EcoOnline

EcoOnline startet as a small player within chemical handling in Norway, and has grown both geographically and functionally, turning the company into a global software company that provides solutions for environment, health, safety (EHS), and sustainability (ESG) management.

Founded
2000
First Investment
2014
Software category
Environmental, Health, and Safety (EHS)
Geography
Global
Headquartered
Tønsberg, Norway 🇳🇴
Status
Exit

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EcoOnline startet as a small player within chemical handling in Norway, and has grown both geographically and functionally, turning the company into a global software company that provides solutions for environment, health, safety (EHS), and sustainability (ESG) management.

It offers a suite of SaaS products to help organizations manage chemical safety, ensure compliance, and improve operational safety through tools for risk assessment, incident reporting, and training. EcoOnline serves over 11,000 customers worldwide.

Growth Journey from Investment

ARR Growth from 2014 to 2021

10

X

%

+

Enterprise Value from 2014 to 2021

108

X

%

+

Enterprise Value in MNOK at exit in 2021

3450

X

%

+

Value Creation Initiatives

Add-on Acquisitions

Acquired 9 companies to expand geographically and add products for existing customers

Customer Success

Built a professional customer success department, increasing upsells and cross-sales

Scalale Sales Processes

Built scalable sales processes with specialized roles, taking EcoOnline’s organic ARR growth from 5% at investment to a CAGR of 29%

Pricing & Packaging

Increased pricies by an average of 25% to reflect customer value

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