Fundraising Fox

Viking Growth

Growth equity

Trondheim · Growth–Late Stage · 14 people tracked

Fox Verdict
Sign up to see your fit

Investment thesis

Viking Growth focuses on backing Nordic B2B software companies that have reached €2–15M in revenue, targeting established software businesses in the region for growth-stage investment.

Source: firm website, verified Aug 3, 2026.

Stage
Growth–Late Stage
HQ
Trondheim, NO
Instruments
Equity
Founded
2001
Tracked investments
37

Team · 14 people

from the firm's website
Erik Fjellvær Hagen· Managing Partner
Eirik Brænd Hjelmeland· Investment Director
Martin Sjøhaug Eriksen· Investment Director
Anders Løe· Head of Investor Relations

What they invest in

from 16 of 37 portfolio companies

SaaS ×13Enterprise Software ×8AI & Machine Learning ×4HR Tech ×4Cybersecurity ×3Cloud Computing ×2EdTech ×2Sales Tech ×2

HQs:Norway×5Finland×2Denmark×1

Investments · 37 tracked

founders shown can be your intro path
🇫🇮 Kitchen management software
🇳🇴 Omnichannel order management
🇸🇪 Retail tech
AddSecureaddsecure.noin

AddSecure provides monitoring and communication solutions for critical safety systems including fire alarms, elevator communications, vehicle tracking, and alarm system management.

CybersecurityEnterprise SoftwareIoT

Agillic
Asolvi
Asolvi Volpi Capital
Attensiattensi.comin𝕏

Attensi builds practice-based, AI-powered training simulations that use game mechanics to help organizations improve employee performance in areas like onboarding, customer service, sales, compliance, and management.

AI & Machine LearningEdTechHR Tech

Checkproofcheckproof.comin𝕏

CheckProof is an operations management platform for the construction materials and heavy industry, digitizing maintenance, quality control, health and safety compliance, inspections, and incident reporting.

Advanced ManufacturingConstruction TechSaaS

EcoOnlineecoonline.com

Eco Online provides enterprise software for health, safety, and environmental (EHS) compliance, incident management, chemical safety, and emergency response.

Enterprise SoftwareSaaS

Co-investorsInflexion

Egeg.com
Encodify
Flowbox
Fotowarefotoware.comin

Fotoware provides a digital asset management (DAM) platform that helps organizations govern, automate, and distribute images and files, with AI-assisted metadata tagging, workflow automation, rights management, and C2PA content authenticity.

AI & Machine LearningEnterprise SoftwareSaaS

Heerosheeros.comin

Finago (formerly Heeros) provides software solutions for small and medium-sized businesses, including PSA (Professional Services Automation), HR management, payroll, and financial accounting tools.

Enterprise SoftwareHR TechSaaSHelsinki, FI

Co-investorsInvesdor

House of Controlhouseofcontrol.comin

House of Control provides software for contract management, lease accounting compliance (IFRS 16, FRS 102), and regulatory compliance (CSDDD, DORA) to help organizations reduce costs, manage risk, and ensure compliance.

Enterprise SoftwareSaaSHøvik, NO

Humly
itslearningitslearning.comin

itslearning is a learning management system (LMS) designed specifically for schools and educational institutions.

Cloud ComputingEdTechSaaSOslo, NO

Keystone Education Group
LeadDeskleaddesk.comin𝕏

LeadDesk provides cloud-based contact center software for outbound sales and customer service, used by contact center agents and businesses of varying sizes.

AI & Machine LearningCloud ComputingEnterprise SoftwareSaaSSales Tech

Co-investorsDawn Capital

Liquid Barcodesliquidbarcodes.comin

Liquid Barcodes provides a loyalty and subscription software platform for convenience stores, fuel retailers, and multi-site car wash operators, using automation, gamification, and mobile app experiences to increase visit frequency and member retention.

Marketing TechRetail TechSaaS

Mercell
Mercell Ipo
Mercell Thomabravo
Onix
Orn Software
Orn Software Ipo
Penneopenneo.comin𝕏

Penneo is a digital trust platform for signing and managing documents using nationally recognised eIDs (such as MitID, BankID, and itsme®) in compliance with EU eIDAS regulation.

CybersecurityLegalTechSaaSCopenhagen, DK

Co-investorsPSV

poLightpolight.comin𝕏

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 VCAlliance Venture

Signicatsignicat.comin𝕏

Signicat operates a digital identity platform offering eIDs, onboarding, KYC/KYB, trust orchestration, authentication, and e-signatures for organizations across Europe.

CybersecurityFintechSaaS

Arne Vidar Haug(Co-Founder, Global Solutions)Asger Hattel(CEO)in

Co-investorsAthos Capital

Signicat Nordic Capital
Talentechtalentech.comin

Talentech offers an all-in-one recruitment and HR platform covering attraction, hiring, onboarding, employee engagement, and HR data management, with AI-assisted, data-driven insights.

AI & Machine LearningHR TechSaaSOslo, NO

Tamigotamigo.comin

Tamigo is a cloud-based workforce management platform that combines scheduling, absence management, time tracking, HR, payroll, and performance analytics in a single solution.

Enterprise SoftwareHR TechSaaS

Timelog
Workpoint
Xaitxait.comin𝕏

Xait is a SaaS company offering software for collaborative document creation, bids and proposals, tenders/RFPs, and CPQ (configure-price-quote) sales automation to help teams manage the process from quote to contract.

Enterprise SoftwareSaaSSales Tech

Eirik Gudmundsen(Group Chief Executive Officer)inSilje Stensland(Chief Marketing Officer)inFrank Skavland(Chief Financial Officer)inJohn Ingve Eielsen(Chief Technology & Product Officer)inRoy Olsen(Operations & Security Director)inKevin Geraghty(Co-founder & CEO of BlueprintCPQ (acquired by Xait in 2020))in

Frequently asked questions

How many investments has Viking Growth made?
Viking Growth has 37 tracked investments.
What stage does Viking Growth invest at?
Viking Growth invests at the Growth, Late Stage stages.
What sectors does Viking Growth focus on?
Viking Growth focuses on Enterprise Software, SaaS.
Where is Viking Growth located?
Viking Growth is headquartered in Trondheim, NO.
Who does Viking Growth co-invest with?
Viking Growth most often shares deals with Alliance VC, Dawn Capital, Inflexion, among 6 tracked co-investors.

Images

Viking Growth photoViking Growth photoViking Growth photoViking Growth photoViking Growth photoViking Growth photo

Similar investors

Featured in lists