# Nexit Ventures: portfolio, investments and team > Nexit Ventures is a vc firm based in Finland. 19 investments on record, latest Nov 2013. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/nexit-ventures (Millionrounds; every figure on the page links to its filing or article) Finland · [Investor](https://millionrounds.com/investors) # Nexit Ventures Last cheque observed Nov 2013. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Quiet VC firm Growth Digital Transformation B2B Technology Follow Nexit Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fnexit-ventures) Cheques on record **0%** of best year **0** **cheques in 12 months**, 19 on record Since the last cheque **4736** days **00** hrs **00** min **00** sec Median round **$5.5M** Rounds led **0 of 19** Sole investor **4 rounds** Exits **4 from the portfolio** Mostly in **United States, 68%** Pitch Nexit Ventures ## Nexit Ventures highlights - 01 19 rounds on record - 02 Mostly Venture and Series B: 68% of its rounds - 03 Sole investor in 4 rounds, median $10M - 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 investments From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Growth - **Sectors:** Digital Transformation B2B Technology - **Based in:** Helsinki, Finland - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **19 appearances** - **2013** 3 rounds - **Nov** **[HDmessaging](https://millionrounds.com/company/hdmessaging)** Series A · US · finsmes.com **$3.0M** With 4 others - **May** **[Rightware Oy](https://millionrounds.com/company/rightware-oy)** Series B · FI · rightware.com **$5.2M** With 1 other - **Jan** **[Funambol](https://millionrounds.com/company/funambol)** Venture · US **$25M** With 2 others - **2012** 1 round - **Oct** **[Funambol](https://millionrounds.com/company/funambol)** Venture · US · gigaom.com **$5.8M** With 2 others - **2010** 3 rounds - **Sept** **[Blyk](https://millionrounds.com/company/blyk)** Venture · FI · blyk.com **$22M** Sole investor - **Jun** **[Octoshape](https://millionrounds.com/company/octoshape)** Venture · DK · octoshape.com **$4.8M** Sole investor - **Jan** **[Rightware Oy](https://millionrounds.com/company/rightware-oy)** Series A · FI · finsmes.com **$4.3M** With 1 other - **2009** 4 rounds - **Jun** **[Aava Mobile](https://millionrounds.com/company/aava-mobile)** Venture · FI **$4.3M** Sole investor - **Feb** **[Conformiq](https://millionrounds.com/company/conformiq)** Venture · US · venturebeat.com **$4.2M** With 1 other - **Jan** **[Axel Technologies](https://millionrounds.com/company/axel-technologies)** Series B · FI · arcticstartup.com **$3.1M** With 1 other - **Jan** **[Limbo](https://millionrounds.com/company/limbo)** Series C · US · techcrunch.com **$9.0M** With 3 others - **2008** 1 round - **Jun** **[Funambol](https://millionrounds.com/company/funambol)** Series B · US **$13M** With 3 others - **2006** 1 round - **Oct** **[Ekahau](https://millionrounds.com/company/ekahau)** Series B · US · venturebeat.com **$16M** Sole investor - **2005** 3 rounds - **Aug** **[Ecrio](https://millionrounds.com/company/ecrio)** Series B · US · wirelesswatch.jp **$3.0M** With 3 others - **May** **[SkyPilot Networks](https://millionrounds.com/company/skypilot-networks)** Series C · US · lightreading.com **$15M** With 6 others - **Jan** **[On2 Technologies](https://millionrounds.com/company/on2-technologies)** Series C · US **$5.2M** With 1 other - **2004** 1 round - **Mar** **[Bitfone Corporation](https://millionrounds.com/company/bitfone-corporation)** Series C · US **$21M** With 6 others - **2003** 1 round - **Jun** **[Bitfone Corporation](https://millionrounds.com/company/bitfone-corporation)** Venture · US **Undisclosed** With 7 others - **2001** 1 round - **Dec** **[SkyPilot Networks](https://millionrounds.com/company/skypilot-networks)** Series B · US **$24M** With 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 listed **4 in all** **[Octoshape](https://millionrounds.com/company/octoshape)** Bought by [Akamai Technologies](https://millionrounds.com/fund/akamai-technologies) **Undisclosed** Apr 2015 **[On2 Technologies](https://millionrounds.com/company/on2-technologies)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **$130M** Feb 2010 **[SkyPilot Networks](https://millionrounds.com/company/skypilot-networks)** Bought by Trilliant **Undisclosed** Jun 2009 **[Bitfone Corporation](https://millionrounds.com/company/bitfone-corporation)** Bought by [Hewlett-Packard](https://millionrounds.com/fund/hewlett-packard) **Undisclosed** Dec 2006 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Growth Median round joined **$5.5M** the round, not its cheque Alone, median **$10M** Led 0 of 19 rounds **0%** - **Sole investor:** 4 rounds - **Last cheque:** Nov 2013 - **Exits:** 4 from the portfolio Rounds by stage said on their site - Venture *7* - Series B *6* - Series C *4* - Series A *2* - Growth said *-* Cheques by year Led Joined 2001 2013 Often in the room with - [Castile Ventures](https://millionrounds.com/fund/castile-ventures) 3 - [H.I.G. Capital](https://millionrounds.com/fund/h-i-g-capital) 3 - [Noventi](https://millionrounds.com/fund/noventi) 3 - [3i Group](https://millionrounds.com/fund/3i-group) 2 - [Finnish Industry Investment](https://millionrounds.com/fund/finnish-industry-investment) 2 - [Invesco Perpetual](https://millionrounds.com/fund/invesco-perpetual) 2 **Pitching Nexit Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## 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 Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/castile-ventures)[**H.I.G. Capital** Growth equity **3** rounds together](https://millionrounds.com/fund/h-i-g-capital)[**Noventi** Family office **3** rounds together](https://millionrounds.com/fund/noventi)[**3i Group** Private equity **2** rounds together](https://millionrounds.com/fund/3i-group)[**Finnish Industry Investment** Investment firm **2** rounds together](https://millionrounds.com/fund/finnish-industry-investment)[**Invesco Perpetual** Growth equity **2** rounds together](https://millionrounds.com/fund/invesco-perpetual)[**KTB Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/ktb-ventures)[**Mobius Venture Capital** Growth equity **2** rounds together](https://millionrounds.com/fund/mobius-venture-capital)[**Palo Alto Investors** Growth equity **2** rounds together](https://millionrounds.com/fund/palo-alto-investors)[**Saif Partners** Private equity **2** rounds together](https://millionrounds.com/fund/saif-partners)[**Selby Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/selby-venture-partners)[**St. Paul Venture Capital** Growth equity **2** rounds together](https://millionrounds.com/fund/st-paul-venture-capital) ## 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. ## Raising now? 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