Alliance VC — Full Portfolio

Ciloo is a platform for managing branded products (promotional items and print materials) through on-demand and local production across 30 countries, enabling companies to reduce costs, waste, and carbon emissions while maintaining brand compliance.

Circular EconomyClimate TechDirect to ConsumerE-commerceEnterprise SoftwareSaaS

Richard Benesti(Co-Founder and CEO)Christian Sæterhaug(Co-Founder and CRO)

Co-investorsAlliance Venture

Encore is a backend development platform that lets developers declare cloud infrastructure directly in application code, run a local environment mirroring the cloud, and automatically provision production infrastructure in their own AWS or GCP accounts.

Cloud ComputingDeveloper ToolsSaaSStockholm, SE

Marcus Kohlberg(Founder)inAndré Eriksson(Founder)

Co-investorsESSENCE VCKleiner PerkinsAlliance VentureCrane Venture PartnersDig Ventures Management LimitedEssence Venture Capital

Fika Jobs runs video conversations with an AI agent to build a candidate profile that goes beyond a CV, then matches job seekers with companies based on salary, culture, and other parameters.

AI & Machine LearningHR TechMarketplaces

Co-investorsLuminar VenturesAlliance VentureWave Ventures

Reusable/deposit-based takeaway packaging company reducing environmental impact.

Co-investorsAlliance Venture

AI and robotics company producing humanoid androids.

1X is an AI and robotics company developing general-purpose humanoid robots for home and industrial use.

AI & Machine LearningConsumerHardwareRoboticsPalo Alto, US

Bernt Øyvind Børnich(CEO)Bernt Børnich(Founder)in

Co-investorsAlliance VentureEQT VenturesSamsung NextSandwaterSkagerak CapitalSprettert+8 more

3D Perception develops simulation visual display systems for aerospace, defense, and commercial applications across land, air, sea, and space environments.

Deep TechDefense TechHardwareUnited States / Norway, US

Knut Krogstad(Founder & CEO)

Co-investorsAlliance VentureVenturEastYourNest Venture Capital

AlexisHR provides an AI-powered HRIS and chatbot that gives HR teams, managers, and employees conversational access to people data, handbook information, and HR processes through tools like Slack and Teams.

AI & Machine LearningHR TechSaaS

Co-investorsAlliance VentureSpintop Ventures

AllClear ID Health provides patient identity management solutions for healthcare providers using mobile IDs and EHR integrations to eliminate patient record mismatching and enable digital health innovation.

AI & Machine LearningCybersecurityDigital HealthHealthtechAustin, US

Jamie May(Executive Officer, Director)Christine Mallory(Executive Officer)James Holland(Executive Officer, Director)

BoardSean Dempsey(Director)John Long(Director)

Co-investorsAlliance VentureMerus CapitalRunway Growth Capital

Grunt AI is an intelligent automation platform that generates presentations and transforms data into visual slides for users seeking to create content faster.

AI & Machine LearningEnterprise SoftwareMarketing Tech

Co-investorsAlliance Venture

APEXX Global operates a payment orchestration platform that connects enterprise and high-growth merchants to global acquirers, payment providers, digital wallets, and BNPL options through a single API.

Enterprise SoftwareFintechSaaS

Peter Keenan(Founder)in

Co-investorsAlliance VentureFinch CapitalMMC VenturesMolten VenturesAlliance Ventures

Aprila Bank ASA is a financial technology company that provides API-based lending and financial products to small and medium-sized businesses and retail customers in Norway.

FintechNorway, NO

Espen Engelberg(CFO)

Co-investorsAlliance VentureFJ Labs

Aquabyte develops an AI-powered platform combining computer vision and machine learning to monitor fish health, welfare, behavior, and biomass for aquaculture farms at sea and on land.

AgTechAI & Machine LearningIoTNorway, NO

Co-investorsAlliance VentureGraphene VenturesStruck CapitalAlaya CapitalArcTern VenturesCostanoa Ventures+1 more

Gilion provides non-dilutive debt funding of €0.5–5m to European startups, with interest-only payments for the first two years followed by a four-year repayment period.

AI & Machine LearningFintechSaaS

Co-investorsAlliance VentureEmblemKima Ventures

Arm is a semiconductor company that designs and licenses processor IP and compute platforms used from edge devices to AI data centers, spanning markets such as data centers, automotive, and general computing.

AI & Machine LearningDeep TechHardwareSemiconductorsCambridge, GB

Rene Haas(Chief Executive Officer & Board Member)Spencer Collins(Chief Legal Officer & Company Secretary)

Co-investorsSoftBank GroupAlliance VentureSoftBank Vision FundStrategxy Ventures LLCLB InvestmentMaverick Silicon

Arundo builds AI-driven software for asset-heavy industrial operations, offering both cloud-delivered SaaS applications and tailored end-to-end solutions built on its Arundo Foundation technology stack.

Advanced ManufacturingAI & Machine LearningSaaS

Co-investorsAlliance Venture

Axia offers software for warehouse and logistics operations, including a warehouse management system (WMS), transport management system (TMS), shipping/dispatch organization, and outbound goods control.

Enterprise SoftwareLogistics & Supply ChainSaaS

Co-investorsAlliance Venture

Bits provides a compliance platform for regulated financial companies, covering KYB, KYC, AML risk scoring, transaction monitoring, ongoing due diligence, and case management.

AI & Machine LearningFintechSaaSStockholm, SE

Fredrik Eriksson(Founder)Jonatan Klintberg(Founder)Robin Lantz(Founder)

Co-investorsAlstin CapitalAlliance VentureUnusual VenturesFin Capital

Boost.ai provides a conversational AI platform offering chat and voice virtual agents with generative and agentic capabilities for enterprises in regulated industries.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investorsAlliance Venture

ShiftX is a process management tool that lets teams map, document, and improve business processes by turning people, systems, and other actors into reusable components.

Enterprise SoftwareFuture of WorkSaaS

Co-investorsAlliance VentureSkagerak Capital

Cornerstone offers Workforce AI, a platform for workforce readiness that combines learning, skills mapping, mentoring, and AI agents to help organizations reskill employees and close skills gaps.

AI & Machine LearningEnterprise SoftwareFuture of WorkHR TechSaaS

SquareTrade, part of Allstate Protection Plans, sells product protection plans and extended warranties covering consumer devices and household goods such as smartphones, appliances, TVs, and furniture.

ConsumerInsurTechRetail Tech

Co-investorsAlliance VentureSavano Capital Partners

Co-investorsAlliance Venture

Co-investorsAlliance Venture

Co-investorsAlliance Venture

Capnia offers the CoSense ETCOc Monitor, a non-invasive breath test that measures end-tidal carbon monoxide to detect and quantify hemolysis and bilirubin production in newborns.

Digital HealthHardwareMedical Devices

Anthony E. Burgos(Co-Founder and President of Bilitool, Inc.)

Co-investorsAlliance Venture

Cognite provides industrial AI software that uses data contextualization to unify fragmented industrial data and scale AI-driven workflows across industrial operations.

Advanced ManufacturingAI & Machine LearningData & InfrastructureEnterprise SoftwareLogistics & Supply Chain

Co-investorsAccelAlliance VentureTCV

Confirmit (Forsta) offers an AI-powered human experience platform that collects and connects data to generate insights and recommended actions, serving brands across industries.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investorsAlliance VentureSkagerak Capital

DeckMatch (AlphaLens) provides a deal-flow platform for venture investors that ingests pitch decks and documents from email, web forms, uploads, a Chrome extension, or API and uses vision LLM technology to parse them into structured company records.

Co-investorsAlliance VentureLuminar VenturesFirst Degree CapitalSkyfall Ventures

Endform is a platform designed to accelerate Playwright end-to-end tests in CI/CD pipelines, enabling teams to run hundreds of tests in parallel without infrastructure overhead.

Cloud ComputingDeveloper ToolsSaaS

Co-investorsAlliance Venture

Enode provides APIs that connect and optimize distributed energy devices such as EVs, chargers, home batteries, solar panels and heat pumps, giving energy companies a single integration to build energy and flexibility products.

Climate TechDeveloper ToolsEnergyIoT

Henrik Langeland(Founder)in

Co-investorsCreandumLowercarbon CapitalAlliance VentureBoxGroupSkyfall Ventures

Equality Check offers a DEIB (diversity, equity, inclusion, and belonging) platform that combines employee surveys with anonymous demographic mapping and analytics to help companies diagnose workplace issues and act on them.

Future of WorkHR TechSaaS

Marie(Founder)

Co-investorsAlliance Venture

Eventum is a Norwegian online platform for finding and booking event venues, meeting rooms, conference and party locations, experiences and event services, letting users compare venues by location, capacity, facilities and price and send non-binding requests directly to the venue.

ConsumerMarketplacesSaaS

Co-investorsAlliance Venture

Fuse builds and operates custom digital products for companies, offering an integrated platform covering data management (Studio), mobile apps, payments, web apps, user-engagement automation, and end-to-end hosting and maintenance.

Developer ToolsEnterprise SoftwareSaaSOslo, NO

Co-investorsAlliance Venture

General Intuition is an AI research organization focused on developing general artificial intelligence through learning and play-based approaches, utilizing game environments and reinforcement learning to teach machines perception, anticipation, and real-world reasoning capabilities.

AI & Machine LearningDeep Tech

Vincent Micheli(Co-founder)inPim de Witte(Co-founder)in

Co-investorsActivant CapitalAlliance VentureBackedBascom VenturesCastor Ventures (an Alumni Ventures Fund)Chapter One+10 more

Gilion provides non-dilutive debt financing to European startups, offering loans of €0.5–5m with flexible repayment terms and AI-powered underwriting.

AI & Machine LearningEnterprise SoftwareFintechSaaSStockholm, SE

Co-investorsAlliance Venture

Globus provides an AI Agent applicant tracking system (ATS) for staffing and recruitment agencies, with agents that automate workflow steps such as vacancy management, shortlisting, screening, scheduling, and compliance while keeping recruiters in control.

AI & Machine LearningHR TechSaaSPalo Alto, US

Helge Bjorland(Executive Officer, Director)

Co-investorsAlliance Venture

Grunt automates the creation and updating of presentation slides and charts, enabling professionals to reduce manual work and focus on strategic storytelling.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaS

Co-investorsAlliance VentureBoldcapFoundation CapitalGaia Ventures

Finnish neighborhood home-care platform offering a tech-enabled alternative to traditional elderly home care.

Co-investorsAlliance VentureIcebreaker

Co-investorsAlliance Venture

Hemi is a specialized private clinic for diagnosing and treating headache disorders — including migraine, tension headache, cluster headache, concussion, and whiplash-related symptoms — in both children and adults.

Digital HealthHealthtechWellness & FitnessFrederiksberg, DK

Co-investorsAlliance VentureSondo CapitalCrowberry Capital

HEMI provides a proprietary clinical AI platform serving hospitals, clinicians, and patients across Southeast Asia, with particular strength in Malaysia.

AI & Machine LearningDigital HealthEnterprise SoftwareHealthtechLondon, GB

Dr. Ezam Mat Ali(Founder & CEO)Lilyana Abdul Latiff(Co-Founder and Chief Technology Officer)Dr. Saifol Bahri Shamlan(Co-Founder and Chief Financial Officer)Hemy Sorfina Halim(Co-Founder and Chief Marketing Officer)

Co-investorsCrowberry CapitalSondo Capital

IndyKite builds a system of intelligence that provides real-time contextual data access and retrieval for enterprise applications and AI agents, enabling intelligent decision-making across complex digital environments.

AI & Machine LearningCloud ComputingCybersecurityData & InfrastructureEnterprise SoftwareInsurTechSan Francisco, US

Lasse Andresen(Founder and CEO)

Co-investorsAlliance VentureMolten Ventures

InVision was a New York-based digital product design and collaboration software company; its domain now resolves to Miro.

AI & Machine LearningFuture of WorkSaaSNew York City, US

Co-investorsAccelAlliance VentureAtlassian VenturesEscalate Capital PartnersGeodesic CapitalICONIQ

Kvist offers an AI-based platform that drafts descriptions and identifies outstanding tasks for environmental requirements, helping construction and property teams collect and report sustainability data across a building portfolio.

AI & Machine LearningClimate TechPropTech

Co-investorsAlliance Venture

Lace develops chip patterning technology for semiconductor manufacturing.

Advanced ManufacturingDeep TechSemiconductorsBergen, NO

Adrià Salvador Palau(Founder)

Co-investorsAlliance VentureFuture VenturesLinse CapitalM12 (Microsoft's Venture Fund)Vsquared Ventures

Lightbringer is a SOC 2 Type 2 compliant service provider that describes its data security and privacy practices, including encryption, access controls, and monitoring for customer data.

AI & Machine LearningCybersecurityLegalTechSaaS

Dominic DaviesMarkus AndreassonOla Wassvik

Co-investorsAlliance VentureInception FundLuminar VenturesNewion6 Degrees Capital

Medal is a free software application for recording, editing, and sharing gameplay highlights on PC and mobile.

Creator EconomyGamingHealthtechSan Francisco, US

Andrew McMurry(Executive Officer, Director)

BoardDaniel Kaminsky(Director)

Co-investorsAlliance VentureAlpha EdisonHorizons VenturesJoyance PartnersOMERS VenturesRidge Ventures+2 more

Mobile game clip sharing company; acquired by Medal.tv.

Co-investorsAlliance Venture

Co-investorsAlliance Venture

Mjuk is an e-commerce retailer offering products to consumers across EU markets, with dedicated storefronts for Finland and Sweden.

Direct to ConsumerE-commerce

Co-investorsAlliance VentureLifeline VenturesSuperhero CapitalTrind Ventures

Nevion builds IP, virtualization, and cloud-based media transport and processing products for broadcasters, including video compression codecs (Virtuoso), broadcast orchestration and control software (VideoIPath), and a cloud-native media processing platform supporting SMPTE ST 2110 workflows.

Cloud ComputingEnterprise SoftwareMedia & Entertainment

Co-investorsAlliance Venture

Newcode.ai offers an agentic AI platform for legal professionals that automates document review, drafting, and insight extraction through customizable workflows deployed on-cloud or on-premise.

AI & Machine LearningLegalTechSaaSDublin, IE

Co-investorsAlliance VentureLegalTech

Northern.tech provides device lifecycle management (DLM) software and services for IoT and connected devices, covering devices from design to decommission with a focus on over-the-air updates and security.

CybersecurityIoTSaaS

Co-investorsAlliance Venture

Novelda develops an ultra-wideband radar sensor that detects human presence and fine movements such as breathing and heartbeat.

HardwareIoTSemiconductors

Co-investorsAlliance Venture

Oda is an online grocery store offering food and household items at low prices with home delivery to consumers in Norway.

ConsumerE-commerceFoodTech

Co-investorsAlliance VentureCNISkyfall VenturesSumma EquityKinnevikSoftBank Group+1 more

Odins provides a managed Bayesian marketing mix modeling (MMM) platform that integrates data across marketing channels to produce monthly, human-reviewed recommendations, scenario plans, and sales forecasts.

AI & Machine LearningMarketing TechSaaS

Co-investorsAlliance Venture

poLight develops tunable optics technology, including its patented TLens product that replicates the focusing of the human eye to deliver instant autofocus in camera systems.

Deep TechHardwareSemiconductors

Co-investorsAlliance VentureViking Growth

Co-investorsAlliance Venture

Sanity provides a content operations platform built on a structured content database where JSON documents and code-defined schemas power web, mobile, and AI agent applications through a single API.

Data & InfrastructureDeveloper ToolsSaaSSan Francisco, US

Magnus Hillestad(Executive Officer, Director)Simen Svale Skogsrud(Director)Even Westvang(Director)Raman Kapur(Executive Officer)Christian Flaaten(Executive Officer)Oyvind Rostad(Executive Officer, Director)

Co-investorsAlliance VentureCaribbean Export Development AgencyCoinFundHeavybitICONIQThreshold Ventures+6 more

Scrimba operates an online platform offering coding courses through interactive video lessons, designed to train students for software development careers at low cost.

EdTechOslo, NO

Per Harald Borgen(Founder)inSindre Aarsaether(Founder)inFrode Jensen(Founder)in

Co-investorsAlliance VentureY CombinatorFounders Fund

Collaborative tool for teams to visualize, understand, and improve business processes.

Co-investorsAlliance VentureSkagerak Capital

Shoreline provides algorithm-driven simulation and planning solutions for wind farm construction and operations, enabling resource optimization and business case analysis.

AI & Machine LearningCleantechClimate TechConstruction TechEnergyEnterprise SoftwareSaaS

Ole Erik Vestøl Endrerud(Founder and Chief Product Officer)

Co-investorsAlliance VentureBlue Bear Capital PartnersEcosystem Integrity Fund

Steep builds business analytics software that distributes data insights across organizations, addressing the challenge of making analytics accessible beyond specialized analysts.

AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwareSaaSStockholm, SE

Johan Baltzar(Co-founder)Nino Höglund(Co-founder)

Co-investorsAlliance VentureInventure

Superside is a creative services platform that provides enterprise teams with access to vetted global creative talent and AI-powered tools for design, video, and content production.

AI & Machine LearningB2B MarketplacesCreator EconomyEnterprise SoftwareFuture of WorkMarketing TechSaaSOslo, NO

Fredrik Thomassen(Founder/CEO)inJing Kjeldsen(CTO & Co-Founder)

Co-investorsAcequia Capital (AceCap)Alliance VentureBreyer CapitalHigh AlphaOmega Venture PartnersY Combinator+1 more

FPGA-accelerated database management solutions; acquired by ServiceNow.

Tana is a workspace platform designed to help humans, teams, and computers collaborate more effectively.

AI & Machine LearningFuture of WorkSaaSSector Agnostic

Tarjei M. Vassbotn(CIO/Founder)Olav S. Kriken(CEO/Founder)Grim H. Iversen(CAIO/Founder)

Co-investorsAlliance VentureLightspeed Venture PartnersTola Capitalfirstminute capitalLa FamigliaNorthzone+1 more

TouchNetix develops capacitive touch and force sensing integrated circuits for industrial and automotive applications, addressing use cases where conventional touchscreen technology is insufficient.

HardwareIoTSemiconductors

Co-investorsAlliance Venture

Two provides net terms (buy-now-pay-later) infrastructure for B2B sellers, automating the order-to-cash lifecycle including invoicing, reminders, dunning, credit decisioning, and fraud prevention through AI risk engines.

AI & Machine LearningFintechSaaSOslo, NO

Edward Brandler(Founder)

Co-investorsAlliance VentureBring VenturesIdékapitalNordstarSequoia CapitalShine Capital+3 more

Unleash provides feature management tools for developers to simplify software development and enable faster delivery of applications.

Developer ToolsEnterprise SoftwareSaaSOslo, NO

Ivar Østhus(CTO)Egil ØsthusKohji NAKAZATO(Founder)

Co-investorsAlliance Venturefirstminute capitalFrontline VenturesSondo CapitalSpark Capital

Versiro is founded by an academic researcher focused on electricity markets and renewable energy integration.

Climate TechEnergyFintechSaaS

Simon Risanger(Co-founder & CEO)in

Co-investorsAlliance VentureSondo Capital

Xeneta provides supply chain and freight teams with independent, lane-level ocean and air freight market data, drawing on anonymised freight rates across global port pairs.

AI & Machine LearningData & InfrastructureLogistics & Supply ChainSaaS

Patrik Berglund(Founder)in

Co-investorsAlliance VenturePoint NineCreandumInvestinorSmedvig Capital