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Varma

Salmisaarenranta 11, Helsinki, Uusimaa, 00180, Finland

Overview

Pension insurance services and well-being guidance for employees.

Founded

1998

Deals · 12mo

4

Links

WebsiteLinkedInX (Twitter)

Stage focus

Series A
Series B

Geographic focus

Finland

Sector focus

—

Investment portfolio

11rounds
NAMEDATESIZE
Verda (DataCrunch)
Sep 2026Participated
$189 MSeries B
Steady Energy
Sep 2026Participated
$127 MOther Equity
ICEYE
Jun 2026Participated
$520 MSeries F
Verda (DataCrunch)
Apr 2026Participated
$117 MOther Equity
ReOrbit
Sep 2025Participated
$53 MSeries A
Verda (DataCrunch)
Sep 2025Led
$64 MSeries A
IQM Quantum Computers
Sep 2025Participated
$320 MSeries B
eBrands
Mar 2025Led
$9 MOther Equity
Haltian
Apr 2023Participated
$24 MOther Equity
IQM Quantum Computers
Jul 2022Participated
$131 MSeries A
eBrands
May 2022Participated
$30 MOther Equity
Verda (DataCrunch)
Sep 2026Participated
$189 MSeries B
Steady Energy
Sep 2026Participated
$127 MOther Equity
ICEYE
Jun 2026Participated
$520 MSeries F
Verda (DataCrunch)
Apr 2026Participated
$117 MOther Equity
ReOrbit
Sep 2025Participated
$53 MSeries A
Verda (DataCrunch)
Sep 2025Led
$64 MSeries A
IQM Quantum Computers
Sep 2025Participated
$320 MSeries B
eBrands
Mar 2025Led
$9 MOther Equity
Haltian
Apr 2023Participated
$24 MOther Equity
IQM Quantum Computers
Jul 2022Participated
$131 MSeries A
eBrands
May 2022Participated
$30 MOther Equity
11
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Insights

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Deal Distribution

Varma: 11 funding rounds are recorded in the selected participation categories.All available history.
Varma: 11 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A12
Series B02
Series C+01
Other Equity14

Monthly Deal Activity

Varma: 11 deals are recorded across 54 months.All available history.
Varma: 11 deals are recorded across 54 months. All available history
MonthDeals
May '221
Jun '220
Jul '221
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '231
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '251
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '253
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '261
May '260
Jun '261
Jul '260
Aug '260
Sep '262
Oct '260

Sector Breakdown

Varma: Consumer & Lifestyle is the largest displayed sector by deal count (4 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Varma: Consumer & Lifestyle is the largest displayed sector by deal count (4 deals). All available history
SectorDeals
Consumer & Lifestyle4
Networks, Cloud & Communication4
Hardware & Robotics4
Space & Frontier Tech4
AI & Machine Learning3
Marketing & Advertising2
E-Commerce & Retail2
Professional Services2
Enterprise Software1
Manufacturing1
Clean Energy & Sustainability1
Real Estate & Construction1

Deal Size Distribution

Varma: 11 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Varma: 11 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M1
$10M-$25M1
$25M-$50M1
$50M-$100M2
$100M-$250M4
$250M-$500M1
$500M-$1B1
$1B+0

Deals By Geography

Varma: Europe has the largest recorded deal count among the displayed regions (11 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Varma: Europe has the largest recorded deal count among the displayed regions (11 deals). All available history
RegionDeals
Europe11
Varma: 20 co-investors are shown, with Tesi sharing 8 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Varma: 20 co-investors are shown, with Tesi sharing 8 recorded deals. All available history
Co-investorShared deals
Tesi8
byFounders3
Lifeline Ventures3
Bayern Kapital2
EIC Fund2
Elo2
European Investment Bank2
Icebreaker.vc2
Ilmarinen2
Inventure2
Veikko Laine2
10x Founders1
6 Degrees Capital1
Elo Mutual Pension Insurance Company1
Emergence Capital1
Expansion VC1
Fortum1
General Atlantic1
J12 Ventures1
Maki.vc1

Investment Strategy

Varma: Led accounts for 18% and participating for 82% of round participation.All available history.
Varma: Led accounts for 18% and participating for 82% of round participation. All available history
CategoryDeals (count)Share (%)
Led218%
Participating982%
Varma: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
Varma: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led2100%

Team

Juho Taskinen, CFA
Risto Murto

CEO

Tiina Kurki

SVP Pension Services and IT

Timo Sallinen

Senior Vice-President, Investments

Tommi Walther, CFA