preloader
7th Aug, 2019 ―― 5 min read

The next top 40+ Nordic Growth Startups

Thi Pham
Event & Marketing Manager

At the beginning of this year we founded  The Investor Series with the ambition of helping  Nordic startups raise Seed, Serie A and Series B rounds. Our aim at the end of the year is to help facilitate €150m into the best Nordic tech companies and now we’re happy to announce the next 50 top Nordic companies that will attend our 3rd Investor Series!

Our mission is to help educators create an environment in which students can learn life-skills that will make them successful in the 21st century – to elicit collaboration, improve multidisciplinary skills, develop a growth mindset and creative problem solving. We empower students to become active innovators and influencers who take initiative with confidence.
We provide schools and educational institutions with relevant contemporary content and game-like software that make learning engaging and fun. We achieve this by applying modern technology and new forms of learning.

Country: Finland / Homepage: www.3dbear.io
Founded: 2016 / Total Funding Amount: $2.8M

Airtight i a privately held company that engages in leakage monitoring, measuring and testing activities.

 

Country: Norway / Homepage:  www.airtight.ai

Founded: 2016 / Total Funding Amount: €2.5M

The world is facing some of the greatest challenges of modern life: a rapidly changing climate, urbanisation and a growing scarcity of natural resources.

We believe that the digital transformation of infrastructure owners and operators will be a game changer. Our ambition is to provide the best tool to make our clients even more resilient at a faster and more feasible rate.

 

Today, utilities and infrastructure owners and operators is experiencing increasingly critical issues, regardless of whether you are dealing with extreme rainfall, flooding, water pollution or water loss caused by poor infrastructure. Consequently, the utilities sector is constantly affected by environmental changes. Furthermore general infrastructure budgets are highly regulated and over time limited with respect to the massive refurbishment need in utility networks that will come within the near future.

 

Through our platform, we create the opportunity to understand new contexts and ultimately make future-proof decisions on a more informed basis.

 

Country: Denmark/ Homepage:  www.data-apex.com

Founded: 2018 / Total Funding Amount: N/A

ARYZE creates Digital Cash to make payments cheaper, faster and smarter. By digitizing sovereign cash in a full-reserve banking model we create an efficient, flexible, and compliant payment ecosystem allowing innovators to build solutions for the future. We seek to be inclusive, transparent and community based and as our blockchain solution will reduce the cost of transferring money to next to zero we help solve SDG #10

 

Country: Denmark/ Homepage:  www.aryze.io

Founded: 2017 / Total Funding Amount: $1.6M

Authenteq is an automatic identity verification and privacy platform which enables users to verify their identity and create their own sovereign digital IDs which are stored encrypted in a blockchain. Any personal user information is user owned and user controlled, and not accessible by anyone, including Authenteq itself.

 

With an Authenteq ID, users can choose to verify their identity, or parts of their identity to third parties using their claims verification API. IT supports both KYC implementations and identity claim verifications. The initial signup process takes under 60 seconds and is 100% automated, unless they already have an Authenteq ID in which case it takes under 3 seconds to verify their identity, without them needing to use a password.

 

Country: Norway / Homepage:  www.authenteq.com

Founded: 2015 / Total Funding Amount: $7.4M

Digitalisation is changing the way banking services are being consumed and, consequently, banks are losing their relevance in the eyes of young consumers.

 

We offer a set of microservices tailored to Millennials, which are designed to improve the user experience of our partners’ digital/mobile banking solutions. Our products have a proven track record of increasing consumer acquisition and engagement through personalisation, education and social sharing. The customisable microservices can be implemented as a white label mobile solution or through the integrated model using APIs or SDKs.

 

Country: Finland/ Homepage:  www.bankify.io

Founded: 2016 / Total Funding Amount: €400K

Blue Ocean Robotics invests resources and capital into the exponentially growing robotics industry at large through a carefully selected portfolio of robotic projects.
They incubate and take lead of the projects where they develop robotic products, commercialize and introduce the robots to the markets, and when the timing is right sell-, license- or spin-out the IPR, robots and related business-assets to new subsidiaries- or affiliated startup enterprises of ours (through equity/shares) or to existing companies in the market. After successful sell-, license- and spin-out Blue Ocean Robotics remains a closely interconnected strategic partner enabling synergies and leveraging from commercialization, international sales and development of the next generation robots.

 

Country: Denmark/ Homepage:  www.blue-ocean-robotics.com

Founded: 2013 / Total Funding Amount: $25.5M

Bookmundi is a tour booking platform which aggregates +12,000 tour packages in +130 countries, supplied by +1,000 curated international as well as local tour suppliers. We have a strategic focus on the multiday tour market and offer +1 million fixed group departures, 100% customizable private tours, and are currently taking on the international cruise market. If you’re a solo traveler looking to join a group tour anywhere around the world, a couple looking for the perfect honeymoon, or a family looking to book your next holiday, Bookmundi ought to be your next stop!

 

Country: Denmark / Homepage:  www.bookmundi.com

Founded: 2015 / Total Funding Amount: –

Surprise, we started out elsewhere. Our vision to change the way we learn was conceptualized based on CEO Sahra-Josephine Hjorth’s PhD research at Aalborg University, focusing on virtual learning environments, social media, and empowerment through learning.

 

Country: Denmark / Homepage:  www.canopylab.com

Founded: 2015 / Total Funding Amount: –

Covr Security meet the growing demand for highly secure, user-centric control over mobile security and digitized personal information.

 

Country: Sweden / Homepage:  www.covrsecurity.com

Founded: 2015 / Total Funding Amount: $3.6M

Dazzle Rocks is mobile games company in Helsinki. We are creating social MMO games that empower players to craft a captivating fantasy world together with an in-game community. You can explore massive living environments, gather and trade resources, and compete with other players – all in real-time. We are redefining what social gaming means on mobile.

Dazzle Rocks is backed and advice by the leading game industry investors and veterans, including Initial Capital, Spintop Ventures, byFounders, David Helgason, Peter Levin, Supersolid founders and Sisu Game Ventures.
Country: Finland / Homepage: http://www.dazzle.rocks

Founded: 2014 / Total Funding Amount: N/A

Defigo is the only smart building system designed for apartment buildings. We plug into the building infrastructure and control door locks, elevators, lights, ventilation and fire alarms, and provide users with one common user interface. We provide a wide range of smart and innovative services, provided by ourselves or through partners, that increase safety and convenience and reduce cost and hassle.

 

Country: Norway / Homepage:  www.defigo.no/en/

Founded: 2014 / Total Funding Amount: N/A

Diffia are the makers of Nimble. We have a strong team of medical professionals, engineers and business developers who want to help clinicians save time, so they can save more lives.

 

Country: Norway / Homepage: www.diffia.com

Founded: 2013 / Total Funding Amount:

Disruptive Technologies is a measurement and data delivery company. Disruptive Technologies develops wireless sensors communicating with the Internet and the sensors have unique characteristics in terms of size, range and battery capacity.

 

Country: Norway / Homepage:  www.disruptive-technologies.com

Founded: 2013 / Total Funding Amount: N/A

DoseSystm is a simple system that increases adherence and ensures medication on time. It provides support for the citizen, insight for the staff and peace of mind for the relatives. Today, DoseSystem helps citizens and staff in almost half of all Danish municipalities and in 5 countries. The system is primarily helping the following three groups.

Country: Denmark / Homepage: www.dosesystem.com

Founded: 2014 / Total Funding Amount: N/A

Dixa is The Customer Friendship Platform that helps brands build stronger bonds with their customers and eliminate bad customer service through unifying all communication channels and customer data in one platform. This enables agents to help customers faster and have more meaningful conversations resulting in a better overall customer experience. Our conversational customer engagement software supports ongoing conversations between brands and their customers across email, phone, chat and messaging in real-time.

 

Country: Denmark / Homepage:  www.dixa.com

Founded: 2015 / Total Funding Amount: $16.9M

DrugStars are on a mission to improve the lives of users of medicine and establish a dialogue between patients and the pharmaceutical industry. Until now, there has been no united global voice of patients on pharmaceuticals. As the first platform allowing patients to report on their experience with their medication, DrugStars is changing this, effectively becoming the TrustPilot for medicin and pharmaceuticals.

 

Country: Denmark / Homepage:  www.drugstars.com

Founded: 2016 / Total Funding Amount: $3.2M

Folio is the bank account that does your accounting for you. It is a financial hub for SMEs which does away with the cost and anxiety that accompanies financial admin in a traditional workflow. Our greater mission is to give entrepreneurs the confidence to start and grow a business.

 

Country: Norway / Homepage:  www.folio.app

Founded: 2017 / Total Funding Amount: $2.7M

FRISQ is an innovator in e-Health providing valuable services and access to healthcare information with the goal to empower patients and their relatives.

 

Country: Sweden / Homepage:  www.folio.app

Founded: 2009 / Total Funding Amount: $17.99M

Greenely is an energy management tool ans app where households will be able to get an overview of their energy consumption.

 

The company aims to transform the utility-customer relationship and motivate people to save energy. Their algorithms and innovative user interface help households see the vast potential in their energy data, gives actionable insights and makes energy saving more fun.

Country: Sweden / Homepage:  www.greenely.se

Founded: 2014 / Total Funding Amount: $3.4M

Gleechi have developed the first commercial software solution to create hand motion that can interact in real-time. The software enables free and natural hand interaction games and virtual reality and makes real-time interaction for robot hands possible. The core competences and technologies are centered around advanced computer vision and machine learning algorithms.

 

Gleechi AB has been awarded Super Startup of year by Veckans Affärer and ALMI Invest, won the european competition EIT Digital Idea Challenge, and been awarded the startup of the year by STING (Stockholm Innovation & Growth).

 

Country: Sweden / Homepage:  www.gleechi.com

Founded: 2014 / Total Funding Amount: $3.6M

HOLD are engaging a generation of digital natives to ‘make it happen’ by rewarding them for putting down their phones and focusing on what’s important in their lives. Users accumulate points for the time they spend offline, which they then redeem for exclusive products, perks and experiences —driving positive, long-term habits over time. Within the first 18 months, Hold onboarded 40% of its initial target population in Norway, and have some of the largest brands in the world on the client list, such as Coca-Cola, 7-Eleven, Disney and Sky.

Country: Norway / Homepage:  www.hold.app

Founded: 2015 / Total Funding Amount: $880K

Country: Denmark / Homepage:  www.houseofcosmetics.dk/?lang=en

Founded: – / Total Funding Amount:

Our aim is to help create that magical experience for our hotels’ guests – using the digital guest journey as a footprint to enhance every digital touch-point in the guests’ path – be it the branded App, great and secure Wi-Fi, fast and stable networks, an amazing connected-TV experience, the very latest in voice-control, and much more.

Country: Sweden / Homepage:  www.innspire.com

Founded: 2012 / Total Funding Amount: $2.16M

Kaiku Health is a digital health company aiming to improve the quality of life of cancer patients. Our pioneering platform provides patient-reported outcome monitoring and intelligent symptom tracking helping cancer clinics to provide optimised care through timely symptom management. Kaiku Health is used in routine care by over 60 clinics and hospitals and includes modules for over 25 different cancer types and all cancer treatments.

Country: Finland / Homepage:  www.kaikuhealth.com

Founded: 2012 / Total Funding Amount: $6.6M

Learningbank helps companies onboard, train and support employees to raise engagement, reduce time to performance and increase employee retention. The platform equips Human Resources & Leaders with new capabilities to enable a learning ecosystem & transform training into engaging, relevant and effective key learning experiences to ensure their employees thrive & grow.

Country: Denmark / Homepage:  www.learningbank.dk/

Founded: 2015 / Total Funding Amount: €1.87M

Lifekeys is a mental health tech company providing data driven and accessible psychological solutions to businesses and individuals.

Lifekeys aims to be the leading provider of online mental health solutions in Europe.

Country: Norway / Homepage:  www.lifekeys.no

Founded: 2016-17 / Total Funding Amount: €100K

At Lix, we’re passionate about learning. Not that we’re a bunch of nerds; we’re just all students – currently or formerly enrolled. Our fairly young team is a blend of experienced heads and raw minds who all agree, that the coffee brewer is the most appreciated piece of machinery at our office.

 

We also share a common feeling that studying is too troublesome: textbooks are heavy weight, a financial horror, time-consuming to acquire, and not in sync with technology. That’s why Lix happened.

 

 

Besides solving the practical aspects mentioned just before, we envision Lix as the game changer within learning platforms.

Country: Denmark / Homepage:  www.lix.com

Founded: 2015 / Total Funding Amount: $8.5M

LogPoint delivers the most flexible and easy to use platform for collecting, analyzing, and monitoring your machine data.

Country: Denmark / Homepage:  www.logpoint.com

Founded: 2001 / Total Funding Amount: $10M

Lorenz Technology works with drone monitoring security / inspection tasks in particular industrial and port areas.

Country: Denmark / Homepage:  www.lorenztechnology.com/en/

Founded: 2017 / Total Funding Amount: N/A

Poor wayfinding leads to confusion, frustration, and time waste, which result in loss of revenue for venue owners and loss of productivity for management.

 

 

MapsPeople specializes in indoor wayfinding that creates high value for end-users and provides businesses with important insights. With their unique generic indoor navigation platform (proprietary software). MapsPeople equips users with turn-by-turn navigation and a clear overview of the spaces and points of interest.

Country: Denmark / Homepage:  https://www.mapspeople.com

Founded: 1997 / Total Funding Amount: N/A

MaaS is short for Mobility as a Service, and it’s bringing all your means of travel to one easy place. MaaS Global is the world’s first true MaaS operator, and with our award-winning Whim app we’re set to make the biggest change in transport since cars became widely affordable.

 

Whim, the first all-inclusive MaaS solution commercially available on the market, gives its users all city transport services in one step, letting them journey where and when they want with public transport, taxis, bikes, cars, and other options, all under a single subscription. Read more about Whim.

Country: Finland / Homepage:  www.maas.global

Founded: 2015 / Total Funding Amount: €21.1M

World’s leading subscription management platform – ready to integrate with retail banks.

 

 

We are building a subscription management platform. With a single click you can manage any kind of subscription, meaning that you can cancel you phone subscription or gym membership with a single click, nor more calls to phone support!

Country: Sweden / Homepage:  www.minnatechnologies.com/

Founded: 2014 / Total Funding Amount: $6.2M

Nofence Grazing technology – The future of fencing – Virtual fencing of livestock has been a concept long discussed in academia. The Norwegian agtech startup Nofence has since 2011 developed and patented a solution for virtual fencing that has proven to work. The customers say that this will become a real gamechanger for livestock management since pastures can easily be defined by a few clicks on a tablet/smartphone. The herd is then safely fenced in and can be monitored. The system will send notifications if something happens. For the global food security perspective, this solution will make it much easier to utilize the uncultivated land for varied and healthy pasture, and make it possible to produce more food on cultivated land.

Country: Norway / Homepage:  www.nofence.no/en

Founded: 2011 / Total Funding Amount: €5.91M

Northfork is an online personal assistant for groceries, integrated with retailers.

Country: Sweden / Homepage:  www.northfork.ai

Founded: 2014 / Total Funding Amount: N/A

Oivienables retinal screening at primary care.

 

We are developing an easy and affordable AI-camera and platform that will identify, track and manage diabetic eye-disease. ​ Oivi is short for opto-intelligent vision, designed to provide eye-care for all.

Country: Norway / Homepage:  www.oivi.co

Founded: 2015 / Total Funding Amount: N/A

By combining the best of these two worlds, we help the oil industry to digitalize. By using our well planning software, engineers will be able to design cost-efficient, safe and effective oil wells. Oliasoft WellDesign™ is a modern Integrated Cloud Engineering (ICE). Instead of trying to make all the existing systems work together, we built it all from scratch. So that you can login from any browser, using the operating system you chose, and collaborate with your colleagues anywhere in the world, in real time.

Country: Norway / Homepage:  www.oliasoft.com/

Founded: 2015 / Total Funding Amount: N/A

Oneflow makes business as simple as a handshake. Oneflow is an e-contract platform – the new generation of the e-signing solution. Unlike e-signature technology, which focuses on the signing step in the workflow, e-contract automates the entire contract workflow from start to finish. Save time, work smarter.

Country: Sweden / Homepage:  www.oneflow.com

Founded: 2012 / Total Funding Amount: $3.5M

Payr is an award-winning financial tech company and our mission is simple: to improve peoples financial lives We help our users live more fulfilling lives and create product experiences that people love using science, psychology and technology Our mobile banking app gives users control and financial wellness. Our marketplace reinvents their relationship with products, then pair them with better-suited service providers.

Country: Norway / Homepage:  www.payr.no

Founded: 2016 / Total Funding Amount: $4.2M

Penni provides a full-stack solution for digital insurance distribution.

 

Our mission is to make insurance easier to understand and more accessible to everyone.

Country: Denmark / Homepage:  www.penni.io

Founded: 2016 / Total Funding Amount: N/A

Proper help property owners manage their properties, properly.
Through Proper’s platform the services of property management are completely digitalized and automated, reducing mistakes and cost for both the owner and the tenant.
Making property management something that just happens, properly.

 

Country: Denmark / Homepage: www.helloproper.com

Founded: – / Total Funding Amount: €560K

Red Flag develops an automated accounting, expenses, and invoicing platform for SMEs.

Country: Sweden / Homepage:  www.redflag.se

Founded: 2016 / Total Funding Amount: $7.9M

SafetyWing builds a global safety net for online freelancers. SafetyWing is currently offering a travel medical insurance for digital nomads.

 

The company’s mission is to help people who are considering becoming nomads take the first step by providing an affordable, comprehensive and global insurance, as well as knowledge sharing and resources. SafetyWing makes the transition to location independence easier for new members of our community.

Country: Norway / Homepage:  www.safetywing.com

Founded: 2017 / Total Funding Amount: $4.1M

In the era of digitalization, property owners like cities and real estate companies need to re-gain the ownership of data to become datadriven and effectively implement automation and processes to stay competitive and offer value services to customers, tenants and citizens.

 

Sensative develops the “operating system” that transforms both business models and the tech arcitecture from verticals to a horizontal model in a similar way as Android did for smart phones. Y

 

ggio is the IoT middleware platform based on FIWARE Orion to provide a single standard API to the city/building connecting all sensors, actuators, control systems and other data sources and acting as a data broker between devices, users and service providers and as a IoT datastorage for the property owner for advanced analysis. Sensative has also a portfolio of very discreet wireless sensors for property control with a superior battery life of 10 years or more. The sensors are marketed under the brand name Strips and can monitor doors/windows, temperature, ambient light, humidity, water leakage and more and support Z-Wave, ZigBee and LoRa protocols.

Country: Sweden / Homepage:  www.sensative.com

Founded: 2013 / Total Funding Amount: €1M

SKIDOS is building the “Netflix of learning games” for 4-11 years old kids to practice math, coding & early English skills by converting popular mobile games into learning games using their proprietary SDK (Software Development Kit). SKIDOS offers a freemium subscription model for parents to get unlimited access to all games & learning content for their kids.

Country: Denmark / Homepage:  www.skidos.com

Founded: 2015 / Total Funding Amount: $1.2M

Steven is a mobile application for group payments that settle debts between people.

Country: Sweden / Homepage:  www.getsteven.com

Founded: 2016 / Total Funding Amount: $2.4M

SOUNDBOKS started out as a quest to create the worlds loudest Bluetooth speaker, and deliver epic experiences all over the world. Today, SOUNDBOKS has created a new category in the market, while building the loudest lifestyle experience platform strongly engaged by its rapidly growing community.

 

Country: Denmark / Homepage: www.SOUNDBOKS.com

Founded: 2015 / Total Funding Amount: €5.4M

Tipser empowers publishers to seamlessly monetize content via ecommerce, with a proven potential surpassing advertising revenues.

 

Unlike affiliate links, Tipser keeps all traffic on the publishers site, and provides both self-service product onboarding and an embeddable inventory of more than 1,000 brands. Since the transaction takes place straight on the publishers site, conversions are 3-10 times better than affiliate links, with commissions around 30% compared to 5-12% from affiliates.

Country: Norway / Homepage:  www.tipser.com

Founded: 2015 / Total Funding Amount: €5.6M

Toitware make it easier to develop, deploy, secure, maintain and distribute apps with a modern software platform.

Country: Denmark / Homepage:  www.toitware.com

Founded: 2018 / Total Funding Amount: €5.6M

Treon is a product company in the business of offering intelligent IOT products and solutions and custom design services for connected devices. Their customer base is global and in multiple industry verticals. They specialize in highly integrated industrial design led products utilising mobile industry technologies where their founders have a very strong backround in new mobile innovations.

Country: Finland / Homepage:  www.treon.fi

Founded: 2016 / Total Funding Amount: $1.1M

Valossa providers video recognition and content intelligence software platform for businesses working with video. Video recognition software is available as a SaaS service and on-premise software solutions. Valossa AI technology combines multimodal video analysis and recognition with high level semantic inferencing to make sense of video content data. Valossa builds computer software that sees, hears and profiles video content based on its semantic information.

 

Valossa is a Finnish company founded in 2015 as a university spin-off. It uses latest machine learning technologies to interpret video content like human does.

Country: Finland / Homepage:  www.valossa.com

Founded: 2015 / Total Funding Amount: $2.7M

Optimise procurement through transparency in data and benchmarking.

Over the past few years, there has been a significant shift in the way data is perceived. Most companies start to see the importance of their data and how to benefit from it. We do this in the procurement stage. Verum digest and structure data that provides a multitude of opportunities.

Country: Denmark / Homepage:  www.verumg.com/

Founded: 2018-2019/ Total Funding Amount: N/A

Voxo enables efficiency, compliance and client insight in financial advisory through voice conversation parsing and analytics.

Country: Sweden / Homepage:  www.voxo.ai

Founded: 2015 / Total Funding Amount: N/A

Worksome is the future platform where companies and onsite, white-collar talents meet in the new flexible world of work.

Country: Denmark / Homepage:  www.worksome.com

Founded: 2016 / Total Funding Amount: $2.1M

Yetitablet is the most intuitive, versatile and high-performance giant tablet. What makes it special is its open Android OS, a high-performance hardware and curated applications for different industries like healthcare, education, construction, business and tourism. With the Yetitablet they enable their customers to learn, play, communicate and collaborate more efficiently.

Country: Finland / Homepage:  www.yetitablet.com

Founded: 2015 / Total Funding Amount: €1.1M