Verdane
- Company typePrivate
- Founded2003
- HeadquartersOslo, Norway
- Headcount101–250
- GTM typeB2B
- OfferingServices
Verdane firmographics
Firmographics- Name
- Verdane
- Legal name
- Verdane Advisors Holding AS (holding entity of the Verdane Group, which operates through Verdane Fund Manager AB, Verdane Advisors AB/AS/GmbH/ApS/Oy/Ltd, and Verdane Elevate AB/AS/GmbH)
- Website
- https://verdane.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Verdane industry classification
Industry- Product category
- Growth Equity Investment
- NAICS
- Management Consulting Services (54161)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Corporate Fintech / Insurtech CVC (Financial-services-led CVC) (FSANAHAK)
Keywords
Where Verdane is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices7 records
Markets served
Verdane business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Private equity fund management fees and carried interest: Verdane operates as a specialist growth equity firm managing multiple fund vintages (Verdane Freya, Edda, Idun families) that have raised €10 billion in total capital. Revenue derives from management fees on committed/invested capital and carried interest/performance fees on realised investments, plus capital gains from exits of portfolio equity stakes. Latest funds include Freya XII (€2.0bn, 2025), Idun II (€700m, 2024), Edda III (€1.1bn, 2024), Freya XI (€1.1bn, 2023).
- Continuation vehicle fund management: Closed €635 million multi-asset continuation vehicle anchored by Arrive Group alongside Talentech and Pet Media Group, with Coller Capital as sole lead investor. Provides management fees and future carried interest on the extended investment horizon for these three assets.
- Realisations and exits: Revenue recognition through portfolio exits: e.g., Hornetsecurity (€1.8 billion exit to Proofpoint), Danelec (€194 million sale to GTT), Cleanwatts (full exit to DWS), Stratsys (merger with Hypergene), Reason Studios (sale to LANDR), Talentech (continued holding post-merger with Grade), Pet Media Group (continued via CV), Lumene (partial realisation to Creades-led investors), Kairós / Smartbox, Tom, Bluewater Bio, Nordic Vehicle, Silva, WoolOvers, Purity, Papirfly, Augmentum Fintech, etc.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Equity ticket sizes for portfolio investments |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels9 records
Verdane product offering
Product offeringCore offering
Verdane is a specialist European growth equity investment firm that deploys flexible capital (EUR 20M to EUR 150M+ tickets) from multiple fund families — Verdane Freya for portfolio and lower mid-market deals, Verdane Edda for individual mid-market companies, and Verdane Idun for sustainability-focused investments — into tech-enabled and sustainable European businesses. Its offering is layered with Verdane Elevate, an in-house team of 30+ operational experts delivering hands-on support across commercial, data and AI, talent, finance, sustainability, and technology functions, plus Verdane Connect, a peer community platform engaging nearly 1,000 senior executives.
Product overview
Verdane is not a single software product but a specialist European growth equity investment firm offering a platform-plus-modules architecture across three fund families (Freya for portfolio and lower mid-market deals, Edda for mid-market single companies, and Idun for sustainability-focused investments) layered with two cross-portfolio value-creation modules: Verdane Elevate, an in-house operational toolbox with 30+ experts delivering support across Commercial/GTM, Data & AI, Talent, Finance, Technology, Sustainability, and Senior Advisors; and Verdane Connect, a peer-to-peer community platform serving close to 1,000 senior executives across eight functional communities. Together, the funds form the capital-deployment core, while Elevate and Connect form the operational and network modules that add value across all portfolio companies. Verdane is also partly owned by the Verdane Foundation (focused on climate change and inclusive communities) and has established the Njord Carbon joint venture with Södra for permanent carbon removal via BECCS technology.
Differentiator
Problem solved
Functional benefit
Brands
- Verdane Elevate: In-house operational expert team (30+ experts) within Verdane providing dedicated support across commercial excellence, cybersecurity, data, finance, sustainability, talent and technology to portfolio companies.
- Verdane Connect
- Njord Carbon
- Arrive Group
Products and services
- Verdane Freya Funds (Freya IV–XII)
Quantifiable outcome
- More than EUR 10 billion in capital raised across Verdane funds
- +5 more outcomes
Companies that use Verdane
Customer profileSegments5 records
Ideal customer profiles3 records
Verdane technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature5 records
Verdane partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered flagship, minor and core.
- Telenorflagship50/50 joint ownership arrangement over Telenor Connexion, the Norwegian telco's IoT unit. The transaction values Telenor Connexion at SEK 7.5 billion (enterprise value 18x 2025 EBITDA of ~SEK 415 million on revenues of ~SEK 1.3 billion). Each party commits an additional SEK 2 billion in growth capital. Verdane also acquires Telenor's ownership stakes in Telenor Amp's portfolio companies BLDNG.ai and Whereby. Independent Chair: former Nokia CEO Pekka Lundmark; CEO: Mats Lundquist.
- LazardminorFinancial adviser to Verdane on the EUR 635 million continuation vehicle closing anchored by Arrive Group, Talentech, and Pet Media Group.
- Simpson Thacher & BartlettminorLegal adviser to Verdane on the EUR 635 million continuation vehicle closing; alongside Andulf Advokat.
- Akin GumpminorLegal adviser to Coller Capital on Verdane's EUR 635 million continuation vehicle transaction.
- Taylor WessingcoreLegal adviser to Verdane on multiple recent transactions, including the partnership with Ashcourt Group (UK waste management and sustainable construction materials provider). Marks the third transaction this year where Taylor Wessing has advised Verdane.
- Vitruvian Partners and Searchlight Capital PartnersminorCo-owners alongside Verdane of Arrive Group (the global mobility platform); together they back Arrive's intent to acquire Passport (parking compliance and curbside payment technology company serving 800+ North American cities); transaction subject to US regulatory review.
- BDA PartnersminorFinancial adviser to Salica Investments on the sale of Bluewater Bio to Aquavest (backed by Verdane and Scott Capital Partners). Sale increased Salica Environmental Technologies Fund realised MOIC above 3x.
- Shaw & CominorActed as adviser to Smartbox on a transaction with investment firm Verdane. Specific nature, value, and terms of the deal were not disclosed in the brief announcement.
- MonterrominorAlongside existing investor Verdane, Monterro acquired a majority stake in Kaisa Technologies (SaaS platform for lead capture and customer engagement serving over 100,000 car dealers and Europe's leading digital marketplaces); plans to develop Kaisa into an AI-driven customer engagement platform.
- Verdane FoundationflagshipOwner of Verdane; provides donations, financial support, and selective investments (e.g., Bower, Katapult Ocean, Zcooly) focused on two areas: climate change and more equitable and inclusive local communities.
- SödracoreCo-venturer with Verdane in Njord Carbon, a joint venture developing commercial-scale, high-quality permanent carbon removal projects using Bioenergy with Carbon Capture and Storage (BECCS) technology; aims to offer first commercial carbon credits by 2028.
Scale indicators12 records
Recent moves12 records
Expansion highlights6 records
Verdane competitors and assessment
Company assessmentDirect peers
- IK Partners: European mid-market PE firm with comparable AUM and a pan-European mandate spanning similar sectors including software, B2B services, and consumer. Directly comparable on ticket size, fund structure, and geographic footprint.
- Hg: Specialist European software and technology investor with comparable AUM, sector focus on enterprise/B2B software, and similar growth equity orientation. Most direct comparable on technology-focused growth equity in Europe.
- PAI Partners: European mid-market private equity firm with comparable AUM, pan-European origination, and similar ticket sizes. Overlaps with Verdane on business services, consumer, and selective industrial tech investments.
- Triton Partners: European mid-market PE firm with similar pan-Nordic and DACH focus, comparable AUM, and overlapping investment themes in business services, consumer, and industrial technology.
- Waterland: European mid-market growth investor with comparable pan-European footprint and growth equity orientation, with similar ticket sizes and overlapping consumer/B2B services thematic focus.
- Summa Equity: Nordic-based thematic impact PE firm with sustainability/healthcare focus, directly comparable to Verdane's Idun impact fund family. Similar AUM scale and pan-Nordic origination model.
- LDC (Lloyds Development Capital): UK mid-market PE firm with comparable AUM scale and growth equity orientation, with overlapping investments in business services, consumer brands, and tech-enabled growth in Northern Europe.
Broad incumbents
- EQT Growth: Growth equity arm of EQT, one of Europe's largest alternative asset managers. Overlaps with Verdane on European software and tech-enabled growth investments but operates at a much larger AUM scale and as part of a broader multi-strategy platform.
- Bridgepoint: Large European mid-market PE firm with comparable pan-European footprint and AUM scale, with overlapping investments in business services, consumer, and technology-enabled growth.
- Nordic Capital: Large Nordic/European PE firm that is both a co-investor (Qred/Liberis transaction) and a competitor in mid-market Nordic growth. Comparable on geographic origin and growth-stage orientation but at larger AUM scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Verdane social profiles
Digital presenceVerdane compliance and trust
Trust signalCompliance3 records
Verdane financial estimates
Financial estimateRevenue estimate
Valuation estimate
Verdane leadership team
Management profileNumber of profiles
Profiles20 records
Verdane subsidiaries and ownership
Company hierarchySubsidiaries20 records
Verdane funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Verdane M&A and investment
M&A and investmentM&A55 records
Investments145 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Verdane
What does Verdane do?
Verdane is a specialist European growth equity investment firm that deploys flexible capital (EUR 20M to EUR 150M+ tickets) from multiple fund families — Verdane Freya for portfolio and lower mid-market deals, Verdane Edda for individual mid-market companies, and Verdane Idun for sustainability-focused investments — into tech-enabled and sustainable European businesses. Its offering is layered with Verdane Elevate, an in-house team of 30+ operational experts delivering hands-on support across commercial, data and AI, talent, finance, sustainability, and technology functions, plus Verdane Connect, a peer community platform engaging nearly 1,000 senior executives.
Is Verdane a public or private company?
Verdane is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Verdane founded?
Verdane was founded in 2003. It employs 101 to 250 people.
Where is Verdane based?
Verdane is headquartered in Oslo, Norway, in the Europe region.
How does Verdane make money?
Three revenue lines are on record. Private equity fund management fees and carried interest is the primary driver. The others are continuation vehicle fund management and realisations and exits.
Who are Verdane's main competitors?
Direct peers on record are IK Partners, Hg, PAI Partners, Triton Partners, Waterland, Summa Equity and LDC (Lloyds Development Capital). Broad incumbents are EQT Growth, Bridgepoint and Nordic Capital.
Does Verdane have an API?
No public API is recorded for Verdane.
What industry is Verdane in?
Verdane's product category is Growth Equity Investment. Its primary akta.pro industry code is FSANAHAK, Corporate Fintech / Insurtech CVC (Financial-services-led CVC). Its NAICS code is 54161 and its SIC code is 8742.