesting titles, prices, and categories based on user-uploaded photos. This user-friendly approach allows individuals to easily declutter their homes and discover great deals nearby.

Matsmart

Venture Round in 2015
Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, specializing in the sale of surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering groceries and personal care items that would otherwise be discarded due to reasons such as packaging changes or approaching expiry dates. Matsmart has expanded its operations to Norway and Finland, achieving significant growth, with recurring revenues reaching SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted, providing suppliers with an effective channel to sell surplus products at discounted prices while helping grocery stores minimize their food wastage.

Velory

Seed Round in 2015
Velory, formerly known as Universal Avenue AB, operates a global on-demand sales platform designed to connect digital brands with small and medium-sized businesses. Founded in 2014 and headquartered in Stockholm, Sweden, with additional offices across Europe, Velory leverages machine learning to offer tailored digital solutions and customer acquisition strategies. The platform facilitates brand growth in new markets by providing a direct salesforce that engages with various industries, including hospitality, retail, beauty, and experiential services. By identifying and integrating the most relevant solutions, Velory ensures that brands can effectively reach their target audiences and enhance their market presence.
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