Software and SaaS investors backing startups in Norway
12 investors hold two or more software and SaaS startups in Norway each, 33 portfolio startups in all. The most active here are Alliance Venture Capital (7), Investinor (6) and Skyfall Ventures (5). 4 of them are accelerators.
Investors backing startups in Norway
| Investor | Startups here | Portfolio rounds, 12 mo | Latest activity |
|---|---|---|---|
 Alliance Venture CapitalVenture capital · Enode, Xeneta, Unleash | 7 | 9 | Sep 2026 |
 InvestinorVenture capital · Norway · Timely, Xeneta, Ignite Procurement | 6 | – | Feb 2019 |
 Skyfall VenturesVenture capital · Norway · Enode, Vev, Optio Incentives | 5 | 1 | Apr 2026 |
 IdekapitalVenture capital · Norway · Falkor, Simplifai, Decisions | 4 | – | – |
 THEFACTORY ASAccelerator · Norway · Testhub, Romly, Parallelo | 4 | – | – |
 AntlerAccelerator · Singapore · Kobbr, Mainteny, AiBA | 3 | 59 | Nov 2026 |
 TechstarsAccelerator · United States · AnsuR, Think Outside | 2 | 110 | Nov 2026 |
 500 GlobalAccelerator · United States · Timely, Imerso | 2 | 35 | Oct 2026 |
 Point NineVenture capital · Germany · Xeneta, Whereby | 2 | 15 | Oct 2026 |
 AxcelPrivate equity · Denmark · Bekk, SuperOffice | 2 | – | – |
 Magnus JepsonAngel network · Norway · PaleBlue, Installer | 2 | – | – |
 SNÖVenture capital · Timely, Ignite Procurement | 2 | – | – |
The most backed startups in Norway
| Startup | Investors in this list |
|---|---|
 Timely | 3 |
 Xeneta | 3 |
 Ignite Procurement | 2 |
 Optio Incentives | 2 |
 Shorelinewind | 2 |
 Enode | 2 |
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Questions
Who invests in software and SaaS startups in Norway?
12 investors hold two or more software and SaaS startups in Norway each, 33 portfolio startups in all. The most active here are Alliance Venture Capital (7), Investinor (6) and Skyfall Ventures (5). 4 of them are accelerators.
How is this list built?
From what each investor holds: the portfolio page it publishes, the Y Combinator directory and the announced rounds that name it. An investor counts for Norway when at least two of its portfolio companies are based there; the list is rebuilt every night from 2,418 portfolios.