Smedvig
Smedvig is a fourth-generation Norwegian family office founded in 1915 managing $2.4bn in assets across commercial real estate, venture capital, private equity, and fund investments in Norway and the UK. The firm serves commercial tenants, portfolio companies, and institutional investors.
- Company typePrivate
- Founded1915
- HeadquartersStavanger, Norway
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Smedvig does
Smedvig is a Norwegian family office founded in 1915, currently in its fourth generation of ownership under principal owner Anna Margaret Smedvig, who assumed stewardship in 2016. The firm manages approximately $2.4 billion in assets across five distinct business segments: commercial real estate through Smedvig Eiendom (173,000 m² of property across Norway and the UK, generating 239m NOK in annual rental income with 477,000 m² of development potential and a 4.5bn NOK market value); venture capital through Smedvig Ventures (€4-8m investments in B2B technology companies across UK, Nordics, and Benelux); private funds through Smedvig Capital Ltd in London (private equity, venture capital, real assets, and infrastructure investments since 1996); public funds through Smedvig Investment Management AS (holding an AIFM license since July 2020 for alternative investment fund management); and a charitable arm through the North Star foundation established in 2019.
Smedvig firmographics
Firmographics- Name
- Smedvig
- Legal name
- Smedvig AS
- Website
- https://smedvig.com
- Company type
- Private
- Founded year
- 1915
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Smedvig is a fourth-generation Norwegian family office founded in 1915 managing $2.4bn in assets across commercial real estate, venture capital, private equity, and fund investments in Norway and the UK. The firm serves commercial tenants, portfolio companies, and institutional investors.
- Ownership category
- akta.pro rank
Smedvig industry classification
Industry- Product category
- Family Office & Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940), Other Financial Vehicles (525990)
- SIC
- Investment Advice (6282), Lessors Of Real Property, Nec (6519), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Managed Account / SMA Multi-Manager Platforms (FSANAGAL)
Keywords
Where Smedvig is headquartered
LocationHeadquarters
- HQ city
- Stavanger
- HQ country
- Norway
- HQ region
- Europe
Offices2 records
Markets served
Smedvig business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Investment Returns: Smedvig generates returns through investments across real estate, venture capital, private equity, long only equity, hedge funds and fixed income. The company operates as a family office with a multi-generational investment approach.
- Real Estate Rental Income: Smedvig Eiendom generates rental income from commercial properties across Norway and the UK, with annual rental income of 239m NOK.
Distribution channels3 records
Marketing channels4 records
Smedvig product offering
Product offeringCore offering
Smedvig is a fourth-generation Norwegian family office managing approximately USD 2.4 billion in assets across multiple business segments. It invests in and manages commercial real estate in Norway and the UK (Smedvig Eiendom, 173,000 m²), makes venture capital and private equity fund investments (Smedvig Capital, since 1996 in London), runs a B2B technology venture arm (Smedvig Ventures, €4-8m cheques), and provides active asset management and investment advisory services as an authorized Alternative Investment Fund Manager (Smedvig Investment Management AS).
Product overview
Smedvig is a fourth-generation Norwegian family office (established 1915) managing 2.4bn USD in assets across five main business segments: real estate (Smedvig Eiendom managing 173,000 m² in Norway and UK), venture capital (Smedvig Capital Ltd in London investing €4-8m in B2B tech), private funds (global PE/VC/real assets investments since 1996), public funds (Smedvig Investment Management AS with AIFM license), and community investment (North Star foundation). The company operates from Stavanger, Norway and London, UK. Notable portfolio companies include Druid AI (agentic AI platform), Veni (IT services), and Innoasis (innovation hub).
Differentiator
Problem solved
Functional benefit
Brands
- Smedvig Eiendom: Real estate division investing in, developing, and managing commercial property in Norway and UK.
- Smedvig Venture
- Smedvig Capital
- Smedvig Investment Management
- North Star
- Peder Smedvigs Stipendiefond
- Nora Smedvig Stiftelsen
Products and services
- Smedvig Eiendom Real estate division that invests in, develops, and manages commercial properties in Norway and the UK. Manages 173,000 m² of properties with annual rental income of 239m NOK and development potential of 477,000 m². Targets commercial tenants seeking prime office and coworking space.
- Smedvig Ventures Venture capital arm investing in B2B technology companies across UK, Nordics, and Benelux. Investment range €4-8m per company with valuation up to €20m and ARR of €750k+. Targets early- to growth-stage B2B software companies.
- Smedvig Capital (Private Funds) Private funds investment division managing private equity, venture capital, real assets, and infrastructure fund investments globally since 1996. Operates through London-based Smedvig Capital Ltd.
- Smedvig Investment Management AS Fund management company providing active management and investment advisory services. Holds Alternative Investment Fund Manager (AIFM) license since July 2020. Manages investments in global fund managers including equity, fixed income, and hedge funds.
- North Star Nonprofit charitable organization established in 2019 by fourth-generation family members Anna Margaret Smedvig and Julia Smedvig Hagland. Supports projects and organizations focused on children and youth facing challenges.
Quantifiable outcome
- 2.7x ARR growth in 2024 (for portfolio company Druid AI)
Companies that use Smedvig
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles4 records
Smedvig technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Smedvig partnerships and signals
Strategic signalScale indicators8 records
Recent moves10 records
Expansion highlights6 records
Smedvig competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Smedvig social profiles
Digital presenceSmedvig financial estimates
Financial estimateRevenue estimate
Valuation estimate
Smedvig leadership team
Management profileNumber of profiles
Profiles12 records
Smedvig subsidiaries and ownership
Company hierarchySubsidiaries5 records
Smedvig funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Smedvig M&A and investment
M&A and investmentM&A
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Smedvig
What does Smedvig do?
Smedvig is a fourth-generation Norwegian family office managing approximately USD 2.4 billion in assets across multiple business segments. It invests in and manages commercial real estate in Norway and the UK (Smedvig Eiendom, 173,000 m²), makes venture capital and private equity fund investments (Smedvig Capital, since 1996 in London), runs a B2B technology venture arm (Smedvig Ventures, €4-8m cheques), and provides active asset management and investment advisory services as an authorized Alternative Investment Fund Manager (Smedvig Investment Management AS).
Is Smedvig a public or private company?
Smedvig is a private company. It is classified as family owned and is currently operating.
When was Smedvig founded?
Smedvig was founded in 1915. It employs 11 to 50 people.
Where is Smedvig based?
Smedvig is headquartered in Stavanger, Norway, in the Europe region.
How does Smedvig make money?
Two revenue lines are on record. Investment Returns are the primary driver. The others are real Estate Rental Income.
Does Smedvig have an API?
No public API is recorded for Smedvig.
What industry is Smedvig in?
Smedvig's product category is Family Office & Investment Management. Its primary akta.pro industry code is FSANAGAL, Managed Account / SMA Multi-Manager Platforms. Its NAICS code is 523940 and its SIC code is 6282.