Finland · Investor

Nexit Ventures

Last cheque observed Nov 2013. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

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QuietVC firm

GrowthDigital TransformationB2BTechnology

Cheques on record
0%of best year0cheques in 12 months, 19 on record
Since the last cheque4736days00hrs00min00sec
Median round$5.5MRounds led0 of 19Sole investor4 roundsExits4 from the portfolioMostly inUnited States, 68%
Pitch Nexit Ventures

Nexit Ventures highlights

  1. 01

    19 rounds on record

  2. 02

    Mostly Venture and Series B: 68% of its rounds

  3. 03

    Sole investor in 4 rounds, median $10M

  4. 04

    4 exits from the portfolio

What they do

Nexit Ventures is the oldest and most experienced technology growth fund in Finland ... Our current focus is on later stage B2B investmentsFrom their own website
Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
Growth
Sectors
Digital TransformationB2BTechnology
Based in
Helsinki, Finland
Cold pitches
Not stated

The record

Every round we can evidence, newest first19 appearances

  1. 2013

    3 rounds

  2. Nov
    HDmessagingSeries A · US · finsmes.com$3.0MWith 4 others
  3. May
    Rightware OySeries B · FI · rightware.com$5.2MWith 1 other
  4. Jan
    FunambolVenture · US$25MWith 2 others
  5. 2012

    1 round

  6. Oct
    FunambolVenture · US · gigaom.com$5.8MWith 2 others
  7. 2010

    3 rounds

  8. Sept
    BlykVenture · FI · blyk.com$22MSole investor
  9. Jun
    OctoshapeVenture · DK · octoshape.com$4.8MSole investor
  10. Jan
    Rightware OySeries A · FI · finsmes.com$4.3MWith 1 other
  11. 2009

    4 rounds

  12. Jun
    Aava MobileVenture · FI$4.3MSole investor
  13. Feb
    ConformiqVenture · US · venturebeat.com$4.2MWith 1 other
  14. Jan
    Axel TechnologiesSeries B · FI · arcticstartup.com$3.1MWith 1 other
  15. Jan
    LimboSeries C · US · techcrunch.com$9.0MWith 3 others
  16. 2008

    1 round

  17. Jun
    FunambolSeries B · US$13MWith 3 others
  18. 2006

    1 round

  19. Oct
    EkahauSeries B · US · venturebeat.com$16MSole investor
  20. 2005

    3 rounds

  21. Aug
    EcrioSeries B · US · wirelesswatch.jp$3.0MWith 3 others
  22. May
    SkyPilot NetworksSeries C · US · lightreading.com$15MWith 6 others
  23. Jan
    On2 TechnologiesSeries C · US$5.2MWith 1 other
  24. 2004

    1 round

  25. Mar
    Bitfone CorporationSeries C · US$21MWith 6 others
  26. 2003

    1 round

  27. Jun
    Bitfone CorporationVenture · USUndisclosedWith 7 others
  28. 2001

    1 round

  29. Dec
    SkyPilot NetworksSeries B · US$24MWith 7 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

We hold 7 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Exits from the portfolio

Companies it backed that were later bought or listed4 in all

OctoshapeBought by Akamai TechnologiesUndisclosedApr 2015
On2 TechnologiesBought by Google$130MFeb 2010
SkyPilot NetworksBought by TrilliantUndisclosedJun 2009
Bitfone CorporationBought by Hewlett-PackardUndisclosedDec 2006

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as Nexit Ventures. A count of rooms they were both in, not a relationship either has claimed.

Castile VenturesVC firm3rounds togetherH.I.G. CapitalGrowth equity3rounds togetherNoventiFamily office3rounds together3i GroupPrivate equity2rounds togetherFinnish Industry InvestmentInvestment firm2rounds togetherInvesco PerpetualGrowth equity2rounds togetherKTB VenturesVC firm2rounds togetherMobius Venture CapitalGrowth equity2rounds togetherPalo Alto InvestorsGrowth equity2rounds togetherSaif PartnersPrivate equity2rounds togetherSelby Venture PartnersVC firm2rounds togetherSt. Paul Venture CapitalGrowth equity2rounds together

Quick answers about Nexit Ventures

What does Nexit Ventures invest in?

Nexit Ventures invests most often at Venture and Series B (68% of the rounds on record), in sectors such as Digital Transformation, B2B and Technology.

How active is Nexit Ventures?

19 investments on record, 0 of them in the last 12 months. The most recent was in Nov 2013.

How big are Nexit Ventures's cheques?

The median round it joins is $5.5M.

Does Nexit Ventures lead rounds?

Rarely, if at all: none of its 19 investments on record names it as the lead.

Where does Nexit Ventures invest?

Most of the companies it backs are in the United States (68%), Finland (26%) and Denmark (5%).

Is Nexit Ventures investing now?

No investments in the last 12 months; the latest was in Nov 2013.

Who does Nexit Ventures invest alongside?

Most often Castile Ventures (3 rounds together), H.I.G. Capital (3 rounds together) and Noventi (3 rounds together).

What kind of investor is Nexit Ventures?

Nexit Ventures is a VC firm based in Helsinki, Finland.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it