OpenOcean

OpenOcean is a venture capital firm established in 2008, with offices in Helsinki and London. It specializes in early-stage investments, particularly targeting Series A funding for technology companies within the data economy across Europe, with a focus on sectors such as B2B platforms, cybersecurity, fintech, artificial intelligence, and cloud technology. The firm is driven by three core investment theses: Automation, Data Infrastructure, and the Future of Software Development, with initial average investments around €5 million. The founding team includes key figures behind MySQL and MariaDB, providing OpenOcean with a strong technical background that enables them to identify and invest in innovative startups with scalable solutions. By leveraging their expertise in technology and software, OpenOcean aims to support the growth of transformative digital platforms and services.

Patrik Backman

General Partner, CEO and Co-Founder

Nina Gunell

Investment Associate

Tom Henriksson

General Partner

Sam Hields

Principal

Mirva Laatunen

Investment Analyst

Taneli Nissi

Finance Director

Tony Nysten

Principal

Ralf Wahlsten

Chairman

Past deals in Spam Filtering

Truecaller

Series C in 2014
Truecaller AB is a mobile application that enhances user communication by allowing individuals to identify callers and manage their contacts effectively. The platform focuses on verifying contacts and blocking unwanted calls, thereby protecting users from spam and enhancing their mobile experience. Truecaller facilitates safe and relevant interactions, making it easier for businesses to connect with consumers. By providing tools for expanding contact lists and identifying incoming calls, Truecaller aims to create a smarter mobile environment for its users.

Truecaller

Series B in 2014
Truecaller AB is a mobile application that enhances user communication by allowing individuals to identify callers and manage their contacts effectively. The platform focuses on verifying contacts and blocking unwanted calls, thereby protecting users from spam and enhancing their mobile experience. Truecaller facilitates safe and relevant interactions, making it easier for businesses to connect with consumers. By providing tools for expanding contact lists and identifying incoming calls, Truecaller aims to create a smarter mobile environment for its users.

Truecaller

Series A in 2012
Truecaller AB is a mobile application that enhances user communication by allowing individuals to identify callers and manage their contacts effectively. The platform focuses on verifying contacts and blocking unwanted calls, thereby protecting users from spam and enhancing their mobile experience. Truecaller facilitates safe and relevant interactions, making it easier for businesses to connect with consumers. By providing tools for expanding contact lists and identifying incoming calls, Truecaller aims to create a smarter mobile environment for its users.

WOT Services

Venture Round in 2009
WOT Services operates MyWOT, a web safety reputation and review tool that assists users in evaluating the trustworthiness of websites while online. This service displays website reputations as colored traffic lights—green indicates a reliable site, red signals potential threats, and yellow suggests caution—next to search results, social media links, and other popular platforms. Ratings and reviews are generated by a global community of millions of users based on their experiences and are validated by trusted technical sources, ensuring a comprehensive assessment of website safety. Additionally, MyWOT provides warnings about malware and other online threats, enabling users to maintain a secure browsing environment. Users are encouraged to contribute to the platform by rating websites, thereby enhancing overall web safety for the community.
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