Venture Capital

Northzone

Northzone is a multi-stage venture capital firm founded in 1996 in Oslo and now headquartered in London, with additional offices in New York, Stockholm, Berlin and Amsterdam. The firm partners with founders across the United States and Europe from Seed through Growth, positioning itself as a single long-term partner from the first check all the way to IPO, with check sizes ranging from roughly $1M to $50M. Over nearly three decades Northzone has raised 13 funds, backed more than 250 companies, produced 18 unicorns and 14 IPOs, and reports $3.1bn+ in assets under management; its most recent flagship vehicle raised approximately €1bn. Northzone invests broadly across AI, enterprise software, fintech, consumer, healthcare, climate and energy, and infrastructure and developer tools, and is known for early backing of category creators including Spotify, Klarna, Trustpilot, Kahoot!, Personio, TrueLayer, Avito and iZettle. The firm supports portfolio companies through a Platform team and a network of 500+ operators drawn from companies such as OpenAI, Anthropic and Stripe.

140 portfolio companies 140 publish APIs here 13 properties
Venture CapitalSeedSeries AGrowth EquityArtificial IntelligenceEnterpriseFintechConsumerHealthcareClimateDeveloper ToolsEuropeLondon
Portfolio Strength across 140 profiled portfolio companies on the network
9 top-rated API companies 0 exemplar · 9 strong
29 agent-ready companies 8 agent-native · 21 agent-ready
Average quality of the book:
Composite emerging 23.5
Agent-Readiness human-only 13.9

Firms are ranked by cumulative portfolio strength — how many highly-rated API companies they've backed, weighted by tier across composite quality and agent-readiness. The averages below are a secondary read on the typical company in the book.

Northzone has 140 portfolio companies tracked on the APIs.io network, of which 140 (100%) publish APIs indexed here.

Its highest-rated API providers on the network are Trustpilot, Spotify, Xbow, Kota, Gc Ai.

Portfolio on the Network

Portfolio companies that publish APIs indexed on APIs.io, grouped by their API Evangelist rating. Exemplar and Strong are expanded by default.

Strong 9 Solid coverage with minor gaps
Developing 22 Usable, with meaningful gaps to close
Thin 15 Limited public surface area
Emerging 41 Early or largely undocumented
Minimal 53 Almost no public developer surface

Properties

Portfolio

Where the firm publishes its investments

Team

Partners and investing staff

Content

Blog, podcast, newsletter, and research

Firm

The firm itself

Source (apis.yml)

apis.yml Raw ↑
aid: northzone
name: Northzone
description: >-
  Northzone is a multi-stage venture capital firm founded in 1996 in Oslo and now headquartered in
  London, with additional offices in New York, Stockholm, Berlin and Amsterdam. The firm partners with
  founders across the United States and Europe from Seed through Growth, positioning itself as a single
  long-term partner from the first check all the way to IPO, with check sizes ranging from roughly $1M
  to $50M. Over nearly three decades Northzone has raised 13 funds, backed more than 250 companies,
  produced 18 unicorns and 14 IPOs, and reports $3.1bn+ in assets under management; its most recent
  flagship vehicle raised approximately €1bn. Northzone invests broadly across AI, enterprise software,
  fintech, consumer, healthcare, climate and energy, and infrastructure and developer tools, and is
  known for early backing of category creators including Spotify, Klarna, Trustpilot, Kahoot!, Personio,
  TrueLayer, Avito and iZettle. The firm supports portfolio companies through a Platform team and a
  network of 500+ operators drawn from companies such as OpenAI, Anthropic and Stripe.
accessModel:
  pricing: unknown
  onboarding: unknown
  trial: false
  try_now: false
  public: false
  label: Unknown
  confidence: low
  source: []
  generated: '2026-07-22'
  method: derived
image: https://northzone.com/favicon.ico
x-type: venture-capital
x-category: Venture Capital
created: '2026-07-17'
modified: '2026-07-17'
specificationVersion: '0.20'
tags:
  - Venture Capital
  - Seed
  - Series A
  - Growth Equity
  - Artificial Intelligence
  - Enterprise
  - Fintech
  - Consumer
  - Healthcare
  - Climate
  - Developer Tools
  - Europe
  - London
apis: []
common:
  - type: Website
    url: https://northzone.com/
  - type: Portfolio
    url: https://northzone.com/portfolio/
  - type: Portfolio
    url: portfolio/northzone-portfolio.yml
  - type: Team
    url: https://northzone.com/team/
  - type: Team
    url: team/northzone-team.yml
  - type: InvestmentThesis
    url: https://northzone.com/our-story/
  - type: InvestmentThesis
    url: https://northzone.com/platform
  - type: Blog
    url: https://northzone.com/insights
  - type: News
    url: https://northzone.com/insights
  - type: Jobs
    url: https://portfolio.northzone.com/companies
  - type: Crunchbase
    url: https://www.crunchbase.com/organization/northzone
  - type: LinkedIn
    url: https://www.linkedin.com/company/northzone/
  - type: Twitter
    url: https://x.com/northzoneVC
  - type: Features
    data:
      - "Stage: Seed to Growth (multi-stage, first check to IPO)"
      - "Typical check: ~$1M-$50M"
      - "Sectors: AI, enterprise software, fintech, consumer, healthcare, climate & energy, infrastructure & developer tools"
      - "Geography: Europe and the United States"
      - "AUM: $3.1bn+ (self-reported); latest flagship fund ~EUR 1bn"
      - "Track record: 250+ companies, 18 unicorns, 14 IPOs, 13 funds"
      - "Founded: 1996 (Oslo)"
      - "HQ: London, UK (offices in New York, Stockholm, Berlin, Amsterdam)"
    sources:
      - https://northzone.com/our-story/
      - https://northzone.com/portfolio/
      - https://northzone.com/
    updated: '2026-07-17'
maintainers:
  - FN: Kin Lane
    email: info@apievangelist.com
    url: https://apievangelist.com
  - FN: APIs.json
    url: http://apisjson.org
  - FN: Northzone
    url: https://northzone.com/