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Organization · Venture Capital

Northzone

Northzone is a multi-stage venture capital fund based in Oslo, Norway, investing in technology companies across Europe and the United States. Founded in 1996, it partners with entrepreneurs from Seed to Growth stages.

Venture CapitalFunder
Official website (opens in a new tab)

Overview

What Northzone does

What Northzone is

Northzone is a multi-stage venture capital fund based in Oslo, Norway, investing in technology companies across Europe and the United States. Founded in 1996, it partners with entrepreneurs from Seed to Growth stages.

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
Venture Capital
Founded
Founded in 1996
Approximate age
About 30 years
Structured capabilities
Funder
Last reviewed
February 26, 2026

Official channels

Find Northzone elsewhere

Open the official website or a supported primary organization account.

Capability profile

Northzone as a funder

Review pitching guidance (opens in a new tab)

Investment thesis

Backing exceptional founders across Europe and increasingly the US with deep Nordic ecosystem expertise

Focus narrative

Consumer internet, SaaS, e-commerce, marketplaces, fintech. Nordic-first with expanding transatlantic presence.

Value beyond capital

Deep Nordic ecosystem. Founded by former entrepreneurs with founder-first philosophy. Expanding to US via NYC office.

Terms and economics

Typical check
$1,000,000–$20,000,000
Sweet spot
$5,000,000

Focus and fit

Stages
Seed · Series A · Series B

Availability

Currently deploying
Yes

Portfolio and track record

Portfolio context

Spotify, iZettle, Trustpilot, Kahoot!, Catawiki, LastPass

Connected ecosystem

Continue from Northzone

These links use structured organization type, sector, and regional relationships. They do not imply endorsement or commercial similarity.

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Structured sector focus

Fintech10,182 funders · 162 programsConsumer8,797 funders · 98 programsSaaS & Cloud Software6,455 funders · 59 programsE-Commerce609 funders · 9 programs

Structured regional focus

EuropeContinent · 12,949 organizationsNorth AmericaContinent · 19,613 organizationsNordicsEconomic · 647 organizations

Common questions

What to know about Northzone

Upseed classifies Northzone under the Venture Capital organization type. Its current public profile includes funder capabilities.

Next step

Keep comparing startup organizations

Return to the organization index or continue through a verified sector, place, peer, or program connected to this profile.

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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

February 26, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

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