The Nordic Web Ventures
Copenhagen, Hovedstaden, Denmark
Overview
The Nordic Web Ventures is an Angel Fund run by Neil S W Murray, backed by 50+ community builders, entrepreneurs and investors passionate about supporting early-stage Nordic startups.
- Total investments
- 14
- Lead investments
- 2
- Investments · 12mo
- 2
- Active investors
- 5
Sector focus
- Communities
- Financial Services
- Sporting Goods
- Venture Capital
Investment portfolio
- Aisel Health
Participated · Seed · Aug 2026
Aisel Health has built a clinical operating system tailored to psychiatric workflows that converts interview recordings, documents and patient accounts into structured insights clinicians can access during consultations. The company positions its product around information retrieval rather than solely speeding note-taking, distinguishing it from generic AI scribe tools. Founded in 2024 by Augusta Klingsten Peytz and Christian Houen, Aisel is collaborating with private clinics in Denmark and has research partnerships with Region H, the University of Southern Denmark, and MedTech Growth at the Technical University of Denmark. Financially, it recently closed a €1.7M pre-seed round led by Caesar Ventures, with follow-on capital from Nordic Web Ventures, LifeX, Angel Invest and returning investors Rockstart and EIFO. Aisel plans to use the proceeds to hire clinical and engineering talent and to enter the UK market prior to raising a seed round.
- Paraglide
Participated · Seed · Jan 2026
Paraglide offers an agentic AI platform that automates end-to-end, two-way billing communication for high-volume B2B finance teams. Its AI agents answer customer billing queries, chase overdue invoices, and trigger actions across the financial stack to reduce Days Sales Outstanding (DSO) and improve cash flow. Early mid-market and enterprise customers such as Choco, Ardoq, and Spiideo report a 34 % reduction in DSO and reaching financial inbox-zero within the first week of onboarding. The company has also partnered with revenue-automation provider Chargebee to deepen its ecosystem reach. Founded by former GetAccept executives Rasmus Areskoug and Andreas Åström, Paraglide seeks to alleviate one of finance’s most persistent pain points. The new capital will be used to scale the product, grow the customer base, and drive expansion across Europe as demand for agentic automation accelerates.
- Midio
Participated · Seed · Feb 2024
Midio is an Oslo-based startup developing a visual programming interface for backend development. The product aims to combine the accessibility of high-level, low-code tools with the flexibility and technical depth of a general-purpose programming language. The company was born from the founders' need to move past prototyping when building solutions for clients. Midio emphasizes fast prototyping and robust third-party service integration to handle less common scenarios that existing low-code tools struggle with. Financially, Midio completed a $660,000 pre-seed funding round. The round attracted institutional and angel backers from the Norwegian tech community.
- All Gravy
Led · Seed · Oct 2022
All Gravy is an AI-driven workforce management platform founded in 2020 that centralizes communications, operations, and learning for frontline employees. The platform offers features such as flexible pay, scheduling, internal messaging, training modules, and engagement surveys. It serves over 1,000 businesses globally and operates across the UK, Denmark, Norway, and Sweden, including major UK brands like Dishoom, Pizza Pilgrims, Honest Burgers, and Ottolenghi. The company has raised €2.6M in Seed funding to date. All Gravy plans to use the funding to accelerate its UK expansion, enhance product development, and further integrate AI into its workforce management tools to improve efficiency and engagement. Founders are Jonatan Marc Rasmussen and Kristian Lundager. All Gravy builds a people operating system aimed at hourly-paid workers in retail and hospitality, combining instant access to earned wages, incentives and workforce analytics. The product provides qualitative and quantitative insights to help HR and operations make strategic decisions to reduce churn. The company says its tool drives 20% more shifts taken per employee and 15% increased retention. All Gravy has signed over 150 restaurants and counts McDonald’s among its clients. Founded in 2020 in Copenhagen, the team plans to build out its product suite and accelerate growth in Denmark and Sweden. Leadership highlights include CEO Jonatan Rasmussen and CTO Kristian Lundager, who emphasize solving churn, sentiment and engagement issues for employers.
- Steep
Participated · Seed · Oct 2022
Steep is a Stockholm-based analytics startup that builds business intelligence tools focused on metric-first data exploration. The company is releasing an AI-enabled interface that lets users input data requirements in natural language to generate, explore, share, or save charts to reports. Steep emphasizes metrics instead of dashboards to enable non-technical users to do more on their own and to let data teams work smarter. The product is natively built for the semantic layer in modern data infrastructure. Customers such as Voi have reported meaningful impact from adopting Steep’s approach. Connect Ventures cited the team’s user-centric product focus and the market opportunity as reasons to invest. Steep offers an intuitive analytics product designed to solve the last-mile problem of getting data to the right people across an organisation. Its interface emphasizes ease of use with customizable dashboards, ready-made widgets, and free exploration of KPIs so non-technical users can self-serve. The product enables teams to comment on and discuss specific trends in real time and supports a structured, opinionated approach where a few data experts can serve a larger organisation. Steep positions itself to shift analytics from specialist single-player workflows to multiplayer collaboration across roles, mirroring trends seen in workplace SaaS. The company plans continued product development, a recruitment drive, and a product launch across European and US markets funded by its recent raise.