Predict your next investment

Venture Capital
alliance.vc

See what CB Insights has to offer

Investments

97

Portfolio Exits

17

Funds

4

About Alliance Venture

Alliance Venture is a Nordic venture capital firm investing in exceptional early-stage tech companies and purpose-driven founders with global ambitions.

Alliance Venture Headquarter Location

Parkveien 41 B

Oslo, 0258,

Norway

(+47) 2191 9104

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Alliance Venture News

Scandinavian AI staffing company Globus.ai closes $4.8 million seed round

Jul 22, 2022

Share London, 31st May 2022: Staffing AI company Globus.ai  today announces that it raised $4.8 million in a seed funding round led by  Alliance Venture  and  Scale Capital , as it ramps up presence in the UK. Globus.ai has experienced 12x growth since 2018. The latest seed round comes after solid growth for the Scandinavian AI company, after it responded to the pressures of the pandemic by supporting healthcare and social care organisations to quickly place temporary staff into urgent roles. Alongside healthcare and social care, Globus.ai’s staffing software has also been used in education, local government, and the energy sector. Typically, customers are able to process 40% more vacancies using Globus to automate time-consuming and manual recruitment and staffing processes. Helge Bjorland, CEO & Co-founder at Globus.ai commented: “Now, more than ever before, organisations need a way to quickly find the talent they need to fill business-critical roles — and individuals are seeking meaningful work that interests them. Our mission has always been to empower people to succeed in the future of work and, as such, our Scandinavian AI is well-positioned to support workers and organisations with today’s pressures. Globus allows companies, and specifically recruiters, to instantly connect their candidates with relevant opportunities.” The funding will allow Globus to scale in existing markets and also prepare the company for entry into the U.S, where  13.6 million  people currently work in temporary and contract roles. According to SIA, demand for temporary staff is  expected to remain strong  due to the ongoing impact of the Great Resignation, with temporary workers able to plug skill and productivity gaps while organisations hire permanent replacements. Part of the funding is also allocated to product development, where Globus.ai is also looking to strengthen its team with a Head of Product. Arne H. Tonning, Partner at Alliance Venture commented: “About a year ago, Globus had a handful of early adopters in Sweden and Norway. Since then the company has grown to more than 30 customers and 4x the product revenue run-rate, while also landing multiple significant customers in the UK market. The total team is more than 50 people in 20 countries, with a remote-first configuration with a strong and inclusive culture. We believe that Globus’ journey has just started. Based on the position, potential and execution, we are proud to join the Globus mission and hope to play our part in making it a great success for all stakeholders, including customers and talent.” “The ambition is to play a leading role in the future of work, by applying AI to the search, matching and booking of top talent in any modern organisation with a hybrid workforce. Globus is confident that human-centric AI will ultimately understand people better and connect them with the right opportunities, fast. While the HR Tech landscape is crowded and heavily invested, Globus goes beyond existing product categories and could be a new category-defining company.” ‍

Alliance Venture Investments

97 Investments

Alliance Venture has made 97 investments. Their latest investment was in Space and Time as part of their Seed VC on July 7, 2022.

CBI Logo

Alliance Venture Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/28/2022

Seed VC

Space and Time

$10M

Yes

1

5/20/2022

Seed VC - II

Globus AI

$4.8M

Yes

2

5/17/2022

Seed VC

Helppy

$3.15M

Yes

4

3/24/2022

Series A

Subscribe to see more

$99M

Subscribe to see more

10

2/7/2022

Seed VC - II

Subscribe to see more

$99M

Subscribe to see more

10

Date

7/28/2022

5/20/2022

5/17/2022

3/24/2022

2/7/2022

Round

Seed VC

Seed VC - II

Seed VC

Series A

Seed VC - II

Company

Space and Time

Globus AI

Helppy

Subscribe to see more

Subscribe to see more

Amount

$10M

$4.8M

$3.15M

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

2

4

10

10

Alliance Venture Portfolio Exits

17 Portfolio Exits

Alliance Venture has 17 portfolio exits. Their latest portfolio exit was Swarm64 on August 05, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

8/5/2021

Acquired

$99M

2

3/9/2021

Acq - Fin

$99M

1

10/8/2019

Acquired

$99M

1

10/19/2018

IPO

Subscribe to see more

$99M

Subscribe to see more

10

6/13/2018

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

8/5/2021

3/9/2021

10/8/2019

10/19/2018

6/13/2018

Exit

Acquired

Acq - Fin

Acquired

IPO

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

2

1

1

10

10

Alliance Venture Fund History

4 Fund Histories

Alliance Venture has 4 funds, including Alliance Venture Delta.

Closing Date

Fund

Fund Type

Status

Amount

Sources

6/1/2020

Alliance Venture Delta

$62.38M

3

7/1/2014

Alliance Venture Spring

Subscribe to see more

Subscribe to see more

$99M

10

12/6/2007

Alliance Venture Polaris AS

Subscribe to see more

Subscribe to see more

$99M

10

5/22/2001

Alliance Venture IP

Subscribe to see more

Subscribe to see more

$99M

10

Closing Date

6/1/2020

7/1/2014

12/6/2007

5/22/2001

Fund

Alliance Venture Delta

Alliance Venture Spring

Alliance Venture Polaris AS

Alliance Venture IP

Fund Type

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$62.38M

$99M

$99M

$99M

Sources

3

10

10

10

Alliance Venture Team

2 Team Members

Alliance Venture has 2 team members, including current Managing Partner, Johan Gjesdahl.

Name

Work History

Title

Status

Johan Gjesdahl

SPRINGfondet, Tandberg, Telenor Venture, PaperX.com, statoilê, DNV, Norwegian Armed Forces, and FORSVARET

Managing Partner

Current

Jan-Erik Hareid

Managing Partner

Current

Name

Johan Gjesdahl

Jan-Erik Hareid

Work History

SPRINGfondet, Tandberg, Telenor Venture, PaperX.com, statoilê, DNV, Norwegian Armed Forces, and FORSVARET

Title

Managing Partner

Managing Partner

Status

Current

Current

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.