Verdane

Verdane is a specialist growth equity investment firm that partners with sustainable, tech-enabled Northern European businesses to help them reach the next stage of international growth. With over €3bn in total commitments and over 120 investments since 2003, Verdane invests behind three core themes: Digital Consumer, Software Everywhere, and Sustainable Society.

Endre Aamodt

Senior Associate

Daniel Ahlstrand

Partner

Jonathan Ahrens

Director

Erling Amble

Director, Investments

Erich Becker Ph.D

Partner

Björn Beckman

Principal

Hampus Bergqvist

Senior Associate

Simon Betzler

Director

Nils Bouchet

Director

Max Carlsén

Principal

Tejas Choudhary

Director

Emilio Costa

Senior Associate

Andreas Daae

Principal, Head of Capital Markets

Frida Einarson

Partner

Axel Elmqvist

Director

Eline Fjell

Principal

Gustav Friberg

Senior Associate

Julia Gerken

Director

Maroje Guertl

Principal

Katja Hengstermann

Principal, Investments

Henriette Hessen

Senior Associate

Ralph Karg

Director

Maximilian Kempken

Director

Henrik Klobut

Director

Viktor Kovalev

Director

Ellen Köhler

CFO, Elevate

Gregor Leshel

Senior Associate

Bixi Li

Director

Bjarne K. Lie

Managing Partner

Seloua Louzani

Director

Pål Malmros

Partner

Wilhelm Meyer

Senior Associate

Iikka Moilanen

Principal

Staffan Mörndal

Partner

Per Nordlander

Partner

Cecilia Nytorp

Principal

Ask Nørgaard

Senior Associate

Christopher Parmo

Partner

Miikka Patteri

Director

Camilla Skiffard Pedersen

Senior Associate

Merle Price

Director

Johanna Rydén

Director

Moritz Schmidt

Senior Associate

Christina Schrettle

Director

Reed Snyder

Principal

Sebastian Stierncreutz

Senior Associate

Helena Svancar

Partner

Fredrika Svanholm

Senior Associate

Nadia Söderling

Senior Associate

Sebastian Wintgens

Principal

Miriam von Hertzen

Senior Associate

Past deals in Sweden

Mathem

Venture Round in 2023
MatHem is an e-commerce company based in Stockholm, Sweden, specializing in the online delivery of groceries and household consumables. Founded in 2009, it serves over half of Swedish households by providing a comprehensive online grocery store that includes a wide variety of products, ready-made grocery bags, and recipe suggestions. MatHem operates a user-friendly platform that streamlines grocery shopping and enhances the cooking experience through subscription plans and helpful tips. Deliveries are made seven days a week using temperature-controlled vehicles to maintain product freshness. The company's commitment to quality has earned it recognition, including awards for being the Grocery Website of the Year by a Swedish online magazine.

Instabox

Series C in 2022
Instabox operates an online shipping platform offering cost-effective and convenient logistics services. It facilitates same-day delivery through its network of smart delivery lockers, serving approximately six million customers in Sweden, Norway, and Denmark.

Centra

Private Equity Round in 2021
Centra is a medium-sized company based in Stockholm, Sweden, with an additional office in Wroclaw, Poland. It specializes in developing an all-in-one commerce platform tailored for both B2B and B2C markets, primarily focusing on the fashion industry. The platform is designed to enhance digital retail by seamlessly connecting consumers with products. Centra's enterprise application software addresses crucial aspects such as scalability, reliability, security, and administrative efficiency, allowing fashion brands to improve their performance. The company also offers specialized services to support various business initiatives, including planning, execution, and evaluation of business processes, thereby helping clients achieve their operational goals.

Voyado

Private Equity Round in 2021
Voyado is a Swedish customer experience platform for e-commerce and retail that unifies customer data into a single database and enables omnichannel engagement. It allows brands to collect and segment customer information, apply churn scoring, and automate marketing across channels. The platform uses AI predictions to support hyper-segmented campaigns and provides designed email functions along with email and messaging automation. By tying online and offline interactions, Voyado supports unified commerce and helps retailers improve personalization and retention. Overall, it offers retailers and brands a focused system to manage customer data, automate marketing, and deliver consistent cross-channel experiences.

InRiver

Venture Round in 2020
InRiver AB is a software company that specializes in product information management (PIM) solutions, designed to assist businesses in effectively managing and distributing product information across various sales channels. Founded in 2007 and headquartered in Malmö, Sweden, with regional offices in Chicago, Amsterdam, and Stockholm, InRiver caters to both B2C and B2B multi-channel commerce professionals. The company's platform enables organizations to create, maintain, and uniformly present product information, including sales materials like videos and images, in multiple languages. With a client base of over 1,000 brands across 19 countries, InRiver aims to enhance revenue, customer satisfaction, and brand equity by transforming product information into strategic assets. The company has also established a strategic partnership with Aprimo LLC, further extending its capabilities in the market.

Mathem

Venture Round in 2020
MatHem is an e-commerce company based in Stockholm, Sweden, specializing in the online delivery of groceries and household consumables. Founded in 2009, it serves over half of Swedish households by providing a comprehensive online grocery store that includes a wide variety of products, ready-made grocery bags, and recipe suggestions. MatHem operates a user-friendly platform that streamlines grocery shopping and enhances the cooking experience through subscription plans and helpful tips. Deliveries are made seven days a week using temperature-controlled vehicles to maintain product freshness. The company's commitment to quality has earned it recognition, including awards for being the Grocery Website of the Year by a Swedish online magazine.

Consector

Venture Round in 2018
Consector AB is a loan brokerage based in Stockholm, Sweden, that specializes in providing online credit and loan intermediary services. The company offers personalized counseling to individuals, assisting them in comparing various mortgage, personal loan, and credit card options. By focusing on the competitive landscape of financial products, Consector aims to help clients improve their financial situations by reducing their interest expenses through informed decision-making.

Inovia Group

Venture Round in 2018
Inovia Group is a leading provider of artificial intelligence and big data solutions based in Kista, Sweden, founded in 2012. The company specializes in developing AI-driven technology for various industries, including finance, telecommunications, and healthcare. Inovia offers a range of products, such as AI tools for image analysis, cognitive search, and speech recognition, along with solutions for automating healthcare documentation and customer support. Additionally, the company provides consulting services focused on data engineering and analytics, helping clients enhance productivity and make informed business decisions through real-time actionable insights. Inovia is recognized as a top AI service provider in Europe, committed to unlocking the potential of its customers' data.

Hem

Venture Round in 2018
Hem Design Studio Sweden AB is a furniture design and manufacturing company based in Stockholm, Sweden, founded in 2014. The company specializes in creating and selling a diverse range of products, including rugs, furniture, lighting, and various accessories. Its furniture lineup features items such as chairs, sofas, tables, and shelving, while its lighting collection includes unique designs like the dusk lamp and levels lamp. Hem is committed to delivering functional and contemporary designs that are of contract-grade quality, ensuring that their products not only meet aesthetic demands but also offer durability and practicality. The brand aims to inspire the creative community through collaboration, innovation, and a dedication to high-quality craftsmanship.

InRiver

Venture Round in 2017
InRiver AB is a software company that specializes in product information management (PIM) solutions, designed to assist businesses in effectively managing and distributing product information across various sales channels. Founded in 2007 and headquartered in Malmö, Sweden, with regional offices in Chicago, Amsterdam, and Stockholm, InRiver caters to both B2C and B2B multi-channel commerce professionals. The company's platform enables organizations to create, maintain, and uniformly present product information, including sales materials like videos and images, in multiple languages. With a client base of over 1,000 brands across 19 countries, InRiver aims to enhance revenue, customer satisfaction, and brand equity by transforming product information into strategic assets. The company has also established a strategic partnership with Aprimo LLC, further extending its capabilities in the market.

Dapresy

Venture Round in 2017
Dapresy AB is a software development company specializing in visualization and integration solutions for the market research industry. Founded in 1999 and headquartered in Norrköping, Sweden, the company offers tools for visual business intelligence, marketing research, and customer experience management. Dapresy's software enables users to create and deploy visually appealing KPI dashboards and effectively communicate complex data from various sources, including markets, users, and customers. Additionally, the platform allows for seamless integration into existing company processes, providing tailor-made web systems for online data presentation. Dapresy serves a diverse range of sectors, including retail, pharmaceuticals, telecommunications, and finance, with a commitment to enhancing data-driven decision-making. The company has expanded its presence internationally, with locations in the United States, Canada, Germany, the United Kingdom, Bosnia-Herzegovina, and Australia.

Reason Studios

Venture Round in 2017
Reason Studios AB, based in Stockholm, Sweden, specializes in developing music production software tailored for musicians, producers, and media professionals. Founded in 1994 and originally known as Propellerhead Software AB, the company rebranded in August 2019. Its flagship product, the Reason platform, offers a comprehensive suite of instruments, plugins, and tools for recording, mixing, and sequencing music. Key offerings include Record for audio track production, the virtual studio rack for instrument integration, and various sound packs like Studio Combo for pianos and Rhythm Combo for electric bass guitars. Additionally, Reason Studios provides ReCycle, a versatile tool for editing and remixing audio. The company also promotes a social networking platform that connects users through music-making, allowing them to share and collaborate on original content. Through its innovative software solutions, Reason Studios empowers a diverse range of users to transform their musical ideas into reality.

Boostcom

Venture Round in 2017
Founded in 2004, Boostcom develops software offering proptech solutions for shopping centers. Its platform includes a data management system, audience manager, marketing automation tools, mobile applications, advanced analytics, and performance services. With over 100 global shopping center customers across Europe, USA, Dubai, and Hong Kong, Boostcom helps increase sales through measurable digital strategies.

Industrial Internet Of X Ab

Venture Round in 2017
Industrial Internet Of X AB is a Sweden-based company that specializes in developing a cloud-based Internet of Things (IoT) service platform tailored for industrial and enterprise applications, particularly in the energy sector. The platform enables the collection, harmonization, aggregation, and real-time distribution of machine data, transforming it into actionable insights that enhance operational decision-making and strategic analysis. By integrating with existing operational technology and IT environments, the platform facilitates improved efficiency and the development of innovative business models and services. The company's clientele includes notable firms such as DeLaval, E.ON, and Liros Power Solution. Founded as Maingate Enterprise Solutions AB, it rebranded to Industrial Internet Of X AB in May 2016 and is headquartered in Karlskrona, Sweden. As of September 2017, it operates as a subsidiary of Allgon AB.

Mathem

Venture Round in 2017
MatHem is an e-commerce company based in Stockholm, Sweden, specializing in the online delivery of groceries and household consumables. Founded in 2009, it serves over half of Swedish households by providing a comprehensive online grocery store that includes a wide variety of products, ready-made grocery bags, and recipe suggestions. MatHem operates a user-friendly platform that streamlines grocery shopping and enhances the cooking experience through subscription plans and helpful tips. Deliveries are made seven days a week using temperature-controlled vehicles to maintain product freshness. The company's commitment to quality has earned it recognition, including awards for being the Grocery Website of the Year by a Swedish online magazine.

Storm Commerce

Venture Round in 2016
Storm Commerce is a Swedish company that specializes in providing a cloud-based e-commerce platform designed for scalable digital commerce solutions tailored to both B2B and B2C businesses. The platform offers software as a service that is independent of content management systems, allowing for customization in applying business rules to product catalogs, pricing models, and order and procurement processes. By streamlining and automating essential business operations, Storm Commerce enables companies to enhance their digital sales and maintain a competitive edge in their respective industries. The company's expertise in e-commerce attracts businesses experiencing significant online sales growth, positioning them to succeed in the evolving digital landscape.

Trivec

Acquisition in 2016
Trivec is a prominent supplier of point-of-sale (POS) solutions and bar control systems tailored for the European hospitality sector. The company offers a comprehensive range of products, including POS systems, card payment terminals, mobile devices, and beverage dispensing systems. Trivec's solutions enhance operational efficiency by optimizing payment processes and enabling effective management of restaurant, bar, and hotel operations. Their offerings feature seamless integration with various functions such as booking, finance, personnel, purchasing, and inventory management. With a strong presence in Sweden, Norway, Denmark, Belgium, and France, Trivec serves over 8,000 customers, providing user-friendly software that allows customers to place orders via QR codes, select items from curated menus, and make payments efficiently. This focus on reliability and customization supports clients in generating detailed reports and improving overall service delivery.

Linjebesiktning

Acquisition in 2016
Svensk Linjebesiktning AB, located in Sollefteå, Sweden, specializes in the inspection and quality control of electricity and telecommunications networks. The company provides independent inspection services for electrical and telecommunications infrastructure, including technical checks for stations, cable distribution cabinets, and earthing in network installations. By focusing on the electricity and telecommunications sectors, Linjebesiktning AB aims to deliver reliable and cost-effective solutions to network owners, ensuring the integrity and safety of their systems.

Uppländska Berg

Acquisition in 2016
Uppland Mountain and subsidiary Blasting Technology has 35 years of experience and tradition within the qualifying rock work. Their offices are in Norrtälje and Söderhamn but they do work all over Sweden. They operate under the name Uppland Mountain and together they are one of the largest and most complete in the industry. It gives you peace of mind from the ground up.

Smart Senior

Venture Round in 2016
Smart Senior AB is a Stockholm-based media and marketing company that focuses on serving individuals aged 55 and older. It operates as a marketing channel designed to drive purchasing decisions among senior citizens. The company provides a range of retirement discount services, offering loyalty cards that grant access to discounts on everyday goods, travel, and various activities. By facilitating arrangements for trips and activities, Smart Senior aims to enhance the quality of life for seniors, enabling them to enjoy a comfortable and fulfilling lifestyle.

Schoolido

Venture Round in 2015
Schoolido is a digital learning platform founded by a teacher and mother inspired by her dyslexic son. The company aims to provide an inclusive educational experience that accommodates various learning preferences through multimedia resources and supportive tools for students with dyslexia. Targeting the Swedish K-12 market, Schoolido offers a comprehensive service for students in grades 7 to 9, covering 12 subjects aligned with the school curriculum. Its cloud-based learning environment features extensive media content and fosters a social community, enabling students to enhance their knowledge in an effective and personalized manner.

Consector

Venture Round in 2015
Consector AB is a loan brokerage based in Stockholm, Sweden, that specializes in providing online credit and loan intermediary services. The company offers personalized counseling to individuals, assisting them in comparing various mortgage, personal loan, and credit card options. By focusing on the competitive landscape of financial products, Consector aims to help clients improve their financial situations by reducing their interest expenses through informed decision-making.

Caliroots

Venture Round in 2015
Caliroots is a streetwear fashion retail company based in Stockholm, Sweden, founded in 2003. The company operates both retail stores and an online platform, offering a curated selection of streetwear and sneakers from various brands. With a focus on providing a mix of trendy and unique fashion options, Caliroots caters to a diverse customer base seeking urban and casual styles.

Boozt.com

Series A in 2015
Boozt is an e-commerce company specializing in the online sale of fashion, apparel, and beauty products, primarily targeting the Nordic market. The company operates two main webshops: Boozt.com, which offers a curated selection of brands in categories such as Fashion, Kids, Sports, Beauty, and Home, and Booztlet.com, which serves as a channel for inventory clearance. Boozt collaborates with high-profile brands, including ECCO, Jack&Jones, and Vero Moda, among others. Headquartered in Malmö, Sweden, Boozt employs around 45 individuals and utilizes additional offshore resources in Vietnam and India to support its operations. The company aims to provide a convenient shopping experience while continuously expanding its brand offerings.

InRiver

Venture Round in 2015
InRiver AB is a software company that specializes in product information management (PIM) solutions, designed to assist businesses in effectively managing and distributing product information across various sales channels. Founded in 2007 and headquartered in Malmö, Sweden, with regional offices in Chicago, Amsterdam, and Stockholm, InRiver caters to both B2C and B2B multi-channel commerce professionals. The company's platform enables organizations to create, maintain, and uniformly present product information, including sales materials like videos and images, in multiple languages. With a client base of over 1,000 brands across 19 countries, InRiver aims to enhance revenue, customer satisfaction, and brand equity by transforming product information into strategic assets. The company has also established a strategic partnership with Aprimo LLC, further extending its capabilities in the market.

MM Sports

Private Equity Round in 2014
MM Sports is a leading distributor and supplier of sports nutrition and health supplement products based in Askim, Sweden. The company offers a comprehensive range of items, including dietary supplements, training clothing, gym equipment, and accessories. MM Sports emphasizes competitive pricing, high quality, and exceptional service, ensuring prompt deliveries to its clients. By providing a diverse selection of products, the company supports individuals seeking to enhance their health and fitness lifestyles.

PerformIQ

Acquisition in 2014
PerformIQ is a Swedish employment agency based in Stockholm, founded in 2010. It specializes in providing staffing and recruitment services, with a unique focus on placing individuals who have backgrounds in sports, club activities, and associations, along with relevant education and work experience. The company also offers coaching and related services to help candidates secure desirable job opportunities.

Eleven AB

Venture Round in 2013
Eleven AB is a retailer based in Stockholm, Sweden, specializing in the sale of beauty products both online and in physical locations. The company's product offerings encompass a wide range of cosmetics, including makeup for the face, lips, and eyes, as well as cosmetic tools, sets, and palettes. In addition to makeup, Eleven AB provides skincare products that cater to various needs, including facial care, shower and bath products, body care, and tanning solutions. The company's fragrance line features perfumes, deodorants, and home fragrances, including organic options. Nail care products are also part of their extensive catalog, making Eleven AB a comprehensive source for beauty and personal care items.

Caliroots

Private Equity Round in 2013
Caliroots is a streetwear fashion retail company based in Stockholm, Sweden, founded in 2003. The company operates both retail stores and an online platform, offering a curated selection of streetwear and sneakers from various brands. With a focus on providing a mix of trendy and unique fashion options, Caliroots caters to a diverse customer base seeking urban and casual styles.

Carnia

Acquisition in 2011
Carnia AB is an online pet food retailer based in Johanneshov, Sweden. The company specializes in providing pet food that mimics the natural diet of animals in the wild. Carnia's products are designed to be free from cereals and minimize other carbohydrate sources, focusing on creating artificial food that aligns with the dietary needs of pets. This approach allows pet owners to offer their animals a more suitable and natural diet, reflecting what they would typically consume in their natural habitats.

Nordic Nest

Acquisition in 2011
Nordic Nest provides an e-commerce platform where various people access and buy Scandinavian design interior home decor products worldwide. It offers accessories, fabrics and textiles, carpets, lighting fixtures, furniture, art glass, and porcelain and ceramics. Nordic Nest began operation in 2002 and is based in Kalmar in Sweden. Design Online operates as a subsidiary of NS Intressenter.

Patroner.se

Acquisition in 2011
Patroner.se AB is a distributor and retailer specializing in the online sale of ink cartridges and office supplies. The company offers a wide range of products, including ink cartridges, toners, color cartridges, photo paper, copy paper, labels, binders, registers, folders, and various desktop products. Additionally, it provides printers, keyboards, hard discs, mice, and headsets, catering to both businesses and individual consumers. Through its online platform, Patroner.se aims to meet the diverse needs of its customers by providing convenient access to essential office supplies.

Compricer

Acquisition in 2011
Compricer is a Swedish company that specializes in online price comparison services aimed at assisting consumers in making informed decisions regarding their personal finances. Founded in 2005 by Jakob Tolleryd and Jimmy Furland, the company is headquartered in Stockholm. Compricer's platform enables users to compare a wide range of personal finance products, including insurance, mortgages, loans, electricity contracts, banking services, and broadband providers. By offering these comparison services, Compricer empowers consumers to evaluate various financial options and select the ones that best suit their needs. As of September 2013, Compricer operates as a subsidiary of Schibsted Tillväxtmedier.

Wireless Maingate AB

Acquisition in 2008
Founded in 1998, Wireless Maingate AB is an ICT company, providing M2M Connectivity and Data Management services to customers around Europe. They are a trusted partner to more than 500 customers, including leading utilities such as EON, Fortum and Vattenfall. They work closely with leading technology partners such as Giesecke & Devrient, Oberthur, Schneider Electric, Kamstrup, Telia, and Tele2. Today they connect more than 55% of all smart meters in Sweden, 20% of all smart meters in Finland, 70% of the Point-of-Sale terminals in Sweden and 40% of all residential alarms in Sweden. Maingate is a portfolio company in the Nordic private equity fund Verdane Capital VI.

Segre AB

Venture Round in 2006
Segre AB is a Swedish company based in Kumla, founded in 1973, specializing in the manufacture, distribution, and export of masks designed for industrial applications. The company's products are intended to provide protection from harmful substances encountered in various work environments. Segre AB markets its masks through a network of distributors and dealers, ensuring widespread availability to its customers. As of November 2016, Segre AB operates as a subsidiary of GVS S.p.A.

Bythjul

Acquisition in 2006
Bythjul is an online retailer and distributor of tires, rims, and other automotive accessories based in Stockholm, Sweden, offering a range of automotive and truck tires and wheels to provide customers with quality and affordable options.

Tradedoubler

Acquisition in 2005
Tradedoubler is a leading global performance marketing company. It pioneered affiliate marketing in Europe, offering strategic international insight and detailed local expertise to help over 2000 advertisers achieve their business goals through its network of 140,000 publishers. Tradedoubler specializes in driving revenue growth for clients across various sectors, including e-commerce, travel, finance, and retail.
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