Eyrir Venture Management
Eyrir Venture Management (ReykVC) is an Icelandic venture capital firm and the venture arm of Eyrir Invest, managing the Eyrir Sprotar fund and investing early-stage capital in impact-driven founders addressing global challenges.
- Company typePrivate
- Founded2015
- HeadquartersReykjavík, Iceland
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Eyrir Venture Management does
Eyrir Venture Management, which operates commercially as ReykVC, is an Icelandic venture capital firm and the venture investment arm of Eyrir Invest. Founded in 2015 and headquartered at Skólavörðustígur 25 in Reykjavík, the firm manages the Eyrir Sprotar venture fund and deploys early-stage capital to founders building solutions framed around "must-have" answers to global challenges, explicitly pairing financial returns with a stated sustainability/impact mandate. Its go-to-market is investor-led rather than product-led: deal sourcing, screening, investment, and ongoing portfolio support are delivered through a small team (1–10 employees) anchored by founder Thordur Magnusson. The firm does not sell products, software, or services; its economic engine is conventional VC — management fees on the Eyrir Sprotar fund AUM plus carried interest on successful exits.
The company's "product" is its investment platform: capital, strategic support, and access to the Icelandic/Nordic innovation network, packaged into funding rounds for impact-driven founders. Distribution is minimal — a professional website (reykvc.is / evm.is), a general contact email and a Reykjavík phone line, and a stated Icelandic operating footprint with no disclosed cross-border offices. No proprietary technology, AI/ML tooling, software stack, or integration surfaces are documented, consistent with a small fund-of-one's-portfolio operating model. Customer segmentation is horizontal, targeting a single persona (impact-driven founders), and the firm offers no pricing tiers, product SKUs, or published fee schedule to portfolio companies — terms are negotiated bilaterally per deal.
The broader context is that Eyrir Venture Management is one node in the Eyrir Invest portfolio of holdings; it sources equity from a parent-affiliated fund rather than running an open LP raise with public terms. There is no evidence of third-party LP reporting, audited AUM figures, or disclosed fund size, and no record of acquisitions, exits, leadership turnover, or restructuring in the supplied data. As a result, the company's strategic footprint is essentially defined by the deployment pace of Eyrir Sprotar rather than by M&A or platform-building activity.
Eyrir Venture Management firmographics
Firmographics- Name
- Eyrir Venture Management
- Website
- https://evm.is
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Eyrir Venture Management (ReykVC) is an Icelandic venture capital firm and the venture arm of Eyrir Invest, managing the Eyrir Sprotar fund and investing early-stage capital in impact-driven founders addressing global challenges.
- Ownership category
- akta.pro rank
Eyrir Venture Management industry classification
Industry- Product category
- Venture Capital Investment
- NAICS
- Other Financial Vehicles (525990)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs) (BPAHAOAG)
Keywords
Where Eyrir Venture Management is headquartered
LocationHeadquarters
- HQ city
- Reykjavík
- HQ country
- Iceland
- HQ region
- Europe
Markets served
Eyrir Venture Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others
Marketing channels1 record
Eyrir Venture Management product offering
Product offeringCore offering
Eyrir Venture Management (operated as ReykVC) is the venture investment arm of Eyrir Invest and manages the Eyrir Sprotar venture fund. The firm provides venture capital funding and strategic support to exceptional founders building must-have solutions that tackle global challenges and create lasting positive impact. It operates from Reykjavík, Iceland, with access to the Nordic innovation ecosystem.
Product overview
Eyrir Venture Management (operated as ReykVC) is a venture capital firm based in Reykjavik, Iceland. The company provides investment funding and support to exceptional founders building solutions for global challenges. As a VC firm, Eyrir/ReykVC does not offer technology products or SaaS services; rather, it offers venture capital investment services, portfolio company support, and sustainability-focused investment approaches. The company website (https://reykvc.is/) provides information about its investment approach, portfolio companies, team, and sustainability initiatives.
Differentiator
Problem solved
Functional benefit
Products and services
- Eyrir Sprotar Venture Fund
Companies that use Eyrir Venture Management
Customer profileSegments1 record
Ideal customer profiles1 record
Eyrir Venture Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Eyrir Venture Management partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights4 records
Eyrir Venture Management competitors and assessment
Company assessmentMarket position
Competitive moat3 records
Key risks4 records
Key highlights5 records
Customer concentration
Eyrir Venture Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eyrir Venture Management leadership team
Management profileNumber of profiles
Profiles1 record
Eyrir Venture Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eyrir Venture Management M&A and investment
M&A and investmentM&A
Investments40 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Eyrir Venture Management
What does Eyrir Venture Management do?
Eyrir Venture Management (operated as ReykVC) is the venture investment arm of Eyrir Invest and manages the Eyrir Sprotar venture fund. The firm provides venture capital funding and strategic support to exceptional founders building must-have solutions that tackle global challenges and create lasting positive impact. It operates from Reykjavík, Iceland, with access to the Nordic innovation ecosystem.
Is Eyrir Venture Management a public or private company?
Eyrir Venture Management is a private company. It is classified as corporate owned and is currently operating.
When was Eyrir Venture Management founded?
Eyrir Venture Management was founded in 2015. It employs 1 to 10 people.
Where is Eyrir Venture Management based?
Eyrir Venture Management is headquartered in Reykjavík, Iceland, in the Europe region.
Does Eyrir Venture Management have an API?
No public API is recorded for Eyrir Venture Management.
What industry is Eyrir Venture Management in?
Eyrir Venture Management's product category is Venture Capital Investment. Its primary akta.pro industry code is BPAHAOAG, Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs). Its NAICS code is 525990 and its SIC code is 6282.