Investments
62Portfolio Exits
17Funds
3About Viking Venture
Viking Venture makes growth equity investments in scale-up companies in the Nordics and the Netherlands. The firm's investment focus is business-to-business software companies with international growth potential. Founded in 2001, Viking Venture currently has over NOK 3.5 billion under management and is headquartered in Trondheim, Norway.
Viking Venture Headquarter Location
Kongens Gate 8
Trondheim, 7011,
Norway
Latest Viking Venture News
Sep 9, 2021
Lindahl acted as legal adviser to Viking Venture. The Norway-based investor Viking Venture, specialized in investments in Nordic B2B software companies, has acquired the Sweden-based company Workbuster. Workbuster offers a HR solution to strengthen employer branding, attract the best candidates and improve the quality of the selection process, and is also the leading platform for private employment services in Sweden. The acquisition forms part of Viking Venture’s establishment of a HR tech stronghold in the Nordics. Lindahl’s team consisted mainly of Moritz Veller (Picture), Edvard Gustafsson, Joakim Lundin, Asta Schulz and Ottilia Boström.
Viking Venture Investments
62 Investments
Viking Venture has made 62 investments. Their latest investment was in Viking AQT as part of their Unattributed VC on June 6, 2021.
Viking Venture Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
6/3/2021 | Unattributed VC | Viking AQT | $72.21M | Yes | 2 | |
4/8/2021 | Series A | Attensi | $26M | No | 13 | |
2/5/2020 | Series A | Flowbox | $8.25M | Yes | 3 | |
12/6/2019 | Seed VC | |||||
9/5/2019 | Unattributed VC |
Date | 6/3/2021 | 4/8/2021 | 2/5/2020 | 12/6/2019 | 9/5/2019 |
|---|---|---|---|---|---|
Round | Unattributed VC | Series A | Series A | Seed VC | Unattributed VC |
Company | Viking AQT | Attensi | Flowbox | ||
Amount | $72.21M | $26M | $8.25M | ||
New? | Yes | No | Yes | ||
Co-Investors | |||||
Sources | 2 | 13 | 3 |
Viking Venture Portfolio Exits
17 Portfolio Exits
Viking Venture has 17 portfolio exits. Their latest portfolio exit was Keystone Academic Solutions on June 23, 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 |
|---|---|---|---|---|---|
6/23/2021 | Merger | 6 | |||
3/29/2021 | IPO | Public | 1 | ||
10/20/2020 | IPO | Public | 1 | ||
Date | 6/23/2021 | 3/29/2021 | 10/20/2020 | ||
|---|---|---|---|---|---|
Exit | Merger | IPO | IPO | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | Public | |||
Sources | 6 | 1 | 1 |
Viking Venture Acquisitions
7 Acquisitions
Viking Venture acquired 7 companies. Their latest acquisition was WorkPoint on January 06, 2022.
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 |
|---|---|---|---|---|---|---|
1/6/2022 | Acq - Fin | 2 | ||||
7/9/2021 | ||||||
11/13/2020 | ||||||
6/30/2020 | ||||||
6/23/2015 |
Date | 1/6/2022 | 7/9/2021 | 11/13/2020 | 6/30/2020 | 6/23/2015 |
|---|---|---|---|---|---|
Investment Stage | |||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acq - Fin | ||||
Sources | 2 |
Viking Venture Fund History
3 Fund Histories
Viking Venture has 3 funds, including Viking Venture III AS.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
2/29/2008 | Viking Venture III AS | Multi-Stage Venture Capital | Open | $97.1M | 1 |
12/31/2005 | Viking Venture II AS | ||||
1/7/2001 | Viking Venture AS |
Closing Date | 2/29/2008 | 12/31/2005 | 1/7/2001 |
|---|---|---|---|
Fund | Viking Venture III AS | Viking Venture II AS | Viking Venture AS |
Fund Type | Multi-Stage Venture Capital | ||
Status | Open | ||
Amount | $97.1M | ||
Sources | 1 |
Viking Venture Team
4 Team Members
Viking Venture has 4 team members, including current Chief Financial Officer, Hege Kristine Kvitsand.
Name | Work History | Title | Status |
|---|---|---|---|
Hege Kristine Kvitsand | Chief Financial Officer | Current | |
Hege Kristine Kvitsand | Chief Financial Officer | Current | |
Erik Fjellvær Hagen | Arthur Andersen, and McKinsey & Company | Managing Partner | Current |
Joar Welde | Owner | Current |
Name | Hege Kristine Kvitsand | Hege Kristine Kvitsand | Erik Fjellvær Hagen | Joar Welde |
|---|---|---|---|---|
Work History | Arthur Andersen, and McKinsey & Company | |||
Title | Chief Financial Officer | Chief Financial Officer | Managing Partner | Owner |
Status | Current | Current | Current | Current |
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