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Nexit Ventures

Europe, Southern Finland, Finland, Helsinki

Description

Nexit Ventures is a Helsinki-based venture capital firm with an additional office in Palo Alto, California, specializing in investments in European and US technology companies. Established in 1998, the firm primarily targets digital disruption, focusing on B2B software, SaaS, cloud computing, cybersecurity, AI/ML, and IoT sectors. Their core strategy revolves around identifying companies with global potential, particularly those ready to scale internationally, often acting as a "cross-Atlantic bridge" for European firms seeking to expand into the US market.

Nexit Ventures typically invests in Series A and B rounds, seeking companies that have demonstrated initial traction and are poised for significant growth. Their historical initial investment size has ranged from €2 million to €5 million, aiming to support companies through critical development and market expansion phases. The firm emphasizes a hands-on approach, leveraging its extensive network and operational expertise to assist portfolio companies in achieving their strategic objectives and international scaling.

Nexit Ventures has managed several funds, with Nexit Infocom III being their most recently publicized fund, which closed at €70 million in 2008. This fund, along with previous vehicles like Nexit Infocom I and II, has supported a portfolio of over 30 companies, resulting in more than 10 reported exits. While the firm's website outlines its investment thesis and historical check sizes, the public information suggests that new fundraises or significant new investment activity from a fresh fund have not been widely announced since the closing of Infocom III. This indicates that the firm may be primarily focused on managing its existing portfolio and realizing returns from its older funds.

Investor Profile

Nexit Ventures has backed more than 32 startups, with 1 new investments in the last 12 months alone. The firm has led 19 rounds, about 59% of its total and boasts 13 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series B, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Finland, Denmark.
  • Strong thematic focus on Software, Mobile, Wireless.
  • Led 1 rounds in the past year.
  • Typical check size: $2.2M – $5.4M.

Stage Focus

  • Series Unknown (31%)
  • Series B (25%)
  • Series A (16%)
  • Series C (13%)
  • Series D (6%)
  • Seed (6%)
  • Post Ipo Secondary (3%)

Country Focus

  • United States (59%)
  • Finland (34%)
  • Denmark (3%)
  • Sweden (3%)

Industry Focus

  • Software
  • Mobile
  • Wireless
  • Messaging
  • Telecommunications
  • Voip
  • Web Hosting
  • Real Time
  • Enterprise Software
  • Cloud Data Services
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Nexit Ventures frequently co-invest with?

H.I.G. Capital
North America, Florida, United States, Miami
Co-Investments: 2
First Fellow Partners
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 3
Castile Ventures
North America, Massachusetts, United States, Wellesley
Co-Investments: 2
Noventi
North America, California, United States, Newark
Co-Investments: 4
3i Group
Europe, England, United Kingdom, London
Co-Investments: 4
SAIF Partners
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 2
Invesco
North America, Georgia, United States, Atlanta
Co-Investments: 2
Palo Alto Investors
North America, California, United States, Palo Alto
Co-Investments: 3
Mobius Venture Capital
North America, Colorado, United States, Boulder
Co-Investments: 3
Selby Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 2

What are some of recent deals done by Nexit Ventures?

Aino Health AB (publ)

Stockholm, Stockholms Lan, Sweden

Aino Health AB (publ) is a leading solution provider in Corporate Health Management company.

Health CareInformation ServicesInformation Technology
Post Ipo SecondaryNov 18, 2024
Boksi

Helsinki, Southern Finland, Finland

Bridging brands and the creator economy.

AdvertisingAdvertising PlatformsContent CreatorsMarketing
Series AOct 19, 2023
Amount Raised: $7,410,568
HDmessaging

Burlingame, California, United States

HD Messaging offers an API that enables mobile device OEMs, network operators, and app developers to build white label messaging services.

Cloud StorageDeveloper APIsLocation Based ServicesMessagingMobileSocial Network
Series UnknownNov 13, 2013
Amount Raised: $3,000,000
Rightware

Espoo, Southern Finland, Finland

Rightware provides graphical user interface solutions for in-mobile, automotive, and other embedded industries worldwide.

AutomotiveLinuxMobileReal TimeSoftware
Series BMay 14, 2013
Amount Raised: $5,200,000
Funambol

Foster City, California, United States

Funambol is the leading provider of white-label personal cloud solutions

Cloud Data ServicesMobileWireless
Series UnknownOct 9, 2012
Amount Raised: $5,750,000
Blyk

Helsinki, Southern Finland, Finland

Blyk is an ad-supported mobile phone network that offers text messaging and voice call services to brand operators.

AdvertisingApp MarketingMessaging
Series UnknownSep 13, 2010
Amount Raised: $21,873,898
Octoshape

Copenhagen, Hovedstaden, Denmark

Octoshape provides live and on-demand audio and video streaming technology and hosted radio solutions.

HardwareSoftware
Series UnknownJun 11, 2010
Amount Raised: $4,840,000
Rightware

Espoo, Southern Finland, Finland

Rightware provides graphical user interface solutions for in-mobile, automotive, and other embedded industries worldwide.

AutomotiveLinuxMobileReal TimeSoftware
Series AJan 7, 2010
Amount Raised: $4,293,866
Rightware - Benchmarking

Helsinki, Southern Finland, Finland

Rightware's benchmarking is focus extending its world leading position in automotive HMI solutions.

Consumer
SeedDec 31, 2009
Aava Mobile

Helsinki, Southern Finland, Finland

Aava Mobile is a mobile platform developer building customized open platforms for original design and equipment manufacturers.

ElectronicsMobileSoftwareTelecommunications
Series UnknownJun 3, 2009
Amount Raised: $4,249,942