Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Northzone

Founders Bjorn Stray Ingar Ostby Karl-Christian Agerup Tellef Thorleifsson

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 295
Average round size
info
The average size of a deal this fund participated in
$43M
Portfolio companies 156
Rounds per year 10.54
Lead investments 81
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.47
Exits 42
Key employees 9
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Software
  • FinTech
  • E-Commerce
  • Information Technology
  • Financial Services
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.

Read more

Funds with similar focus

Funds from United Kingdom
Funds with similar focus located in United Kingdom:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Jow

Apps
E-Commerce
Food and Beverage
Grocery
Shopping
$13M08 Feb 2024 Paris, Ile-de-France, France

Finom

Financial Services
FinTech
$59M17 Jan 2024 Amsterdam, North Holland, Netherlands

Salus Mental

Health Care
$4M20 Nov 2023 -

Defacto

B2B
Credit
E-Commerce
FinTech
Information Technology
Lending
$11M14 Nov 2023 Paris, Ile-de-France, France

Solvimon

Finance
Payments
Software
$10M13 Nov 2023 -

Era Finance

Apps
Financial Services
Service Industry
$3M09 Nov 2023 San Francisco, California, United States

Rayon

Apps
Architecture
Interior Design
Software
$4M27 Sep 2023 Paris, Ile-de-France, France

Quench

Content Creators
Social Media
Video
$5M24 Jul 2023 London, England, United Kingdom

Bedrock Ocean Exploration

Artificial Intelligence
Big Data
Marine Technology
Robotics
Software
$25M12 Jul 2023 New York, New York, United States
News
Spring Health Scores $190M Series C Round

– Spring Health, the most comprehensive global mental health solution for employers and health plans, has secured $190m in Series C funding.
– Top healthcare investor Kinnevik led the round and was joined by new investor The Guardian Life Insurance Company of America (Guardian Life), along with existing investors Tiger Global, Northzone, RRE Ventures, Rethink Impact, Work-Bench, William K Warren Foundation, SemperVirens, Able Partners, and True Capital Ventures.
– The company’s total investment to date is $300m, bringing the company’s current valuation to $2bn on the heels of approximately 6x revenue growth over the past year.

Fintech startup SellersFunding raises $166.5M in equity, credit round to support e-commerce sellers

– SellersFunding secured $166.5m in a combination of Series A equity funding and a credit facility.
Northzone led the round and was joined by Endeavor Catalyst and Fasanara.
– The company created a digital platform that delivers financial tools and resources to streamline global commerce for thousands of marketplaces, including working capital, cross-border cash management, tax solutions and business valuation.
– The company has consistently grown 300% year over year.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Northzone?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 295
Average round size 43M
Rounds per year 10.54
Peak activity year 2021
Lead investments 81
Follow on index 0.47
Exits 42
Group Appearance index 0.89

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Jow

Apps
E-Commerce
Food and Beverage
Grocery
Shopping
$13M08 Feb 2024 Paris, Ile-de-France, France

Finom

Financial Services
FinTech
$59M17 Jan 2024 Amsterdam, North Holland, Netherlands

Salus Mental

Health Care
$4M20 Nov 2023 -

Defacto

B2B
Credit
E-Commerce
FinTech
Information Technology
Lending
$11M14 Nov 2023 Paris, Ile-de-France, France

Solvimon

Finance
Payments
Software
$10M13 Nov 2023 -

Era Finance

Apps
Financial Services
Service Industry
$3M09 Nov 2023 San Francisco, California, United States

Rayon

Apps
Architecture
Interior Design
Software
$4M27 Sep 2023 Paris, Ile-de-France, France

Quench

Content Creators
Social Media
Video
$5M24 Jul 2023 London, England, United Kingdom

Bedrock Ocean Exploration

Artificial Intelligence
Big Data
Marine Technology
Robotics
Software
$25M12 Jul 2023 New York, New York, United States
Crunchbase icon

Content report

The following text will be sent to our editors: