Copenhagen · Growth–Late Stage · 12 people tracked
Find your way into Nordic Capital
2,780 people in our graph share verified history with the Nordic Capital team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Nordic Capital operates as a private equity investor that builds stronger, more sustainable businesses in close partnership with owners and management teams. It focuses on specific subsectors including healthcare, technology and payments, financial services and industrial tech, applying deep subsector knowledge alongside hands-on operational support to accelerate growth and improve performance. The firm emphasizes sustainability, backing companies that address global challenges, and integrates AI transformation into portfolio companies from the outset of ownership, guiding them from initial use cases through operating-model change.
Source: firm website, verified Sep 6, 2026.
Team · 12 people
from the firm's website & curated
Founder mafia
2 people who came through Nordic Capital went on to found or lead other companies.
What they invest in
from 16 of 20 portfolio companiesSaaS ×12Enterprise Software ×8Fintech ×7AI & Machine Learning ×6Healthtech ×6Medical Devices ×3Biotech ×2Data & Infrastructure ×2
HQs:Sweden×5United States×4United Kingdom×2Germany×1Norway×1
Investments · 20 tracked
founders shown can be your intro pathBy year:2026 · 12024 · 12022 · 12021 · 14 dated
BMLL provides historical market data, analytics, and research capabilities to financial institutions and market infrastructure firms, enabling them to integrate insights into existing workflows for better decision-making across global capital markets.
AI & Machine LearningData & InfrastructureEnterprise SoftwareFintechSaaSCambridge, GB
Paul Humphrey(CEO)in
Co-investorsSnowflake VenturesQVenturesSamos Investments
Boost.ai builds a conversational AI platform that automates human-to-organization interactions for enterprises in financial services, telecommunications, hospitality, and public sectors.
AI & Machine LearningEnterprise SoftwareSaaSNorway, NO
Lars Selsås(Founder)in
Co-investorsAlliance VCAlliance Venture
Foxway provides circular technology services including device refurbishment, resale, and recycling through subsidiaries across Europe, Asia, and the US, serving large organizations and resellers with a Device-as-a-Service subscription model for IT equipment.
B2B MarketplacesCircular EconomyClimate TechE-commerceEnterprise SoftwareSaaSStockholm, SE
Patrick Höijer(Chief Executive Officer)in
Co-investorsBarkawi Group
One Inc provides a digital payments platform designed for insurance companies, offering compliance with major security standards including PCI DSS, SOC 1 Type 2, and SOC 2 frameworks to streamline payment processing and claims management.
Enterprise SoftwareFintechInsurTechSaaSFolsom, US
Ian
Co-investorsGreat Hill PartnersAmerican Family VenturesCamp One VenturesDoon CapitalMassMutual VenturesAtlantic Vantage Point
Zafin provides a cloud-based SaaS platform and AI-powered solutions for financial institutions to modernize critical operations, governance, and analytics.
AI & Machine LearningEnterprise SoftwareFintechSaaS
Charbel Safadi(CEO)in
Co-investorsVistara GrowthAccenture Ventures
ArisGlobal provides software for life sciences research and development, covering drug development, drug safety monitoring, and regulatory compliance.
AI & Machine LearningBiotechHealthtechSaaS
Aman Wasanin
Co-investorsAbbhi Capital
Healthcare portfolio company whose exit was announced in 2025, described as the largest complete healthcare private equity exit announced globally that year.
Pharmaceutical company that strengthened its late-stage pipeline with the acquisition of dersimelagon.
Macrobond provides real-time financial data, analysis tools, and visualization capabilities for investment banking and financial research professionals.
Data & InfrastructureEnterprise SoftwareFintechSaaSAustin, US
Tomas Liljeborg(Founder)in
Co-investorsFrancisco Partners
Max Matthiessen is a Swedish financial advisory and insurance firm that helps companies and individuals with pensions, insurance, wealth management, and digital administration services.
Enterprise SoftwareFintechSaaSSweden, SE
Co-investorsAltor
Medoma provides technology to support hospital-at-home care, enabling hospital-level treatment for high-acuity patients to be delivered in patients' homes.
Digital HealthHealthtechMedical DevicesSaaS
Co-investorsInventureCherry VenturesSegulahVNV Global
Portfolio company taken public via IPO by Nordic Capital funds in 2025.
ProGlove manufactures wearable barcode scanners for industrial workers, enabling hands-free operation and real-time data capture in warehouse and manufacturing environments.
Advanced ManufacturingHardwareIoTLogistics & Supply ChainMunich, DE
Paul Günther(Founder)inThomas Kirchner(Founder)inJonas Girardet(Founder)inKonstantin Brunnbauer(Founder)in
Co-investorsBayern KapitalHCVCSummit PartnersTechFounders
A construction waste management company that has digitalised the entire process from waste generation on-site through sorting, recycling, and sustainability reporting using smart technology, optimised logistics, BI analytics, and real-time reporting.
SIS provides electronic health record and business management software for ambulatory surgery centers, hospitals, and related healthcare providers.
Digital HealthEnterprise SoftwareHealthtechMedical DevicesSaaSAlpharetta, US
Co-investorsOwl Rock CapitalAccel-KKR
TradingHub provides trade surveillance and market abuse detection resources, including analysis of cross-product abuse in fixed income markets.
AI & Machine LearningCybersecurityFintechSaaS
Mike Coats(CEO)in
Co-investorsSummit Partners
Portfolio news
latest coverage across their companies
Boost · cryptoninjas.net · Aug 19, 2026
ArisGlobal · investorsinhealthcare.com · Jul 24, 2026
Proglove · finsmes.com · Jul 1, 2026
TradingHub · summitpartners.com · May 11, 2026
Max Matthiessen · trendmicro.com · Apr 30, 2026
Macrobond · itdigest.com · Feb 5, 2026
Permobil · marketscreener.com · May 20, 2025
Fund performance · per public LP disclosures · 18
as of Dec 2024| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Nordic Capital Evo II Beta SCSpLPs: Los Angeles City Employees' Retirement System | 2024 | — | — | 0.00x | — |
| Nordic Capital Fund XILPs: Washington State Investment Board, Minnesota State Board of Investment, Teachers' Retirement System of the City of New York +7 more | 2022 | — | 19.5% | 1.23x | 0.04x |
| Nordic Capital XILPs: New York City Employees' Retirement System, New York City Police Pension Fund, New York City Fire Department Pension Fund | 2022 | — | — | 1.23x | 0.00x |
| Nordic Capital XI Co-InvestLPs: New York City Employees' Retirement System, New York City Fire Department Pension Fund, New York City Board of Education Retirement System | 2022 | — | — | 1.39x | 0.00x |
| Nordic N11 Co-InvestmentLPs: New York City Police Pension Fund | 2022 | — | — | 1.39x | 0.03x |
| Nordic Bear SCSpLPs: California Public Employees' Retirement System | 2021 | — | 11.5% | 1.24x | 0.03x |
| Nordic Capital Fund X, L.P.LPs: Washington State Investment Board, Minnesota State Board of Investment, South Carolina Retirement System Investment Commission | 2021 | — | 14.2% | 1.50x | 0.20x |
| Nordic Capital Fund IX, L.P.LPs: Washington State Investment Board | 2019 | — | 15.7% | 1.80x | 0.59x |
| Nordic Capital CV1 Beta, L.P.LPs: Washington State Investment Board, Sjätte AP-fonden (AP6) | 2018 | — | 12.7% | 1.50x | 1.50x |
| Nordic Capital IX Beta, L.P.LPs: Minnesota State Board of Investment | 2017 | — | 15.0% | 1.79x | 0.60x |
| Nordic Capital Fund VIII, L.P.LPs: Washington State Investment Board, Minnesota State Board of Investment, Empire State Development – New York Ventures +2 more | 2013 | — | 12.4% | 1.61x | 1.32x |
| Nordic Capital VIIILPs: Oregon Public Employees Retirement System | 2013 | — | 15.3% | 1.70x | 1.70x |
| Nordic Capital Fund VII, L.P.LPs: Washington State Investment Board | 2008 | — | 5.2% | 1.30x | 1.32x |
| Nordic Capital VIILPs: Washington State Investment Board, New Mexico Public Employees Retirement Association, Employees' Retirement System of Rhode Island +1 more | 2008 | — | — | 1.38x | 1.38x |
| Nordic Capital Fund VI, L.P.LPs: Washington State Investment Board, Employees' Retirement System of Rhode Island | 2006 | — | 8.7% | 1.73x | 1.73x |
| Nordic Capital V, L.P.LPs: Washington State Investment Board, Employees' Retirement System of Rhode Island, Los Angeles City Employees' Retirement System | 2003 | — | 20.5% | 2.70x | 2.73x |
| Nordic Capital Fund IV, L.P.LPs: Washington State Investment Board | 2000 | — | 33.2% | 2.80x | 2.82x |
| Nordic Capital Fund III, L.P.LPs: Washington State Investment Board | 1998 | — | 31.3% | 3.60x | 3.57x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has Nordic Capital made?
- Nordic Capital has 8 tracked investments.
- What stage does Nordic Capital invest at?
- Nordic Capital invests at the Growth, Late Stage stages.
- What sectors does Nordic Capital focus on?
- Nordic Capital focuses on Advanced Manufacturing, Biotech, Cleantech, Cybersecurity, Digital Health, Enterprise Software, Fintech, Healthtech, InsurTech, Logistics & Supply Chain, Medical Devices, SaaS.
- Where is Nordic Capital located?
- Nordic Capital is headquartered in Copenhagen, DK.
- Does Nordic Capital lead rounds?
- Yes, Nordic Capital leads investment rounds.
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