OpenOcean

OpenOcean is an early-stage venture capital firm founded in 2008, with headquarters in Finland and offices in London, Helsinki, and Amsterdam. The firm focuses on investing in technology companies across Europe, particularly in the United Kingdom, Netherlands, and Finland. OpenOcean targets Series A funding rounds, typically leading or co-leading investments of around €5 million. With a strong entrepreneurial background in building successful software businesses, the firm collaborates closely with founders to help develop and scale global companies that provide innovative data-intensive software solutions.

Ekaterina Almasque

General Partner

Patrik Backman

General Partner

Nina Gunell

Investment Associate

Sam Hields

Senior Investment Associate

Tony Nysten

Principal

Janina Salo-Glasemann

Director, Network and Marketing

Ralf Wahlsten

General Partner

Past deals in Finland

Workfellow

Seed Round in 2021
Workfellow is an AI-powered task mining software that identifies company-wide manual business activities.

Cambri

Series A in 2021
Cambri is concept testing software that helps global brands accelerate their innovation process.
Leadoo Marketing Technologies Ltd operates Leadoo, a lead-driven marketing platform. The company’s platform converts leads from website visitors, activate potential customers, collect their information, and turn traffic into sales. It also offers solutions, including bots, messaging, smart profiles, advertising, analytics, and integrations. The company was founded in 2018 and is based in Helsinki, Finland with additional offices in Stockholm, Sweden; London, United Kingdom; and Tallinn, Estonia.

IQM Finland Oy

Series A in 2020
IQM Finland Oy is a company that specializes in the development and manufacturing of hardware systems for quantum computing. Founded in 2018 and headquartered in Espoo, Finland, IQM focuses on creating scalable quantum processors based on superconducting technology. The company aims to advance quantum computing capabilities, facilitating solutions that can benefit both industry and society. As a spin-out from Aalto University and the VTT Technical Research Centre of Finland, IQM has made significant strides in areas such as thermal management, which enhances computational speed and information accuracy. These innovations establish IQM as a key player in the global movement towards practical, large-scale quantum computing solutions.

Supermetrics

Series B in 2020
Supermetrics is a provider of marketing analytics software that helps marketers access and analyze their online marketing data across various platforms. Founded in 2013 by Mikael Thuneberg and headquartered in Helsinki, Finland, the company offers a suite of products including Supermetrics for Google Sheets, Google Data Studio, Excel, BigQuery, and an API. These tools simplify the data analysis process by automating the collection and transfer of marketing data, enabling clients to generate comprehensive reports from multiple data sources on a single platform. By providing a unified view of disparate marketing data, Supermetrics allows marketing teams to assess performance effectively, facilitating informed decision-making and strategic adjustments.

AppGyver

Venture Round in 2020
AppGyver is the provider of innovative tools for no-code development suitable for novice and seasoned developers alike. AppGyver creates user-friendly, business driven tools for rapid app creation. AppGyver Composer lets companies and developers create and distribute sophisticated business to business and business to employee apps. AppGyver's tools are trusted by over 200,000 users and Fortune 500 companies.
Leadoo Marketing Technologies Ltd operates Leadoo, a lead-driven marketing platform. The company’s platform converts leads from website visitors, activate potential customers, collect their information, and turn traffic into sales. It also offers solutions, including bots, messaging, smart profiles, advertising, analytics, and integrations. The company was founded in 2018 and is based in Helsinki, Finland with additional offices in Stockholm, Sweden; London, United Kingdom; and Tallinn, Estonia.

IQM Finland Oy

Seed Round in 2019
IQM Finland Oy is a company that specializes in the development and manufacturing of hardware systems for quantum computing. Founded in 2018 and headquartered in Espoo, Finland, IQM focuses on creating scalable quantum processors based on superconducting technology. The company aims to advance quantum computing capabilities, facilitating solutions that can benefit both industry and society. As a spin-out from Aalto University and the VTT Technical Research Centre of Finland, IQM has made significant strides in areas such as thermal management, which enhances computational speed and information accuracy. These innovations establish IQM as a key player in the global movement towards practical, large-scale quantum computing solutions.

Nosto

Series B in 2018
Nosto Solutions Oy specializes in e-commerce personalization solutions for online retailers worldwide. Founded in 2011 and headquartered in Helsinki, Finland, the company offers a platform-independent software-as-a-service (SaaS) solution that enables retailers to provide real-time personalized product recommendations throughout the shopping journey. Nosto's technology is designed to enhance the online shopping experience, making it accessible for businesses of all sizes. Their offerings include automated marketing tools such as onsite product recommendations, personalized emails, and targeted advertisements on platforms like Facebook and Instagram. Nosto has served notable clients, including brands like Angry Birds and Intersport, helping retailers increase conversion rates, customer retention, and overall store revenues. The company also has offices in key global markets, including New York, Los Angeles, Berlin, Stockholm, and London.

Supermetrics

Series A in 2017
Supermetrics is a provider of marketing analytics software that helps marketers access and analyze their online marketing data across various platforms. Founded in 2013 by Mikael Thuneberg and headquartered in Helsinki, Finland, the company offers a suite of products including Supermetrics for Google Sheets, Google Data Studio, Excel, BigQuery, and an API. These tools simplify the data analysis process by automating the collection and transfer of marketing data, enabling clients to generate comprehensive reports from multiple data sources on a single platform. By providing a unified view of disparate marketing data, Supermetrics allows marketing teams to assess performance effectively, facilitating informed decision-making and strategic adjustments.

AppGyver

Series A in 2017
AppGyver is the provider of innovative tools for no-code development suitable for novice and seasoned developers alike. AppGyver creates user-friendly, business driven tools for rapid app creation. AppGyver Composer lets companies and developers create and distribute sophisticated business to business and business to employee apps. AppGyver's tools are trusted by over 200,000 users and Fortune 500 companies.

MariaDB

Series C in 2017
MariaDB Corporation Ab develops and delivers an open source relational database designed for database administrators and application developers. The company offers MariaDB Enterprise, an enterprise-grade database solution that includes features such as backup and recovery, support, and monitoring. This subscription-based service supports organizations using MariaDB and MySQL in production environments. In addition to its core offerings, MariaDB provides a variety of services including architecture planning, database migration, performance tuning, and training. The company has a significant presence in the cloud, operating in major public clouds and Linux distributions, and serves a diverse range of clients, including many Fortune 500 companies. Founded in 2010 and headquartered in Espoo, Finland, with additional offices in California, MariaDB is supported by the MariaDB Foundation, which promotes continuity and collaboration in the MariaDB ecosystem.

Oppex

Series A in 2015
Oppex Ltd provides a search engine for public sector bidding contests for sales opportunities. It focuses on helping sales organizations to discover new business opportunities from the public sector. The company serves both large international corporations and small local enterprises. Oppex Ltd was founded in 2009 and is based in Helsinki, Finland.

Nosto

Series A in 2014
Nosto Solutions Oy specializes in e-commerce personalization solutions for online retailers worldwide. Founded in 2011 and headquartered in Helsinki, Finland, the company offers a platform-independent software-as-a-service (SaaS) solution that enables retailers to provide real-time personalized product recommendations throughout the shopping journey. Nosto's technology is designed to enhance the online shopping experience, making it accessible for businesses of all sizes. Their offerings include automated marketing tools such as onsite product recommendations, personalized emails, and targeted advertisements on platforms like Facebook and Instagram. Nosto has served notable clients, including brands like Angry Birds and Intersport, helping retailers increase conversion rates, customer retention, and overall store revenues. The company also has offices in key global markets, including New York, Los Angeles, Berlin, Stockholm, and London.

AppGyver

Angel Round in 2014
AppGyver is the provider of innovative tools for no-code development suitable for novice and seasoned developers alike. AppGyver creates user-friendly, business driven tools for rapid app creation. AppGyver Composer lets companies and developers create and distribute sophisticated business to business and business to employee apps. AppGyver's tools are trusted by over 200,000 users and Fortune 500 companies.

MariaDB

Series B in 2013
MariaDB Corporation Ab develops and delivers an open source relational database designed for database administrators and application developers. The company offers MariaDB Enterprise, an enterprise-grade database solution that includes features such as backup and recovery, support, and monitoring. This subscription-based service supports organizations using MariaDB and MySQL in production environments. In addition to its core offerings, MariaDB provides a variety of services including architecture planning, database migration, performance tuning, and training. The company has a significant presence in the cloud, operating in major public clouds and Linux distributions, and serves a diverse range of clients, including many Fortune 500 companies. Founded in 2010 and headquartered in Espoo, Finland, with additional offices in California, MariaDB is supported by the MariaDB Foundation, which promotes continuity and collaboration in the MariaDB ecosystem.

Nosto

Seed Round in 2013
Nosto Solutions Oy specializes in e-commerce personalization solutions for online retailers worldwide. Founded in 2011 and headquartered in Helsinki, Finland, the company offers a platform-independent software-as-a-service (SaaS) solution that enables retailers to provide real-time personalized product recommendations throughout the shopping journey. Nosto's technology is designed to enhance the online shopping experience, making it accessible for businesses of all sizes. Their offerings include automated marketing tools such as onsite product recommendations, personalized emails, and targeted advertisements on platforms like Facebook and Instagram. Nosto has served notable clients, including brands like Angry Birds and Intersport, helping retailers increase conversion rates, customer retention, and overall store revenues. The company also has offices in key global markets, including New York, Los Angeles, Berlin, Stockholm, and London.

MariaDB

Series A in 2012
MariaDB Corporation Ab develops and delivers an open source relational database designed for database administrators and application developers. The company offers MariaDB Enterprise, an enterprise-grade database solution that includes features such as backup and recovery, support, and monitoring. This subscription-based service supports organizations using MariaDB and MySQL in production environments. In addition to its core offerings, MariaDB provides a variety of services including architecture planning, database migration, performance tuning, and training. The company has a significant presence in the cloud, operating in major public clouds and Linux distributions, and serves a diverse range of clients, including many Fortune 500 companies. Founded in 2010 and headquartered in Espoo, Finland, with additional offices in California, MariaDB is supported by the MariaDB Foundation, which promotes continuity and collaboration in the MariaDB ecosystem.

Ironstar Helsinki

Venture Round in 2009
Ironstar Helsinki is a company that build virtual hang out places for teens. Ironstar has launched a service called MoiPal, a cross-platform virtual world that allows branded virtual goods in both online and mobile environments.

WOT Services

Venture Round in 2009
MyWOT / WOT (Web of Trust) is a website safety reputation and review extension that helps you make informed decisions about whether to trust a website when you are searching, shopping or surfing online. MyWOT displays website reputations as traffic lights next to links when you use search engines, social networking sites, email and popular sites such as Wikipedia. By clicking the traffic light icon you can learn more about a website’s reputation and other users’ opinions. A green traffic light means users have rated the site as trusted and reliable, red warns of potential threats and yellow indicates that you should proceed with caution. MyWOT ratings and reviews are powered by a global community of millions of users who rate websites based on their personal experiences, and are verified by trusted technical sources. Additionally, third-party sources warn you of malware and other threats you might encounter. With MyWOT, you can contribute to web safety by rating websites yourself, warning other users of potential threats you’ve come across.