NetNordic

Oslo, Norway Founded: 2001 • Age: 25 yrs Acquired By Norvestor
Cybersecurity, cloud, network, and collaboration solutions are provided.
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About NetNordic

NetNordic is a company based in Oslo (Norway) founded in 2001 was acquired by Norvestor in June 2017.. NetNordic has completed 12 acquisitions, including Antigo, Bolero and Curacom.

  • Headquarter Oslo, Norway
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
    $223.67 M (USD)
    9
    as on Dec 31, 2022
  • Net Profit
    $505.71 K (USD)
    -88
    as on Dec 31, 2022
  • EBITDA
    $-6.25 M (USD)
    -516
    as on Dec 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Antigo

    & 11 more

  • Acquired by
    Norvestor

    (Jun 29, 2017)

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People of NetNordic
Headcount 200-500
Employee Profiles 7
Employee Profiles
People
Fredrik Rosman
Managing Director, Sweden
People
Ulrik Kjeldgaard
Managing Director, Denmark
People
Nina Stemshaug
Group CFO
People
Mika Vihervuori
Managing Director, Finland

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Funding Insights of NetNordic

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in NetNordic

NetNordic has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Norvestor. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity firm focused on acquisitions
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by NetNordic

NetNordic has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include Antigo, Bolero and Curacom. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
System development, networking, cloud, and security services are provided.
2019
Provider of IT service suite solutions
2014
UX design, system integration, and IT consultancy services are provided.
2014
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - NetNordic

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Netnordic Comparisons

Employees
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Competitors of NetNordic

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Netnordic

Frequently Asked Questions about NetNordic

When was NetNordic founded?

NetNordic was founded in 2001.

Where is NetNordic located?

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

What is the annual revenue of NetNordic?

Annual revenue of NetNordic is $223.67M as on Dec 31, 2022.

What does NetNordic do?

NetNordic was founded in 2001 and is headquartered in Oslo, Norway. Operations focus on the IT sector, where cybersecurity, cloud, network, and collaboration solutions are delivered. Services encompass security operations centers, threat intelligence, cloud migration and management, network design and implementation, communication systems integration, and data analytics. Professional services, including project management and system development, are offered to clients across various industries.

How many acquisitions has NetNordic made?

NetNordic has made 12 acquisitions, including Antigo, Bolero, and Curacom.

Who are NetNordic's investors?

NetNordic has 1 investor. Key investors include Norvestor.

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