Neptune Software

Oslo, Norway Founded: 2011 • Age: 15 yrs Acquired By Triton Partners
Provider of low-code application development platform

About Neptune Software

Neptune Software is a Technology company based in Oslo (Norway) founded in 2011 by Andreas Grydeland Sulejewski, Ole Andre Haugen, and Njal Stabell, and was acquired by Triton Partners in June 2022. Provider of low-code application development platform. Neptune Software has raised $10.44 million across 2 funding rounds from investors including Triton Partners, Standout Capital and Lars Allstädt. The company has 53 employees. Its chief executive, as recorded, is Andreas Grydeland Sulejewski. Its website neptune-software.com draws about 73 thousand monthly visits. Its Indian entity Neptune Suppliers Private Limited reported revenue of ₹15.95 Cr. Neptune Software offers products and services including Neptune DXP. Its focus areas include Enterprise Infrastructure, Application Development Tools, Code Development and Low Code Development Platforms.

Company details

Neptune Software was founded in 2011 in Oslo, Norway, as a provider of a low-code application development platform. The platform supports no-code and low-code environments that integrate with existing IT architectures, cloud systems, or back-end databases such as MySQL and MongoDB. Features like drag-and-drop interfaces and containerization compatibility with Docker and Kubernetes are included. Operations serve clients in various sectors, including government and consumer goods.

  • Headquarters Oslo, Norway
  • Employees 53
  • Founders Andreas Grydeland Sulejewski, Ole Andre Haugen, Njal Stabell
  • Stage Acquired
  • Sectors
    Technology
  • Website category Computers Electronics and Technology · Programming and Developer Software
  • Phone
    •••• ••••
  • Website neptune-software.com
  • Social LinkedIn X Facebook
  • Acquired by Triton Partners (Jun 2022)
  • Legal Name Neptune Suppliers Private Limited
  • Date of Incorporation 22 Feb, 2007
Key Metrics
  • Indian entity revenue
    ₹15.95 Cr

    FY 2024 · -45% YoY

  • Indian entity net profit
    ₹22 Lakh

    FY 2024 · 1% margin

  • Indian entity EBITDA
    ₹40.4 Lakh

    FY 2024 · 3% margin

  • Total Equity Funding
    $10.44M (USD)

    in 2 rounds

  • Latest Funding Round
    $8.69M (USD), Series A

    Jun 2018

  • Investors
  • Employee Count
    53
  • Acquired by

Products & Services of Neptune Software

Neptune Software offers a comprehensive portfolio of products and services, including Neptune DXP.

Neptune DXP
Low-Code Platform

Enables rapid development of SAP-centric applications for business efficiency.

Funding Insights of Neptune Software

Neptune Software has successfully raised a total of $10.44M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8.69 million completed in June 2018. 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 $10.44M
  • Total Rounds 2
  • Last Round Series A — $8.69M
  • First Round $1.75M

    (Mar 2016)

  • Investors Count 2

All 2 funding rounds of Neptune Software with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2018$8.69MSeries A–Standout Capital
–
Mar 2016$1.75MAngel Round–Lars Allstädt
–
Valuation history

3 investors in total: 2 institutional and 1 angel.

Investors in Neptune Software

Neptune Software has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Triton Partners, Standout Capital and Lars Allstädt.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
standoutcapital.com
Private equity and debt fund focused on service, healthcare, consumer, and industrial sectors
1997triton-partners.comLondon, United Kingdom

Lars Allstädt

unknown_5b29c45f47bd4dd9a
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Investor details for Neptune Software

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Board of directors of Neptune Suppliers Private Limited (Neptune Software)

Neptune Suppliers Private Limited is the primary company behind Neptune Software. The board of Neptune Suppliers Private Limited currently have 2 directors; the longest-serving is Nitin Bansal, appointed in 2014. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Nitin Bansal
DIN 03550949
Director02 Apr 201412 yrs 6 moNeptune Suppliers Private Limited
Beena Agrawal
DIN 03551625
Director02 Apr 201412 yrs 6 moNeptune Suppliers Private Limited

People of Neptune Software

52 people are tracked at Neptune Software (26 in leadership, 26 in team); the tracked headcount is 53.

NameRoleGroup
Andreas Grydeland Sulejewski
Co-Founder & CEOLeadership
Ole Andre Haugen
Co-Founder & CTOLeadership
Njal Stabell
Co-Founder & CIOLeadership
Ole-André Haugen
CTO & Co-FounderLeadership
Frode Helland
Chief Sales OfficerLeadership
Elling Skjetlein
COOLeadership
Vincent Kruse
Managing Director, Neptune Software UKILeadership
David Brockington
Director, Channels – AmericasLeadership
Barbara Gonzalez
Vice President Global MarketingLeadership
Laura Lenti
VP EMEALeadership
Dirk Smit
Global Sales DirectorLeadership
Thorsten Wolf
Chief ArchitectLeadership
Ivar Blekastad
Group CFO Neptune SoftwareLeadership
Martin Fischer
Head Of Tech EnablementLeadership
Morten Prom
Chief Product Design ArchitectLeadership
Helder Goncalves
Chief Product OfficerLeadership
Aida Sopa
Chief People OfficerLeadership
Jeffrey Piszczek
Vice President Of Sales - AmericasLeadership
Matthew Darvell-Wright
Head Of UKI & FranceLeadership
Christoph Garms
Managing Director, Neptune Software GermanyLeadership

32 more people are available in the full profile.

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Financials of Neptune Software

Figures of Neptune Suppliers Private Limited, the primary company behind Neptune Software, for FY 2024. Revenue was ₹15.95 Cr (-45% year on year). Net profit was ₹22 Lakh (1% margin). EBITDA was ₹40.4 Lakh (3% margin). Revenue has grown at a compounded annual rate of +65% over three years and +17% over five years.

  • ₹15.95 CrRevenue · FY 2024 · -45% YoY
  • ₹22 LakhNet profit · 1% margin
  • ₹40.4 LakhEBITDA · 3% margin
  • ₹46.1 LakhPaid-up capital
  • +65%Revenue CAGR, 3 years
  • +17%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Neptune Suppliers Private Limited are on its company page.

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Detailed financial statements for Neptune Software

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Verified entity values are shown only after access is granted.

Timeline of Neptune Software

4 dated milestones of Neptune Software across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Neptune Software is founded.
  2. Funding First funding round of $1.8M.
  3. Funding Latest funding round, Series A, of $8.7M.
  4. Exit Acquired by Triton Partners.

Web traffic of Neptune Software

The website of Neptune Software (neptune-software.com) receives about 73.3K visits a month and ranks #450,077 among all websites worldwide, #10,592 in Programming and Developer Software.

  • Monthly visits
    73.3K

    ▼ 16.3% vs previous month

  • Unique visitors
    35K

    per month

  • Global rank
    #450,077

    among all websites

  • Category rank
    #10,592

    Computers Electronics and Technology · Programming and Developer Software

Similar websites

Websites whose visitors overlap most with Neptune Software. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
scn.sap.com
scn.sap.com
100%
–
techlorean.com
87%
#2,154,541View details
itpfed.com
itpfed.com
86%
#1,807,677–
software-heroes.com
software-heroes.com
83%
#665,211–
frogslayer.com
77%
4.2K#4,248,878View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Verified entity values are shown only after access is granted.

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Related news about Neptune Software

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Frequently Asked Questions about Neptune Software

Neptune Software was founded in 2011 and raised its 1st funding round 5 years after it was founded.

Neptune Software is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.

Andreas Grydeland Sulejewski is the CEO of Neptune Software, as recorded in our data. They have also founded this company.

Neptune Software is a funded company, having raised a total of $10.44M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $1.75M, raised on Mar 2016.

Neptune Software has 53 employees.

The primary company behind Neptune Software, Neptune Suppliers Private Limited, reported revenue of ₹15.95 Cr for FY 2024, down 45% year on year.

Neptune Software was founded in 2011 in Oslo, Norway, as a provider of a low-code application development platform. The platform supports no-code and low-code environments that integrate with existing IT architectures, cloud systems, or back-end databases such as MySQL and MongoDB. Features like drag-and-drop interfaces and containerization compatibility with Docker and Kubernetes are included. Operations serve clients in various sectors, including government and consumer goods.

Neptune Software offers Neptune DXP.

Neptune Software has 3 investors. Key investors include Triton Partners, Standout Capital, and Lars Allstädt.

Neptune Software operates through Neptune Suppliers Private Limited.

Yes. Neptune Software was acquired by Triton Partners in June 2022.

The legal entities of Neptune Software currently have 2 directors, including Nitin Bansal, Beena Agrawal.

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