TheFactory

TheFactory, established in 2015, is a Norwegian company that supports early-stage entrepreneurs, primarily in the fintech and proptech sectors. It offers investment capital of up to NOK 500,000 per company, along with access to a USD 1 million worth of perks from its accelerator partner GAN. TheFactory provides mentorship from a network of over 150 experienced entrepreneurs, investors, and industry experts, connecting startups with leading industry customers, investors, and partners. Its accelerator programs aim to transfer industry knowledge to founders, ensuring their solutions align with customer needs.

Ingar Bentsen

CEO and Founder

16 past transactions

Artera

Venture Round in 2023
Artera develops medical artificial intelligence tests that personalize therapy for cancer patients. Its tests predict therapeutic benefits and prognosticate patient outcomes. The Artera platform is purely software, and runs on digital images of H&E histopathology images as part of routine clinical care.

Galileo

Series A in 2022
Galileo.ai is a technology company specializing in AI application management. It offers a suite of services including development, testing, monitoring, and security for AI applications. The core product is an AI platform designed to enhance machine learning processes by automatically identifying errors and data gaps, thereby improving efficiencies, reducing costs, and mitigating biases across various industries such as healthcare, finance, and insurance.

Voltron Data

Series A in 2022
Voltron Data develops tools to enhance the existing data analytics ecosystem. It focuses on improving efficiency by creating modular and composable analytics building blocks.

Voltron Data

Seed Round in 2022
Voltron Data develops tools to enhance the existing data analytics ecosystem. It focuses on improving efficiency by creating modular and composable analytics building blocks.

NorQuant

Seed Round in 2019
NorQuant develops an investment research platform and automated trading solutions that provide up-to-date information about investments and enable direct, automated signal trading. The company uses statistical analysis and machine learning to identify opportunities and applies a scientific, rules-based approach to investing, delivering user-friendly interfaces that help investors act on data-driven insights.

Riskrate

Angel Round in 2018
Riskrate consolidates live financial data to monitor and manage risk for businesses. It develops a financial services reporting platform designed to support creating new financial services, helping determine risk, payment timing, and delays for new business customers. The platform provides alerts and insights to anticipate changes in payment patterns, enabling organizations to save time and access real-time payment details.

LifePlanner

Angel Round in 2018
LifePlanner is a company that provides automated storage services designed to help individuals manage various life phases by organizing and securing important documents and information. The company offers a comprehensive digital vault that encrypts personal, financial, and legal data, ensuring that users can access and share the necessary information with designated individuals when needed. By collaborating with insurance companies, lawyers, funeral agencies, and other relevant service providers, LifePlanner aims to alleviate the burdens associated with life events, ensuring that wishes and memories are preserved and accessible in critical times.

Empower.eco

Angel Round in 2018
Empower.eco operates an online platform designed to address the plastic waste problem by incentivizing individuals to collect and deposit plastic waste. Founded in 2018 and based in Oslo, Norway, the company rewards users for their efforts in recycling through a system that provides electromagnetic pulse tokens. These tokens can be utilized within the Empower ecosystem or exchanged for local currency, allowing users to earn money while contributing to environmental cleanup. In addition to promoting recycling, Empower.eco aims to alleviate poverty by providing a source of income for individuals in need, thereby combining environmental sustainability with social responsibility.

NorQuant

Angel Round in 2018
NorQuant develops an investment research platform and automated trading solutions that provide up-to-date information about investments and enable direct, automated signal trading. The company uses statistical analysis and machine learning to identify opportunities and applies a scientific, rules-based approach to investing, delivering user-friendly interfaces that help investors act on data-driven insights.

Mahoom

Angel Round in 2018
Mahoom is a developer of a picture-sharing application that focuses on home decor. The application allows users to create a profile for their home and share pictures of their interiors, furniture, and decorative items. Through this platform, users can connect with other homeowners, gaining access to a wealth of information, suggestions, and tips for enhancing their home interiors. By facilitating the sharing of ideas and inspiration, Mahoom aims to empower users to beautify their living spaces while fostering a community centered around home decoration.

Lendwill

Angel Round in 2018
Lendwill is a pioneering lending platform that aims to democratize the lending process by creating a peer-to-peer network for financial transactions. Often likened to "AirBnB for money," the platform focuses on addressing the issue of invisible poverty faced by many young people worldwide by encouraging them to support one another through lending and borrowing. Lendwill leverages blockchain technology to build a globally valid credit profile, enabling users to engage in small loans while establishing a verifiable credit history. The platform actively monitors and analyzes repayment behavior, enhancing trust among users and predicting future creditworthiness. With connections to 99% of Norwegian banks through Open Banking APIs, Lendwill is set to launch in 70 countries, promoting a more inclusive financial ecosystem.

Pangea Accelerator

Angel Round in 2017
Pangea Accelerator is a program that supports African startups by providing an enabling environment for growth. It offers mentorship, networking opportunities, and access to capital through its investment platform.

Diwala

Angel Round in 2017
Diwala is a software-as-a-service platform that stores, verifies, and distributes digital credentials globally. It provides a digital identity wallet to create a verifiable record of educational and work history and other essential documents. Built on self-sovereign identity principles, the platform ensures data integrity and interoperability, enabling seamless data sharing and reducing digital infrastructure barriers. The company focuses on solutions for emerging markets, helping institutions and employers issue and verify digitally verifiable credentials to graduates and employees, thereby mitigating fraud and improving trust in credentialing.

Tillit Forsikring

Angel Round in 2017
Founded in Oslo, Norway in 2017, Tillit Forsikring operates as an innovative insurance provider offering customizable coverage for valuables through its user-friendly application. It specializes in family insurance, property damage and theft coverage, contents insurance, phone insurance, and pet insurance.

BizBot

Angel Round in 2017
Bizbot is a shareholding tool for investors and business owners. By analyzing user data, BizBot automates time-consuming processes so that valuable resources can be used on growth and less paperwork. The company was founded in 2017 and is headquartered in Fornebu, Oslo.

Luca

Angel Round in 2017
Luca is a company that specializes in developing accounting software aimed at streamlining financial data management for small businesses and sole proprietorships. By leveraging artificial intelligence and machine learning, Luca's software automates the process of recording financial data from various invoices, significantly reducing the need for manual data entry. This innovative approach allows users to focus on more complex financial challenges, enhancing overall efficiency in their accounting practices.
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