
Verdane
Description
Verdane is a prominent European growth equity firm, headquartered in Oslo, Norway, with additional offices across Northern Europe. The firm specializes in providing flexible growth capital to fast-growing businesses within three core thematic areas: digital consumer, software, and sustainable society. Verdane's investment philosophy centers on partnering with ambitious management teams to accelerate growth, often through international expansion and strategic operational enhancements. They are known for their deep sector expertise and a hands-on approach to value creation.
Verdane typically targets companies that are already profitable or nearing profitability, with significant potential for further scaling. Their investment strategy often involves taking majority or significant minority stakes, providing substantial capital injections to fuel expansion. A key aspect of their approach is the "Verdane Way," which emphasizes active ownership and leveraging their extensive network and operational expertise to support portfolio companies. This includes assisting with M&A strategies, digital transformation, and sustainability initiatives.
The firm manages significant capital, enabling large-scale investments. For instance, Verdane Edda III, one of their recent funds, closed at €1.1 billion (approximately $1.2 billion), demonstrating their capacity for substantial commitments. Verdane's typical first cheque sizes range from approximately €20 million to €200 million per company, translating to roughly $21.6 million to $216 million based on prevailing exchange rates. This positions them firmly in the growth equity space, targeting established businesses ready for their next phase of expansion rather than early-stage ventures. Their focus on sustainability is also notable, with a dedicated "sustainable society" theme reflecting a commitment to impact alongside financial returns.
Investor Profile
Verdane has backed more than 123 startups, with 1 new investments in the last 12 months alone. The firm has led 56 rounds, about 46% of its total and boasts 24 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Private Equity, Series B rounds (top funding stages).
- Majority of deals are located in Sweden, Norway, Germany.
- Strong thematic focus on E-Commerce, Software, Information Technology.
- Led 1 rounds in the past year.
- Typical check size: $21.6M – $216M.
Stage Focus
- Series Unknown (58%)
- Private Equity (20%)
- Series B (5%)
- Series A (5%)
- Series C (5%)
- Series E (2%)
- Seed (2%)
- Undisclosed (1%)
- Pre Seed (1%)
- Corporate Round (1%)
Country Focus
- Sweden (45%)
- Norway (18%)
- Germany (12%)
- Finland (7%)
- Denmark (7%)
- United States (5%)
- United Kingdom (3%)
- The Netherlands (2%)
- Austria (1%)
- Ireland (1%)
Industry Focus
- E-commerce
- Software
- Information Technology
- Retail
- Saas
- Internet
- Fashion
- Lifestyle
- Analytics
- Information Services
Frequently Asked Questions
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