Organization · Holding Company
CodeLab Capital
CodeLab Capital is a Nordic-based investment holding company focused on acquiring and supporting profitable or near-profitable B2B SaaS companies in the Nordic region. It emphasizes a roll-up strategy in sectors such as healthcare IT and cloud services.
Overview
What CodeLab Capital does
What CodeLab Capital is
CodeLab Capital is a Nordic-based investment holding company focused on acquiring and supporting profitable or near-profitable B2B SaaS companies in the Nordic region. It emphasizes a roll-up strategy in sectors such as healthcare IT and cloud services.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Holding Company
- Structured capabilities
- Funder
- Last reviewed
- April 9, 2026
Official channels
Find CodeLab Capital elsewhere
Open the official website or a supported primary organization account.
Capability profile
CodeLab Capital as a funder
Investment thesis
CodeLab Capital focuses on acquiring and supporting profitable or near-profitable small SaaS companies in the Nordic region, particularly in healthcare IT and occupational health & safety, to drive sustainable growth and positive impact.
Focus narrative
CodeLab Capital invests primarily in technology companies, with a strong emphasis on Software as a Service (SaaS) and mobile applications. The organization seeks to support companies that have the potential to shape the future and contribute to a better world, focusing on profitable or high-growth small SaaS businesses in the Nordic region.
Value beyond capital
CodeLab Capital adds value to its portfolio companies through strategic guidance, access to a vast network, and financial support aimed at driving growth and enhancing operational efficiency. The organization leverages its expertise in the SaaS sector to help companies scale effectively and achieve sustainable profitability.
Terms and economics
- Typical check
- $1,000,000–$5,000,000
- Sweet spot
- $3,000,000
Focus and fit
- Stages
- Seed · Series A · Series B · Growth Equity
- Regions
- Nordics
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 6
Portfolio context
Notable portfolio companies include: PatientSky: A leading EHR platform in Norway with over 70% market share, founded in 2014. PatientSky App: A mobile application aimed at reducing the distance between patients and healthcare professionals, founded in 2017. Programvareforlaget: A Norwegian EHR solution focused on customized functionality and close customer relationships, acquired in 2017. Hove Medical: A leading EHR SaaS solution for doctors in Norway, acquired in 2018. Infodoc: A company supporting healthcare specialists with software solutions for over 40 years, acquired in 2020. Kuba: An experienced Norwegian SaaS company delivering occupational health services and compliance software, acquired in 2025.
Common questions
What to know about CodeLab Capital
Upseed classifies CodeLab Capital under the Holding Company organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
April 9, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.