Fiftyfive Capital.

Nordic Eye Venture Capital is a Danish venture capital firm founded in 2016 and headquartered in Copenhagen, with additional offices in Zurich, London, and San Francisco. The firm specializes in investing in early-growth companies primarily from the Nordic region, focusing on sectors such as technology, SaaS, health and wellbeing, identity and community, sustainable consumption, consumer lifestyle, and e-commerce. Nordic Eye aims to identify companies with the potential for global scalability and seeks to add value to its investments while facilitating favorable exit opportunities, typically within a five-year timeframe.

Mandeep Arora

Investment Manager and Partner

Ib Drachmann

Investment Manager

Philipp Flesch

Investment Associate

Mads Mønster

Investment Associate

Camilla Molina Nysum

Investment Associate

Simon Starup

Investment Associate

33 past transactions

Govly

Series A in 2023
Govly is a software as a service platform that facilitates the bidding process for government contracts. It serves as a market network, connecting original equipment manufacturers, value-added resellers, and prime contractors within a unified ecosystem. The platform centralizes access to government procurement opportunities and provides tools that automate notifications, updates, and program management services. By enabling businesses to monitor and analyze the federal procurement landscape, Govly empowers them to focus on the most promising opportunities, thereby increasing their chances of success in securing government contracts.

Freightify

Series A in 2023
Freightify is a digital freight forwarder that automates rate acquisition, administration, and quote operations. Additionally, it offers track-and-trace services that give freight forwarders instant access to real-time vessel locations and automatic milestones.

Provenance

Venture Round in 2022
Provenance is a technology company that specializes in promoting sustainability and transparency in the consumer goods industry. It operates a platform that validates and communicates the sustainability credentials of consumer packaged goods (CPG) brands, enabling consumers to make informed, eco-friendly purchasing decisions. The platform tracks products from their origin to the point of sale, providing real-time, verifiable data that enhances brand trust and sales. Over 200 leading CPG businesses, including Cult Beauty, The Ordinary, and Shiseido, use Provenance to showcase their sustainability efforts. As a mission-driven, independent B Corp, Provenance aims to empower consumers to make choices that positively impact both people and the planet.

57Hours

Seed Round in 2022
57Hours is a travel marketplace that connects outdoor enthusiasts with expert local guides for various adventure activities. Founded by individuals passionate about the outdoors and technology, the company aims to simplify the process of finding and booking guided adventures. Its platform offers a wide range of activities, including rock climbing, hiking, mountain biking, backcountry skiing, surfing, and skateboarding, catering to different skill levels and interests. By providing seamless access to expert guidance, 57Hours enables travelers to explore the great outdoors confidently and enjoyably, whether in the United States or select international destinations.

Underlining

Seed Round in 2022
Underlining is a beauty and cosmetics company dedicated to providing high-quality, cruelty-free products that enhance consumer beauty experiences. Through its flagship brands, Nailboo, HIDE, and TatBrow, Underlining focuses on a diverse range of offerings, including eyebrow, nail, and skincare products. The company aims to promote beauty while ensuring that its products contribute to skin health, aligning with modern consumer values centered on ethical and sustainable practices. By reimagining the beauty and wellness landscape, Underlining seeks to meet the evolving needs of its customers in the cosmetics industry.

Zight

Series A in 2022
Zight is a visual work communication tool that facilitates faster information sharing through instantly shareable videos, screenshots, and graphics. With a community of over 4 million users, Zight offers a comprehensive solution that combines features for screenshots, GIFs, screen recordings, and web recordings into a single platform. This tool is designed to enhance both internal and external communication within organizations, significantly reducing productivity losses associated with miscommunication and misunderstandings. By streamlining visual communication, Zight helps businesses collaborate more effectively across multifunctional teams, ultimately saving time and minimizing the need for unnecessary meetings.

Alpha Paw

Series A in 2021
Alpha Paw is a direct-to-consumer pet brand focused on enhancing the lives of pets and their owners. Understanding that pets are integral members of the family, the company aims to provide dogs and cats with happier, healthier, and longer lives. Alpha Paw operates a proprietary online marketplace that offers a diverse range of products, including dog ramps, consumables, and accessories, all designed to address common pet-related challenges. In addition to its product offerings, the company emphasizes the importance of community engagement through partnerships, volunteering, and events, fostering a more dog-friendly environment. By providing valuable resources and publishing guides, Alpha Paw seeks to empower pet owners to become better caregivers for their furry companions.

Govly

Pre Seed Round in 2021
Govly is a software as a service platform that facilitates the bidding process for government contracts. It serves as a market network, connecting original equipment manufacturers, value-added resellers, and prime contractors within a unified ecosystem. The platform centralizes access to government procurement opportunities and provides tools that automate notifications, updates, and program management services. By enabling businesses to monitor and analyze the federal procurement landscape, Govly empowers them to focus on the most promising opportunities, thereby increasing their chances of success in securing government contracts.

Cabana

Series A in 2021
Cabana operates a fleet of upscale, custom-made mobile hotel rooms designed to provide travelers with flexibility and comfort. Utilizing 2019 Ford Transit vans, the company offers a unique lodging experience that combines luxury amenities with the freedom to travel anywhere. Each mobile hotel room is thoughtfully designed with high-quality features such as a comfortable bed, ample storage, and a bathroom, all tailored for an optimal stay in a compact space. Cabana enhances the travel experience through its technology-enabled app, which allows users to reserve, check in, and check out of their accommodations without the need for in-person interactions. This approach not only offers the convenience of traditional lodging but also embodies the essence of luxury van life, enabling travelers to enjoy a premium experience on the road.

Zycada

Series B in 2020
Zycada Networks, Inc., established in 2014 and based in Campbell, California, specializes in developing and deploying a bot-driven eCommerce acceleration platform. The company's core product, the Zycada platform, is designed to enhance online shopping experiences by accelerating dynamic content up to 10 times faster. It achieves this by employing Zycada bots that pre-assemble content before it's requested, adapting to real-time network conditions. This technology enables retailers to personalize shopping experiences, leading to higher user engagement and a reported 5%+ revenue gain for customers.

Blue Ocean Robotics

Venture Round in 2019
Blue Ocean Robotics ApS, headquartered in Odense, Denmark, specializes in designing, developing, and commercializing professional service robots. Its portfolio includes the UVD Robot for hospital disinfection, the Multi Tower Robot for patient handling and rehabilitation, and other robots catering to logistics, cleaning, healthcare, education, and more. The company also provides robotic automation solutions, strategic automation roadmaps, and events for the robotic industry. Blue Ocean Robotics serves various sectors, offering its products through sales partners and joint ventures in multiple countries. It operates through subsidiaries in Denmark, Lithuania, Hong Kong, the United States, Sweden, and Germany. Additionally, the company invests in and incubates robotic projects, leading their development and commercialization before potentially selling, licensing, or spinning them out to new subsidiaries or existing companies.

Plecto

Series A in 2019
Plecto is a developer of team motivation software designed to enhance employee performance in revenue-driven environments. The company's platform integrates with existing business systems, providing custom dashboards that display real-time performance data accessible on various devices, including computers and television screens. Plecto's software incorporates gamification elements to engage and train employees, along with coaching features that help motivate individuals and foster productivity. With a straightforward setup process that allows companies to get started in just two minutes, Plecto aims to deliver impactful results within days, transforming how organizations manage and optimize employee performance.

ContractZen

Seed Round in 2019
ContractZen is a governance software company that offers an AI-enabled platform designed for efficient contract management, board meeting management, entity management, and secure virtual data rooms. Utilized by hundreds of businesses and non-profits across over 30 countries, ContractZen aims to enhance corporate governance, risk management, and compliance. The platform is tailored for small and medium-sized organizations, allowing them to adopt its features instantly without the need for costly consulting or extensive training. Its modular design provides flexibility, with each component functioning independently while contributing to a comprehensive suite that can evolve with the organization's needs. Key features include metadata-driven contract management, a digital meeting portal for seamless scheduling and e-signing, and powerful document sharing capabilities through built-in virtual data rooms. Additionally, ContractZen integrates with leading electronic signature providers and offers an AI Assistant for advanced contract analysis and governance insights. With its user-friendly interface and robust functionalities, ContractZen aims to improve document management and facilitate agile collaboration for organizations of all types.

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.

LuggageHero

Venture Round in 2019
LuggageHero is a luggage storage service that offers travelers the convenience of booking and dropping off their luggage in local shops across major cities worldwide. The company's self-service platform allows users to easily find and reserve safe and affordable luggage storage options in central areas, utilizing retail stores and hotels. This innovative approach enables travelers to explore cities without the burden of their bags, as they can drop off their belongings at a nearby location and retrieve them at their convenience.

Blue Ocean Robotics

Venture Round in 2018
Blue Ocean Robotics ApS, headquartered in Odense, Denmark, specializes in designing, developing, and commercializing professional service robots. Its portfolio includes the UVD Robot for hospital disinfection, the Multi Tower Robot for patient handling and rehabilitation, and other robots catering to logistics, cleaning, healthcare, education, and more. The company also provides robotic automation solutions, strategic automation roadmaps, and events for the robotic industry. Blue Ocean Robotics serves various sectors, offering its products through sales partners and joint ventures in multiple countries. It operates through subsidiaries in Denmark, Lithuania, Hong Kong, the United States, Sweden, and Germany. Additionally, the company invests in and incubates robotic projects, leading their development and commercialization before potentially selling, licensing, or spinning them out to new subsidiaries or existing companies.

Exploring Your Potential

Series A in 2018
Exploring Your Potential (EYP) is a career readiness program designed for young adults, aiming to inspire them to proactively shape their future careers. The company offers an online learning platform comprising four courses: identifying personal talents, passions, and goals; crafting a unique value proposition; learning self-marketing strategies; and implementing career plans. EYP equips students with insights typically gained over a lifetime, such as articulating personal value, building compelling social media profiles, and navigating entrepreneurial paths. By partnering with academic institutions, EYP enhances existing career-preparedness resources, demonstrating significant improvements in students' career readiness through its usage at various universities.

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 is a company focused on transforming the retail shopping experience through an innovative self-checkout system. It has developed intelligent anti-theft tags that automatically unlock upon payment, allowing customers to shop without waiting in lines. This advancement not only streamlines the checkout process but also frees staff to provide enhanced customer service on the sales floor, potentially increasing sales opportunities. Zliide's omnichannel platform offers retailers valuable insights into customer behavior, product interactions, and inventory management through real-time data analytics. By improving the efficiency of physical stores, Zliide aims to create a more personalized and informed shopping experience.

Boatsetter

Series A in 2018
Boatsetter is a peer-to-peer boat rental platform that connects boat owners and captains with individuals seeking water experiences, regardless of their boating expertise. The company addresses the underutilization of privately owned vessels by facilitating boat rentals, thus allowing owners to monetize their investments. Boatsetter combines elements from successful collaborative market models like those of home and car rental services to innovate within the marine industry. The platform offers both short and long-term charter services, along with real-time customer support and insurance coverage. By establishing partnerships with a national network of marine-industry businesses, Boatsetter aims to enhance its service offerings and expand its reach across the U.S.

CarBlip

Series A in 2018
CarBlip is an on-demand car buying and leasing platform that offers a personalized experience for customers looking to purchase or lease vehicles. Utilizing the CarBlip Configurator, customers can customize their ideal car according to their preferences. The platform connects users with dedicated concierges who assist throughout the entire process, from negotiation to delivery, ensuring a seamless experience. CarBlip aims to address the common challenges associated with car buying by providing a comprehensive solution that includes new car purchases, financing options, aftermarket upgrades, insurance, trade-ins, and door-to-door delivery. The service enables buyers to search for cars and negotiate directly with dealers, helping them save costs by eliminating the need for middlemen.

CarBlip

Seed Round in 2018
CarBlip is an on-demand car buying and leasing platform that offers a personalized experience for customers looking to purchase or lease vehicles. Utilizing the CarBlip Configurator, customers can customize their ideal car according to their preferences. The platform connects users with dedicated concierges who assist throughout the entire process, from negotiation to delivery, ensuring a seamless experience. CarBlip aims to address the common challenges associated with car buying by providing a comprehensive solution that includes new car purchases, financing options, aftermarket upgrades, insurance, trade-ins, and door-to-door delivery. The service enables buyers to search for cars and negotiate directly with dealers, helping them save costs by eliminating the need for middlemen.

Bellabeat

Venture Round in 2018
Bellabeat, Inc. is a company that specializes in developing technology-driven wellness products specifically designed for women. Founded in 2014 and based in San Francisco, Bellabeat offers a range of products that include wearables like the Leaf and Ivy, which facilitate tracking of health metrics such as sleep, activity, and reproductive health. These devices empower women to monitor their overall well-being throughout various stages of life, thereby promoting a holistic approach to health. In addition to its product offerings, Bellabeat operates a research platform that enables users to assess wellness techniques and products, share encrypted data, and receive personalized insights. The company has gained recognition for its stylish designs and has successfully expanded into international markets, positioning itself as a leading brand in the wellness sector focused on women's health. Bellabeat's commitment to innovation has sparked industry conversations about the importance of tailored health solutions for women.

Coinify

Series A in 2017
Coinify is an international fintech company that specializes in cryptocurrency payment and trading solutions. Active in over 180 countries, Coinify offers a platform that facilitates blockchain currency trading and payment processing services. The company's infrastructure is trusted by leading wallets, websites, and applications, enabling them to accept cryptocurrency payments and mitigate fraud. Through its platform, users can buy bitcoin as an investment or utilize digital currencies to purchase goods and services from a growing network of retailers worldwide. Additionally, Coinify provides instant conversions, allowing customers to receive payouts in their local currency. The company aims to promote the widespread adoption of digital currencies.

Tattoodo

Venture Round in 2017
Tattoodo, established in 2013 and headquartered in Copenhagen, Denmark, is a leading global platform dedicated to the tattoo culture and lifestyle. With over 20 million monthly users, it serves as the premier destination for tattoo enthusiasts worldwide. The company offers a comprehensive range of services, including tattoo inspiration, custom design creation, artist discovery, studio recommendations, and educational resources. Tattoodo's platform facilitates easy booking of tattoo appointments and provides essential knowledge about the tattoo process, making it a one-stop digital hub for the tattoo community.

AirHelp

Venture Round in 2017
AirHelp is an organization dedicated to enhancing passenger rights and experiences worldwide by assisting travelers in obtaining compensation from airlines for flight cancellations, delays, and overbookings. The company streamlines the claims process by managing essential documentation and legal complexities, thus enabling passengers to assert their rights under relevant laws. In addition to flight compensation services, AirHelp offers subscription-based disruption coverage and parametric travel insurance products. Founded in 2013 by Greg Roodt, Henrik Zillmer, and Nicolas Michaelsen, AirHelp operates globally, providing support to millions of travelers in 18 languages, with offices located in major cities including Berlin, Barcelona, Gdansk, and Sao Paulo. The current CEO, Tomasz Pawliszyn, has led the company since January 2022.

Organic Basics

Pre Seed Round in 2017
Organic Basics ApS is a sustainable apparel company based in Aarhus, Denmark, founded in 2015. The company specializes in designing and manufacturing undergarments, t-shirts, socks, and boxers for both men and women, utilizing organic cotton and recycled materials. In addition to its core clothing line, Organic Basics also offers accessories such as toothbrushes, water bottles, enamel mugs, tote bags, and gift vouchers, all available through its online platform. Committed to addressing the environmental impact of the fashion industry, Organic Basics aims to provide eco-friendly alternatives and promote responsible living, fostering a community that values sustainability and environmental activism.

WebLife Balance

Series A in 2017
WebLife Balance Inc. is a cybersecurity company based in Los Angeles, California, founded in 2013. It specializes in providing browser isolation solutions that facilitate anonymous and secure web browsing for employees by proxying their activities through a protected container within WebLife’s off-premise network. This cloud-based service creates a separate space for personal browsing, allowing employees to maintain their right to privacy while addressing critical legal, HR, and IT challenges associated with internet use in the workplace. By securely separating personal and business web activities, WebLife helps organizations enhance their security posture, reduce liability, and comply with global privacy regulations. The company aims to improve employee policy compliance and mitigate risks associated with harmful online content, thereby ensuring a safer browsing experience. As of November 30, 2017, WebLife operates as a subsidiary of Proofpoint, Inc.

Hyphen Group

Series B in 2017
Hyphen Group operates CompareAsiaGroup, a prominent personal finance management platform in Asia. Established in 2013 and headquartered in Hong Kong, CompareAsiaGroup provides users with free and independent online tools to compare a wide range of financial products, including banking, insurance, credit cards, and personal loans. The platform partners with leading financial institutions across the region, enabling users to evaluate over 2,500 products. With a workforce of over 250 employees, CompareAsiaGroup has a significant presence in multiple countries, including Hong Kong, Malaysia, the Philippines, Singapore, Taiwan, and Thailand. The Group's mission is to empower individuals to save money and make informed financial decisions through its comprehensive comparison services.

BLUETOWN

Series A in 2017
BLUETOWN is a provider of wireless communication services focused on connecting underserved rural areas around the globe. The company has developed a sustainable and low-cost technology solution that includes the installation of solar power panels and Wi-Fi masts to create internet hotspots in remote villages. This innovative approach enables individuals in challenging geographical and climatic conditions, as well as those with limited or no access to power, to obtain reliable internet and communication services. By addressing the connectivity gap, BLUETOWN aims to foster growth and improve the standard of living in these communities.

Jellynote

Seed Round in 2017
Jellynote operates as an online platform dedicated to connecting and educating over 1 million aspiring musicians worldwide. It offers a vast library of over 400,000 songs, accessible via original video content, sheets, tabs, chords, and instrument-specific views. The platform's proprietary AI technology delivers intuitive learning experiences through artist masterclasses, tutorials, and interactive game modes. Jellynote generates revenue through premium subscriptions and advertisements, fostering a community where users can share their musical tastes and connect with one another across diverse instruments and genres. Available on smartphones and desktops, the platform aims to unite musicians globally, demonstrating music's power to bridge divides in an increasingly fragmented world.

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, established in 2013 and headquartered in Copenhagen, Denmark, is a leading global platform dedicated to the tattoo culture and lifestyle. With over 20 million monthly users, it serves as the premier destination for tattoo enthusiasts worldwide. The company offers a comprehensive range of services, including tattoo inspiration, custom design creation, artist discovery, studio recommendations, and educational resources. Tattoodo's platform facilitates easy booking of tattoo appointments and provides essential knowledge about the tattoo process, making it a one-stop digital hub for the tattoo community.
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