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Northcap

Strandvejen 125, Hellerup, Capital Region, DK-2900, Denmark

Overview

Northcap is a venture capital company that provides funds and support for ICT companies based on the technologies of cloud computing, communications, mobile and mobility, online services, and e-commerce. It funds companies in three stages of development such as seed stage: invests in Danish companies from the first revenue onwards; early stage: invests i companies with a proven business model and a revenue of €1-2 million or more in the Northern part of Europe; and growth stage: invests in well-established Northern European companies with a revenue of €10-25 million. Northcap covers several essential areas of technology businesses development, including strategy, internationalization, sales processes, recruitment of employees, and organization. Northcap is based in Copenhagen, Denmark.

Total investments
9
Lead investments
3
Investments · 12mo
0
Active investors
4

Sector focus

  • Financial Services
  • Venture Capital
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Investment portfolio

  • GAN Integrity

    Participated · Series A · Feb 2017

    GAN Integrity provides a cloud-based, no-code Integrity Platform for risk, ethics, and compliance management that helps organisations manage both internal and external risks. The platform supports applications including third-party due diligence, disclosures, incident and risk management, conflicts of interest, gifts and donations, antitrust, and more. Its unified data structure, no-code workflow orchestration, granular role-based access controls, and cross-application reporting enable compliance teams to automate processes and create a holistic view of enterprise risk. The company positions the platform to drive proactive ethical and compliant behaviour across enterprises and to close functional and data silos. Founded in Denmark in 2004, GAN serves global organisations and works with leading brands. The recent growth investment is intended to accelerate product development and scale the business to meet growing demand; financial terms were not disclosed. GAN Integrity delivers a cloud-based connected compliance platform that eliminates the need for multiple disparate solutions while reducing complexity, lowering risk and increasing visibility. The company’s product suite includes the newly released GAN Connect, a next-generation unified compliance platform designed to help organizations manage third-party relationships, new regulations and enterprise risk. GAN Connect’s enhancements let customers flexibly tailor the platform for specific needs across risk, policy, due diligence, requests, investigations and training. Led by founder and CEO Thomas Sehested, the company serves organizations across industries. GAN Integrity has offices in New York, Paris, London, Dubai and Copenhagen. It raised $15m in Series B growth financing to support continued global expansion. GAN Integrity builds cloud-based compliance software for managing corporate risk, third-party due diligence, and whistleblower concerns. The Danish-founded company has offices in New York and Copenhagen. GAN Integrity raised $9 million in a Series A round led by Edison Partners, with participation from NorthCap, Chicago Ventures, MissionOG, and Cultivation Capital. CEO Thomas Sehested said the funds will be used to boost the company’s growth and customer deployments. Edison Partners general partner Michael Kopelman highlighted GAN’s roster of blue‑chip clients, experienced management team, and positive market tailwinds in the compliance space. Kopelman also said the company has exhibited rapid growth on the heels of a comprehensive, yet elegantly simple, product offering.

  • Falcon.io

    Participated · Series B · Mar 2015

    Falcon Social offers a unified SaaS platform for social media listening, engaging, publishing, measuring and management for enterprises. Founded in 2010, the company serves more than 400 world‑renowned customers, including Coca‑Cola, Jaguar, Toyota, Warner Music and Carlsberg. The company operates from offices in New York and Copenhagen and employs 180 people from more than 38 countries. Falcon Social reported strong operating momentum, closing 2014 with 443% revenue growth and 130% customer growth and is on track to continue that momentum in 2015. The platform focuses on unifying business units within the enterprise while delivering feature‑rich capabilities and ongoing product innovation. The new financing is intended to support product development, innovation, continued global expansion and significant hires, with a particular focus on strengthening its North American foothold. Falcon Social is a Copenhagen-based social media management platform that provides an integrated dashboard for collaboration, content preview across networks, and real-time performance monitoring. The product is natively built as a single integrated suite the company says is easier to use than larger, acquisition-built "frankensuites." Falcon targets enterprise customers and has signed brands including Swarovski, Orangina Schweppes, Stena Line, Deutsche Telekom AG, Warner Music, Conde Nast and First Hotel Group, adding 73 new businesses in early 2013. Management emphasizes a modern, easy-to-use UI aimed at younger marketers. The company plans to use new funding to expand into the U.S. and add more dashboard features. The article does not report revenue figures. Falcon Social is a Danish start-up that has developed an IT platform to help customers manage their presence on social media. Founded by Ulrik Bo Larsen, the company offers a social media management suite with moderation overview and analytic tools for platforms such as Facebook, Twitter, and YouTube. Its customer base includes Pandora, Georg Jensen, IKEA and Colgate. The company recently raised venture capital funding from NorthCap Partners. Falcon Social intends to use the capital to support a global roll-out of its platform. The article did not disclose revenue, user metrics, or the financial terms of the investment.

  • adQuota

    Led · Equity · Jan 2014

    Founded in 2010 and led by CEO Michael Buch Sandager, adQuota offers a platform and tools for publishers of mobile websites and apps to monetize their publications with rich media formats on mobile devices and tablets. The company focuses on Rich Media formats and its adStudio provides creative and technical production of display banner ads, rich media ads and coupon campaigns. More than 200 publishers use adQuota, which reaches over 35 million readers and app-users monthly. adQuota intends to use recent funding to expand into new markets by setting up operations and acquiring existing mobile-ad companies. Leadership additions include Ulrich Schmidt joining as chairman, reflecting a push toward growth and consolidation. The company is based in Copenhagen, Denmark and was founded by Torben Majgaard.

  • VeliQ

    Led · Series B · Aug 2013

    VeliQ develops MobiDM, an mPaaS solution that provides cross‑platform mobile device management, application and content management, security and back‑end integration via a unified, multi‑tenant console. The product is delivered as a SaaS offering with a fixed monthly price per device, claims implementation in under 15 minutes, and is built using Afaria (SAP) technology. VeliQ supplies MobiDM through a growing partner network of telecom operators and system integrators and is implemented in over 60 countries; partner examples include Deutsche Telecom, KPN, Portugal Telecom and Vimpelcom. The company reports year‑over‑year growth in excess of 100% and employs around 100 people. VeliQ has expanded its geographic footprint with headquarters in the Netherlands and offices in the United States (Boston), UK, Denmark and Germany. Future plans highlighted in the articles include accelerating international expansion, fueling global sales through its partner network, continued product development and strengthening its partnership ecosystem including collaboration with SAP. VeliQ provides MobiDM, a "Mobility as a Service" platform for central management of mobile devices and apps via a web interface, enabling automation of routine management tasks across platforms and devices. The company's ecosystem is partly based on Sybase technology. VeliQ supplies MobiDM through telecom providers and system integrators such as T-Systems in around 10 European countries. Led by founder and director Alex Bausch, the company has about 35 employees. VeliQ received an investment of several million euros from T‑Venture and intends to use the funds for international growth and technical innovations of MobiDM. The company is based in Rotterdam, The Netherlands.

  • Shopgate

    Led · Series B · Jun 2013

    Shopgate provides a SaaS platform that enables online retailers to build, maintain and optimize native apps and mobile websites for iPhone, iPad and Android devices. The platform includes tools such as one-click payments, mobile coupons, push notifications, QR scanners and an ad scanner for images. It is used by more than 12,000 merchant customers across five countries. Founded in 2009, the company is based in Butzbach and Frankfurt am Main, Germany, and is expanding its U.S. presence. Led by newly promoted CEO Marc Biel, Shopgate has a team of more than 175 employees in Europe and the U.S. and recently hired Hass Johnson as VP of Sales and Casey Gannon as VP of Marketing. The company raised funding in 2016 to support its U.S. expansion plans. Shopgate provides custom native iOS and Android apps and mobile-optimized websites for retailers, integrating with popular e-commerce platform APIs like Magento to be plug-and-play with existing backends. The company says its solutions can increase mobile sell-through rates by 5–15% on average depending on merchants' starting point. Shopgate deliberately offers both native apps and mobile web rather than favoring one approach to match varied consumer preferences. With the new funding it plans to hire more staff and invest in continued expansion, specifically targeting the U.S. market. Product road map items include a worldwide affiliate network to enable App Store apps to sell products via in-app stores and earn commissions, plus tools to help brick-and-mortar retailers leverage their e-commerce presence to drive in-store traffic. The company is based in Germany and Palo Alto. Shopgate GmbH is a Butzbach, Hessen, Germany–based provider of mobile shopping solutions for mail order and retail businesses. Co-founded in 2009 by co‑CEOs Ortwin Kartmann and Andrea Anderheggen, the company offers mobile‑optimized websites and native shopping apps for iPhone, iPad, Android and Windows Mobile. Its solution is designed to deliver merchant offers on smartphones and the company is already working with over 200 retailers and eCommerce companies, including Baby Walz, Libri, Fritz Berger, Gourmondo and Cyberport. On 16 August 2011 Shopgate received a seven‑digit venture capital financing from Creathor Venture. The company intends to use the funds to expand sales and marketing and to grow internationally.

Team

  • Lars Bruhn

    Chairman & Founder

    LinkedIn
  • Thomas Weilby Knudsen

    General Partner

  • Kenneth Dambo

    Early Stage Investor

    LinkedIn
  • Kim Wiencken

    General Partner

    LinkedIn