Viking Venture is now Viking Growth
April 30, 2025
April 30, 2025
Today, Viking Venture officially becomes Viking Growth. The name finally matches what the work actually is: backing Nordic B2B SaaS companies through their scale-up phase, not their venture phase.
Over the past decade, we have refined our role as the leading growth partner for software companies across the Nordics. Now, our name reflects exactly what we do — and have been doing for years.
The numbers tell that story. Viking Growth backs 19 active portfolio companies across the Nordics, representing more than NOK 4 billion in combined ARR. Assets under management now exceed NOK 4.4 billion. None of that is venture-stage work, and it hasn't been for years.
“The name Viking Growth better represents what we’ve been doing all along—helping Nordic software companies scale,” said Erik Fjellvær Hagen, Managing Partner at Viking Growth. “We’re the same team, with the same strategy and the same mission, but now with a name that speaks directly to our purpose.”
In practice, very little. Same team. Same investment thesis. Same Nordic B2B SaaS focus, same €2–15M ARR sweet spot, same long-term partnership model.
What's new is operational:
Erik Fjellvær Hagen
Managing Partner, Viking Growth
E-post: erik.hagen@vikinggrowth.com
Telefon: +47 920 22 430
📍 Headquartered in Trondheim, Norway
💼 Leading investor in Nordic B2B software companies
🚀 Invests in scale-ups with strong international growth potential
🏢 19 active portfolio companies across the Nordics with 4 billion in ARR
🧩 Focused on software supporting critical business processes
💰 Assets under management: Over NOK 4.4 billion
🌍 Active across the Nordic region
We've been a growth investor for years. The work with long-term partnerships with Nordic B2B SaaS companies between €2–15M ARR stopped looking like venture investing some time ago. The name had drifted; we caught it up.
No. Same focus on Nordic B2B SaaS companies. Same €2–15M ARR sweet spot. Same hands-on, minority-stake partnership model. Same team making the calls.
Either: leave existing references as "Viking Venture (now Viking Growth)" on first mention, or update directly to "Viking Growth." Both are correct. For new content, just use Viking Growth.
No. Same partners, same investment team, same operating team. Nobody has joined or left in connection with the rebrand.
If you're a Nordic B2B SaaS founder between €2–15M ARR, the fastest route is the contact form on vikinggrowth.com, or you can send an e-mail directly to the investment team.
Kongens gate 8, 7011 Trondheim
© Viking Growth 2025
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