INVL Technology
- Company typePublic
- Founded2015
- HeadquartersVilnius, Lithuania
- Headcount1–10
- GTM typeB2B
- OfferingServices
INVL Technology firmographics
Firmographics- Name
- INVL Technology
- Legal name
- INVL Technology
- Website
- https://invltechnology.com
- Company type
- Public
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
INVL Technology industry classification
Industry- Product category
- Closed-End Investment Fund (Technology)
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525), Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- NAV-Based / Portfolio Finance (Liquidity for LPs/GPs) (FSANAFAM)
- akta.pro secondary industry
- Fund Accounting & NAV Calculation (FSAAAMAB)
Keywords
Where INVL Technology is headquartered
LocationHeadquarters
- HQ city
- Vilnius
- HQ country
- Lithuania
- HQ region
- Europe
Offices1 record
Markets served
INVL Technology business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Others
Distribution channels1 record
Marketing channels5 records
INVL Technology product offering
Product offeringCore offering
INVL Technology is a closed-end investment fund (CEF) that invests in and develops European IT businesses. The fund owns three company groups — Novian (a leading Baltic IT company), NRD Companies (a global GovTech player), and NRD Cyber Security (a global cybersecurity company) — operating across cybersecurity, deep tech, and GovTech sectors. The fund's strategy involves capital investment, strategic development, and eventual exit of portfolio companies to deliver returns to shareholders.
Product overview
INVL Technology operates as a closed-end fund (CEF) that invests in and develops European IT businesses. The company does not offer a single unified product but rather owns a portfolio of three distinct company groups: Novian (a leading Baltic IT company providing technology services), NRD Companies (a global GovTech player delivering digital transformation across 22+ countries), and NRD Cyber Security (a cybersecurity company offering cybersecurity-as-a-service with its Natrix monitoring platform). The portfolio spans cybersecurity, deep tech, and GovTech sectors, with R&D investments of EUR 3.4 million in proprietary products, software, and methodologies during 2020-2024.
Differentiator
Problem solved
Functional benefit
Brands
- Natrix: Cybersecurity monitoring platform by NRD Cyber Security
Products and services
- Novian A leading Baltic IT company providing technology services and solutions, part of INVL Technology's portfolio of IT businesses. Novian encompasses IT services subsidiaries including Novian Systems (formerly Algoritmų Sistemos), Andmevara, Elsis PRO, Zissor, and a majority stake in Etronika, offering IT services, software development, process automation, data and analytics, media processing solutions, and digital financial services technology.
- NRD Companies A global GovTech company delivering digital transformation and digital infrastructure projects across more than 22 countries in Africa, Southeast Asia, and Europe. Originally Norway Registers Development, it is a wholly-owned portfolio company of INVL Technology providing government technology solutions and digital infrastructure services.
- NRD Cyber Security A global cybersecurity company offering cybersecurity-as-a-service solutions, including the Natrix specialized monitoring platform for holistic cybersecurity services. Part of INVL Technology's portfolio of IT businesses.
Quantifiable outcome
- 26% increase in net asset value (NAV) to EUR 64.6 million in 2025
- +4 more outcomes
Companies that use INVL Technology
Customer profileSegments1 record
Ideal customer profiles1 record
INVL Technology technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
INVL Technology partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- ICON Corporate FinanceminorINVL Technology partnered with ICON Corporate Finance to divest some of its portfolio businesses as part of the company's exit strategy. This partnership supports the company's plan to realize investments by mid-July 2026 and distribute proceeds to shareholders.
Scale indicators14 records
Recent moves8 records
Expansion highlights4 records
INVL Technology competitors and assessment
Company assessmentBroad incumbents
- 3i Group plc: London-listed private equity and venture capital group with broad European technology exposure. Comparable as a publicly listed European PE investor, but at materially larger scale and with diversified sector exposure.
- Molten Ventures plc: London-listed technology growth and venture capital investor (formerly Draper Esprit). Comparable as a publicly listed European tech-focused growth investor, though it operates as a fund manager rather than a finite-life closed-end fund.
- EQT AB: Stockholm-listed global private equity firm with substantial technology, cybersecurity, and GovTech exposure. Comparable as a large listed European PE/VC operator, but at much greater scale and with perpetual rather than finite fund life.
- Intermediate Capital Group plc: London-listed alternative asset manager with deep European PE/credit exposure. Comparable as a publicly listed European alternative asset manager, though at much larger scale and with broader strategy mix than INVL's pure tech/CEF structure.
Direct peers
- HarbourVest Global Private Equity Limited: London-listed closed-end private equity vehicle investing globally in PE primary, secondary, and co-investment opportunities. Comparable structure to INVL as a listed PE fund with NAV-based reporting and periodic liquidity events for shareholders.
- Apax Global Alpha Limited: London-listed closed-end fund providing exposure to Apax Partners' private equity transactions. Directly comparable as a publicly traded PE fund-of-funds with NAV-driven valuation and ongoing distributions to listed shareholders.
- ICG Enterprise Trust plc: London-listed private equity investment trust that invests in buyout, growth capital, and development opportunities. Comparable as a listed PE trust with NAV-based valuation and a focus on mid-market businesses.
- Hg Capital Trust plc: London-listed private equity investment trust focused on software and technology businesses. Comparable as a publicly listed PE trust with technology-sector concentration, NAV-based reporting, and periodic capital distributions to shareholders.
- Augmentum Fintech plc: UK-listed closed-end investment company (ticker AUGM) investing in early- and growth-stage fintech/tech businesses. Closest structural peer to INVL Technology: publicly listed CEF, NAV-driven returns, finite-life structure, technology-sector focus.
- Princess Private Equity Holding Limited: London-listed investment company providing exposure to a diversified portfolio of private equity investments. Comparable as a publicly listed PE closed-end fund with NAV-driven valuation and recurring semi-annual reporting.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key highlights7 records
Customer concentration
INVL Technology social profiles
Digital presenceINVL Technology compliance and trust
Trust signalCompliance2 records
INVL Technology financial estimates
Financial estimateRevenue estimate
Valuation estimate
INVL Technology leadership team
Management profileNumber of profiles
Profiles1 record
INVL Technology subsidiaries and ownership
Company hierarchySubsidiaries8 records
INVL Technology funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
INVL Technology M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about INVL Technology
What does INVL Technology do?
INVL Technology is a closed-end investment fund (CEF) that invests in and develops European IT businesses. The fund owns three company groups — Novian (a leading Baltic IT company), NRD Companies (a global GovTech player), and NRD Cyber Security (a global cybersecurity company) — operating across cybersecurity, deep tech, and GovTech sectors. The fund's strategy involves capital investment, strategic development, and eventual exit of portfolio companies to deliver returns to shareholders.
Is INVL Technology a public or private company?
INVL Technology is a public company. It is classified as public and is currently operating.
When was INVL Technology founded?
INVL Technology was founded in 2015. It employs 1 to 10 people.
Where is INVL Technology based?
INVL Technology is headquartered in Vilnius, Lithuania, in the Europe region.
Who are INVL Technology's main competitors?
Broad incumbents on record are 3i Group plc, Molten Ventures plc, EQT AB and Intermediate Capital Group plc. Direct peers are HarbourVest Global Private Equity Limited, Apax Global Alpha Limited, ICG Enterprise Trust plc, Hg Capital Trust plc, Augmentum Fintech plc and Princess Private Equity Holding Limited.
Does INVL Technology have an API?
No public API is recorded for INVL Technology.
What industry is INVL Technology in?
INVL Technology's product category is Closed-End Investment Fund (Technology). Its primary akta.pro industry code is FSANAFAM, NAV-Based / Portfolio Finance (Liquidity for LPs/GPs), with a secondary code of FSAAAMAB, Fund Accounting & NAV Calculation. Its NAICS code is 525 and its SIC code is 6282.