/Investors

Sondo Capital

Venture capitaloperating company · company profile

Pre-Seed–Seed

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Investment thesis

Sondo Capital invests in pre-seed and seed stage teams that have a link to Norway, writing initial checks of roughly 2-6 million NOK. The firm focuses on the core value drivers relevant at the earliest stages: idea quality, team strength, product-market fit, technology risk and financing risk. Its mandates pursue purely financial objectives, and given the limited availability of verifiable ESG data at pre-seed/seed, the firm does not integrate sustainability risks as standalone decision criteria beyond ordinary financial and operational risk assessment.

Invests inSector AgnosticNorway

Source: firm website, verified Aug 16, 2026.

Stage
Pre-Seed–Seed
Check
$190K – $570K
Instruments
Equity
Last 12 months
2 investments
Tracked investments
37

What they invest in

from 33 of 37 portfolio companies

SaaS ×23AI & Machine Learning ×16Enterprise Software ×13Fintech ×9Data & Infrastructure ×5Logistics & Supply Chain ×5Energy ×4Cleantech ×3

HQs:Norway×19United Kingdom×2Canada×1Germany×1Denmark×1Sweden×1

Who they back

founder profiles across 20 portfolio companies
45%
solo founders
9 of 20 mapped founding teams
60%
repeat founders
of 30 founders with career history

Founding team size:solo founder×92 founders×43 founders×54+ founders×2

Where their founders studiedfrom 23 founders with education data

Norwegian University of Science and Technology (NTNU) ×10Norwegian School of Economics (NHH) ×2University of Bergen (UiB) ×2University of British Columbia ×2University of Oslo ×2

What their founders studiedfrom 28 founders with field-of-study data

Computer Science ×10Business & Management ×6Economics ×4Engineering ×3Humanities ×3Social Sciences ×3

Where their founders worked beforefrom 30 founders with career history

Forsvaret - Norwegian Armed Forces ×3Oda ×3Otovo ×3Data Nova ×2Disruptive Technologies ×2NaDeNo Nanoscience AS ×2Norwegian University of Science and Technology (NTNU) ×2NTNU Technology Transfer AS ×2

2 founders hold a PhD · 4 hold an MBA (of 30 with degree data)

Investments · 37 tracked

founders shown can be your intro path

By year:2025 · 22024 · 22023 · 15 dated

Aibaaiba.aiin

Amanda is a real-time moderation AI for live streaming and interactive media platforms that automatically detects and blocks harmful content, coordinated harassment, and repeat offenders in chat at scale.

AI & Machine LearningCybersecurityDigital HealthEnterprise SoftwareSaaSSocialGjøvik, NO

Hege Tokerud(CEO & Co-founder)inGard Støe(CTO & Co-founder)in

Co-investorsAntlerAntler AustraliaSpintop VenturesFirda

Atlasatlas.coin𝕏

Atlas is a browser-based geospatial analysis platform that enables teams to create, visualize, and collaborate on maps in real time.

AgTechAI & Machine LearningData & InfrastructureEnterprise SoftwarePropTechSaaS

Co-investorsAccel

Bislabbislab.no

Bislab aggregates and organizes company credit, financial, and ownership data from public sources to support risk assessment and due diligence.

AI & Machine LearningData & InfrastructureEnergyEnterprise SoftwareFintechSaaSOslo, NO

Martin Holten(Founder)in

Breytabreyta.ai

Norwegian AI company whose Breyta.ai assistant synthesizes insights across multiple unstructured files such as interviews and sales calls.

Co-investorsSNÖ VenturesAntlerMartin HenkUnpopular Ventures

Cardboardcardboard.incinAug 2024

Cardboard offers a SaaS platform for managing software subscriptions and expenses, including card issuing for secure purchasing and automated accounting.

Enterprise SoftwareFintechSaaSOslo, NO

Andreas Røyrvik(Co-founder and CPO)inJakob Gerhard Martinussen(Co-founder and CTO)inStein Magnus Jodal(Co-founder and COO)inVidhi Kumar(Co-founder and CGO)inOle Daniel Nitter(CEO)inSwati Srivastava(Head of Design)in

Co-investorsProVentureInnovation NorwayRunwayFBUSkyfall Ventures

Cardboardcardboard.noinAug 2024

Cardboard provides software for managing and tracking SaaS subscriptions, AI tool costs, and business software expenses across a company's entire tech stack.

Enterprise SoftwareFintechSaaSOslo, NO

Co-investorsRunwayFBUProVentureSkyfall Ventures

Catchwisecatchwise.noin

Catchwise provides satellite AIS tracking and fishing activity analysis, giving global visibility into vessel positions, movements, and operations.

AgTechAI & Machine LearningClimate TechData & InfrastructureFoodTechLogistics & Supply ChainSaaSSpace TechOslo, NO

Jonas Dammen(Founder)in

Co-investorsDreamcraft

Curipodcuripod.comin𝕏

Curipod develops an interactive learning platform designed to encourage classroom engagement and discussion.

AI & Machine LearningEdTechSaaS

Jens Seip(CEO)inEirik Berre(COO)inFrikk Fossan(CTO)in

Co-investorsEdovate CapitalReach Capital

Dunedune.comin𝕏

Dune provides normalized blockchain datasets covering 130+ chains, including stablecoin, prediction market, tokenized real-world asset, and token balance data, delivered into customers' existing data warehouses such as Snowflake, Databricks, or BigQuery.

Crypto & Web3Data & InfrastructureFintechOslo, NO

FredrikMats

Co-investorsAmbush CapitalBitDAOCoinbase VenturesCoinFundDigital Currency GroupMantle Network+10 more

Enodeenode.comin

Enode provides APIs that enable energy companies and climate tech startups to coordinate electricity demand and supply by automatically optimizing consumer energy usage based on renewable availability and pricing.

Advanced ManufacturingCleantechClimate TechData & InfrastructureDeveloper ToolsEnergyIoTSaaSOslo, NO

Henrik Langeland(CEO and co-founder)inNikolai Heum(CTO and co-founder)in

Co-investorsLowercarbon CapitalCreandumAlliance VCAlliance VentureLOWERCARBONSkyfall Ventures+2 more

Fairsightfairsight.comin

Fairsight is an assessment platform that provides psychometric and talent assessments designed to reduce bias in hiring and improve workplace diversity.

AI & Machine LearningHR TechSaaSOslo, NO

Lasse Hønsen(Founder)inEspen Skorstad(Co-founder)in

Frontedfronted.comin

Fronted provides a global hiring and employment system that handles talent sourcing, recruitment, and payroll management for companies expanding internationally.

Enterprise SoftwareFuture of WorkHR TechSaaS

Hans Kjellby(Co-founder)

Co-investorsAntler

Hemihemihealth.com

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 VCAlliance VentureAccelCrowberry CapitalOCV PartnersRibbit Capital

Hemi Healthhemi-ai.comin

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)inLilyana 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-investorsAlliance VCCrowberry Capital

Installerinstaller.com

Installer.com provides software that lets companies manage physical product installation operations in one system, from order creation to verified completion, including payments, workflow, and access to a verified installer network.

Enterprise SoftwareLogistics & Supply ChainSaaS

Co-investorsBrighteye VenturesPT1Sprettert

Lightsoniclightsonic.aiin

Lightsonic uses fibre sensing technology combined with existing infrastructure to detect leaks across water utility networks.

CleantechDeep TechIoT

Co-investorsSprettertMaki.vc

NaDeNonadeno.comin

NaDeNo develops nanoparticle drug delivery technology that encapsulates hard-to-deliver molecules through a proprietary one-step process without chemical modification.

BiotechDeep TechMedical DevicesOslo, NO

Annbjørg Falck(Co-founder & Chief Executive Officer)inYrr Mørch(Co-founder & Chief Technology Officer)in

Co-investorsFarvatn Venture

Omnimodomnimod.comin

OmniMod develops a modular hardware and AI-powered software system for warehouses and distribution centers to automate material handling tasks including sorting, buffering, consolidation, and routing.

AI & Machine LearningEnterprise SoftwareHardwareLogistics & Supply ChainRoboticsOslo, NO

Tobias Drage Roti(Founder)in

Ordinary Objectsordinary.spaceinMay 2023

Ordinary Objects provides design and prototyping tools for mixed reality projects, enabling designers to create visual representations of spatial experiences for stakeholders and developers.

Developer ToolsHardwareMobility & TransportationSaaS

Co-investorsBakken & Bæck ASFoundamentalMana Industries

Reliablereliableai.no

Reliable AI develops tools and solutions for responsible and ethical artificial intelligence applications, serving researchers and organizations seeking to understand how language models represent and process information.

AI & Machine LearningEdTechEnterprise SoftwareLegalTechSaaSOslo, NO

Markus Kreutzer(CEO, Co-Founder)inHalvor Tyseng(CTO, Co-Founder)inJonas Timmann Mjaaland(CPO, Co-Founder)inTor Ole Bigton Odden(Co-Founder)Anders Malthe-Sørenssen(Co-Founder)

Co-investorsCalm VenturesCoatue ManagementEclipseGaingelsIsland Green CapitalLightspeed Venture Partners+7 more

Riffgetriff.coin𝕏Oct 2025 · $16M

Riff is a voice communication tool that lets team members talk to each other on demand, with controls over individual availability.

Enterprise SoftwareFuture of WorkSaaS

Co-investorsBalderton CapitalGlobal Founders CapitalIllusianMaki.vcNorthzoneSkyfall Ventures

Riffriff.aiinOct 2025 · $16M

Riff builds AI agents that automate the operational work behind manufacturing orders — including quoting, procurement, planning, logistics, invoice matching, and supplier follow-up — running on top of existing ERP systems like SAP, Oracle, Infor, and Microsoft.

Advanced ManufacturingAI & Machine LearningLogistics & Supply ChainBend, NO

Bobby Evers(Manager of Riff LLC)Paul Evers(Manager of Riff LLC)Nate Armbrust(Manager of Riff LLC)

Co-investorsNorthzoneSkyfall VenturesGlobal Founders CapitalIllusianMaki.vcVTF Capital

Sannasanna.noin

SANNA is an accounting service for holding companies in Norway, combining an authorized accountant with an accounting system to handle bookkeeping, annual accounts, tax returns, and shareholder register filings.

FintechSaaS

Skyeskye.energyinDec 2025

Skye develops technology for managing energy and flexibility within industrial processes, drawing on expertise in control systems, industrial automation, and energy market trading.

AI & Machine LearningCleantechEnergyEnterprise Software

Tor Espen Steinvik(CEO)inAndreas Lundgren(COO)inLinus Frosteryd(CTO)in

Co-investorsbyFoundersCourse Corrected VC Holding IIHAWKTAILTransitionTransition GlobalEmblem+1 more

Sparespare.comin𝕏

Spare builds software that enables partners to operate microtransit, paratransit, and ride-sharing services.

AI & Machine LearningB2B MarketplacesGovTechLogistics & Supply ChainMobility & TransportationSaaSVancouver, CA

Kristoffer Vik HanseninJosh AndrewsinAlexey Indeevin

Co-investorsInovia CapitalKensington Capital Partners LimitedTransLink Capital500 GlobalMENAMiddle East Venture Partners (MEVP)+1 more

Springspring.netin𝕏

Spring provides on-chain token distribution and vesting tools for Web3 communities, supporting complex vesting schedules (cliffs, daily, monthly, multi-period), automated token allocation calculations, wallet collection, and a decentralized claim portal.

Crypto & Web3FintechMarketplacesSaaS

Sebastian Almnes(Founder)in

Co-investorsSkyfall VenturesSNÖ VenturesKraken VenturesAble PartnersGeneration Investment ManagementGingerbread Capital+7 more

Strisestrise.aiin

Strise builds an automated financial-crime compliance platform that handles customer onboarding, continuous risk monitoring, ownership mapping, and alert triage for banks and large enterprises.

AI & Machine LearningCybersecurityFintechOslo, NO

Marit Rødevand(Founder and Chief Executive Officer)in

Co-investorsActivant CapitalSkyfall VenturesAtomicoHeartcore Capital

Tanatana.incin𝕏May 2024

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

AI & Machine LearningFuture of WorkSaaSSector AgnosticPalo Alto, NO

Tarjei Munthe Vassbotn(Executive Officer, Director)inOlav Sindre Kriken(Executive Officer, Director)inTarjei M. Vassbotn(CIO/Founder)inOlav S. Kriken(CEO/Founder)inGrim H. Iversen(CAIO/Founder)in

BoardSheila Gulati(Director)in

Co-investorsAlliance VentureLa FamigliaLightspeed Venture PartnersNorthzoneTola Capitalfirstminute capital+1 more

Torg Sourcing made simpleusetorg.com

Berlin, DE

Ben Holdham(Founder)

Co-investorsFoodLabs

Tundra Dronetundradrone.com

Tundra Drone develops modular UAV payloads and mission accessories—including visible/IR lighting, precision droppers, speakers and laser pointers—that extend the operational range of small drones.

Defense TechHardwareRoboticsKautokeino, NO

Twotwo.incin

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 VCAlliance VentureBring VenturesIdékapitalNordstarSequoia Capital+4 more

Unleashgetunleash.ioin𝕏

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

Developer ToolsEnterprise SoftwareSaaSOslo, NO

Ivar Østhus(CTO)inEgil ØsthusinKohji NAKAZATO(Founder)in

Co-investorsAlliance VCAlliance Venturefirstminute capitalFrontline VenturesSpark Capital

Unlocunloc.app

Unloc offers a mobile app and cloud-based control center that turn physical keys into digital ones, letting users open doors, share access, and manage entry to buildings from anywhere.

IoTPropTechSaaS

Co-investorsAutonomy CapitalBuidlHodl CapitalKhosla VenturesStratos Technologies

Versiroversiro.comin

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 VCAlliance Venture

We Arewearelearning.ioin

We Are Learning builds an authoring platform for creating interactive, immersive learning content featuring AI-driven talking avatar characters, with multilingual AI voices and SCORM/LMS export for use in corporate and educational training.

AI & Machine LearningEdTechSaaS

Co-investorsDreamcraft

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

MidioStarflow

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Sondo Capital made?
Sondo Capital has 37 tracked investments, including 2 dated in the last 24 months.
What stage does Sondo Capital invest at?
Sondo Capital invests at the Pre-Seed, Seed stages.
What is Sondo Capital's typical check size?
Sondo Capital typically writes checks of $190K – $570K.
What sectors does Sondo Capital focus on?
Sondo Capital focuses on Sector Agnostic.
Who does Sondo Capital co-invest with?
Sondo Capital most often shares deals with Alliance VC, Alliance Venture, Skyfall Ventures, among 36 tracked co-investors.

Images

Sondo Capital photo

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