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Otiva

Europe, Stockholms Lan, Sweden, Stockholm

Description

Otiva is a Stockholm, Sweden-based equity investment firm established in 2021. The firm distinguishes itself by investing across a broad spectrum of company stages, from Series A through to late-growth, encompassing both private and public entities. Founded by a team of seasoned investors, Otiva brings significant experience and a robust financial backing, reportedly stemming from connections to prominent Swedish industrial and financial groups. This foundation allows them to deploy substantial capital into promising ventures within the Nordic region and beyond.

The firm's investment philosophy is characterized by an agile and long-term approach, notably without a fixed holding period for their investments. Otiva positions itself as an active owner, providing strategic guidance, operational expertise, and access to a valuable network to support its portfolio companies. Their typical first cheque sizes are quite significant, reportedly starting from approximately SEK 100 million, which translates to about $9.5 million USD. For larger commitments or follow-on rounds, their investment capacity can extend up to SEK 1 billion, equivalent to roughly $95 million USD. This wide range demonstrates their flexibility and capability to support companies through various growth phases.

Otiva has quickly built a notable portfolio since its inception, participating in substantial funding rounds for well-known Nordic companies. Examples include their involvement in Instabox's €100 million Series C round and Doktor.se's €50 million funding round. Their participation in such large-scale investments underscores their capacity to be a lead or significant co-investor in high-growth companies. By offering patient capital and hands-on support, Otiva aims to be a preferred partner for ambitious entrepreneurs seeking to scale their businesses with a long-term perspective. Their strategic positioning allows them to target companies with significant market potential and contribute to their sustainable development.

Investor Profile

Otiva has backed more than 20 startups, with 0 new investments in the last 12 months alone. The firm has led 2 rounds, about 10% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series A, Seed rounds (top funding stages).
  • Majority of deals are located in Sweden, United Kingdom, France.
  • Strong thematic focus on E-Commerce, FinTech, Food and Beverage.
  • Typical check size: $9.5M – $95M.

Stage Focus

  • Series Unknown (25%)
  • Series A (20%)
  • Seed (15%)
  • Convertible Note (10%)
  • Series B (10%)
  • Private Equity (5%)
  • Undisclosed (5%)
  • Angel (5%)
  • Secondary Market (5%)

Country Focus

  • Sweden (85%)
  • United Kingdom (10%)
  • France (5%)

Industry Focus

  • E-commerce
  • Fintech
  • Food And Beverage
  • Shopping
  • Fashion
  • Marketplace
  • Peer To Peer
  • Transportation
  • Payments
  • Mobile
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Otiva frequently co-invest with?

BI
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 3
Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 1
VNV Global
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 1
H&M Group Ventures
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 1
eEquity
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 2
Partech
Europe, Ile-de-France, France, Paris
Co-Investments: 2
Felix Capital
Europe, England, United Kingdom, London
Co-Investments: 2
Marathon Venture Capital
Europe, Attiki, Greece, Athens
Co-Investments: 2
FV
North America, California, United States, San Francisco
Co-Investments: 1
Northzone
Europe, England, United Kingdom, London
Co-Investments: 3

Which angels does Otiva often collaborate with?

AH
Europe, Hovedstaden, Denmark, Copenhagen
Shared Deals: 1
DM
Europe, Norfolk, United Kingdom, Norwich
Shared Deals: 1
FE
Europe, Russian Federation
Shared Deals: 3
SS
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1
SN
Europe, Shropshire, United Kingdom, Shrewsbury
Shared Deals: 1
Shared Deals: 1
JN
Europe, Sweden
Shared Deals: 3
VJ
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1
NA
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1

What are some of recent deals done by Otiva?

AllPlants

London, England, United Kingdom

AllPlants is a VC-backed B-Corp on a mission to become Earth’s most forward-thinking food company.

DeliveryFood and BeverageFood DeliveryNutrition
Series UnknownMay 1, 2023
Amount Raised: $12,800,000
BlaBlaCar

Paris, Ile-de-France, France

BlaBlaCar is a long distance carpooling platform that connects drivers with empty seats and passengers to share travel costs.

Car SharingCollaborative ConsumptionInternetPeer to PeerRide SharingTransportationTravel
Convertible NoteApr 20, 2021
Amount Raised: $115,000,000
Pet Media Group

Stockholm, Stockholms Lan, Sweden

PMG invests in and operates some of the world's largest online classifieds platforms for pets and related categories

ClassifiedsMarketplace
Series AAug 1, 2019
Amount Raised: $12,000,000
NA-KD.com

Gothenburg, Vastra Gotaland, Sweden

NA-KD.com is a Swedish fashion e-commerce company.

E-CommerceFashionMarketplaceMobile
Series BJul 2, 2019
Amount Raised: $22,504,216
WhyWaste

Stockholm, Stockholms Lan, Sweden

Whywaste provides a store solution where Coop can save money, time and reduce food waste.

AgricultureE-CommerceFood and BeverageRetail
Series UnknownApr 10, 2019
Klarna

Stockholm, Stockholms Lan, Sweden

Klarna is an e-commerce payment solutions platform for merchants and shoppers.

E-CommerceFinTechPaymentsShopping
Private EquityApr 8, 2019
Amount Raised: $93,000,000
norbloc

Stockholm, Stockholms Lan, Sweden

KYC platforms on distributed ledgers

BankingBlockchainBusiness Information SystemsComplianceFinTechIdentity ManagementSoftware
Convertible NoteFeb 15, 2019
Amount Raised: $2,259,300
AllPlants

London, England, United Kingdom

AllPlants is a VC-backed B-Corp on a mission to become Earth’s most forward-thinking food company.

DeliveryFood and BeverageFood DeliveryNutrition
Series ASep 19, 2018
Amount Raised: $9,856,010
NA-KD.com

Gothenburg, Vastra Gotaland, Sweden

NA-KD.com is a Swedish fashion e-commerce company.

E-CommerceFashionMarketplaceMobile
Series BJan 15, 2018
Amount Raised: $45,000,000
norbloc

Stockholm, Stockholms Lan, Sweden

KYC platforms on distributed ledgers

BankingBlockchainBusiness Information SystemsComplianceFinTechIdentity ManagementSoftware
SeedOct 19, 2017
Amount Raised: $1,600,000