Ardoq

Oslo, Norway Founded: 2013 • Age: 13 yrs Minicorn
Cloud-based tools for enterprise architecture management and visualization are provided.

About Ardoq

Ardoq is a Technology company based in Oslo (Norway) founded in 2013 by Magnulf Pilskog and Erik Bakstad. Cloud-based tools for enterprise architecture management and visualization are provided. Ardoq has raised $158.5 million across 7 funding rounds from investors including EQT, StartupLab and One Peak. Ardoq was last valued at $300 million in March 2022. Its chief executive, as recorded, is Erik Bakstad. Its website ardoq.com draws about 124 thousand monthly visits. Ardoq offers products and services including Ardoq Platform, Analytics and Insights, and AI Capabilities. Its focus areas include Enterprise Infrastructure, IT Operations, ITOM and Enterprise Architecture Management. Its legal entity is Ardoq AS.

Company details

Ardoq was founded in 2013 in Oslo, Norway, within the enterprise architecture management sector. Cloud-based solutions are offered for collaborative visualization and diagramming. Various diagrams, including process flows, component diagrams, treemaps, sequence diagrams, integration maps, and relationship diagrams, are generated by the software. Business process modeling and integrations with other systems are also supported, enabling structured analysis of organizational components.

  • Headquarters Oslo, Norway
  • Founders Magnulf Pilskog, Erik Bakstad
  • Stage Minicorn
  • Sectors
    Technology
  • Website category Computers Electronics and Technology · Programming and Developer Software
  • Email
    ••••••••
  • Website ardoq.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Ardoq As
Operational Areas
Key Metrics
  • Total Equity Funding
    $158.5M (USD)

    in 7 rounds

  • Latest Funding Round
    $125M (USD), Series D

    Mar 2022

  • Investors
    EQT

    & 10 more

Products & Services of Ardoq

Ardoq offers a comprehensive portfolio of products and services, including Ardoq Platform, Analytics and Insights, and AI Capabilities.

Ardoq Platform
Enterprise Architecture Software

Tool for dynamic IT modeling and dependency visualization

Analytics and Insights
Data Analytics

Provides updated reports and dashboards for business decisions

AI Capabilities
Innovation Tools

Enables AI-driven enterprise design and strategy modeling

Apps and channels of Ardoq

its YouTube channel Ardoq has 1.02K subscribers and 30 videos.

Ardoq
YouTube 1.02K subscribers 30 videos Science & Technology
Open channel

Videos from Ardoq

The most watched videos on Ardoq's YouTube channel, Ardoq (1.02K subscribers). Click a video to play it here.

Ardoq | Introducing Data Inventory - Unlock Easier Data Management in Ardoq
553 views
Meet Ardoq: From Static to Dynamic, Data-Driven Enterprise Architecture
430 views
AI Business Process Modeling with Ardoq & Celonis | AI-Driven Insights for Enterprise Architects
333 views
Solution Architecture in Ardoq: Modeling, Lucid Integration & Cloud-Ready Delivery
316 views

More on Ardoq.

Funding Insights of Ardoq

Ardoq has successfully raised a total of $158.5M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $125 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $158.5M
  • Total Rounds 7
  • Last Round Series D — $125M
  • Investors Count 11

All 7 funding rounds of Ardoq with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2022$125MSeries D$300MEQT
Mar 2021$26MSeries C–Norselab, Altitude Capital Partners
Jun 2020$6.26MSeries A–Bertel O. Steen Kapital
Jan 2019Series B––
Jan 2016$1.24MSeed––
Jan 2015Seed––
Jun 2013Seed––
Valuation history
DateValuationStage
Mar 2022$300M••••••••

Last known valuation $300M (Mar 2022). 11 investors in total: 9 institutional and 2 angel.

Investors in Ardoq

Ardoq has secured backing from 11 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include EQT, StartupLab and One Peak.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
EQT is recognized as a global investment organization focused on value creation.
1994eqtgroup.comStockholm, Sweden
Venture capital investment in tech-enabled healthcare, cybersecurity and climate-tech startups
onepeak.techLondon, United Kingdom
Investments in Nordic growth companies are managed long-term.
bertelosteenkapital.comOslo, Norway
Norselab is engaged in impact asset management activities.
norselab.comOslo, Norway
Venture capital funding is provided to Norwegian tech companies.
idek.noOslo, Norway
altitudecp.com
Venture capital fund and startup accelerator focused on early stage companies
2012startuplab.noOslo, Norway
firda.com
500nordics.co

Geir Førre

Norwegian angel investor in Indian startups, serial entrepreneur, tech-focused
unknown_1379d606c29e45ba9
Premium access

Investor details for Ardoq

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
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Verified entity values are shown only after access is granted.

People of Ardoq

66 people are tracked at Ardoq (27 in leadership, 39 in team).

NameRoleGroup
Magnulf Pilskog
Co-FounderLeadership
Erik Bakstad
Co-Founder & CEOLeadership
Erik Assum
Director Of Platform EngineeringLeadership
Øystein Ellingbø
Chief Technology OfficerLeadership
Bård Bognøy
CFOLeadership
Ian Stendera
Chief Product OfficerLeadership
Kristine Marhilevica Johansen
Global Senior Director, Customer SupportLeadership
Mateusz Słupny
Head Of Engineering – IntegrationsLeadership
Oliver Taylor
VP Strategic FinanceLeadership
Isanda Notshe
Head Of Quality AssuranceLeadership
Beth Attwood
VP Regional MarketingLeadership
Ingrid Naustdal
Chief Strategy OfficerLeadership
Heidi Mattison
Chief Customer OfficerLeadership
Simon Walker
Global Director Of People OperationsLeadership
Joy Dempsey
Global Director Of Business DevelopmentLeadership
Kingsley MacEy
Chief People OfficerLeadership
Ole Martin Braaten
Director Of Finance And AccountingLeadership
Bård Bergersen
VP, LegalLeadership
Jason Baragry
Chief Enterprise ArchitectLeadership
Monica Visconti-Patel
CMOLeadership

46 more people are available in the full profile.

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Complete people profiles for Ardoq

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Ardoq

4 dated milestones of Ardoq across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ardoq is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series D, of $125.0M.
  4. Milestone Reaches Minicorn status.

Web traffic of Ardoq

The website of Ardoq (ardoq.com) receives about 123.9K visits a month and ranks #283,942 among all websites worldwide, #6,636 in Programming and Developer Software.

  • Monthly visits
    123.9K

    ▲ 10% vs previous month

  • Unique visitors
    40K

    per month

  • Global rank
    #283,942

    among all websites

  • Category rank
    #6,636

    Computers Electronics and Technology · Programming and Developer Software

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Verified entity values are shown only after access is granted.

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Related news about Ardoq

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Complete news archive for Ardoq

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Frequently Asked Questions about Ardoq

Ardoq was founded in 2013.

Ardoq is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.

Erik Bakstad is the CEO of Ardoq, as recorded in our data. They have also founded this company.

Ardoq is a funded company, having raised a total of $158.5M across 7 funding rounds to date.

Ardoq was founded in 2013 in Oslo, Norway, within the enterprise architecture management sector. Cloud-based solutions are offered for collaborative visualization and diagramming. Various diagrams, including process flows, component diagrams, treemaps, sequence diagrams, integration maps, and relationship diagrams, are generated by the software. Business process modeling and integrations with other systems are also supported, enabling structured analysis of organizational components.

Ardoq offers Ardoq Platform, Analytics and Insights, and AI Capabilities.

Ardoq has 11 investors. Key investors include EQT, StartupLab, One Peak, Bertel O. Steen Kapital, and Norselab.

The valuation of Ardoq is $300M as of Mar 2022.

Ardoq operates through Ardoq As.

The website of Ardoq receives about 124 thousand visits a month and ranks #283,942 among all websites worldwide.

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