Investments
49Portfolio Exits
7About Schibsted Growth
Schibsted Growth invests in ambitious digital companies with a plan to change the world. The firm help smart founders and winning teams to establish products or services, scale their business, maximize growth and ultimately to become market leaders. Working alongside entrepreneurs, Schibsted Growth achieves that by providing cash funding and by leveraging the gathered experience and resources within Schibsted Media Group.
Schibsted Growth Headquarter Location
Hagegata 22
Oslo, 0653,
Norway
+47 950 234 57
Latest Schibsted Growth News
Oct 23, 2020
Investments 23 October 2020 PodMe , a Stockholm, Sweden-based operator of a podcast platform, announced the completion a new capital raise of SEK 25M ($2.9M). The money was provided by existing investors Schibsted Growth and will be used to develop both the platform and the content as well as for international expansion. PodMe, founded in 2017 by CEO Johan Strömberg, built a podcast platform with content available on a subscription basis. The platform has about 50k paying subscribers. PodMe has previously raised about $3.4M, with the last round of SEK 21M announced earlier in 2020. Other backers of the company include the Finnish early stage investor Gorilla Capital . Nordic 9
Schibsted Growth Investments
49 Investments
Schibsted Growth has made 49 investments. Their latest investment was in Syd as part of their Seed VC on September 9, 2021.
Schibsted Growth Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
9/3/2021 | Seed VC | Syd | $1.17M | Yes | Undisclosed Angel Investors | 2 |
7/23/2021 | Series B | Mindler | $17.2M | No | Back in Black Capital, Club Network Investments, Fredrik Wester, Martin Dahlin, Undisclosed Investors, and Ventech | 2 |
7/9/2021 | Series B | Insurello | $17.46M | No | Inventure, and Nordstjernan | 3 |
5/27/2021 | Series A | |||||
10/23/2020 | Series A - II |
Date | 9/3/2021 | 7/23/2021 | 7/9/2021 | 5/27/2021 | 10/23/2020 |
|---|---|---|---|---|---|
Round | Seed VC | Series B | Series B | Series A | Series A - II |
Company | Syd | Mindler | Insurello | ||
Amount | $1.17M | $17.2M | $17.46M | ||
New? | Yes | No | No | ||
Co-Investors | Undisclosed Angel Investors | Back in Black Capital, Club Network Investments, Fredrik Wester, Martin Dahlin, Undisclosed Investors, and Ventech | Inventure, and Nordstjernan | ||
Sources | 2 | 2 | 3 |
Schibsted Growth Portfolio Exits
7 Portfolio Exits
Schibsted Growth has 7 portfolio exits. Their latest portfolio exit was Podme on June 09, 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 |
|---|---|---|---|---|---|
6/9/2021 | Corporate Majority | Schibsted | 3 | ||
Date | 6/9/2021 | ||||
|---|---|---|---|---|---|
Exit | Corporate Majority | ||||
Companies | |||||
Valuation | |||||
Acquirer | Schibsted | ||||
Sources | 3 |
Schibsted Growth Acquisitions
1 Acquisition
Schibsted Growth acquired 1 company. Their latest acquisition was Lendo on November 17, 2010.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
11/17/2010 | Seed VC | Acq - Fin | 1 |
Date | 11/17/2010 |
|---|---|
Investment Stage | Seed VC |
Companies | |
Valuation | |
Total Funding | |
Note | Acq - Fin |
Sources | 1 |
Schibsted Growth Team
3 Team Members
Schibsted Growth has 3 team members, including current Managing Director, Marc Brandsma.
Name | Work History | Title | Status |
|---|---|---|---|
Marc Brandsma | Managing Director | Current | |
Mats Eriksson | Managing Director | Current | |
Lars Vangen Jordet | Managing Director | Current |
Name | Marc Brandsma | Mats Eriksson | Lars Vangen Jordet |
|---|---|---|---|
Work History | |||
Title | Managing Director | Managing Director | Managing Director |
Status | Current | Current | Current |