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Viking Growth

Kongens gate 8, Trondheim, Trøndelag, 7011, Norway

Overview

Viking Growth is the leading software investor specializing in scaling Nordic B2B software companies. With over 20 years of experience, Viking Growth focuses on helping innovative software companies achieve international growth. Based in Trondheim, Norway, Viking Growth partners with ambitious software companies by providing capital, strategic expertise, and operational support to accelerate their journey. Viking Growth currently maintains an active portfolio of 19 companies across the Nordics with NOK 4 billion in ARR.

Total investments
1
Lead investments
1
Investments · 12mo
1
Active investors
8

Sector focus

  • B2B
  • Finance
  • Financial Services
  • FinTech
  • Information Technology
  • SaaS
  • Software
  • Venture Capital
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Investment portfolio

  • Inretrn

    Led · Equity · May 2026

    Inretrn has developed a platform that automates the operational decisions behind returns, exchanges, claims and repairs and manages the after-purchase process from case initiation to refund and making the product available for resale. The company routes each returned product to the destination deemed most profitable, such as resale, repair, specific stores or claims handling. Its customer base includes brands and retailers like Stadium, Gina Tricot, Nelly, Björn Borg, Nudie Jeans and Svenskt Tenn. The Swedish e-commerce market is cited at over 153 billion kronor annually, and analyses referenced in the article estimate poor after-purchase flows cost Swedish retailers more than 7 billion kronor per year. Inretrn emphasizes product depth and domain expertise and plans to use the new capital for further product development and expansion across Europe. The company has participated in industry debates about return costs and profitability and advocates analyzing lifetime customer profitability rather than isolated return rates.

Team