Northzone

Summary

Northzone appeared to be the VC, which was created in 1996. The main office of represented VC is situated in the Stockholm. The fund was located in Europe if to be more exact in Sweden.

The current fund was established by Bjorn Stray, Tellef Thorleifsson. The overall number of key employees were 9.

For fund there is a match between the location of its establishment and the land of its numerous investments - Sweden. Among the most successful fund investment fields, there are Advertising, SaaS. The fund has no exact preference in some founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager. Among the most popular portfolio startups of the fund, we may highlight Spotify, Klarna, IZettle. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund.

The standard case for the fund is to invest in rounds with 3-4 partakers. Despite the Northzone, startups are often financed by Global Founders Capital, GP Bullhound, Index Ventures. The meaningful sponsors for the fund in investment in the same round are Industrifonden, Conor Venture Partners, Global Founders Capital. In the next rounds fund is usually obtained by Industrifonden, Index Ventures, Creandum.

The important activity for fund was in 2018. Despite it in 2019 the fund had an activity. Opposing the other organizations, this Northzone works on 10 percentage points less the average amount of lead investments. When the investment is from Northzone the average startup value is more than 1 billion dollars. The usual things for fund are deals in the range of 10 - 50 millions dollars. The increased amount of exits for fund were in 2018. The fund is generally included in 7-12 deals every year. Considering the real fund results, this VC is 25 percentage points more often commits exit comparing to other organizations.