VersoVentures

VersoVentures is a Finnish private equity company focusing on spin-offs and growth companies. Founded 2012 in Helsinki, Southern Finland, Finland, this private equity firm invests in startup, early stage, mid and late venture, emerging growth, middle market, later stage, growth capital, mature, management buy-outs, and spin-off investments. Its portfolio companies include Ginolis Ltd, CloudStreet, Emberion Oy, Atrinet, Cumulocity, Dedicated Network Partners, and Boftel. As of January 2020, the company had one exit and nine investments. It seeks to invest primarily in Information Communication Technology (ICT) companies and selectively forest, metal, energy and chemical industries utilizing ICT. The firm prefers primarily B-to-B and selectively B-to-C businesses. It prefers to invest in Europe with a focus on corporations with their headquarters or major R&D operations in Finland, in Nordics, Israel, and selectively in Germany. It typically invests in companies with sales values between €1 million ($1.38 million) and €30 million ($41.40 million).